Nordic Group

More
06 Apr 2015 14:07 #22028 by Bestworld
Replied by Bestworld on topic Nordic Group
Breaking out.....

Please Log in or Create an account to join the conversation.

More
14 Apr 2015 05:42 - 14 Apr 2015 23:27 #22067 by axe
Replied by axe on topic Nordic Group
Briefly glanced through Nordic's annual report. Seems like the company is confident of closing the deal with AE as it is mentioned in the report several times. Furthermore, they reiterated their committed to a 40% dividend payout and surprisingly initiated a share buyback mandate.

No material changes from the initial analysis except for the share buyback which is a positive.

Update: Sale and Purchase Agreement filed. Acquisition will be no later than 30th June and contingent on getting shareholder approval in the EGM.
Last edit: 14 Apr 2015 23:27 by axe.

Please Log in or Create an account to join the conversation.

More
17 Apr 2015 16:51 #22085 by Bestworld
Replied by Bestworld on topic Nordic Group
The best is yet to come!

Please Log in or Create an account to join the conversation.

More
20 Apr 2015 17:56 #22094 by Rich
Replied by Rich on topic Nordic Group
Nordic clinches scaffolding contract worth S$7 million for Chevron’s new process units

This is not the same type of contract as that for shutdown/mainentance for Chevron, right? Spread over 2 years, the revenue per year is about $3.5 M but company said "with bulk of the work done scheduled in FY2016."

Please Log in or Create an account to join the conversation.

More
22 Apr 2015 15:29 #22102 by Bestworld
Replied by Bestworld on topic Nordic Group
More upside expected...

Please Log in or Create an account to join the conversation.

More
22 Apr 2015 18:37 #22105 by gangho
Replied by gangho on topic Nordic Group

Bestworld wrote: More upside expected...


What is the chance? Isn't the PE is quite high at 9+ now for a penny which is relatively unknown in the market place?

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings4.030-0.050
Avarga0.3700.035
Avi-Tech Electronics0.410-
Best World Int.1.360-
China Sunsine0.485-0.005
Food Empire0.910-0.005
Golden Energy0.155-
GSS Energy0.061-0.002
InnoTek0.700-0.010
ISDN Holdings0.575-0.015
ISOTeam0.124-0.003
IX Biopharma0.245-0.005
JB Foods0.565-0.010
KSH Holdings0.340-
Leader Env0.170-
Medtecs Intl1.100-0.010
Moya Asia0.072-0.001
Nordic Group0.240-
Oxley Holdings0.235-0.005
Procurri0.285-0.015
REX International0.172-0.004
Riverstone1.360-0.010
Roxy-Pacific0.350-
SingMedical0.3800.005
Sri Trang Agro2.250-0.070
Straco Corp.0.560-
Sunpower Group0.800-0.030
The Trendlines0.089-0.002
UG Healthcare0.645-0.015
Uni-Asia Group0.605-0.005
Wilmar Intl5.280-0.120
Yangzijiang Shipbldg1.0700.010
Yinda Infocomm0.120-

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 444 guests and no members online