Willas Array: PE 3X

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13 years 5 months ago #4712 by yeng
Willas Array: PE 3X was created by yeng
Willas Array has caught my attention with its 61% jump in net profit in 1H of this year which was 6 months ended 30 September.

If I double the half-year EPS for the whole year, it will be around 6 Singapore cents ---- so the PE is only 3X if I divide current stock price of 18 cents by 6.

Cheap Cheap!

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13 years 4 months ago #4926 by Dongdaemun
Replied by Dongdaemun on topic Re:Willas Array: PE 3X
Willas has not caught the eye of the market yet. Still 18.5 cents.
Maybe the results reporting season will trigger a run-up if the market thinks the 4Q will be excellent just as its first 9 months were.

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13 years 4 months ago #4967 by pine
Replied by pine on topic Re:Willas Array: PE 3X
No market interest in this undervalued stock.

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13 years 3 months ago #5087 by pine
Replied by pine on topic Re:Willas Array: PE 3X
Willas-Array proposes 1-for-5 rights issue to finance business expansion and strengthen working capital  
• Plans to raise between S$5.9 million to S$8 million in net proceeds 
• Issue price of S$0.12 represents a discount of approximately 35% to the closing price 
of S$0.185 on 26 January 2011.

  info.sgx.com/webcoranncatth.nsf/VwAttach...2011.pdf?openelement

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12 years 11 months ago #6074 by pine
Replied by pine on topic Re:Willas Array: PE 3X
news ---- Recommends a first and final dividend of 1.65 Singapore cents.
Nice yield of 10.6% .

Stock continues to be overlooked by the market.

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12 years 11 months ago #6076 by marcus168
Replied by marcus168 on topic Re:Willas Array: PE 3X
One thing that puzzel me.
The give dividend 1.65 cents.
Two month ago they issue new share at 12 cents 1 for 5 shares.
Basically waste all the admin charge and banker charge for issuing share. 
Get money from shareholder by issuing new share  and GIVE Back to shareholder by giving dividend. 
 
Should just don't issue share and give dividend.  This is Hokkien called LAN PA PA LAN

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