| Latest Forum Topics / OceanScape Intl Last:0.007 -- |
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IPO shares. E Commerce
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jackche
Member |
24-Aug-2020 14:35
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time to break 52wk high of 0.225 | ||||
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yamseng
Supreme |
24-Aug-2020 14:32
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230 will come after 330pm Huat ah  |
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OngBak
Veteran |
24-Aug-2020 14:21
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225....
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easywin
Supreme |
24-Aug-2020 14:18
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This one keeps secret very long already, later we' ll see how it' s charging home. | ||||
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yamseng
Supreme |
24-Aug-2020 14:17
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if the share price is above 27 cents, the deal will not able to go through  Huat ah |
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yamseng
Supreme |
24-Aug-2020 14:11
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27 cents coming ... | ||||
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FrancisLim
Elite |
24-Aug-2020 09:26
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When it IPO at 27C in 2018: 27C is based on 5.75 of revenue per share. Latest half yearly results :  Revenue $38 million Net Profit= 4.01 million. Net PositiveCash flow $7 million  It is using NAV as of 31 Dec 2019 when it was loss making and accumulated losses. What has changed?  Pandemic is not going to reduce the revenue, instead it will expand the revenue.  The customer base that it has grown will provide further revenue source besides recurring. The basis is totally wrong.  As pointed out, leaving the loss making insurance co in the company for the minority shareholders and continue to draw remuneration, director fees.  Who know once the insurance co become profitable, will offer ridiculous price to privatize. Since IPO, the funds provided and the listing on SGX amongst others, have enable the company to grow to its profitable position now. Quote (The Edge - July 2018) Synagie says it currently serves more than 250 brand partners in the Body, Beauty and Baby (BBB) sector, including Johnson & Johnson, Kimberly-Clark, and Shiseido. The group saw its revenue more than double to $8.0 million in FY17, from $3.7 million in FY16, on the back of growth in its e-commerce and e-logistics business segments. However, Synagie saw its FY17 loss before income tax widen to $3.4 million, falling 49% from a pre-tax loss of $2.3 million in FY16, as gross profit margin contracted 3.9 percentage points to 21.9% in FY17.  The FY17 loss includes expenses incurred in connection to the IPO as well as finance costs related to the group&rsquo s convertible notes, which were fully converted. &ldquo Our listing will give us the opportunity to grow faster by expanding further into the region, and leverage on our artificial intelligence and Big Data analytics capabilities to simplify commerce for businesses in Southeast Asia,&rdquo says Clement Lee, executive director and chief executive officer of Synagie. According to Frost & Sullivan, the total gross merchandise value (GMV) of Southeast Asia&rsquo s e-commerce industry had trebled from US$5.3 billion in 2014 to US$16.6 billion in 2017, and is expected to climb at a compound annual growth rate (CAGR) of 22.3% to hit US$45.6 billion by 2022.&ldquo With the phenomenal rise of e-commerce in Southeast Asia, we believe that the opportunity is to provide a seamless solution that would help brands and businesses shift online quickly,&rdquo Lee adds. Unquote  
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uiop1223
Supreme |
24-Aug-2020 09:09
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They are smart. Recent rights issue at 10cents and they being the major shareholders will earn a lot by divesting ecommerce at 18cents | ||||
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Contratrader
Elite |
24-Aug-2020 08:52
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Like that let them push back to 25c lo..
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FrancisLim
Elite |
24-Aug-2020 08:39
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BT Garage 24 Aug 2020:   SOME tech companies are still hiring boldly as they move to capture growth in online verticals that are flourishing as a result of a digital boom amid the pandemic, even as a majority of their peers trudge on in the fight for survival. E-commerce firm Shopee, for one, is on the hunt for around 270 staff, while US tech giant Amazon plans to hire more than 200 more staff in Singapore. The hiring sprees bring some respite to the labour markets as shutdowns that were imposed to contain the outbreak have threatened mass redundancies across many sectors. |
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FrancisLim
Elite |
22-Aug-2020 09:48
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Do your own due diligence.  Put the co' s pre IPO figures with its current figures i.e. customer base, revenue, cash flow, npat, tax credits carried forward, no of shares use the IPO figure of 5.75 times revenue per share for computing the fair value of the share price... you are talking of many mutiliples not 2 digits. And those parties who wnat to take the profitable and growing co private are astute investors.  Do not let them pull the rug from the minority shareholders If they could go to the market to IPO at 5.75 times of revenue per share when it was struggling, no cash flow, loss making, etc... why not use the same basis or higher basis when it has turned around? Pandemic has led to the growth of e commerce, tech share, cloud, etc.. Pandemic will not go away tomorrow or next year.  E commerce, work from home, using of technolgoy and away from brick and mortars are here to stay and to grow.  
