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Sorry guys - the comment was supposedly meant for Ezra :) post wrong thread but the problem about this forum is that " IT DOES NOT allow EDIT when there are mistake you must live with it :)
The comment is supposedly for EZRA...but made a mistake - once click - no uturn already sorry.
BUT MDR looks like up and coming star. I just grab some and put in the safe for 3 years than take out. :) LONG it.
moneycow ( Date: 22-Mar-2012 11:06) Posted:
Seem like this burger got " hack care" attitude" . When the market was very good in the last week, it fall or hardly move for days....when the market is bad. It want to go up, it doesn't look left or right. Market condition doesn't hampers its movement it seem that way so far... don't expect it to fly on a good market......and also don't expect ti to fall on a bad one... it have the trenght and regardless of market , if it wants to move it just move forward and left all else behind. If you have observed...it...now it is strong.. so it should positive and good.
serene ( Date: 22-Mar-2012 10:34) Posted:
| Very glad for those who've invested in this gem. Already a multi-bagger today for those who bot, and subscribe to the rights with the warrants. With the BT report (many thanks to gufeng), I'm sure it will ignite greater interest, and propel it to greater heights. Huat-ah! |
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Seem like this burger got " hack care" attitude" . When the market was very good in the last week, it fall or hardly move for days....when the market is bad. It want to go up, it doesn't look left or right. Market condition doesn't hampers its movement it seem that way so far... don't expect it to fly on a good market......and also don't expect ti to fall on a bad one... it have the trenght and regardless of market , if it wants to move it just move forward and left all else behind. If you have observed...it...now it is strong.. so it should positive and good.
serene ( Date: 22-Mar-2012 10:34) Posted:
| Very glad for those who've invested in this gem. Already a multi-bagger today for those who bot, and subscribe to the rights with the warrants. With the BT report (many thanks to gufeng), I'm sure it will ignite greater interest, and propel it to greater heights. Huat-ah! |
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Certainly look bubble hot. for BBs, 225,000,000 million shr changed hands after 2hr of trading.
Shr remain unchanged after picking up 10% profit yesterday.
One BBs here throwing (selling) another is picking up (buying).
mmm..u got at 1c yday?
I think i will wait a bit for 1c to come, since I already have some.
yummygd ( Date: 22-Mar-2012 10:46) Posted:
im q-in at 0.011 .bought some yesterday. hope can get somemore.
bryancbq ( Date: 22-Mar-2012 10:30) Posted:
| don''t know whether price will still come down a little for me to accumulate more anot. hmmm. should wait for 1c |
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haha. thanks serene for giving the shout since it was < 0.5c as well! I only got in at around 0.9c though. hopefully the company will make a comeback with a bang!
This quarter is their lousy quarter historically, so report might not turn out pretty. wonder if that will provide a chance to accumulate more.
What's your tp serene?
serene ( Date: 22-Mar-2012 10:34) Posted:
| Very glad for those who've invested in this gem. Already a multi-bagger today for those who bot, and subscribe to the rights with the warrants. With the BT report (many thanks to gufeng), I'm sure it will ignite greater interest, and propel it to greater heights. Huat-ah! |
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im q-in at 0.011 .bought some yesterday. hope can get somemore.
bryancbq ( Date: 22-Mar-2012 10:30) Posted:
| don''t know whether price will still come down a little for me to accumulate more anot. hmmm. should wait for 1c |
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Very glad for those who've invested in this gem. Already a multi-bagger today for those who bot, and subscribe to the rights with the warrants. With the BT report (many thanks to gufeng), I'm sure it will ignite greater interest, and propel it to greater heights. Huat-ah!
don''t know whether price will still come down a little for me to accumulate more anot. hmmm. should wait for 1c
" Last year, it repaid all $55 million owed to its bankers and retired some $12 million of loan-stock overhang. It is now sitting on almost $16 million in cash and has no debt."
That is really quite impressive.
$65 million dollar cash - paid up their debts. Maybe now should quickly buy back their own shares when its low price. Can reduce quite a lot of float share when buy back and cancel them.
Than future EPS will increase so as the NTA..
Looks impressive. Its the coming back kid sort of progress it look that way at least in paper.
The actual process is torturing must be at least for Mr.Eng.
Published March 21, 2012
MDR a gem among the penny stocks
By VEN SREENIVASAN ..................................
quote the last line " On paper at least, the odds seem good."
