Chasen    Last:0.192    +0.005

Chasen holdings could be the next big multiplier

Annual report (page 57  CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME For the financial year ended 31 March 2025

Profit 33.23m for 2025 against loss of 6.5m for 2024

https://links.sgx.com/1.0.0/corporate-announcements/7DOTNKLTO0VUUF8A/0ae92c7e3727d4e949ca5299dfb72e58ff49279a2648acadb5b847939cc7f890

 

Not a good or right time Monday can get much cheaper

Newbie85      ( Date: 13-Jun-2025 12:44) Posted: Collected cheap Chasen.  for past records refer to my past posts.

 

Collected cheap Chasen. 

for past records refer to my past posts. 

 

More likely they find it better to keep debt in the company and hold cash - in case an dark knight comes along with a privatization/TKO offer. No dividend announcement fortifies this view. With a little over ~50% ownership by insiders - this can be an easy sell.

Trader-101      ( Date: 30-May-2025 12:29) Posted: It is likely to be a short-term loan used to bridge construction expenses. The classification as a current liability is clearly shown in their financial statements. This indicates that the loan for the logistics hub is expected to be repaid or refinanced within the next 12 months. Structuring it this way is strategic, especially given the expectation that the Federal Reserve may lower interest rates later this year, which could make refinancing more favourable. Chansenghoe1971      ( Date: 30-May-2025 11:54) Posted: Bank loans for building should be classified as long term liability and not current liability

 

Good
Anyway big contract coming

Trader-101      ( Date: 30-May-2025 12:29) Posted: It is likely to be a short-term loan used to bridge construction expenses. The classification as a current liability is clearly shown in their financial statements. This indicates that the loan for the logistics hub is expected to be repaid or refinanced within the next 12 months. Structuring it this way is strategic, especially given the expectation that the Federal Reserve may lower interest rates later this year, which could make refinancing more favourable. Chansenghoe1971      ( Date: 30-May-2025 11:54) Posted: Bank loans for building should be classified as long term liability and not current liability

 

It is likely to be a short-term loan used to bridge construction expenses. The classification as a current liability is clearly shown in their financial statements. This indicates that the loan for the logistics hub is expected to be repaid or refinanced within the next 12 months.

Structuring it this way is strategic, especially given the expectation that the Federal Reserve may lower interest rates later this year, which could make refinancing more favourable.

Chansenghoe1971      ( Date: 30-May-2025 11:54) Posted: Bank loans for building should be classified as long term liability and not current liability Trader-101      ( Date: 30-May-2025 11:43) Posted: Chasen appears to be turning the corner. FY2025 shows improving margins, positive cash flow, and a clear shift towards higher-value segments like Specialist Relocation. Revenue rose 21.5 percent and gross profit jumped 65 percent, while the group swung from a loss of 6.6 million in FY2024 to a net profit of 33.2 million - mainly from a one-off disposal gain. Operations are being streamlined. The sale of CZ Logistics removed a lower-margin segment, and the new Chasen Logistics Hub is set to drive future growth. Debt has increased but is supported by strong cash from the disposal. NAV per share rose from 15.1 to 21.7 cents. At around 25 million market cap, Chasen trades at just 0.32 times NAV and 0.78 times earnings. Even after adjusting for one-off items, valuation looks attractive. Further contract wins would be the icing on the cake.

 

Bank loans for building should be classified as long term liability and not current liability

Trader-101      ( Date: 30-May-2025 11:43) Posted: Chasen appears to be turning the corner. FY2025 shows improving margins, positive cash flow, and a clear shift towards higher-value segments like Specialist Relocation. Revenue rose 21.5 percent and gross profit jumped 65 percent, while the group swung from a loss of 6.6 million in FY2024 to a net profit of 33.2 million - mainly from a one-off disposal gain. Operations are being streamlined. The sale of CZ Logistics removed a lower-margin segment, and the new Chasen Logistics Hub is set to drive future growth. Debt has increased but is supported by strong cash from the disposal. NAV per share rose from 15.1 to 21.7 cents. At around 25 million market cap, Chasen trades at just 0.32 times NAV and 0.78 times earnings. Even after adjusting for one-off items, valuation looks attractive. Further contract wins would be the icing on the cake.

 

Chasen appears to be turning the corner. FY2025 shows improving margins, positive cash flow, and a clear shift towards higher-value segments like Specialist Relocation. Revenue rose 21.5 percent and gross profit jumped 65 percent, while the group swung from a loss of 6.6 million in FY2024 to a net profit of 33.2 million - mainly from a one-off disposal gain.

Operations are being streamlined. The sale of CZ Logistics removed a lower-margin segment, and the new Chasen Logistics Hub is set to drive future growth. Debt has increased but is supported by strong cash from the disposal. NAV per share rose from 15.1 to 21.7 cents.

At around 25 million market cap, Chasen trades at just 0.32 times NAV and 0.78 times earnings. Even after adjusting for one-off items, valuation looks attractive. Further contract wins would be the icing on the cake.

 

Should have contract news
Watch it

 

Sell on news? If not for the one off gain in disposal, it is still loss making. No dividend. Debt also high. Trade with care.

 

Say liao lor buy coffee money.

piscesmonkey      ( Date: 27-May-2025 15:54) Posted: Can say bye bye to 6series? piscesmonkey      ( Date: 27-May-2025 15:53) Posted: Dow chiong up high. And chasen later resukt out with big profits? Then 80 coming

 

Even 0.10 is a steal.
It is a joke to trade at this price
0.21 company profitable
Good potential.
Strong b s

piscesmonkey      ( Date: 30-May-2025 10:25) Posted: Going up liao Chansenghoe1971      ( Date: 30-May-2025 10:20) Posted: This is SGX. Welcome to SGX, World?s Best Stock Exchange under World Best Garment

 

Power up😂

 

Going up liao

Chansenghoe1971      ( Date: 30-May-2025 10:20) Posted: This is SGX. Welcome to SGX, World?s Best Stock Exchange under World Best Garment

 

This is SGX. Welcome to SGX, World?s Best Stock Exchange under World Best Garment

 

24/7 better😁

Jiyaji      ( Date: 30-May-2025 09:49) Posted: Haha! Maybe they should keep open it on Saturday ... Stocky901      ( Date: 30-May-2025 09:17) Posted: SGX got trading on Saturday? 🧐 🤨 🤔

 

$0.21 book price
Unleashing new page.

superstartup      ( Date: 30-May-2025 09:08) Posted: Less off profit from discontinued operation = Loss from operation So loss from daily ops See details. Company stated it too.

 

Haha! Maybe they should keep open it on Saturday ...

Stocky901      ( Date: 30-May-2025 09:17) Posted: SGX got trading on Saturday? 🧐 🤨 🤔 Jiyaji      ( Date: 30-May-2025 09:01) Posted: Would be surprised if it corsses $0.075 And deop back to current levels tomorrow. This is SG

 

SGX got trading on Saturday? 🧐 🤨 🤔

Jiyaji      ( Date: 30-May-2025 09:01) Posted: Would be surprised if it corsses $0.075 And deop back to current levels tomorrow. This is SGX piscesmonkey      ( Date: 30-May-2025 08:34) Posted: Very power result going up 10cents later?

 

Less off profit from discontinued operation = Loss from operation
So loss from daily ops

See details. Company stated it too.