| Latest Forum Topics / Nordic Last:0.555 -- |
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Nordic Group - Multibagger GEM?
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hardwired
Senior |
04-Jan-2017 10:22
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Slowly but steadily inching up. Very nice. |
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gavin211
Member |
25-Nov-2016 11:57
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wah john upgrade liao. no more super penny stocks
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johnng
Supreme |
25-Nov-2016 11:33
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read nextinight news...BOSS say some funds want to buy them out.. http://nextinsight.net/story-archive-mainmenu-60/938-2016/11154-nordic-group-profit-up-23-to-s-8-9-m-in-9m2016 |
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FreedomAngelz
Veteran |
11-Nov-2016 21:20
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hope one day it can go above $0.3 |
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Lugi71
Veteran |
11-Nov-2016 20:50
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Indeed. Steady boon pipi
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hardwired
Senior |
11-Nov-2016 18:57
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Nice set of results. Shows the coy is well managed and very stable despite the sector' s turbulence. Well done. |
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HVRRVH
Elite |
10-Nov-2016 19:28
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Tomorrow is 3Q results (after market closed). From this news release and today's price movement, results should be positive.
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FreedomAngelz
Veteran |
10-Nov-2016 18:48
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Nordic Group Limited (&ldquo Nordic&rdquo ) is pleased to announce that its wholly-owned subsidiaries, Nordic Flow Control Pte. Ltd. (&ldquo NFC&rdquo ), Austin Energy (Asia) Pte Ltd (&ldquo AEA&rdquo ) and Austin Energy Offshore Pte Ltd (&ldquo AEO&rdquo ) have recently clinched several contracts with a total value of approximately S$2.6 million. The contracts are secured with repeat customers &ndash comprising multinational companies (&ldquo MNCs&rdquo ) and companies in the marine, oil & gas and process industries.  |
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gavin211
Member |
08-Nov-2016 16:02
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why this one small movement still go down |
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Lugi71
Veteran |
06-Nov-2016 10:40
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3Q results will be announced in at the end of trading 11 Nov, Fri  |
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hardwired
Senior |
27-Oct-2016 19:09
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I think the sector is very weak and punters are just taking a cautious stance. If the coy  can chalk up nice set of numbers in the forthcoming quarters, sentiments may change. I' m afraid in the current state of the O& G sector, Nordic will be under appreciated. Nontheless, I find the buy-backs of the coy reassuring and the valuation of the coy rather attractive.  
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Lugi71
Veteran |
27-Oct-2016 14:28
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Management has started buying back shares again in the last 2 days @ 0.215. Hands very itchy thinking of accumulating again.. |
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desmondquek
Senior |
22-Oct-2016 22:09
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Noticed it has been drifting down from high of 26cents, anyone know any issues? |
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hardwired
Senior |
10-Oct-2016 18:53
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While O& G stocks like Ezion, Noble, Nam Cheong, etc have been surging euphorically thanks to the stronger oil prices, Nordic and CSE Global, two very solid and resilent coys in the same sector, have been largely ignored by the market. Nordic continues to do regular share buy-back up to Oct 4 and it' s PE and P/B have fallen to attractive levels of 7.6 and 1.44 resp. The coy also won $4.8m of new orders in Sept. All the indicators look good for this coy and I couldn' t resist buying more of the stock at 22c and 22.5c. Fingers crossed |
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HVRRVH
Elite |
25-Sep-2016 14:00
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Tempted to sell when it hit 24 cents and then 28 cents but decided against it. I have my reasons not to do so   Now I observed that the price hit 22 cents and bounced strongly to hit 23.5 cents. FCF is key so that 40% of profit can be paid out as dividend with remaining use for repaying debt. FCF with more acquisation in store allow me to have the confidence to hold the stock for long long time to come. Of coruse must be accopanied by regular dividends
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Lugi71
Veteran |
25-Sep-2016 13:32
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Sold half of holdings a while back and now price seem attractive to get in. Waiting to see next Q results. My concern is that the order book has deteriorated quite a bit. Let' s see if the management can pull a rabbit out the hat and acquire a distressed company to further diversify their earnings base. I am confident that they will be able to manage their costs well, just as long as they don' t cut the dividends. 
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HVRRVH
Elite |
22-Sep-2016 10:29
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Debt level a bit high but I have recognised it as part of expansion cost. Most importantly they have proven its ability to generate FCF q after q. Vested.
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HVRRVH
Elite |
22-Sep-2016 10:27
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It appear so. I will still queue at 20.5 cents. May be able to capitalise on weak sentiment. People may have to sell even knowing this is a good stock if they have to liquidate to cover other positions. If it doesn't happen I am happy to just hold st current level.
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hardwired
Senior |
22-Sep-2016 07:14
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This stock is ridiculously undervalued just because it is in a troubled sector. I hope it goes down further so that I can buy more. Great chance to acc. |
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think2profit
Master |
21-Sep-2016 23:43
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22.5c may be the bottom?
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  Now I observed that the price hit 22 cents and bounced strongly to hit 23.5 cents. FCF is key so that 40% of profit can be paid out as dividend with remaining use for repaying debt. FCF with more acquisation in store allow me to have the confidence to hold the stock for long long time to come. Of coruse must be accopanied by regular dividends