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WATER PENNY left untapped.......$0.045 undervalued Post Reply Rate topic
stockist75 Veteran	30-Jan-2018 09:59        stockist75 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi SgYuan, Appreciate you can provide your EW insight of this sunningdale. Thks
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zandlery Supreme	25-Jan-2018 15:57        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	A healthy pull back. No stock can rise higher without profit taker........the drop not much consider the rise from 1.87........
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limkt009 Master	25-Jan-2018 14:58        limkt009 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Watch your front, grab $$$$$$$$ at your own time"
x 0   x 0  Alert Admin	Soon AEM will follow. johnnywalker      ( Date: 25-Jan-2018 14:43) Posted: It&rsquo s in correction mode today
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johnnywalker Senior	25-Jan-2018 14:55        johnnywalker About Contact  Quote this Post!
x 0   x 0  Alert Admin	It&rsquo s in correction mode today
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zandlery Supreme	24-Jan-2018 16:42        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Significant gain for days........look like gaining momentum....
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alexmay34 Veteran	24-Jan-2018 15:52        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Traditionally they don&rsquo t give interim dividen, last year was special, that&rsquo &rsquo s why there was a interim div. We can only hope it becomes a standard issue annually  spore1      ( Date: 24-Jan-2018 12:32) Posted: They have already given out interim dividend of 2.5 cents .Est Target price of 2.35 alexmay34      ( Date: 24-Jan-2018 11:49) Posted: Last year result announced on 27Feb give dividend of 6 cts, this year divy should not be any less. After the share consolidation of 5 to 1 , is there a chance of a bonus issue? Just hoping, dyodd vested
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spore1 Supreme	24-Jan-2018 12:32        spore1 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They have already given out interim dividend of 2.5 cents .Est Target price of 2.35 alexmay34      ( Date: 24-Jan-2018 11:49) Posted: Last year result announced on 27Feb give dividend of 6 cts, this year divy should not be any less. After the share consolidation of 5 to 1 , is there a chance of a bonus issue? Just hoping, dyodd vested
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alexmay34 Veteran	24-Jan-2018 11:49        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last year result announced on 27Feb give dividend of 6 cts, this year divy should not be any less. After the share consolidation of 5 to 1 , is there a chance of a bonus issue? Just hoping, dyodd vested
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Lucas4 Veteran	24-Jan-2018 11:15        Lucas4 About Contact  Quote this Post!
x 0   x 0  Alert Admin	after AEM. its turn to push up.
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zandlery Supreme	18-Jan-2018 20:44        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	At current since it drop from it peak. The valuation look attractive compare to other same industry stock.
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alexmay34 Veteran	18-Jan-2018 14:25        alexmay34 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What&rsquo s happening to this unloved share. Any exciting stories? When is reporting? any dividend coming?
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Anyhow Member	02-Oct-2017 11:22        Anyhow About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rose a lot today! But still below my entry price x.x entered at wrong timing
