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Eps 33c nav 61c....share price only 25c

ah i see... ok i learnt something new today! Thanks!

nqing87      ( Date: 26-Jul-2017 18:13) Posted: There's a saying "cash is king".. nav may not be that accurate indicator to see if a counter is undervalue.. if u observe, there are tonnes of counters trading far below nav and continue to be in this way.. such as counters in the property sector and oil/gas.. the assets can sometimes be re-value, such as cases in oil/gas sector where many counters have to do write-off and provisions and the nav drop.. and the assets may not be actually liquidable when it comes to the case where u need money for cash flow.. look at swiber and some oil/gas counters that declare chp 11.. their nav is high, but whether they can turn this assets into cash to repay debt is another thing.. but cash is cash.. so normally the share price will eventually move accordingly to the amt of cash sitting.. the only counter which i see so far which share price is trading much below cash sitting for prolong period is creative.. but creative is a special case i think cos it keeps making losses and market is factoring in future performancr into the share price.. if u also observe, there are counters such as the telecom sector which is trading way above its nav.. companies that run on light asset model will also be facing low nav.. so nav can only be just a rough guide.. have to look at many other factors such as p/e ratio (present/future), debt, cash sitting, sector sentiment, dividend etc.. seesong89      ( Date: 26-Jul-2017 11:15) Posted: i see alot people in this topic only considering about the cash sitting , but not including asset value wise. just curious why so

 

Those who have not bought in, but thinking of getting in, the entry price is very important.

Just look at what happened to M1 and UEL.

For Chew' s, if the offer did come about, it should not be so fast, perhaps in terms of months. During this period, there' ll be a lull period whereby every holders will be wondering what' s happening, and that is the time the price will dip. Unless the directors are very quick in updateing or if the deal happens in double quick time. Otherwise, wait for price to dip. Currently, it is still hot, fresh from the " offer" announcement. Also, note, the deal may not eventually happen. So, there' s still a risk.

Then again, if you ask me, I still think it' s a good bet. Always do for those companies with possible " offer" by intersted parties. Just hope you guys time your entry well.

 

There's a saying "cash is king".. nav may not be that accurate indicator to see if a counter is undervalue.. if u observe, there are tonnes of counters trading far below nav and continue to be in this way.. such as counters in the property sector and oil/gas.. the assets can sometimes be re-value, such as cases in oil/gas sector where many counters have to do write-off and provisions and the nav drop.. and the assets may not be actually liquidable when it comes to the case where u need money for cash flow.. look at swiber and some oil/gas counters that declare chp 11.. their nav is high, but whether they can turn this assets into cash to repay debt is another thing.. but cash is cash.. so normally the share price will eventually move accordingly to the amt of cash sitting.. the only counter which i see so far which share price is trading much below cash sitting for prolong period is creative.. but creative is a special case i think cos it keeps making losses and market is factoring in future performancr into the share price.. if u also observe, there are counters such as the telecom sector which is trading way above its nav.. companies that run on light asset model will also be facing low nav.. so nav can only be just a rough guide.. have to look at many other factors such as p/e ratio (present/future), debt, cash sitting, sector sentiment, dividend etc..

seesong89      ( Date: 26-Jul-2017 11:15) Posted: i see alot people in this topic only considering about the cash sitting , but not including asset value wise. just curious why so? nqing87      ( Date: 26-Jul-2017 10:56) Posted: Please take note that they recently had a huge gain in disposing assets.. this is one off gain and wont keep happening.. have to look their historical eps also.. their cash sitting is abt 50 cents and so the share price have been steadily going up over past few mths to catch up with the fair valu

 

tempted to buy more...

 

not to worry brother spangle you can still buy back if you sold earlier due to your miscalculations. google finance, yahoo finance, investing.com, SGX all show the PE as 1.72 buy now and hold tight as in the next 3 months ot will cross 1 dollar good luck to you

spangle      ( Date: 26-Jul-2017 11:23) Posted: See this. Omg man, .. Mogambo. spangle      ( Date: 21-Jul-2017 22:28) Posted: Freak u mislead me. Not correct. U took FY16 profit right on share price of around 47-50cents right?  FY16 net profit was 28m which included a one off of disposal of land use rights. adjusting for that, net profit should be lower. your Low PE of 1.38 is misleading.  With new 1h17 net profit of 2m, we estimate for full year of say 4.5m, assuming 2h17 has higher growth, this will mean only 4.5m/85m = 0.05 eps. translating to PE of 0.57/0.05 of around 10-12x so, I don' t agree w u. Yes u took numbers from sgx, but I don' t think the stock is that cheap

