Popular
Popular, good to buy and hold for long term?
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you think he can take it private cheap, it is???
so simple???
ah_huat ( Date: 02-Aug-2011 15:14) Posted:
| Don't mind me saying, but i personally think the boss has interest in keeping this stock low. Wanna guess why? |
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Whoa! somebody just hit the offer at 17.1cent for 214 lots. Heng I never sell yet. lol. Still, I think this stock will close lower ah. Call it the " invisible hand" .... That said, I think that invisible hand is beginning to run out of bullets. lol
Don't mind me saying, but i personally think the boss has interest in keeping this stock low. Wanna guess why?
It may not be that popular with mkt player, but it is a solid stock which pay good div.
it boss is a conservative and shrew man. It is also recession proof,
listed for some 14 yrs if i am not wrong, gone thro hell many times,
buy with confidence,
another one stamfordld, stamford tyre.
i think better take profit when got any... considering everything else in e RED.
What's going on here? anyone hear anything? Today's a sea of red but this normally crappy stock seems to be bucking e trend? wtf
I was at their AGM last year. The explanation from the chairman was his percentage of shareholding had risen during the financial crisis due to rights issue and additional purchases. So he was reducing to the normal percentage. Anyway he had stopped selling for sometime.
andreytan ( Date: 07-Jul-2011 14:45) Posted:
Just went to SGX and check that director is selling, but small , so what story you hear???
andreytan ( Date: 07-Jul-2011 14:37) Posted:
| Do you have proof they are doing this???
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Just went to SGX and check that director is selling, but small , so what story you hear???
andreytan ( Date: 07-Jul-2011 14:37) Posted:
Do you have proof they are doing this???
temp123 ( Date: 07-Jul-2011 13:47) Posted:
| What to do when mgmt is punting their own share?
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Do you have proof they are doing this???
temp123 ( Date: 07-Jul-2011 13:47) Posted:
| What to do when mgmt is punting their own share?
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What to do when mgmt is punting their own share?
My own view is the CEO needs to engage the investment community better. Market has been suspicious of Popular's foray into the property segment (questioning whether it is out of its core competence) and the media / book market is highly competitive. Having said, the financials now look very interesting and I will tend to concur downside should (big caveat here) be limited versus potential gain. What is untimely though for Popular is being a sub 20 cents stock, the ridiculous $0.001 bid size introduced by SGX curtails trading interest. With limited interest means limited liquidity driven partially by limited analyst coverage, which would be unfortunate for Popular. Perhaps Popular can consider share consolidation if management recognises they are highly undervalued by the market. Still for long term value investors, they can study Popular's financials in-depth and determine if there is a value play here. Good luck to holders.
It pay div regularly ard 5 to 6%, better than SMRT, or some blue chips, and 16c the px can only and likely go one way, that is up.
it got 0.10c cash per share at the latest report and nav 0.2268c. total 0.3268 selling for 0.16c. .
very cheap, and it is almost recession proof and with a shrew CEO Chou CN, you can sleep in peace.
BTW, has anyone have an estimate how much their retail properties are worth? THeir annual report says $27+ m based on last valuation. When was valuation done? I really don't know. But i have a hunch it could possibly be understated?
| Trades of the Day... |
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| Fundamentally: |
Popular Holdings (POP SP S$0.16 CEASE COVERAGE)
- FY11 net profit fell 74.1% yoy.
Balance sheet remains strong with net cash per share of 10.1 Scts. With a final DPS of 0.6 Scts, full year DPS is 1.0 Scts. Company open to diversifying its property business into the landed property segment as well as commercial and industrial sectors. Technical charts are favourable.
Ceasing Coverage.
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Fundamentally… | |
Popular Holdings Limited (POP SP; S$0.18; BUY) – 2Q11 sales in line but profit below due to lower than expected performance in publishing segment. Maintain BUY, TP S$0.27 pegged to 1x CY11 NTA per share. 3.3% dividend yield to limit downside. | |
/cimb/
/i came i read i posted FY reading pleasure.... exercise due diligence before trading.../
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| Popular Holdings posts half-year net profit of $246m |
| WRITTEN BY THE EDGE |
| FRIDAY, 10 DECEMBER 2010 21:27 |
Popular Holdings says it posted a net profit of $9.8 million on turnover of $245.6 million for for the half year ended 31 October 2010 (HY2011). In view of the performance for HY2011, the group is declaring an interim dividend of 0.4 cents.
Popular’s retail and distribution business recorded an increase in turnover from $192.0 million in HY2010 to $202.5 million in HY2011, mainly contributed by organic growth. The 5.5% increase in turnover as well as closure of certain non-profit generating stores boosted the PBT of this division by 63.8% from $4.7 million in HY2010 to $7.7 million in HY2011. A record high turnout at BookFest@Malaysia held in September 2010 also contributed to the stellar performance of this division.
Despite stiff competition in the Hong Kong market, Popular says turnover and profit before tax for the publishing and e-learning division remains stable at $33 million and $6.5 million respectively.
To bring more synergy to the e-Learning business, the group increased its stake in its associated company, Active & Independent Education Limited, in Hong Kong from 25.2% to 51.01%.
In addition, the group invested in 22% shareholdings in Computer Training & Consultancy (ACP) in November.
The property development division achieved revenue of $10.3 million from the sale of 3 units in the group’s second project "18 Shelford” in HY2011. For the same period last year, the group recognised $41.4 million sales revenue and $7.7 million in profit before tax from the group’s maiden project One Robin.
The group’s third project, 8 Raja, was launched in October 2010 and construction is expected to commence in early 2011.
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Popular Holdings Limited
announced that the Company has, through its wholly-owned subsidiary, Popular e-Learning Holdings Pte Ltd, acquired a 22% shareholding interest comprising 81,400 ordinary shares in the capital of A CP from an existing shareholder of A CP for a consideration of S$1,100,000. A CP is principally engaged in IT Information technology training, education and other soft skills courses.
//PS
fully agree!!!!!!!!!!!! 0.18 seems max. better not have any sell down by contras
soloman ( Date: 09-Nov-2010 18:13) Posted:
| USELESS STOCK ........................... |
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walan A!!!! think this burger losing steam liao......if still dun go up next week me gona strip pants liao.... :(
each day up half cents...soon will become $1
