Undervalued share

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7 years 2 weeks ago #23704 by walterlim
Undervalued share was created by walterlim
found another undervalued share. AP Oil.

-Low PE ratio compared to its peers at 12.4.
-Zero debt and more than 80% of net cash vis a vis its market capitalisation.
-Also has a net current asset value per share of 27c.

Should have more room to run if oil price stabilise

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7 years 1 week ago #23735 by Big Fish
Replied by Big Fish on topic Undervalued share
hugely undervalued & laggards are making big moves today. Wow!
KSH Holdings + 15% ->63.5 cents
Lian Beng +11% --> 60 cts
Oxley; +5% -->59 cts

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7 years 1 week ago #23737 by walterlim
Replied by walterlim on topic Undervalued share
hi Big Fish,

Could you please justify how these shares you've mentioned are undervalued? Thank you

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7 years 1 week ago #23740 by Big Fish
Replied by Big Fish on topic Undervalued share
everyone knows that these counters (LB, Oxley, KSH and Heeton) made a very positive announcement yesterday about their Gaobeidian project?

FA-wise, Lian Beng is so cheap as it has trailing PE of 4.6 and a dividend yield of 3.3%

Lots of insider buying in 4Q 2016 at 45 cents.Did you get the signal then?

Recently LB won its largest ever construction contract of $435 m. This is big.



Likewise, KSH has trailing PE of 7 and dividend yield of 4.2%
robust balance sheet with cash equivalents of S$148.9m and is in a net cash position

recently KSH clinched big $147 m contract for building project in NUS.


Oxley same story. Expect next quarter results to boost its share price becos the next quarter and the following one should be good. Oxley set to recognise big revenue from overseas projects. Oxley's RNAV is way about $1.00 btw.

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7 years 1 week ago #23741 by walterlim
Replied by walterlim on topic Undervalued share
According to my understanding, KSH has a debt of $71m. so the net cash position would be much lesser than what you've mentioned in the cash equivalents of $148m.

Nonetheless the positive news yesterday will exert an upward trend in the share prices of these stocks

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7 years 3 days ago #23771 by walterlim
Replied by walterlim on topic Undervalued share
Shares trading at high of 30.5 cents today. Has risen 15% since the date of my post at 26.5cents.

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