SingTel - from TA point of view , it is being stucked in a consolidation mode chart patterns!
Currently , the trading price is $3.35.
PE of 14.92 , EPS of 23.6 cents, rolling EPS of 34.6 cents. NAV of $1.811.
Dividend of 17.5 cents excluding any special dividend , yield at 5.22% looks pretty attractive!
In fact , the yield is much higher than ComfortDelGro .
ComfortDelGro & M1 price has began to rise , I don't see any reason or obstacle why SingTel price is not heading higher!
It will need a nice breaking out of $3.40 in Order to rise higher towards $3.50 and above .
Looking through the past years financial results , we can notice that singtel Total Revenue is maintaining within the range of 16.8B to 17.5B.
Fluctuation is rather small.
Diluted EPS is slightly lowered from 18.2 cents to 16.7 cents.
Return Of Assets is rather Low grow at the rate of 3.65%.
Ops cash flow seems strong/pretty healthy , fluctuating between 5.25B to 5.89B.
Returnss of Equity is pretty good at 19.86%. A double digits grow.
I think Current price Seems attractive at 5.22% yield.
Not a call to buy or sell.
Please do your own due diligence .
Trade/invest base on your own decision .
Thee Singtel Group is Asia's leading communications group.
We provide a diverse range of services including fixed, mobile, data, internet, TV, infocomms technology (ICT) and digital solutions.
Headquartered in Singapore, Singtel has more than 130 years of operating experience and played a pivotal role in the country’s development as a major communications hub.
Optus, our subsidiary in Australia, is a leader in integrated telecommunications, constantly raising the bar in innovative products and services.
We are also strategically invested in leading companies in Asia and Africa, including Bharti Airtel (India, South Asia and Africa), Telkomsel (Indonesia), Globe Telecom (the Philippines) and Advanced Info Service (Thailand).
We work closely with our associates, leveraging our scale in networks, customer reach and extensive operational experience to lead and shape the communications industry. Together, the Group serves over 655 million mobile customers around world.
Singtel is one of the largest listed Singapore companies on the Singapore Exchange by market capitalisation. The Group has a vast network of offices throughout Asia Pacific, Europe and the USA, and employs more than 23,000 staff worldwide.
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, April 12, 2018
Kris Energy
Kris Energy - From TA point of view seems rather bullish!
It has a beautiful white thrust bar appeared on the 6th April + high volume and closed well at 9.3 cents.
It has a Price Gap Up on the next trading day and a few follow-through session with prices heading higher.
Looks rather positive.
The current price of 10.7 cents is hovering above its 20,50 & 100 days Moving Average which is quite bullish.
It would likely make an attempt to cross over 11 cents which is also coincide with its 200 days Moving Average.
Macd is also rising and may likely provide an indication for price to rise further.
Breaking out of 11 cents with ease + good volume that may propel to drive the price higher towards 11.8 cents then 12.8 cents with further extension to 13.5 cents.
NAV of 22.4 cents. EPS of -0.205 ( negative EPS)
Total revenue has been generally rising but still not enough to post an profitable EPS.
Return of Assets & Return of Equity are into negative growth . Which is not so rosy. Investor may want to take note of this.
Debt to Equity ratios is also very high.
his is a ultra penny stock counter. I think is good to exercise with extra cautious!
Not a call to buy or sell.
Please do your own due diligence.
Trade / invest base on your own decision.
Kris Energy : KrisEnergy Ltd., an independent upstream oil and gas company, focuses on the exploration, development, and production of oil and gas in Southeast Asia. The company holds working interests in five producing oil and/or gas fields in the Gulf of Thailand and onshore Bangladesh. It also participates in 11 blocks in Bangladesh, Cambodia, Indonesia, Thailand, and Vietnam. The company was formerly known as KrisEnergy Holdings II Ltd. and changed its name to KrisEnergy Ltd. in July 2012. KrisEnergy Ltd. was founded in 2009 and is based in Singapore.
The current price of 10.7 cents is hovering above its 20,50 & 100 days Moving Average which is quite bullish.
It would likely make an attempt to cross over 11 cents which is also coincide with its 200 days Moving Average.
Macd is also rising and may likely provide an indication for price to rise further.
