CDW Holdings

[BlueKelah]

Finally the deal is done. Which means future Iphones will be getting SHARP screens instead of JDI screens.

No more uncertainty, things are starting to look up for CDW, now their major client will be Foxconn Maybe Foxconn can make an offer for CDW as well LOL...

Time to load up.

-v-
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Foxconn Signs Deal, Ending Sharp's Century of Independence

Sharp Corp.’s President Kozo Takahashi and Foxconn Technology Group’s Chairman Terry Gou formally signed a rescue deal on Saturday, ending a takeover drama that spanned four years of often difficult negotiations.
Takahashi and Gou, flanked by the flags of Taiwan and Japan, shook hands in front of more than 300 reporters gathered at the Osaka-based company’s Sakai plant. The parent of Hon Hai Precision Industry Co. is paying 389 billion yen ($3.5 billion) for a controlling stake in Sharp.
[Image: 488x-1.jpg]

Terry Guo, Tai Jeng-wu and Kozo Takahashi at a press conference on April 2.

Source: STR/AFP/Getty Images

“I have deep respect for Sharp’s 105-year history, its technological innovation and leadership,” Gou said at the briefing.

The deal’s consummation caps weeks of drama, when the acquisition repeatedly looked like it could fall apart. Gou had appeared on the verge of grasping his prize a month ago, when Sharp’s board chose Foxconn over a rival bid from the state-backed Innovation Network Corp. of Japan. But after learning about liabilities at Sharp, Gou pushed back the final agreement to negotiate a lower price. The Taiwanese company paid a 100 billion yen deposit on March 31.
Sharp also announced Friday that it will cut borrowing costs for the current fiscal year by 7.2 billion yen, after reaching new debt deals with its main banks. Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. agreed to amend the terms of existing loans, Sharp said in a statement.

[Retired@52]

Finally the deal is done. Which means future Iphones will be getting SHARP screens instead of JDI screens.

No more uncertainty, things are starting to look up for CDW, now their major client will be Foxconn Maybe Foxconn can make an offer for CDW as well LOL...

Time to load up.

-v-
-------------------------------------------------------------------------------------------------------

Foxconn Signs Deal, Ending Sharp's Century of Independence

Sharp Corp.’s President Kozo Takahashi and Foxconn Technology Group’s Chairman Terry Gou formally signed a rescue deal on Saturday, ending a takeover drama that spanned four years of often difficult negotiations.
Takahashi and Gou, flanked by the flags of Taiwan and Japan, shook hands in front of more than 300 reporters gathered at the Osaka-based company’s Sakai plant. The parent of Hon Hai Precision Industry Co. is paying 389 billion yen ($3.5 billion) for a controlling stake in Sharp.
[Image: 488x-1.jpg]

Terry Guo, Tai Jeng-wu and Kozo Takahashi at a press conference on April 2.

Source: STR/AFP/Getty Images

“I have deep respect for Sharp’s 105-year history, its technological innovation and leadership,” Gou said at the briefing.

The deal’s consummation caps weeks of drama, when the acquisition repeatedly looked like it could fall apart. Gou had appeared on the verge of grasping his prize a month ago, when Sharp’s board chose Foxconn over a rival bid from the state-backed Innovation Network Corp. of Japan. But after learning about liabilities at Sharp, Gou pushed back the final agreement to negotiate a lower price. The Taiwanese company paid a 100 billion yen deposit on March 31.
Sharp also announced Friday that it will cut borrowing costs for the current fiscal year by 7.2 billion yen, after reaching new debt deals with its main banks. Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. agreed to amend the terms of existing loans, Sharp said in a statement.

I invest base on 6 Simple Factors:

1) Last 3 years’ Net Profits
2) Last 3 Years’ Dividend
3) Last 3 years’ NAV
4) The Estimated Average Yield for the last 3 years
5) Historic High & Historic Low
6) The Current share price
 
CWD Holding’s Past Performance:

1) Last 3 years’ Net Profits:
2013 ~ $11M
2014 ~ $8M
2015 ~ $8M
 
2) Last 3 Years’ Dividend:
2013 ~ US $0.012
2014 ~ US $0.012
2015 ~ US $0.012
 
3) Last 3 years’ NAV:
2013 ~ $0.18
2014 ~ $0.20
2015 ~ $0.20
 
4) The Estimated Average Yield for the last 3 years:
Add up last 3 years’ Dividends divide by 3 then divide by Current price
(US $0.012 + US $0.012 + US $0.012)/3 then divide by $0.155 x 100 = 7.75%
(I take this figure and multiply by 1.2 to convert to SGD) so the yield is 7.75% x1.2 = 9.3% estimated.
 
5) Historic High & Historic Low
The adjusted historic high on 21.04.06 was $0.236 per share
The adjusted historic low on 05.11.08 was $0.028 per share

6) The Current share price is $0.155
 
I think the price is below its value. (Price is what we pay, Value is what we get)
Note: Past Performance is not necessarily indicative of its future performance but may serve as a good guide.
E&O (03-04-16) - Vested

[GFG]

Finally the deal is done. Which means future Iphones will be getting SHARP screens instead of JDI screens.