Mr Phillip Eng is definitely one very solid guy..let the market speaks for himself......
From Germ to Gem !
" Mr Eng is not content overseeing a smallish telecommunications equipment player delivering thin margins. If he clinches an earnings-acquisitive business, it could double the company's topline from $360 million now. In such cases, economies of scale can deliver a
four-fold boost to the bottomline.
Given how he helped boost the value of C& C's stake in Astra
27-fold, this is not beyond Mr Eng's capabilities.
There are about 30 so-called 'micro-penny' stocks floating around on the Singapore Exchange. But market insiders who follow the company say
few can boast its growth trajectory and potential. They note that at 7.5 times earnings, it is trading at around
half the market's valuation."
gufeng ( Date: 22-Mar-2012 08:34) Posted:
http://www.businesstimes.com.sg/sub/...82773,00.html?
Published March 21, 2012
MDR a gem among the penny stocks
By VEN SREENIVASAN
THE unfolding market recovery has stirred up significant interest in penny stocks, mainly because of their potential to deliver higher percentage returns.
The danger is that, in their chase for quick profits, punters often overlook the fundamentals. Many of these companies have fragile balance sheets and vulnerable businesses.
That said, there are some potential gems out there.
One which has caught the market's fancy lately is mobile telephony services player, MDR (short for Mobile Doctor).
MDR rose from the ashes of Accord Customer Care Solutions or ACCS, which became embroiled in a major accounting scandal that ultimately led to the prosecution of key company officials. That was more than six years ago.
What a difference those years have made.
Following a massive restructuring, the company's fortunes have been revived under the chairmanship of former Cycle & Carriage (C& C) managing director Philip Eng.
Mr Eng took over the stewardship of the company in late-2005 at the height of the ACCS crisis, and was joined by a capable management team led by CEO Ong Ghim Choon and chief financial officer Doris Wee in 2009. Together, they have rebuilt the business, strengthened its balance sheet and nursed it back to profitability.
Last month, MDR unveiled its ninth consecutive quarter of profits. The latest set of results boosted its full-year earnings to $7.6 million from $3.8 million in FY2010. MDR also declared its maiden dividend payout of $2.1 million, which works out to 0.033 cents a share.
Perhaps not surprisingly, the shares of the company have doubled in value this year, while its in-the-money warrants, which expire in September 2014, have quadrupled in price.
But the company's upward trajectory seems to have convinced some seasoned corporate players.
Keppel Land CEO Kevin Wong has steadily accumulated almost one billion shares, giving him a 15 per cent stake in the company. Mr Eng himself last week converted some 2.4 million share options and 45 million warrants.
By any account, MDR has chalked up a remarkable comeback for a company that was written off and left for dead in 2005.
A lot of the credit should go to Mr Eng.
Instead of continuing to focus only on after-market services, he broadened MDR's footprint into franchised distribution and retail services. Today, it is a platinum retailer for M1 and SingTel.
Last month, after unveiling the company's full-year results, Mr Eng declared that MDR would boost its business footprint and bottomline through acquisitions of more earnings-accretive businesses. He appears to be counting on its strong balance sheet and conversions of its in-the-money warrants to finance acquisitions.
Indeed, MDR has to look beyond a business which yields a paltry 2.5 per cent margin. It needs to acquire a business which can deliver a quantum leap to its topline and margins.
Fortunately, the company appears to have the financial wherewithal to do this.
Last year, it repaid all $55 million owed to its bankers and retired some $12 million of loan-stock overhang. It is now sitting on almost $16 million in cash and has no debt.
If anyone can execute an ambitious business re-engineering plan, it has to be Mr Eng.
After all, as MD of C& C in 2000, he engineered the purchase of a 31 per cent stake in Indonesia's Astra International for a princely sum of US$296 million. By 2005, Astra had become C& C's subsidiary after the Singapore company raised its stake to 50.5 per cent. Today, its Astra stake is worth about S$20.8 billion, and the Indonesian business contributes to 90 per cent of the restructured Jardine C& C's earnings and accounts for 95 per cent of its market value.
Mr Eng is not content overseeing a smallish telecommunications equipment player delivering thin margins. If he clinches an earnings-acquisitive business, it could double the company's topline from $360 million now. In such cases, economies of scale can deliver a four-fold boost to the bottomline.