Breaking out of 11 cents with ease + good volume that may propel to drive the price higher towards 11.8 cents then 12.8 cents with further extension to 13.5 cents.
NAV of 22.4 cents. EPS of -0.205 ( negative EPS)
Total revenue has been generally rising but still not enough to post an profitable EPS.
Return of Assets & Return of Equity are into negative growth . Which is not so rosy. Investor may want to take note of this.
Debt to Equity ratios is also very high.
his is a ultra penny stock counter. I think is good to exercise with extra cautious!
Not a call to buy or sell.
Please do your own due diligence.
Trade / invest base on your own decision.
Kris Energy : KrisEnergy Ltd., an independent upstream oil and gas company, focuses on the exploration, development, and production of oil and gas in Southeast Asia. The company holds working interests in five producing oil and/or gas fields in the Gulf of Thailand and onshore Bangladesh. It also participates in 11 blocks in Bangladesh, Cambodia, Indonesia, Thailand, and Vietnam. The company was formerly known as KrisEnergy Holdings II Ltd. and changed its name to KrisEnergy Ltd. in July 2012. KrisEnergy Ltd. was founded in 2009 and is based in Singapore.
Wednesday, April 11, 2018
Hyflux
Huflux - looks like the worst is over.
Below is an extra ticket from it's CEO teport for your reference:
Despite the near-term challenges in the Singapore power market, Tuaspring IWPP is still a world-class project with a 25-year service concession up to 2038. The largest asset on our balance sheet, Tuaspring IWPP was funded through a mix of project financing and corporate f inancing, including the 6% Cumulative Perpetual Class A Preference Shares (Preference Shares) which is due for f irst call date redemption in April 2018. While the process has taken longer than initially expected, we remain committed to the partial divestment of Tuaspring IWPP at an acceptable price. In light of the delay in divestment, the Group is unlikely to complete anydivestment deal ahead of the first call date in April 2018 for redemption of its Preference Shares. Consequently, it is likely that redemption of the Preference Shares will be deferred until divestment of Tuaspring IWPP is concluded, with the coupon yield for the Preference Shares stepping up from 6% to 8% in the meantime, at an additional S$8.0 million per annum. At the end of 2017, the Group has a total cash balance of S$314.2 million, excluding another S$77.2 million of cash reported under Assets held for sale. In addition, we will be able to progressively draw down on unutilised committed project finance loans of approximately S$400 million to support completion of our ongoing projects. We are also due to collect some receivables for our EPC work done in the Middle East North Africa (MENA) region.
Opportunities in the Water Business Some 1.1 billion people worldwide lack access to water, and a total of 2.7 billion find water scarce for at least one month of the year according to World Wildlife Fund (WWF organisation). Inadequate sanitation is also a problem for 2.4 billion people, who are exposed to diseases such as cholera, typhoid and other water-borne illnesses. Two million people, mostly children, die each year from diarrheal diseases alone. The situation will only get worse. With pollution, climate change and population growth, two-thirds of the world’s population may face water shortages by 2025. Hyflux’s vision has always been to make clean water accessible and affordable to Besides gaining stronger foothold in Singapore, the Group has also expanded our ELO business line into Australia, China, Hong Kong, Malaysia and will be looking at South Korea and Taiwan next. all. As one of the few water companies with a proven track record in seawater desalination, we hope to leverage our strength in water treatment solutions to address the global water shortages. Global Water Intelligence reported in 2017 that the MENA region will remain the largest desalination market in the world due to severe water scarcity. This region has been a strategic priority for Hyflux, and through the years, we have worked hard to establish a strong track record. Apart from water projects in Algeria, Oman and Saudi Arabia, Hyflux will continue to actively pursue other projects in the region. Contract negotiations for the Ain Sokhna IWPP in Egypt, which is converting from an EPC structure to a Build, Operate and
Transfer (BOT) structure, is in progress. Strengthening our track record in landmark projects Over the years, Hyflux has built an impressive track record of landmark projects in its target markets. In an industry where track record is the key to pre-qualification for municipal project ue to work hard on adding good projects to our portfolio. Tuaspring IWPP is a significant technological achievement for the Group despite the short term challenges in the Singapore power market. As the Group’s first integrated water and power project, Tuaspring IWPP is a world-class asset with stateof-the-art technology, paving the way for new integrated water and power project wins such as the Ain Sokhna IWPP in Egypt.
