PNE Industries

[valuebuddies]

Normally juz get from annual reports...

http://quicktake.morningstar.com/stockne...ountry=sgp

You can try the SGX website (http://www.sgx.com/wps/portal/sgxweb/hom...BIS9nQSEh/), then filter PNE Industries to get their Annual Reports, since they don't have a IR website.

Thanks for the tips

[TheMillennium]

This company can be considered a Graham net-net? But it is but very illiquid and almost obscured.

Taking (current assets - total liabilities - 50% discount on inventories) and dividing it by the number of shares, I get $0.125.
After applying the 2/3 MOS rule, the resulting value is $0.08347.
Current market price is at $0.085.

[valuebuddies]

This company can be considered a Graham net-net? But it is but very illiquid and almost obscured.

Taking (current assets - total liabilities - 50% discount on inventories) and dividing it by the number of shares, I get $0.125.
After applying the 2/3 MOS rule, the resulting value is $0.08347.
Current market price is at $0.085.

IMO it is more for dividend play rather than on share price growth. In the next 5 years time, I expect current ratio to grow further and with higher liquidity in the market, hence we could reduce the MOS to 1/5, it could be a 15-20c company.

[Kelvin]

Some sellers today. allow me to be vested.

Sent from my GT-I9505 using Tapatalk

[investright]

Can someone educate me what does this means:
Circumstance giving rise to the interest or change in interest:-"Due to transfer to nominee of shares pledged to financial institution in return for facilities granted."

http://infopub.sgx.com/FileOpen/_TanKong...eID=273712

[orangetea]

Can someone educate me what does this means: Circumstance giving rise to the interest or change in interest:-"Due to transfer to nominee of shares pledged to financial institution in return for facilities granted." http://infopub.sgx.com/FileOpen/_TanKong...eID=273712

Means the person holding the shares pledge to the bank or some financial institution to get a loan.

But note: if the share price drops below a certain value, the bank will call for topup or sell the shares pledged.

[investright]

Can someone educate me what does this means: Circumstance giving rise to the interest or change in interest:-"Due to transfer to nominee of shares pledged to financial institution in return for facilities granted." http://infopub.sgx.com/FileOpen/_TanKong...eID=273712

Means the person holding the shares pledge to the bank or some financial institution to get a loan.

But note: if the share price drops below a certain value, the bank will call for topup or sell the shares pledged.

Hi Orangetea, thanks very much for the reply. Appreciate that a lot. So it is not a signal that the shareholder has no confidence with the company's stock.

[psslo]

Half year result out. Interim dividend of 0.5c in May ~ 5% yield.

No debt, cash of $18.5M ~ 5.5c/share, so potentially another 0.5c for final dividend (total of 10% yield)?

P/B under 0.5 - undervalued & illiquid micro cap.

[BlueKelah]

Half year result out. Interim dividend of 0.5c in May ~ 5% yield.

No debt, cash of $18.5M ~ 5.5c/share, so potentially another 0.5c for final dividend (total of 10% yield)?

P/B under 0.5 - undervalued & illiquid micro cap.

Bought in at 88 cents, not much action until recent announcement of div. who wanna join in?

[Dividend Hermit]

Half year result out. Interim dividend of 0.5c in May ~ 5% yield.

No debt, cash of $18.5M ~ 5.5c/share, so potentially another 0.5c for final dividend (total of 10% yield)?

P/B under 0.5 - undervalued & illiquid micro cap.

Bought in at 8.8 cents, not much action until recent announcement of div. who wanna join in?

I vested at 8.6 cents and I always wanted to accumulate more. Anyone knows why they suddenly give dividends?

(Edited the price)