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Adventus Holdings Ltd
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haruta
Elite |
03-Mar-2021 16:28
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Small fry only...
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AidenS
Member |
03-Mar-2021 16:12
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The company total assets valued increased to S$69M. Last year AGM reported that they dont have the intention to sell. This year AGM mentioned they have the intention to sell. Seem like they are ready to sell and found someone to sell to. Left with internal fittings only. Commondity business should also be around the corner base on the reaction from the price traded down due to whole market sediment but steady given a chance for others to buy at cheaper price. Just my analysis. |
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tankoksee
Supreme |
03-Mar-2021 14:46
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the next fj pattern?
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7ocean
Master |
02-Mar-2021 13:52
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Do not trust Bank TA | ||
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haruta
Elite |
02-Mar-2021 11:47
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Sad. Means eventually sliding back to 0.002. Regret didnt sell at 2c+ few months ago. Now live longer with the pain liao.
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peace.lehh
Veteran |
02-Mar-2021 11:16
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Another 2-3 years is possible. Both highly anticipated catalysts are gone for now and won' t happen miraculously within just one year. Singapore can vaccinate all 5+ million population within this year, yet LHL said we need 2 years before travel can normalise. Vietnam has 98 million population to vaccinate. Moreover, Vietnam has been overly strict on the control of Covid. It means that Vietnam won' t open their border to foreign tourists as early as Singapore, bad news for businesses especially hospitality. How long will it take for Vietnam to open their border to tourists then? 2-3 years? Won' t happen within one year' s time. From the latest Full Year Report: - Adventus has stopped the construction and procurement of their hotel fitting because Vietnam imposed a suspension of entry of all foreigners from 22 March 2020 until further notice. In such a situation, no one will purchase Adventus' s hotels anytime soon. - Loan repayment of Hoi An Resort will start in June 2021. No business yet has to repay loans, Adventus' s next few financial reports will be worse. - Current NAV is only $0.0073 and will drop lower in next few reports. Current price is double NAV. - No more mention of commodity business under " Other Business" , an obvious difference compared to last Half Year Report. Adventus needs to sell both assets before they proceed with commodity business, with both assets delayed for another couple of years, they have to scrap commodity business now. It' s a pity that Covid has caused such a huge impact on Adventus, it would have become one of the stars of 2020 if not for Covid.
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roastedpork
Member |
01-Mar-2021 16:48
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Improvement in the financial statement, but still an annual loss. However I must say, I expected a bigger and more loss actually during the whole of 2020 due to Covid. They got chance to turn it into profit in the next 6-12months. | ||
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Skwf69
Member |
01-Mar-2021 15:22
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May I know how is wilmar related to adventus
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Zhunzhun
Veteran |
01-Mar-2021 15:18
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Still the same! Slow death!
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newbie19
Supreme |
01-Mar-2021 14:32
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haruta
Elite |
28-Feb-2021 21:32
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6 months still not long enough la. Maybe need to wait another 6 years hor.
This is my 8th year holding this monkey. Until my broker also impatient wanna freeze my account liao. I very angry told broker dont touch my account else later wanna sell cant sell. Never earn comms from me for 8 years liao so trying to be funny now. :( |
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tankoksee
Supreme |
25-Feb-2021 23:32
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for 6 months liao.. wonder what the chairman is doing? when to restart the adventus resource pte ltd operation. or the north cardinal commodities pte ltd.. it seems liked ages ago hor.. 
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haruta
Elite |
25-Feb-2021 17:51
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Remember sell at 3c. Dont hold too long else become babysitter for years oh...
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tankoksee
Supreme |
25-Feb-2021 17:00
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needs pl to come on board for this fella to rocket..
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tankoksee
Supreme |
25-Feb-2021 10:52
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tourism will pick up soon n fast once covid19 vaccination progress to june 21 the commodity section of the co might so revive soon.. now mark time .. |
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roastedpork
Member |
23-Feb-2021 17:50
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Yup, Vietnam has dealt with the Covid19 spike in January. Lowered daily count since Jan' s spike. Will need time for the market to rebuild confidence. Outlook is very good. | ||
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AidenS
Member |
22-Feb-2021 16:40
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Coming soon.... be patient.... March/April.... either lao sai or shoot up..... 
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whylikethat
Veteran |
22-Feb-2021 13:01
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Still haven' t join in the fun........................ | ||
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tankoksee
Supreme |
22-Feb-2021 11:39
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coming soon.. OTOT........ 
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whylikethat
Veteran |
22-Feb-2021 09:18
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Still no action ??? | ||
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