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23-07-2014, 03:36 PM
I have done a post on this.
http://sgx-stocks-sti.blogspot.sg/2014/0...s-ltd.html
My interest in Nam Lee was sparked by a stock screener, I ran for low yielding stocks.
Nam Lee jumped straight out as a relatively low yielding stock with seemingly poor performance over 52 weeks and a low Price to book.
Looking at the One year chart, it is 17% down, with signs of bottoming out.
Key statistics from Yahoo FInance show Ev/EBITDA of 4.53, which is attractive.
In my worst case scenario estimate Nam Lee is worth 51 cents and is priced at 29 cents, of course the best case scenario is that it is actually worth 94 cents.
Details of my working calculation in attached excel file
http://sgx-stocks-sti.blogspot.sg/2014/0...s-ltd.html
My interest in Nam Lee was sparked by a stock screener, I ran for low yielding stocks.
Nam Lee jumped straight out as a relatively low yielding stock with seemingly poor performance over 52 weeks and a low Price to book.
Looking at the One year chart, it is 17% down, with signs of bottoming out.
Key statistics from Yahoo FInance show Ev/EBITDA of 4.53, which is attractive.
In my worst case scenario estimate Nam Lee is worth 51 cents and is priced at 29 cents, of course the best case scenario is that it is actually worth 94 cents.
Details of my working calculation in attached excel file
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures