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Asia Enterprise Holdings
01-09-2016, 02:14 PM.
Post: #131
Wink  RE: Asia Enterprise Holdings
(31-08-2016, 12:00 PM)brattzz Wrote: kinda of strange to buy-back now, sure there are no better use of the money?

Smile Smile Smile

What better use than buying $19.9 in the bank with $17.2? And then take out that money immediately to buy some more  Sleepy Sleepy Sleepy

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01-09-2016, 03:57 PM.
Post: #132
RE: Asia Enterprise Holdings
sounds like Ponzi leh... Tongue

ok lah ok lah, it's a positive sign, Big Grin hopefully more volume in share-buy-backs! Big Grin Big Grin Big Grin
signal the turn of the tide?!!!

Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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26-04-2017, 09:05 PM.
Post: #133
RE: Asia Enterprise Holdings
Now trading at 0.8x NCAV. Dividend announced 0.3 cents, at a share price of $0.183, that's a 1.6% dividend. 60 million cash hoard. Profit warning announced for Q1.

However, from an asset point of view still trading very cheaply.

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15-05-2017, 11:39 AM.
Post: #134
RE: Asia Enterprise Holdings
http://infopub.sgx.com/FileOpen/Asia%20E...eID=452157

"Asia Enterprises Posts Weaker Results in 1Q17 But Remains in a Strong Financial Position"

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15-05-2017, 06:37 PM.
Post: #135
RE: Asia Enterprise Holdings
(26-04-2017, 09:05 PM)beau Wrote: Now trading at 0.8x NCAV. Dividend announced 0.3 cents, at a share price of $0.183, that's a 1.6% dividend. 60 million cash hoard. Profit warning announced for Q1.

However, from an asset point of view still trading very cheaply.

"However, from an asset point of view still trading very cheaply."

And THAT, is the problem, isn't it?
There isn't a period in the past decade where it's NOT trading very cheaply relative to its book value

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16-05-2017, 09:19 AM.
Post: #136
RE: Asia Enterprise Holdings
many stockists are trading below book values, it's the norm for this type of business model

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24-07-2017, 09:30 PM.
Post: #137
RE: Asia Enterprise Holdings
Some good news for companies holding steel inventory.

https://www.bloomberg.com/news/articles/...s-to-china

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29-01-2019, 07:57 PM.
Post: #138
RE: Asia Enterprise Holdings
Asia Enterprises Reports Higher Revenue and Net Profit for FY2018

Highlights :
* Revenue grew 23% to S$37.8 million
* PATMI increased 23% to S$1.7 million
* In FY2018, the Group witnessed a narrowing of its GP margin
* Maintains final dividend at 0.50 cents per share; translates to 100% pay-out ratio
* Sound financial position with cash of S$48.8 million and zero borrowings
* The Group expects the operating environment in the region’s steel distribution segment to remain challenging in the coming year as intense competition will prevail.

More details in :
1. http://infopub.sgx.com/FileOpen/AEH4Q201...eID=542048
2. http://infopub.sgx.com/FileOpen/Asia%20E...eID=542049
Specuvestor: Asset - Business - Structure.

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