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=K6YDRYU22LX6ZRCO&H=22898d632a538aebe158699492a1884dffc4c9fdcbfefc9325de9cce7e9206ec
Today market reacted positively with a beautiful white soldier as appear on the chart . A long wide thrust bar couple with high volume this is rather positive and bullish !
The price has crossed the 20, 50 & 100 days Moving Average. This is rather impressive and may likely continue to trend higher.
Short term wise, I think it may move up to test 35 cents then 40 cents which is also coincide with it's 200 days MOviMo Average.
Not a call to buy or sell.
Please do your own due diligence.
Trade/invest base on your own decision .
The company has reported the Loss for FY 2017 .For past 4 years , from 2013 to 2016 they are profitable.
Please take note that their debt/equity ratio is very high.
Below is an extra ticket from it's CEO teport for your reference:
Despite the near-term challenges in the Singapore power market, Tuaspring IWPP is still a world-class project with a 25-year service concession up to 2038. The largest asset on our balance sheet, Tuaspring IWPP was funded through a mix of project financing and corporate f inancing, including the 6% Cumulative Perpetual Class A Preference Shares (Preference Shares) which is due for f irst call date redemption in April 2018. While the process has taken longer than initially expected, we remain committed to the partial divestment of Tuaspring IWPP at an acceptable price. In light of the delay in divestment, the Group is unlikely to complete anydivestment deal ahead of the first call date in April 2018 for redemption of its Preference Shares. Consequently, it is likely that redemption of the Preference Shares will be deferred until divestment of Tuaspring IWPP is concluded, with the coupon yield for the Preference Shares stepping up from 6% to 8% in the meantime, at an additional S$8.0 million per annum. At the end of 2017, the Group has a total cash balance of S$314.2 million, excluding another S$77.2 million of cash reported under Assets held for sale. In addition, we will be able to progressively draw down on unutilised committed project finance loans of approximately S$400 million to support completion of our ongoing projects. We are also due to collect some receivables for our EPC work done in the Middle East North Africa (MENA) region.
Opportunities in the Water Business Some 1.1 billion people worldwide lack access to water, and a total of 2.7 billion find water scarce for at least one month of the year according to World Wildlife Fund (WWF organisation). Inadequate sanitation is also a problem for 2.4 billion people, who are exposed to diseases such as cholera, typhoid and other water-borne illnesses. Two million people, mostly children, die each year from diarrheal diseases alone. The situation will only get worse. With pollution, climate change and population growth, two-thirds of the world’s population may face water shortages by 2025. Hyflux’s vision has always been to make clean water accessible and affordable to Besides gaining stronger foothold in Singapore, the Group has also expanded our ELO business line into Australia, China, Hong Kong, Malaysia and will be looking at South Korea and Taiwan next. all. As one of the few water companies with a proven track record in seawater desalination, we hope to leverage our strength in water treatment solutions to address the global water shortages. Global Water Intelligence reported in 2017 that the MENA region will remain the largest desalination market in the world due to severe water scarcity. This region has been a strategic priority for Hyflux, and through the years, we have worked hard to establish a strong track record. Apart from water projects in Algeria, Oman and Saudi Arabia, Hyflux will continue to actively pursue other projects in the region. Contract negotiations for the Ain Sokhna IWPP in Egypt, which is converting from an EPC structure to a Build, Operate and
Transfer (BOT) structure, is in progress. Strengthening our track record in landmark projects Over the years, Hyflux has built an impressive track record of landmark projects in its target markets. In an industry where track record is the key to pre-qualification for municipal project ue to work hard on adding good projects to our portfolio. Tuaspring IWPP is a significant technological achievement for the Group despite the short term challenges in the Singapore power market. As the Group’s first integrated water and power project, Tuaspring IWPP is a world-class asset with stateof-the-art technology, paving the way for new integrated water and power project wins such as the Ain Sokhna IWPP in Egypt.
