Jardine C&C    Last:28.34    -0.36

Jardine C&C

http://edition.cnn.com/ASIANOW/asiaweek/96/0202/nat2.html

 

 

All 4 Jardine counters drop for many days ... is there anything that we don?t know going to happen ?

 

Ya lelong liao..Half of Astra is already worth $9 billion, but Jardine C&C is currently trading at $8 billion..& what about Siam City Cement, Vinamilk, & direct motor interests?
Just that dont know when the sell-off will end

 

Lolx tell me about it, man..... just gotta wait for it to rebound strongly

des_khor      ( Date: 04-Aug-2021 09:28) Posted: Unbelievable near 20 despite good results! Lelong

 

Unbelievable near 20 despite good results! Lelong

 

1H21 is almost 80-90% profit recovery to 2019 performance . but share price is still only 60% of 2019 average $36-37 . 
Agree , huge upside opportunity . Historically past 10 yrs m, it had always recovered pretty fast . Hopefully to $26-$30 before end 2021 . 

Joelton      ( Date: 30-Jul-2021 11:24) Posted: Astra profit contributions propel Jardine Cycle & Carriage to H1 earnings growth   JARDINE Cycle & Carriage (Jardine C& C), known in Singapore as a Mercedes-Benz dealer, on Thursday reported that first-half underlying profits nearly tripled on the back of looser Covid-19 restrictions in its regional markets.   Its chairman Ben Keswick warned, however: " Although business conditions have since improved, the group remains cautious about performance in the second half of 2021, given the worsening Covid-19 situation in a number of countries across the region."   Underlying earnings, which excludes non-trading items, jumped to US$346.5 million for the six months to June 30, from US$137.7 million before. The year-on-year growth, while broad-based, was led by contributions from Indonesian conglomerate Astra.   Revenue rose 25.7 per cent to US$8.29 billion, on higher direct motor interest sales, and automotive, heavy equipment and mining operations at Astra.   But net profit fell by 24.8 per cent to US$226.3 million, dragged down by non-trading items such as unrealised losses from the revaluation of the group' s equity investments.   Earnings per share came in at US$0.57, compared with US$0.76 previously, while net asset value was US$17.50 a share, against US$17.65 as at end-2021.   Jardine C& C has declared an interim dividend of US$0.18 a share, twice the payout in the year before. The books close on Aug 31 and the dividend will be paid on Sept 30.   Separately, the board unveiled a reshuffle on Thursday, with Lim Hwee Hua expected to take over as lead independent director on Jan 1, 2022, succeeding Vimala Menon. Mrs Lim is set to join the remuneration committee on the same date.   Independent director Steven Phan will replace Ms Menon as chairman of the audit committee on Oct 1 Ms Menon will become a committee member.   Former OCBC chief executive Samuel Tsien joins the Jardine C& C board as an independent director on Oct 1, and has been named to the audit committee too.

 

Waiting for the sell off to end

 

(jardine C& C will rally)it will happen getting ocbc samuel n.tsien on its board of director

 

after the selloff in jardine C& C it will resume its rally back to $30 by 2023

 

Wow, retreated so much from this morning's high

 

Looks good to start nibbling some now 

Joelton      ( Date: 30-Jul-2021 11:24) Posted: Astra profit contributions propel Jardine Cycle & Carriage to H1 earnings growth   JARDINE Cycle & Carriage (Jardine C& C), known in Singapore as a Mercedes-Benz dealer, on Thursday reported that first-half underlying profits nearly tripled on the back of looser Covid-19 restrictions in its regional markets.   Its chairman Ben Keswick warned, however: " Although business conditions have since improved, the group remains cautious about performance in the second half of 2021, given the worsening Covid-19 situation in a number of countries across the region."   Underlying earnings, which excludes non-trading items, jumped to US$346.5 million for the six months to June 30, from US$137.7 million before. The year-on-year growth, while broad-based, was led by contributions from Indonesian conglomerate Astra.   Revenue rose 25.7 per cent to US$8.29 billion, on higher direct motor interest sales, and automotive, heavy equipment and mining operations at Astra.   But net profit fell by 24.8 per cent to US$226.3 million, dragged down by non-trading items such as unrealised losses from the revaluation of the group' s equity investments.   Earnings per share came in at US$0.57, compared with US$0.76 previously, while net asset value was US$17.50 a share, against US$17.65 as at end-2021.   Jardine C& C has declared an interim dividend of US$0.18 a share, twice the payout in the year before. The books close on Aug 31 and the dividend will be paid on Sept 30.   Separately, the board unveiled a reshuffle on Thursday, with Lim Hwee Hua expected to take over as lead independent director on Jan 1, 2022, succeeding Vimala Menon. Mrs Lim is set to join the remuneration committee on the same date.   Independent director Steven Phan will replace Ms Menon as chairman of the audit committee on Oct 1 Ms Menon will become a committee member.   Former OCBC chief executive Samuel Tsien joins the Jardine C& C board as an independent director on Oct 1, and has been named to the audit committee too.

