CWT   

CWT ONE FOR ONE BONUS

Any Good news?

 

Those still vested, haha laughing urh. Hold tight and let it fly. 

bishan22      ( Date: 29-Dec-2010 16:07) Posted: Took half off the table @ 0.995. Let others earn the upper band. Enough for me. Good luck.  bishan22      ( Date: 25-Nov-2010 10:34) Posted: cum at 0.915 yesterday. For mid to long term. Good luck

 

Took half off the table @ 0.995. Let others earn the upper band. Enough for me. Good luck. 

bishan22      ( Date: 25-Nov-2010 10:34) Posted: cum at 0.915 yesterday. For mid to long term. Good luck  rickyw      ( Date: 25-Nov-2010 10:32) Posted: lets grab this...   CWT: Acquires Aquarius Shipping International To Expand Commodity Logistics Business In Africa. 25 Nov 2010 09:47 CWT Limited announced that it has signed a conditional sale & purchase agreement to acquire a 60% stake in Aquarius Shipping International (Pty) Ltd through CWT Europe BV, the European arm of its wholly owned subsidiary, CWT Commodities Pte Ltd, in a strategic move to strengthen its commodity logistics capabilities and business network in the Africa region. Founded in 1997, ASI is a freight forwarding company providing shipping, warehousing, customs clearance and forwarding services globally, serving most of the world's major tobacco companies. It also works with a select group of commodity brokers and suppliers... More information available here.

 

CWT Limited announced that it had signed a conditional sale & purchase agreement to acquire a 60% stake in Aquarius Shipping International (Pty) Ltd (“ASI”) in a strategic move to strengthen its commodity logistics capabilities and business network in the Africa region. The Group will acquire a 60% equity stake in ASI by buying part vendor shares and part new shares of ASI for the following considerations:

a)  an upfront consideration of ZAR22.5m (or approximately S$4.35m) and

b)  an  earn-out  consideration  of  up  to ZAR7m  or S$1.32m,  payable  in  five  equal  instalments over  2011  to  2015,  upon  achievement  of  an  agreed  earnings  target  for  the  financial  year ending 31 Dec 2010,

c)  incentive payment payable to the existing management shareholders  for the initial five post acquisition  years  for  10%  of  profit  after  tax  in  excess  of  an  agreed  minimum  return  on investment for the respective years, d)  a proportionate contribution to the existing shareholders loan,

e)  an  agreed  exit  provision  for  the  existing  shareholders  after  the  fifth  year  post  acquisition; and

f) the existing management shareholders to sign a 5-year management contract with ASI. The valuation of ASI has taken into account the current net assets value of ZAR 6.9m, current earnings and the earnings potential of ASI.

Source: SGX Masnet 

/ 

 

Still can catch this baby before it is too late. 

 

cum at 0.915 yesterday. For mid to long term. Good luck 

rickyw      ( Date: 25-Nov-2010 10:32) Posted: lets grab this...   CWT: Acquires Aquarius Shipping International To Expand Commodity Logistics Business In Africa. 25 Nov 2010 09:47 CWT Limited announced that it has signed a conditional sale & purchase agreement to acquire a 60% stake in Aquarius Shipping International (Pty) Ltd through CWT Europe BV, the European arm of its wholly owned subsidiary, CWT Commodities Pte Ltd, in a strategic move to strengthen its commodity logistics capabilities and business network in the Africa region. Founded in 1997, ASI is a freight forwarding company providing shipping, warehousing, customs clearance and forwarding services globally, serving most of the world's major tobacco companies. It also works with a select group of commodity brokers and suppliers... More information available here.

 

lets grab this...

 

CWT: Acquires Aquarius Shipping International To Expand Commodity Logistics Business In Africa.

CWT Limited announced that it has signed a conditional sale & purchase agreement to acquire a 60% stake in Aquarius Shipping International (Pty) Ltd through CWT Europe BV, the European arm of its wholly owned subsidiary, CWT Commodities Pte Ltd, in a strategic move to strengthen its commodity logistics capabilities and business network in the Africa region. Founded in 1997, ASI is a freight forwarding company providing shipping, warehousing, customs clearance and forwarding services globally, serving most of the world's major tobacco companies. It also works with a select group of commodity brokers and suppliers...

