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Because I think I still have a few lots not sold yet.   Haha.
upnowhere ( Date: 28-Mar-2011 10:09) Posted:
This company make $$$ quarter to quarter... why the price stuck..and didnt move at all.. ? |
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Be aware of this counter.. look like a turning point soon cheer...
Previouly lost too muh money !
This company make $$$ quarter to quarter... why the price stuck..and didnt move at all.. ?
yup! that's the fun of it! merry xmas all!
jonasljk ( Date: 24-Dec-2010 02:26) Posted:
haha well i'm not going to discuss more, different people have different views about all stocks. lets just let the market decide :)
ic1990 ( Date: 23-Dec-2010 21:37) Posted:
wow. someone's touchy.
still, LTD is 47 mil, Short term debt is 14 mil.
47-40= 7 mil remaining.
short term debt repayable within 1 yr is 14 mil. 1 year FLH earns like what? 7 mil?
every year cash flow decrease. PER still 25.
but i respect you. putting serious money where your mouth is.
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haha well i'm not going to discuss more, different people have different views about all stocks. lets just let the market decide :)
ic1990 ( Date: 23-Dec-2010 21:37) Posted:
wow. someone's touchy.
still, LTD is 47 mil, Short term debt is 14 mil.
47-40= 7 mil remaining.
short term debt repayable within 1 yr is 14 mil. 1 year FLH earns like what? 7 mil?
every year cash flow decrease. PER still 25.
but i respect you. putting serious money where your mouth is.
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wow. someone's touchy.
still, LTD is 47 mil, Short term debt is 14 mil.
47-40= 7 mil remaining.
short term debt repayable within 1 yr is 14 mil. 1 year FLH earns like what? 7 mil?
every year cash flow decrease. PER still 25.
but i respect you. putting serious money where your mouth is.
400 * 0.07
28K leh.
jonasljk ( Date: 23-Dec-2010 18:05) Posted:
i just bought 400 lots. i did an analysis on the stock, read through the
annual report, did some calculations. the company is currently sitting
on cash of about 5.5 cents a share. PURE cash is received from the sale
of properties to sabana (so pls dont say cash dont exist or what crap,
this is not a china company). so if u buy at 7 cents, effectively, you
are paying 1.5 cents for the business. gain from sale of property
(excess of sale amount over book value = 95 million) will be recognised
across 5 years which is the leaseback period according to FRS leases. so
there will be a 20 million excess profits recognised for each of the
next five years. each quarter will be 5 million. This will bring the
annualised EPS for the next FY to be 1.1 cents. forward PE ratio will be
approximately 6-7x based on share price of 7 cents, superbly
undervalued compared to other logistic providers. Next up, company
bought 27 million sabana units. this will bring in approximately 2
million for the company according to 8% yield of sabana. Freightlinks
also has a 51% in the REIT and Property manager of sabana, management
fees will probably around 1-2 million (not too sure about this). so
altogether this will bring in about 2-3 million income for the company. about
40 million of debts are repaid using the proceeds of the sale, company
will have no interest obligations in the next period thus increased
income again. after everything, company still has extra 120
million cash out of 196 million sale proceeds (after buying sabana units
and repaying debt). they said they wanna invest in more properties, and
dunno do what, but lets just say they try to obtain a return a 8%
return on the cash, thats about 9.6 million extra income each year. NEGATIVE: company will have to pay rental to sabana of about 8 percent per year. thats about 15 million a year. So my guess is: increased income for next period is about 20+3-2+9.6-15= $15.6million Companies usual income through operations is about 4 million a year. So next year profit will jump 400 percent. Dividend:
company has a history to pay generous dividend when it earns money. For
e.g just a few months ago, because they made money, they gave a 0.35
cents dividend, thats 5%! assuming they dont know what to do with the
excess cash they have, and because the CEO has a 50 percent stake, i
would guess he would strongly encourage a dividend payout to reward
shareholders. if they pay out 50% of the excess cash of 120 million (im
very optimistic here haha), thats about 2.7 cents per share. dividend
yield will be 40%!! ok lah thats not v possible but even if they pay out
10%, thats good enough. Conclusion: I LOVE THIS STOCK HAHAHA. will post a more detailed analysis soon, need to prepare to go for my studies in US
jonasljk ( Date: 23-Dec-2010 13:04) Posted:
