Chasen    Last:0.16    +0.001

Chasen

10 cts otw........

 

Break 79 52 week high, should have chance to touch 83...:):)

Heerbrugg      ( Date: 20-Aug-2021 16:48) Posted: Potential 20 cents share. Up up up

 

Potential 20 cents share. Up up up

 

Should be NAV about 16 cents. Still a good discount at current share price

kiseki_2818      ( Date: 18-Aug-2021 16:47) Posted: a very small company?? net profit S$1.6m only, the NAV can up 16times?? are u serious??   QueenMaya      ( Date: 18-Aug-2021 09:45) Posted: Net profit up 5 times. NAV about 16 times. Company in a very specialised business. Post Covid with borders all opening huge positive impact. Good price to enter.

 

My apologies 16 cts was what i meant to write. 

kiseki_2818      ( Date: 18-Aug-2021 16:47) Posted: a very small company?? net profit S$1.6m only, the NAV can up 16times?? are u serious??   QueenMaya      ( Date: 18-Aug-2021 09:45) Posted: Net profit up 5 times. NAV about 16 times. Company in a very specialised business. Post Covid with borders all opening huge positive impact. Good price to enter.

 

chasen day
w5 80 px hit 79
watch out for upper trendline 80

 

a very small company?? net profit S$1.6m only, the NAV can up 16times?? are u serious??

 

QueenMaya      ( Date: 18-Aug-2021 09:45) Posted: Net profit up 5 times. NAV about 16 times. Company in a very specialised business. Post Covid with borders all opening huge positive impact. Good price to enter.    PhillipTan      ( Date: 10-Aug-2021 11:51) Posted: Chasen Q1 net profit up five times to S$1.6m amid recovery from Covid-19 impact Logistics firm Chasen Holdings' net profit after tax rose to S$1.6 million for the first quarter ended June 30, some five times higher than the S$0.3 million profit in the year-ago period, lifted by a recovery from initial Covid-19 disruptions to its business last year. In a quarterly business update on Tuesday, Chasen said its Q1 FY2022 results were also boosted by the resumption of projects and new contract wins. Revenue grew 70 per cent to S$42.3 million in the quarter, from S$24.9 million a year ago, on the back of an increase in sales across its business segments. The company said revenue contribution from its third-party logistics segment has increased due to higher demand for cross-border land transportation, driven by continued disruptions to air and sea transportation. Chasen said more than half of its customers who had migrated to cross-border land transportation have indicated they intend to adopt it as their primary mode of cargo movement going forward, even as the challenges faced by air and sea freight operators have eased. It added that it has also seen sustained growth for its warehousing services amid increased e-commerce activities due to pandemic-related restrictions. Meanwhile, Chasen said its specialist relocation as well as technical and engineering segments have secured new projects even as earlier projects delayed due to Covid-19 were restarting. " We have delivered a good set of results this quarter, and expect business momentum to continue improving in the coming months," said managing director and chief executive officer Low Weng Fatt in a statement. " With continued focus on our cost-restructuring efforts, we hope to incrementally scale activities on a leaner cost structure to improve our cost competitiveness and bottom line," he added. Chasen shares closed 1.5 per cent or 0.1 Singapore cent higher at 6.8 cents on Friday.

 

Net profit up 5 times.
NAV about 16 times.
Company in a very specialised business.
Post Covid with borders all opening huge positive impact.
Good price to enter.   

PhillipTan      ( Date: 10-Aug-2021 11:51) Posted: Chasen Q1 net profit up five times to S$1.6m amid recovery from Covid-19 impact Logistics firm Chasen Holdings' net profit after tax rose to S$1.6 million for the first quarter ended June 30, some five times higher than the S$0.3 million profit in the year-ago period, lifted by a recovery from initial Covid-19 disruptions to its business last year. In a quarterly business update on Tuesday, Chasen said its Q1 FY2022 results were also boosted by the resumption of projects and new contract wins. Revenue grew 70 per cent to S$42.3 million in the quarter, from S$24.9 million a year ago, on the back of an increase in sales across its business segments. The company said revenue contribution from its third-party logistics segment has increased due to higher demand for cross-border land transportation, driven by continued disruptions to air and sea transportation. Chasen said more than half of its customers who had migrated to cross-border land transportation have indicated they intend to adopt it as their primary mode of cargo movement going forward, even as the challenges faced by air and sea freight operators have eased. It added that it has also seen sustained growth for its warehousing services amid increased e-commerce activities due to pandemic-related restrictions. Meanwhile, Chasen said its specialist relocation as well as technical and engineering segments have secured new projects even as earlier projects delayed due to Covid-19 were restarting. " We have delivered a good set of results this quarter, and expect business momentum to continue improving in the coming months," said managing director and chief executive officer Low Weng Fatt in a statement. " With continued focus on our cost-restructuring efforts, we hope to incrementally scale activities on a leaner cost structure to improve our cost competitiveness and bottom line," he added. Chasen shares closed 1.5 per cent or 0.1 Singapore cent higher at 6.8 cents on Friday.

 

Ready for 75? HUAT!

