Chasen
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Chasen Hldg
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There are many companies in SGX which are barely making
money, or even making losses year in and year out.
Yet, the CEOs and directors of these companies pay themselves salaries
year in and year out not commensurate with the performance of the comapnies.
When queried, they claim that their experience and abilites command such salaries.
Yet, why are the companies performing unsatisfactorily year in and year out.
These managements drain the companies of their life juices until they become dry
and broken.
Shareholders of such companies can only blame their bad luck and/or poor
choices.
Become smelly fish already
WOW CHASEN CEO MR LOW. SALARY MORE THAN 500K!!!! Well paid. Shareholders crying 😭 ! Rewarding themselves not shareholders. Dead fish no wonder
Dead fish Chasen earn profits give zero dividends, now risk of rights issue even higher given the debts levels going to be well above 100 millions. Siao siao
Panda8 ( Date: 07-Jul-2023 18:06) Posted:
I think Sin Heng not logistic company, it is crane rental business. Think good profit, last 2 years gave more than 11% dividend. This year May 23 jsut gave about 8% and may be Nov another dividend payout.
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I think Sin Heng not logistic company, it is crane rental business. Think good profit, last 2 years gave more than 11% dividend. This year May 23 jsut gave about 8% and may be Nov another dividend payout.
Ley Choon, hiap tong, hua Tiong global, sin Heng. Almost all the logistics firms all shoot up. Some doubled in share price. This one still dead. Dead fish
This type of counter don' t waste time and money.
Godwinlow ( Date: 07-Jul-2023 16:07) Posted:
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bro,
kenna snooked ....
Godwinlow ( Date: 07-Jul-2023 16:07) Posted:
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Dead stock
Debt fueled company. Debts soon go up to 100 plus millions. Can they afford to even pay high interest rates
Not vested in this stock anymore. Have been in and out several rounds from Jan 2019 to Jul 2021. Every round gained a little. Probably added up to $30k to $40k total gain but it was a patient struggle really. With what they are doing lately, management may be taking too much risk??? Glad not to touch it again!
Khaleesi ( Date: 11-Jun-2023 09:29) Posted:
Few years back it was 10 cents and above and future look bright, which i brought in and after doing avenging down still lost, can just put it there see those on top monkeys do what
Panda8 ( Date: 11-Jun-2023 08:12) Posted:
You are absolutely right. all management is good in talking, they can paint a very nice picture, all these no need money, just talk only.
They are not active in mover and logistic business, they are many not listed logistic company doing more active than them and making a lot of money. If this company make money, ask yourself, where the profit go to?
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Dead stock 😴
Thanks Tan, good to find a supporter of Chasen, Im invested in it too.
tankoksee ( Date: 12-Jun-2023 10:58) Posted:
no worries..la
want expansion ..needs a loan is normal...
o/s share prices won' t be so low..la
the important thing is profitability n expansion...
be patience....
Godwinlow ( Date: 11-Jun-2023 11:17) Posted:
| Just last month, the company announced plan to build warehouse that cost 69 millions, most of it will be fueled by debts. Effectively doubling its debts to 128 millions. Then debt to equity will be 2. Chasen at most earn a few million. Don' t know how they going to repay their debts or can they handle the debts from banks |
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no worries..la
want expansion ..needs a loan is normal...
o/s share prices won' t be so low..la
the important thing is profitability n expansion...
be patience....
Godwinlow ( Date: 11-Jun-2023 11:17) Posted:
| Just last month, the company announced plan to build warehouse that cost 69 millions, most of it will be fueled by debts. Effectively doubling its debts to 128 millions. Then debt to equity will be 2. Chasen at most earn a few million. Don' t know how they going to repay their debts or can they handle the debts from banks |
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Just last month, the company announced plan to build warehouse that cost 69 millions, most of it will be fueled by debts. Effectively doubling its debts to 128 millions. Then debt to equity will be 2. Chasen at most earn a few million. Don' t know how they going to repay their debts or can they handle the debts from banks
Few years back it was 10 cents and above and future look bright, which i brought in and after doing avenging down still lost, can just put it there see those on top monkeys do what
Panda8 ( Date: 11-Jun-2023 08:12) Posted:
You are absolutely right. all management is good in talking, they can paint a very nice picture, all these no need money, just talk only.
They are not active in mover and logistic business, they are many not listed logistic company doing more active than them and making a lot of money. If this company make money, ask yourself, where the profit go to?
ahberngh ( Date: 19-May-2023 10:15) Posted:
Seems to me a never do well junk stock.
I am vested because management some time ago was talking about
listing subsidiary in HK bourse, how promising their logistic business is, etc, etc.
Appears to be empty can making a lot of noise.
Waiting to get out if it touches 8c.
Just my opinion, I may be wrong, please dyodd. |
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You are absolutely right. all management is good in talking, they can paint a very nice picture, all these no need money, just talk only.
They are not active in mover and logistic business, they are many not listed logistic company doing more active than them and making a lot of money. If this company make money, ask yourself, where the profit go to?
ahberngh ( Date: 19-May-2023 10:15) Posted:
Seems to me a never do well junk stock.
I am vested because management some time ago was talking about
listing subsidiary in HK bourse, how promising their logistic business is, etc, etc.
Appears to be empty can making a lot of noise.
Waiting to get out if it touches 8c.
Just my opinion, I may be wrong, please dyodd. |
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What is the debt per share , know this before jumping in . What is the dividend payout ? The directors treat themselves well only .
tankoksee ( Date: 09-Jun-2023 14:08) Posted:
nta 17 cts.cash per share 5 cts..
tankoksee ( Date: 09-Jun-2023 11:21) Posted:
LHN logistic kena takeover...
chasen the next potential target?? |
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deserving a serious look...eddyeddy ( Date: 09-Jun-2023 14:16) Posted:
| Too small scale to be considered. No added value . |
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