logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   3361-3380 of 4989   Older>   Last  
Latest Forum Topics / Vard  Post Reply
Vard Holdings
heavenknow
Member
30-Jul-2013 15:51     
 
heavenknow About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Hmmm...most likely your views and theirs dun coincide. Thus they choose to decredit your efforts by giving bad ratings.
Your chart is really good information. Vard was too cheap to be ignored

ozone2002      ( Date: 30-Jul-2013 15:47) Posted:



i posted a chart comparing the O& M companies n  i got a bad rating.. i think the SJ admin should do something about errant bad post givers..

 

heavenknow      ( Date: 30-Jul-2013 15:34) Posted:

Must understand us poor vard holders under months of stress, every little move up must encourge abit
 Useful To Me  Not Useful To Me
ozone2002
Supreme
30-Jul-2013 15:50     
 
ozone2002 About Contact  Quote this Post! Style: Technical  
  x 0
  x 0

 Alert Admin

Last:0.825     Vol:10750k     +0.045

looking good so far today.. hope it can end on a high today to sustain the rally

gd luck dyodd
 Useful To Me  Not Useful To Me


ozone2002
Supreme
30-Jul-2013 15:47     
 
ozone2002 About Contact  Quote this Post! Style: Technical  
  x 1
  x 0

 Alert Admin

i posted a chart comparing the O& M companies n  i got a bad rating.. i think the SJ admin should do something about errant bad post givers..

 

heavenknow      ( Date: 30-Jul-2013 15:34) Posted:

Must understand us poor vard holders under months of stress, every little move up must encourge abit.

ozone2002      ( Date: 30-Jul-2013 15:22) Posted:

i dont see how this deserves a good post rating
 Useful To Me  Not Useful To Me
heavenknow
Member
30-Jul-2013 15:34     
 
heavenknow About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		Must understand us poor vard holders under months of stress, every little move up must encourge abit.

ozone2002      ( Date: 30-Jul-2013 15:22) Posted:

i dont see how this deserves a good post rating?

heavenknow      ( Date: 30-Jul-2013 15:15) Posted:

0.81 already...gogogo
 Useful To Me  Not Useful To Me
Peter_Pan
Supreme
30-Jul-2013 15:31     
 
Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: cool
Yells: "kopi-o siu dai mai hum!"
  x 0
  x 0

 Alert Admin 		Enjoy...
 Useful To Me  Not Useful To Me


morningstar13
Member
30-Jul-2013 15:29     
 
morningstar13 About Contact  Quote this Post!  
  x 1
  x 1

 Alert Admin 		Has the bull arrived? .... stunned to see price rise above 0.8!

heavenknow      ( Date: 30-Jul-2013 15:15) Posted:

0.81 already...gogogo
 Useful To Me  Not Useful To Me
CitizenBeng
Member
30-Jul-2013 15:24     
 
CitizenBeng About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin

Vard Holdings
 Since April 2012, shares of Vard Holdings have been on a downtrend and now reside in the oversold region. In terms of financial performance, while its business operation in Brazil is incurring losses, other geographical segments which the company is present in do not face the same situation as they remain profitable. I believe the price at which the share is trading now is reasonable considering that it is at record low levels. The support and resistance for this stock are at $0.79 and $1.205 respectively.

 Useful To Me  Not Useful To Me
ozone2002
Supreme
30-Jul-2013 15:22     
 
ozone2002 About Contact  Quote this Post! Style: Technical  
  x 0
  x 1

 Alert Admin 		i dont see how this deserves a good post rating?

heavenknow      ( Date: 30-Jul-2013 15:15) Posted:

