SUTL Enterprise    Last:0.7   -

4Cents divident declared 50% yield!!!

I felt the shame. The opportunity cost of holding this dog is just not worth it. Arthur Tay is doing nothing, probably already had a side deal and staying away. Waiting to sell and invest in other winners ....

 

Con job?

Hulumas      ( Date: 21-Dec-2010 19:32) Posted: I felt the same! melgo5      ( Date: 21-Dec-2010 14:50) Posted: This counter wasting time, cut long back!!!!

 

Ozone

any idea whats its TP? Tks

ozone2002      ( Date: 05-Jan-2011 09:16) Posted: top vol today..looking gd!

 

top vol today..looking gd!

 

I felt the same!

melgo5      ( Date: 21-Dec-2010 14:50) Posted: This counter wasting time, cut long back!!!! Hulumas      ( Date: 21-Dec-2010 14:48) Posted: Cut loss and change the counter, I am doing that

 

This counter wasting time, cut long back!!!!

Hulumas      ( Date: 21-Dec-2010 14:48) Posted: Cut loss and change the counter, I am doing that! lawcheemeng      ( Date: 21-Oct-2010 10:53) Posted: ................ARE YOU READY! for the change?

 

Cut loss and change the counter, I am doing that!

lawcheemeng      ( Date: 21-Oct-2010 10:53) Posted: ................ARE YOU READY! for the change?

 

these guys are very patient is all I can say.

lawcheemeng      ( Date: 08-Nov-2010 10:47) Posted: Ha ha ha.......last time hor loss money no profit guidance......why now have leh!....new management har!....hehehe.....why leh ? only go down to 9 cts ppl start to collect liao leh!....hehhe.......TUA TAO KAY....buy at 12.5cts lah.........want to lose $$ meh! chay!  die die must hold until it reaches 12.5cts.....hehehehe......my view only hor!

 

Ha ha ha.......last time hor loss money no profit guidance......why now have leh!....new management har!....hehehe.....why leh ? only go down to 9 cts ppl start to collect liao leh!....hehhe.......TUA TAO KAY....buy at 12.5cts lah.........want to lose $$ meh! chay!  die die must hold until it reaches 12.5cts.....hehehehe......my view only hor!

 

Hehehe........very care not to push to 10cts.....but to slowly eat up at 9.5cts.................

 

................ARE YOU READY! for the change?

 

they going to mop up all 10cts later ...wait for Q go up a bit more....heheheh....my guest only

 

eat up liao.....ssssssh did u heard....they going to pay D for you to go buy KFC leh.....hehehehe....( joking only hor..hehehe)

lawcheemeng      ( Date: 04-Oct-2010 11:10) Posted: looking like they going to eat up the 10cts liao lor........

 

looking like they going to eat up the 10cts liao lor........

 

oh! vic.. welcome back, can post some update on this one?? you are the pro on this achieva......i m all ears for this with you....hehehe....

victorian2      ( Date: 04-Oct-2010 00:20) Posted: What analyst report??? Can you quote? ozone2002      ( Date: 01-Oct-2010 09:19) Posted: saw analyst coverage on Achieva.. vested 1000 lots 9c good luck..

 

Achieva (ACH SP)        NOT RATED
Price: S$0.085        Mkt Cap: S$44m        Daily: Val US$0.5m        1-Yr Hi/Lo: S$0.12/0.07

