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5Hazard Bro, Can you check on TIONG SENG Holdings (SGX: BFI)... I bought small quantities at 26.5 cents and 27 cents after reading of the 10% of the stake buy back by Promoters/Owners after its announcement to buy back 42 million shares from markets... So far from historical announcments from the company I can see the company has bought over 240K shares on 19th May and around 90K on the 29th May. I expect the price to double in the counter from 26 cents to 50 over cents till the whole buy back process goes through for the 105 to 120% limits set by SGX based on the closing prices after announcement of the buy back offer. whats your opinion in that counter???
HazardKoh ( Date: 07-Jun-2017 21:58) Posted:
yup... dividend was reduced in 2016 to only 1.25 cents. Currently dividend declared in 2017 is 1.25 cents and U are saying u expecting to see dividend in Aug 2017 and Dec 2017 BUT in the case IF they do not declare dividend or much reduced dividend, then share price will be adjusted down.
So current share price has factored in ex-warrant issue and Aug and Dec 2017 dividends. With current market near 52 weeks high, any downturn in market or correction will see the share price drop to support of around 32-33 cents as what u mentioned. If bear market arrives, then it may even test 30 cents or below.
I feel (my own views) that I shd buy at low and not at high. So i will wait patiently for bear market/correction to arrive and scoop up duty free at around 30 to 33 cents.
The almost sure win method for share trading is buy at 52 weeks low and sell at 52 weeks high. :)
Cheers
Cheers
mogambo ( Date: 07-Jun-2017 21:30) Posted:
| hazard if you see the long term moving averages on weekly charts the 200 sma is currently at 0.33 and this is acting as a major support as shown in Dec 2016 with the price action taking good support from this level and moving up . Only with the recent dilution of shares there has been a down ward move and it is settling down well. Good if you are looking for 32 cents and if you are lucky you may get it too every investor in the markets have their own views and fair valuations they look into. Checked your inputs the Berjaya money is something which you feel about RM 40 million should come back to Duty Free. The dividend in 2016 was reduced to 1.6 cents as the company did not pay multiple dividends as in the past from 2013 , but the company always pays multiple dividends we should see more in Aug 2017 and Dec 2017 as seen in 2015.. I think with the value add from Heinemann to its chain we will see good growth in ROE from current 16% to over 20% over the next few years. Good Luck to you and the other investors here |
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Hazard bro, The company has been buying back the shares from open market in 2011, 2012, 2013, 2014 ... No buy back in 2015 and 2016... Now with the 200 sma support going flat I expect the buy back from Promoters will start again soon.. Any news on that will be interesting too to watch out for, what do you think ? more chocolates should come or a Higher Top possibility of formation just like the 2011 buy back by the company.. will keep a watch on any announcements and update here SGX will limit its price movement to 100 to 120% max over a period of buy back convertion time frame. It can be reverse buy back or a buy back from the bottom to top... But I am waiting for the 2011 reverse buy back history to repeat ha ha ha
HazardKoh ( Date: 07-Jun-2017 21:58) Posted:
yup... dividend was reduced in 2016 to only 1.25 cents. Currently dividend declared in 2017 is 1.25 cents and U are saying u expecting to see dividend in Aug 2017 and Dec 2017 BUT in the case IF they do not declare dividend or much reduced dividend, then share price will be adjusted down.
So current share price has factored in ex-warrant issue and Aug and Dec 2017 dividends. With current market near 52 weeks high, any downturn in market or correction will see the share price drop to support of around 32-33 cents as what u mentioned. If bear market arrives, then it may even test 30 cents or below.
I feel (my own views) that I shd buy at low and not at high. So i will wait patiently for bear market/correction to arrive and scoop up duty free at around 30 to 33 cents.
