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NamCheong    Last:1.21    +0.01

Namcheong : strong and profitable - will cheong

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superstartup
    09-Mar-2026 14:18  
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Slowly bought back again.
 
 
Louistan
    05-Mar-2026 22:50  
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The CEO bought 300,000 shares yesterday and 100,000 today.

stlimst      ( Date: 05-Mar-2026 22:10) Posted:

Hmmm....CEO is actively buying NamCheong shares.
Maybe time to wade into this counter again.

JurongW      ( Date: 05-Mar-2026 17:34) Posted:

CEO of Nam Cheong bought 100,000 shares at $1.408 on 4 Mar.

Details

https://links.sgx.com/1.0.0/corporate-announcements/CWOS0JK8OQRBSD2S/877510__eFORM1V2_LSK.pdf


 
 
stlimst
    05-Mar-2026 22:10  
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Hmmm....CEO is actively buying NamCheong shares.
Maybe time to wade into this counter again.

JurongW      ( Date: 05-Mar-2026 17:34) Posted:

CEO of Nam Cheong bought 100,000 shares at $1.408 on 4 Mar.

Details

https://links.sgx.com/1.0.0/corporate-announcements/CWOS0JK8OQRBSD2S/877510__eFORM1V2_LSK.pdf

 

 
JurongW
    05-Mar-2026 17:34  
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CEO of Nam Cheong bought 100,000 shares at $1.408 on 4 Mar.

Details

https://links.sgx.com/1.0.0/corporate-announcements/CWOS0JK8OQRBSD2S/877510__eFORM1V2_LSK.pdf
 
 
stlimst
    03-Mar-2026 12:40  
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I did tjhe same.
Target reached..
Thanks NamCheong.

superstartup      ( Date: 03-Mar-2026 11:40) Posted:

Decided to sell all, including my long term portion. Current price met my own target PE (around 10x at current price, though still low compared to Peers.)
Had a very good run the last few months.
Thanks Nam Cheong.

 

 
 
superstartup
    03-Mar-2026 11:40  
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Decided to sell all, including my long term portion. Current price met my own target PE (around 10x at current price, though still low compared to Peers.)
Had a very good run the last few months.
Thanks Nam Cheong.

 
 

 
superstartup
    03-Mar-2026 11:14  
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Good re-rating after result release.
Nice.

superstartup      ( Date: 25-Feb-2026 09:32) Posted:

Now wait for the upcoming result.
And hopefully more brokerage firms joined in then.

 
 
stlimst
    28-Feb-2026 09:22  
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Bro, if you want good dividends, go for REIT or my perennial favourite Kep Infra Trust.
NamCheong mgtm needs funds to execute their strategy and build the company stronger.
Don't be too concerned with dividend at this stage.
Go for share price appreciation.

hschsc      ( Date: 28-Feb-2026 08:59) Posted:

Stingy companies refuse to pay dividends even when they make a lot of money.How can we support iy?

stlimst      ( Date: 28-Feb-2026 08:52) Posted:

Resulted reported.
Very strong performance and good forward guidance.
Expect NamCheong to cheong to 150.


 
 
hschsc
    28-Feb-2026 08:59  
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Stingy companies refuse to pay dividends even when they make a lot of money.How can we support iy?

stlimst      ( Date: 28-Feb-2026 08:52) Posted:

Resulted reported.
Very strong performance and good forward guidance.
Expect NamCheong to cheong to 150.

 
 
stlimst
    28-Feb-2026 08:52  
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Resulted reported.
Very strong performance and good forward guidance.
Expect NamCheong to cheong to 150.
 

 
melody88
    27-Feb-2026 11:58  
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when is the upcoming results? chiong for 1 day now drop to 1.38.... 
 
 
superstartup
    25-Feb-2026 09:32  
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Now wait for the upcoming result.
And hopefully more brokerage firms joined in then.
 
 
superstartup
    24-Feb-2026 11:41  
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Quiet board is v good.
 
 
superstartup
    24-Feb-2026 09:52  
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CGS TP of S$1.87, with the following " ...  We forecast 2 third-party newbuild orders worth a total US$30m (RM120m) in 2026F for delivery in 2028F. .... "
This morning announcement by Nam Cheong is a single order of USD $64.5m with delivery in 2H 2027 and early 2028. Well exceeded CGSI forecast. And this is only the beginning of FY2026
Now wait for CSGI to revise up the TP.

superstartup      ( Date: 02-Feb-2026 10:19) Posted:

CGS International:
We initiate coverage on Nam Cheong with an Add call and TP of S$1.87 on 11x FY27F P/E, in line with peers. Stock trades at 35% discount to peers. Fleet expansion, better utilisation and potential newbuild order wins underpin our estimated 12% core net profit CAGR over FY25F-27F. Key re-rating catalysts: stronger-than expected newbuild orders, resumption of dividends and capital recycling to fund growth and debt repayment.

Now wait for UOB KH, etc. to join in too.

 

 
 
superstartup
    12-Feb-2026 10:18  
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Squat here for certainty of result, and highly OSV new build orders (for re-rating).
 
 

 
superstartup
    11-Feb-2026 11:32  
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2m shares at 144 Ask waiting to be bought up.
 
 
superstartup
    11-Feb-2026 10:28  
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Can slowly collect again.

superstartup      ( Date: 02-Feb-2026 14:33) Posted:

Stock trades at 35% discount to peers.
TP $1.87 by CGSI

Luckily am over here (and Singholdings) in a sea of red.


( as usual, please perform your own DD )

superstartup      ( Date: 02-Feb-2026 10:19) Posted:

CGS International:
We initiate coverage on Nam Cheong with an Add call and TP of S$1.87 on 11x FY27F P/E, in line with peers. Stock trades at 35% discount to peers. Fleet expansion, better utilisation and potential newbuild order wins underpin our estimated 12% core net profit CAGR over FY25F-27F. Key re-rating catalysts: stronger-than expected newbuild orders, resumption of dividends and capital recycling to fund growth and debt repayment.

Now wait for UOB KH, etc. to join in too.

 


 
 
melody88
    10-Feb-2026 10:02  
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today high at 1.37. heading to 1.4 series wave soon. getting closer and closer to DBS forecast 
 
 
melody88
    09-Feb-2026 15:33  
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finally break $1.30.... hopefully can hit to the next wave 1.4 by end of this week
 
 
stlimst
    09-Feb-2026 15:24  
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Reached my target price.
Thanks NamCheong...living up to its name..cheong!

superstartup      ( Date: 09-Feb-2026 15:22) Posted:

Above $1.30. Nice : )

 
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