Like I said yesterday. These small local house analysts have no deep knowledge on the sector at all. Peak valuation aside, this stock has no liquidity given its tight free float. Want to buy 500,000 shares also need to take days...imagine how I gonna sell next ? Buying illiquid stock on peak valuation is sheer mong.

LOL this DBSVS analyst lack serious understanding of the sector. Bet he didn't even visit the facilities? Riverstone is a decent co with strong mgt team - no doubt. But the entire sector is on hilltop and peak valuation - partly due to forex benefit. Buy call resting on valuation comparisons is simply mental. Why not compare with global (& larger) players like Semperit and Ansell? Both trade only on low teen fwd P/Es.

Why buy this when there is better one in HKEx's MTR (66 HK) and only 12x P/E and hardly breakdown.

chang0509: U r real mong. Factoring real inflation and better yielding alternatives, u r losing your underpant, dude.

Sales of 70m and NPAT of 6m...absolute disgrace those mongs @ SGX could only attract such tiny company with weak biz model.

OSV 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.

Expect a 12-30% retracement on this. Much larger (2-3x) Singaporean competitor Pico is trading at 8.8x p/e and 3.9x ev/ebitda. HK-listed Pico, with a proven track record nearly half a century long, has progressed from a major pan-Asia event organizer to a global brand activation company. Kingsmen is still a mere domestic event & exhibition player with nearly half of sales locally. It is on 10x p/e and 5.7x ebitda. Dun deserve such premium at all. Its limited free-float and absence of institutional interests are retarding the much needed downward adjustment in share price.

Largely expected. Why ppl didn't expect PAP landslide victory? Sheer ignorance really. Or opposition parties simply treating their voters & potentials ones mongs.

Tomorrow Spore election, any tips? I'm going with foreign pundits PAP landslide victory >67% odds-on. Not ruling out testing 1980's 77.7%.

What crab was that !? Spore mkt still not cheap and seriously lack market breadth. Big blues side (handful), mkt are pitched by small caps with limited quality. Liquidity largely driven by remisiers' trading....Nam Cheong is a Msian outfit !...u sure it will not suffer along with their O&M peers !?

Key customer concentration far too high. Prefer Memtech.

Mad izzit!? Still 'prefer...'...sell /avoid both lah !

Interesting. Looks undervalued but net gearing quite scary at +70%. News of CWT sale may spark interests on it. Limited free float.

Bursa didn't want this shit, SGX welcomed this shit...LOL

If 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

Huh? Still accumulate for what! Sector no sign of recovery; contracts cancellation, vessels idle...poorly-managed.

LOL...b4 it reaches 10c, it would have been suspended. Vessels idle and bond redemption will close them up in now time.

Freezing of 1MDB related accounts has Larry Low on the list. Sell b4 further investigation leading to suspension etc...OMG.

SKP paid rich 18x P/E for such a tiny EMS co that has quite dismal record albeit co has cash 20m. Twat! Other than a strategic add-on to their earlier investment Beyonic, no other validity really. EV/EBITDA 5.5x & 1x book look fair.

Mgt quality poor. Only upside iff sale of Mahkota Medical Centre. Heard deal is off. Dump share

Their flagship Mahkota Medical Centre deal probably off.

Stale businesses; rich valuation. Sell (or Avoid if u ain't ve any).

bgoon99: You are a Bellend !

What so unique ? Even a primary sch kid can do this on a Bloomberg...LOL

LOL...talking up or what ?

Huh, u mean u still keen ton this junk ? Most institutional investor were surprised it was even listed in the first instance. "Good' luck. LOL

Can't see the mega PEs (Bain, KKR et. al.) nor strategic buyers keen in CWT in its entirety. Its commodity biz was overpaid and a drag. It offers little synergtic benefits to its logistic which probably worth about S$850-900m (12-15x P/E)...

Australia is clearly the derivative of China slowdown. Why bother...should divest all Oz-linked holdings Tat Hong etc...

Kinda surprised as we are now in ghost month...LOL

Clear sign of bubble...wonder how much would GrabWoman be valued huh?

Desperate move to sell or list poor quality tower crane biz will do little to offset its poor showing and heavy exposure to Australia. Avoid or sell if u ve it.

Gd co with strong mgt. Valuation rich albeit slight discount to sector peak valuation. Thin stock liquidity and institutional interests add to risk.

Yucks !

Don'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!