Noel Gifts International

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#1
I have just finished reviewing the latest FY10 (ended 30Jun10) AR, which makes very interesting reading.....
http://info.sgx.com/listprosp.nsf/6c6be9...f0013aa49/$FILE/Noel%20review%20%20new.pdf [Section 1 - Chairman's Statement + others]
http://info.sgx.com/listprosp.nsf/6c6be9...f0013aa49/$FILE/Noel-AR10%20Financial%20new.pdf [Section 2 - Audited Accounts + others]

This year, Noel Gifts is celebrating its 35-year anniversary (since the business started in 1975 by MD Alfred Wong), and has declared a total $0.015/share in dividends - comprising a $0.007/share Final and a $0.008/share Special - payable on 18Nov10, with ex-date fixed on 27Oct10.

With Singapore's economy holding up, I believe Noel's well-established gifts business is poised to do well in the rest of 2010 and into 2011. The 25%-owned associate First Balmoral Development P/L has started selling its condo units in the Balmoral Crest and contributing profits to Noel's P&L. If we start counting the potential hidden profits from Balmoral Crest and Noel's other property assets, as well as Noel's growing cash reserve plus quoted investment (amounting to $12.55m in total as at 30Jun10), it is quite clear that Noel's NAV/share of $0.2504 (as at 30Jun10) is very conservative.