0.81 already...gogogo
 Useful To Me  Not Useful To Me


heavenknow
Member
30-Jul-2013 15:15     
 
heavenknow About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		0.81 already...gogogo
 Useful To Me  Not Useful To Me
wendel
Master
30-Jul-2013 15:10     
 
wendel About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Vard will climb slowly la. Relax!
 Useful To Me  Not Useful To Me
uncleschampy
Member
30-Jul-2013 15:07     
 
uncleschampy About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Vard-" Tanic" is up again. Dunno just to get a breath before diving again.. or they waking up their idea
 Useful To Me  Not Useful To Me
heavenknow
Member
30-Jul-2013 14:31     
 
heavenknow About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		Engine repaired, setting sail again~
 Useful To Me  Not Useful To Me


wendel
Master
30-Jul-2013 13:51     
 
wendel About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		makes more sense to invest?

ozone2002      ( Date: 30-Jul-2013 13:34) Posted:

check out the comparison of the O& M stocks..Vard is the cheapest of the lot.. gd luck dyodd

Figure 1: Singapore Offshore & Marine sector coverage stocks

Mkt Cap Tgt Last EPS Growth (%) EV/EBITDA (X) P/E (X) P/B (X) ROE (%) Div Yield (%)

(US$m) Curr Rec Price Price FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F

Keppel Corp 14,863 SGD Buy 12.12 10.44 14.1 (34.3) 9.9 10.0 12.6 11.5 8.3 12.7 11.5 2.0 1.9 1.8

Sembcorp Marine 7,379 SGD Buy 5.20 4.45 (28.6) 13.1 18.8 12.7 9.9 8.5 17.3 15.3 12.9 3.8 3.3 2.9

Yangzijiang 2,785 SGD Hold 0.93 0.92 (9.9) (20.8) (9.5) 3.7 3.9 4.4 4.9 6.2 6.9 1.0 1.0 0.9

Cosco Corp 1,344 SGD Sell 0.65 0.76 (24.4) (42.8) 37.0 9.3 11.0 10.2 16.1 28.1 20.5 1.3 1.3 1.2

Ezion 1,721 SGD Buy 2.56 2.26 17.2 82.4 38.5 27.4 11.6 8.0 19.0 10.4 7.5 3.0 2.2 1.7

Vard 727 SGD Hold 0.95 0.78 (43.7) (47.5) 76.2 4.3 7.2 4.9 4.7 9..0 5.1 1.3 1.4 1.1 19.2 15.6 15.7 3.6 4.2 4.221.3 23.0 24.1 2.5 3.4 3.421.6 16.3 11.7 5.4 6.0 6.06.7 5.7 6.3 2.6 1.3 2.024.0 21.0 25.2 0.0 0.0 0.015.0 17.7 20.0 16.7 3.8 6.4

Source: Bloomberg, Maybank KE
 Useful To Me  Not Useful To Me
ozone2002
Supreme
30-Jul-2013 13:34     
 
ozone2002 About Contact  Quote this Post! Style: Technical  
  x 2
  x 1

 Alert Admin

check out the comparison of the O& M stocks..Vard is the cheapest of the lot.. gd luck dyodd

Figure 1: Singapore Offshore & Marine sector coverage stocks

Mkt Cap Tgt Last EPS Growth (%) EV/EBITDA (X) P/E (X) P/B (X) ROE (%) Div Yield (%)

(US$m) Curr Rec Price Price FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F FY12 FY13F FY14F

Keppel Corp 14,863 SGD Buy 12.12 10.44 14.1 (34.3) 9.9 10.0 12.6 11.5 8.3 12.7 11.5 2.0 1.9 1.8

Sembcorp Marine 7,379 SGD Buy 5.20 4.45 (28.6) 13.1 18.8 12.7 9.9 8.5 17.3 15.3 12.9 3.8 3.3 2.9

Yangzijiang 2,785 SGD Hold 0.93 0.92 (9.9) (20.8) (9.5) 3.7 3.9 4.4 4.9 6.2 6.9 1.0 1.0 0.9

Cosco Corp 1,344 SGD Sell 0.65 0.76 (24.4) (42.8) 37.0 9.3 11.0 10.2 16.1 28.1 20.5 1.3 1.3 1.2