Given how he helped boost the value of C& C's stake in Astra 27-fold, this is not beyond Mr Eng's capabilities.
There are about 30 so-called 'micro-penny' stocks floating around on the Singapore Exchange. But market insiders who follow the company say few can boast its growth trajectory and potential. They note that at 7.5 times earnings, it is trading at around half the market's valuation.
If anything, the recent surge in interest in this stock seems to be based on the reckoning that a slight earnings boost will translate into a 'multi-bagger' gain.
On paper at least, the odds seem good.
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http://www.businesstimes.com.sg/sub/...82773,00.html?
Published March 21, 2012
MDR a gem among the penny stocks
By VEN SREENIVASAN
THE unfolding market recovery has stirred up significant interest in penny stocks, mainly because of their potential to deliver higher percentage returns.
The danger is that, in their chase for quick profits, punters often overlook the fundamentals. Many of these companies have fragile balance sheets and vulnerable businesses.
That said, there are some potential gems out there.
One which has caught the market's fancy lately is mobile telephony services player, MDR (short for Mobile Doctor).
MDR rose from the ashes of Accord Customer Care Solutions or ACCS, which became embroiled in a major accounting scandal that ultimately led to the prosecution of key company officials. That was more than six years ago.
What a difference those years have made.
Following a massive restructuring, the company's fortunes have been revived under the chairmanship of former Cycle & Carriage (C& C) managing director Philip Eng.
Mr Eng took over the stewardship of the company in late-2005 at the height of the ACCS crisis, and was joined by a capable management team led by CEO Ong Ghim Choon and chief financial officer Doris Wee in 2009. Together, they have rebuilt the business, strengthened its balance sheet and nursed it back to profitability.
Last month, MDR unveiled its ninth consecutive quarter of profits. The latest set of results boosted its full-year earnings to $7.6 million from $3.8 million in FY2010. MDR also declared its maiden dividend payout of $2.1 million, which works out to 0.033 cents a share.
Perhaps not surprisingly, the shares of the company have doubled in value this year, while its in-the-money warrants, which expire in September 2014, have quadrupled in price.
But the company's upward trajectory seems to have convinced some seasoned corporate players.
Keppel Land CEO Kevin Wong has steadily accumulated almost one billion shares, giving him a 15 per cent stake in the company. Mr Eng himself last week converted some 2.4 million share options and 45 million warrants.
By any account, MDR has chalked up a remarkable comeback for a company that was written off and left for dead in 2005.
A lot of the credit should go to Mr Eng.
Instead of continuing to focus only on after-market services, he broadened MDR's footprint into franchised distribution and retail services. Today, it is a platinum retailer for M1 and SingTel.
Last month, after unveiling the company's full-year results, Mr Eng declared that MDR would boost its business footprint and bottomline through acquisitions of more earnings-accretive businesses. He appears to be counting on its strong balance sheet and conversions of its in-the-money warrants to finance acquisitions.
Indeed, MDR has to look beyond a business which yields a paltry 2.5 per cent margin. It needs to acquire a business which can deliver a quantum leap to its topline and margins.
Fortunately, the company appears to have the financial wherewithal to do this.
Last year, it repaid all $55 million owed to its bankers and retired some $12 million of loan-stock overhang. It is now sitting on almost $16 million in cash and has no debt.
If anyone can execute an ambitious business re-engineering plan, it has to be Mr Eng.
After all, as MD of C& C in 2000, he engineered the purchase of a 31 per cent stake in Indonesia's Astra International for a princely sum of US$296 million. By 2005, Astra had become C& C's subsidiary after the Singapore company raised its stake to 50.5 per cent. Today, its Astra stake is worth about S$20.8 billion, and the Indonesian business contributes to 90 per cent of the restructured Jardine C& C's earnings and accounts for 95 per cent of its market value.
Mr Eng is not content overseeing a smallish telecommunications equipment player delivering thin margins. If he clinches an earnings-acquisitive business, it could double the company's topline from $360 million now. In such cases, economies of scale can deliver a four-fold boost to the bottomline.
Given how he helped boost the value of C& C's stake in Astra 27-fold, this is not beyond Mr Eng's capabilities.