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=K6YDRYU22LX6ZRCO&H=22898d632a538aebe158699492a1884dffc4c9fdcbfefc9325de9cce7e9206ec
Today market reacted positively with a beautiful white soldier as appear on the chart . A long wide thrust bar couple with high volume this is rather positive and bullish !
The price has crossed the 20, 50 & 100 days Moving Average. This is rather impressive and may likely continue to trend higher.
Short term wise, I think it may move up to test 35 cents then 40 cents which is also coincide with it's 200 days MOviMo Average.
Not a call to buy or sell.
Please do your own due diligence.
Trade/invest base on your own decision .
The company has reported the Loss for FY 2017 .For past 4 years , from 2013 to 2016 they are profitable.
Please take note that their debt/equity ratio is very high.
Mapletree Log Tr
Mapletrer Log Tr - from TA point of view ,it is on a Uptrend mode patterns! Yesterday we had a beautiful white thtust bar couple with high volume and closed well at $1.28 ,looks rather positive.
The price is hovering above all the Moving Average lines such as 20 , 50, 100 & 200 days moving average.
Looks bullish!
Short term wise, I think it may likely retest $1.30 then $1.36 level.
Not a call to buy or sell.
Looking through their past financial nos , we can notice that it is generally doing quite well with the ability to increase it Total revenue from 2013 to 2017 . Please refer to below picture for your reference
Gearing looks fine which is well below 40%.
I have roughly work out the fair vaukd which is about $1.20.
Current price is trading above it's fair value.
Pls do your own due diligence.
Trade/invest base on your own decision.
MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST main board on 28 July 2005. MLT’s principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. It has a portfolio of 124 logistics assets in Singapore, Hong Kong, Japan, Australia, China, Malaysia, South Korea and Vietnam with a total book value of S$6.2 billion. MLT is managed by Mapletree Logistics Trust Management Ltd., a wholly-owned subsidiary of Mapletree Investments Pte Ltd. For more information, please visit www.mapletreelogisticstrust.com.
The price is hovering above all the Moving Average lines such as 20 , 50, 100 & 200 days moving average.
Looks bullish!
Short term wise, I think it may likely retest $1.30 then $1.36 level.
Not a call to buy or sell.
Looking through their past financial nos , we can notice that it is generally doing quite well with the ability to increase it Total revenue from 2013 to 2017 . Please refer to below picture for your reference
Gearing looks fine which is well below 40%.
I have roughly work out the fair vaukd which is about $1.20.
Current price is trading above it's fair value.
Pls do your own due diligence.
Trade/invest base on your own decision.
MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST main board on 28 July 2005. MLT’s principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. It has a portfolio of 124 logistics assets in Singapore, Hong Kong, Japan, Australia, China, Malaysia, South Korea and Vietnam with a total book value of S$6.2 billion. MLT is managed by Mapletree Logistics Trust Management Ltd., a wholly-owned subsidiary of Mapletree Investments Pte Ltd. For more information, please visit www.mapletreelogisticstrust.com.
Tuesday, April 10, 2018
Sembcorp Marine & Kepcorp
Sembcorp Marine & Keppel Corp ate almost having the simlar chart patterns as reflected on the charts below.
Both counters current price of $2.23 & $ $7.805 are hovering above it's 20 Days Moving Average which is rather bullish!
Sembcorp Marine may need to overcome $2.30 which is also coincide with it's 50 days Moving Average in order to resume this Uptrend mode.
Similarly for Keppel Corp, it will have to conquer it's 50 days Moving Average at about $8.00. So as to resume this Uptrend mode.
If Sembcorp Marine is able to cross over $2.30 with ease + good volume that may propel to drive the price higher towards $2.40 then $2.50 level
Similarly for Keppel Corp, once it is able to overcome the hurdle at $8.00 and cross over smoothly then further upwards is possible. It may likely test $.8.20 the $8.40.
With oil price spike to above $65 per barrel due to ME tension, Sembcorp Marine & Keppel Corp may benefit and drive the share price higher
Not a call to buy or sell.
Please do your own due diligence.
Trade / invest base on your in decision.
SMM - NAV -$1.207, PE 69 time.
If Sembcorp Marine is able to cross over $2.30 with ease + good volume that may propel to drive the price higher towards $2.40 then $2.50 level
Similarly for Keppel Corp, once it is able to overcome the hurdle at $8.00 and cross over smoothly then further upwards is possible. It may likely test $.8.20 the $8.40.
