Swing Media Tech   

Its show time !!!!!

Shorted at 13.6 today...more downside to come!

 

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/30-2007/6488-swing-media-likely-profit-boost-of-35-pa-from-petrochina.
http://bizdaily.com.sg/newsite/stock-picks-526/

Look at this 2 articles, seems good potential for growth.. Well written !

teobl9      ( Date: 11-Mar-2013 13:50) Posted: New placement share offer price is to reduce borrowing plus use as working capital which is good to the coy. The diluted EPS and NAV due to this share placement are still very attrative at 5.9x and S$0.43. I am vested now!

 

New placement share offer price is to reduce borrowing plus use as working capital which is good to the coy. The diluted EPS and NAV due to this share placement are still very attrative at 5.9x and S$0.43. I am vested now!

 

Very disappointing counter! No end in shares placement!

 

how come this one the CEO talk dragon talk tiger, the price wont move even though NAV is much higher than the price.

Today formed a black candle, not a good sign with heavy volume

 

operation_pesb      ( Date: 28-Feb-2013 09:27) Posted: Next Target: 0.195 based on TA

 

What Show ?

South Park ?

 

 

Next Target: 0.195 based on TA

 

can someone study its TA, what the next target?

 

too busy with my other battles

 

Coy claim the profit would double next few years but solar business is very depenedable on government incentive.

 

bro..there's really no certainty in this business. sometimes we just get it wrong

 

Is it in the downtrend mode. .. Or what ? It shouldn't be though, becos it was high volume around the 0.160 region. Correct me if Im wrong. BB shouldnt have left in this way.. I guess. Any comment guru ??? As is still far from the price before the consolidation. It should have done much better as this is one of the few penny stocks that pays dividend and make profit in the mist of enconomy crisis... Only my personal viewpoint.

jomini      ( Date: 30-Jan-2013 17:52) Posted: to give credit to someone who has alr done the research. sorry. didnt see it when i post josephyeo      ( Date: 03-Jan-2013 10:15) Posted: I like Swing Media for the following reasons : 1. closing price on 31st dec was 10.1 cts. Its nav is       44.7 cts. Its trading at only 22.5% of its nav. 2. despite the tough economic environment in the         last few years, the company has been able to         improve its top n bottom line. FY 2010 revenue : S$126 mil   profit : S$6.82 mil FY 2011 revenue : S$133 mil   profit : S$ 7.6 mil FY 2012 revenue : S$136.7 mil   profit : S$ 8.3 mil   1/2 year 2013 (apr to sept 2012): revenue : S$69.7 profit : S$5.2 mil. If we use a straight line projection the full year profit would be S$10.4 mil. The key point here is that the company has been consistently profitable in the last few years despite the difficult economic environment. 3. based on current price of 10.1 cts it is trading on a  p/e of 4.6 and is capitalised at S$37.6 mil. If the projected profit of S$10.4 mil is correct the p/e would be only 3.6. A company w growth in top n bottom lines trading at a p/e of 3.6 is certainly under-valued. 4. closing price on 31st dec was 10.1 cts.  the 52 weeks low was 9 cts and high is 13.4 cts. Its trading slightly above 10% of the historical low thereby implying that the risk in investing in this company is low. 5. company has consistently declared dividend in  the last few years. Dividend declared for financial year 2012 was 0.19 cts which give a dividend yield of 1.9% based on closing price of 10.1 cts. 6. management seems quite bullish on their  business prospects. I quote some from their latest management comments : i) looking ahead, business conditions are improving slightly as the group  benefits from industry consolidation, ii) the group also expects to reap rewards from its cost optimisation and increased marketing efforts, iii) the group believes that its core products DVD-Rs and CD-Rs will remain in demand .. Iv) The group also expects increased demand for dual layer DVD-Rs and BD-Rs (blue ray discs) and  v) the group has already booked the income from the  five previously completed systems… its China subsidiary has secured another 200 solar-powered energy systems order from PetroChina petrol stattions. This brings the group's portfolio of such systems to 300 which is expected to generate an estimated profit of RMB 30  million over the next two years. 7. Notes on the company : a. the company was listed on the 1st feb 2002 b. its IPO price was 70 cts per share c. its operations are headquartered in Hongkong with manufacturing facilities in Hongkong, China n  Taiwan. For more details, pls read up on the company. Above are just my views and ways of looking at things. Its not intended to ask you to buy or sell. You are advise  to do your own diligent before you make a decision. Based on the above I like the counter and am heavily vested. I wish all of you all the best.