More information available here. 

 

Re- enter at 0.945. 3rd cycle. Good luck.

bishan22      ( Date: 09-Sep-2010 12:32) Posted: Time to get out before it's too late.

 

Now is the time to buy at S$0.945 to S$0.95 !!! Read below :-

CWT enters into the financial services industry

• CWT Limited announced the formation of a new company, Straits Financial LLC, to clear futures

and derivatives trades for its clients. The company is in the process of applying for the relevant

licences with the National Futures Association and clearing memberships with the Chicago

Mercentile Exchange (CME) and the Chicago Board of Trade (CBOT).

• According to management, the new subsidiary provides an entry point for their foray into the

global futures marketplace and is a logical extension of its commodity logistics business.

• Since the beginning of this year, CWT has been talking about plans to expand its commodities

logistics business.

• Our analyst believes that there could be potential upstream acquisition targets in West Africa and

Indonesia.

• Prior to this, CWT also announced plans to extend its freight forwarding network in Asia Pacifc,

Europe and West Africa last week.

• It appears that CWT is actively boosting its commodities logistics services business.

• Our analyst believes that near term acquisition announcements are highly likely, as the freight

forwarding network expansion regions coincides with potential target acquisition areas.

• We currently have an Outperform recommendation with target price of S$1.12. 

kiatona      ( Date: 14-Oct-2010 23:27) Posted: @99cents, is it still a stock to buy?? any comments?

 

@99cents, is it still a stock to buy?? any comments?

 

Me too...holding it. Good chance for privatisation

Hulumas      ( Date: 07-Sep-2010 19:51) Posted: I hold this counter. happylee      ( Date: 05-Aug-2010 15:33) Posted: yeap...huat ai

 

Time to get out before it's too late. 

 

I hold this counter.

happylee      ( Date: 05-Aug-2010 15:33) Posted: yeap...huat ai

 

Took profit and run road liao @ 0.97. Can enjoy some high end mooncakes.  

 

Also watch out for CACHE  yield at 8.8 % where to find ! Accumulate now before it announces its first dividend

tonylim      ( Date: 06-Sep-2010 18:34) Posted: This is the leading logistic company and gives good dividend; should hit above $1 easily bishan22      ( Date: 06-Sep-2010 16:25) Posted: Huat liao. keke.

 

This is the leading logistic company and gives good dividend; should hit above $1 easily

bishan22      ( Date: 06-Sep-2010 16:25) Posted: Huat liao. keke.

 

Huat liao. keke.

 

Might be privatise !

 From Kim Eng report !!!

CWT is currently 53.5% owned by parent company C&P Holdings and related parties. C&P

is a privately‐held logistics company. With the entry of Cache REIT as a divestment platform, it

may now make sense for C&P Holdings to consolidate its business with CWT. Under this

scenario, it could seek to privatise CWT. We believe C&P has the resources for such an

undertaking, having received $268.2m for the divestment of four warehouses to Cache REIT in

May 2010. Even at a 30% premium to current share price, C&P would only need to pay $325m

for the remaining shareholdings. Furthermore, this amount will be offset by the estimated

$209m net cash position in CWT currently. Even after accounting for the recent special

dividend payout of $0.06/share, CWT is trading at just slightly above its estimated net tangible

value of $0.88/share, of which $0.35/share can be accounted for by net cash. Furthermore, CWT

is a profitable and growing business with a logistics footprint spanning Asia, Europe and

Africa. 

CWT is building two warehouses that are targeted for completion in 2011. This will put

further divestment profits into its deep pockets. We adjust our target price to $1.33 following the

special dividend payout, but maintain our BUY recommendation. Backed by highly tangible

value, we believe there is little downside to the current share price. 

 

 

yeap...huat ai