With oil price spike to above $65 per barrel due to ME tension, Sembcorp Marine & Keppel Corp may benefit and drive the share price higher
Not a call to buy or sell.
Please do your own due diligence.
Trade / invest base on your in decision.
SMM - NAV -$1.207, PE 69 time.
escription
Sembcorp Marine Ltd, an investment holding company, provides offshore and marine engineering solutions worldwide. The company engages in the turnkey design, engineering, procurement, construction, and commissioning of offshore newbuilding and conversions, FSOs, FPSOs, FDPSOs, FPUs, MOPUs, gas terminals, FLNGs, FSRUs, jack-ups, semi-submersibles, drill ships, SSP solutions, TLPs, and SPARs. It also engages in the repair, refurbishment, retrofitting, life-extension, upgrading, and conversion of vessels, marine and offshore structures, LNG and LPG gas carriers, cruise ships, ferries, mega-yachts, floating production vessels, MODUs, tankers, containers, and cargo ships, as well as offers jumboization and dejumboization solutions. In addition, the company offers afloat and emergency repair, underwater cleaning and repair, main engine maintenance and repair, steel and pipe work, electrical and instrumentation repair, mechanical and motor rewind repair, tank cleaning, sludge and oily waste disposal, staging work, hydro jetting and hydro/vacuum blasting, riding crew and voyage repair, specialized workshop repair and reconditioning, vessel towage and port clearance arrangement, specialists service and navigation, automation, safety, and fire protection services. Further, it offers offshore platform solutions, such as integrated process; production, riser, and drilling; wellhead, power generation, manifold, and accommodation platforms; and wind-farm substations, as well as topside modules fabrication, installation, and integration. Additionally, it designs and builds sophisticated, specialized, gas value chain, ferry, RoPax, cruise, renewable energy and offshore support, naval support and security, and research and scientific survey vessels. The company was formerly known as Jurong Shipyard Ltd and changed its name to Sembcorp Marine Ltd in 2000. The company was founded in 1963 and is headquartered in Singapore. Sembcorp Marine Ltd. is a subsidiary of Sembcorp Industries Ltd.
Kepcorp - NAV $6.31, PE 63 time.
Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, infrastructure, and investments businesses in Singapore and internationally. The company constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; researches and develops deepwater engineering works; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities. It is also involved in the trading and installation of hardware, industrial, marine, and building related products, as well as the provision of leasing services; sourcing, fabricating, and supply of steel components; ship repairing, shipbuilding, and conversion activities; marine contracting and ship owning business; painting, blasting, and process and sale of slag; property investment, management, and development activities; fund management; golf and hotel ownership and operation; development of marina lifestyle and residential properties; trading of construction materials; development of district heating and cooling systems; electricity generation and supply, and general wholesale trade businesses; purchase and sale of gaseous fuels; and trading of communication systems and accessories. In addition, the company offers jacking systems, and heavy-lift equipment and related services; project management and procurement, towage, financial, real estate investment trust management, logistics and supply chain, warehousing and distribution, data center facilities management, travel agency, and metal fabrication services; housing services for marine workers; and technical consultancy for ship design and engineering works, as well as solid waste treatment solutions. Keppel Corporation Limited was incorporated in 1968 and is based in Singapore
SPH
SPH :
SINGAPORE, 10 April 2018 – Singapore Press Holdings Limited (SPH) reported a flat half year performance for 1H 2018, with a net profit attributable to shareholders of $100.6 million which was $1.4 million or 1.4% higher than the same period last year (1H 2017), in its results announcement for the second quarter ended (2Q 2018) and first half ended 28 February 2018 (1H 2018) today.
Looking through the financial nos for 2Q, total net profit dropped 21.8% to $49.9m versus $63.9m as compared to last year.
Total Net profit for 2nd Half is slightly higher than last year by 1.4m which is boosted due to some divestment gain from 1Q. Without this divestment gain, I think the overall net profit for Half year will be lowered.
Group Performance Group operating revenue of $492.5 million for 1H 2018 was $23.8 million or 4.6% lower, compared with 1H 2017.
