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WL123456 Supreme	18-Feb-2019 16:10        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree with everything you posted except I think dividend should be between 6-7% based on adjusted net profit . josephyeo      ( Date: 15-Feb-2019 16:04) Posted: Some notes on Chasen:   1. Nta Current price of 8.3 cts is 55% below its nta of 18.2 cts   2. Dividend. Chasen had consistently declared dividend every year though dividend declared fluctuated w profits reported. Current dividend of 0.1 cts is the first time company declared dividend on 3rd quarter result. Going forward, current dividends should not be less than 0.4 cts which will give a dividend yield of around 5%.   3. Profits Current 3rd quarter profits is a series of 11 straigth quarters of profits The 9MFY19 profit of $4.1 million was its highest in seven years.   4. price earning ratio Company is capitalised at S$32.1 mil (387,027,000 shares x 8.3cts) With 3rd quarter profits of S$4.1 and a trailing profit of S$6.5 mil, the p/e for full year is around 4.9 X.   For a Singapore based company w improving top n bottom line, trading at 55% below its nta and having a dividend yield of around 5%, I think the company is grossly under valued.   Expressed above are just my views n i could be wrong. Pls dyodd.
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shyeo1223 Master	18-Feb-2019 15:37        shyeo1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, you are really spot-on!  This is really a one day wonder share. linsong88      ( Date: 15-Feb-2019 12:55) Posted: I only know.. base on past 2 years trend ... 1 day hype on report release ... then back to 7x range... then please continue wait until next report release again...  NAV how high also seems useless...  Nokita      ( Date: 15-Feb-2019 10:41) Posted: To the long time believers, what you reckon is fair price of Chasen? Say 8x PE which is about 13 cents????
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josephyeo Elite	15-Feb-2019 16:04        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Some notes on Chasen:   1. Nta Current price of 8.3 cts is 55% below its nta of 18.2 cts   2. Dividend. Chasen had consistently declared dividend every year though dividend declared fluctuated w profits reported. Current dividend of 0.1 cts is the first time company declared dividend on 3rd quarter result. Going forward, current dividends should not be less than 0.4 cts which will give a dividend yield of around 5%.   3. Profits Current 3rd quarter profits is a series of 11 straigth quarters of profits The 9MFY19 profit of $4.1 million was its highest in seven years.   4. price earning ratio Company is capitalised at S$32.1 mil (387,027,000 shares x 8.3cts) With 3rd quarter profits of S$4.1 and a trailing profit of S$6.5 mil, the p/e for full year is around 4.9 X.   For a Singapore based company w improving top n bottom line, trading at 55% below its nta and having a dividend yield of around 5%, I think the company is grossly under valued.   Expressed above are just my views n i could be wrong. Pls dyodd.
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WL123456 Supreme	15-Feb-2019 13:15        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe it?s at least $0.15 to $0.18 range . This company is profitable and has been dishing out dividend on a regular basis . NAV is now recalculated as profit is now at a higher number . Nokita      ( Date: 15-Feb-2019 10:41) Posted: To the long time believers, what you reckon is fair price of Chasen? Say 8x PE which is about 13 cents????
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linsong88 Senior	15-Feb-2019 12:55        linsong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I only know.. base on past 2 years trend ... 1 day hype on report release ... then back to 7x range... then please continue wait until next report release again...  NAV how high also seems useless...  Nokita      ( Date: 15-Feb-2019 10:41) Posted: To the long time believers, what you reckon is fair price of Chasen? Say 8x PE which is about 13 cents????
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Nokita Senior	15-Feb-2019 10:41        Nokita About Contact  Quote this Post!
x 0   x 0  Alert Admin	To the long time believers, what you reckon is fair price of Chasen? Say 8x PE which is about 13 cents????
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WL123456 Supreme	14-Feb-2019 15:39        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.nextinsight.net/story-archive-mainmenu-60/942-2019/12703-chasen-holdings-9mfy19-profit-surges-34-to-4-1-m Trading at a huge discount . This stock got chance to be multi bagger . Those are are undecided can hold first . Second and higher dividend is coming .
