Post Reply
21-24 of 24
It's time..... BHGlobal Time.... vested
Yes. Agree. This is a GEM. But may not be undervalued.
POEM's TP is 0.85.
The future is still bright as it is riding on oil and gas boom which will at least last for another 3-5 years.
Cheers!
An undervalued gem.
I can't find BH global tread, so im starting this.
BH Global ranks amongst Forbes Asia 200
-Amongst best 200 Asia Pacific companies with under US$1 billion
turnover
-Selected from a list of 22,500 listed companies in Asia Pacific
-Three-year average ROE of 33% and EPS growth of 53%
Singapore, 21 Sep 2007 BH Global Marine Limited
明辉环球海事, a supply chain management company specialising in premium
lightings, cables and electrical equipments for the marine and oil & gas industries,
has been selected by Forbes Asia to be amongst 200 Best Companies Under a
Billion in Asia Pacific in 2007.
These 200 companies are regarded as the most successful smaller public
companies in Asia and the Pacific. In all, the annual Forbes Asia?s ?Best Under a
Billion? list drew over 22,500 listed companies in the Asia Pacific region.
To make it to the list, companies must first have revenues under US$1 billion a year
and five-year returns on capital of at least 5 per cent. The companies are then
judged by sustained gains in sales, return on equity and earnings.
BH Global has a three-year average return on equity (?ROE?) of 33% and three-year
average earnings per share (?EPS?) growth of 53%.
The Group is poised to continue its stellar growth in FY2007. In its 1H2007 results
announced in July this year, the Group recorded a 59% increase (compared to
1H2006) in net profit and an ROE (Annualized) of 40% on the back of the buoyant
marine and offshore market as well as increased supply chain management
capabilities. In September 2007, the Group also announced plans to purchase a
property that would more than double its total land area.
Mr Vincent Lim, Managing Director of BH Global commented, We are proud to be
acknowledged by an internationally renowned organization such as Forbes Asia.
This is recognition that our hard work has not gone unnoticed. Going forward, we will
continue to focus on increasing our supply chain capabilities as well as expanding
regionally. We will strive for further growth and bring value to our customers as well
as our loyal shareholders.
An undervalued gem.
I can't find BH global tread, so im starting this.
BH Global ranks amongst Forbes Asia 200
-Amongst best 200 Asia Pacific companies with under US$1 billion
turnover
-Selected from a list of 22,500 listed companies in Asia Pacific
-Three-year average ROE of 33% and EPS growth of 53%
Singapore, 21 Sep 2007 ? BH Global Marine Limited (?BH Global?
，
?
明辉环球海事
? or the ?Group?), a supply chain management company specialising in premium
lightings, cables and electrical equipments for the marine and oil & gas industries,
has been selected by Forbes Asia to be amongst ?200 Best Companies Under a
Billion? in Asia Pacific in 2007.
These 200 companies are regarded as the most successful smaller public
companies in Asia and the Pacific. In all, the annual Forbes Asia?s ?Best Under a
Billion? list drew over 22,500 listed companies in the Asia Pacific region.
To make it to the list, companies must first have revenues under US$1 billion a year
and five-year returns on capital of at least 5 per cent. The companies are then
judged by sustained gains in sales, return on equity and earnings.
BH Global has a three-year average return on equity (?ROE?) of 33% and three-year
average earnings per share (?EPS?) growth of 53%.
The Group is poised to continue its stellar growth in FY2007. In its 1H2007 results
announced in July this year, the Group recorded a 59% increase (compared to
1H2006) in net profit and an ROE (Annualized) of 40% on the back of the buoyant
marine and offshore market as well as increased supply chain management
capabilities. In September 2007, the Group also announced plans to purchase a
property that would more than double its total land area.
Mr Vincent Lim, Managing Director of BH Global commented, ?We are proud to be
acknowledged by an internationally renowned organization such as Forbes Asia.
This is recognition that our hard work has not gone unnoticed. Going forward, we will
continue to focus on increasing our supply chain capabilities as well as expanding
regionally. We will strive for further growth and bring value to our customers as well
as our loyal shareholders.?