Thoughts on the market.

More
10 years 5 months ago #18341 by pine
Replied by pine on topic Thoughts on the market.
Hmmm...Federal does look like a value stock at first glance. I am interested to take a closer look. Thanks Joseph :cheer:

Please Log in or Create an account to join the conversation.

More
10 years 4 months ago #18356 by josephyeo
Replied by josephyeo on topic Thoughts on the market.
Federal trading at high of 3.1 cts and low of 2.9 cts.
on volume of 14.5 mil.

josephyeo wrote: Some notes n datas on Federal -

1st quarter profit : S$1,178,000

2nd quarter profit : S$2,993,000

3rd quarter profit : S$2,132,000

Profit for 9 months : S$6,303,000

Company capitalised at S$40.8 mil based on share price of 2.9 cts.

Forward p/e around 5 assuming 4th quarter profit same as quarter 3.


Price history

52 weeks high 4.6 cts (feb 2013)

52 weeks low 2.2 cts

on date of posting 2.9 cts


Nav

5.56 cts


Notes : company suffered hugh losses in the last financial year due to various impairment charges.

It appears that the company has turned around as evidenced by 3 continuous quarters of profit.

Company is still on SGX watchlist.

josephyeo wrote: Just to share with you my thoughts on the market. ...

For the past months the market was rattled by 2 major issues : 1) US gov't debt ceiling n 2) QE tapering

Glad to kmow that these 2 issues have passed by smoothly n the market is more stable now.

The first half of december had been been volatile n uncertain. With the passage of these 2 issues, the market should now be more stable. And have indeed firmed up.

Normally when the market firms up in December, the "bulls"
will charge in in January given the historical pattern n the Capricorn efect. The probably of a "bull" is now very high in my view.

I am vested n will be holding my stocks all the way to earliest end January.

Above is just my viewpoints. I welcome all comments from fellow investors.

Fyi i am vested in these stocks :

1. Sunningdale technology

2. Excelpoint

3. Federal

4. Valuetronics

5. global Invacom (G.Invacom)

All these stocks are profitable in their last quarter reports. Most have shown "big" improvement in top n bottom. Excelpoint,Sunningdale Technology n Valuetronics give excellent dividends.

Note: dividend yield above 5% are deemed excellent in my view.

Pls do your own analysis n draw your own conclusion.

This is not an invitation to invest or to put money into the counters I mentioned. It's just for sharing. In investment things can always go wrong.

All the best to all.!!!

The following user(s) said Thank You: Joes

Please Log in or Create an account to join the conversation.

More
10 years 4 months ago - 10 years 4 months ago #18364 by josephyeo
Replied by josephyeo on topic Thoughts on the market.
Federal volume has been surging. This is a good sign. See below :
17 dec (tuesday) - 0.5 mil
18 dec (wed) - 0.6 mil
19 dec (thurs) - 6.2 mil
20 dec (fri) - 7.5 mil
23 dec (mon) - 8.3 mil
24 dec (tuesday, Christmas eve) - 1.3 mil
26 dec (thurs) - 22.5 mil


josephyeo wrote: Federal trading at high of 3.1 cts and low of 2.9 cts.
on volume of 14.5 mil.

josephyeo wrote: Some notes n datas on Federal -

1st quarter profit : S$1,178,000

2nd quarter profit : S$2,993,000

3rd quarter profit : S$2,132,000

Profit for 9 months : S$6,303,000

Company capitalised at S$40.8 mil based on share price of 2.9 cts.

Forward p/e around 5 assuming 4th quarter profit same as quarter 3.


Price history

52 weeks high 4.6 cts (feb 2013)

52 weeks low 2.2 cts

on date of posting 2.9 cts


Nav

5.56 cts


Notes : company suffered hugh losses in the last financial year due to various impairment charges.

It appears that the company has turned around as evidenced by 3 continuous quarters of profit.

Company is still on SGX watchlist.

josephyeo wrote: Just to share with you my thoughts on the market. ...

For the past months the market was rattled by 2 major issues : 1) US gov't debt ceiling n 2) QE tapering

Glad to kmow that these 2 issues have passed by smoothly n the market is more stable now.

The first half of december had been been volatile n uncertain. With the passage of these 2 issues, the market should now be more stable. And have indeed firmed up.

Normally when the market firms up in December, the "bulls"
will charge in in January given the historical pattern n the Capricorn efect. The probably of a "bull" is now very high in my view.

I am vested n will be holding my stocks all the way to earliest end January.

Above is just my viewpoints. I welcome all comments from fellow investors.

Fyi i am vested in these stocks :

1. Sunningdale technology

2. Excelpoint

3. Federal

4. Valuetronics

5. global Invacom (G.Invacom)

All these stocks are profitable in their last quarter reports. Most have shown "big" improvement in top n bottom. Excelpoint,Sunningdale Technology n Valuetronics give excellent dividends.

Note: dividend yield above 5% are deemed excellent in my view.

Pls do your own analysis n draw your own conclusion.

This is not an invitation to invest or to put money into the counters I mentioned. It's just for sharing. In investment things can always go wrong.

All the best to all.!!!

Last edit: 10 years 4 months ago by josephyeo. Reason: paragraphing

Please Log in or Create an account to join the conversation.

More
10 years 4 months ago #18375 by Joes
Replied by Joes on topic Thoughts on the market.
I have been following your stock picks in this forum. You are pretty zhun. What surprised me is that your picks are very off the beaten path. That's why I have yet to summon up the courage to plunge into your stock picks. But that doesn't mean I will never since you now have a track record and qualify to say "I told you so".
The following user(s) said Thank You: josephyeo

Please Log in or Create an account to join the conversation.

More
10 years 4 months ago #18379 by josephyeo
Replied by josephyeo on topic Thoughts on the market.
Re : Federal -
Good volume traded today : 25.2 mil. Yesterday was 22,5 mil.
300,000 at 0.03 cts.
14,404,000 traded at 0,031 and
10,520,000 traded at 0,032 sgares.

Joes wrote: I have been following your stock picks in this forum. You are pretty zhun. What surprised me is that your picks are very off the beaten path. That's why I have yet to summon up the courage to plunge into your stock picks. But that doesn't mean I will never since you now have a track record and qualify to say "I told you so".

Please Log in or Create an account to join the conversation.

More
10 years 4 months ago #18387 by lotustpsll
Replied by lotustpsll on topic Thoughts on the market.
Hi Joseph,

I agree with your pick on Valuetronics. The company is on a recovery path and if it can sustain its 1H performance, it will likely be able to match its dividend of hkd17 cents paid in FY Mar2012. If this is the case the dividend yield for current year will exceed 10% based on price of 25 cents. I am vested in this income play and I see better future ahead as the company is also into LED lighting business which is a growth sector for the future.

Financial position is strong - stable balance sheet. A super small-cap in the making.

Yesterday, Valuetronics broke through the resistance level of 0.24/0.245 and ended at 0.25 on high volume. Another good point to note is that this stock is currently not being covered by any research house.

Please Log in or Create an account to join the conversation.

Time to create page: 0.228 seconds
Powered by Kunena Forum
 

We have 769 guests and no members online

rss_2 NextInsight - Latest News