| Latest Forum Topics / Ley Choon Last:0.093 -- |
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Ley Choon
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Siwomp
Supreme |
13-Jun-2017 12:55
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The most it can close today is 34 where there is a gap to be fill.......vol is important to fill the gap. | ||||
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dav781
Senior |
13-Jun-2017 12:28
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Let' s see how long it takes to break the 4.5 million wall @ 3.2 cents :-)
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mistiq88
Veteran |
13-Jun-2017 12:17
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Walls are created by the same party who is controlling the share price (a.k.a the BBs). Walls can also disappear as quickly as when it was put up. The supposed BBs probably hold large amount of shares, so even 0.1 cents +/- can make a few K already.
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dav781
Senior |
13-Jun-2017 12:07
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The problem with this stock is people sell after earning 0.1 cent, creating a lot of walls :-( Hard to surge up fast. Would have do move slowly.
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dav781
Senior |
13-Jun-2017 11:50
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Bought some to hold for a few weeks at least. Low risk high possible return :-)
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Siwomp
Supreme |
13-Jun-2017 11:37
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Buy from sell queue @13.58mil.  Sell to buy queue @0.57mil only.........looking good. | ||||
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Morello
Veteran |
13-Jun-2017 11:16
Yells: "In it for the long haul" |
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agree ---> waiting for 4+ in the medium term
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dav781
Senior |
13-Jun-2017 11:12
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But ley Choon seems like the kind that moves up slowly, even with volume :-(
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dav781
Senior |
13-Jun-2017 11:10
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oops. I mean 4.5 cents. hahaha.
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dav781
Senior |
13-Jun-2017 11:09
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Ley Choon' s NAV is not as good as Chasen. But I think it should hit around 45 cents. Back to its core business after restructing, it should do well. PUB is going to lay a lot of pipes in the next 2 to 3 years!
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dyingcat
Veteran |
13-Jun-2017 11:00
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Will this repeat the story of Chasen which has run from 0.02x to 0.107? | ||||
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Siwomp
Supreme |
13-Jun-2017 10:56
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Vol is the basis of a good run....... | ||||
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dav781
Senior |
13-Jun-2017 10:42
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Sorry, I mean Quite bullish today :-)
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dav781
Senior |
13-Jun-2017 10:41
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uite bullish today. Most buy-ups!!! 0X (Ley Choon)  Information is updated as of Tue, June 13, 2017 at 10:38:56 AM  Last Chng Vol High Low  0.031 +0.002 9,497.9 0.031 0.029  Bid Bid Vol Ask Ask Vol  0.030 3,822.4 0.031 2,967.3  0.029 3,945.9 0.032 3,270.2  0.028 4,422 0.033 2,271  0.027 4,994 0.034 2,445.9  0.026 3,438 0.035 1,870  0.025 3,080 0.036 500  0.024 3,718.2 0.037 280 WEIGHTED AVG PRICE : 0.0303 LAST DONE PRICE : 0.031    SPREAD/PRICE RATIO : 0.0323 AVG TRADE SIZE : 114.433  Last Trades Vol BuyVol Mid SellVol  0.029 9 744.1 13.1 0 731  0.030 30 4,773.3 96 0 4,677.3  0.031 44 3,980.5 0 0 3,980.5  TOTAL 83 9,497.9 109.1 0 9,388.8  |
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Siwomp
Supreme |
13-Jun-2017 10:38
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I like this, back to its core compentency.......... back to sustain profitability. | ||||
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dav781
Senior |
09-Jun-2017 11:48
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The good thing about Govt projects is that there is no need to go for the lowest bidding. They take into consideration experience and reputation. Ley Choon should have some advantages. Of coz, Ley Choon must prove themselves in the P& L. Hopefully, a fifth consecutive quarter of profit in 2 months' time. Anyway, volume and price is good today :-)
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Morello
Veteran |
09-Jun-2017 09:57
Yells: "In it for the long haul" |
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Fair analysis Nothing much to add except for pipe laying projects or similar, pricing is extremely competitive, so not  easy to win public tenders. Even then, margins are very thin.  For now, I think this is just a BB play.  
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dav781
Senior |
08-Jun-2017 16:39
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Just sharing some thoughts of my value analysis of Ley Choon. Pls feel free to comment. 1. EPS for FY2017 = 3.16 cents. This is not an accurate reflection of the actual earnings of the company as out of the $17.8 million profit, $17.8 million is from the sale of 2 properties and its property development company. However, in FY2017, Ley Choon paid quite a bit for professional fees (for the restructuring), additional impairment losses on plant and equipment and motor vehicles and impairment losses on trade receivables in Yantai. I am also expecting lower finance cost (after restructuring) in FY2018. Taking all into consideration, I would expect EPS for FY2018 to be around 20% of FY2017. Also, there was the rights issue. Thus, expected EPS for FY2018 should be at least (I expect more business for Ley Choon due to PUB laying more water pipes in the next 2-3 years) 3.16 cents x 0.2 x 0.5 = 0.316 cents. Taking a conservative multiplier of 11 (for construction companies), I would expect Ley Choon to be worth at least 0.35 cents per share. 2. NAV per share after rights issue is 2.68 cents, so current price of 0.27 cents should be a safe price to enter. Most construction companies have NAV per share of more than 1. Using 1 is rather conservative as well. |
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dav781
Senior |
07-Jun-2017 10:50
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This tread has been dead for so long, just like Ley Choon :-) But Ley Choon is on its way back. 4 consecutive quarters in the black, better cost control and focused business after restructuring, extensive water pipe laying in Singapore in the next 2 years etc. |
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derekchong
Master |
15-Oct-2014 11:28
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top loser in % second to vard only. siong aah. |
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