Ezion 1,721 SGD Buy 2.56 2.26 17.2 82.4 38.5 27.4 11.6 8.0 19.0 10.4 7.5 3.0 2.2 1.7

Vard 727 SGD Hold 0.95 0.78 (43.7) (47.5) 76.2 4.3 7.2 4.9 4.7 9..0 5.1 1.3 1.4 1.1 19.2 15.6 15.7 3.6 4.2 4.221.3 23.0 24.1 2.5 3.4 3.421.6 16.3 11.7 5.4 6.0 6.06.7 5.7 6.3 2.6 1.3 2.024.0 21.0 25.2 0.0 0.0 0.015.0 17.7 20.0 16.7 3.8 6.4

Source: Bloomberg, Maybank KE

 Useful To Me  Not Useful To Me
SFGuyRuleZ
Veteran
30-Jul-2013 07:46     
 
SFGuyRuleZ About Contact  Quote this Post! Style: Combined  
Yells: "You are your own master.."
  x 1
  x 0

 Alert Admin 		Yeap I agree.. Not implying anything also. Just thought of correcting myself what I have posted last time and sharing how I derive at my own target price for now, that's all.. Cheers!! =)

jomini      ( Date: 30-Jul-2013 07:26) Posted:



caveat that dcf, or any form of fundamental analysis  is very subjective.

gotta bear in mind old caveat too. mkts can stay irrational longer than u can stay solvent.

no pos

SFGuyRuleZ      ( Date: 29-Jul-2013 21:54) Posted:



Recently consulted a few of my friends working in finance line and asked them about Discounted Cash Flow Valuation (DCF) and fair value. From what I understood, for a stock that is highly liquid and with high volume, retained earnings/share can be added to DCF to obtain a fair value, provided the business is on-going in the long run. As for how discount factor is obtained, it varies differently for different people but from my experiences accumulated over the years, 0.12 is a rather good discount factor I use (taking into account risk-free rate, risk premium and inflation rate) often for companies below $5billion market capitalization and with relatively good current ratio, acid-test ratio and debt to equity ratio. For STI-listed and stable companies with low debt and high cash flow (e.g Keppel and ST Engineering), I realise a discount factor of 0.06 or less is used, which is reasonable as low risk => low yield.

Therefore, for Vard now based on current results and assume current earnings are at least maintained and taking into account no growth (positive or negative), and that business is on-going in the long run:

Based on discount factor 0.12 and g = 0, DCF/ share ~= 0.46.

retained earnings/ share = 0.45.

My fair value/ share for Vard now = 0.92.

Hope I clear any misunderstanding if any.. =)
 Useful To Me  Not Useful To Me
jomini
Veteran
30-Jul-2013 07:26     
 
jomini About Contact  Quote this Post!  
Yells: "slow down, think, question"
  x 0
  x 0

 Alert Admin

caveat that dcf, or any form of fundamental analysis  is very subjective.

gotta bear in mind old caveat too. mkts can stay irrational longer than u can stay solvent.

no pos

SFGuyRuleZ      ( Date: 29-Jul-2013 21:54) Posted:



Recently consulted a few of my friends working in finance line and asked them about Discounted Cash Flow Valuation (DCF) and fair value. From what I understood, for a stock that is highly liquid and with high volume, retained earnings/share can be added to DCF to obtain a fair value, provided the business is on-going in the long run. As for how discount factor is obtained, it varies differently for different people but from my experiences accumulated over the years, 0.12 is a rather good discount factor I use (taking into account risk-free rate, risk premium and inflation rate) often for companies below $5billion market capitalization and with relatively good current ratio, acid-test ratio and debt to equity ratio. For STI-listed and stable companies with low debt and high cash flow (e.g Keppel and ST Engineering), I realise a discount factor of 0.06 or less is used, which is reasonable as low risk => low yield.