Revenue for the Media business for 1H 2018 decreased by $40.4 million or 10.9% to $329.5 million. Revenue for the Property segment of $121.7 million was stable year-on-year (“y-o-y”).
The Property segment, which accounts for close to 60% of the Group’s profit, continued to provide a steady income stream and stability to the Group’s financial performance.
Revenue from the other businesses grew $17.3 million or 72.4% to $41.3 million, led by contributions from the aged care business.
Recurring earnings of $117.3 million was $6.5 million or 5.3% lower than 1H 2017 as cost savings cushioned the decline in revenue.
For 2Q 2018, group recurring earnings dipped $3.6 million or 6.9% to $49.4 million in tandem with revenue decline. Revenue for the Media business for 2Q 2018 was $155.6 million. The 7.4% y-o-y decline in the second quarter was an improvement compared with the 13.9% y-o-y fall reported in the first quarter.
NAV of 2.14.
EPS for first Half year is 6 cents.
Estimated EPS for full year is about 13 cents.
PE is about 19.15 times.
Glancing through the past years financial numbers, we can notice that the Total Revenue is drifting lowered and lowered each year from 2013 (1231m) to 2017(1018m).
Total Net income has also been generally decreasing from $404m in 2013 versus $361m in 2017.
Dividend has been slashed from 15 cents to 9 cents.
Ops cash flow is still rather quite healthy as reflected on the table below:
6 cents dividend was being declared for this interim dividend.
It seems that the Print Media lower revenue was being able to cushion off by other revenue from property, digital media , healthcare, other businesses.
I think the fair value for this counter is about $2.40.
Current price is more or less training at full value.
Not a call to buy or sell.
pls do your own due diligence.
SINGAPORE, 10 April 2018 – Singapore Press Holdings Limited (SPH) reported a flat half year performance for 1H 2018, with a net profit attributable to shareholders of $100.6 million which was $1.4 million or 1.4% higher than the same period last year (1H 2017), in its results announcement for the second quarter ended (2Q 2018) and first half ended 28 February 2018 (1H 2018) today.
Looking through the financial nos for 2Q, total net profit dropped 21.8% to $49.9m versus $63.9m as compared to last year.
Total Net profit for 2nd Half is slightly higher than last year by 1.4m which is boosted due to some divestment gain from 1Q. Without this divestment gain, I think the overall net profit for Half year will be lowered.
Group Performance Group operating revenue of $492.5 million for 1H 2018 was $23.8 million or 4.6% lower, compared with 1H 2017.
Revenue for the Media business for 1H 2018 decreased by $40.4 million or 10.9% to $329.5 million. Revenue for the Property segment of $121.7 million was stable year-on-year (“y-o-y”).
The Property segment, which accounts for close to 60% of the Group’s profit, continued to provide a steady income stream and stability to the Group’s financial performance.
Revenue from the other businesses grew $17.3 million or 72.4% to $41.3 million, led by contributions from the aged care business.
Recurring earnings of $117.3 million was $6.5 million or 5.3% lower than 1H 2017 as cost savings cushioned the decline in revenue.
For 2Q 2018, group recurring earnings dipped $3.6 million or 6.9% to $49.4 million in tandem with revenue decline. Revenue for the Media business for 2Q 2018 was $155.6 million. The 7.4% y-o-y decline in the second quarter was an improvement compared with the 13.9% y-o-y fall reported in the first quarter.
NAV of 2.14.
EPS for first Half year is 6 cents.
Estimated EPS for full year is about 13 cents.
PE is about 19.15 times.
Glancing through the past years financial numbers, we can notice that the Total Revenue is drifting lowered and lowered each year from 2013 (1231m) to 2017(1018m).
Total Net income has also been generally decreasing from $404m in 2013 versus $361m in 2017.
Dividend has been slashed from 15 cents to 9 cents.
Ops cash flow is still rather quite healthy as reflected on the table below:
6 cents dividend was being declared for this interim dividend.
It seems that the Print Media lower revenue was being able to cushion off by other revenue from property, digital media , healthcare, other businesses.
I think the fair value for this counter is about $2.40.
Current price is more or less training at full value.
Not a call to buy or sell.
pls do your own due diligence.
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