ShareJunction - Member Posts

Back

Latest Posts By dealer0168 - Elite

About dealer0168

First < Newer 281-300 of 2601 Older> Last

04-May-2010 08:07

China Hongxing / China Hongx

Go to Message

x 0

oic...........

freeme ( Date: 03-May-2010 22:52) Posted:

The Overlook Partners' Fund L.P. CESSATION OF SUBSTANTIAL SHAREHOLDING

So they do not have to report anymore...

Thats my guess.. Time is near.. but not now! Standby ammo.. I will give the go.. hehe

dealer0168 ( Date: 03-May-2010 22:23) Posted:

Emm ???what makes u think FM is selling. If they are selling, it has to be make known as they are consider substantial share holder........

Good Post Bad Post

03-May-2010 22:29

MAP Tech / MAP tech

Go to Message

x 0

No matter how much u vest in, just have to remember this counter needs patience to ripe handsome rewards.

Good Post Bad Post

03-May-2010 22:25

ShareJunction / VIKING offshore

Go to Message

x 0

Viking is a promising counter. If things turns up well, its share value may jump...........

Cheers.

Good Post Bad Post

03-May-2010 22:23

China Hongxing / China Hongx

Go to Message

x 0

Emm ???what makes u think FM is selling. If they are selling, it has to be make known as they are consider substantial share holder.........

freeme ( Date: 03-May-2010 17:23) Posted:

I believe one FM is selling out their holdings.. so they might just place a big block at 0.14 to clear it off..

Once this FM is gone, I think got chance to fly

Good Post Bad Post

03-May-2010 22:19

Ying Li Intl / Ying Li

Go to Message

x 0

Ying Li says to post net loss in 1Q, 2Q

Tags: Ying Li Intl Real Estate

Written by The Edge

Monday, 03 May 2010 21:11

Good Post Bad Post

30-Apr-2010 22:02

MAP Tech / MAP tech

Go to Message

x 0

Want to load more is ok. But must be patience with this one. It may be a multi-bagger loh

29-Apr

Venue: Marina Mandarin Hotel
Time & date: 11 am, Apr 28

THE NON-EXECUTIVE chairman of MAP Technology assured shareholders that it views paying dividends as being key to what it means to be a “good company”.

Mr Robert Chia said: “We will do our best. Next year, I hope you will attend our AGM again and I hope you will say ‘thank you’.”

He was replying to a question from a shareholder at the company’s AGM.

Map Technology had paid out 60-70% of its net profit in 2007 and 2008 as dividends. However, for FY09, it is not paying a dividend because of losses.

The company’s fortunes appear to have brightened considerably.

Riding a boom in the Hard Disk Drive industry, it has reported 1Q profit of US$3 million, reversing a loss of US$1.34 million in the same quarter in 2009.

Some highlights of the Q&A session:

Robert Chia (centre, with tie) and Philip Foo (right, in jacket) speaking with shareholders after the AGM. Photo by Leong Chan Teik

Q The company’s attempt to list its shares as TDRs was rejected because of its losses in FY09. Was the board not aware of the requirement of the Taiwanese authorities?

Robert Chia: The initial indication from the authorities was positive. There were many layers and in the end, they decided not to approve our application. The reason we wanted to do the listing is to improve the liquidity of our shares and improve the shareholder value. But it happened that different authorities had different views.

Q There is a provision of doubtful debt of $13 million. Is that collectible or written off?

Philip Foo (executive director): We are taking legal action to recover it.

Robert Chia: This year we started afresh. We have done full 100% provision and any recovery of the debt will be positive to the company.

Q: Any more provisions expected this year?

Robert Chia: 2008 and 2009 were bad years for many companies. Fortunately, we are here today, which means our company survived. I don’t see any need to make provisions this year. I’m of the view, based on the 1Q result, we are very positive of the results for the whole year.

Q: A number of board directors have resigned and the CFO was terminated. Were these due to mismanagement of the company and because of the provisions made?

Robert Chia: In any family, there are always different views among siblings and spouses. It doesn’t mean mismanagement. As of Dec 31, this company has a net cash position of US$20 million, so the value is there. The company has not been mismanaged.

Good Post Bad Post

30-Apr-2010 15:28

China Hongxing / China Hongx

Go to Message

x 0

Heard is one of the popular brand in China.......

freeme ( Date: 30-Apr-2010 14:49) Posted:

px attractive.. but i dun think hx is consider one of the top sportwear maker? or isit?

dealer0168 ( Date: 30-Apr-2010 14:41) Posted:

Ya in actual is a attractive price now. Already have loaded with some. Now wait see see....... see need to load up more or not.

