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Based on today's exchange rate of 5.73 the price should be 32 cents. More upside expected
fruitfulness ( Date: 07-Oct-2021 00:30) Posted:
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Amazing this one trails HK side by 5c. It' s too huge a gap. Hope it will head 25 or 26 tomorrow!
Based on today's exchange SGD to HKD @ 5.74. SIIC at HKD1.56 it work out to be worth SGD 27 cents. More upside to come
HK side HK1.45 which is about $0.248
SmallSmall ( Date: 14-Sep-2021 08:32) Posted:
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Announced last night.
Awarded 5,000-tonne WWTP Project in Heilongjiang Province The Company&rsquo s indirect 57.9687% owned subsidiary, Shuangyashan Longjiang Environmental Protection Water Co., Ltd. (雙 鴨 山 龍 江 環 保 水 務 有 限 責 任 公 司 ) has signed an O& M agreement with the Sifangtai District Municipal Facilities Maintenance Center, regarding Shuangyashan Town Sifangtai Distrit WWTP Project (&ldquo Sifangtai Project&rdquo ). Sifangtai Project has a total designed capacity of 5,000 tonnes per day. The O& M period shall last for eight years and the discharge standard is Class I Standard A.
Ready to move higher today when HK opens
Awarded 5,000-tonne WWTP Project in Heilongjiang Province The Company&rsquo s indirect 57.9687% owned subsidiary, Shuangyashan Longjiang Environmental Protection Water Co., Ltd. (雙 鴨 山 龍 江 環 保 水 務 有 限 責 任 公 司 ) has signed an O& M agreement with the Sifangtai District Municipal Facilities Maintenance Center, regarding Shuangyashan Town Sifangtai Distrit WWTP Project (&ldquo Sifangtai Project&rdquo ). Sifangtai Project has a total designed capacity of 5,000 tonnes per day. The O& M period shall last for eight years and the discharge standard is Class I Standard A.
Ready to move higher today when HK opens
breaking up...good volume
SmallSmall ( Date: 13-Sep-2021 14:09) Posted:
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This one HK side doing HK1.35 which is about $0.23
Following the footstep of China Everbright Water.
Both dual listed and fungible
Following the footstep of China Everbright Water.
Both dual listed and fungible
My response to mquestions in another gp chat.
My takes on SIIC are strictly based on a few factors:
1. revenue trend
2. profit trend
3. dividend/dividend yield
4. price earning ratio (p/e)
5. other considerations - nta, safety,etc.
To date SIIC has been consistent, showing steady growth in revenue and profits for 5 continuous year.
The dividend has been consistent too varying from 1.0 to 2.0 cents giving a yield of more than 5.0%.
I expect current full year dividend to be 1.5% giving a yield of 7.8% based on current price of 19.3 cents.
Based on half year earnings, the price earning ratio should be around 3.5X, which is extremely cheap
for a growth stock.
The low price today is mainly due to lack of interest in this stock. Its outside the radar of most investors.
And this is probably why is so " cheap" .
I am a patient and long term holder and so long long as the story line hold I am comfortable with the
current lack of interest in the stock. Many of my past picks have this characteristic but eventually it
paid off. One example is Excelpoint which I held for a few years. Finally it paid off as a milti bagger.
Another is Kimly Limited which I have held for 2 plus years. Lately it had run up and is up almost 100%.
I am still holding as i think current price is still too cheap.
Above is just my sharing. Can be right or can be wrong. Conviction and patience are important.
My takes on SIIC are strictly based on a few factors:
1. revenue trend
2. profit trend
3. dividend/dividend yield
4. price earning ratio (p/e)
5. other considerations - nta, safety,etc.
To date SIIC has been consistent, showing steady growth in revenue and profits for 5 continuous year.
The dividend has been consistent too varying from 1.0 to 2.0 cents giving a yield of more than 5.0%.
I expect current full year dividend to be 1.5% giving a yield of 7.8% based on current price of 19.3 cents.
Based on half year earnings, the price earning ratio should be around 3.5X, which is extremely cheap
for a growth stock.
The low price today is mainly due to lack of interest in this stock. Its outside the radar of most investors.
And this is probably why is so " cheap" .
I am a patient and long term holder and so long long as the story line hold I am comfortable with the
current lack of interest in the stock. Many of my past picks have this characteristic but eventually it
paid off. One example is Excelpoint which I held for a few years. Finally it paid off as a milti bagger.
Another is Kimly Limited which I have held for 2 plus years. Lately it had run up and is up almost 100%.
I am still holding as i think current price is still too cheap.
Above is just my sharing. Can be right or can be wrong. Conviction and patience are important.
I have been picking up some SIIC in the last few months. Have found the sellers to mostly be using:
79 - J.P. Morgan Securities Singapore
47 - UBS Securities
78 - Merrill Lynch (Singapore) Pte Ltd
This probably implies that the sellers could most likely be institutions and not retail investors.