The almost sure win method for share trading is buy at 52 weeks low and sell at 52 weeks high. :)
Cheers
Cheers
mogambo ( Date: 07-Jun-2017 21:30) Posted:
| hazard if you see the long term moving averages on weekly charts the 200 sma is currently at 0.33 and this is acting as a major support as shown in Dec 2016 with the price action taking good support from this level and moving up . Only with the recent dilution of shares there has been a down ward move and it is settling down well. Good if you are looking for 32 cents and if you are lucky you may get it too every investor in the markets have their own views and fair valuations they look into. Checked your inputs the Berjaya money is something which you feel about RM 40 million should come back to Duty Free. The dividend in 2016 was reduced to 1.6 cents as the company did not pay multiple dividends as in the past from 2013 , but the company always pays multiple dividends we should see more in Aug 2017 and Dec 2017 as seen in 2015.. I think with the value add from Heinemann to its chain we will see good growth in ROE from current 16% to over 20% over the next few years. Good Luck to you and the other investors here |
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Perfectly agree with you Hazard Bro, I know those methods of buying at 52 week low, and selling at 52 week high. especially when a scrip has been trading range bound for the last few years in the range from a traders point of view.........yes the markets have priced in the ex warrant and dividend price into the current market pricing... My views are similar for the short term trading ranges you are mentioning. However, My views are on the long term as this scrip was trading at 2 cents till 2010 and then got rerated to 45 cents from Feb 2011 it is limited to its high of 45 cents its been 5 years now and the fundamentals are way too good to ignore it any more than it could be ignored.. The 200 sma on the long term charts have moved from 6 cents in early 2011 to its current 33 cents now and the push will be upwards to breakover the 45 cents limit... Just keep a watch... Only one or 2 good qtrs are we are over 45 cents and above as the 200 sma base shifted from 6 cents to 8 cents to 12 cents to 18 , 20, 24, 28 and current 33... with better fundamentals the base has to shift with Low Debt and Business getting re organised than rather detoriate.. Lets see whats in store. I will average more if I get to add below.. My plans are to hold this till 2018/2019 till then keep earning the passive income through DIvidends and special dividends if any cheers.
HazardKoh ( Date: 07-Jun-2017 21:58) Posted:
yup... dividend was reduced in 2016 to only 1.25 cents. Currently dividend declared in 2017 is 1.25 cents and U are saying u expecting to see dividend in Aug 2017 and Dec 2017 BUT in the case IF they do not declare dividend or much reduced dividend, then share price will be adjusted down.
So current share price has factored in ex-warrant issue and Aug and Dec 2017 dividends. With current market near 52 weeks high, any downturn in market or correction will see the share price drop to support of around 32-33 cents as what u mentioned. If bear market arrives, then it may even test 30 cents or below.
I feel (my own views) that I shd buy at low and not at high. So i will wait patiently for bear market/correction to arrive and scoop up duty free at around 30 to 33 cents.
The almost sure win method for share trading is buy at 52 weeks low and sell at 52 weeks high. :)
Cheers
Cheers
mogambo ( Date: 07-Jun-2017 21:30) Posted:
| hazard if you see the long term moving averages on weekly charts the 200 sma is currently at 0.33 and this is acting as a major support as shown in Dec 2016 with the price action taking good support from this level and moving up . Only with the recent dilution of shares there has been a down ward move and it is settling down well. Good if you are looking for 32 cents and if you are lucky you may get it too every investor in the markets have their own views and fair valuations they look into. Checked your inputs the Berjaya money is something which you feel about RM 40 million should come back to Duty Free. The dividend in 2016 was reduced to 1.6 cents as the company did not pay multiple dividends as in the past from 2013 , but the company always pays multiple dividends we should see more in Aug 2017 and Dec 2017 as seen in 2015.. I think with the value add from Heinemann to its chain we will see good growth in ROE from current 16% to over 20% over the next few years. Good Luck to you and the other investors here |
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yup... dividend was reduced in 2016 to only 1.25 cents. Currently dividend declared in 2017 is 1.25 cents and U are saying u expecting to see dividend in Aug 2017 and Dec 2017 BUT in the case IF they do not declare dividend or much reduced dividend, then share price will be adjusted down.