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josephyeo Elite	14-Feb-2019 14:48        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Interesting article on Chasen. See below: https://www.nextinsight.net/story-archive-...
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WL123456 Supreme	14-Feb-2019 10:07        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As predicted, business getting better for chasen. I expect the dividend to get better in 2019 and indeed it is . Just declared dividend for 3Q. WL123456      ( Date: 23-Nov-2018 10:29) Posted: There?s a one off $4mil gain on disposal of investment being just announced :). Looks like next year dividend gonna get better . With Donald trump still gonna be the president , Chanel will get more relocation projects . While the rest of the world is hurting , chasen is thriving . It?s a good hedge against Trump in my opinion . josephyeo      ( Date: 15-Nov-2018 11:24) Posted: Chasen profits up 64.2%. See below:   Chasen ............... HY' 18 ............ HY' 19 ........... Difference ... In % revenue 60990 64713 3723.0 6.1 net profit 1706 2802 1096.0 64.2 Profits could be higher if the one-off expense of S$1.5 mil is taken in. This one-off expense is for professional fees.
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linsong88 Senior	14-Feb-2019 09:13        linsong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	not to be a show stopper ... but as a ex chasen holder ....  normally the hype only stays 1 or 2 days then no more volume ... stil....... good luck to you guys!! cheers...
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dollarsense Veteran	14-Feb-2019 09:08        dollarsense About Contact  Quote this Post!
x 0   x 0  Alert Admin	please wake up properly this time
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halleluyah Supreme	14-Feb-2019 09:08        halleluyah About Contact  Quote this Post!
x 0   x 0  Alert Admin	still holding to my loooong...............
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josephyeo Elite	11-Feb-2019 11:11        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Last year 3rd quarter result was out on 12 Feb 2018. josephyeo      ( Date: 15-Nov-2018 11:24) Posted: Chasen profits up 64.2%. See below:   Chasen ............... HY' 18 ............ HY' 19 ........... Difference ... In % revenue 60990 64713 3723.0 6.1 net profit 1706 2802 1096.0 64.2 Profits could be higher if the one-off expense of S$1.5 mil is taken in. This one-off expense is for professional fees.
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WL123456 Supreme	23-Nov-2018 10:29        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There?s a one off $4mil gain on disposal of investment being just announced :). Looks like next year dividend gonna get better . With Donald trump still gonna be the president , Chanel will get more relocation projects . While the rest of the world is hurting , chasen is thriving . It?s a good hedge against Trump in my opinion . josephyeo      ( Date: 15-Nov-2018 11:24) Posted: Chasen profits up 64.2%. See below:   Chasen ............... HY' 18 ............ HY' 19 ........... Difference ... In % revenue 60990 64713 3723.0 6.1 net profit 1706 2802 1096.0 64.2 Profits could be higher if the one-off expense of S$1.5 mil is taken in. This one-off expense is for professional fees.
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josephyeo Elite	15-Nov-2018 11:24        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Chasen profits up 64.2%. See below:   Chasen ............... HY' 18 ............ HY' 19 ........... Difference ... In % revenue 60990 64713 3723.0 6.1 net profit 1706 2802 1096.0 64.2 Profits could be higher if the one-off expense of S$1.5 mil is taken in. This one-off expense is for professional fees.
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WL123456 Supreme	14-Nov-2018 09:13        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Will be accumulating more of this . One day , this company shares will explode upwards . Meanwhile I just enjoy the dividend . Thanks JY for your posting and sharing it .
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josephyeo Elite	14-Nov-2018 01:10        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Next quarter is likely to be even better as there will be an absence of a one-off fee of S$1.5 mil for professional services. This one-off fee was taken in, in current quarter which otherwise would have shown a further improvement of S$1.5 mil. josephyeo      ( Date: 14-Nov-2018 01:02) Posted: Some figures on Chasen Holding:   Chasen ........... HY' 18 ............... HY' 19 ............... In % revenue 60990 64713 6.1 net profit 1706 2802 64.2 Nta ... 17.8 cts Trailing p/e ... 5X Divdend yield ... 4.1% Price history ... 52 weeks range - 6.0 cts to 8.9 cts ...................... 2 year range - 2.7 cts to 14.3 cts ...................... 5 year range - 1.9 cts to 19.3 cts Capitalisation ... S$28.6 mil Management comments ... positive Above are for info only. Dyodd.