Considering the improving performance of the company and the first time interim dividends declared in the 1H21 results, I just wonder what would be the motivating factor for large investors to reduce their stake at close to all time low prices...
Any inputs would be most welcome
79 - J.P. Morgan Securities Singapore
47 - UBS Securities
78 - Merrill Lynch (Singapore) Pte Ltd
This probably implies that the sellers could most likely be institutions and not retail investors.
Considering the improving performance of the company and the first time interim dividends declared in the 1H21 results, I just wonder what would be the motivating factor for large investors to reduce their stake at close to all time low prices...
Any inputs would be most welcome
Price history.
52 weeks
high - 25.0 cents
low - 17.2
2 years
high - 30.0 cents
low - 17.2
5 years
high - 66.5 cents
low - 17.2
at time of post - 19.3 cents
52 weeks
high - 25.0 cents
low - 17.2
2 years
high - 30.0 cents
low - 17.2
5 years
high - 66.5 cents
low - 17.2
at time of post - 19.3 cents
But the price of this stock continue to be suppressed. Good for dividend but not for price return.
josephyeo ( Date: 10-Aug-2021 08:41) Posted:
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SIIC Environment - dividend history:
2018 - 2.0 cents
2019 - 1.0 cent
2020 - 1.0 cent
2021 - 0.5 cent interim.
Company normally does not declared interim dividend. Current
year is an exception where a dividend of 0.5 cent is declared. Going
forward, it is highly probable that another 1.0 cent would be declared
in the 2nd half, giving a full dividend of 1.5 cents.
On current price of 18.7 cents, the dividend yield, based on 1.0 cent is 5.34%.
On full year dividend of 1.5 cents the yield is 8.0%. The 1.5 cents may/may not
materialise.
For info only. Dyodd. Vested!
2018 - 2.0 cents
2019 - 1.0 cent
2020 - 1.0 cent
2021 - 0.5 cent interim.
Company normally does not declared interim dividend. Current
year is an exception where a dividend of 0.5 cent is declared. Going
forward, it is highly probable that another 1.0 cent would be declared
in the 2nd half, giving a full dividend of 1.5 cents.
On current price of 18.7 cents, the dividend yield, based on 1.0 cent is 5.34%.
On full year dividend of 1.5 cents the yield is 8.0%. The 1.5 cents may/may not
materialise.
For info only. Dyodd. Vested!
SIIC Environment just released another good set of half year 2021 result.
See below:
Revenue up by 25.0% and profit up by 18.3%.
Above for info only. Vested!
See below:
| SIIC (S$ X1000) | HY' 21 | HY' 21 | % |
| revenue | 693002.1 | 554323.56 | 25.0 |
| profit | 69875.61 | 59060.19 | 18.3 |
Revenue up by 25.0% and profit up by 18.3%.
Above for info only. Vested!
Share some datas below:
From the above, it can be seen that the company' s revenue and profits have been growing
in the last 5 years. Current half year result is also better than last year. This implies that
2021 financial result will be the company' s best in the last 5 years.
Vested. Above for info only.
| SIIC (S$ X1000) | FY' 16 | FY' 17 | FY' 18 | FY' 19 | FY' 20 | 1H' 21 |
| revenue | 556,100 | 974,248 | 1,115,802 | 1,251,499 | 1,312,907 | 693,002 |
| profit | 95,534 | 112,487 | 113,450 | 126,053 | 133,422 | 69,876 |
From the above, it can be seen that the company' s revenue and profits have been growing
in the last 5 years. Current half year result is also better than last year. This implies that
2021 financial result will be the company' s best in the last 5 years.
Vested. Above for info only.
Half year financial result should be out in a few weeks time.
Last year result was out on 7 Aug.
Last year result was out on 7 Aug.
Repost.
Some basics datas:
1. trailing p/e - 3.9X
2. dividend yield - 4.9%
3. nta - 72.0 cents
4. current price - 21.0 cents.
5. profit since 2018:
2018 - profits $112.4 mil
2019 - profits $126.0 mil
2020 - profits $131.3 mil
For info only. Dyodd.
Some basics datas:
1. trailing p/e - 3.9X
2. dividend yield - 4.9%
3. nta - 72.0 cents
4. current price - 21.0 cents.
5. profit since 2018:
2018 - profits $112.4 mil
2019 - profits $126.0 mil
2020 - profits $131.3 mil
For info only. Dyodd.
I think this one should be ok. They are dealing w essentials.
Most businesses are done w govt/semi govt bodies.
Their revenues are in the $billions. Btw, its a state owned company.
Most businesses are done w govt/semi govt bodies.
Their revenues are in the $billions. Btw, its a state owned company.
the S chip factor still attribute some negative sentiments..
josephyeo ( Date: 16-Jun-2021 09:50) Posted:
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