So current share price has factored in ex-warrant issue and Aug and Dec 2017 dividends. With current market near 52 weeks high, any downturn in market or correction will see the share price drop to support of around 32-33 cents as what u mentioned. If bear market arrives, then it may even test 30 cents or below.
I feel (my own views) that I shd buy at low and not at high. So i will wait patiently for bear market/correction to arrive and scoop up duty free at around 30 to 33 cents.
The almost sure win method for share trading is buy at 52 weeks low and sell at 52 weeks high. :)
Cheers
Cheers
mogambo ( Date: 07-Jun-2017 21:30) Posted:
hazard if you see the long term moving averages on weekly charts the 200 sma is currently at 0.33 and this is acting as a major support as shown in Dec 2016 with the price action taking good support from this level and moving up . Only with the recent dilution of shares there has been a down ward move and it is settling down well. Good if you are looking for 32 cents and if you are lucky you may get it too every investor in the markets have their own views and fair valuations they look into. Checked your inputs the Berjaya money is something which you feel about RM 40 million should come back to Duty Free. The dividend in 2016 was reduced to 1.6 cents as the company did not pay multiple dividends as in the past from 2013 , but the company always pays multiple dividends we should see more in Aug 2017 and Dec 2017 as seen in 2015.. I think with the value add from Heinemann to its chain we will see good growth in ROE from current 16% to over 20% over the next few years. Good Luck to you and the other investors here.
HazardKoh ( Date: 07-Jun-2017 19:52) Posted:
Duty Free is a buy at below 32 cents i feel. There is room for price correction. The recent bonus warrant was the reason for the price rise. For long term, this is a good shares but below 32 cents is a safer price to get vested :)
Just my humble opinio |
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hazard if you see the long term moving averages on weekly charts the 200 sma is currently at 0.33 and this is acting as a major support as shown in Dec 2016 with the price action taking good support from this level and moving up . Only with the recent dilution of shares there has been a down ward move and it is settling down well. Good if you are looking for 32 cents and if you are lucky you may get it too every investor in the markets have their own views and fair valuations they look into. Checked your inputs the Berjaya money is something which you feel about RM 40 million should come back to Duty Free. The dividend in 2016 was reduced to 1.6 cents as the company did not pay multiple dividends as in the past from 2013 , but the company always pays multiple dividends we should see more in Aug 2017 and Dec 2017 as seen in 2015.. I think with the value add from Heinemann to its chain we will see good growth in ROE from current 16% to over 20% over the next few years. Good Luck to you and the other investors here.
HazardKoh ( Date: 07-Jun-2017 19:52) Posted:
Duty Free is a buy at below 32 cents i feel. There is room for price correction. The recent bonus warrant was the reason for the price rise. For long term, this is a good shares but below 32 cents is a safer price to get vested :)
Just my humble opinion
HazardKoh ( Date: 07-Jun-2017 19:48) Posted:
1) Berjaya
The DMSB Agreement was completed on 15 March 2013 (" DMSB Completion Date" ). Pursuant to the terms of the DMSB
Agreement, RM80.0 million being the balance of the aggregate sale consideration of RM325.0 million, was deferred and
payable by BWSB within 12 months from the DMSB Completion Date, together with interest charged at 6% per annum from
the DMSB Completion Date. There have been several extensions mutually agreed by the parties since the initial due date. After
partial repayments of the consideration, the outstanding balance as at 28 February 2017 was RM40.0 million. Throughout the
term that the balance was outstanding, BWSB has been paying interest at 6% per annum up to 15 July 2015 and 9% per annum
from 16 July 2015 onwards. On 15 April 2017, BWSB requested for a further deferment of the unpaid consideration of RM40.0 million to be paid on or
before 15 April 2018 and that BWSB continue to pay interest at 9% per annum on the unpaid consideration on a quarterly basis.
The Company had agreed to the request of BWSB.
Is almost 4+ years, Berjaya still owe money and u can trace back to all the financial report from 2013, the outstanding recoverable has been extended for 4 years. Need to watch out for this.