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josephyeo Elite	14-Nov-2018 01:02        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Some figures on Chasen Holding:   Chasen ........... HY' 18 ............... HY' 19 ............... In % revenue 60990 64713 6.1 net profit 1706 2802 64.2 Nta ... 17.8 cts Trailing p/e ... 5X Divdend yield ... 4.1% Price history ... 52 weeks range - 6.0 cts to 8.9 cts ...................... 2 year range - 2.7 cts to 14.3 cts ...................... 5 year range - 1.9 cts to 19.3 cts Capitalisation ... S$28.6 mil Management comments ... positive Above are for info only. Dyodd.
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josephyeo Elite	13-Nov-2018 13:32        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	1st half profit up by 64% against last year.
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josephyeo Elite	13-Nov-2018 13:07        josephyeo About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Singapore, 13 November 2018 &ndash Chasen Holdings Limited (&ldquo Chasen&rdquo ) has delivered its 10th consecutive quarterly net profit, bolstered yet again by its specialist relocation arm, which moves sophisticated machinery for manufacturers and fits out production plants.   Net profit attributable to shareholders for its second quarter ended 30 September 2018 (&ldquo 2Q FY2019&rdquo ) rose 38% from the same period last year (&ldquo 2Q FY2018&rdquo ) to S$1.3 million. Fully diluted earnings per share increased to 0.34 Singapore cent from 0.25 Singapore cent. Excluding a one-off professional fee paid for services rendered prior to the financial period under review, the net profit attributable to shareholders would have increased to $1.5 million (or by 64%).   The improvement came on the back of an 11% rise in revenue to S$33.2 million, with the specialist relocation business driving much of the top-line growth. This in turn lifted Chasen&rsquo s gross profit by 14% to S$8.2 million, the highest since its financial fourth quarter ended 31 March 2017. Gross profit margin edged up to 25% in 2Q FY2019 from 24% in 2Q FY2018.   Revenue for 1H FY2019 increased 6% to S$64.7 million. With the contributions from 2Q FY2019, Chasen&rsquo s earnings attributable to shareholders for the first six months of its current financial year (&ldquo 1H FY2019&rdquo ) rose 64% from the same period a year earlier to S$2.8 million.   Chasen expects to sustain its growth momentum in the quarters ahead as it recognises contributions from several new projects. Since the start of its current financial year in April, it has secured nearly S$60 million worth of new projects. These include specialist relocation projects in China and South East Asia warehousing and cross-border trucking assignments for its third-party logistics business segment as well as projects in Singapore and China requiring its technical and engineering services.   In seeking to further expand its specialist relocation business in China, Chasen recently completed construction of its first phase 110,000-sq ft warehouse cum office and worker quarters facility in Chuzhou in Anhui province. The property is already in use and the warehouse would be fully occupied for the next two years. Plans are afoot to develop the remaining land to provide cleanroom facilities to enable original equipment manufacturers to refurbish equipment for their PRC clients as well as to cater to a developing secondary market. The new facility would also enable the PRC subsidiary to develop additional revenue stream to complement its specialist relocation capability.   Chasen also expects its third-party logistics arm as well as technical and engineering services division to gain traction as they continue to pursue new opportunities for growth in China and Southeast Asia.   &ldquo We have a steady stream of projects in Asia and the United States that will keep us busy beyond the current financial year and give us a fair degree of earnings visibility,&rdquo said Mr Low Weng Fatt, Chasen&rsquo s Managing Director and CEO. &ldquo Even as we continue to seek more work for all our three business segments, we are actively exploring certain corporate actions to unlock value for shareholders. We will have more information to share in 2019.&rdquo - End - Above is an extract of the press release by Chasen josephyeo      ( Date: 13-Nov-2018 12:44) Posted: Chasen Holdings&rsquo Net Profit up 38% in 2Q FY2019 For more details ... see the company' s financial annoucement today.
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