i just bought 400 lots. i did an analysis on the stock, read through the annual report, did some calculations. the company is currently sitting on cash of about 5.5 cents a share. PURE cash is received from the sale of properties to sabana (so pls dont say cash dont exist or what crap, this is not a china company). so if u buy at 7 cents, effectively, you are paying 1.5 cents for the business. gain from sale of property (excess of sale amount over book value = 95 million) will be recognised across 5 years which is the leaseback period according to FRS leases. so there will be a 20 million excess profits recognised for each of the next five years. each quarter will be 5 million. This will bring the annualised EPS for the next FY to be 1.1 cents. forward PE ratio will be approximately 6-7x based on share price of 7 cents, superbly undervalued compared to other logistic providers. Next up, company bought 27 million sabana units. this will bring in approximately 2 million for the company according to 8% yield of sabana. Freightlinks also has a 51% in the REIT and Property manager of sabana, management fees will probably around 1-2 million (not too sure about this). so altogether this will bring in about 2-3 million income for the company. about 40 million of debts are repaid using the proceeds of the sale, company will have no interest obligations in the next period thus increased income again. after everything, company still has extra 120 million cash out of 196 million sale proceeds (after buying sabana units and repaying debt). they said they wanna invest in more properties, and dunno do what, but lets just say they try to obtain a return a 8% return on the cash, thats about 9.6 million extra income each year. NEGATIVE: company will have to pay rental to sabana of about 8 percent per year. thats about 15 million a year. So my guess is: increased income for next period is about 20+3-2+9.6-15= $15.6million Companies usual income through operations is about 4 million a year. So next year profit will jump 400 percent. Dividend: company has a history to pay generous dividend when it earns money. For e.g just a few months ago, because they made money, they gave a 0.35 cents dividend, thats 5%! assuming they dont know what to do with the excess cash they have, and because the CEO has a 50 percent stake, i would guess he would strongly encourage a dividend payout to reward shareholders. if they pay out 50% of the excess cash of 120 million (im very optimistic here haha), thats about 2.7 cents per share. dividend yield will be 40%!! ok lah thats not v possible but even if they pay out 10%, thats good enough. Conclusion: I LOVE THIS STOCK HAHAHA. will post a more detailed analysis soon, need to prepare to go for my studies in US
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i just bought 400 lots. i did an analysis on the stock, read through the
annual report, did some calculations. the company is currently sitting
on cash of about 5.5 cents a share. PURE cash is received from the sale
of properties to sabana (so pls dont say cash dont exist or what crap,
this is not a china company). so if u buy at 7 cents, effectively, you
are paying 1.5 cents for the business.
gain from sale of property
(excess of sale amount over book value = 95 million) will be recognised
across 5 years which is the leaseback period according to FRS leases. so
there will be a 20 million excess profits recognised for each of the
next five years. each quarter will be 5 million. This will bring the
annualised EPS for the next FY to be 1.1 cents. forward PE ratio will be
approximately 6-7x based on share price of 7 cents, superbly
undervalued compared to other logistic providers.
Next up, company
bought 27 million sabana units. this will bring in approximately 2
million for the company according to 8% yield of sabana. Freightlinks
also has a 51% in the REIT and Property manager of sabana, management
fees will probably around 1-2 million (not too sure about this). so
altogether this will bring in about 2-3 million income for the company.
about
40 million of debts are repaid using the proceeds of the sale, company
will have no interest obligations in the next period thus increased
income again.
after everything, company still has extra 120
million cash out of 196 million sale proceeds (after buying sabana units
and repaying debt). they said they wanna invest in more properties, and
dunno do what, but lets just say they try to obtain a return a 8%
return on the cash, thats about 9.6 million extra income each year.
NEGATIVE: company will have to pay rental to sabana of about 8 percent per year. thats about 15 million a year.
So my guess is: increased income for next period is about 20+3-2+9.6-15= $15.6million
Companies usual income through operations is about 4 million a year. So next year profit will jump 400 percent.
