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521-540 of 566
Great. $1.05 new high.
This one bond is well taken up show invester is confident in this counter. Soon BB will chase up the px.
This one was delist and causes me to lose some money, hope this time recover my losses.
Bought 98.
$1.00 now, reaching $1.015 earlier in the day. Volume up to 1905 lots.
Stock has been range-bound for some time. HSBC raised CourtsAsia target price to $1.44 from $1.19. Volume has moved up to 1236 as of now. But is there enough momentum to move it beyond $1 ?
Courts Asia has issued $125 million of 4.75% fixed rate notes due 2016. The net proceeds will be used for repaying existing borrowings and financing general corporate purposes of the company.
...Last Done: $0.975...
today rise to 0.98 ..nobody wanna buy yesterday... bought and unloaded 10 lots for some kopi money
courts underated again due to recent sell off from bad market... time to buy in... 10 lots
SG Daily: Courts Asia
Courts Asia is an under-rated direct play on the ASEAN consumption story. A retailer of furniture and electrical goods, its consumer financing facility differentiates it in the areas of superior margins and market leadership. We initiate BUY with a TP of $1.49, for upside of 63.7%. Courts’ unique in-house credit financing facility adds an alluring factor for investors, as it allows the facility to enjoy much higher margins than its competitors who rely on third party credit providers. Courts is able to tap into cheap funding to grow a non-retail income stream, and earn a lucrative spread. For its market position and sustainable growth model, we value Courts at a modest 16.4x FYMar14 earnings, on par with the best in Singapore for consumer products distributors, but 20% lower than regional retailers in high consumption countries such as Philippines, Indonesia and Thailand.
... after hit high of $1.01, CourtsAsia keep retreat to $0.875 now.
... support at $0.81-0.82... ?.?.?...
Courts Asia
is doing quite well recently.... better than CoscoCorp, in about the same price range.
Due to Lunar New Year shopping??
Courts Asia:
CEO note that grp is well paced for 2013, and such strategies include developing innovative new services, the regeneration of its shops and enhancing its online shopping experience so that Courts continues to stay ahead of the pack in an intensely competitive part of the retail sector.
Grp add that although SG economy is slowing, the exceptionally healthy job mkt, with near full employment, is helping to support the retail industry as consumer confidence remains strong.
However cautioned that eye-catching results will not be repeated every quarter as some of the co's growth strategies might not have an immediate impact.
In addition to building its presence in Malaysia, grp will also expand into Indonesia, where the economy there is growing much faster than many of its regional peers, resulting in a rapid expansion of the middle-class section of the population.
After stuck for 2 months which I bought 80 cents on the first day of IPO, I have managed to dump it at 85 cents......
if he threw at 0.82 on the 1st day, that's 5cts profit, not bad leh!
Bon3260 ( Date: 18-Oct-2012 13:54) Posted:
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If I could borrow this share, I could have shorted 10 lots at the first day listing. Without borrowing, you need at least 2 cents difference for at least $100++ coffee cum lunch and cinema show with your gal.
AnthonyTan ( Date: 18-Oct-2012 14:00) Posted:
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In this game, u win some and u lose some.
Remember not to lose until u pok. (bankrupt)
My friend v happily & told me dat day he subscribed 20 lots & got it all.
But juz now I tried many times & called his Hp.
Cnt reach him ley...
('',)
Thk he muz b in Hospital now... Poor thg... : (
Bon3260 ( Date: 11-Oct-2012 14:40) Posted:
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this is a very tricky situation. you think it cannot drop so much
and keep average down. BBs is there watching.
they can create wonder and press the price down
all the way to even $0.60. if they wanted to.
why is this share dropping so much??? who is selling so heavily?
Gone case... my 5 lots at 80 cents... Fell below IPO price...Champion... I dare you drop to 10 cents!!!
Ya, I already warned against applying for the shares before it was listed.
derekchong ( Date: 18-Oct-2012 11:16) Posted:
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