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China Aviation
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CAO 2020 CORPORATE STRATEGY
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SeePehJiaLat
Senior |
10-Sep-2019 10:55
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" CAO continues to trade at a low 2020F P/E of 7.2x (ex-cash FY20F P/E of 5.1x) with an estimated 2020 growth of 5.8%. The stock also remains cheap vs regional and global peers. Given its zero debt balance sheet and significant net cash position (c.29% of its market cap) CAO is expected to undertake a sizable earnings-accretive acquisition." RHB Securities report on 2 Sep 2019:  https://api2.sgx.com/sites/default/files/2019-09/SG_China%20Aviation%20Oil_Company%20update_20190902_RHB.pdf?utm_source=MG& utm_medium=EDM& utm_campaign=alwayson& utm_term=090919& utm_content=BR   |
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SgTrader17
Elite |
07-Sep-2019 18:46
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Come end Sept, when SPIA official launch it's expanded terminal, more passengers load, more business and more profits to come in, with CAO to benefits as it holds a 33% stake. Re-valuation will be one key catalyst to let it's share price March towards $1.30 again. Let's see how things progress in Sept and October. Dividends will be end of FY, in Feb 2020. Dyodd. Good luck to all.
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SeePehJiaLat
Senior |
07-Sep-2019 17:22
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If you have been following this CAO, then you ought to know that many things had changed since 2004 .......... With BP on board and the implementation of risk management, etc. I think it is a lot better than most other company that I know. Furthermore, CAO has no debt, making money every year since and giving decent dividend. So, I think it is a better bet than most other companies. For investors, the issue then is about what is the entry price and the potential returns. Currently, it is at $1.19, is this high or low? That is something, that you have to decide for yoursslf......
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SgTrader17
Elite |
07-Sep-2019 13:41
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Everyone knows your style. You play your words to your buy or sell strategy. You want collect lower, you talk it down. After you bought, you talk it up. If the company does that, it is really bad. But you want show proof that the company is in that situation? Or merely talking to your buying or selling interest. No concrete evidence kind of fake news.
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SeePehJiaLat
Senior |
06-Sep-2019 21:05
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" China Aviation Oil &lsquo s Debt And Its 12% ROE China Aviation Oil is free of net debt, which is a positive for shareholders. Its solid ROE indicates a good business, especially when you consider it is not using leverage. The Bottom Line On ROE Return on equity is useful for comparing the quality of different businesses. A company that can achieve a high return on equity without debt could be considered a high quality business." Here is the link to the article :  https://gooruf.com/asia/news/2019/09/06/does-china-aviation-oil-singapore-corporation-ltd-sgxg92-create-value-for-shareholders/#! |
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SeePehJiaLat
Senior |
02-Sep-2019 09:23
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The small changes does not bother me. It is hard to know the exact bottom. I am holding for longer term....... At current price, it presents good value. Just do not want to miss the opportunity now when it is still affordable and with regular dividend in April. Finger crossed !!! | ||||
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SgTrader17
Elite |
30-Aug-2019 18:25
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Morning up and closed down 1 cents. US mkt up and figures also green. Like that, not good leh. | ||||
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SeePehJiaLat
Senior |
30-Aug-2019 09:47
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Currently $1.16, vested ! | ||||
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SeePehJiaLat
Senior |
30-Aug-2019 09:22
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Vision 2020 is just around the corner. If CAO can attain the target set few years back, then I can expect the prospect and the chance for much higher valuation is very possible, especially in this current stage..... | ||||
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SeePehJiaLat
Senior |
30-Aug-2019 09:08
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MISSION
A global leader in jet fuel supply and trading, a reputable global supplier and trader of other oil products, with a focus on transportation fuels An important aviation fuel service provider at international airports A niche player in the supply and trading of future sustainable transportation fuels such as liquefied natural gas (LNG) ![]() |
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