Straco -- gem?

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29 Nov 2015 10:18 #22712 by BNN
Replied by BNN on topic Straco -- gem?
You know, Chinese institutional investors are buying up Cordlife + Asiatravel.com, among others. Can you imagine them coming into Straco? Holy cow! They will pay S$2.00 for the stock without blinking, I am sure.

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24 Feb 2016 22:17 #22899 by Rock
Replied by Rock on topic Straco -- gem?
Straco FY2015 revenue increased by 38.3% to $127.66 million & net profit increased by 30% to $49 million.

*. FY2015 EPS = 5.74 cents. Dividend increased from 2 cents to 2.5 cents.
*. For the year operating activities generated net cash of $65 million, 76% higher than previous year.
*. FY2015 Singapore Flyer contributed approximately 19% of the group profit.
*. Loan payment for the year of $21.36m
*. Cash flow for the year increased from $112.5 million to $136.5 million

Straco is a cash generating machine. For the year loan payment of $21.36 million, increased dividend from 2 cents to 2.5 cents and increased it cash flow by another $24 million to $136.5 million. At this rate Singapore Flyer will be full pay in another 3 years and at the same time able to build up a strong cash position.
The following user(s) said Thank You: Dongdaemun

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25 Feb 2016 07:34 #22901 by Dongdaemun
Replied by Dongdaemun on topic Straco -- gem?
Rock, you have a talent for picking high quality stocks and the conviction to hold them for a long time to realise their growth / value!

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25 Feb 2016 20:10 #22906 by Rock
Replied by Rock on topic Straco -- gem?
Gal, it is not easy to find growth stock like Straco which increased its revenue and profit yearly. In addition to The Singapore Flyer Straco had build another profitable venture. Last year when Straco trade at it's high of $1.09 I had take some profit. Straco is still my top pick, reasons:

* Straco is trading at 13.9x PE and ex cash is trading at 10.6x PE (Share price @ 80 cents)
* FY 2014 operating activities generated net cash of $37 million &
FY 2015 operating activities generated net cash of $65 million, an increased of 76%
* Dividend Yield @ 80 cents = 3.125% is still quite good.

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17 Mar 2016 15:14 - 17 Mar 2016 15:15 #22929 by Mel
Replied by Mel on topic Straco -- gem?
Buying from fund mangers today +2 cents (74.5 cents) after meeting?

"During the afternoon, we visited Big Box and met with owner TT International. This was followed by a visit to the Singapore Flyer and meeting with Straco, which was conducted in a private capsule. "

CIMB HOSTED more than 30 clients from 19 institutions.

brokingrfs.cimb.com/ByMBVRMIGejIJQxpKdms...ruHHeIRnGKHKceA2.pdf
Last edit: 17 Mar 2016 15:15 by Mel.

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04 May 2016 21:40 - 04 May 2016 21:41 #23009 by BNN
Replied by BNN on topic Straco -- gem?
Straco has proven to be worth holding on to tightly. For the writer below, the share price has gone up nearly 100% since he wrote this article.

Peter Graham Lancashire: "Why my favourite stock is STRACO"
Last edit: 04 May 2016 21:41 by BNN.

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