Serial System    Last:0.076    +0.001

serial system

Next penny about to break out. Collections at 9.6

 

S69 News

Recent Insider Transactions

Announced	Type	Name	Entity	Role		Start	End	Shares	Max Price (SGD)	Value (SGD)
18. Jun 18	Buy	Seng Hui Sam Goi	Individual			18. Jun 18	18. Jun 18	110,000	SGD0.15	SGD16,489
03. May 18	Buy	Lye Heng Tan	Individual			03. May 18	03. May 18	50,000	SGD0.17	SGD8,450

 

IIf it break 10cts will head up to 15cts - Net asset value of stock
Only retail invsetor bought, no funds participation yet
Sellers from OCBC , Philip, Macnur.
If one day funds partici[ation it may reach 30 cts fair value ( 2x book value )
As for reatil investor just buy and hold on to it , dividends better than bank interest rate
or CPF rate.
This stock has been underperforming for too long and short selllers could take advantage of
this illquid stock which can rise rapidly and drop rapidly.
Not many shares in the market.
This coming AGM will look out for the share repurchase mandate to stabilise the
actual value of the stock.
At least 0.0046 cts per share dividend yearly for more than a decade
Base on 10cts market price average
is around 5 % exclude any special intermin dividend.

Good luck

 

BBBulll      ( Date: 10-Apr-2019 14:56) Posted: This is going to breakout. Watch it.

 

So is $7000 buy Valuetronics get $350 only.

Using  that $7000 can buy 70lots serail system and also get $350 right ??

The risk of 70 cts to bottom is greater than 10cts right???

No contra play, for small players if you have $10000 just buy up serial syatem even at 10cts

and keep under your pillow and enjoy at least $500 dividend play every year.

This company track record pays constant  dividend every year whether good or bad news

still the diviidend will pay out for more than a decade already.

 

Lol...5% dividend yield of 70cts is 3.5cts, meaning $7000 u get $350, not $50.

U need to get your dividend yield concept check. Like I said, do what u like.

Chill and peace. 

 

This is going to breakout. Watch it.

 

Estimator	Direction	Entry Price	Target Price	Last Done	Time Left	Status
jackchan	Sell	$0.079	$0.035(+55.70%)	$0.093	26 days
fxx	Sell	$0.085	$0.075(+11.76%)	$0.093	1 days
Harvesting	Sell	$0.085	$0.065(+23.53%)	$0.093	186 days

Where are the hardcore shoert sellers ??

 

If you cannot stomach the risk, stay away.

For serial sytsem say price at 10cts with 5 % dividend every $1000 u get $50

For Valuetronics say price at 70cts with  5% dividend every $7000 u get $50

Which is better ? All stocks in SGX are exposed to risk

 

1) Buy this counter  for dividend play around 5 % or more at this current price less than 10cts
2) Buy Valuetronics for dividend play around 5 % current price 69cts

You decide

bicycle      ( Date: 10-Apr-2019 13:26) Posted: Like I said, they just had the major principal terminated their distributionship, So the ability to sustain dividend is questionable. The daily vol is super low, making a meaning purchase/sale difficult. Electronics is cyclical. They have total debt to equity of 1.57 times. I would not buy these kind of counter for dividend play. But that' s me, its your money. Do what you like. Just sharing a diffirent perspective. For other readers, I would recommend counter like Valuetronics. No debt, 5 yr EPS growth double of Serial. No major biz fundamental change. 5% dividend. Better liquidity. Better capital gain prospect. > 30% mkt cap back up in cash.

 

Whether thin or fat margin, dividend is attractive at this price ,
even share price  at 0.010 cts still attractive
 

TraderBen      ( Date: 10-Apr-2019 12:08) Posted: Profit margin super thin

 

Like I said, they just had the major principal terminated their distributionship, So the ability to sustain dividend is questionable. The daily vol is super low, making a meaning purchase/sale difficult. Electronics is cyclical. They have total debt to equity of 1.57 times. I would not buy these kind of counter for dividend play. But that' s me, its your money. Do what you like. Just sharing a diffirent perspective.

For other readers, I would recommend counter like Valuetronics. No debt, 5 yr EPS growth double of Serial. No major biz fundamental change. 5% dividend. Better liquidity. Better capital gain prospect. > 30% mkt cap back up in cash.

 

Profit margin super thin

 

Tell me which is the better choice than this company with constant attractive dividends over many years ???
SERIAL SYSTEM LTD (SGX:S69) Corporate Action - Dividends / Rights / Splits

 

I dont recommend u guys to go in, even though price looks cheap.
TI terminated the distribution with them which account for about 50% of their revenue and profit. No explanation was provided then,
Its hard to recover from that kind of setback within short span of time. It will take them awhile to re-strategise and refocus to build new revenue stream.
They have been buying into non-related small biz in recent years, so maybe was a desparate attempt to develop new biz.
There are better choice if u looking into electronics sector.

 

No special interim dividend yet
But at current share price  0.09cts the present divvidend of 0.0046 cts
is also attractive.
Mean for every 10 lots = $900( current price  u get $46
better than any bank interest


 

josephyeo      ( Date: 03-Oct-2018 19:51) Posted: --- Post Removed by User ---

 

Still can go in?

 

Thanks Jospesh for the info

josephyeo      ( Date: 03-Oct-2018 10:28) Posted: This is unforseen. This may affect their earnings and intended listing. josephyeo      ( Date: 03-Oct-2018 10:25) Posted: Cessation of Supplier Relationship.pdf

 

This is unforseen. This may affect their earnings and intended listing.

josephyeo      ( Date: 03-Oct-2018 10:25) Posted: Cessation of Supplier Relationship.pdf

 

Cessation of Supplier Relationship.pdf

 

Serial System price big drop below 11 cents.  What happened?