Latest Posts By Qanghoo
- Supreme
About Qanghoo
|
|
| 16-May-2014 13:21 |
STATS ChipPAC
/
STATSChP
 Go to Message
|
 x 0
 x 0
|
Seems that ever so often, a listed company wld come forward with information only after SGX has queried, and not before the share price and volume has already gone up. Seems to be a greater occurrence with Tumasek-linked companies. Even in CMA' s case, the share price went up quite a bit and volume was very heavy a few days before the offer announcement was made. So much for the way transparency and governance are being so religiously preached in this country. But seems always that NATO is in action. |
| Good Post Bad Post | |
| 14-May-2014 14:32 |
China Fishery
/
China Fishery - Low PE
Go to Message
|
|
x 1
x 0
|
The likelihood of an El Nino this yr is abt 65%. Fishmeal, fish oil and other commodity production will definitely be impacted if EN does materialise. But so will prices of commodities. Apparently, during the last EN, the price of fishmeal was close to 3k/mt. It' s now abt 1.7k/mt. Last yr, when Peru reduced its quota of anchovy catch, it was abt 2k+/mt. So whether it will be positive or otherwise for CFG, it depends whether the price increase will more than offset the reduced anchovy catch. As for dividend, I think the highest dividend paid over the last 5 yrs was 4.5 sing cts/share. With the recent one-for-one rts issue, the most recent dividend was 1 sing ct/share. Performance-wise, revenue and gross profit for the most recent qtr were higher than the previous corresponding qtr, but net profit was lower. Finance cost, however, increased nearly 100%. Annual interest payment is now close to 100 mil USD. That' s astronomical. Nevertheless, CFG has indicated that the recent refinancing has helped reduced average interest expense. Also, they said they are committed to reducing their huge debt over the next two yrs. Therefore, finance cost shd hopefully be reduced in future. Bearing in mind all these figures, the stock is probably good for long term investors and not punters. |
| Good Post Bad Post | |
| 14-May-2014 12:59 |
China Fishery
/
China Fishery - Low PE
Go to Message
|
|
x 0
x 0
|
In fact, two of the banks in the consortia are Tumasek-linked banks. Also, note that CFG had indicated that, with the refinancing, average interest expense shd be reduced. So, hopefully, net profits in subsequent quarters wld be better. CFG has been a profitable and dividend-paying company over the last five yrs at least. Profits have declined over the last couple of yrs partly because of their troubles with the Russian authorities over accusations of being involved in a cartel. But with their transformation into a giant Peruvian anchovy supplier, it shd bode well for the long term. |
| Good Post Bad Post | |
| 07-May-2014 21:10 |
Genting Sing
/
Genting SP Next Move
Go to Message
|
|
x 0
x 0
|
JP Morgan TP even lower - $1.21. |
| Good Post Bad Post | |
| 06-May-2014 23:32 |
Courts Asia
/
Courts Asia
Go to Message
|
|
x 0
x 0
|
Yet barely a yr ago, there were analysts issuing buy calls with a target price of close to $1.50. Wonder what their bases were in arriving at such a lofty target and where these people are now. |
| Good Post Bad Post | |
| 02-May-2014 22:31 |
SMRT
/
SMRT
Go to Message
|
|
x 0
x 0
|
In that case, CD n SBST shares shd also fly cos the govt will surely apply the same model across the board. |
| Good Post Bad Post | |
| 24-Apr-2014 21:26 |
SMRT
/
SMRT
Go to Message
|
|
x 0
x 0
|
It' s becoming such a farcical joke. The word CAUTION doesn' t seem to exist in the vocab of anyone dabbling in hot stocks. |
| Good Post Bad Post | |
| 13-Apr-2014 11:11 |
Vard
/
Vard Holdings
Go to Message
|
|
x 0
x 0
|
Confirmed - Ocean Shield was delivered by STX OSV in 2012 as confirmed by its 2013 AGM Presentation Slides found on the SGX website. |
| Good Post Bad Post | |
| First < Newer 5261-5268 of 5268 Last |