Company Visit: Transformation At Work
Analyst: Jonathan Koh, CFA        Tel: (65) 6590 6620
Company background. Achieva's core business is marketing and distribution of hard disk drives (HDDs), memory chips and PC motherboards. Its major principals include Western Digital (internal and external HDDs), Intel (CPU), Sapphire (graphics cards), Foxconn (motherboards) and Asus (motherboards and graphics cards). It has operations in six countries, namely Singapore, Malaysia, Indonesia, Philippines, Vietnam and Australia.
Change of controlling shareholder. SUTL has become Achieva's largest shareholder after acquiring 121.5m shares from founder Henry Lim on 9 Dec 09. SUTL now owns a 25.0% stake in Achieva. Arthur Tay, Chairman & Group Managing Director of SUTL Group, has been appointed CEO of Achieva with effect from 1 May 2010. SUTL Group is a global distributor of consumer goods (FMCG – fast moving consumer goods). Products distributed by SUTL include wines & spirits, beer, mineral water, beverages, tobacco products, confectionery, fragrances and cosmetics. SUTL plays an important role to help international brands establish their presence in emerging markets such as Cambodia, Laos, Myanmar, Vietnam, Mongolia and North Korea.
Restructuring and cleaning up. Achieva has restructured its businesses over the past two years. It sold its component business to Arrow Electronics for US$51.5m, reaping gain of S$27.4m in 2008. It has terminated distributor agreement with Seagate. Achieva is currently a strategic partner and focuses on distributing Western Digital’s HDDs. Achieva has cleaned up by closing various dormant subsidiaries in Singapore, Malaysia and Australia.
Metamorphosis – creating the new Achieva. We believe SUTL could inject some or all of its consumer businesses into Achieva. There are positive synergies as the same distribution and logistics infrastructure across the region could be utilised for both SUTL’s consumer products and Achieva’s IT products. The transaction could be completed in two stages given the size of SUTL’s diverse range of businesses.
Focus on own brands. Achieva plans to expand its product portfolio in the lifestyle IT sector. It sells own-brand products Ovation for external HDDs and Astone for media players and netbooks. It plans to develop a strong retail presence by opening vendor-branded retail stores in developed markets and own-brand retail stores in emerging markets.
Latest 1H10 results. Achieva made losses of S$0.3m in 1H10. Gross margin was only 7.0% as distribution of IT products is a competitive business. It will continue to exercise tighter cost control to improve financial performance. Investors shouldn’t focus on losses from existing businesses as Achieva is in the midst of transformation into a totally different company.
Healthy balance sheet. Achieva is debt free and current cash & bank balances is S$34.3m. Its net cash/share was 3.1 cents as at Jun 10. The stock trades at P/B of only 0.93x.

 

i tryin to collect cheap 1st..haha..

 

 

What analyst report??? Can you quote?

ozone2002      ( Date: 01-Oct-2010 09:19) Posted: saw analyst coverage on Achieva.. vested 1000 lots 9c good luck..

 

contnuing that post.......hehehe........the script is unfolding..........corporate move plan 2 to 3 yrs ahead...that why ikan belis always died first....heheheh.........rather alot of us do not have the $$$...to hold............in today corporate world very very very few companies.....really ........................as WB....said take care of  all ....shareholders  

victorian2      ( Date: 24-May-2009 15:06) Posted: I'm not confident, I'm just logical about it but will also do my homework. Helps that  i have good friends in corporate finance, advisory,legal  and acountants to help me verify what I think.  As to the discount, I'm not sure but there would defintely be a discount if a rights share offering is to take place.. this is many many months down the road. There are enough rights issue case studies to see how the underlyiing share price remains high for a discount to happen. Timing wise, it is also unknown.. hence it is very very difficult for retail investors to understand or to appreciate the corporate finance aspects of what is going on and if in doubt but yet want to profit from the account in the medim term or long term of 1 to 2yrs respectively, just use cash u know you don't need and get paid a 40% yield... u can't go wrong with it. Hey.. beats the hell out of any minibond right????No redemption charges or clause of catastrophic events. : ))

 

another Good one...also from vic...hehehe mmm wonder where is he????

victorian2      ( Date: 23-May-2009 23:59) Posted: would like to stir people away to thinking out of the box...... Look at the resolutions passed at the AGM..... rights share issue at 1 for 1 was approved by shareholders........ New major shareholder is in town......silent takeover then follow by injection of new business. Not a small one.. but rather big size. Look at Wilmar history,, it pays to dig a bit of history and then understand the cor-porate play on this one.... a. chances are, share price will stay within 12c to 14c prior to ex-div.. that's about it. b. during the 3 weeks before payout.. ZERO PLAY ON counter and accumulation continues c. thereafter payout, next play comes in Objective is very simple... buy up as much free float in the open market as possible to coner the shares. in the months to come, coy will pay out another 2-3cents divident in the 2nd quarter in 4 mths time....coy has less cash in the bank by then but underlying biz is still profitable and cashflow positive.. so payout is justified. Then , new share issue to a new party comes in.... Right issues comes in too to with jusrtification of new biz to be bought ------------------------- the sharesale of executive director is not conincidental.. it is a lot but strategic... buyer  has mopped it up already... For me, I'm buying more as my average cost is very low.... my bulk of my purhcases is 4.5 to 7c so 9cents is ok... after ex-div... am on par... I'm going for the big ride..... look at wilmar's pre-history as an example.