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superstartup Supreme	07-Feb-2025 10:51        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Luckily play marine OSV sub sector, which lags the general market
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superstartup Supreme	04-Feb-2025 12:34        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Within the marine sector, think left OSV sub-sector yet to fully re-rate
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superstartup Supreme	31-Jan-2025 13:07        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Added NamCheong early morning Also added  Vallianz (the last OSV laggard), but can' t get much though
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superstartup Supreme	31-Jan-2025 10:32        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	A nice swing up again
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PQTPQK Supreme	22-Jan-2025 14:21        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	when is the result ?  superstartup      ( Date: 20-Jan-2025 15:24) Posted: Totally out of Japfa liao Now let' s wait and see Nam Cheong FY result, which will be a total of 4 Qs profitable stable earnings from Operations Hopefully re-rating come soon
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superstartup Supreme	21-Jan-2025 20:55        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	At closing Trade-At-Close timing, one mouth scooped up all the 445 (around 300k shares done, with outstanding order unfilled). At current price, Nam Cheong trading at PE slightly over 3 only. Info. only
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superstartup Supreme	21-Jan-2025 09:51        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Wow. Up in a quiet market day. Now purposely block 450. Looks interesting. Year end FY, 4 profitable Qs earnings from Ops coming lor. See which Analyst take the lead. Maybe Nam Cheong can seek KLSE listing too, and get re-rated to similiar PE ratio.
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focusy Senior	21-Jan-2025 09:50        focusy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nam Cheong' s fleet is very young, only 7 years average    80% of Malaysian Offshore Vessels Now Over 12 Years Old: Supply Risks Loom https://www.nextinsight.net/story-archive-mainmenu-60/948-2025/15987-80-of-malaysian-offshore-vessels-now-over-12-years-old-supply-risks-loom#google_vignette
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superstartup Supreme	20-Jan-2025 15:24        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Totally out of Japfa liao Now let' s wait and see Nam Cheong FY result, which will be a total of 4 Qs profitable stable earnings from Operations Hopefully re-rating come soon
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jeenli Member	02-Jan-2025 23:54        jeenli About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the US names are seeing significant gains today (TDW, SMHI, RIG, VAL, NE, SDRL, etc.) and Nam Cheong has just broken out. It&rsquo ll be interesting to watch tomorrow, especially since it&rsquo s the most undervalued name in the entire space with all its debt restructured and ongoing vessel acquisitions valkyrie      ( Date: 02-Jan-2025 11:26) Posted: Already breaking out, extremely undervalued name with huge earnings growth At 14x PE, TP is 196 SGD Cent -----> 370% return At 10x PE, TP is 140 SGD Cent ----->   230% return At 7x PE (half of average PE) , TP is 98 SGD Cent  -----> 130% return superstartup      ( Date: 29-Nov-2024 15:05) Posted: 3 Quarters of around EPS 3.5 SGD Cent per quarter, solely from its operations Equivalent EPS of 14 SGD Cent on an Annualised Basis, from operations Kenanga Research indicated that OSV companies at KLSE trade at average PE of 14x At 14x PE, TP is 196 SGD Cent At 10x PE, TP is 140 SGD Cent At 7x PE (half of average PE) , TP is 98 SGD Cent Shall wait and see which Brokerage House takes the lead and re-initiates coverage on Nam Cheong Historically, Nam Cheong was covered by a few brokerage houses With the restructuring over, and 3 quarters of relatively constant operating result (did not include one-off gains), analysts should feel comfortable by now to resume coverage And now with the huge contract announcement last evening, surely at least one analyst will come in soon
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valkyrie Member	02-Jan-2025 11:26        valkyrie About Contact  Quote this Post!