There are about 30 so-called 'micro-penny' stocks floating around on the Singapore Exchange. But market insiders who follow the company say few can boast its growth trajectory and potential. They note that at 7.5 times earnings, it is trading at around half the market's valuation.
If anything, the recent surge in interest in this stock seems to be based on the reckoning that a slight earnings boost will translate into a 'multi-bagger' gain.
On paper at least, the odds seem good.
one more thing. I think sales for the craze for apple products will drop over time..which means that tablets and smartphones for other brands will benefit.
jovenus ( Date: 21-Mar-2012 21:22) Posted:
Let's look at the business growth prospects.
DMS:
MDR increased share holding to 97% in Dec 2011. More profits can be locked within.
Fast growth in higher margin smart phones .
" Phones priced at the premium end of the market found favor with local consumers, with more than 50% of smart phone sales priced over $550." Smartphones in Singapore proportion will increase to 80.8% by 2015 .(See link below) .
http://www.canalys.com/newsroom/over-100-million-mobile-phones-ship-southeast-asia-year-says-canalys
The new tablet market looks promising and set to outsell PC market in future .
http://www.foxnews.com/scitech/2012/03/19/tablets-to-outsell-computers-in-3-years-apple-ceo-says/
Gadget World offering mobile accessories to complement the mobile business
AMS:
Key account of Samsung Mobile and Electronics.One of the fastest growing market leader . In fact, losing the previous Nokia seem like a blessing in diguise now , given how bad Nokia business has deteriorate .
Side note:
The 6 billion of warrant once fully exercised will dilute the shares but will give a war chest of $30 Million. With current competitors ,full of small cap players, this will be good impetus for further expansion.
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woah. same here. lucky for us. but then...the people whom we sell down to...mmm. =/
jovenus ( Date: 21-Mar-2012 20:53) Posted:
I dumped RE immediately after the CFO resigned ,shortly before the crash.
bryancbq ( Date: 21-Mar-2012 17:21) Posted:
| jovenus, were u vested in renewable energy as well? wa that was scary shit sia, nearly got wiped out. lol. |
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Let's look at the business growth prospects.
DMS:
MDR increased share holding to 97% in Dec 2011. More profits can be locked within.
Fast growth in higher margin smart phones .
" Phones priced at the premium end of the market found favor with local consumers, with more than 50% of smart phone sales priced over $550.
" Smartphones in Singapore proportion will increase to 80.8% by 2015 .(See link below) .
http://www.canalys.com/newsroom/over-100-million-mobile-phones-ship-southeast-asia-year-says-canalys
The new tablet market looks promising and set to outsell PC market in future .
http://www.foxnews.com/scitech/2012/03/19/tablets-to-outsell-computers-in-3-years-apple-ceo-says/
Gadget World offering mobile accessories to complement the mobile business
AMS:
Key account of Samsung Mobile and Electronics.One of the fastest growing market leader . In fact, losing the previous Nokia seem like a blessing in diguise now , given how bad Nokia business has deteriorate
.
Side note:
The 6 billion of warrant once fully exercised will dilute the shares but will give a war chest of $30 Million. With current competitors ,full of small cap players, this will be good impetus for further expansion.
I dumped RE immediately after the CFO resigned ,shortly before the crash.
bryancbq ( Date: 21-Mar-2012 17:21) Posted:
jovenus, were u vested in renewable energy as well? wa that was scary shit sia, nearly got wiped out. lol.
jovenus ( Date: 21-Mar-2012 17:07) Posted:
Think most ppl buy at 0.5 cents because a lot of new shares were issued at this price and it been long ,long time stuck at this price.
Informatics was good spot if you buy before PLIM comes in.
Two stocks are for recovery play and proved themself to be good buy ! Huat ar. |
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ACCS - Accord Customer Care Service , the ex-name of Mdr. It was trading at a peak price of $0.8-$1 before it got investigate by CADS for fraud. Since then the price dropped all the way to 0.003. Think some of them still holding at the peak price...
bryancbq ( Date: 21-Mar-2012 17:15) Posted:
wa...u lost few k, but now ur profit few hundred k??? omg...haha. powerful shit. what is accs? did a search and found nothing. haha.
informatics ar...i also looking at that but waiting for price to come down further to buy. think BBs like to play around with that counter, so can trade a bit.
mmm...ur balls really big to keep accumulating when price keep dropping la. haha. seems like the mantra of cutting loss doesn't work for u. hahahha.
gufeng ( Date: 21-Mar-2012 17:01) Posted:
Last time used to contra oil counter..lost quite a bit. Dont know how to take profit.. Learnt my lesson.
