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Running again
:)
:)
Can buy?
2nd round.....
Sj Investors always so interesting. When I sounded out buy when price was 0.09s, no one listened. When it rang to 0.11s, people asked me can buy or not.
Winlost ( Date: 10-Oct-2017 09:33) Posted:
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still can enter? any tp for today?
Shifu8888 ( Date: 10-Oct-2017 09:16) Posted:
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BRAvo.....turbo...
which cambodia deal?
Shifu8888 ( Date: 09-Oct-2017 17:09) Posted:
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Sure move. After Cambodia deal done, easily 15. Hope they declare 3 cents dividends and move to 20 next. Let?s see.
Moving liao!!
I think shld be able
Let see :)
Let see :)
can go back 0.1 ?
Yes. Upon realisation of their inventory, the profit should be reflected in the share prices. Monday opening should close the difference between current market px and theoretical price.
My fair value $0.11 to $0.12 (contingent on Cambodia deal is done)
Your fair value of $0.11 is (before the deal?) if so, the fair value after the deal will be another plus 0.02.
Anyway, at this price level, it's safe.
Your fair value of $0.11 is (before the deal?) if so, the fair value after the deal will be another plus 0.02.
Anyway, at this price level, it's safe.
Fair_value ( Date: 29-Sep-2017 23:33) Posted:
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Did my own DD on this counter. Here is my results.
I used the financial report 2016 to do my analysis.
1 USD = 1.35 SGD (every figure below is as per SGD)
Current Px = 0.1 SGD
No. of shares = 324,940,302
EPS = 0.005
Equity per Share = 0.1598
Cash per share = 0.059
Trade Receivable per share = 0.0220
Cash and Trade Receivable per share = 0.0817
Method: I apply a 30% discount to the Equity per share. This is in consideration of the company' s strong sales or disposal of inventory (Land), and also other factors such as the illiquidity of certain assets.
Modified EPS = 70% x 0.1598 = 0.1119
PE = 0.89
Target price at PE = 1, SGD 0.1119
Other considerations: Good profit from sales of land, relatively good cash position, but an unlikely risk of shares consolidation is on the table.
Conclusion: Undervalued counter at current price of SGD 0.1. Prudent target price SGD 0.1119
Pls do your own Due Dilligence
I used the financial report 2016 to do my analysis.
1 USD = 1.35 SGD (every figure below is as per SGD)
Current Px = 0.1 SGD
No. of shares = 324,940,302
EPS = 0.005
Equity per Share = 0.1598
Cash per share = 0.059
Trade Receivable per share = 0.0220
Cash and Trade Receivable per share = 0.0817
Method: I apply a 30% discount to the Equity per share. This is in consideration of the company' s strong sales or disposal of inventory (Land), and also other factors such as the illiquidity of certain assets.
Modified EPS = 70% x 0.1598 = 0.1119
PE = 0.89
Target price at PE = 1, SGD 0.1119
Other considerations: Good profit from sales of land, relatively good cash position, but an unlikely risk of shares consolidation is on the table.
Conclusion: Undervalued counter at current price of SGD 0.1. Prudent target price SGD 0.1119
Pls do your own Due Dilligence
If this deal is done:
Net cash value per share: S$0.085
(Net proceeds from this deal is Sgd29.36m and plus existing sgd17.15m less borrowing)
Nta per share is S$0.16
Historical PE less than 2.5 times
Based on record, company may issue dividend. Set aside $10m will be $0.03 per share dividend. Boss owns 50.1%. He will pocket $5m cash. Then issue rights to raise for good property story if shares are pumped up. They are being played out by the MTP and did a share conso before. At current price, share price was a crazy $0.048 per share.
Strong buy if deal is done. Fair value is $0.11 to 0.12.
My pov
Vested (2010)
Net cash value per share: S$0.085
(Net proceeds from this deal is Sgd29.36m and plus existing sgd17.15m less borrowing)
Nta per share is S$0.16
Historical PE less than 2.5 times
Based on record, company may issue dividend. Set aside $10m will be $0.03 per share dividend. Boss owns 50.1%. He will pocket $5m cash. Then issue rights to raise for good property story if shares are pumped up. They are being played out by the MTP and did a share conso before. At current price, share price was a crazy $0.048 per share.
Strong buy if deal is done. Fair value is $0.11 to 0.12.
My pov
Vested (2010)
wait for deal to be sealed then enter more.
now jus watch on sidelines.
now jus watch on sidelines.
ysh2006 ( Date: 29-Sep-2017 11:33) Posted:
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Supposed worth more ?
machidrain ( Date: 29-Sep-2017 09:29) Posted:
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cannot, today will fall, sell sell sell today.
ysh2006 ( Date: 29-Sep-2017 09:09) Posted:
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Now 10.6 still can go in boh ?....
machidrain ( Date: 28-Sep-2017 17:08) Posted:
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tomorrow continue this crazy run......... huat ha
machidrain ( Date: 28-Sep-2017 16:17) Posted:
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