2) DIVIDEND
2) Yes, the profit/revenue is in Rm BUT the dividend is in SGD ==> RM depreciate means dividend in SGD will be lesser and attached is the dividend paid over the years. You will discover the dividend paid actually dropped due to the dilution of shares. Dividend for last 2 years is only 1.25 cents. Dividend before 2016 was 2 to 2.5 cents.
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Duty Free is a buy at below 32 cents i feel. There is room for price correction. The recent bonus warrant was the reason for the price rise. For long term, this is a good shares but below 32 cents is a safer price to get vested :)
Just my humble opinion
HazardKoh ( Date: 07-Jun-2017 19:48) Posted:
1) Berjaya
The DMSB Agreement was completed on 15 March 2013 (" DMSB Completion Date" ). Pursuant to the terms of the DMSB
Agreement, RM80.0 million being the balance of the aggregate sale consideration of RM325.0 million, was deferred and
payable by BWSB within 12 months from the DMSB Completion Date, together with interest charged at 6% per annum from
the DMSB Completion Date. There have been several extensions mutually agreed by the parties since the initial due date. After
partial repayments of the consideration, the outstanding balance as at 28 February 2017 was RM40.0 million. Throughout the
term that the balance was outstanding, BWSB has been paying interest at 6% per annum up to 15 July 2015 and 9% per annum
from 16 July 2015 onwards. On 15 April 2017, BWSB requested for a further deferment of the unpaid consideration of RM40.0 million to be paid on or
before 15 April 2018 and that BWSB continue to pay interest at 9% per annum on the unpaid consideration on a quarterly basis.
The Company had agreed to the request of BWSB.
Is almost 4+ years, Berjaya still owe money and u can trace back to all the financial report from 2013, the outstanding recoverable has been extended for 4 years. Need to watch out for this.
2) DIVIDEND
2) Yes, the profit/revenue is in Rm BUT the dividend is in SGD ==> RM depreciate means dividend in SGD will be lesser and attached is the dividend paid over the years. You will discover the dividend paid actually dropped due to the dilution of shares. Dividend for last 2 years is only 1.25 cents. Dividend before 2016 was 2 to 2.5 cents.
mogambo ( Date: 07-Jun-2017 19:34) Posted:
sorry for the late reply. I do not know anything about Berjaya and item 2. why Ringitt..currency does not matter to me as its business operations is in Malaysia but the company is based in singapore, with 40 over Duty Free Retail outlets in Malaysia, Golf resorts, and Country club and its own retail brand zon. I dont agree with your item 3... its dividend for the last 5 years has been varying and range bound between 2 cents to 2.5 cents. and Dividend yield is 6.7%. Recenty it declared Bonus shares and I received it. Company is debt Free , Debt / Equity is pretty low and a value buy ... Punters and traders may try to take it down but it does not matter for long term investors , Traders only see day to day profits and easy liquidity to escape with cash. But why worry when the company is performing and planning to share its profits with the investors on the long run.
Duty Free International Limited, an investment holding company, trades in duty free merchandise under the Zon brand primarily in Peninsular Malaysia. The company wholesales, distributes, and retails duty free and non-dutiable merchandise, including imported duty free beverages, tobacco products, chocolates and confectionery products, perfumes, cosmetics, and souvenirs. It operates approximately 40 duty-free retail outlets/complexes, and trading outlets located at various locations in airports, seaports, ferry terminals, border towns, and tourist destinations. Duty Free International Limited is also involved in the development of resorts provision of property investment and management services cultivation of oil palm and sale of fresh oil palm fruit bunches. The company was founded in 1978 and is based in Singapore. Duty Free International Limited is a subsidiary of Atlan Holdings Bhd. |
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1) Berjaya
The DMSB Agreement was completed on
15 March 2013 (" DMSB Completion Date" ). Pursuant to the terms of the DMSB
Agreement, RM80.0 million being the balance of the aggregate sale consideration of RM325.0 million, was deferred and
payable by BWSB within 12 months from the DMSB Completion Date, together with interest charged at 6% per annum from
the DMSB Completion Date. There have been several extensions mutually agreed by the parties since the initial due date. After
partial repayments of the consideration, the
outstanding balance as at 28 February 2017 was RM40.0 million. Throughout the
term that the balance was outstanding, BWSB has been paying interest at 6% per annum up to 15 July 2015 and 9% per annum
from 16 July 2015 onwards. On 15 April 2017, BWSB requested for a further deferment of the unpaid consideration of RM40.0 million to be paid on or
before 15 April 2018 and that BWSB continue to pay interest at 9% per annum on the unpaid consideration on a quarterly basis.