No more uncertainty, things are starting to look up for CDW, now their major client will be Foxconn Maybe Foxconn can make an offer for CDW as well LOL...

Time to load up.

-v-
-------------------------------------------------------------------------------------------------------

Foxconn Signs Deal, Ending Sharp's Century of Independence

Sharp Corp.’s President Kozo Takahashi and Foxconn Technology Group’s Chairman Terry Gou formally signed a rescue deal on Saturday, ending a takeover drama that spanned four years of often difficult negotiations.
Takahashi and Gou, flanked by the flags of Taiwan and Japan, shook hands in front of more than 300 reporters gathered at the Osaka-based company’s Sakai plant. The parent of Hon Hai Precision Industry Co. is paying 389 billion yen ($3.5 billion) for a controlling stake in Sharp.
[Image: 488x-1.jpg]

Terry Guo, Tai Jeng-wu and Kozo Takahashi at a press conference on April 2.

Source: STR/AFP/Getty Images

“I have deep respect for Sharp’s 105-year history, its technological innovation and leadership,” Gou said at the briefing.

The deal’s consummation caps weeks of drama, when the acquisition repeatedly looked like it could fall apart. Gou had appeared on the verge of grasping his prize a month ago, when Sharp’s board chose Foxconn over a rival bid from the state-backed Innovation Network Corp. of Japan. But after learning about liabilities at Sharp, Gou pushed back the final agreement to negotiate a lower price. The Taiwanese company paid a 100 billion yen deposit on March 31.
Sharp also announced Friday that it will cut borrowing costs for the current fiscal year by 7.2 billion yen, after reaching new debt deals with its main banks. Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. agreed to amend the terms of existing loans, Sharp said in a statement.

I invest base on 6 Simple Factors:

1) Last 3 years’ Net Profits
2) Last 3 Years’ Dividend
3) Last 3 years’ NAV
4) The Estimated Average Yield for the last 3 years
5) Historic High & Historic Low
6) The Current share price
 
CWD Holding’s Past Performance:

1) Last 3 years’ Net Profits:
2013 ~ $11M
2014 ~ $8M
2015 ~ $8M
 
2) Last 3 Years’ Dividend:
2013 ~ US $0.012
2014 ~ US $0.012
2015 ~ US $0.012
 
3) Last 3 years’ NAV:
2013 ~ $0.18
2014 ~ $0.20
2015 ~ $0.20
 
4) The Estimated Average Yield for the last 3 years:
Add up last 3 years’ Dividends divide by 3 then divide by Current price
(US $0.012 + US $0.012 + US $0.012)/3 then divide by $0.155 x 100 = 7.75%
(I take this figure and multiply by 1.2 to convert to SGD) so the yield is 7.75% x1.2 = 9.3% estimated.
 
5) Historic High & Historic Low
The adjusted historic high on 21.04.06 was $0.236 per share
The adjusted historic low on 05.11.08 was $0.028 per share

6) The Current share price is $0.155
 
I think the price is below its value. (Price is what we pay, Value is what we get)
Note: Past Performance is not necessarily indicative of its future performance but may serve as a good guide.
E&O (03-04-16) - Vested

"3) Last 3 years’ NAV:
2013 ~ $0.18
2014 ~ $0.20
2015 ~ $0.20"
Are the figures for NAV given in SGD?

These are the stated figures in the ARs for NAV
2013: 14.53
2014: 14.21
2015: 13.87
These are in US cents

Also, just a note about the net profit in 2013: the US 11.31mil includes the 2 extraordinary items from the disposal of the property, plant and equipment of the Suzhou Plant in September 2013 for US$2.3million gain and the US$2.0 million gain on acquisition of 100% equity interest in Minami Tec (Wuxi) Co., Limited
A more accurate analysis would be to strip off these extraordinary items, which would give us approximately US$7mil

[Retired@52]

Finally the deal is done. Which means future Iphones will be getting SHARP screens instead of JDI screens.

No more uncertainty, things are starting to look up for CDW, now their major client will be Foxconn Maybe Foxconn can make an offer for CDW as well LOL...

Time to load up.

-v-
-------------------------------------------------------------------------------------------------------

Foxconn Signs Deal, Ending Sharp's Century of Independence

Sharp Corp.’s President Kozo Takahashi and Foxconn Technology Group’s Chairman Terry Gou formally signed a rescue deal on Saturday, ending a takeover drama that spanned four years of often difficult negotiations.
Takahashi and Gou, flanked by the flags of Taiwan and Japan, shook hands in front of more than 300 reporters gathered at the Osaka-based company’s Sakai plant. The parent of Hon Hai Precision Industry Co. is paying 389 billion yen ($3.5 billion) for a controlling stake in Sharp.
[Image: 488x-1.jpg]

Terry Guo, Tai Jeng-wu and Kozo Takahashi at a press conference on April 2.

Source: STR/AFP/Getty Images

“I have deep respect for Sharp’s 105-year history, its technological innovation and leadership,” Gou said at the briefing.

