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K1 Ventures

K1, result coming $$$119mil profit

Good call! Smiley

Hope can sustain momentum....

risktaker ( Date: 30-Jan-2013 08:49) Posted:

Everyone put this baby in ur radar..... US recovery play......easily 20 cents.....

OMG !!!!!!!!!!!!!

Everyone put this baby in ur radar..... US recovery play......easily 20 cents.....

Got profit.....Sell..... lolololol

http://sgxreports.blogspot.sg/2012/06/k1-ventures-limited.html

Hi guys

Any take on this counter? BUY , HOLD, SELL ?

See2eye thinks the full year result is going to announce around Aug 2010...and as see2ee look at its past Profit after Tax performance, this ecounter has positive profit after tax most of the time, and it does not have more than 2 consecutive quarter making loss after Tax, since 2003.....except for

this FY 2010. I see numbers for the quarterly loss as -3,104 (Q3), -584 (Q2), -365 (Q1).

IF the report see2eye referred to is correct, the past FY's quarterly loss happen on Q4 2009 -1,030, Q2 2006 Dec -1,609 [note: Full Year 2002, -78,419]

Knowing it NAV is around 0.18-0.19, I think it would have little upside when it announce the FY unless its Q4 a very good Q4 and has broken the loss trend. I think there would not be any dividend this year Smiley

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Hi guys this is what I meant

Any comments?

AutoBOT?

Today K1 got very very strange phenomenon

Many sell down of 1-2 lots within span of 30-45 seconds

Can someone pls explain or confirm is this automated machine BB trick to press down price so they can buy up?

I have firm belief that May 2010 results will be astounding

Vested

I remember the final divident (tax exempt one-tier) for the FY Jun 2009 is .75 cents. The 3rd Qtr result shall be available in May 2010.

pharoah88 ( Date: 02-Apr-2010 21:43) Posted:

what is the Dividend Distribution in FY2009?

this is an important indication.

see2eye ( Date: 21-Aug-2008 10:42) Posted:

Basing on the current trading price of 0.225 to 0.23, the full year divdient of 8 cents worked out to be 34.7% return. Of it, if approved, about 21.7% or 5 cents is paying out soon.

K1 seems to be a good buy.... even better than REIT for long-term investment.

what is the Dividend Distribution in FY2009?

this is an important indication.

see2eye ( Date: 21-Aug-2008 10:42) Posted:

Basing on the current trading price of 0.225 to 0.23, the full year divdient of 8 cents worked out to be 34.7% return. Of it, if approved, about 21.7% or 5 cents is paying out soon.

K1 seems to be a good buy.... even better than REIT for long-term investment.

see2eye ( Date: 21-Aug-2008 10:35) Posted:

k1 VENTURES LIMITED - FULL YEAR 2008 REPORT CARD - 20 Aug 2008
1. PATMI* increased 175% to S$72.2 million from FY2007’s S$26.2 million.
2. EBITDA improved 66.9% to S$209.8 million compared to S$125.7 million in the previous year.

3. Earnings per share* of 3.37 cents, up 157.3% from FY2007’s 1.31 cents.

Total distribution of 8 cents per share for FY2008, comprising a final dividend of 5 cents and the interim dividend of 3 cents already paid.

(K1 has declared a cumulative distribution of 20 cents per share over the last 2 years, comprising the total distribution of 8 cents for FY2008, a capital distribution of 6 cents for FY2007 and 6 cents for FY2006.)

drsubaru,

Well, you should ask yourself......will you pay $2 for a $1 item cos the premium of $1 is made up of intangibles like the brand name (goodwill), reputation for good customer satisfaction, etc.

Also, how did this premium appear on their books?......did they overpay for for some of their acquisitions?

Then, also look at it fundamentally.....Is the 18c NAV giving reasonable returns?

I guess you have to dyodd (do your own due diligence).

With this info, what are your tots?

Seems to have strong Temasek and Keppy as substantial shareholders

shplayer ( Date: 01-Apr-2010 15:48) Posted:

Basically that is a quick snapshot of K1.