Actually I bought Accs previously at small lots and lost few Ks...when it dropped to bottom 0.005 I hatam millions shares thinking it wont fall further...it actually did fell to 0.003 when SGX announce 0.001 step. Never give up and keep accumulating as I believe it is turning around. Now profit is 100x more my lost.
I also bought Informatics at 0.05 only few lots CPF which used to be a buddy stock with Mdr price moving together. Still holding this stock but not much confidence with this stock now as profit seems stagnant not like Mdr. hahah |
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jovenus, were u vested in renewable energy as well? wa that was scary shit sia, nearly got wiped out. lol.
jovenus ( Date: 21-Mar-2012 17:07) Posted:
Think most ppl buy at 0.5 cents because a lot of new shares were issued at this price and it been long ,long time stuck at this price.
Informatics was good spot if you buy before PLIM comes in.
Two stocks are for recovery play and proved themself to be good buy ! Huat ar.
gufeng ( Date: 21-Mar-2012 17:01) Posted:
Last time used to contra oil counter..lost quite a bit. Dont know how to take profit.. Learnt my lesson.
Actually I bought Accs previously at small lots and lost few Ks...when it dropped to bottom 0.005 I hatam millions shares thinking it wont fall further...it actually did fell to 0.003 when SGX announce 0.001 step. Never give up and keep accumulating as I believe it is turning around. Now profit is 100x more my lost.
I also bought Informatics at 0.05 only few lots CPF which used to be a buddy stock with Mdr price moving together. Still holding this stock but not much confidence with this stock now as profit seems stagnant not like Mdr. hahah |
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wa...u lost few k, but now ur profit few hundred k??? omg...haha. powerful shit. what is accs? did a search and found nothing. haha.
informatics ar...i also looking at that but waiting for price to come down further to buy. think BBs like to play around with that counter, so can trade a bit.
mmm...ur balls really big to keep accumulating when price keep dropping la. haha. seems like the mantra of cutting loss doesn't work for u. hahahha.
gufeng ( Date: 21-Mar-2012 17:01) Posted:
Last time used to contra oil counter..lost quite a bit. Dont know how to take profit.. Learnt my lesson.
Actually I bought Accs previously at small lots and lost few Ks...when it dropped to bottom 0.005 I hatam millions shares thinking it wont fall further...it actually did fell to 0.003 when SGX announce 0.001 step. Never give up and keep accumulating as I believe it is turning around. Now profit is 100x more my lost.
I also bought Informatics at 0.05 only few lots CPF which used to be a buddy stock with Mdr price moving together. Still holding this stock but not much confidence with this stock now as profit seems stagnant not like Mdr. hahaha
bryancbq ( Date: 21-Mar-2012 16:35) Posted:
wa i saw your previous posts, only got posts in mDR sia. mmm...really one hit one kill. just buy one and strike big big, rather than win some here lose some there. respect sia *salute*
haha. any other companies u looking at anot?
serene also bought this at a low. *claps* |
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True and that was the worst time holding the share...no volumn and price doesnt even move much. Like in a desert waiting for rain to come. Those that are patient to hold til now deserve the
jovenus ( Date: 21-Mar-2012 17:07) Posted:
Think most ppl buy at 0.5 cents because a lot of new shares were issued at this price and it been long ,long time stuck at this price.
Informatics was good spot if you buy before PLIM comes in.
Two stocks are for recovery play and proved themself to be good buy ! Huat ar.
gufeng ( Date: 21-Mar-2012 17:01) Posted:
Last time used to contra oil counter..lost quite a bit. Dont know how to take profit.. Learnt my lesson.
Actually I bought Accs previously at small lots and lost few Ks...when it dropped to bottom 0.005 I hatam millions shares thinking it wont fall further...it actually did fell to 0.003 when SGX announce 0.001 step. Never give up and keep accumulating as I believe it is turning around. Now profit is 100x more my lost.
I also bought Informatics at 0.05 only few lots CPF which used to be a buddy stock with Mdr price moving together. Still holding this stock but not much confidence with this stock now as profit seems stagnant not like Mdr. hahah |
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