Therefore, for Vard now based on current results and assume current earnings are at least maintained and taking into account no growth (positive or negative), and that business is on-going in the long run:

Based on discount factor 0.12 and g = 0, DCF/ share ~= 0.46.

retained earnings/ share = 0.45.

My fair value/ share for Vard now = 0.92.

Hope I clear any misunderstanding if any.. =)


SFGuyRuleZ      ( Date: 25-Jul-2013 11:02) Posted:



Based on first half results 2013 for now,

net book value (excluding intangible assets)/ share   = 0.56

DCF valuation based on discount factor 0.12 and assume no growth (positive or negative), letting g = 0, intrinsic value/ share  ~= 0.46.

Fair value / Target Price = ?? (You decide..)

 

SFGuyRuleZ's target price for now = 0.89.

Jacelin84's target price = 0.69.

Hawkeye's target price = 0.5

Market's target price = ????????

Cheers!!
 Useful To Me  Not Useful To Me
SFGuyRuleZ
Veteran
29-Jul-2013 21:54     
 
SFGuyRuleZ About Contact  Quote this Post! Style: Combined  
Yells: "You are your own master.."
  x 0
  x 0

 Alert Admin

Recently consulted a few of my friends working in finance line and asked them about Discounted Cash Flow Valuation (DCF) and fair value. From what I understood, for a stock that is highly liquid and with high volume, retained earnings/share can be added to DCF to obtain a fair value, provided the business is on-going in the long run. As for how discount factor is obtained, it varies differently for different people but from my experiences accumulated over the years, 0.12 is a rather good discount factor I use (taking into account risk-free rate, risk premium and inflation rate) often for companies below $5billion market capitalization and with relatively good current ratio, acid-test ratio and debt to equity ratio. For STI-listed and stable companies with low debt and high cash flow (e.g Keppel and ST Engineering), I realise a discount factor of 0.06 or less is used, which is reasonable as low risk => low yield.

Therefore, for Vard now based on current results and assume current earnings are at least maintained and taking into account no growth (positive or negative), and that business is on-going in the long run:

Based on discount factor 0.12 and g = 0, DCF/ share ~= 0.46.

retained earnings/ share = 0.45.

My fair value/ share for Vard now = 0.92.

Hope I clear any misunderstanding if any.. =)


SFGuyRuleZ      ( Date: 25-Jul-2013 11:02) Posted:



Based on first half results 2013 for now,

net book value (excluding intangible assets)/ share   = 0.56

DCF valuation based on discount factor 0.12 and assume no growth (positive or negative), letting g = 0, intrinsic value/ share  ~= 0.46.

Fair value / Target Price = ?? (You decide..)

 

SFGuyRuleZ's target price for now = 0.89.

Jacelin84's target price = 0.69.

Hawkeye's target price = 0.5

Market's target price = ????????

Cheers!!
 Useful To Me  Not Useful To Me
Peter_Pan
Supreme
29-Jul-2013 19:12     
 
Peter_Pan About Contact  Quote this Post! Style: Flexible   Mood: cool
Yells: "kopi-o siu dai mai hum!"
  x 0
  x 0

 Alert Admin 		Aiyo... bery huanny hor
 Useful To Me  Not Useful To Me
fu6790g
Member
29-Jul-2013 19:09     
 
fu6790g About Contact  Quote this Post! Style: Flexible   Mood: laugh
  x 0
  x 0

 Alert Admin 		stx pan ocean have lots of debt due to bad performance, they have already apply chapter 15 under US bankruptcy code, that is why from 6++ to now only 2 ++Good luck........................


Simpsons      ( Date: 29-Jul-2013 15:03) Posted:

Is stx po the former owner for vard? Noticed that their share price kept going up..
 Useful To Me  Not Useful To Me
Simpsons
Master
29-Jul-2013 15:58     
 
Simpsons About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Good one..lol
 Useful To Me  Not Useful To Me
                                                         First   < Newer   3361-3380 of 4989   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.