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21-40 of 90
Still got leg to go over 1buck level in near future.New jtc contract means profit will be gd
Wind22i ( Date: 23-Sep-2016 18:44) Posted:
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Entered at 845,850
Now u buy a bit high la bro..
U see when few months back when i spotted it was still at ok price .. haha
U see when few months back when i spotted it was still at ok price .. haha
Rise too fast too furious, that y need to retract and take a rest
beltrance ( Date: 23-Sep-2016 15:39) Posted:
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Damn, i just bought and now dropping...
Going to ejaculate soon. 😜
89.5 ct now huat
Intercept ( Date: 02-Jun-2016 18:15) Posted:
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in at 54ct n holding to huat big big
sengsk ( Date: 21-Sep-2016 08:59) Posted:
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Maybe , in wrong timing.
Intercept ( Date: 21-Sep-2016 08:44) Posted:
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i am in
Seriously no one in this?
68 ct huat ah
congrats bro...u are in the money now
lilbobeep ( Date: 18-Jul-2016 22:21) Posted:
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I see deep value with current valuations and development over the next year. When the new cranes are in, cogent will save on the lease, already margins are ramping up faster than expected on higher op leverage and earnings is surprising on the upside. Plus the klang development next year and the Jurong Island development, this company has good visibility. As earnings come in, market re-rate, cogent becomes a mid-cap stock, more brokers jump in... the math is not hard to do. I am invested at 0.62 so if anyone is invested at cheaper prices, take me as the sucker who got in late but i dont see a reason why i don' t buy at this level with all the catalysts coming in.
now 65ct be patient.
Intercept ( Date: 12-Jul-2016 15:14) Posted:
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don't think so. seems to be small boys instead as vol traded only 400 k+. once these small boys have been shaken off, i reckon the stock price will hit new high again. lets see. now price is 63ct
johnng ( Date: 12-Jul-2016 12:48) Posted:
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BBs DUMPING ALREADY
can any bro or sis advise the resistance n support level currently please? thank you
Corporate: Cogent?s new logistics hub continues to pay off as new contracts add to revenue
Cogent Holdings has not disappointed investors, reporting a strong set of numbers for the first quarter of this year. Revenue increased 6% to $32.8 million, while earnings surged 45% to $7.8 million.
The company says revenue from its warehousing and property management services segment increased 16% to $14.7 million, thanks to a rise in the number of warehousing and logistics contracts secured by its Cogent One-Stop Logistics Hub. The hub was officially launched on Feb 22.
Other business segments also posted significant improvements. Revenue from automotive logistics management services increased 15% to $7.5 million, boosted by the increased import volume of new passenger and commercial vehicles during the quarter. Container depot management services posted a 14% increase in revenue to $5.8 million. These revenue increases were more than sufficient to offset a 19% decline in revenue from transport management services. Revenue from this segment fell to $6 million on lower contributions from customers in the oil and gas sector.
Meanwhile, operating expenses such as rentals on leased premises, fuel and utilities, storage and handling charges, and hires of vehicle and equipment saw double-digit percentage declines.
Phillip Capital analyst Richard Leow says the earnings number exceeded his expectations by almost 20%. He points out in a note dated May 16 that Cogent?s net margin improved to 23.7% from 17.2%. He has adjusted his forecasts to factor in better margins and expects Cogent to report earnings of $32.4 million this year, representing a y-o-y increase of 27.1%.
New capacity
What other growth initiatives can shareholders look forward to? On April 18, Cogent announced that it would commence construction of a new warehouse on a plot of land measuring 9.6 acres in the Port Klang Free Zone, Malaysia. The construction is part of phase two, following the completion of phase one of its warehouse and container depot facilities there. Completion is expected by April next year.
The company also signed and accepted a letter of intent issued by the Economic Development Board in respect of the company?s potential appointment as the developer of the Jurong Island Chemical Logistics Facility. If appointed, Cogent will develop, own and operate the largest integrated logistics hub on Jurong Island. Construction is set to commence in 3Q2016 and will be completed within three years.