I suppose that's why some investors have been buying up Noel shares lately.
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Messages In This Thread
Noel Gifts International - by dydx - 04-10-2010, 12:51 PM
RE: Noel Gifts International - by dydx - 17-11-2010, 01:58 PM
RE: Noel Gifts International - by ngcheeki - 20-12-2010, 03:47 PM
RE: Noel Gifts International - by dydx - 20-12-2010, 04:08 PM
RE: Noel Gifts International - by ngcheeki - 29-08-2011, 09:37 PM
RE: Noel Gifts International - by corydorus - 29-08-2011, 10:14 PM
RE: Noel Gifts International - by dydx - 30-08-2011, 08:21 AM
RE: Noel Gifts International - by changwk - 30-08-2011, 04:27 PM
RE: Noel Gifts International - by dydx - 30-08-2011, 08:28 PM
RE: Noel Gifts International - by yyt - 31-08-2011, 10:50 AM
RE: Noel Gifts International - by dydx - 31-08-2011, 06:51 PM
RE: Noel Gifts International - by yyt - 06-09-2011, 03:06 PM
RE: Noel Gifts International - by freedom - 07-09-2011, 10:54 AM
RE: Noel Gifts International - by yyt - 07-09-2011, 11:31 AM
RE: Noel Gifts International - by dydx - 26-09-2011, 07:24 PM
RE: Noel Gifts International - by dydx - 10-10-2011, 01:43 PM
RE: Noel Gifts International - by dydx - 18-11-2011, 09:54 PM
RE: Noel Gifts International - by dydx - 09-02-2012, 09:03 PM
RE: Noel Gifts International - by julianbream - 11-02-2012, 09:02 AM
RE: Noel Gifts International - by heifien91 - 01-09-2012, 01:54 PM
RE: Noel Gifts International - by dydx - 29-08-2013, 01:02 PM
RE: Noel Gifts International - by pianist - 29-08-2013, 01:17 PM
RE: Noel Gifts International - by valuehunter - 17-09-2013, 11:30 AM
RE: Noel Gifts International - by lavue - 15-10-2013, 03:42 PM
RE: Noel Gifts International - by InvestArk - 21-11-2013, 08:48 PM
RE: Noel Gifts International - by valuehunter - 06-01-2014, 01:47 PM
RE: Noel Gifts International - by dydx - 06-01-2014, 03:04 PM
RE: Noel Gifts International - by memphisb - 05-02-2014, 08:07 PM
RE: Noel Gifts International - by ianphoon - 20-06-2014, 09:18 PM
RE: Noel Gifts International - by wsreader - 01-07-2014, 05:49 PM
RE: Noel Gifts International - by psolhawk - 01-07-2014, 06:34 PM
RE: Noel Gifts International - by Dividend Hermit - 01-07-2014, 07:06 PM
RE: Noel Gifts International - by dydx - 01-07-2014, 07:22 PM
RE: Noel Gifts International - by kelvesy - 01-07-2014, 08:04 PM
RE: Noel Gifts International - by brattzz - 01-07-2014, 10:01 PM
RE: Noel Gifts International - by pianist - 01-07-2014, 11:08 PM
Noel Gifts International - by chialc88 - 01-07-2014, 11:14 PM
RE: Noel Gifts International - by dydx - 02-07-2014, 07:06 AM
RE: Noel Gifts International - by brattzz - 02-07-2014, 04:35 PM
RE: Noel Gifts International - by pianist - 02-07-2014, 09:19 PM
RE: Noel Gifts International - by Kelvin - 02-07-2014, 09:37 PM
RE: Noel Gifts International - by brattzz - 03-07-2014, 05:58 PM
RE: Noel Gifts International - by ianphoon - 03-10-2014, 09:23 PM
RE: Noel Gifts International - by ianphoon - 09-10-2014, 05:58 PM
RE: Noel Gifts International - by Dividend Hermit - 15-10-2014, 09:02 PM
RE: Noel Gifts International - by paullow - 16-10-2014, 08:19 PM
RE: Noel Gifts International - by CigarButts - 16-12-2014, 04:45 PM
RE: Noel Gifts International - by Dividend Hermit - 16-12-2014, 05:54 PM
RE: Noel Gifts International - by BlueKelah - 16-12-2014, 09:23 PM
RE: Noel Gifts International - by CigarButts - 16-12-2014, 11:51 PM
RE: Noel Gifts International - by CigarButts - 18-12-2014, 04:23 PM
RE: Noel Gifts International - by dydx - 17-12-2014, 06:42 AM
RE: Noel Gifts International - by paullow - 18-12-2014, 07:15 PM
RE: Noel Gifts International - by CigarButts - 18-12-2014, 07:24 PM
RE: Noel Gifts International - by dydx - 18-03-2015, 05:58 PM
RE: Noel Gifts International - by dydx - 21-08-2015, 08:54 PM
RE: Noel Gifts International - by Dividend Hermit - 22-08-2015, 02:29 PM
RE: Noel Gifts International - by tikam tikam - 14-12-2016, 01:18 PM
RE: Noel Gifts International - by lavue - 28-02-2017, 11:28 PM
RE: Noel Gifts International - by chialc88 - 02-03-2017, 11:44 AM
RE: Noel Gifts International - by lavue - 22-10-2018, 12:09 AM
RE: Noel Gifts International - by AQ. - 22-10-2018, 09:27 AM
Noel Gifts International - by chialc88 - 03-11-2018, 12:15 AM
RE: Noel Gifts International - by chew - 28-11-2018, 07:46 AM
RE: Noel Gifts International - by lavue - 09-06-2019, 08:16 PM
1H19 Result - Noel - by ¯|_(ツ)_/¯ - 12-02-2020, 10:31 PM
RE: Noel Gifts International - by ¯|_(ツ)_/¯ - 28-08-2020, 08:15 AM
RE: Noel Gifts International - by ¯|_(ツ)_/¯ - 07-09-2020, 08:28 AM
RE: Noel Gifts International - by ¯|_(ツ)_/¯ - 23-10-2020, 08:55 AM
RE: Noel Gifts International - by ¯|_(ツ)_/¯ - 05-02-2021, 08:21 AM
RE: Noel Gifts International - by ¯|_(ツ)_/¯ - 27-08-2021, 12:03 AM
RE: Noel Gifts International - by dydx - 28-08-2021, 08:50 PM
RE: Noel Gifts International - by pianist - 26-09-2023, 03:49 PM
RE: Noel Gifts International - by weijian - 26-09-2023, 04:41 PM
RE: Noel Gifts International - by pianist - 26-09-2023, 07:36 PM
RE: Noel Gifts International - by dydx - 26-09-2023, 09:26 PM
RE: Noel Gifts International - by dydx - 27-11-2023, 09:08 PM

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