 

See this. Omg man, .. Mogambo.

spangle      ( Date: 21-Jul-2017 22:28) Posted: Freak u mislead me. Not correct. U took FY16 profit right on share price of around 47-50cents right?  FY16 net profit was 28m which included a one off of disposal of land use rights. adjusting for that, net profit should be lower. your Low PE of 1.38 is misleading.  With new 1h17 net profit of 2m, we estimate for full year of say 4.5m, assuming 2h17 has higher growth, this will mean only 4.5m/85m = 0.05 eps. translating to PE of 0.57/0.05 of around 10-12x so, I don' t agree w u. Yes u took numbers from sgx, but I don' t think the stock is that cheap. mogambo      ( Date: 21-Jul-2017 21:34) Posted: bro Spangle ,  I have not plucked the numbers from the Air , it is all available on SGX site, and I have double checked and verfied it is true.      Whether it is tangible or intangible assets its all audited  . ha ha ha no joke. cheers

 

Stop misleading people leh. PE 1.75x is due to one off earnings from gain on disposal of assets. I have alr explained this before.

mogambo      ( Date: 26-Jul-2017 10:14) Posted: keep PE is only 1.75 you will get 3 dollars within a years time Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

i see alot people in this topic only considering about the cash sitting , but not including asset value wise. just curious why so?

nqing87      ( Date: 26-Jul-2017 10:56) Posted: Please take note that they recently had a huge gain in disposing assets.. this is one off gain and wont keep happening.. have to look their historical eps also.. their cash sitting is abt 50 cents and so the share price have been steadily going up over past few mths to catch up with the fair value mogambo      ( Date: 26-Jul-2017 10:14) Posted: keep PE is only 1.75 you will get 3 dollars within a years tim

 

I would suggest keep also if u have got it earlier.. cos the cash sitting there is massive and in the event of small chance of takeover, it wont make sense for offerror to offer a price below the cash sitting there

Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

Please take note that they recently had a huge gain in disposing assets.. this is one off gain and wont keep happening.. have to look their historical eps also.. their cash sitting is abt 50 cents and so the share price have been steadily going up over past few mths to catch up with the fair value

mogambo      ( Date: 26-Jul-2017 10:14) Posted: keep PE is only 1.75 you will get 3 dollars within a years time Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

tks. but $3 dollars????? can' t image it

mogambo      ( Date: 26-Jul-2017 10:14) Posted: keep PE is only 1.75 you will get 3 dollars within a years time Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

ok, tks

rachellee      ( Date: 26-Jul-2017 10:09) Posted: Keep first. price will go up if takeover offer occurs Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

i am keeping this for long term.....

 

keep PE is only 1.75 you will get 3 dollars within a years time

Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

Not sure the exact premium this is likely to be taken over for. Might end up in a situation of United engineers.

Not easy to unlock value for e main shareholders, this is a gd opportunity for them to convert these into cash. 

 

Keep first.
price will go up if takeover offer occurs

Berlinda      ( Date: 26-Jul-2017 10:06) Posted: what should i do? sell or keep😓

 

what should i do? sell or keep😓

 

Many thanks.😊

rachellee      ( Date: 25-Jul-2017 23:56) Posted: Do Your Own Due Diligence Berlinda      ( Date: 25-Jul-2017 23:54) Posted: what's the meaning of "DYODD"? Thanks for your news link

 

Do Your Own Due Diligence

Berlinda      ( Date: 25-Jul-2017 23:54) Posted: what's the meaning of "DYODD"? Thanks for your news link. Integrity      ( Date: 25-Jul-2017 23:35) Posted: News out on potential offer. DYOD

 

Tks a lot😄

TigTig      ( Date: 25-Jul-2017 23:30) Posted: Sis, think he may be referring to the news here: http://www.businesstimes.com.sg/companies-markets/chews-group-controlling-shareholder-in-talks-over-possible-share-transaction Berlinda      ( Date: 25-Jul-2017 23:08) Posted: how can be so sure