 

haha.. this one no horse run... super BIG profits ^^

medivh      ( Date: 15-Jan-2013 09:19) Posted: If I know, I will be a billionaire by now..  just put stop loss for whatever price u bought. NICHOLASCHUA      ( Date: 15-Jan-2013 09:17) Posted: How high will this go

 

BB's playing with this stock today... don't be left high and dry guys...

 

correction.. 0.17 and 0.19

simply_ek      ( Date: 31-Jan-2013 09:42) Posted: Look like it will test 1.7 today, 1.9 maybe next week... what I don't understand is the  recent buying  volume...

 

Look like it will test 1.7 today, 1.9 maybe next week... what I don't understand is the  recent buying  volume...

 

Dont think today can hit .19. Its too much for a push in a down market. 

 

Was going long with this... surprised to see so much action past 24hrs! This is really an undervalued gem... it's financials are superb... cash flow a little week... but whoever took notice of a dent in a Ferrari?

 

Now for the 0.19 part?

Insanity      ( Date: 31-Jan-2013 09:11) Posted: U were spot on! Nopainnogain      ( Date: 30-Jan-2013 17:42) Posted: Swing media tomorrow will open at 0.16 I think... then all the way to 0.19

 

U were spot on!

Nopainnogain      ( Date: 30-Jan-2013 17:42) Posted: Swing media tomorrow will open at 0.16 I think... then all the way to 0.19

 

to give credit to someone who has alr done the research.

sorry. didnt see it when i post

josephyeo      ( Date: 03-Jan-2013 10:15) Posted: I like Swing Media for the following reasons : 1. closing price on 31st dec was 10.1 cts. Its nav is       44.7 cts. Its trading at only 22.5% of its nav. 2. despite the tough economic environment in the         last few years, the company has been able to         improve its top n bottom line. FY 2010 revenue : S$126 mil   profit : S$6.82 mil FY 2011 revenue : S$133 mil   profit : S$ 7.6 mil FY 2012 revenue : S$136.7 mil   profit : S$ 8.3 mil   1/2 year 2013 (apr to sept 2012): revenue : S$69.7 profit : S$5.2 mil. If we use a straight line projection the full year profit would be S$10.4 mil. The key point here is that the company has been consistently profitable in the last few years despite the difficult economic environment. 3. based on current price of 10.1 cts it is trading on a  p/e of 4.6 and is capitalised at S$37.6 mil. If the projected profit of S$10.4 mil is correct the p/e would be only 3.6. A company w growth in top n bottom lines trading at a p/e of 3.6 is certainly under-valued. 4. closing price on 31st dec was 10.1 cts.  the 52 weeks low was 9 cts and high is 13.4 cts. Its trading slightly above 10% of the historical low thereby implying that the risk in investing in this company is low. 5. company has consistently declared dividend in  the last few years. Dividend declared for financial year 2012 was 0.19 cts which give a dividend yield of 1.9% based on closing price of 10.1 cts. 6. management seems quite bullish on their  business prospects. I quote some from their latest management comments : i) looking ahead, business conditions are improving slightly as the group  benefits from industry consolidation, ii) the group also expects to reap rewards from its cost optimisation and increased marketing efforts, iii) the group believes that its core products DVD-Rs and CD-Rs will remain in demand .. Iv) The group also expects increased demand for dual layer DVD-Rs and BD-Rs (blue ray discs) and  v) the group has already booked the income from the  five previously completed systems… its China subsidiary has secured another 200 solar-powered energy systems order from PetroChina petrol stattions. This brings the group's portfolio of such systems to 300 which is expected to generate an estimated profit of RMB 30  million over the next two years. 7. Notes on the company : a. the company was listed on the 1st feb 2002 b. its IPO price was 70 cts per share c. its operations are headquartered in Hongkong with manufacturing facilities in Hongkong, China n  Taiwan. For more details, pls read up on the company. Above are just my views and ways of looking at things. Its not intended to ask you to buy or sell. You are advise  to do your own diligent before you make a decision. Based on the above I like the counter and am heavily vested. I wish all of you all the best.