x 0   x 0  Alert Admin	Already breaking out, extremely undervalued name with huge earnings growth At 14x PE, TP is 196 SGD Cent -----> 370% return At 10x PE, TP is 140 SGD Cent ----->   230% return At 7x PE (half of average PE) , TP is 98 SGD Cent  -----> 130% return superstartup      ( Date: 29-Nov-2024 15:05) Posted: 3 Quarters of around EPS 3.5 SGD Cent per quarter, solely from its operations Equivalent EPS of 14 SGD Cent on an Annualised Basis, from operations Kenanga Research indicated that OSV companies at KLSE trade at average PE of 14x At 14x PE, TP is 196 SGD Cent At 10x PE, TP is 140 SGD Cent At 7x PE (half of average PE) , TP is 98 SGD Cent Shall wait and see which Brokerage House takes the lead and re-initiates coverage on Nam Cheong Historically, Nam Cheong was covered by a few brokerage houses With the restructuring over, and 3 quarters of relatively constant operating result (did not include one-off gains), analysts should feel comfortable by now to resume coverage And now with the huge contract announcement last evening, surely at least one analyst will come in soon
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jeenli Member	24-Dec-2024 00:32        jeenli About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very tight supply with no new units entering the market implies increasingly higher margins as mentioned in the previous post. As Superstartup pointed out a 7x P/E ratio translates to 98 SGD cents representing a 150% return from the current level. The Clock&rsquo s Ticking on Aging Fleets of Offshore Support Vessels
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superstartup Supreme	18-Dec-2024 16:25        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	Hopefully Analysts also attend jeenli      ( Date: 17-Dec-2024 22:25) Posted: Nam Cheong Limited 3Q2024 Investor Briefing Call Time: 18 Dec 2024 (Tomorrow), 3:30pm &ndash 4:30pm Join Zoom Meeting https://us02web.zoom.us/j/87329077928?pwd=bGQatqN6DaLASH0hrGktdubCRGRBDV.1 Meeting ID: 873 2907 7928 Passcode: 028971 --- One tap mobile +6531294891,,87329077928#,,,,*028971# Singapore +6531294892,,87329077928#,,,,*028971# Singapore --- Dial by your location &bull +65 3129 4891 Singapore &bull +65 3129 4892 Singapore &bull +65 3158 7288 Singapore &bull +65 3165 1065 Singapore Meeting ID: 873 2907 7928 Passcode: 028971 Find your local number: https://us02web.zoom.us/u/kewiH6XhCj   Key information to note:  We kindly suggest for all to call via the Zoom app so that you can follow the slides on screen during the call.  Please rename yourself in the following format: Company Name/Private Investor_Your Name. This will facilitate easy identification and hence, allow us to permit you to enter the meeting and ask questions.  Please be advised that all participants will be muted to ensure good sound quality. During the Q& A segment, to ask a question, please use either the raise hand function or type in the chat to the host
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jeenli Member	17-Dec-2024 22:25        jeenli About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nam Cheong Limited 3Q2024 Investor Briefing Call Time: 18 Dec 2024 (Tomorrow), 3:30pm &ndash 4:30pm Join Zoom Meeting https://us02web.zoom.us/j/87329077928?pwd=bGQatqN6DaLASH0hrGktdubCRGRBDV.1 Meeting ID: 873 2907 7928 Passcode: 028971 --- One tap mobile +6531294891,,87329077928#,,,,*028971# Singapore +6531294892,,87329077928#,,,,*028971# Singapore --- Dial by your location &bull +65 3129 4891 Singapore &bull +65 3129 4892 Singapore &bull +65 3158 7288 Singapore &bull +65 3165 1065 Singapore Meeting ID: 873 2907 7928 Passcode: 028971 Find your local number: https://us02web.zoom.us/u/kewiH6XhCj   Key information to note:  We kindly suggest for all to call via the Zoom app so that you can follow the slides on screen during the call.  Please rename yourself in the following format: Company Name/Private Investor_Your Name. This will facilitate easy identification and hence, allow us to permit you to enter the meeting and ask questions.  Please be advised that all participants will be muted to ensure good sound quality. During the Q& A segment, to ask a question, please use either the raise hand function or type in the chat to the host
