| Latest Forum Topics / CDW Last:0.086 -- |
 Post Reply
|
|
Is CDW potentially trading below net cash? Div?
|
|||
|
rayoflight
Veteran |
27-Feb-2015 23:54
|
||
|
x 0
x 0 Alert Admin |
Results out.. http://infopub.sgx.com/FileOpen/4Q20...& FileID=336862 Cash balances : USD68.73mil = SGD$92.785mil (USD1.35:SGD1) Current mkt cap is SGD89.36mil (480,432,523 shares X 0.186) |
||
| Useful To Me Not Useful To Me | |||
|
bluekelah
Senior |
19-Feb-2015 00:17
Yells: "lock and loaded..." |
||
|
x 0
x 0 Alert Admin |
Been holding 500 lots when since it was at 0.138 and trading near net cash with doubtful business growth. But confident of japanese and Sony parent. Will be able to maintain at least same payout as last year as 3rd Q EPS was enough already. Which means more div this year as USD forex rate is up to SGD. Happy CNY to all. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
victortan
Elite |
15-Feb-2015 20:57
|
||
|
x 0
x 0 Alert Admin |
dont anyhow guess.. dude.
|
||
| Useful To Me Not Useful To Me | |||
|
Kenshi87
Member |
14-Feb-2015 16:43
|
||
|
x 0
x 0 Alert Admin |
There could be other reasons, hope you huat | ||
| Useful To Me Not Useful To Me | |||
|
Breeze
Member |
14-Feb-2015 15:21
|
||
|
x 0
x 0 Alert Admin |
Last friday volume and price tells u le. by the time annoucement, the share price run away liao... | ||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Kenshi87
Member |
14-Feb-2015 15:05
|
||
|
x 0
x 0 Alert Admin |
Bro u got the announcement? I can't find it
|
||
| Useful To Me Not Useful To Me | |||
|
Breeze
Member |
14-Feb-2015 12:39
|
||
|
x 0
x 0 Alert Admin |
Dividend u$ 0.012 Special dividend u$ 0.01 Total u$ 0.022 Share price sgd 0.196c dividend yield.approx. 15% | ||
| Useful To Me Not Useful To Me | |||
|
Breeze
Member |
14-Feb-2015 09:39
|
||
|
x 0
x 0 Alert Admin |
Good news to shareholder.
cdw will be dishing a SPECIAL dividend of 0.8 to 1c usd to reward shareholder. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
johnng
Supreme |
29-Jan-2015 11:30
|
||
|
x 0
x 0 Alert Admin |
Fly towards 20cent???????? |
||
| Useful To Me Not Useful To Me | |||
|
Breeze
Member |
21-Jan-2015 22:02
|
||
|
x 0
x 0 Alert Admin |
Dividend 9% |
||
| Useful To Me Not Useful To Me | |||
|
victortan
Elite |
21-Jan-2015 13:52
|
||
|
x 0
x 0 Alert Admin |
wa,, this one choing, but nobody care??? |
||
| Useful To Me Not Useful To Me | |||
|
matrixxx
Senior |
08-May-2014 21:37
|
||
|
x 0
x 0 Alert Admin |
Sometimes back in Jan 2013, i posted this: 1. Close at 52 weeks high of $0.116. ( hit 0.119 52 weeks highest) - 11/1/2013 2. Good volume of accumulation of shares spotted for past the 4 weeks . - Accumulation means selling of shares on the way up. 3. For a very long time, this counter had not been able to cross and close above the $0.10 level since 19th Apirl 2010, but now yet manage to break $0.10 barrier and close above $0.10 on 2/1/2013 ( close 0.103 ) 4. Co. has been constantly buying back co. shares for quite sometime since 5 dec 2008 - Great to own shares that the owner itself is also collecting too 5. Co. start giving dividend in June and Oct 2012 - a dividend stock worth investing. 6. Market cap is 50.68M, total shares float is only 460M shares. Plus Co. keep constantly buying back, resulting in only quality and limited shares float avaiable now. 7. Having good % of growth in revenue and net profit to support current uptrend behaviour. See the financial report for the actual figures at www.cdw-holding.com.hk 8. Co. is in the right direction for smartphones/mobile LCD backlight manufacturing as currently there are very good demand for better and top quality HD lcd screen for mobile devices 9. Co. should be reporting good earning report this coming Feb as the lcd backlight orders received during last quarter is in quite good quantity, therefore likely is resulting in this current rising share price. Lastly 10. From Jesse Livermore a. Buy rising stocks and sell falling stocks. b. Co-ordinate your trading activity with pivot points - $0.10 is the pivot point c. In any sector, trade the leading stock - the one showing the strongest trend. - This co. in this sector here is the leading stock and is showing the strongest trend currently. But base on the trend of CDW, she has been downtrending from Aug 2013 from 0.168 to current price of 0.132. Since she is in a downtrend formation pattern, then one really has to wait till she finish this sales and reversal to a uptrend mode before investors will start buying again. There is one stock currently that exhibits the pattern of CDW when CDW was 0.116 in Jan 2013. And one can ride on the favourable conditions as one had ride on CDW during beginning of last year. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
