Back

Latest Forum Topics / LHN    Last:0.57    -0.005

Post Reply

LHN IPO - first ipo for the year should do well Post Reply Rate topic
hschsc Master	16-Nov-2023 14:14        hschsc About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Invest in financially healthy companies"
x 1   x 0  Alert Admin	from L& T research :The board of directors of LHN Ltd ($0.325, down 0.005) wishes to inform the shareholders and potential investors of the Company that, following the preliminary assessment of the Group&rsquo s unaudited financial results for the financial year ended 30 September 2023 (&ldquo FY2023&rdquo ) and based on information currently available, the Group expects to record a lower net profit before tax from continuing operations plus profit from discontinued operations (net of tax) (&ldquo Profits&rdquo ) for FY2023 of no less than approximately S$40 million as compared to the financial year ended 30 September 2022 (&ldquo FY2022&rdquo ) of approximately S$52.5 million. The lower Profits for FY2023 arises mainly from the Space Optimisation Business due to estimated net fair value loss on the Group&rsquo s investment properties and joint ventures&rsquo investment properties in FY2023 as compared to net fair value gain in FY2022, which will be partially offset by one-off gains of approximately S$26 million from (i) disposal of an associate (Getgo Technologies Pte. Ltd.) and (ii) disposal of the Group&rsquo s 84.05% shareholding interest in its non-wholly owned subsidiary, LHN Logistics Limited, through the acceptance of the voluntary conditional general offer, and will be included in profit from discontinued operations (net of tax). According to Straits Times, the guidance was voluntary and in keeping with the Hong Kong stock exchange requirements, where LHN has a dual listing. But without vetting the numbers, reading the guidance in its entirety, or doing their sums properly, market players here scrambled for the door, pushing the stock down from around 33 cents yesterday to about 31 cents at its low. The stock closed the day at 32.5 cents. Should investors have panicked? No, and here&rsquo s why according to Straits Times. Established by founder Kelvin Lim some 30 years ago, LHN is a formidable force in the realm of real estate, especially in co-living and space optimisation. Combining a blend of innovation, financial acumen and commitment to quality, the company has been able to identify and capitalise on lucrative opportunities within the real estate landscape, ranging from commercial spaces to residential developments. Best known for its Coliwoo co-living apartments, the company is also into carpark management and integrated facilities management. Space optimisation has been its forte: It converts underutilised or vacant spaces into functional and productive environments, thereby maximising their potential. The most exciting is its co-living business, which refers to a modern form of &ldquo group housing&rdquo where residents &ndash students, young couples, expatriate executives &ndash share some communal space for socialising or shared amenities such as laundry, gym and pool. Some smaller co-living set-ups also have communal kitchens. This concept has gained popularity in recent years, especially among the younger set, due largely to the rising costs of housing, urbanisation and changing lifestyle preferences. It has become increasingly common in major cities such as London and New York, where shortages of apartments and skyrocketing rents are the norm. LHN&rsquo s Coliwoo is now the biggest operator in the Singapore co-living space, with 17 locations. It also has four more locations hosting its Soho brand. The company controls 2,064 keys, with occupancy at above 90 per cent and rentals averaging between $2,200 and $3,500 a month. Analysts reckon that given the shortage of decent accommodation in Singapore, the upside on these rentals is enormous. In addition, LHN manages an industrial portfolio comprising 16 properties with around 2.3 million sq ft of space, including businessto-business facilities and self-storage complexes in seven locations. The company paid a higher interim dividend of one cent for the first half ending March 31. Given the $26 million gains from the disposal of its two business units and over $40 million in full-year net profit, one can reasonably expect LHN to pay an even more generous year-end dividend (three or four cents perhaps?). Following the sell-down on Wednesday, the stock is trading at a price-to-earnings multiple of under 3.7 times, compared with an average of 18 times for listed property stocks here and 15 times for S-Reits. Meanwhile, LHN&rsquo s market capitalisation stands at under $130 million and net asset per share is almost 49 cents. Every analyst who has written about the company reckons it is worth at least 50 cents. We agree with Straits Times view and believe the sell-down could present an opportunity to &ldquo Accumulate&rdquo LHN given its undemanding valuations and attractive div yields. &ldquo Accumulate on Weakness&rdquo .
Useful To Me  Not Useful To Me
superstartup Supreme	16-Nov-2023 14:06        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	We agree with Straits Times view and believe the sell-down could present an opportunity to &ldquo Accumulate&rdquo LHN given its undemanding valuations and attractive div yields. &ldquo Accumulate on Weakness&rdquo . Lim & Tan already came out and said the above Up listing to main board coming too   superstartup      ( Date: 15-Nov-2023 16:37) Posted: All in, FY profit no less than $40m OS 409m All in full FY earnings still have 9.8c based on above 1H NAV already at 48.7c BTW, 1H also issued profit warning, but share price eventually hit 40c
Useful To Me  Not Useful To Me
HuatAh7898 Supreme	16-Nov-2023 14:04        HuatAh7898 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Price start to move a bit Huat ah!
Useful To Me  Not Useful To Me
bart69 Member	16-Nov-2023 13:52        bart69 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I almost panic sell  tccroy      ( Date: 15-Nov-2023 16:56) Posted: Those who panicked sold this morning will regret superstartup      ( Date: 15-Nov-2023 16:46) Posted: Watch out for their recurring income too when result announce
Useful To Me  Not Useful To Me
Warrenz Member	16-Nov-2023 13:48        Warrenz About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hit 0.34... chart break 0.34 and going uptrend
Useful To Me  Not Useful To Me
