As part of Regal’s strategy to leverage on its local knowledge and network in Sarawak, Regal has been entering into various MOUs with overseas partners such as ONG&ONG Pte Ltd, Kingsmen Exhibits Pte Ltd, SINAD Sports Pte Ltd, XY Hotel Holdings Pt Ltd and Ariva Hospitality Pte Ltd to explore various hospitality and tourism related projects.
Ben GanThe cash it has is more than its market cap as at 31.1.2016. It is the major shareholder of KESM. It holds 48.41% of KESM. KESM's share price has been on wings lately. This is probably why Sunlight is flying as well.
LanSeeBoyGlove giant Top Glove net profit dropped 40mainly due to pressures on its average selling prices and higher operational costs. Riverstone will suffer same problem. Dump your shares before is too late.
LanSeeBoyCo is 50 years old, and only made S$5.3m. You tell me !? Either the co is poorly run or its industry is small & no growth. Probably both. IPO has no public portion means co has no confident in its own business yet has big ego. Another crap on SGX.
presleyken88piece of shytt...stuck here. Loss half already. What a big mistake!
eric56Anyone know what happen to this counter, dropping a lot, short selling?
LanSeeBoyDon't bother all O&G counters. Expect more earnings downward adjustment in coming months (or years !)...Can't believe CIMB calling an ADD on this. Shameful!
LanSeeBoyLOL...b4 it reaches 10c, it would have been suspended. Vessels idle and bond redemption will close them up in now time.
LanSeeBoyIf u think this is not bad enough, then one should look at Vallianz... a laughing stock among OSV stocks. Its new CEO has no industry experience...scary. LOL
Ami Wonghelo...everyone MALAYSIA share prices opened lower on Friday at 7.00 points to 1,607.02
LanSeeBoyOSV owners such as Pacific Radiance, Vallianz,... will face a prolonged period of low (or no) vessel utilisation, with weak asset demand compounded by strong newbuild supply. Subsea (Ezra) nor liftboat (Ezion)not immune to downturn too. Massive credit risks ahead.
LanSeeBoyIs really bad, dude. Dun think their cashflow can meet their debt servicing.
LanSeeBoyCan't believe this CIMB analyst still calling an ADD...wonder he knows how serious when a co called for a change in debt covenant huh? Financial inability aside; mgt creditability gone. Reason this stock is holding is becos of its tight free float. Pang family owns >60%. 1-2 loosely-arranged funds holding big blocks (from IPO) die die still keeping their massive losses. LOL
LanSeeBoyCan't believe u still ve this ? Better get out b4 it sinks to seabed.
inphyyEzion Holdings net profit more than doubles to $36.3m
Delivers "steady" performance in 3Q13.
According to PhillipCapital, Ezion Holdings (Ezion) delivered steady net profit in 3Q13, excluding exceptional items, of $36.3m, which was 130.2% higher than 3Q12 and 5.9% higher than the previous 2Q13.
With management is expecting 3 vessels to be deployed in 4Q13 -- 1 unit in Caspian Sea, 1 in South Asia and 1 in Arabian Gulf -- the research firm predicts earnings momentum should continue into FY14E, with a 61% increase in earnings from FY13E. But as 3Q13 net gearing rose to 1.05x from 1.01x in 2Q13 (0.83x in 1Q13), PhillipCapital said Ezion could slow down its rate of project wins in an effort to control its gearing levels.
"We expect net gearing to hit 1.1x by end-FY13E, before easing to 0.8x in FY14E on improve free cash flow generation from more vessels contribution," said PhillipCapital. But the research firm raised its FY13E/14E earnings forecast for Ezion to factor in new contracts, higher margins and updated SEUs deployment schedule.
Peter Graham LancashireGreat growth Story, but what about cash flow and free cash flow which require new capital either more debt or issue new shares? Alao nil dividend policy does not suit all institutional investors. PGL
pnuklisHolding on strong. Don't feel comfortable with all the action regarding dilution of shares, jk buy ans Ausgroup cooperation. May be I am wrong
pnuklisEzion has too much action like JK Tech, Ausgroup and dilution of shares all at the same time and not sure how it benefits or slows down. Too risky till every thing settles down and if it continues to win orders!
Ben Teothis stock shall move up again....just that now the timing is damn bad...pls be patient
goldcarpsTechnically still weak, below 50 and 100 day MA.
RitaWongLooking forward to Ezion clearing past 0.65
albertlawWas at Capitalmaster Pte Ltd (Fock Wah Industrial Building)where they recommend strongly as strong accumulation of Valuetronics detected
albertlawIn Oct 2014 it broke below 30cts after negative report by Maybank-Kim Eng..hover 30-35 for sometime before it broke through 40cts and at that time target price was from 50-72cts...latest T.P is at 64cts if it can maintain its profits and dividends policy..hope can break the 50cts soon
Quite safe witrh its limited downside as the dividends yiled is much better than FD rates
albertlawValuetronics (VALUE SP, BN2) Technical BUY with 13.4% potential returns Last price: S$0.485 Target price: S$0.55 Protective stop: S$0.450 BUY with a target price of S$0.55, with stops placed at S$0.485. The stock continues to trade at above the rising 25-day SMA and a breakout could close the gap down formed on 29 Jul 14. The MACD indicator appears to have corrected moderately and looks poised to form a bullish crossover at above its centreline. Watch the MACD histogram to see if it could move above its centreline. Expected timeframe: 2 - 3 weeks. Valuetronics
Made a few round on this Valuetronics..it's owned by Hongkee..not an S chips and the beauty of this co it pays good dividends every year since ipo in 2007 and has no bank borrowings ..positive CAGR
mocicsLong time nobody talk about this stock...wonder why it continues to trade at such depress valuation? Cash is like 85% of market cap, free cash flow positive, yield around 8%, PER ex cash is around 1x....
LanSeeBoySilly mgt still keeping it listed. SME mentality, never gonna grow.
breadmani think the management saw ur comment here lanseeboy