Dividend:
company has a history to pay generous dividend when it earns money. For
e.g just a few months ago, because they made money, they gave a 0.35
cents dividend, thats 5%! assuming they dont know what to do with the
excess cash they have, and because the CEO has a 50 percent stake, i
would guess he would strongly encourage a dividend payout to reward
shareholders. if they pay out 50% of the excess cash of 120 million (im
very optimistic here haha), thats about 2.7 cents per share. dividend
yield will be 40%!! ok lah thats not v possible but even if they pay out
10%, thats good enough.
Conclusion: I LOVE THIS STOCK HAHAHA. will post a more detailed analysis soon, need to prepare to go for my studies in US
jonasljk ( Date: 23-Dec-2010 13:04) Posted:
i just bought 400 lots. i did an analysis on the stock, read through the annual report, did some calculations. the company is currently sitting on cash of about 5.5 cents a share. PURE cash is received from the sale of properties to sabana (so pls dont say cash dont exist or what crap, this is not a china company). so if u buy at 7 cents, effectively, you are paying 1.5 cents for the business. gain from sale of property (excess of sale amount over book value = 95 million) will be recognised across 5 years which is the leaseback period according to FRS leases. so there will be a 20 million excess profits recognised for each of the next five years. each quarter will be 5 million. This will bring the annualised EPS for the next FY to be 1.1 cents. forward PE ratio will be approximately 6-7x based on share price of 7 cents, superbly undervalued compared to other logistic providers. Next up, company bought 27 million sabana units. this will bring in approximately 2 million for the company according to 8% yield of sabana. Freightlinks also has a 51% in the REIT and Property manager of sabana, management fees will probably around 1-2 million (not too sure about this). so altogether this will bring in about 2-3 million income for the company. about 40 million of debts are repaid using the proceeds of the sale, company will have no interest obligations in the next period thus increased income again. after everything, company still has extra 120 million cash out of 196 million sale proceeds (after buying sabana units and repaying debt). they said they wanna invest in more properties, and dunno do what, but lets just say they try to obtain a return a 8% return on the cash, thats about 9.6 million extra income each year. NEGATIVE: company will have to pay rental to sabana of about 8 percent per year. thats about 15 million a year. So my guess is: increased income for next period is about 20+3-2+9.6-15= $15.6million Companies usual income through operations is about 4 million a year. So next year profit will jump 400 percent. Dividend: company has a history to pay generous dividend when it earns money. For e.g just a few months ago, because they made money, they gave a 0.35 cents dividend, thats 5%! assuming they dont know what to do with the excess cash they have, and because the CEO has a 50 percent stake, i would guess he would strongly encourage a dividend payout to reward shareholders. if they pay out 50% of the excess cash of 120 million (im very optimistic here haha), thats about 2.7 cents per share. dividend yield will be 40%!! ok lah thats not v possible but even if they pay out 10%, thats good enough. Conclusion: I LOVE THIS STOCK HAHAHA. will post a more detailed analysis soon, need to prepare to go for my studies in US
epliew ( Date: 22-Dec-2010 20:04) Posted:
get out quickly get out.... korean war starts.... u will get nothing |
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i think u either cannot read properly, or didnt bother to read before replying. freightlinks debt position as of the sale of their properties is 0. go read the financial statements with the latest announcement regarding the sale then come here and post can?
ic1990 ( Date: 23-Dec-2010 16:43) Posted:
i respectfully disagree with jonasljk about the value of this company.
There are many question marks regarding it
1.) Debt Issue
FLH has 6 month profit of 3.2 mil, but Long term debt is in excess of 47 mil AND repayable debt withink 1 year is 14 million. how is it going to pay for it's bank loans?
2.) Cash Flow issue
It has been losing money for every quarter since 2009. even worse, this quarter it's cash flwo from operating activities is NEGATIVE. not to mention grand total cash flow is becoming lower and lower.
3.) PE Ratio
Using results from 1Q 2011, it's annualised EPS is 0.30 cents, and current price is 7.5c. this translates to PE Ratio of 24.7.
IMHO this is a junk stock.
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i respectfully disagree with jonasljk about the value of this company.
There are many question marks regarding it
1.) Debt Issue
FLH has 6 month profit of 3.2 mil, but Long term debt is in excess of 47 mil AND repayable debt withink 1 year is 14 million. how is it going to pay for it's bank loans?
