ES    Last:0.048    -0.001

ES Group-Good Buy

It is a cheap $ 8 million shell, with netcash some more. 

SmallSmall      ( Date: 14-Oct-2021 13:56) Posted: Undervalued stock with cash value of $0.077 and NAV of $0.2069. Issue and paidup capital very small 141.2 mil of which public float only 21%. O& M counter like Kim Heng. Recovery play

 

Undervalued stock with cash value of $0.077 and NAV of $0.2069.
Issue and paidup capital very small 141.2 mil of which public float only 21%.
O& M counter like Kim Heng.
Recovery play

 

Very illiquid stock. Very undervalued. Should just privatise. 

PhillipTan      ( Date: 03-Aug-2021 23:10) Posted: ES Group flags H1 net loss on Covid-led manpower constraints, lower chartering revenue Ship building and repairing company ES Group is expected to suffer a net loss for the six months ended June 30, 2021 (H1 2021) amid the prolonged global pandemic. In a profit guidance note on Tuesday, the Catalist-listed group said net loss is attributable to a decline in revenue brought about by manpower constraints in its shipyard activities, due to restrictions on safe-entry approval to enter Singapore for overseas workers returning from home leave. Lower chartering revenue from its shipping segment due to Covid-led disruptions also contributed to overall net loss. ES Group is in the process of finalising its unaudited consolidated financial results for H1 2021, which will be released on or before Aug 14. The group said it is monitoring the developments of its businesses and continues to review and assess the carrying value of its assets as it finalises its results. Shares of ES Group last traded at 7.6 Singapore cents on July 30.

 

ES Group flags H1 net loss on Covid-led manpower constraints, lower chartering revenue

Ship building and repairing company ES Group is expected to suffer a net loss for the six months ended June 30, 2021 (H1 2021) amid the prolonged global pandemic.

In a profit guidance note on Tuesday, the Catalist-listed group said net loss is attributable to a decline in revenue brought about by manpower constraints in its shipyard activities, due to restrictions on safe-entry approval to enter Singapore for overseas workers returning from home leave.

Lower chartering revenue from its shipping segment due to Covid-led disruptions also contributed to overall net loss.

ES Group is in the process of finalising its unaudited consolidated financial results for H1 2021, which will be released on or before Aug 14.

The group said it is monitoring the developments of its businesses and continues to review and assess the carrying value of its assets as it finalises its results.

Shares of ES Group last traded at 7.6 Singapore cents on July 30.

 

 

Cant remember it was so long ago 2014 that this thread was created. Time flies, but the stock has not flown!

tea444u      ( Date: 19-Aug-2014 21:51) Posted: yah that is true...sigh..if only the bbs came in...so low float...so easy to control plus price way below nav of 25 cents.... haizzzzzz lifeisgood      ( Date: 19-Aug-2014 20:58) Posted: Very illiquid. People scared of not being able to get out.

 

yah that is true...sigh..if only the bbs came in...so low float...so easy to control plus price way below nav of 25 cents.... haizzzzzz

lifeisgood      ( Date: 19-Aug-2014 20:58) Posted: Very illiquid. People scared of not being able to get out. tea444u      ( Date: 19-Aug-2014 20:11) Posted: how come no one interested here? no bbs inside? low float easy to push...giving dividends and profitable?

 

Very illiquid. People scared of not being able to get out.

tea444u      ( Date: 19-Aug-2014 20:11) Posted: how come no one interested here? no bbs inside? low float easy to push...giving dividends and profitable?

 

how come no one interested here? no bbs inside? low float easy to push...giving dividends and profitable?