Post Reply
5701-5720 of 11116
oh. I know already. the shares were issued at different period of the year. Hence when you calculate the average number of shares, it amounts to about 2415million.
srichipan ( Date: 15-Mar-2013 19:46) Posted:
|
I see.. now i m clear. Eps before share diluted = 35mil/ 2333mil shares, so is $0.015. After diluted to total share of 4660mil. Its EPS = 35mil/ 4660mil shs, so become $0.0075.
Now the Question is Ipco will trade @ P/E in what ratio? If PE 6, then share value=$0.0075 x 6 =$0.045.
If like what bigmama said, ipco only trade at PE= 2.5, then it will bacome $$0.019 only. Scare~~
Now the Question is Ipco will trade @ P/E in what ratio? If PE 6, then share value=$0.0075 x 6 =$0.045.
If like what bigmama said, ipco only trade at PE= 2.5, then it will bacome $$0.019 only. Scare~~
nqing87 ( Date: 15-Mar-2013 19:33) Posted:
|
yes, that's why i couldnt figure out how basic & dilute EPS is the same.. when now diluted got more shares..
srichipan ( Date: 15-Mar-2013 19:46) Posted:
|
Ipco 108956000
That is some crazy volume of shorts > .<
Correspondingly, in 9M FY13 the Group had a Net Profit Attributable to Shareholders of S$36.3 million and Earnings per Share of 1.50 Singapore cents
(Based on 2,415,899,624 basic and diluted weighted average number of ordinary shares in issue at 31/01/13)
Anyone knows why 2415 million shares were used instead of the 4660 million?
nqing87 ( Date: 15-Mar-2013 19:33) Posted:
|
Thats why they courted dato n ewdard lee.
srichipan ( Date: 15-Mar-2013 19:37) Posted:
|
Probably that is also why ipco P/E ratio so low.. 'cos most of the money they earn are via shares investment.. hopefully they can announce something of what to do with the cash they got, to develop their business etc for more sustainable growth.. that could stir up ppl interest to buy & speculate the shares
srichipan ( Date: 15-Mar-2013 19:37) Posted:
|
Hmm. but the thing is in the long term they must really develop their business properly. Because without the gain from the sale of blumont, they would have recorded a net loss for the period. And I think it's not viable for them to keep on earning money from invest in shares to earn money. I think the oil and gas is the way for them to go.
China want to clean up the air. No more coal burning. Thats why i didnt wait for 25 as i wanted to n jumped in at 31
srichipan ( Date: 15-Mar-2013 19:23) Posted:
|
Bro Bigmama, can xplain why Ipco only trade @ such Low PE range fr 2 to 2.5?? I tot most of reasonable price stock are trade @ PE 6 to 12 at current market?
Bigmama ( Date: 15-Mar-2013 19:14) Posted:
|
I have a problem trying to calculate the EPS.. base on 4.6billion shares, and their profit 9mth which is about 35mil, 35mil/4.6bil = about $0.0075 (0.75 cents) EPS.. How did they arrive at 1.5 cents EPS? I also couldnt figure out how diluted & basic EPS is the same.. Anyone can advise? thanks!
Their oil and gas production is something to look out for in the future. 30-year exclusive contract. Should bring them a lot of revenue
Damn not got major prob before result i expect to sell around 4 cent now how much!!!???!!! How much what is my new TP gonna be? Haiz need e weekend to think properly...
1.5cents is for the 9-month period only right? not the full year
Lifeisgreat ( Date: 15-Mar-2013 19:01) Posted:
|
THATS WHAT IM TALKING ABOUT!! Better den expected!! Congrates peeps!! Those who say IPCO IS RUBBISH... IN UR FACE!!! Okie i have calm down. If monday got sell down im gonna scope more. Cause its just one way of bb play!!!
Ipco don't trade at PE= 6.... It trade at 2 to 2.5 times so its 3 to 3.8 cents.
valuebuyer ( Date: 15-Mar-2013 19:08) Posted:
|
So ipco currently is still undervalue
srichipan ( Date: 15-Mar-2013 19:06) Posted:
|
Wow!! Wu ya bo? Sure? Then taking lowest PE =6, its true value = 6 x $0.015, mean it will cheong to $ 0.090??
Lifeisgreat ( Date: 15-Mar-2013 19:01) Posted:
|
Monday chiong already!!!
Took a quick look at the financial statements. Summarized the key takeaways for fellow bros.
1. Revenue from main business (Semi-Conductor, Real Estate in US and Oil & Gas in China) dropped 7%
2. Expenses for the 3rd quarter increased, but total expenses for the 9-month period decreased
3. Other revenue increased 3 fold compared to last quarter due to realized gain on financial asset (which I think is Blumont)
3. Hence total profits for 3rd quarter is 15million.
4. Included in the comprehensive income is 79million gain on financial assets. (Not reflected as profits since they have not sold)
5. Sufficient cash to pay of short term liabilities
6. 9m FY13 P/E ratio approximately 2. (The estimated P/E ratio for the full financial year should be lower than 2)
7. NAV 0.07
8. NTA 0.061
Prospects for the future:
1. The Group holds an 81.25% equity interest in ESA Electronics Pte Ltd (¨ESA¨). ESA is a Singapore-incorporated company and acts as agents and distributors of semi-conductor back-end equipment, such as burn-in systems, vision inspection systems and test systems. The demand for burn-in boards by semi-conductor manufacturers has decreased due to the uncertain worldwide economy, affected by volatile financial markets in Europe, and this may continue until European financial markets stabilize and consumer confidence is restored.
2. The Group’s wholly-owned subsidiary Excellent Empire Ltd, in turn via its wholly-owned subsidiary China Environmental Energy Protection Investment Ltd (“China Environmental”), holds a 90% equity interest in four companies supplying natural gas under 30-year exclusive contracts in the cities of Anlu, Dawu, Xiaochang, and Guangshui in Hubei Province, PRC. The strong revenue growth in China Environmental’s four operating subsidiaries should continue over the next year. On 28 January 2013 the company began to supply natural gas to a limited number of households in Guangshui, and construction of the gas distribution network and CNG station is expected to accelerate during the coming months
3. Asia Plan Ltd, in which the Group holds a 70% equity interest, is engaged in real estate development near Seattle in the state of Washington, USA, via its wholly-owned subsidiary Capri Investment L.L.C (" Capri" ). There are signs of a revival in home construction in the Seattle area, as many previously foreclosed homes have cleared the market at low prices. However, as the general market has been improving, competing developments are offering more lots for sale in the vicinity. Although no lot sales were recorded in 3QFY2013, we expect sales to revive in the near future. Accordingly, development of the next phase to comprise approximately 100 finished lots is expected to commence in the next few months
The Company’s management believes the China natural gas distribution business has considerable growth potential and intends to place a greater emphasis on this sector