The Company had agreed to the request of BWSB.
Is almost 4+ years, Berjaya still owe money and u can trace back to all the financial report from 2013, the outstanding recoverable has been extended for 4 years. Need to watch out for this.
2) DIVIDEND
2) Yes, the profit/revenue is in Rm BUT the dividend is in SGD ==> RM depreciate means dividend in SGD will be lesser and attached is the dividend paid over the years. You will discover the dividend paid actually dropped due to the dilution of shares. Dividend for last 2 years is only 1.25 cents. Dividend before 2016 was 2 to 2.5 cents.
mogambo ( Date: 07-Jun-2017 19:34) Posted:
sorry for the late reply. I do not know anything about Berjaya and item 2. why Ringitt..currency does not matter to me as its business operations is in Malaysia but the company is based in singapore, with 40 over Duty Free Retail outlets in Malaysia, Golf resorts, and Country club and its own retail brand zon. I dont agree with your item 3... its dividend for the last 5 years has been varying and range bound between 2 cents to 2.5 cents. and Dividend yield is 6.7%. Recenty it declared Bonus shares and I received it. Company is debt Free , Debt / Equity is pretty low and a value buy ... Punters and traders may try to take it down but it does not matter for long term investors , Traders only see day to day profits and easy liquidity to escape with cash. But why worry when the company is performing and planning to share its profits with the investors on the long run.
Duty Free International Limited, an investment holding company, trades in duty free merchandise under the Zon brand primarily in Peninsular Malaysia. The company wholesales, distributes, and retails duty free and non-dutiable merchandise, including imported duty free beverages, tobacco products, chocolates and confectionery products, perfumes, cosmetics, and souvenirs. It operates approximately 40 duty-free retail outlets/complexes, and trading outlets located at various locations in airports, seaports, ferry terminals, border towns, and tourist destinations. Duty Free International Limited is also involved in the development of resorts provision of property investment and management services cultivation of oil palm and sale of fresh oil palm fruit bunches. The company was founded in 1978 and is based in Singapore. Duty Free International Limited is a subsidiary of Atlan Holdings Bhd.
HazardKoh ( Date: 02-Jun-2017 12:32) Posted:
A few worries.
1) Berjaya still owe them millions, is still under recoverable after many years. Why?
2) Their revenue and profit is in Ringgit.
3) Dividend dropping. U can go browse through the dividend declares year on year, has been on the downtrend.
When market turns bearish, share price will drop below 30 cents to around 25-29 cents. Just be carefu |
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sorry for the late reply. I do not know anything about Berjaya and item 2. why Ringitt..currency does not matter to me as its business operations is in Malaysia but the company is based in singapore, with 40 over Duty Free Retail outlets in Malaysia, Golf resorts, and Country club and its own retail brand zon. I dont agree with your item 3... its dividend for the last 5 years has been varying and range bound between 2 cents to 2.5 cents. and Dividend yield is 6.7%. Recenty it declared Bonus shares and I received it. Company is debt Free , Debt / Equity is pretty low and a value buy ... Punters and traders may try to take it down but it does not matter for long term investors , Traders only see day to day profits and easy liquidity to escape with cash. But why worry when the company is performing and planning to share its profits with the investors on the long run.
