Back

Latest Forum Topics / CWT

Post Reply

CWT ONE FOR ONE BONUS Post Reply Rate topic
knightrider Elite	10-May-2011 11:26        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	SINGAPORE EQUITY Investment Research DMG & Partners Research   1Q11 Results Review   Private Circulation Only LOGISTICS  Selena Leong    CWT: S$1.29                                                                 BUY (TP: S$1.45)  New warehouse in the pipeline  CWT's 1Q11 results were in line with our expectations, making up 20.4% of our FY11 estimates. Earnings were down 27.9% YoY mainly due to start-up costs from its expansion into the commodity business, lower depreciation in 1Q10 and a change in revenue composition with the coal supply chain management business. We remain positive over CWT’s long term prospects with its continued business development initiatives which include the development of a new warehouse. Maintain BUY and TP at S$1.45, based on 20.8x FY11 earnings (a 20% discount to global peers’ 7-year historical average). An expected fall in earnings.  CWT’s 1Q11 earnings were down 27.9% YoY, coming in at S$8.4m. Start-up costs from the expansion into the commodity futures brokerage and commodity supply chain management business, no depreciation in 1Q10 for two properties under the sale and leaseback agreement, a change in revenue composition with the coal supply chain management business and the absence of the resilence budget saving and a one-off gain from disposal from an associate in 1Q11 contributed to the drop in earnings. Revenue jumped 13.1% YoY to S$189m, attributable to an increase in business activities on the whole and coal supply chain management business.  Update on warehouses.  CWT is building a new 725k sqf CWT Cold Hub 2, along a recently acquired land along Fishery Port Road. The company targets to complete Cold Hub 2 in Jan 2013 and it is expected to cost ~S$100m. Pandan Logistics Hub is targeted to be completed in 4Q11 and Logistics Hub 3’s customers will be commencing operations there within the next two months.  New business initiatives.  CWT is developing a S$10m transport hub (Transhub) that provides a multi-modal hub for loaded containers and facilities for chassis parking. Transhub provides shared resources for local hauliers to improve efficiency through sharing of resources and better management of trucking operations. Phase 1 construction for container storage, is expected to be completed by 3Q11. Phase 2 comprising of a vertical chassis parking facilities and additional container storage area, is expected to be completed by 1Q12.
Useful To Me  Not Useful To Me
knightrider Elite	10-May-2011 11:20        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Still looking positive for this one !
Useful To Me  Not Useful To Me
davidoch Member	29-Apr-2011 21:02        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	No sure what is going on... My wife told me not to panic..
Useful To Me  Not Useful To Me
knightrider Elite	29-Apr-2011 17:05        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Sori, I mean now S$1.3 !!! knightrider      ( Date: 29-Apr-2011 17:04) Posted: Walau, just because of XD, it come down S$0.06, no logic, the CD only S$0.025 ! Overdone !!!! Now only   S$0.131.
Useful To Me  Not Useful To Me
knightrider Elite	29-Apr-2011 17:04        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Walau, just because of XD, it come down S$0.06, no logic, the CD only S$0.025 ! Overdone !!!! Now only   S$0.131.
Useful To Me  Not Useful To Me
tea444u Master	27-Apr-2011 19:51        tea444u About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	HI folks...can anyone advise...is this better than cse?
Useful To Me  Not Useful To Me
davidoch Member	21-Apr-2011 09:38        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	knightrider Siao Liao...1.41...going strong..
Useful To Me  Not Useful To Me
davidoch Member	20-Apr-2011 11:09        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	going up.... 1.42, then 1.5...
Useful To Me  Not Useful To Me
knightrider Elite	18-Apr-2011 11:35        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	" mg chai leh" - " don't know ! But today morning Ch 8, on money investing. mention that shipping, marine stocks to surge, thus, logistic and warehousing is related to shipping, thus it also move ! My guess, I will continue to hold on to S$2 at least. Good Luck. davidoch      ( Date: 18-Apr-2011 10:26) Posted: knightrider , any brewing , why there is surge ?
Useful To Me  Not Useful To Me
davidoch Member	18-Apr-2011 10:26        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	knightrider , any brewing , why there is surge ?
Useful To Me  Not Useful To Me
knightrider Elite	11-Apr-2011 12:43        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	knightrider      ( Date: 05-Apr-2011 12:29) Posted: Did u attend the AGM ? I attended. The management is a truth businessman, I will hold this counter and collect the coming dividends. If the economy is alright, no special disasters, then this counter will hit S$2 to S$2.50 then I cash out. BTW, I hold this counter for 16yrs liao, recent accumulative is to add higher steak in my investment. I added at S$1.22, S$1.21 etc. Good Luck.
Useful To Me  Not Useful To Me
davidoch Member	11-Apr-2011 11:02        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	Knightrider, CWT  Siao Liao...up..up....all the way..
Useful To Me  Not Useful To Me
knightrider Elite	05-Apr-2011 12:36        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	knightrider      ( Date: 22-Feb-2011 12:09) Posted: Now is not good time to unload, market haven't crashed. Good Luck.
Useful To Me  Not Useful To Me
knightrider Elite	05-Apr-2011 12:34        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	knightrider      ( Date: 22-Feb-2011 10:11) Posted: Just buy some today at S$1.24. Good Luck.
Useful To Me  Not Useful To Me
knightrider Elite	05-Apr-2011 12:29        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Did u attend the AGM ? I attended. The management is a truth businessman, I will hold this counter and collect the coming dividends. If the economy is alright, no special disasters, then this counter will hit S$2 to S$2.50 then I cash out. BTW, I hold this counter for 16yrs liao, recent accumulative is to add higher steak in my investment. I added at S$1.22, S$1.21 etc. Good Luck.
Useful To Me  Not Useful To Me
davidoch Member	05-Apr-2011 11:56        davidoch About Contact  Quote this Post!
x 0   x 0  Alert Admin	Knightrider , me too. ave at 1.16 not sure when shoudl get out?
Useful To Me  Not Useful To Me
knightrider Elite	05-Apr-2011 11:18        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	knightrider      ( Date: 22-Feb-2011 16:00) Posted: Buy another batch at S$1.22 !
Useful To Me  Not Useful To Me
knightrider Elite	05-Apr-2011 11:17        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	knightrider      ( Date: 22-Feb-2011 16:38) Posted: Buy some at S$1.21 to average !
Useful To Me  Not Useful To Me
bishan22 Elite	05-Apr-2011 09:37        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Siao liao, up another 0.06 cts. Those vested, congra.
Useful To Me  Not Useful To Me
knightrider Elite	04-Apr-2011 16:11        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	S$1.3 liao !!! fragaria      ( Date: 04-Apr-2011 15:33) Posted: CWT Ltd (CWT SP, $1.25, BUY, TP $1.90) – Is a Noble in the making? CWT has signalled its intention to venture into commodity trading. Our latest discussions with management indicate that there is massive potential in this business, given the company’s experience in logistics. We now see a potential multi-bagger at an early stage of growth. We raise our SOTP-based target price to $1.90, implying 52% upside. Reiterate BUY.
Useful To Me  Not Useful To Me

                                                         First   < Newer   181-200 of 484   Older>   Last