ChowAhBeng
Member |
08-May-2013 09:57
|
||
|
x 0
x 0 Alert Admin |
So back to the question... are they potentially trading below net cash? 1. The third party loans made out last year at 10% interest has a term of 12months. Upon repayment sometime in 3 Quarter this year. They will receive (plus interest) S$6.2m (US$5.2m). Giving a boost to net cash. 2. The confirmed sale of their Suzhou factory to the Chinese Government in a land acquisition deal. CDW is set to receive compensation of S$12.8m (RMB 63.9m). Payable in 3 tranches. Jun 2013, Dec 2013 and Dec2014. This too is set to boost net cash. These, together will current net cash levels of $52m, would give a combine total of S$71 million in NET CASH ALONE! Market capitalization at the current share price of 14.8cents is S$69.4 million. |
||
| Useful To Me Not Useful To Me | |||
|
ChowAhBeng
Member |
07-May-2013 09:34
|
||
|
x 0
x 0 Alert Admin |
NET CASH CDW presently has 469 million shares outstanding. At current share price of 14.5cents, it has a market capitalization of S$68 million. As at latest audited results the company records a NET CASH (cash minus all borrowings) of S$52 million (US$41.9m). This is despite the fact of them having made out a third party loan last year of US$4.9m (S$6m) so as to generate better interest income. On top of which, the accounts also shows held to maturity investments and held for sale investments totaling US$1.7m (S$2.1m). |
||
| Useful To Me Not Useful To Me | |||
|
ChowAhBeng
Member |
06-May-2013 13:23
|
||
|
x 0
x 0 Alert Admin |
So, to sum up on dividend. 6.48% per annum on average historical dividend yield. 10.33% per annum on most recent financial yr. Of which 6.03% or us$0.7 cents have yet to be paid. But before u run out and buy, let me state that now is still not a good time yet. Hopefully the right time to buy would be a 1week window between when they announce 1st Quarter and 20th May, which is ex-dividend date. Next up, their financial accounts.... |
||
| Useful To Me Not Useful To Me | |||
|
ChowAhBeng
Member |
30-Apr-2013 12:17
|
||
|
x 0
x 0 Alert Admin |
So what about historical Dividend trends and yield? Well, since listing in early 2005, mgmt. has been extremely fair to shareholders in that they have consistently, without fail, paid dividend EVERY half year. That's a pretty good feat considering they continued to paid dividend thru the sub-prime crisis of 2007 -2009. Since listing approximately 8 years ago, they have and will pay a combined dividend of US$6.023 cents or S$7.47cents. That works to an average historical annual yield of 6.48%! Seriously, that's not too bad considering there are some similar " currently hotly traded" Tech companies such as FuYu that haven't paid a single cent in dividend over the last 7 financial years. lol |
||
| Useful To Me Not Useful To Me | |||
|
ChowAhBeng
Member |
30-Apr-2013 11:09
|
||
|
x 0
x 0 Alert Admin |
Nobody? Well, in that case, let me start. Let's talk about Dividend first. For FY2012, CDW has and is paying a total Dividend of US$1.2cents or S1.488cents. US$0.5cents paid for half yr and US$0.7cents recently declared for full yr. At current share price of 14.4cents, That works to an annual yield of 10.33%! Not to bad mah |
||
| Useful To Me Not Useful To Me | |||
|
ChowAhBeng
Member |
29-Apr-2013 08:49
|
||
|
x 0
x 0 Alert Admin |
With their current net cash, the third party loans they made out due 3Q this yr, and sales proceeds from the soon to be completed sale of Suzhou factory? Can anyone tell me if they are potentially trading below NET CASH? Also, are they a good dividend yielding stock? |
||
| Useful To Me Not Useful To Me | |||