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This bugger got any business dealing with EZRA or not. Their price descent almost started at the same time? Or just a market wary of high gearing ratio thingy going on?
MY SHARES HAVEN' T DIGEST YET .. HAVEN' T EVEN PAY BROKER AND SHARES NOT IN CDP YET
ENOUGH LOADED ALREADY FROM 11c +
NOW WAIT FOR CRUDE OIL REBOUND : )
Now got chance to hoot lower than Bro Danger liao. wait a bit longer......
sheerluck ( Date: 17-Mar-2017 12:52) Posted:
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Any news about this company operation and it is profitable ?? TQ
danger ( Date: 17-Mar-2017 13:02) Posted:
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Not bad already
Falcon last time traded above $1
InvestNotTrade ( Date: 17-Mar-2017 12:34) Posted:
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Aiya... 1c + difference only
Hoot shares cannot 1 time go in everything
Must divide into 3 or more batches
Now then say! bosong leh! Now the rest has to pick up costlier than you. nvm, gangan hoot 200!!!!!!
danger ( Date: 17-Mar-2017 12:01) Posted:
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Bought at 0.176, then 0.166.
Capitulated at 0.128 :'(
Capitulated at 0.128 :'(
I DON' T WAIT ALREADY .. SCOOP UP BIG TIME CHEAP TODAY .. THAT DAY BOUGHT 10 LOTS ...
TODAY HOOT FROM 11c to 11.3c FOR 50 LOTS
SCARE OR NO MONEY... PLEASE DO NOT FOLLOW ME
109 now...:)
sheerluck ( Date: 17-Mar-2017 10:34) Posted:
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From your call at 13cts to now 11cts. The steal got even better now. Should " steal" more now or wait for further better " steal" ?
Pls advise!!!
danger ( Date: 09-Mar-2017 09:48) Posted:
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WITH MANY O & M STOCKS IN DEPRESSED PRICE . ... AND SHUNNED BY MANY INVESTORS NOW
THIS STOCK IS AT ALL TIME LOW .. IT COULD BE TIME TO ACCUMULATE CHEAP
TRACE BACK THE HISTORICAL PRICE OF FALCON SHOWED IT TRADED AT A HIGH OF ABOUT $1 BEFORE
AT A PRICE / BOOK RATIO OF ONLY : 0.253
AND ABOUT 54% OF FALCON IS OWN BY CEO - TAN PONG TYEA
IT IS A STEAL NOW
ShareInvestor, a financial media and technology company and subsidiary of Singapore Press Holdings, holds the annual event to enhance investors' education and raise the level of financial literacy.
THE CHAMPION AND THE WINNER > > > > TOP STOCK PICK ARE LUM CHANG AND FALCON ENERGY
Falcon Energy, Mr Lim was a shareholder of CH Offshore, in which Falcon has an 86 per cent stake. At the buy-in share price of 22.5 cents, he was getting the counter at a 47.6 per cent discount to the NAV of 43 cents.
The earnings per share was 3.81 cents (excluding CH Offshore), the PE ratio was 5.832 and the dividend yield was 6.6 per cent. He projected a target price of 30 cents, which would translate to a potential 33 per cent upside.
One key consideration was that Falcon' s market cap was $182 million versus CH Offshore' s market cap of $348 million. So I am paying $182 million for something that includes a $348 million subsidiary,he said.
Mr Lim ' s research showed that the potential catalysts included the majority ownership stake in CH Offshore, which has zero borrowings and had been cash-flow positive for the past decade.
The strengthening United States dollar, the firm' s steady dividend policy of 1.5 cents a year for the past two years and its share buybacks early this year were also seen as positives. The risks include the high gearing and the prolonged weaknesses in the oil and gas sector.
The target price of 50 cents for Lum Chang and 30 cents for Falcon are still at discounts to the companies' approximate NAVs. And given the potential earnings catalysts, there is a good chance that the NAVs might increase in the coming year, added Mr Lim.