 

 

The Giant Awaken, CHIONG Ah.........

 

Astra profit contributions propel Jardine Cycle & Carriage to H1 earnings growth

Jardine Cycle & Carriage (Jardine C& C), known in Singapore as a Mercedes-Benz dealer, on Thursday reported that first-half underlying profits more than doubled on the back of looser Covid-19 restrictions in its regional markets.

Its chairman Ben Keswick warned, however: " Although business conditions have since improved, the group remains cautious about performance in the second half of 2021, given the worsening Covid-19 situation in a number of countries across the region."

Underlying earnings, which excludes non-trading items, jumped to US$346.5 million for the six months to June 30, from US$137.7 million before. The year-on-year growth, while broad-based, was led by contributions from Indonesian conglomerate Astra.

Revenue rose 25.7 per cent to US$8.29 billion, on higher direct motor interest sales, and automotive, heavy equipment and mining operations at Astra.

But net profit fell by 24.8 per cent to US$226.3 million, dragged down by non-trading items such as unrealised losses from the revaluation of the group' s equity investments.

Earnings per share came in at US$0.57, compared with US$0.76 previously, while net asset value was US$17.50 a share, against US$17.65 as at end-2021.

Jardine C& C has declared an interim dividend of US$0.18 a share, twice the payout in the year before. The books close on Aug 31 and the dividend will be paid on Sept 30.

Separately, the board unveiled a reshuffle on Thursday, with Lim Hwee Hua expected to take over as lead independent director on Jan 1, 2022, succeeding Vimala Menon. Mrs Lim is set to join the remuneration committee on the same date.

Independent director Steven Phan will replace Ms Menon as chairman of the audit committee on Oct 1 Ms Menon will become a committee member.

Former OCBC chief executive Samuel Tsien joins the Jardine C& C board as an independent director on Oct 1, and has been named to the audit committee too.

Jardine C& C shares shed S$0.06, or 0.3 per cent, to S$20.30, before the latest news.

 

 

Time for C & C to come back, very good results...

 

Jardine counters DF , HKL and JCC all red despite strong STI surge ...

 

jardine C& C oversold at $20.3 now

satruz      ( Date: 29-Jul-2021 10:08) Posted: Tks..... will continue to put it on my radar 👍 This is one good stock to buy for recovery, though the question will be "how soon?" javierzanetti      ( Date: 29-Jul-2021 09:55) Posted: you might want to look at the countries they are invested in before deciding. other than sg, there seems to be no light at the tunnel for them. msia, vietnam, myanmar(worst), phillipines, indo does not have the capability to end the pandemic restrictions any time soon. their revenue drop by 30% last year and dividend was half. Looking at the share price, it seems that this year will not be any better. All said, they are also in my shortlist, will prove to be an awesome dividend stock if you catch it at a good price

 

Tks..... will continue to put it on my radar 👍

This is one good stock to buy for recovery, though the question will be "how soon?"

javierzanetti      ( Date: 29-Jul-2021 09:55) Posted: you might want to look at the countries they are invested in before deciding. other than sg, there seems to be no light at the tunnel for them. msia, vietnam, myanmar(worst), phillipines, indo does not have the capability to end the pandemic restrictions any time soon. their revenue drop by 30% last year and dividend was half. Looking at the share price, it seems that this year will not be any better. All said, they are also in my shortlist, will prove to be an awesome dividend stock if you catch it at a good price. satruz      ( Date: 28-Jul-2021 15:54) Posted: Came down quite a fair bit in recent mths, quite tempted to buy some. Any opinions from the experts here? 😎

 

you might want to look at the countries they are invested in before deciding.
other than sg, there seems to be no light at the tunnel for them.
msia, vietnam, myanmar(worst), phillipines, indo does not have the capability to end the pandemic restrictions any time soon.

their revenue drop by 30% last year and dividend was half. Looking at the share price, it seems that this year will not be any better.
All said, they are also in my shortlist, will prove to be an awesome dividend stock if you catch it at a good price.

satruz      ( Date: 28-Jul-2021 15:54) Posted: Came down quite a fair bit in recent mths, quite tempted to buy some. Any opinions from the experts here? 😎