Leow flags one hiccup in the company?s plans. Its logistics hub has a unique rooftop depot where containers can be stacked. Last year, Cogent engaged a third-party crane specialist to install a gantry crane system, but owing to a breach of contract, the company had to appoint a new crane specialist. The system is now expected to be completed in 4Q2016.
?We understand from management that the rooftop depot is currently using the conventional container stacker, [which] can stack seven to eight containers. This is in contrast to 15 containers if the crane system were to be operational,? Leow says. ?Cogent is still leasing its existing container depot yard on Jalan Terusan and may have to extend the lease.?
Awaiting announcement on deal
Shares in Cogent have surged 21.5% year to date, versus a 5% decline in the Straits Times Index. The outperformance can be partially attributed to news of a potential buyout. In January, Cogent acknowledged that it was evaluating its businesses and operations in relation to the offers it received. The company did not disclose any details. The stock had risen as high as 50.5 cents following news of the deal, but has since declined 5% to close at 48 cents on May 19, giving the company a price-to-earnings ratio of 8.09 times.
Cogent is 70.3% owned by executive chairman Tan Yeow Khoon, who founded the company as a point-to-point cargo transport firm in the 1960s. Today, apart from its logistics businesses, the company also has a property development and management business. In 2012, Cogent redeveloped the former Turf Club in Bukit Timah and transformed it into a one million sq ft lifestyle hub called The Grandstand. Its anchor tenants are Giant Hypermarket and PasarBella, a retail and dining space housing more than 70 independent gourmet grocers and speciality stores.
Leow maintains his ?buy? rating for the stock with a higher price target of 70 cents. This represents a potential upside of 45.8%.
Cogent Holdings has not disappointed investors, reporting a strong set of numbers for the first quarter of this year. Revenue increased 6% to $32.8 million, while earnings surged 45% to $7.8 million.
The company says revenue from its warehousing and property management services segment increased 16% to $14.7 million, thanks to a rise in the number of warehousing and logistics contracts secured by its Cogent One-Stop Logistics Hub. The hub was officially launched on Feb 22.
Other business segments also posted significant improvements. Revenue from automotive logistics management services increased 15% to $7.5 million, boosted by the increased import volume of new passenger and commercial vehicles during the quarter. Container depot management services posted a 14% increase in revenue to $5.8 million. These revenue increases were more than sufficient to offset a 19% decline in revenue from transport management services. Revenue from this segment fell to $6 million on lower contributions from customers in the oil and gas sector.
Meanwhile, operating expenses such as rentals on leased premises, fuel and utilities, storage and handling charges, and hires of vehicle and equipment saw double-digit percentage declines.
Phillip Capital analyst Richard Leow says the earnings number exceeded his expectations by almost 20%. He points out in a note dated May 16 that Cogent?s net margin improved to 23.7% from 17.2%. He has adjusted his forecasts to factor in better margins and expects Cogent to report earnings of $32.4 million this year, representing a y-o-y increase of 27.1%.
New capacity
What other growth initiatives can shareholders look forward to? On April 18, Cogent announced that it would commence construction of a new warehouse on a plot of land measuring 9.6 acres in the Port Klang Free Zone, Malaysia. The construction is part of phase two, following the completion of phase one of its warehouse and container depot facilities there. Completion is expected by April next year.
The company also signed and accepted a letter of intent issued by the Economic Development Board in respect of the company?s potential appointment as the developer of the Jurong Island Chemical Logistics Facility. If appointed, Cogent will develop, own and operate the largest integrated logistics hub on Jurong Island. Construction is set to commence in 3Q2016 and will be completed within three years.
Leow flags one hiccup in the company?s plans. Its logistics hub has a unique rooftop depot where containers can be stacked. Last year, Cogent engaged a third-party crane specialist to install a gantry crane system, but owing to a breach of contract, the company had to appoint a new crane specialist. The system is now expected to be completed in 4Q2016.
?We understand from management that the rooftop depot is currently using the conventional container stacker, [which] can stack seven to eight containers. This is in contrast to 15 containers if the crane system were to be operational,? Leow says. ?Cogent is still leasing its existing container depot yard on Jalan Terusan and may have to extend the lease.?