Duty Free International Limited, an investment holding company, trades in duty free merchandise under the Zon brand primarily in Peninsular Malaysia. The company wholesales, distributes, and retails duty free and non-dutiable merchandise, including imported duty free beverages, tobacco products, chocolates and confectionery products, perfumes, cosmetics, and souvenirs. It operates approximately 40 duty-free retail outlets/complexes, and trading outlets located at various locations in airports, seaports, ferry terminals, border towns, and tourist destinations. Duty Free International Limited is also involved in the development of resorts provision of property investment and management services cultivation of oil palm and sale of fresh oil palm fruit bunches. The company was founded in 1978 and is based in Singapore. Duty Free International Limited is a subsidiary of Atlan Holdings Bhd.HazardKoh ( Date: 02-Jun-2017 12:32) Posted:
A few worries.
1) Berjaya still owe them millions, is still under recoverable after many years. Why?
2) Their revenue and profit is in Ringgit.
3) Dividend dropping. U can go browse through the dividend declares year on year, has been on the downtrend.
When market turns bearish, share price will drop below 30 cents to around 25-29 cents. Just be careful
mogambo ( Date: 02-Jun-2017 12:07) Posted:
| another 1 year down the line we will not get to see this price.... Fundamentally the company is getting stronger and stronger and stronger... Technically will also grow stronger and stronger only Patience will pay us nice rewards |
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Ringgit is no longer the taboo currency.
http://jakartaglobe.id/international/malaysia-slowly-winning-battle-fx-speculators/
BNP Paribas, WAMCO, Fidelity are slowly moving back into Ringgit.
A few worries.
1) Berjaya still owe them millions, is still under recoverable after many years. Why?
2) Their revenue and profit is in Ringgit.
3) Dividend dropping. U can go browse through the dividend declares year on year, has been on the downtrend.
When market turns bearish, share price will drop below 30 cents to around 25-29 cents. Just be careful
mogambo ( Date: 02-Jun-2017 12:07) Posted:
another 1 year down the line we will not get to see this price.... Fundamentally the company is getting stronger and stronger and stronger... Technically will also grow stronger and stronger only Patience will pay us nice rewards.
mogambo ( Date: 22-May-2017 10:06) Posted:
| its tie up with Heinemann with 25% stake sale last year is the best it is the synergies of 2 companiea which will add value add to the vast network. profits will grow exponentially foe the next 2-3 years enjoy the joyride till 1 dollar and more . fabulous bonus warrants too had i known this earlier i would have had bought more lots. but no regrets one of the best value picks for me cheer |
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another 1 year down the line we will not get to see this price.... Fundamentally the company is getting stronger and stronger and stronger... Technically will also grow stronger and stronger only Patience will pay us nice rewards.
mogambo ( Date: 22-May-2017 10:06) Posted:
its tie up with Heinemann with 25% stake sale last year is the best it is the synergies of 2 companiea which will add value add to the vast network. profits will grow exponentially foe the next 2-3 years enjoy the joyride till 1 dollar and more . fabulous bonus warrants too had i known this earlier i would have had bought more lots. but no regrets one of the best value picks for me cheers
mogambo ( Date: 19-May-2017 19:44) Posted:
| its debt /equity is at its lowest.... Profits are good and stable. Although I am positive on its growth its common equity stands diluted with a growth of 32% over last year with too many follow on equity offering. Charts are interesting with a cup and a handle pattern on long term charts... it is testing 0.46 and going to breakout wait for that to happen it is a straight 10 cents journey from current pricing. Go long go stron |
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its tie up with Heinemann with 25% stake sale last year is the best it is the synergies of 2 companiea which will add value add to the vast network. profits will grow exponentially foe the next 2-3 years enjoy the joyride till 1 dollar and more . fabulous bonus warrants too had i known this earlier i would have had bought more lots. but no regrets one of the best value picks for me cheers
mogambo ( Date: 19-May-2017 19:44) Posted:
its debt /equity is at its lowest.... Profits are good and stable. Although I am positive on its growth its common equity stands diluted with a growth of 32% over last year with too many follow on equity offering. Charts are interesting with a cup and a handle pattern on long term charts... it is testing 0.46 and going to breakout wait for that to happen it is a straight 10 cents journey from current pricing. Go long go strong
mogambo ( Date: 05-May-2017 12:08) Posted:
bought some to hold for targets of 50 cents in 6 months.. looks good for a positional buy and hold.. anyway company is performing should do well going forward.