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Msport Elite	02-Oct-2017 10:18        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	http://www.nracapital.com/reports_pdf/eng%20how%20021017.pdf Msport      ( Date: 02-Oct-2017 10:13) Posted: Trading at attractive multiples compared to peers. We recently conducted a scan some of the publicly listed manufacturing services providers in Singapore, including precision plastic moulding companies. These companies included Venture, Hi-P, Valuetronics, Sunningdale, Fu Yu, Memtech and Fischer Tech. Among these companies Sunningdale and Memtech stand out for their low P/E multiples, compared to an average P/E of 13.46x trailing 12-month earnings. In this article, we pick the larger of the two, Sunningdale, for discussion. Figure 1: Peer Comparison Source: Bloomberg, Company filings Background &ndash global manufacturer with annual revenue of S$706m. Sunningdale is a manufacturer of precision plastic components with capabilities ranging from product & mould designs, mould fabrication, injection moulding and complementary finishing to the precision assembly of complete products with 19 manufacturing facilities across nine countries - Singapore, Malaysia, China, Latvia, Mexico, Indonesia, Thailand, India and Brazil. Customers come from the automotive, consumer/IT and healthcare sectors. Strong earnings momentum. In 1H 2017, the company reported net profit growth of 115.2% to from S$7.4m a year ago to S$15.9m. After adjusting for non-operating expenses such as retrenchment costs incurred in 2016, net profit growth was still an impressive 49.3% year-on-year. In fact, adjusted net profit grew by 57.1% year-on-year in 2Q17, compared to 41.3% in 1Q17. Earnings growth was driven more by gross margin improvement in 2017, which coincided with the completion of the new manufacturing facility in Chuzhou, China during 4Q 2016, as revenue grew by only 6.6% year-on-year in 1H17. Adjusted earnings grew by S$6.8m year-on-year in 1H17, tracking gross profit growth of S$8.7m. Figure 2: Adjusted Net Profit Source: Company announcements Company Name Mkt Cap (S$m) Trailing 12M rev (S$m) Sales / Assets Assets / Equity Gross margin Pre-tax margin ROE YTD Sales Growth YTD Earnings Growth P/E P/BV Dividend Yield Venture Corporation Limited 4996.93 3416.43 1.19 1.49 NA 7.8% 11.9% 41.3% 49.5% 22.73 2.60 2.8% Hi-P International Limited 1090.00 1267.83 1.21 1.76 14.7% 7.8% 15.0% -6.6% NM 13.17 1.84 14.1% Valuetronics Holdings Limited 416.18 433.58 1.26 2.00 14.8% 7.8% 18.4% 45.7% 64.8% 13.81 2.41 3.6% Sunningdale Tech Ltd 370.47 705.96 1.03 1.95 14.6% 8.1% 14.3% 6.6% 115.2% 7.79 1.06 4.3% Fu Yu Corporation Limited 143.07 188.60 0.81 1.41 16.0% 6.7% 5.2% -9.8% -59.7% 16.48 0.87 7.1% Memtech International Ltd 138.06 229.27 1.03 1.41 18.1% 8.7% 12.2% 14.8% NM 7.48 0.87 2.6% Fischer Tech Ltd 166.73 178.09 1.13 1.43 22.2% 9.9% 12.4% -5.2% 0.5% 12.79 1.52 2.0% Average 1.10 1.64 16.8% 8.1% 12.8% 12.4% 34.1% 13.46 1.60 5.6% At 13.46x P/E, company may be worth S$2.73. Based on the trailing 12-month adjusted net profit of S$38.22m, we estimate that the company may be worth S$514m, translating to 1.47x P/B and S$2.73 per share. We noted that the company&rsquo s share price has gained close to 100% for the past one year. At the minimum, we foresee that its share price should attempt to re-challenge the 52-week high of S$2.18 if our conjectures prove to be true, translating to upside of 10% to 39% from last Friday&rsquo s close of S$1.97. Conversely, the low P/E multiple of this stock implies limited downside if earnings were to disappoint.
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Msport Elite	02-Oct-2017 10:13        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Trading at attractive multiples compared to peers. We recently conducted a scan some of the publicly listed manufacturing services providers in Singapore, including precision plastic moulding companies. These companies included Venture, Hi-P, Valuetronics, Sunningdale, Fu Yu, Memtech and Fischer Tech. Among these companies Sunningdale and Memtech stand out for their low P/E multiples, compared to an average P/E of 13.46x trailing 12-month earnings. In this article, we pick the larger of the two, Sunningdale, for discussion. Figure 1: Peer Comparison Source: Bloomberg, Company filings Background &ndash global manufacturer with annual revenue of S$706m. Sunningdale is a manufacturer of precision plastic components with capabilities ranging from product & mould designs, mould fabrication, injection moulding and complementary finishing to the precision assembly of complete products with 19 manufacturing facilities across nine countries - Singapore, Malaysia, China, Latvia, Mexico, Indonesia, Thailand, India and Brazil. Customers come from the automotive, consumer/IT and healthcare sectors. Strong earnings