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NextInsight :: SGX Stocks |
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Subject :Re:Stocks trading at/below net cash..
15-02-2013
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Subject :Re:Re:Re:Stocks trading at/below net cash..
17-09-2012
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| yeh |
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| Platinum Boarder |
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Joined: 19-09-2010
Posts: 523
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You are lucky, Jameskuwe. This DAPAI stock is bombed out.
Is its cash level higher than the stock price?
[jameskuwe 24-01-2012]:
I did a check of Dapai last year but decided to stay away. Not attractive to me.
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Subject :Re:Stocks trading at/below net cash..
02-07-2012
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| Rock |
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Vicom 5-bagger in 5-years is already history, Yield only 3.5% must as well look for Reit.
Go check up CORDLIFE, potential future 5-bagger. Company business already established & is on growth path. Yield is higher than Vicom. |
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Subject :Re:Re:Vicom..
01-07-2012
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| Zane |
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Vicom peaked at 4.35 in April 2012, but has been weak since. At 4.11 it's trading at 3.5% yield and 14X PE. Doesnt look like a bargain at all
[Dele 24-01-2012]:
There was a good article on Vicom titled:
VICOM: A rare 5-bagger in 5 years but....Would you buy it now?
http://www.nextinsight.net/index.php/story-archive-mainmenu-60/912-2011/4101-vicom-a-5-bagger-in-5-years-but
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Subject :Re:Stocks trading at/below net cash..
07-02-2012
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Subject :Re:Re:'Have I missed the boat?'..
04-02-2012
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| jameskuwe |
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| Expert Boarder |
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Joined: 19-11-2011
Posts: 111
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Can still buy fujian zhenyun at $$0.18. not much changed. |
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Subject :Re:'Have I missed the boat?'..
04-02-2012
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| Joes |
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| Platinum Boarder |
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Joined: 15-12-2009
Posts: 721
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Yes, missed the boat, honey. Monday, the boat is steaming ahead, pulled by the sterling performance of the US and European markets on Friday.
[garl 26-01-2012]:
Got a call from my gf: 'Have I missed the boat?'
:-)
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Subject :'Have I missed the boat?'..
26-01-2012
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Subject :Re:Vicom..
24-01-2012
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Subject :Re:Re:Re:Re:Stocks trading at/below net cash..
24-01-2012
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| vogue |
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| Fresh Boarder |
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Joined: 11-01-2012
Posts: 2
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I just found a great stock called VICOM. Check out this analysis, it's really good!
http://sgyounginvestor.blogspot.com/2012/01/initiation-of-coverage-on-vicom-at-361.html |
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Subject :Re:Re:Re:Stocks trading at/below net cash..
24-01-2012
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| jameskuwe |
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| Expert Boarder |
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Joined: 19-11-2011
Posts: 111
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What do you all think of ARA, Qingmei, Rotary, Eratat and Sapphire personally? (Heard Macgyver's comments on Sapphire already- thanks) |
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Subject :Re:Re:Stocks trading at/below net cash..
24-01-2012
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| jameskuwe |
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| Expert Boarder |
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Joined: 19-11-2011
Posts: 111
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I did a check of Dapai last year but decided to stay away. Not attractive to me. |
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Subject :Re:Stocks trading at/below net cash..
24-01-2012
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| MacGyver |
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| Platinum Boarder |
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Joined: 19-07-2007
Posts: 462
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Going by what I saw in Xiamen and Quanzhou, Dapai is a crap company and the next S-chip likely to blow when the auditors start checking its accounts.
Buyers beware. |
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Subject :Re:Re:Stocks trading at/below net cash..
24-01-2012
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| jameskuwe |
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| Expert Boarder |
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Joined: 19-11-2011
Posts: 111
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I don't think any of these companies exist. They would have been bought over by bigger companies. But there are small caps that are cash rich, but they will eventually be bought over too. EG- C&O Pharma, trading around 33 cents but bought over by big Jap company for 50 cents last year. Made a bit :-)) |
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Subject :Re:Stocks trading at/below net cash..
24-01-2012
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| greenrookie |
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| Gold Boarder |
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Joined: 16-06-2010
Posts: 244
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Hi piper,
I used to invest in china paper, it was 13 cents when I bought it. Not sure if it's present a good value at current pri e, but maybe I can share with u why I sold out.
1) over the past 4 yrs, there are 2 or 3 fund raising through issue o rights although their cash would be enough for their expansion plans.
2) I used to buy in then as they were planning for expanded capacity for coated papers. Profits did improve when the coated papers production starts but only for 1-2 quarters. Afterwhich the profits fell again. Profits have been highly unstable on a coaster ride.
3) their plans for a power generator meets with roadblock, this incident dOesn't leave me a good impression on the execution capabilities of management. How difficult is execution of such a plan? Why have they failed??
4) cash is due to fundraising and not due to operation competitiveness. I would still give it a miss. Just my 2 cents worth... |
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Subject :Re:Stocks trading at/below net cash..
24-01-2012
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Subject :Re:Stocks trading at/below net cash..
03-06-2009
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| piper |
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| Fresh Boarder |
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Joined: 03-06-2009
Posts: 1
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Hi I am a new player in value investing. Would anyone consider China Paper to be trading at/below (near) net cash?
It has zero debt and moving towards less cyclical educational printing biz and stock price is below Net Current Asset Value.
Wonder if anyone is also monitoring and studying the company?
Any comments on this company by the veterans here? I would like to learn from you. :) |
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Subject :Re:Stocks trading at/below net cash..
22-02-2009
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| Gary Teh |
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| Gold Boarder |
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Joined: 11-02-2008
Posts: 172
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China Zaino = $0.18 net cash per share (negligible current liabilities and loans)
1. Market leader in the backpack
2. Focus company
3. New luggage segment showing strong growth - yes you can still grow in a recession as price becomes an all important competitive edge.
4. Building a mind share position in bags segment in china
5. Balance sheet strength
6. Trading at forward PE of 2.5 |
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Subject :Re:Stocks trading at/below net cash..
22-02-2009
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| Gary Teh |
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| Gold Boarder |
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Joined: 11-02-2008
Posts: 172
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China Milk -
(Cash - all liabilities)= 0.24 cents cash in hand.
1. High margin business
2. Significant moat
3. Downstream milk processing which would boost earnings significantly going forward in 2010.
4. Main beneficiary of the recent melamine scandal. Major inflection point and also strength China Milk position being quality orientated.
5. Recent earnings showed resilience in earnings.
6. Huge potential in the dairy industry in China as the younger generation is only in the infancy of having dairy products as part of main diet.
7. Balance sheet is clean and healthy.
8. Cost of feed contain by the fact that they grow their own or from domestic sources and that they have their own manure...plenty of them.
9. Investment in R&D which will sustain their competitive position going forward.
10. I generally like the food industry which does well regardless of economic climate. |
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Subject :Stocks trading at/below net cash..
22-02-2009
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| MacGyver |
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| Platinum Boarder |
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Joined: 19-07-2007
Posts: 462
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Hi All,
In response to Bro Gary\'s request, I have set up a new thread, discussing companies trading at/below net cash.
Nextinsight highlighted Best World with net cash of $30.6 million.
Best World closed at 15 cents on Friday. The market cap of the Company is $30.9 million. Almost the same level as its net cash.
An investor buying at 15 cents is getting the business for free.
Unless the business is losing money in 2009, which I understand, would not be the case, buying the stock now while waiting for the rebound, and getting compensated with a 5-10% dividend yield sounds pretty attractive to me.
Any other companies to highlight? |
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