QAF    Last:0.875    +0.005

solid counter overlook...

ANY BODY VEST IN QAF, I AM VERY VEST NOW,  

 

I have no idea if there is a take over .The trend now is sideway n may find support here .

th_iamy      ( Date: 18-Sep-2011 14:31) Posted: HI MASTER BINTANG, ANY COMMEND ON THIS COUNTER QAF, ANY CHANCE OF A TAKEOVER. CHEER.

 

HI MASTER BINTANG, ANY COMMEND ON THIS COUNTER QAF, ANY CHANCE OF A TAKEOVER. CHEER.

 

Totally agree with you.  Good estab company with good track record.  P/E only 5 this year.

Profit to Mrkt Cap ratio 18.6%.....300M company but earn 56M.

Listed in Wright as a DAD4 grade company.

 

Con:

Illiquid stock

May have issue managing M& A. 

 

Never got a chance to vest it. Money cannot buy.....heeeee

kier_w2002      ( Date: 27-Feb-2011 02:34) Posted: Forgot to add: I believe this counter is also quite resistant to recession since it is dealing with everyday food stuff like gardenia bread.

 

Forgot to add: I believe this counter is also quite resistant to recession since it is dealing with everyday food stuff like gardenia bread.

 

I had bought this stock back in 2006 for $0.33 when I first started buying shares, and sold it at about $0.38. Not been updated in recent happenings, but the underlying group seems to be fundamentally sound. However, the capital appreciation, though steadily increasing, is extremely slow...think it's much better to  put money in other counters, or even the STI ETF if you're lazy.

 

buy, but no liquidity...hope it pick up,so we can jump in to make $

 

QAF has report Earning Per Share of 3.4 Cents for first Quarter of Financial Report. This was the reason for the price to surge from 20 Cents to 26.5 Cents.

Not hard to imagine, the prospect for it to go UP is bright.

Look at the statement for this year outlook at the report. It's Positive..http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C21A1B21022D68DD482575A5003228F7/$file/1Q2009QAFAnouncement.PDF?openelement

 

Still declare 2 cent div... But what happen to the qualified audit report on going concern.. Funny no need to make clarification??? so confuse.. buy or not to buy???

 

Hey...thanks for the info....always wanted to buy this stock since their 50cts range.   Will comb through the numbers before investing.

I don't think any hse have coverage on this stock....???

wongmx6      ( Date: 05-Apr-2009 03:35) Posted: Andree Halim an indonesian, He is holding more than 50% of the stack.  Andrew      ( Date: 04-Apr-2009 22:02) Posted: This company is actually a rather good company....But....they have 3 bad investments....Chinafood....all the soyabeans stock in warehse went missing.....SUS.....Zhquo Jilong....SUS under JM and PSC......give away to shareholders. In the late80's or early 90's Brunei Sultan invested in this company....I wonder if they are still investor. ST Money I read as a very young man....heeee....cannot confirm....

 

Andree Halim an indonesian, He is holding more than 50% of the stack. 

Andrew      ( Date: 04-Apr-2009 22:02) Posted: This company is actually a rather good company....But....they have 3 bad investments....Chinafood....all the soyabeans stock in warehse went missing.....SUS.....Zhquo Jilong....SUS under JM and PSC......give away to shareholders. In the late80's or early 90's Brunei Sultan invested in this company....I wonder if they are still investor. ST Money I read as a very young man....heeee....cannot confirm....

 

This company is actually a rather good company....But....they have 3 bad investments....Chinafood....all the soyabeans stock in warehse went missing.....SUS.....Zhquo Jilong....SUS under JM and PSC......give away to shareholders.

In the late80's or early 90's Brunei Sultan invested in this company....I wonder if they are still investor. ST Money I read as a very young man....heeee....cannot confirm....


 

 

Thanks, I'm aware of it and a bit jitter. I like this stock is because despite the Company was in the Red at last Financial Year (-29 Mil). It is still willing to pay 2 Cents of Div (Pending approval on AGM at this month). Just imagine the Yeild = 12.5%.

Beside that the Company also mentioned that Year of 2009, the group it will be back to profit.

http://www.qaf.com.sg/media/FY2008QAFAnouncement(1).pdf

 

I will continue monitor it closely.

 

knightbridge      ( Date: 04-Apr-2009 20:24) Posted: Be careful with this one now.. Dump if still got profit.. or only lose alittle Auditors just qualify the accounting. Going concern with one of its subsidary/.. $33m if i am not wrong.. Red Flag Raised... Still trading at 16-17 cents... Quite curious why investor still buying.... Anyone got any information.. I not vested... wongmx6      ( Date: 26-Mar-2009 17:29) Posted: A very quite stock, I bought it since its price at 35 Cents, Usually no volume, Today afternoon onward, someone was dumping it with high volume. Any news??? I don't care bought some more as i plan to keep for long.  Info: This is a company that making Gardenia Bread and provide Aust Air Pork. Not a halal stock.

 

Be careful with this one now.. Dump if still got profit.. or only lose alittle

Auditors just qualify the accounting. Going concern with one of its subsidary/.. $33m if i am not wrong.. Red Flag Raised...

Still trading at 16-17 cents... Quite curious why investor still buying.... Anyone got any information.. I not vested...

wongmx6      ( Date: 26-Mar-2009 17:29) Posted: A very quite stock, I bought it since its price at 35 Cents, Usually no volume, Today afternoon onward, someone was dumping it with high volume. Any news??? I don't care bought some more as i plan to keep for long.  Info: This is a company that making Gardenia Bread and provide Aust Air Pork. Not a halal stock.

 

A very quite stock, I bought it since its price at 35 Cents, Usually no volume, Today afternoon onward, someone was dumping it with high volume. Any news???

I don't care bought some more as i plan to keep for long. 

Info: This is a company that making Gardenia Bread and provide Aust Air Pork. Not a halal stock.

 

Wait till below Sgd. 0.10 for safer investment.

cheongweee      ( Date: 19-Jun-2007 23:17) Posted: vest...at 50c...accumulate before regret..look vol is going up.

 

vest...at 50c...accumulate before regret..look vol is going up.