Hi-P - 3rd Aug 2017
Hi-P reports 97.5% yoy surge in net profit to S$15.1 million for
2Q2017; enters into production ramp-up phase for 2H2017
Declare interim dividend of 1.9 cents.
Heading into 2H2017 where the Group expects stronger sales as compared to 1H2017, the Group’s
inventories increased from S$142.9 million as at 31 December 2016 to S$155.4 million as at 30 June
2017.
The Group’s robust business operations continued to generate strong positive operating cash flows
amounting S$51.5 million for 2Q2017. This contributed to balance sheet strength as cash, cash
equivalents and restricted bank deposits increased from S$120.7 million as at 31 December 2016 to
S$255.2 million as at 30 June 2017. Correspondingly, the Group’s net cash position improved to
S$156.5 million as at 30 June 2017 (31 December 2016: S$25.1 million).
Hi-P has a fantastic upward thrust bar presented today on the chart. Couple with super high volume, this is rather bullish.
The closing price of $1.16 is hovering near the all time high price of $1.23.
TA wise, looks positive. It may likely continue to trend higher to re-test 1.20 then 1.25.
( trade base on your own decision)
https://spore-share.com or sporeshare.blogspot.com It is very important to equip and educate ourselves with the Trading or investing knowledge. Don’t rely on tips! Ensure we have a proper plan in place whenever we enter a trade. Don’t speculate and trade without knowing what you are trying to achieve. Only trade when the trading opportunity arise. All information provided is just just for sharing. (Trade/Invest base on your own decision!)
Thursday, August 3, 2017
Wednesday, August 2, 2017
Far East Orchard
Far East Orchard
Far East Orchard is hovering between the price range of $1.51 to $1.58 seems to be a good support level. The NAV is about $2.89 as reported on the Second quarter result for 30 June
2017 seems to be trading at a Great discount of almost 50% ( Margin Of Safety).
Dividend of 6 cents for the Past 5 years, yield of 3.92%
P/B is about 0.53
Company is profitable .
Although the half year financial results has came down quite substantially down 66% to 16.8m.
The current price of $1.53 seems like super undervalue. A rare gems not to be missed!
Let's say we can roughly work out the short term TP of $1.73(6 X NAV $2.89) .
I think this TP of $1.73 could be quite easy to achieve.
Or a slightly higher TP of 0.65 X $2.89= $1.88
Dyodd.
( trade base on your own decision)
Far East Orchard is hovering between the price range of $1.51 to $1.58 seems to be a good support level. The NAV is about $2.89 as reported on the Second quarter result for 30 June
2017 seems to be trading at a Great discount of almost 50% ( Margin Of Safety).
Dividend of 6 cents for the Past 5 years, yield of 3.92%
P/B is about 0.53
Company is profitable .
Although the half year financial results has came down quite substantially down 66% to 16.8m.
The current price of $1.53 seems like super undervalue. A rare gems not to be missed!
Let's say we can roughly work out the short term TP of $1.73(6 X NAV $2.89) .
I think this TP of $1.73 could be quite easy to achieve.
Or a slightly higher TP of 0.65 X $2.89= $1.88
Dyodd.
( trade base on your own decision)
Saturday, July 29, 2017
WILMAR INTL
WILMAR INTL - 29th July 2017
Wilmar Intl from TA point of view is on a down trend mode. Currently, price is being traded in a consolidated zone.
A breaking down of $3.27 may smell trouble as it may subject to further selling down pressure.
Once $3.27 has been taken down. I think it may likely continue to trend lower to test $3.20 then $3.10 with extension to $3.00.
( trade base on your own decision)
Wilmar Intl from TA point of view is on a down trend mode. Currently, price is being traded in a consolidated zone.
A breaking down of $3.27 may smell trouble as it may subject to further selling down pressure.
Once $3.27 has been taken down. I think it may likely continue to trend lower to test $3.20 then $3.10 with extension to $3.00.
( trade base on your own decision)
Friday, July 28, 2017
Sunningdale Tech
Sunningdale Tech - 29th July 2017
I have roughly worked out the EPS DCF value for Sunningdale Tech of which I have derived the Fair value of $2.944 .
CAGR - 22.39%
Discount Factor - 12%
Current share price - $2.00
Net Cash Per share - 50+ cents.
Total Equity 188+m
EPS (diluted) 17.5 cents.
PE 11.4x
Industry average PE of 14.4x
Lets put in a further discount of 15% base on the computed fair value of $2.944, the discounted EPS fair value is $2.50.
At least we can still see another 25% upwards move towards the fair value of $2.50 from the current price of $2.00/
Not a call to Buy or Sell.
Dyodd
( trade base on your own decision)
I have roughly worked out the EPS DCF value for Sunningdale Tech of which I have derived the Fair value of $2.944 .
CAGR - 22.39%
Discount Factor - 12%
Current share price - $2.00
Net Cash Per share - 50+ cents.
Total Equity 188+m
EPS (diluted) 17.5 cents.
PE 11.4x
Industry average PE of 14.4x
Lets put in a further discount of 15% base on the computed fair value of $2.944, the discounted EPS fair value is $2.50.
At least we can still see another 25% upwards move towards the fair value of $2.50 from the current price of $2.00/
Not a call to Buy or Sell.
Dyodd
( trade base on your own decision)
Thursday, July 27, 2017
BreadTalk
BreadTalk - 27th July 2017
BreadTalk had a very nice white thrust bar appeared on the Chart today which is rather bullish.
Although the volume bar is not that high. We would prefer to see a higher volume that will be augur well for the stock price to trend higher.
Short term wise, I think it may likely pull back.
If it is able to re-conquer the recent high of 1.73 then we may see it rises higher towards 1.80 then 1.90 .
( trade base on your own decision)
BreadTalk had a very nice white thrust bar appeared on the Chart today which is rather bullish.
Although the volume bar is not that high. We would prefer to see a higher volume that will be augur well for the stock price to trend higher.
Short term wise, I think it may likely pull back.
If it is able to re-conquer the recent high of 1.73 then we may see it rises higher towards 1.80 then 1.90 .
( trade base on your own decision)
DBS
DBS - 27th July 2017
DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.
Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.
Same goes for property counters.
Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)
DBS has a very nice uptrend move today and managed to conquer the previous high of 21.95 and close well at 22.25. Couple with high volume , this is rather bullish.
Similar patterns are also being happened for Ocbc & Uob. Bank counters are driving the STI higher and higher.
Same goes for property counters.
Short term wise, i think DBS like to test 23 dollars then 23.50 with extensiton to 24.00.
( trade base on your own decision)
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