However, as of 2Q2010 (31 Dec09), NAV is 18c but NTA is 9c.....=> 50% of NAV is in Intangibles such as Goodwill, customer service etc.......Hence, current mkt price of 17c is a premium of 89% to NTA but 5.6% disc to NAV.

Personally, I will be concerned with the fact that the 'Intangibles' is valued as much as the NTA.

drsubaru ( Date: 01-Apr-2010 09:59) Posted:

Doing my own research on this stock

Their main holdings is in HELM, rail car leasing etc

It seems Education side making money

China Auto should give it some push in the medium term

The oil find is a dark horse, any comments on it?

Basically that is a quick snapshot of K1.

However, as of 2Q2010 (31 Dec09), NAV is 18c but NTA is 9c.....=> 50% of NAV is in Intangibles such as Goodwill, customer service etc.......Hence, current mkt price of 17c is a premium of 89% to NTA but 5.6% disc to NAV.

Personally, I will be concerned with the fact that the 'Intangibles' is valued as much as the NTA.

drsubaru ( Date: 01-Apr-2010 09:59) Posted:

Doing my own research on this stock

Their main holdings is in HELM, rail car leasing etc

It seems Education side making money

China Auto should give it some push in the medium term

The oil find is a dark horse, any comments on it?

Trading
Updated Time	19-Mar 12:00
Open	0.165	High	0.17	Low	0.165
Prev Close	0.165	Buy	-	Sell	-
Volume(K)	9660.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	0.19	52 Wk Low	0.12	52 Wk Avg Vol	3541.046
All Time High	0.445	All Time Low	0.115
Comments	No Info

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	26 Feb 2010	Financial Year	30 Jun 2009
Current Year Profit (After Tax) $'000,000	5.306	Previous Year Profit (After Tax) $'000,000	72.179
Net Asset Per Share	0.14	Turnover $'000,000	23.49
Current Year EPS (After Interest and Tax)	0.0	Previous Year EPS (After Interest and Tax)	0.03
PE Ratio (After Tax)	0.0	Times Covered	0.3
Price (at update time)	0.155	Dividend Yield	0.05

*Technical Analysis Information is updated Daily

Technicals
RSI	54.62	Williams %R	0.0
Comments (RSI)	No Info	Comments (W%R)	Overbought

S$0.160

What iS iTS Technical Analysis nOw?

see2eye ( Date: 21-Aug-2008 10:42) Posted:

Basing on the current trading price of 0.225 to 0.23, the full year divdient of 8 cents worked out to be 34.7% return. Of it, if approved, about 21.7% or 5 cents is paying out soon.

K1 seems to be a good buy.... even better than REIT for long-term investment.

see2eye ( Date: 21-Aug-2008 10:35) Posted:

k1 VENTURES LIMITED - FULL YEAR 2008 REPORT CARD - 20 Aug 2008
1. PATMI* increased 175% to S$72.2 million from FY2007’s S$26.2 million.
2. EBITDA improved 66.9% to S$209.8 million compared to S$125.7 million in the previous year.

3. Earnings per share* of 3.37 cents, up 157.3% from FY2007’s 1.31 cents.

Total distribution of 8 cents per share for FY2008, comprising a final dividend of 5 cents and the interim dividend of 3 cents already paid.

(K1 has declared a cumulative distribution of 20 cents per share over the last 2 years, comprising the total distribution of 8 cents for FY2008, a capital distribution of 6 cents for FY2007 and 6 cents for FY2006.)

They sold half of their stakes already liao,,,, now still got approx 2.4million shares.

K1 holds 2m+ shares of MMR.

Issued shares of K1 is 2.2B+ shares.

Hence dilution factor if any movement of MMR share price translated to K1 NAV is in the region of 1,100X.

Take this into consideration when figuring out the impact MMR share price to K1 NAV.

ozone2002 ( Date: 13-Jan-2010 15:31) Posted:

K1 venture's US subsidiary McMoRan, has struck gold in oil find..

BUY..

google McMoRan oil find..

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K1, result coming $$$119mil profit

http://sgxreports.blogspot.sg/2012/06/k1-ventures-limited.html