math_of_money
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Ziwo Holdings
20-02-2012, 06:12 PM. (This post was last modified: 23-10-2013, 03:29 PM by CityFarmer.)
Post: #1
Ziwo Holdings
The Company just issued a profit warning this evening.

(Not Vested)
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/

http://sgmusicwhiz.blogspot.com
Website Find Reply
01-05-2013, 12:00 AM. (This post was last modified: 01-05-2013, 12:00 AM by mysterion.)
Post: #2
RE: Ziwo Holdings Limited
(20-02-2012, 06:12 PM)Musicwhiz Wrote: The Company just issued a profit warning this evening.

(Not Vested)

Hi anyone in the forum vested in this business and/or visited the latest AGM?

This company has net cash of 33 million but is trading at 23 million - it's trading way below its ultra-conservative book value (ignoring inventory, trade receivables, PPE, intangibles etc.)

About 30% MOS with healthy balance sheet and positive cash flow (albeit declining revenues, profits and cash).

Find Reply
01-05-2013, 12:42 PM.
Post: #3
RE: Ziwo Holdings Limited
If the company is full of cash, why isn't paying any dividend ?
It's just another chinese scammer.

Find Reply
01-05-2013, 01:33 PM. (This post was last modified: 01-05-2013, 02:02 PM by CY09.)
Post: #4
RE: Ziwo Holdings Limited
I can confidently say 5 SGX listed companies that trade below their net-net value. Some have a tremendous amount of cash relative to their current market cap.

That is of course if you believe the balance sheet figures

Find Reply
01-05-2013, 08:44 PM.
Post: #5
RE: Ziwo Holdings Limited
(01-05-2013, 01:33 PM)CY09 Wrote: I can confidently say 5 SGX listed companies that trade below their net-net value. Some have a tremendous amount of cash relative to their current market cap.

That is of course if you believe the balance sheet figures

All S-Chips? =/

Find Reply
01-05-2013, 09:11 PM.
Post: #6
RE: Ziwo Holdings Limited
(01-05-2013, 08:44 PM)mysterion Wrote:
(01-05-2013, 01:33 PM)CY09 Wrote: I can confidently say 5 SGX listed companies that trade below their net-net value. Some have a tremendous amount of cash relative to their current market cap.

That is of course if you believe the balance sheet figures

All S-Chips? =/

ALmost all, one is malaysia chip but has been hamoragging losses

Find Reply
12-03-2014, 09:04 PM.
Post: #7
RE: Ziwo Holdings
Wow, 136.4% hike in two days, without any obvious reason...

SGX raises alert on trading activities of Ziwo
12 Mar 2014 15:46
Singapore Exchange Securities Trading Limited (SGX-ST) on Wednesday drew attention to the trading activities of Ziwo Holding after the company said it was unaware of any reasons that could have caused its share price to soar.

"The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market,'' SGX-ST said.

Earlier, the regulator queried the company on the substantial 136.4 per cent hike in its share price between March 11, 2014 and March 12, 2014.

Ziwo said it was not aware of any reasons that could possibly explain the trading in its securities.
...
Ref: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

Find Reply
29-09-2014, 10:07 AM.
Post: #8
RE: Ziwo Holdings
What can ziwo contribute to the township development, beside capital?

(not vested)

Ziwo to acquire 25% stake in Quanzhou main infrastructure contractor

Ziwo Holdings, the manufacturer of foam and fabric materials, announced that Zhihe (Fujian) Technology Co., a wholly owned subsidiary of the group, has signed a Letter of Intent with Fu Dongli to acquire 25% equity stake in Xisheng (Quanzhou) Investment Co. for RMB160 million ($33.3 million).

Xisheng, jointly with CMTCC Shanghai Shisanye Construction Co., a branch of of Metallurgical Corporation of China, had successfully bid in 2011 to develop the infrastructure construction project of Guanqiao Park in Quanzhou Economic and Technological Development Zone. Work has commenced on the project, with phase 1 of the project estimated to have a value of RMB 1 billion.

The project is located in the north-eastern area of Nanan City, Guanqiao town. It has an estimated land area of 1,477 hectares. The scope of Xisheng’s construction activities include excavation works, levelling of land, building road and underground networks, construction of infrastructure as well as specific housing requirements.

Ting Chun Yuen, Chief Executive Officer of Ziwo, says that competition in the industry has been intense over the past few years and we have been seeking new acquisition opportunities to grow Ziwo’s value over the long term.

“Xisheng is an attractive proposition. The Guanqiao Park is a prominent national-level project that was conceptualized and implemented to help relocate industries away from city centre. With an estimated value of RMB 1 billion for phase 1 of the Project, we believe taking a stake in Xisheng at this stage will set Ziwo on a path of growth for the next few years.” Ting adds.
http://www.theedgesingapore.com/the-dail...-zone.html
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

Find Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Valuebuddies.com | Return to Top | Lite (Archive) Mode | RSS Syndication | CONTACT US: nas......@valuebuddies.com | | Share Buy-Back | Disclosure of Interest