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Alvin2042
Master |
22-Aug-2020 08:44
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Exactly! Ipo @27cts. There is a right issue in 2019, ex right price about 25cts.
After nurturing the businesses from loss making to profit, now mgt want to take out the money making businesses for their own enjoyment. Leaving a listed company that will remain loss making for years to come. Why not they do a full takeover say 30cts? But to pay 20cts for the profitable ones? They can enjoy the fruits fully while continue to benefits from the listing status through directors pay and fee.
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yamseng
Supreme |
21-Aug-2020 23:25
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Local e-commerce solutions provider Synagie Corp has priced its initial public offering (IPO) at 27 cents a share with the aim of raising net proceeds of $9.8 million. The offering comprises a placement tranche of 39.2 million shares and a public offer of 3.8 million. Synagie will be listed on the Catalist board with a market cap of $70.7 million upon its debut. Based on the information available  to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or  S$0.180 per Share 33.3% lower   |
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uiop1223
Supreme |
21-Aug-2020 14:21
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The recent rights issue was 10cents. Its 80% profit..
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yamseng
Supreme |
21-Aug-2020 14:18
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if any white knight comes in to take over the whole company will be another story... Let push up the share price, shareholders can demand more compensation from the sales |
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yamseng
Supreme |
20-Aug-2020 20:54
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from SGX  https://links.sgx.com/FileOpen/SCL%20-%20Ann.ashx?App=Announcement& FileID=626273 Based on the information available  to the Company as at the date hereof, the Net Distributable Amount is expected to be no less than S$55,357,203.18, or S$0.180 per Share its a good deal?   |
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johnng
Supreme |
20-Aug-2020 20:04
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SHOULD say no to the deal...undercut shareholders when e-commerce is blooming in this COVID-19 crisis | ||||
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FrancisLim
Elite |
20-Aug-2020 20:03
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Synagie Ranked 4th Fastest Growing Company in Asia-Pacific by Financial Times &bull Ranks #4 in FT&rsquo s 2020 list of 500 high-growth companies in the APAC region &bull Synagie earns coveted spot as fastest growing E-commerce company in APAC Singapore, 22 April 2020 &ndash Synagie Corporation Ltd. (SGX: V2Y) (&ldquo Synagie&rdquo , &ldquo 思 腾 控 股 有 限 公 司 &rdquo , the &ldquo Company&rdquo , or the &ldquo Group&rdquo ), Southeast Asia&rsquo s leading e-commerce enabler that assists brands to execute their e-Commerce strategies using its cloud-based platform, is pleased to announce today that it has been ranked number 4 on Financial Times&rsquo s (&ldquo FT&rdquo ) ranking of 500 high-growth companies from the Asia Pacific (&ldquo APAC&rdquo ) region1 . The FT list was compiled with Statista, a research company, and ranks entrants from across the Asia-Pacific by compound annual growth rate (CAGR) in revenue between 2015 and 2018. Synagie&rsquo s revenue grew 339% during this period and was also the fastest growing E-Commerce company in Asia Pacific. 74 Singapore companies made it on to FT&rsquo s list this year with Synagie being the only Singapore company to achieve a Top 10 ranking. Executive Director and Chief Executive Officer of Synagie, Mr Clement Lee, credits the Synagie&rsquo s team and the Company&rsquo s end-to-end one-stop services and integrated technology for the fast revenue growth. &ldquo This recognition validates that we' re on the right track,&rdquo said Mr Lee. &ldquo Despite the current adverse market conditions globally, we believe we have a huge market opportunity, and an incredibly talented and committed team pushing the boundaries of what' s possible every day. Synagie&rsquo s mission is to help businesses to be successful in e-commerce. We are committed to continuing our regional growth and are incredibly grateful to our government for the support that they have rendered Singapore SMEs to help them digitalize.&rdquo This award adds to Synagie&rsquo s growing list of accolades. The Company was ranked number 22 fastest growing technology company on the Deloitte Technology Fast 500&trade Asia Pacific 20182 , a ranking of the 500 fastest growing technology companies in Asia Pacific. Synagie was also named the fastest-growing company in Singapore in 2020 in a study done by Statista and The Straits Times3 earlier in the year.  |
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ruready
Supreme |
20-Aug-2020 16:19
Yells: "Follow the micro penny , May be this is the last train" |
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22 let see dump ou pump
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ruready
Supreme |
20-Aug-2020 15:38
Yells: "Follow the micro penny , May be this is the last train" |
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Taiwan big fund unlock, all get ready for s | ||||
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