| Latest Forum Topics / Sapphire Last:0.049 -- |
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Good Entry
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BrainiakZ
Member |
07-Jul-2015 11:44
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anyone watching? churning at 78 ytd and today. do your homework, read all the announcements in the last 6 mths and make a decision. 1 more week to go...     |
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Sky1977
Member |
06-Jul-2015 13:27
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Are you sure they the same people?
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Isolator
Supreme |
06-Jul-2015 11:58
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Long... Expect the unexpected.. Enjoy... | ||||
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fattboy
Senior |
02-Jul-2015 16:54
Yells: "Fast , Fit and FAT" |
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Agree. The same people had been carrying the bags of cash ,testing diff market. Lol
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BrainiakZ
Member |
02-Jul-2015 15:30
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All those interested, load up enuff already? 2 more weeks to deal completion. |
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victortan
Elite |
27-Apr-2015 23:20
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This counter has been losing money, for every business strategy it go into, stell, now this railway, actually it shld not change business but change the lousy management. |
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desmondquek
Senior |
27-Apr-2015 21:56
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Similar or close to MIDAS |
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fooodball
Senior |
30-Jan-2015 10:46
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like midas? |
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johnng
Supreme |
29-Jan-2015 16:14
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Can it run soon?? |
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Sky1977
Member |
25-Nov-2014 12:48
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CONFIRMED order book of RMB2.1 billion sounds great. | ||||
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ozone2002
Supreme |
25-Nov-2014 11:30
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Could this be the next MIDAS? Sapphire Corporation plans to acquire a China-based Engineering, Procurement and Construction (EPC) business for RMB 360m (S$75.9m) as part of a new corporate and turnaround strategy to propel growth via railway infrastructure and engineering projects after disposing its loss-making steel business. It has entered into an agreement to acquire the entire share capital of the Hong Kong incorporated Ranken Infrastructure via issue of new Sapphire shares worth S$16.5m at $0.10 each and a subsequent capital injection of RMB 282m (S$59.4m). AAAcertified Ranken is China&rsquo s second-largest privately owned integrated rail infrastructure company with significant contracts from state-owned enterprises in China, India and Bangladesh. Ranken recorded net profit of RMB19.4m (S$4.1m) for the six months ended 30 June 2014 and has a confirmed order book of RMB 2.1 bn (S$442.1m) to be delivered over 3 years. Sapphire intends to propel growth via Ranken through increasing rail project order book, participating in urbanization plans and partnering with state-owned enterprises and governments in long-term infrastructure projects. |
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Sky1977
Member |
03-Aug-2014 00:06
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Anyone went to the recent general meeting? | ||||
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Sky1977
Member |
29-Jun-2014 21:51
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Any chance for this to move up? | ||||
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ssw518
Supreme |
28-Apr-2014 11:19
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Bro if you enter low  today, suggest you take profit. Not forgetting the expensesto be offset. I am not comfortable with their low revenue in yr 2014 report. Rather risk in water treatment stock then steel since china property bubble risk is there. trade with care...hope you huat ah |
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mesz33
Veteran |
28-Apr-2014 11:03
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Sold off at 5 mil profit bro.. cashflow coming in is secured by collateral also.. they have cash upfront 20 mil.. another 50 mil from bonds earning 5% yield.. redeemed by end of 6 mths.. secured by assets.. 5 percent of 50 mil semi annual is 1.25 mil.. which gives them at least 71.25 mil cash at end of 6 mths..the cash flows amount to 0.088c. Nta at 0.095, nt including mancala ltd which is also under them. mancala is an australian mining company in production for 20 years recently acquired by them.. so if it is still nt a value buy currently, what is a value buy? Regret not catching it earlier.. market open first 30 mins went up to 8c alr.. sianz.. nt many sellers as well which means more ppl keeping it for long term. Today first day nia.. watch tml and the day aft.. it will slowly edge up | ||||
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ssw518
Supreme |
28-Apr-2014 10:46
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Bro, this company lost huge money, reason for selling the sub looks like they need cash to keep company going. Another question is are they selling at profit or lost.... |
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mesz33
Veteran |
28-Apr-2014 10:33
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Little sellers.. looks like can be easily cleared by Bbs when they come in.. huat ar.... looking at long term growth | ||||
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remister889
Member |
28-Apr-2014 10:31
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Co will sell its entire PRC steel-making business (including vanadium production) for $70m ($20m cash plus $50m 5% coupon bond) and use the proceeds to propel its push into mining services, while looking out for strategic investments into other value-added engineering-related businesses. Sapphire expects to book a divestment gain of $3.8m. |
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mesz33
Veteran |
28-Apr-2014 10:30
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70mil over 6 mths i mean.. NTA at 9.5c.. nkw onli 8.5c.. undervalued stk.. nt considering the positive news on diversifing into other profitable businesses.. looks like they keeping their word to shareholders and serious in steering the company upward.. lol hope everybody huat big big | ||||
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mesz33
Veteran |
28-Apr-2014 10:21
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Huat ar.. the market cap 70 million nia.. but they have 70 million cash on hand.. chiong ar!! Change of management and business to improve profitability.. looking at long term uptrend.. hahas holding for long term.. lol | ||||
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