PNE Industries

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#21
(23-10-2013, 05:43 PM)smallcaps Wrote: Normally juz get from annual reports...

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

(23-10-2013, 06:27 PM)mkmk Wrote: 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
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#22
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.
Patience is a virtue.
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#23
(23-10-2013, 11:11 PM)TheMillennium Wrote: 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.
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#24
Some sellers today. allow me to be vested.

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#25
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
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#26
investright Wrote: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.
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#27
(09-04-2014, 08:03 PM)orangetea Wrote:
investright Wrote: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.
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#28
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.
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#29
(30-04-2014, 11:56 AM)psslo Wrote: 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. Big Grin who wanna join in? Big Grin
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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#30
(01-05-2014, 01:16 PM)BlueKelah Wrote:
(30-04-2014, 11:56 AM)psslo Wrote: 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. Big Grin who wanna join in? Big Grin

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

(Edited the price)
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