Remember this one is one of a TOP sportswear maker in China. N at this price, quite cheap liao.....

Good Post Bad Post

30-Apr-2010 14:41

China Hongxing / China Hongx

Go to Message

x 0

Good Post Bad Post

29-Apr-2010 22:48

Allgreen / Allgreen - Can buy ?

Go to Message

x 0

Yo yo yo....right. Hope it break further upwards..........

Cheers.

Good Post Bad Post

29-Apr-2010 13:36

Allgreen / Allgreen - Can buy ?

Go to Message

x 0

Allgreen Properties (A16.SG) is up 1.6% at $1.25 as 1Q10 profit improvement, undemanding valuation (trades at 0.82x P/B) draws buyers, says Dow Jones. “We believe the stock has lagged the run-up in the physical market,” says UOB KayHian, which has a “buy” call with $1.50 target; adds developer’s hotel, serviced apartment businesses expected to fare better in 2010 on increased tourist arrivals with Singapore’s two casino-resorts now in operation. Credit Suisse, which has “outperform” call with $1.60 target, says Allgreen has edge over peers as it still has 1.5 million square feet of land bank to capitalise on firm housing demand, while other developers have mostly depleted their land banks.

Good Post Bad Post

28-Apr-2010 21:41

Allgreen / Allgreen - Can buy ?

Go to Message

x 0

Why not. A good result. And now Dow is recovering n trading in green.

Let see tomorrow.

Cheers.

Good Post Bad Post

28-Apr-2010 21:32

Allgreen / Allgreen - Can buy ?

Go to Message

x 0

Yo indeed a good news...........

Cheers

Good Post Bad Post

26-Apr-2010 16:01

Rotary Engg / Rotary

Go to Message

x 0

Yo u right. This qtr profit will still be good (with the amount of contracts they have).....................

Cheers.

Good Post Bad Post

23-Apr-2010 23:14

Swiber / Swiber

Go to Message

x 0

In actual there is other option play for 1 lot games. Depend on how u play.

Not only to push down the price of the share price.

Btw swiber not quite good today. Hope got good news from it soon.

Cheers.

Good Post Bad Post

23-Apr-2010 23:02

Rotary Engg / Rotary

Go to Message

x 0

some ppl prefer not to get divi than opt out.

These are the traders that trades fr short/ fast profit.

Rotary is a good FA company, worth to hold long.

Remember if it clinch the US $10 billion contract from saudi, u will see a flying rotary.

Now let the weak hand go off first...............is also good

Good Post Bad Post

22-Apr-2010 22:00

Straits Times Index / STI to cross 3000 boosted by long-term investors

Go to Message

x 0

Good that DOW is in deep red first...............

Hope later part recover well like last few times...........

Cheers.

Good Post Bad Post

22-Apr-2010 21:27

Rotary Engg / Rotary

Go to Message

x 0

Below news may not be new but show positive outlook on Rotary (which is not only capital rich but also have good FA).

Buy n keep for better harvest.............

Small- & mid-cap stocks: CIMB-GK’s Tng sees upside in second-and third-liners after STI rally

Written by Joan Ng

Monday, 19 April 2010 15:39

Article Index
Small- & mid-cap stocks: CIMB-GK’s Tng sees upside in second-and third-liners after STI rally
Tech Stocks
All Pages

Page 1 of 2

When CIMB-GK Research launched its Singapore Small Cap Monitor last month, William Tng — one of the project’s key analysts — thought the research product would mostly be targeted at individual investors. But, the interest from the market has proved to be much broader than that.

“We’ve even had requests from institutional clients for this piece of work,” Tng tells The Edge Singapore in a recent interview. After the steep rise in heavyweight stocks over the past year that has lifted the headline Straits Times Index 59.2%, investors who are still confident that the market will stay buoyant are now diversifying into small-cap stocks that have yet to recover from the battering they took during the global financial crisis, he explains. “Bluechips typically lead a rally and so, right now, valuations may not be so attractive. At this stage of the market, investors tend to look at the laggards, and these are typically the smalland mid-cap stocks,” he says.