 

Chasen Q1 net profit up five times to S$1.6m amid recovery from Covid-19 impact

Logistics firm Chasen Holdings' net profit after tax rose to S$1.6 million for the first quarter ended June 30, some five times higher than the S$0.3 million profit in the year-ago period, lifted by a recovery from initial Covid-19 disruptions to its business last year.

In a quarterly business update on Tuesday, Chasen said its Q1 FY2022 results were also boosted by the resumption of projects and new contract wins.

Revenue grew 70 per cent to S$42.3 million in the quarter, from S$24.9 million a year ago, on the back of an increase in sales across its business segments.

The company said revenue contribution from its third-party logistics segment has increased due to higher demand for cross-border land transportation, driven by continued disruptions to air and sea transportation.

Chasen said more than half of its customers who had migrated to cross-border land transportation have indicated they intend to adopt it as their primary mode of cargo movement going forward, even as the challenges faced by air and sea freight operators have eased.

It added that it has also seen sustained growth for its warehousing services amid increased e-commerce activities due to pandemic-related restrictions.

Meanwhile, Chasen said its specialist relocation as well as technical and engineering segments have secured new projects even as earlier projects delayed due to Covid-19 were restarting.

" We have delivered a good set of results this quarter, and expect business momentum to continue improving in the coming months," said managing director and chief executive officer Low Weng Fatt in a statement.

" With continued focus on our cost-restructuring efforts, we hope to incrementally scale activities on a leaner cost structure to improve our cost competitiveness and bottom line," he added.

Chasen shares closed 1.5 per cent or 0.1 Singapore cent higher at 6.8 cents on Friday.

 

 

chasen has the habit of doing a one day fireworks  n drop back to 6x after announcing positive news .  can  it breaks the old pattern since 1 quater result  is already solid?

spursfan      ( Date: 10-Aug-2021 07:24) Posted: Media Release- Chasen 1QFY2022 Profit Before Tax Rises 466% to S$2.2 Million, Lifted by Recovery in all Business Segments... https://links.sgx.com/1.0.0/corporate-announcements/ZW9ZMRBSJ774NK4H/677887_Chasen%20Q1FY2022%20Media%20Release.pdf

 

chasen day
wabc wc 68 hit 65
lower trendline supported

w5 80 or w3 89

 

Long overlooked counter by the BBs.

Probably the shortists who accumulated now have second thoughts.

See what happens when market re-opens?
 

 

Media Release- Chasen 1QFY2022 Profit Before Tax Rises 466% to S$2.2 Million, Lifted by Recovery in all Business Segments... https://links.sgx.com/1.0.0/corporate-announcements/ZW9ZMRBSJ774NK4H/677887_Chasen%20Q1FY2022%20Media%20Release.pdf

 

Most of their info seems legit. For now I guess

longterminvestor      ( Date: 22-Jul-2021 10:55) Posted: R they legit? AnthonyWoodPeck      ( Date: 21-Jul-2021 14:24) Posted: Hi guys, i have gotten some info from the tele channel as shown above: Chasen ($0.070/$0.071). - For the recent spike up after breakout where the touched $0.076, they have since flushed but $0.070 still a crucial level to hold if they want to have more game. - Today T+4 too, perhaps a good chance to collect cheap cheap at $0.069 to $0.070 before the next play.

 

R they legit?

AnthonyWoodPeck      ( Date: 21-Jul-2021 14:24) Posted: Hi guys, i have gotten some info from the tele channel as shown above: Chasen ($0.070/$0.071). - For the recent spike up after breakout where the touched $0.076, they have since flushed but $0.070 still a crucial level to hold if they want to have more game. - Today T+4 too, perhaps a good chance to collect cheap cheap at $0.069 to $0.070 before the next play.

 

I' m inside this group too! Pretty useful udates 

AnthonyWoodPeck      ( Date: 21-Jul-2021 14:24) Posted: Hi guys, i have gotten some info from the tele channel as shown above: Chasen ($0.070/$0.071). - For the recent spike up after breakout where the touched $0.076, they have since flushed but $0.070 still a crucial level to hold if they want to have more game. - Today T+4 too, perhaps a good chance to collect cheap cheap at $0.069 to $0.070 before the next play.

 

Hi guys, i have gotten some info from the tele channel as shown above:
Chasen ($0.070/$0.071).
- For the recent spike up after breakout where the touched $0.076, they have since flushed but $0.070 still a crucial level to hold if they want to have more game.
- Today T+4 too, perhaps a good chance to collect cheap cheap at $0.069 to $0.070 before the next play.

 

indeed very weak. i wait for close to 0.06 then decide the next move..

tanstg      ( Date: 19-Jul-2021 12:59) Posted: Do not expect immediate as today market is very weak.  - Future Index is all in RED.  - Nasdaq is down last Friday kiseki_2818      ( Date: 19-Jul-2021 10:19) Posted: er...wonder who going to buy

 

Do not expect immediate as today market is very weak. 
- Future Index is all in RED. 
- Nasdaq is down last Friday

kiseki_2818      ( Date: 19-Jul-2021 10:19) Posted: er...wonder who going to buy. ysh2006      ( Date: 18-Jul-2021 19:38) Posted: Target how much ? if continue up..