The deal’s consummation caps weeks of drama, when the acquisition repeatedly looked like it could fall apart. Gou had appeared on the verge of grasping his prize a month ago, when Sharp’s board chose Foxconn over a rival bid from the state-backed Innovation Network Corp. of Japan. But after learning about liabilities at Sharp, Gou pushed back the final agreement to negotiate a lower price. The Taiwanese company paid a 100 billion yen deposit on March 31.
Sharp also announced Friday that it will cut borrowing costs for the current fiscal year by 7.2 billion yen, after reaching new debt deals with its main banks. Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. agreed to amend the terms of existing loans, Sharp said in a statement.

I invest base on 6 Simple Factors:

1) Last 3 years’ Net Profits
2) Last 3 Years’ Dividend
3) Last 3 years’ NAV
4) The Estimated Average Yield for the last 3 years
5) Historic High & Historic Low
6) The Current share price
 
CWD Holding’s Past Performance:

1) Last 3 years’ Net Profits:
2013 ~ $11M
2014 ~ $8M
2015 ~ $8M
 
2) Last 3 Years’ Dividend:
2013 ~ US $0.012
2014 ~ US $0.012
2015 ~ US $0.012
 
3) Last 3 years’ NAV:
2013 ~ $0.18
2014 ~ $0.20
2015 ~ $0.20
 
4) The Estimated Average Yield for the last 3 years:
Add up last 3 years’ Dividends divide by 3 then divide by Current price
(US $0.012 + US $0.012 + US $0.012)/3 then divide by $0.155 x 100 = 7.75%
(I take this figure and multiply by 1.2 to convert to SGD) so the yield is 7.75% x1.2 = 9.3% estimated.
 
5) Historic High & Historic Low
The adjusted historic high on 21.04.06 was $0.236 per share
The adjusted historic low on 05.11.08 was $0.028 per share

6) The Current share price is $0.155
 
I think the price is below its value. (Price is what we pay, Value is what we get)
Note: Past Performance is not necessarily indicative of its future performance but may serve as a good guide.
E&O (03-04-16) - Vested

"3) Last 3 years’ NAV:
2013 ~ $0.18
2014 ~ $0.20
2015 ~ $0.20"
Are the figures for NAV given in SGD?

These are the stated figures in the ARs for NAV
2013: 14.53
2014: 14.21
2015: 13.87
These are in US cents

Also, just a note about the net profit in 2013: the US 11.31mil includes the 2 extraordinary items from the disposal of the property, plant and equipment of the Suzhou Plant in September 2013 for US$2.3million gain and the US$2.0 million gain on acquisition of 100% equity interest in Minami Tec (Wuxi) Co., Limited
A more accurate analysis would be to strip off these extraordinary items, which would give us approximately US$7mil

Hi GFG,

1) Yes, NAV in SGD.
2) Profit in 2013 inclusive of extraordinary items.
3) Dividend of 0.7 US cents coming in May 16.

[BlueKelah]

spike in volume and share price increased. Big buy queue as well.

Looks like CDW has started share buy back again before their yearly ESOS

[zawoo86]

spike in volume and share price increased. Big buy queue as well.

Looks like CDW has started share buy back again before their yearly ESOS

If it is share buyback, there should be an announcement right? I dont see any announcement.

[BlueKelah]

spike in volume and share price increased. Big buy queue as well.

Looks like CDW has started share buy back again before their yearly ESOS

If it is share buyback, there should be an announcement right? I dont see any announcement.

yah no announcement means something going on loh. Maybe foxconn buying some position in CDW? There was similar happening last month with blanga factory news. maybe new order is in and next quarter revenue improving but the news is leaked so insider collecting. Next quarter result out in a months time.

Got some last dip @0.145 but not much, will be loading more when the volume settles.

-v-

[zawoo86]

spike in volume and share price increased. Big buy queue as well.

Looks like CDW has started share buy back again before their yearly ESOS

If it is share buyback, there should be an announcement right? I dont see any announcement.

yah no announcement means something going on loh. Maybe foxconn buying some position in CDW? There similar happening last month with blanga factory news. maybe new order is in an next quarter revenue spike, so insider collecting

I think there will be share buyback after the AGM. Definitely excited about the SHARP and Foxconn deal. I am heavily vested in this.

[BlueKelah]

dun be too heavily invested lah, always make sure it is part of a balance in your portfolio so you wont get WIPED OUT. In case any unforseen thing happen like blanga factory flood, or china factory explode, or like few years back the Cash was embezzled by the employee. In which case the stock could very well crash below 10cents again It was at that level just very recently 3 years ago in 2013.

[Life is a game]

spike in volume and share price increased. Big buy queue as well.

Looks like CDW has started share buy back again before their yearly ESOS

If it is share buyback, there should be an announcement right? I dont see any announcement.

yah no announcement means something going on loh. Maybe foxconn buying some position in CDW? There was similar happening last month with blanga factory news. maybe new order is in and next quarter revenue improving but the nes is leaked so insider collecting. Next quarter result out in a months time.

Got some last dip @0.145 but not much, will be loading more when the volume settles.

-v-

probably they will make an announcement on Foxconn? if so, it may strengthen investors confidence.

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