Awaiting announcement on deal
Shares in Cogent have surged 21.5% year to date, versus a 5% decline in the Straits Times Index. The outperformance can be partially attributed to news of a potential buyout. In January, Cogent acknowledged that it was evaluating its businesses and operations in relation to the offers it received. The company did not disclose any details. The stock had risen as high as 50.5 cents following news of the deal, but has since declined 5% to close at 48 cents on May 19, giving the company a price-to-earnings ratio of 8.09 times.
Cogent is 70.3% owned by executive chairman Tan Yeow Khoon, who founded the company as a point-to-point cargo transport firm in the 1960s. Today, apart from its logistics businesses, the company also has a property development and management business. In 2012, Cogent redeveloped the former Turf Club in Bukit Timah and transformed it into a one million sq ft lifestyle hub called The Grandstand. Its anchor tenants are Giant Hypermarket and PasarBella, a retail and dining space housing more than 70 independent gourmet grocers and speciality stores.
Leow maintains his ?buy? rating for the stock with a higher price target of 70 cents. This represents a potential upside of 45.8%.
Corporate: Cogent?s new logistics hub continues to pay off as new contracts add to revenue
Cogent Holdings has not disappointed investors, reporting a strong set of numbers for the first quarter of this year. Revenue increased 6% to $32.8 million, while earnings surged 45% to $7.8 million.
The company says revenue from its warehousing and property management services segment increased 16% to $14.7 million, thanks to a rise in the number of warehousing and logistics contracts secured by its Cogent One-Stop Logistics Hub. The hub was officially launched on Feb 22.
Other business segments also posted significant improvements. Revenue from automotive logistics management services increased 15% to $7.5 million, boosted by the increased import volume of new passenger and commercial vehicles during the quarter. Container depot management services posted a 14% increase in revenue to $5.8 million. These revenue increases were more than sufficient to offset a 19% decline in revenue from transport management services. Revenue from this segment fell to $6 million on lower contributions from customers in the oil and gas sector.
Meanwhile, operating expenses such as rentals on leased premises, fuel and utilities, storage and handling charges, and hires of vehicle and equipment saw double-digit percentage declines.
Phillip Capital analyst Richard Leow says the earnings number exceeded his expectations by almost 20%. He points out in a note dated May 16 that Cogent?s net margin improved to 23.7% from 17.2%. He has adjusted his forecasts to factor in better margins and expects Cogent to report earnings of $32.4 million this year, representing a y-o-y increase of 27.1%.
New capacity
What other growth initiatives can shareholders look forward to? On April 18, Cogent announced that it would commence construction of a new warehouse on a plot of land measuring 9.6 acres in the Port Klang Free Zone, Malaysia. The construction is part of phase two, following the completion of phase one of its warehouse and container depot facilities there. Completion is expected by April next year.
The company also signed and accepted a letter of intent issued by the Economic Development Board in respect of the company?s potential appointment as the developer of the Jurong Island Chemical Logistics Facility. If appointed, Cogent will develop, own and operate the largest integrated logistics hub on Jurong Island. Construction is set to commence in 3Q2016 and will be completed within three years.
Leow flags one hiccup in the company?s plans. Its logistics hub has a unique rooftop depot where containers can be stacked. Last year, Cogent engaged a third-party crane specialist to install a gantry crane system, but owing to a breach of contract, the company had to appoint a new crane specialist. The system is now expected to be completed in 4Q2016.
?We understand from management that the rooftop depot is currently using the conventional container stacker, [which] can stack seven to eight containers. This is in contrast to 15 containers if the crane system were to be operational,? Leow says. ?Cogent is still leasing its existing container depot yard on Jalan Terusan and may have to extend the lease.?
Awaiting announcement on deal
Shares in Cogent have surged 21.5% year to date, versus a 5% decline in the Straits Times Index. The outperformance can be partially attributed to news of a potential buyout. In January, Cogent acknowledged that it was evaluating its businesses and operations in relation to the offers it received. The company did not disclose any details. The stock had risen as high as 50.5 cents following news of the deal, but has since declined 5% to close at 48 cents on May 19, giving the company a price-to-earnings ratio of 8.09 times.
Cogent is 70.3% owned by executive chairman Tan Yeow Khoon, who founded the company as a point-to-point cargo transport firm in the 1960s. Today, apart from its logistics businesses, the company also has a property development and management business. In 2012, Cogent redeveloped the former Turf Club in Bukit Timah and transformed it into a one million sq ft lifestyle hub called The Grandstand. Its anchor tenants are Giant Hypermarket and PasarBella, a retail and dining space housing more than 70 independent gourmet grocers and speciality stores.
Leow maintains his ?buy? rating for the stock with a higher price target of 70 cents. This represents a potential upside of 45.8%.
Cogent Holdings has not disappointed investors, reporting a strong set of numbers for the first quarter of this year. Revenue increased 6% to $32.8 million, while earnings surged 45% to $7.8 million.
The company says revenue from its warehousing and property management services segment increased 16% to $14.7 million, thanks to a rise in the number of warehousing and logistics contracts secured by its Cogent One-Stop Logistics Hub. The hub was officially launched on Feb 22.
Other business segments also posted significant improvements. Revenue from automotive logistics management services increased 15% to $7.5 million, boosted by the increased import volume of new passenger and commercial vehicles during the quarter. Container depot management services posted a 14% increase in revenue to $5.8 million. These revenue increases were more than sufficient to offset a 19% decline in revenue from transport management services. Revenue from this segment fell to $6 million on lower contributions from customers in the oil and gas sector.
Meanwhile, operating expenses such as rentals on leased premises, fuel and utilities, storage and handling charges, and hires of vehicle and equipment saw double-digit percentage declines.
Phillip Capital analyst Richard Leow says the earnings number exceeded his expectations by almost 20%. He points out in a note dated May 16 that Cogent?s net margin improved to 23.7% from 17.2%. He has adjusted his forecasts to factor in better margins and expects Cogent to report earnings of $32.4 million this year, representing a y-o-y increase of 27.1%.
New capacity
What other growth initiatives can shareholders look forward to? On April 18, Cogent announced that it would commence construction of a new warehouse on a plot of land measuring 9.6 acres in the Port Klang Free Zone, Malaysia. The construction is part of phase two, following the completion of phase one of its warehouse and container depot facilities there. Completion is expected by April next year.
The company also signed and accepted a letter of intent issued by the Economic Development Board in respect of the company?s potential appointment as the developer of the Jurong Island Chemical Logistics Facility. If appointed, Cogent will develop, own and operate the largest integrated logistics hub on Jurong Island. Construction is set to commence in 3Q2016 and will be completed within three years.
Leow flags one hiccup in the company?s plans. Its logistics hub has a unique rooftop depot where containers can be stacked. Last year, Cogent engaged a third-party crane specialist to install a gantry crane system, but owing to a breach of contract, the company had to appoint a new crane specialist. The system is now expected to be completed in 4Q2016.
?We understand from management that the rooftop depot is currently using the conventional container stacker, [which] can stack seven to eight containers. This is in contrast to 15 containers if the crane system were to be operational,? Leow says. ?Cogent is still leasing its existing container depot yard on Jalan Terusan and may have to extend the lease.?
Awaiting announcement on deal
Shares in Cogent have surged 21.5% year to date, versus a 5% decline in the Straits Times Index. The outperformance can be partially attributed to news of a potential buyout. In January, Cogent acknowledged that it was evaluating its businesses and operations in relation to the offers it received. The company did not disclose any details. The stock had risen as high as 50.5 cents following news of the deal, but has since declined 5% to close at 48 cents on May 19, giving the company a price-to-earnings ratio of 8.09 times.
Cogent is 70.3% owned by executive chairman Tan Yeow Khoon, who founded the company as a point-to-point cargo transport firm in the 1960s. Today, apart from its logistics businesses, the company also has a property development and management business. In 2012, Cogent redeveloped the former Turf Club in Bukit Timah and transformed it into a one million sq ft lifestyle hub called The Grandstand. Its anchor tenants are Giant Hypermarket and PasarBella, a retail and dining space housing more than 70 independent gourmet grocers and speciality stores.
Leow maintains his ?buy? rating for the stock with a higher price target of 70 cents. This represents a potential upside of 45.8%.