Post Reply
441-460 of 601
I was also thinking of 20 like Bro/Sis HB 8289.......
any tp for today... ?
Siwomp ( Date: 21-Jul-2017 09:22) Posted:
|
I usually locked in some profit after a spike.......
take profit now?
Siwomp ( Date: 21-Jul-2017 09:16) Posted:
|
Great start to the morning...... my 4 days old investment already up 40+%............. doing charity and celebrating later. 
So early reaches 2 cts afternoon will go high next level 3 cts ahead
HB8289 ( Date: 21-Jul-2017 09:00) Posted:
|
Wow..bigdaddy Huat lo...0.018 already
Bigdaddy ( Date: 20-Jul-2017 23:58) Posted:
|
Huat ga seow!!
Today target 0.025....
Should easily reach 2 cts today ..my predicition
Faith had finally been paid off..
CHIONG Ah.....
Heavy Q at 0.016 cts
Soon it should reach at least 5Cts half of 2012 IPO price level
Thursday, 17 May 2012
Swee Hong Limited
Swee Hong Limited (" Swee Hong" or " Company" ) is offering 97.8m shares comprising 68.5m New Shares and 29.3m Vendor shares at $0.225 each. 2.8m shares will be for the public and 95m shares via placement. The offer will close on 21 May 2012 at 12pm. The Company intend to use the funds to acquire equipment and machinery and to fund its expansion.
Swee Hong is principally engaged in civil engineering works and micro tunnelling works in Singapore. It currently has $46m order books. Revenue grew from $31.8m in FY09 to $84.4m in FY11. Net profit fluctuate from $8.8m in FY09 to $15.7m in FY10 before dropping to $12.3m in FY11. The FY starts from 1 Jul and ends on 30 Jun. For the 3 months ended 30 Sep 2011, the revenue was $27m and the net profit was $1.659m.
The NAV per share based on the enlarged share cap is 13.62 cents and the EPS for FY12 assuming the service agreement was in place will be around 3.18 cents. That translate into a historical PER of around 7.07x. The market cap will be around $82.91m.
The Company intend to distribute at least 20% of its net profit after tax attributable to shareholders as dividends for FY2012 and FY2013. Assuming EPS remained at 3.18 cents, that will mean the dividend is about 0.636 cents. That will mean the yield is around 2.82%. However, since the FY12 will be ending on 30 June, the dividend payout could be sooner. Unfortunately, i am assuming the net profit will be the same and i am not privy to the company' s projected FY12 performance. In this regard, please take it with a huge pinch of salt.
I have to say that the Company is rather brave to go for an IPO under current market sentiments. Only time will tell if this is a act of bravery or foolishness. In any case, its listed competitors will include OKP Holdings and Hock Lian Seng. Accordingly to CapitalIQ, OKP is trading at FY12 PE of 6.5x and historical PE of 5.9x. Hock Lian Seng is at historical PE of 3.8x.
Swee Hong is principally engaged in civil engineering works and micro tunnelling works in Singapore. It currently has $46m order books. Revenue grew from $31.8m in FY09 to $84.4m in FY11. Net profit fluctuate from $8.8m in FY09 to $15.7m in FY10 before dropping to $12.3m in FY11. The FY starts from 1 Jul and ends on 30 Jun. For the 3 months ended 30 Sep 2011, the revenue was $27m and the net profit was $1.659m.
The NAV per share based on the enlarged share cap is 13.62 cents and the EPS for FY12 assuming the service agreement was in place will be around 3.18 cents. That translate into a historical PER of around 7.07x. The market cap will be around $82.91m.
The Company intend to distribute at least 20% of its net profit after tax attributable to shareholders as dividends for FY2012 and FY2013. Assuming EPS remained at 3.18 cents, that will mean the dividend is about 0.636 cents. That will mean the yield is around 2.82%. However, since the FY12 will be ending on 30 June, the dividend payout could be sooner. Unfortunately, i am assuming the net profit will be the same and i am not privy to the company' s projected FY12 performance. In this regard, please take it with a huge pinch of salt.
I have to say that the Company is rather brave to go for an IPO under current market sentiments. Only time will tell if this is a act of bravery or foolishness. In any case, its listed competitors will include OKP Holdings and Hock Lian Seng. Accordingly to CapitalIQ, OKP is trading at FY12 PE of 6.5x and historical PE of 5.9x. Hock Lian Seng is at historical PE of 3.8x.
Super Turbo Charge Ahead
Company is completely and absolutely released and discharged from all claims, obligations and liabilities and indebtedness of the Company to each and all Eligible Creditors, whatsoever and howsoever arising out of, or in connection with, the Approved Outstandings and/or under the Scheme. As such, the Scheme has come to an end. In the meantime, the Board would advise shareholders and the investing public to exercise caution before making any decision in respect of their dealings in the Company&rsquo s shares.
Company is completely and absolutely released and discharged from all claims, obligations and liabilities and indebtedness of the Company to each and all Eligible Creditors, whatsoever and howsoever arising out of, or in connection with, the Approved Outstandings and/or under the Scheme. As such, the Scheme has come to an end. In the meantime, the Board would advise shareholders and the investing public to exercise caution before making any decision in respect of their dealings in the Company&rsquo s shares.
Today I accidently post buy 300,000 shares at 14 twice.. end up with 600,000.. was a bit caution if I bought too much at high price.. now relieved to her this great news! Just huta ah
Best of luck to all )
nihc13 ( Date: 20-Jul-2017 22:37) Posted:
|
Huat ah!
Vested ever since 0.006 and 0.011.. let's embark into a journey of a grand slam home run. Shiok
miami3787 ( Date: 20-Jul-2017 21:58) Posted:
|
Time up super turbo charge ahead
CIVIL engineering and construction firm Swee Hong has announced the end of the scheme of arrangement between the company and its creditors, which took effect in December 2015.
" Approved outstandings of all eligible creditors under the scheme have been paid and discharged in full," the firm said.
Swee Hong, which ran into financial trouble and had to undergo debt restructuring in recent years, last traded at S$0.014.
CIVIL engineering and construction firm Swee Hong has announced the end of the scheme of arrangement between the company and its creditors, which took effect in December 2015.
" Approved outstandings of all eligible creditors under the scheme have been paid and discharged in full," the firm said.
Swee Hong, which ran into financial trouble and had to undergo debt restructuring in recent years, last traded at S$0.014.