tccroy Elite	16-Nov-2023 10:58        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next dividends payout should be February next year
Useful To Me  Not Useful To Me
tccroy Elite	16-Nov-2023 10:42        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually I loaded at 31.5 yesterday but not much. Only 15,000 shares. wooncs8870      ( Date: 16-Nov-2023 10:30) Posted: Yes, let' s aim for $0.50 and above, else will not sell. Hoping for BBs to come in and push up the share price. The activities in the past few months have been laclustre and few players come in to punt on this counter. Now the outlook is looking better, shall we encourage more players to punt on this counter to boost up the morale?  tccroy      ( Date: 16-Nov-2023 09:34) Posted: I do not think I will let go at this price. My TP is much higher
Useful To Me  Not Useful To Me
wooncs8870 Veteran	16-Nov-2023 10:30        wooncs8870 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, let' s aim for $0.50 and above, else will not sell. Hoping for BBs to come in and push up the share price. The activities in the past few months have been laclustre and few players come in to punt on this counter. Now the outlook is looking better, shall we encourage more players to punt on this counter to boost up the morale?  tccroy      ( Date: 16-Nov-2023 09:34) Posted: I do not think I will let go at this price. My TP is much higher hschsc      ( Date: 16-Nov-2023 09:13) Posted: LHN target on $0.38 before the meeting on 23th Nov.
Useful To Me  Not Useful To Me
tccroy Elite	16-Nov-2023 09:34        tccroy About Contact  Quote this Post!
x 0   x 2  Alert Admin	I do not think I will let go at this price. My TP is much higher hschsc      ( Date: 16-Nov-2023 09:13) Posted: LHN target on $0.38 before the meeting on 23th Nov.
Useful To Me  Not Useful To Me
superstartup Supreme	16-Nov-2023 09:20        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Oh ya Up listing already approved by SGX Now pending EGM approval on 23 Nov, and then here we go And the approval of up listing is one of the re-rating catalysts cited by almost all Analysts   hschsc      ( Date: 16-Nov-2023 09:13) Posted: LHN target on $0.38 before the meeting on 23th Nov.
Useful To Me  Not Useful To Me
superstartup Supreme	16-Nov-2023 09:14        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Yesterday tio-ed flushed out Same playbook by company Now heading back above 40 this time round? After result announcement and Analysts update, hopefully go much higher
Useful To Me  Not Useful To Me
hschsc Master	16-Nov-2023 09:13        hschsc About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Invest in financially healthy companies"
x 0   x 0  Alert Admin	LHN target on $0.38 before the meeting on 23th Nov.
Useful To Me  Not Useful To Me
wooncs8870 Veteran	15-Nov-2023 17:31        wooncs8870 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Do not panic in the face of adversity, else you will regret. Always be calm in all situations especially this LHN counter is generating profit and is expected to do better than expected. Be fearful when many people come in but be greedy when no one comes in. Today is one of the better time to acquire more LHN shares as the noises generated will scare away those contra players and not those who can pick up the shares. Just my 5 cents worth of opinion and dydd.
Useful To Me  Not Useful To Me
tccroy Elite	15-Nov-2023 16:56        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Those who panicked sold this morning will regret superstartup      ( Date: 15-Nov-2023 16:46) Posted: Watch out for their recurring income too when result announced superstartup      ( Date: 15-Nov-2023 16:37) Posted: All in, FY profit no less than $40m OS 409m All in full FY earnings still have 9.8c based on above 1H NAV already at 48.7c BTW, 1H also issued profit warning, but share price eventually hit 40c
Useful To Me  Not Useful To Me
superstartup Supreme	15-Nov-2023 16:55        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Flushed out some holders Price back up looking strong
Useful To Me  Not Useful To Me
superstartup Supreme	15-Nov-2023 16:46        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Watch out for their recurring income too when result announced superstartup      ( Date: 15-Nov-2023 16:37) Posted: All in, FY profit no less than $40m OS 409m All in full FY earnings still have 9.8c based on above 1H NAV already at 48.7c BTW, 1H also issued profit warning, but share price eventually hit 40c
Useful To Me  Not Useful To Me
superstartup Supreme	15-Nov-2023 16:37        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	All in, FY profit no less than $40m OS 409m All in full FY earnings still have 9.8c based on above 1H NAV already at 48.7c BTW, 1H also issued profit warning, but share price eventually hit 40c
Useful To Me  Not Useful To Me
tccroy Elite	15-Nov-2023 15:59        tccroy About Contact  Quote this Post!
x 0   x 0  Alert Admin	If I'm not wrong, the 2 properties acquired not long ago and still undergoing renovation and therefore have yet to generate income. hschsc      ( Date: 15-Nov-2023 15:32) Posted: Could it because of buying two properties (Rangoon Road and River Valley ),so the profit cut down.
Useful To Me  Not Useful To Me
hschsc Master	15-Nov-2023 15:32        hschsc About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Invest in financially healthy companies"
x 0   x 0  Alert Admin	Could it because of buying two properties (Rangoon Road and River Valley ),so the profit cut down.
Useful To Me  Not Useful To Me
wooncs8870 Veteran	15-Nov-2023 12:51        wooncs8870 About Contact  Quote this Post!
x 2   x 0  Alert Admin	In shares trading, expect the unexpected as you think the profit guidance is pulling down the share price but who knows all of a sudden turn of events, the share prices might u-turn unexpectedly. For those who think the prices are trending down with no end in sight, someone might just come in to push up the price. At current prices, you can buy and keep for long term as the fundamental is good and the business revenue is going to be good. For contra players it is not worth to punt on this counter unless you got money to pick up, else don' t touch. HuatAh7898      ( Date: 15-Nov-2023 11:32) Posted: result is really disappointing What else remain for this counter to chiong ah?
Useful To Me  Not Useful To Me

                                                         First   < Newer   441-460 of 1716   Older>   Last