2.) Cash Flow issue
It has been losing money for every quarter since 2009. even worse, this quarter it's cash flwo from operating activities is NEGATIVE. not to mention grand total cash flow is becoming lower and lower.
3.) PE Ratio
Using results from 1Q 2011, it's annualised EPS is 0.30 cents, and current price is 7.5c. this translates to PE Ratio of 24.7.
IMHO this is a junk stock.
Korean WAR does not mean stock market CRASH !
epliew ( Date: 22-Dec-2010 20:04) Posted:
get out quickly get out.... korean war starts.... u will get nothing.
watercrests ( Date: 22-Dec-2010 17:11) Posted:
I dunno how many is stuck in this counter, but I AM!!! Anyone out there to share info/view? |
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i just bought 400 lots. i did an analysis on the stock, read through the annual report, did some calculations. the company is currently sitting on cash of about 5.5 cents a share. PURE cash is received from the sale of properties to sabana (so pls dont say cash dont exist or what crap, this is not a china company). so if u buy at 7 cents, effectively, you are paying 1.5 cents for the business.
gain from sale of property (excess of sale amount over book value = 95 million) will be recognised across 5 years which is the leaseback period according to FRS leases. so there will be a 20 million excess profits recognised for each of the next five years. each quarter will be 5 million. This will bring the annualised EPS for the next FY to be 1.1 cents. forward PE ratio will be approximately 6-7x based on share price of 7 cents, superbly undervalued compared to other logistic providers.
Next up, company bought 27 million sabana units. this will bring in approximately 2 million for the company according to 8% yield of sabana. Freightlinks also has a 51% in the REIT and Property manager of sabana, management fees will probably around 1-2 million (not too sure about this). so altogether this will bring in about 2-3 million income for the company.
about 40 million of debts are repaid using the proceeds of the sale, company will have no interest obligations in the next period thus increased income again.
after everything, company still has extra 120 million cash out of 196 million sale proceeds (after buying sabana units and repaying debt). they said they wanna invest in more properties, and dunno do what, but lets just say they try to obtain a return a 8% return on the cash, thats about 9.6 million extra income each year.
NEGATIVE: company will have to pay rental to sabana of about 8 percent per year. thats about 15 million a year.
So my guess is: increased income for next period is about 20+3-2+9.6-15= $15.6million
Companies usual income through operations is about 4 million a year. So next year profit will jump 400 percent.
Dividend: company has a history to pay generous dividend when it earns money. For e.g just a few months ago, because they made money, they gave a 0.35 cents dividend, thats 5%! assuming they dont know what to do with the excess cash they have, and because the CEO has a 50 percent stake, i would guess he would strongly encourage a dividend payout to reward shareholders. if they pay out 50% of the excess cash of 120 million (im very optimistic here haha), thats about 2.7 cents per share. dividend yield will be 40%!! ok lah thats not v possible but even if they pay out 10%, thats good enough.
Conclusion: I LOVE THIS STOCK HAHAHA. will post a more detailed analysis soon, need to prepare to go for my studies in US
epliew ( Date: 22-Dec-2010 20:04) Posted:
get out quickly get out.... korean war starts.... u will get nothing.
watercrests ( Date: 22-Dec-2010 17:11) Posted:
I dunno how many is stuck in this counter, but I AM!!! Anyone out there to share info/view? |
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Sabana Reit have already launch the IPO...no more gd news from them already. Rating: Sell
get out quickly get out.... korean war starts.... u will get nothing.
watercrests ( Date: 22-Dec-2010 17:11) Posted:
I dunno how many is stuck in this counter, but I AM!!! Anyone out there to share info/view?
upnowhere ( Date: 22-Dec-2010 16:00) Posted:
What has happened to this counter into sleep again |
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I dunno how many is stuck in this counter, but I AM!!!
Anyone out there to share info/view?
upnowhere ( Date: 22-Dec-2010 16:00) Posted:
What has happened to this counter into sleep again |
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What has happened to this counter into sleep again
coming soon..
Flyordie ( Date: 08-Nov-2010 23:13) Posted:
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