Small-cap stocks are, of course, more volatile than heavyweight blue-chips. In the first place, the market for their shares isn’t as broad or deep. That makes them susceptible to wide swings when investors try to get in or out. The lack of a broad investor following also makes analysts reluctant to spend time and effort covering them. “This means there is often no strong research coverage and investors may not know what is going on in the company,” Tng says. “Also, these are small companies. So, their profits tend to be quite small too — maybe in the range of one or two million. In a currency crisis, or a financial crisis like the one we just had, they can’t take a big hit.”

However, investors with the stomach for higher risks might find the higher returns from small-caps attractive now. “Some companies have been sold down and are now significantly below their book or cash values,” Tng says. “This provides some margin of safety.” But, investors ought to make sure that the company’s underlying business is also showing signs of recovery before jumping in, he adds. “So, if it’s loss-making, they need to come back to making a profit. There must be some kind of earnings-recovery story, whether in the quarterly reporting or from the industry.”

Gearing is another important metric to consider when handicapping small-cap companies. All things being equal, a company in a net-cash position is likely to be in a better position than a debt-laden company to cope with the ebb and flow of business cycles and maintain its dividend payouts.

Finally, Tng says, investors ought to spread their investment across a portfolio of smallcaps instead of focusing on one or two names. “Unless you have immense confidence in the company — maybe you’ve worked there before or you work in the industry — it’s not that wise to have 100% of your investment in one company.” Small-cap investing, he says, is about building a portfolio of maybe 10 stocks. Out of those 10, nine may fall flat, with the remaining one doing spectacularly. “Even a company like Microsoft started out as a small-cap once. That’s how you make your return,” he says.

(See Table: CIMK-GK’s top small-and mid-cap picks)

OFFSHORE OPPORTUNITIES

For ideas on how to build a small-cap portfolio, Tng has three sectors or themes that are looking particularly strong at the moment. The first is the oil-and-gas (O&G) sector, which is benefiting from positive fundamentals. “The O&G companies have been delivering. We now have higher oil prices, which means strong demand for exploration and production,” he says. When picking stocks in this sector, Tng says looking at order wins is key.

One stock that has been delivering on this measure is CSE Global, which installs IT, communications and other electronic systems on rigs. The company has been steadily winning contracts and its year-to-date order wins of $163 million are now 30% of CIMB-GK’s $550 million target for the year. The stock is currently trading at nine times CIMB-GK’s estimate of its FY2011 earnings, which Tng says is relatively undemanding, given its three-year compounded annual growth rate of 16% in its earnings. He also likes that the company has been steadily diversifying out of the O&G sector and into the healthcare industry.

Rotary Engineering is another company that has been winning new contracts recently. It provides various engineering, procurement and construction services to the O&G as well as petrochemical industries. A key catalyst in the near future could be the US$10 billion ($13.7 billion) refinery project in Saudi Arabia that Rotary is bidding to be part of. If Rotary secures this project, its earnings per share could rise 28% in FY2012. Even without the win, however, the stock is backed by net cash per share of 22 cents, versus its current share price of $1.15.

Another O&G play that Tng likes is Swiber Holdings, which provides a wide range of services to the offshore industry, including transporting and installing subsea pipelines and chartering out offshore support vessels. He says Swiber is a laggard among most of its offshore and marine peers, with a price-to-earnings ratio (PER) of eight times CIMB-GK’s FY2011 estimate, a 38% discount to the sector’s rolling forward mean PER of 13 times.

Good Post Bad Post

22-Apr-2010 21:17

Rotary Engg / Rotary

Go to Message

x 0

$2 why not possible.............If it manage to clinch the deal at saudi arabia & more other contracts.

But will not be a quick UP. Have to be patience.

Good Post Bad Post

22-Apr-2010 21:11

Swiber / Swiber

Go to Message

x 0

Someone is trying to press down the price to buy more.

Anyway this few days, we can see more buyer than seller at Swiber counter.

Looks very positive. I believe some good news may be coming.

Let continue to monitor n see.

Cheers.

Good Post Bad Post

22-Apr-2010 21:07

Citic Envirotech / ALERT: UtdEnvirotech.

Go to Message

x 0

Been waiting fr the climax of this babe to come. Hope it don't disappoint us.

Cheers.

lawcheemeng ( Date: 22-Apr-2010 20:30) Posted:

WAH ! UTD. DID A DOUBLE BOTTOM ( STOCHASTIC INDICATOR) SHLD BE ON IT WAY UP LIAO......

Good Post Bad Post

First < Newer 281-300 of 2601 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.