Special Situation stocks

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2 years 4 months ago - 2 years 4 months ago #25896 by BNN
Replied by BNN on topic Special Situation stocks
Guest Presentation by Nordic Group Limited
hosted by Phillip Securities

1 dec , 1.30 pm -2.30 pm

to register: bit.ly/3195LVc


 
Last edit: 2 years 4 months ago by BNN.

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2 years 3 months ago #25909 by Joes
Replied by Joes on topic Special Situation stocks
Nordic's best years are yet to come, if its target acquisition Starburst is steady in its business unlike the past history of ups & downs. Starburst on current numbers has a very high profit margin, and is nicely earnings accretive for Nordic. 

I guess Nordic won't be able to acquire 100% of Starburst since there has not been much selling by minority shareholders. Nordic already has minimum of 69.7% from the sale by two key vendors.  

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2 years 2 months ago #25933 by BNN
Replied by BNN on topic Special Situation stocks
Riverstone is perking up as a huge final dividend is expected.
CIMB report forecast 48 RM cents for FY21. 

rfs.cgs-cimb.com/api/download?file=70311...68-97bf-f240e5db6bf0


Interim was 10 RM cents, so 38 RM cents for final is forecast. Equivalent to 12.5 SG cents.
What a bumper dividend if that materialises. Compare it with Share Price of 76 cents, hor. 

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2 years 1 month ago #25934 by BNN
Replied by BNN on topic Special Situation stocks
Exactly as CIMB forecasted: Riverstone has proposed 28 sen dividend!
comprises 10 sen special dividend and 38 sen final dividend. 

links.sgx.com/FileOpen/Riverstone%20-%20...cement&FileID=703107


This is a huge reward coming from a bumper 2021 year of profit.

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1 year 8 months ago #25996 by Joes
Replied by Joes on topic Special Situation stocks
Samudera had a whopping 1H2022 profit of US$172 million!

Samudera’s market cap is around S$560m. Thus, 1.2x annualized FY22 PE
3.7% annualized yield.

Am concerned about peak in earnings with freight rates having trended down. Samudera has locked-in mid- long-term charters no doubt, but the normalisation of rates will catch up.dyor!

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1 year 8 months ago #26001 by Joom
Replied by Joom on topic Special Situation stocks
Indonesian minister warned of export bans for coal producers which fail to meet Domestic Market Obligations.

splash247.com/indonesia-dishes-out-further-coal-export-bans/

safety4sea.com/indonesia-to-impose-more-coal-export-bans/


In an earlier episode in Jan 2022, Geo Energy & Golden Energy proved to be good guys, having met their DMOs and were allowed to export again. 

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