Latest Forum Topics / Courts Asia | Post Reply |
Courts Asia
|
|||||
guoyanyunyan
Elite |
12-Mar-2013 10:05
Yells: "uncertainty always exist" |
||||
x 0
x 0 Alert Admin |
SG Daily: Courts Asia Courts Asia is an under-rated direct play on the ASEAN consumption story. A retailer of furniture and electrical goods, its consumer financing facility differentiates it in the areas of superior margins and market leadership. We initiate BUY with a TP of $1.49, for upside of 63.7%. Courts’ unique in-house credit financing facility adds an alluring factor for investors, as it allows the facility to enjoy much higher margins than its competitors who rely on third party credit providers. Courts is able to tap into cheap funding to grow a non-retail income stream, and earn a lucrative spread. For its market position and sustainable growth model, we value Courts at a modest 16.4x FYMar14 earnings, on par with the best in Singapore for consumer products distributors, but 20% lower than regional retailers in high consumption countries such as Philippines, Indonesia and Thailand. |
||||
Useful To Me Not Useful To Me | |||||
guoyanyunyan
Elite |
19-Feb-2013 14:33
Yells: "uncertainty always exist" |
||||
x 0
x 0 Alert Admin |
... after hit high of $1.01, CourtsAsia keep retreat to $0.875 now. ... support at $0.81-0.82... ?.?.?... |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
guoyanyunyan
Elite |
08-Feb-2013 16:14
Yells: "uncertainty always exist" |
||||
x 0
x 0 Alert Admin |
Courts Asia  is doing quite well recently.... better than CoscoCorp, in about the same price range. Due to Lunar New Year shopping??  |
||||
Useful To Me Not Useful To Me | |||||
krisluke
Supreme |
27-Dec-2012 10:11
|
||||
x 0
x 0 Alert Admin |
Courts Asia: CEO note that grp is well paced for 2013, and such strategies include developing innovative new services, the regeneration of its shops and enhancing its online shopping experience so that Courts continues to stay ahead of the pack in an intensely competitive part of the retail sector. Grp add that although SG economy is slowing, the exceptionally healthy job mkt, with near full employment, is helping to support the retail industry as consumer confidence remains strong. However cautioned that eye-catching results will not be repeated every quarter as some of the co's growth strategies might not have an immediate impact. In addition to building its presence in Malaysia, grp will also expand into Indonesia, where the economy there is growing much faster than many of its regional peers, resulting in a rapid expansion of the middle-class section of the population. |
||||
Useful To Me Not Useful To Me | |||||
merlin_magic
Senior |
11-Dec-2012 12:15
|
||||
x 0
x 0 Alert Admin |
After stuck for 2 months which I bought 80 cents on the first day of IPO, I have managed to dump it at 85 cents...... | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
taybc1071
Senior |
18-Oct-2012 17:22
|
||||
x 0
x 0 Alert Admin |
if he threw at 0.82 on the 1st day, that's 5cts profit, not bad leh!
|
||||
Useful To Me Not Useful To Me | |||||
Bopanha
Master |
18-Oct-2012 15:16
|
||||
x 0
x 0 Alert Admin |
If I could borrow this share, I could have shorted 10 lots at the first day listing. Without borrowing, you need at least 2 cents difference for at least $100++ coffee cum lunch and cinema show with your gal. 
|
||||
Useful To Me Not Useful To Me | |||||
AnthonyTan
Elite |
18-Oct-2012 14:00
Yells: "patience" |
||||
x 0
x 0 Alert Admin |
In this game, u win some and u lose some. Remember not to lose until u pok. (bankrupt) |
||||
Useful To Me Not Useful To Me | |||||
|
|||||
Bon3260
Supreme |
18-Oct-2012 13:54
Yells: "Ooo Ooo Aaa Aaa!" |
||||
x 0
x 0 Alert Admin |
My friend v happily & told me dat day he subscribed 20 lots & got it all. But juz now I tried many times & called his Hp. Cnt reach him ley... ('',) Thk he muz b in Hospital now... Poor thg... : (
|
||||
Useful To Me Not Useful To Me | |||||
derekchong
Veteran |
18-Oct-2012 12:16
|
||||
x 0
x 0 Alert Admin |
this is a very tricky situation. you think it cannot drop so much and keep average down. BBs is there watching. they can create wonder and press the price down all the way to even $0.60. if they wanted to. |
||||
Useful To Me Not Useful To Me | |||||
grandjedi
Member |
18-Oct-2012 11:43
|
||||
x 0
x 0 Alert Admin |
why is this share dropping so much??? who is selling so heavily? | ||||
Useful To Me Not Useful To Me | |||||
merlin_magic
Senior |
18-Oct-2012 11:28
|
||||
x 0
x 0 Alert Admin |
Gone case... my 5 lots at 80 cents... Fell below IPO price...Champion... I dare you drop to 10 cents!!! | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
Bopanha
Master |
18-Oct-2012 11:17
|
||||
x 0
x 0 Alert Admin |
Ya, I already warned against applying for the shares before it was listed.
|
||||
Useful To Me Not Useful To Me | |||||
derekchong
Veteran |
18-Oct-2012 11:16
|
||||
x 0
x 0 Alert Admin |
$0.70 coming. collect slowly. | ||||
Useful To Me Not Useful To Me | |||||
kc0257
Member |
18-Oct-2012 00:19
|
||||
x 0
x 0 Alert Admin |
Dun worry! Their business model is very good. Wait for ipo people to clear off. Buy in at 70c. | ||||
Useful To Me Not Useful To Me | |||||
oldflyingfox
Master |
17-Oct-2012 21:13
|
||||
x 0
x 0 Alert Admin |
I think that was in 2008 or 09, you may google it. At that time,  minor shareholders were forced to sell it @0.55 or hold the shares as private company which I think most retailers were just sell it back. Therefore, if it was still the same controlling shareholder, then you could figure out their main interest is not align with the minor shareholders, they are just going after the $$ just like the ManUnited listed in USA. I  will just avoid such company for the time being even that I did hold  any previously.
|
||||
Useful To Me Not Useful To Me | |||||
Bopanha
Master |
17-Oct-2012 14:19
|
||||
x 0
x 0 Alert Admin |
That was long time ago, but for those who hanged on the old shares, do they convert to new shares free?  If so, they are lucky.  Congrats to them. For me I didn't hang on so lost the chance to recoup.     
|
||||
Useful To Me Not Useful To Me | |||||
oldflyingfox
Master |
17-Oct-2012 11:15
|
||||
x 0
x 0 Alert Admin |
It was delisted at 0.55 cents, but you have to consider the total number of shares too, it may be also different.
|
||||
Useful To Me Not Useful To Me | |||||
merlin_magic
Senior |
17-Oct-2012 10:36
|
||||
x 0
x 0 Alert Admin |
5 lots...=(..... | ||||
Useful To Me Not Useful To Me | |||||
neutral
Member |
16-Oct-2012 15:14
|
||||
x 0
x 0 Alert Admin |
u bot how many lots at 80 cts?
|
||||
Useful To Me Not Useful To Me |