Stocks to Watch

15 Jan 2018 09:41 #24210 by walterlim
walterlim replied the topic: Stocks to Watch
expecting buying interest of Tat Seng to increase ahead of financial result release in Feb. As indicated in Hanwell's report previously, revenue and net income of Tat Seng has helped to boost its earnings. Should be expecting Tat Seng to do well

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24 Jan 2018 11:02 - 24 Jan 2018 11:03 #24238 by pine
pine replied the topic: Stocks to Watch

The Edge Singapore

Delong up 7.4% as shareholder Evraz says steelmaker 'undervalued'
By: PC Lee
23/01/18, 12:05 pm

SINGAPORE (Jan 23): Delong Holdings, the Singapore-traded steelmaker with assets in China, jumped 26 cents to $3.76 with 182,000 shares traded.

The stock has risen 44% since Evraz Plc, a Russia steelmaker that owns a 15% stake in Delong, said in a Dec 2017 interview with Bloomberg that the company was undervalued because large investors have long ignored the stock.

Fair value could be US$4 billion to US$5 billion , compared with its current market value of about $200 million , said Aleksey Eberents, director for corporate strategy for Evraz in an emailed interview.

Delong’s enterprise value to EBITDA was less than 1, compared with a typical ratio in China of 10 to 12. Ebitda would be US$390 million in 2017, highest in seven years, he added.

Delong has US$620 million in cash and planning new projects, which could increase its value.

If the value of Evraz’s stake in Delong increased, then the company may sell it to fund other projects or pay higher dividends, Oleg Petropavlovskiy, analyst at BCS Global Markets, was quoted by Bloomberg as saying.
Last Edit: 24 Jan 2018 11:03 by pine.

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06 Apr 2018 20:53 #24319 by yeng
yeng replied the topic: Stocks to Watch
ISOTEAM is showing fantastic technicals, and FA.

Share price jumped from 33 cents two weeks ago and touched 37.5 cents today.
Company did share buyback in Feb and followed that up with $24 m contract wins announcement.

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11 Apr 2018 21:02 #24327 by yeng
yeng replied the topic: Stocks to Watch
Fu Yu, for your consideration:

1. Final Dividend 1.5 cents. (252% payout ratio!).

2. No borrowings. Cash = $95 million!

3.Market cap = $143 millon.

4. Top 20 shareholders include: 2G Capital (6 million shares) & Jeremy Lee (6 million shares).

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Share Prices

Counter NameLastChange
AEM Holdings6.730-0.260
Alliance Mineral0.3650.005
Avi-Tech Electronics0.480-0.005
Best World Int.1.580-0.010
China Sunsine1.5100.050
DISA Limited0.010-
Dutech Holdings0.2700.020
Federal Int. (2000)0.3550.005
Food Empire0.660-0.005
Geo Energy0.230-
Golden Energy0.370-0.005
GSS Energy0.159-0.001
Heeton Holdings0.570-
KSH Holdings0.665-0.010
Lian Beng Group0.625-0.010
Nordic Group0.550-0.015
Oxley Holdings0.485-0.010
REX International0.0520.001
Serial System0.171-
Sing Holdings0.440-0.005
Sino Grandness0.197-
Straco Corp.0.810-
Sunningdale Tech1.720-0.010
Sunpower Group0.480-0.005
The Trendlines0.122-0.002
Tiong Seng0.390-0.005
Trek 2000 Int.0.230-0.010
Uni-Asia Group1.4300.020
XMH Holdings0.300-
Yangzijiang Shipbldg1.210-0.030

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