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superstartup Supreme	05-Dec-2024 16:10        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	stable operating earnings getting notice come come, analysts time to resume coverage superstartup      ( Date: 29-Nov-2024 15:05) Posted: 3 Quarters of around EPS 3.5 SGD Cent per quarter, solely from its operations Equivalent EPS of 14 SGD Cent on an Annualised Basis, from operations Kenanga Research indicated that OSV companies at KLSE trade at average PE of 14x At 14x PE, TP is 196 SGD Cent At 10x PE, TP is 140 SGD Cent At 7x PE (half of average PE) , TP is 98 SGD Cent Shall wait and see which Brokerage House takes the lead and re-initiates coverage on Nam Cheong Historically, Nam Cheong was covered by a few brokerage houses With the restructuring over, and 3 quarters of relatively constant operating result (did not include one-off gains), analysts should feel comfortable by now to resume coverage And now with the huge contract announcement last evening, surely at least one analyst will come in soon
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focusy Senior	01-Dec-2024 20:47        focusy About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nam Cheong -- interesting Offshore Support Vessel provider in  Malaysia. It secured multi-year OSV charter contracts worth up to RM1.22 billion, including options for extension. Clients are regional and international oil majors.  RM1.22 billion contract wins! News super-charges this stock 19% in 1 day https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15927-rm1-22-billion-contract-wins-news-super-charges-this-stock-19-in-1-day#google_vignette
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superstartup Supreme	29-Nov-2024 15:05        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	3 Quarters of around EPS 3.5 SGD Cent per quarter, solely from its operations Equivalent EPS of 14 SGD Cent on an Annualised Basis, from operations Kenanga Research indicated that OSV companies at KLSE trade at average PE of 14x At 14x PE, TP is 196 SGD Cent At 10x PE, TP is 140 SGD Cent At 7x PE (half of average PE) , TP is 98 SGD Cent Shall wait and see which Brokerage House takes the lead and re-initiates coverage on Nam Cheong Historically, Nam Cheong was covered by a few brokerage houses With the restructuring over, and 3 quarters of relatively constant operating result (did not include one-off gains), analysts should feel comfortable by now to resume coverage And now with the huge contract announcement last evening, surely at least one analyst will come in soon
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superstartup Supreme	29-Nov-2024 09:26        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	For those interested,    accordingly to Kenanga Research in Malaysia, OSV companies at KLSE trade at average PE of 14x https://klse.i3investor.com/web/staticfile/view/552078 Maybe Nam Cheong can go for Secondary Listing or change its main listing to KLSE, which is the new trend now
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superstartup Supreme	29-Nov-2024 09:22        superstartup About Contact  Quote this Post! Style: Fundamental   Yells: "Enjoy doing Fundamental Research"
x 0   x 0  Alert Admin	For the last 3 Qs, company is making around EPS 3.5 SGD Cent per quarter, solely from its operations That is a EPS of 14 SGD Cent on an Annualised Basis, from operations Now is to wait patiently for Houses to accumulate enough shares before they will start to re-rate / re-initiate reports on the company Too bad for me, price jump up today, else I can slowly accumulate more on the Low, but nvm (as usual, please perform your own DD) superstartup      ( Date: 14-Nov-2024 13:12) Posted: Stable operating profits for three quarters liao (even after stripping off  the huge one-off items gain) 3Q EPS, MYR11.74 Cent = SGD  3.53 Cent Annualised EPS is SGD 14 Cent   superstartup      ( Date: 13-Nov-2024 19:59) Posted: Quick take on 3Q result NamCheong 3Q result basically reflect its operational result (that is, does not include other major exceptional items as expected) So 3Q is a very good gauge of NamCheong daily ops 3Q ops result is relatively stable compare with 2Q ops (removed exceptional items) 3Q EPS, MYR11.74 Cent = SGD  3.53 Cent Annualised EPS is SGD 14 Cent (btw, NamCheong share price has overtake Mermaid and Beng Kuang. Now with its operational EPS almost double of Dyna-Mac and with its NAV triple of Dyna-Mac, let' s see if Analysts like the revamped NamCheong and resume coverage of the company) Please perform your own DD, am vested small small only
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Stocky901 Supreme	29-Nov-2024 09:14        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Congrats to those still holding.. NC is much much better than Mermaid 😜
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