800 Super

PE of 21 times. I am inclined to be a bit cautious.

2.57 * 2 = 5.14 EPS for FY - assuming earnings are maintained.

I don't think there will be significant growth in revenue anymore as this financial release took in account the new revised pricing. Moving further, I expect the revenue growth to moderate down.

P/E = 0.545 (at closing) / 0.0514 EPS = 10.6x

I feel that Colex has more room to grow as compared to 800 Super, and it has better valuations.

(10-02-2015, 10:53 PM)kelvesy Wrote: 2.57 * 2 = 5.14 EPS for FY - assuming earnings are maintained.

I don't think there will be significant growth in revenue anymore as this financial release took in account the new revised pricing. Moving further, I expect the revenue growth to moderate down.

P/E = 0.545 (at closing) / 0.0514 EPS = 10.6x

I feel that Colex has more room to grow as compared to 800 Super, and it has better valuations.

Projected TTM EPS is 10.6 times then. Thks.

Yes, should've used projected P/E. Sorry.

For 800 Super to maintain this EPS, it should be fairly easy because bulk of their revenues are on government contract. But growing beyond that, you have to explore other non-govt & commerical parts of Singapore.

There are a lot more scope for jurong to develop and Colex is managing Jurong. Jurong is larger than AMK-Toa Payoh 800 Super is managing. More room to grow.

Just my two cents.

(10-02-2015, 11:02 PM)Bluechipfan Wrote:

(10-02-2015, 10:53 PM)kelvesy Wrote: 2.57 * 2 = 5.14 EPS for FY - assuming earnings are maintained.

I don't think there will be significant growth in revenue anymore as this financial release took in account the new revised pricing. Moving further, I expect the revenue growth to moderate down.

P/E = 0.545 (at closing) / 0.0514 EPS = 10.6x

I feel that Colex has more room to grow as compared to 800 Super, and it has better valuations.

Projected TTM EPS is 10.6 times then. Thks.

Previous 2013/2014 FY eps (as of end June 2014) was 5.01c. Since 2H 2014 eps grew 95% vs 2H 2013 eps, forward eps should be about 9.77c, which translate to a forward PE of about 5.1c based on current stock price of 50c.

There's too much expectation built up before the earnings that traders are now taking profit as it did not break out above yesterday closing high. Typical sell on news.

Company has been paying out 1c dividend for the past 3 years even though eps has been increasing at double digits. If they decided on a 20% payout ratio dividend policy, dividend yield will be about 3.9% based on 50c stock price.

(10-02-2015, 11:15 PM)kelvesy Wrote: Yes, should've used projected P/E. Sorry.

For 800 Super to maintain this EPS, it should be fairly easy because bulk of their revenues are on government contract. But growing beyond that, you have to explore other non-govt & commerical parts of Singapore.

There are a lot more scope for jurong to develop and Colex is managing Jurong. Jurong is larger than AMK-Toa Payoh 800 Super is managing. More room to grow.

Just my two cents.

I also like Colex more because a)it has more room to grow because of Jurong, b) better valuation currently, c) Colex has lower gearing and d) I missed 800 Super when it was only @0.30. [emoji4]

Good for those who vested at this stock when it has not making noise yet.

(10-02-2015, 10:53 PM)kelvesy Wrote: 2.57 * 2 = 5.14 EPS for FY - assuming earnings are maintained.

I don't think there will be significant growth in revenue anymore as this financial release took in account the new revised pricing. Moving further, I expect the revenue growth to moderate down.

P/E = 0.545 (at closing) / 0.0514 EPS = 10.6x

I feel that Colex has more room to grow as compared to 800 Super, and it has better valuations.

2013 eps for Colex is 2.06c. Assuming that 2014 forward eps is 3.3c (assume 60% eps growth based on 2014 HY earnings), forward PE is 8x.

800 Super's forward PE is about 5.1x based on 95% eps growth. If we assume a more conservative eps growth of 60%, forward PE is still about 6x.

In terms of PE, Colex is more expensive.

The result a bit below expectations(estimate at EPS 5.5 to 6cts) due to labor cost and 1 time capital expending for new contracts. Really not able to understand so heavy selling even with EPS was least at 5cts. Especially very difficult to find similar good company in SGX now. Maybe market is right, but where is missing?

rubbish collector becomes gold collector...sigh...missed big time. But I noticed profit taking post result

Any experts can help me with these questions regarding the operations of these "gold" collectors in Sg?

1. During a contract period, can they raise their price (translate to revenue), or is it fixed throughout? If fixed, is the contract value equally distributed across the contract period?

2. Can they venture out of their contracted area to capture other business not within any of the contracts given out by NEA?

Thx.