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its debt /equity is at its lowest.... Profits are good and stable. Although I am positive on its growth its common equity stands diluted with a growth of 32% over last year with too many follow on equity offering. Charts are interesting with a cup and a handle pattern on long term charts... it is testing 0.46 and going to breakout wait for that to happen it is a straight 10 cents journey from current pricing. Go long go strong
mogambo ( Date: 05-May-2017 12:08) Posted:
bought some to hold for targets of 50 cents in 6 months.. looks good for a positional buy and hold.. anyway company is performing should do well going forward.
mogambo ( Date: 05-May-2017 12:00) Posted:
is it a good buy now. company is performing only the tourism industry did impact its last qtryly performance but overall it is growing annually. whats the future here will it cross 50 cents say in the next 1 year? planning to invest and hold some here.
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bought some to hold for targets of 50 cents in 6 months.. looks good for a positional buy and hold.. anyway company is performing should do well going forward.
mogambo ( Date: 05-May-2017 12:00) Posted:
is it a good buy now. company is performing only the tourism industry did impact its last qtryly performance but overall it is growing annually. whats the future here will it cross 50 cents say in the next 1 year? planning to invest and hold some here.
fattchoispirit ( Date: 06-Apr-2017 16:39) Posted:
Cool stuff. It did run up to 0.40 today.
Just a naive thought behind why they are issuing this warrant, with strike price 0.43 and duration 6 months.
They are confident that within this 6 months, stock price will go up above 0.43. So are they planning/hiding some upcoming big business deal to be cliched?
Will be interesting to hear some thoughts from all the experts here. Thanks! :)
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is it a good buy now. company is performing only the tourism industry did impact its last qtryly performance but overall it is growing annually. whats the future here will it cross 50 cents say in the next 1 year? planning to invest and hold some here.
fattchoispirit ( Date: 06-Apr-2017 16:39) Posted:
Cool stuff. It did run up to 0.40 today.
Just a naive thought behind why they are issuing this warrant, with strike price 0.43 and duration 6 months.
They are confident that within this 6 months, stock price will go up above 0.43. So are they planning/hiding some upcoming big business deal to be cliched?
Will be interesting to hear some thoughts from all the experts here. Thanks! :)
pool100 ( Date: 06-Apr-2017 02:04) Posted:
Duty free just received approval in principle by sgx for bonus warrants today.
Watch this guy. Will run soon.
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Cool stuff. It did run up to 0.40 today.
Just a naive thought behind why they are issuing this warrant, with strike price 0.43 and duration 6 months.
They are confident that within this 6 months, stock price will go up above 0.43. So are they planning/hiding some upcoming big business deal to be cliched?
Will be interesting to hear some thoughts from all the experts here. Thanks! :)
pool100 ( Date: 06-Apr-2017 02:04) Posted:
Duty free just received approval in principle by sgx for bonus warrants today.
Watch this guy. Will run soon.
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Duty free just received approval in principle by sgx for bonus warrants today.
Watch this guy. Will run soon.
UOB Kay Hian
6th Feb
Duty Free International - BUY
? DFI is a solid consumer play with an attractive dividend yield (>6%) and a 3-year net profit CAGR of 14.3% for FY16-19.
? The Heinemann Asia Pacific partnership could result in strong gross margin expansion of 3-5ppt, in our view, This is on lower procurement cost and better inventory management leading to a shorter cash conversion cycle.
? Our target price of S$0.55 is based on DCF (WACC: 7.5%, terminal growth: 1%).
Potential earnings surprises are expected in FY18 as margin expansion could positively surprise.
hold on till tmrw for CNY red packet :)
anyone has updates on the warrants?
I firmly believe they will release more M& A news to act as catalyst to propel the stock price up. Watch this space. Akan datang.