momentum. In 1H 2017, the company reported net profit growth of 115.2% to from S$7.4m a year ago to S$15.9m. After adjusting for non-operating expenses such as retrenchment costs incurred in 2016, net profit growth was still an impressive 49.3% year-on-year. In fact, adjusted net profit grew by 57.1% year-on-year in 2Q17, compared to 41.3% in 1Q17. Earnings growth was driven more by gross margin improvement in 2017, which coincided with the completion of the new manufacturing facility in Chuzhou, China during 4Q 2016, as revenue grew by only 6.6% year-on-year in 1H17. Adjusted earnings grew by S$6.8m year-on-year in 1H17, tracking gross profit growth of S$8.7m. Figure 2: Adjusted Net Profit Source: Company announcements Company Name Mkt Cap (S$m) Trailing 12M rev (S$m) Sales / Assets Assets / Equity Gross margin Pre-tax margin ROE YTD Sales Growth YTD Earnings Growth P/E P/BV Dividend Yield Venture Corporation Limited 4996.93 3416.43 1.19 1.49 NA 7.8% 11.9% 41.3% 49.5% 22.73 2.60 2.8% Hi-P International Limited 1090.00 1267.83 1.21 1.76 14.7% 7.8% 15.0% -6.6% NM 13.17 1.84 14.1% Valuetronics Holdings Limited 416.18 433.58 1.26 2.00 14.8% 7.8% 18.4% 45.7% 64.8% 13.81 2.41 3.6% Sunningdale Tech Ltd 370.47 705.96 1.03 1.95 14.6% 8.1% 14.3% 6.6% 115.2% 7.79 1.06 4.3% Fu Yu Corporation Limited 143.07 188.60 0.81 1.41 16.0% 6.7% 5.2% -9.8% -59.7% 16.48 0.87 7.1% Memtech International Ltd 138.06 229.27 1.03 1.41 18.1% 8.7% 12.2% 14.8% NM 7.48 0.87 2.6% Fischer Tech Ltd 166.73 178.09 1.13 1.43 22.2% 9.9% 12.4% -5.2% 0.5% 12.79 1.52 2.0% Average 1.10 1.64 16.8% 8.1% 12.8% 12.4% 34.1% 13.46 1.60 5.6% At 13.46x P/E, company may be worth S$2.73. Based on the trailing 12-month adjusted net profit of S$38.22m, we estimate that the company may be worth S$514m, translating to 1.47x P/B and S$2.73 per share. We noted that the company&rsquo s share price has gained close to 100% for the past one year. At the minimum, we foresee that its share price should attempt to re-challenge the 52-week high of S$2.18 if our conjectures prove to be true, translating to upside of 10% to 39% from last Friday&rsquo s close of S$1.97. Conversely, the low P/E multiple of this stock implies limited downside if earnings were to disappoint.
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bishan22 Supreme	26-May-2015 19:34        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not sure whether boss KBH is still scooping more??? halleluyah      ( Date: 26-May-2015 16:48) Posted: coy is profit making wan so is ok to tumapang....  halleluyah      ( Date: 26-May-2015 16:47) Posted: Bro bishan, tis bugger gt vry little interest frm retailers so sometimes is gd to tumpang bbs when they do push down or push up...lol.
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halleluyah Supreme	26-May-2015 16:48        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	coy is profit making wan so is ok to tumapang....  halleluyah      ( Date: 26-May-2015 16:47) Posted: Bro bishan, tis bugger gt vry little interest frm retailers so sometimes is gd to tumpang bbs when they do push down or push up...lol. bishan22      ( Date: 26-May-2015 16:15) Posted: Rare to see up 0.015..... add oil.
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halleluyah Supreme	26-May-2015 16:47        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro bishan, tis bugger gt vry little interest frm retailers so sometimes is gd to tumpang bbs when they do push down or push up...lol. bishan22      ( Date: 26-May-2015 16:15) Posted: Rare to see up 0.015..... add oil.
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bishan22 Supreme	26-May-2015 16:15        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Rare to see up 0.015..... add oil.
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bllue911 Member	25-May-2015 15:07        bllue911 About Contact  Quote this Post! Style: Flexible
x 0   x 1  Alert Admin	Being accumulated slowly but surely. Buy!
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bllue911 Member	19-May-2015 22:05        bllue911 About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	Have been holding this since buying it from the 18 cents onwards. good dividend company with a strong operating cashflow (holding $100m+ cash!) Will hit 30 cents by this year!
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