Pacific Andes    Last:0.022   -

Fish & Cheap???

Take the opportunity offered by Mr. Market to buy mre of this company cheaply.

It really beats me why people AVOID shares when they are cheap, and frantically scramble to buy when they are more expensive. You don't see that happening in a furniture mall eh ? I will choose the cheaper sofa anytime, assuming the same quality.

Don't judge a company's quality based on its price; price action tells NOTHING about value. For true value, look at its business, fundamentals, industry, MAnagement and competitive edge.

 

the divvy a mere half a cent.. base on a normal behaviour, it should drop by that much ex-cd.. At the moment, it is the external factor that's causing this counter to keep dropping. Prior to this correction, it was the rights issues that caused the drop.

I'm not saying it will not drop to 0.70..  just that the ex D should not cause it drop further.

 

This one "eat 6" (Hokkien) already. Before ex-cd, already tumble until like that, imagine when come to ex-cd. Drop liao, reaching S$0.7 very soon. Good Luck.

 

hi chinkiasu

kudos to you sir! haha..the time for homage for my club will come soon.
i think i'll just take out the stock certification in 4 years time and blow the dust off it and grinz until my msucles hurt

2007+4=2011! Just before the London Olympics! haha...Another boom period..swee.. 

 

Believe me, still too early, wait till S$0.7, soon to reached.

 

many thanks musicwhiz5 for excellent post in your blog.....

and eastonbay for highlighting it...  I am encouraged by the Chairman's remarks.. I believe this stock is certainly worth holding on... perhaps with current slide due to dow, it is really worth picking up more ....i.e if you are in a position to...

 

You see, now is going down because the STI is bleeding, thus, when come to EX-CD, this stock will slide further, hope I am wrong. But I still think after the right issues, the share paper is diluted, and the price will slide further and the best time is still below S$0.7. To reached S$1, it is long long way to go !!! Good Luck.

 

 

This stock price cannot climb high because of the right issue 1-for-1  recently announced. In future earning calculation analyst like to factor


this in.

 

Well i think one shldnt be worried abt how much this stock will slide at the present moment cos its still raining outside these days. Potential investors shld be worried when's the best time to come in, haha.. I have faith in this stock to hit $1 by end this year or early next year. Wat u guys think?

 

Hi EastonBay,

No I don't mind, thanks for helping me to post that. Yes I shall be away on biz till Friday late, but will still have access to Internet in the meantime and can reply to comments on my blog. Just feel free to contribute if you guys have attended the AGM too and have something to add. Thanks !

 

high lesbleus ...I was with my nephew, enroute from Singapore to Dublin via Manchester.. and had three hours.. so I take train from airport straight to Old Trafford... unfortunately it was closed as it was quite early in the morn...but I walked around it and after bowing at the front gate took a pic of my nephew standing in front of it.. he looked superb... the stadium is indeed awesome....

yes, I think I just lock this stock up and look at it again in a years time...

 

this counter lao sei everyday !!!!

 

I just think, it keep on all the way till S$0.69, then go in ! Good Luck.

 

hi chinkiasu 

How was it like paying homage at Old Trafford? Very siong feeling? haha.. My hokkein top grade sia.

I not worried about PacAndes. Let it ride through the waves and emerge at the crest come the day it reaches its intrinsic value.

btw, i see the sea of red on fri until my vision went up

 

Hello musicwhuz5, I think the PAH increase of debt-equity ratio should not be worrying if the acquisition of CFG will result in increase in Profit.

 

Hello itrader,

I will be frank, I cannot determine the intrinsic value of PAH currently due to the recent restructing and the purchase of the additional stake in CFG to raise their effective stake to 63.9%. Once the 1Q 2008 results are out, there should be more clarity on the issue. Normally, I do not give target prices for any of my companies (if you read my blog often you will know what I mean), I see myself doing more of business analysis rather than price analysis. If the business is good, the market price will take care of itself. Cheers !

 

musicwhuz5, visited ur blog.very detail analysis. good job. I will visit it often.

DBS has TP of $1+. Based on your analysis, what is the value of this share. hope its good.

 

hi lesbleus ... go the website for premier leagues for the T shirt......

I used to be fan of Man U until Roy Keene got "sacked"...  and yes even went to Old Trafford to pay homage...

ps your hokien ai sai.. 

btw, alamak our Pac has gone down again...

 

how i wish!?! That is one of my many dreams. So far, i have been to the Chelsea Lodge at Mountbatten there. Was standing outside of course! haha

Maybe next year? When they are holding Olympics then if i managed to save enough will definitely want to go! go! go! Nowadays everything is so expensive in London, heard from my friends & colleagues. Cant tahan. what about yourself sir? Fan of any club?

By the way, how did you manage to get the pic? Chin ho kua. haha, is my hokkein rite bo?

 

ha ha trueblue... FA & league cup champions this year...  so I got it half rite.... have you been to Stamford Bridge, Chelsea?

yes, I think Pac Andes is a good defensive stock...

 

hi chinkiasu

finally have the time to check SJ forum. lunch break, yay!

Nah, i dont support France. Its a country that is going downhill until they know who is wrecking havoc in their country and not be afraid of them. I am a supporter of Chelsea! True blue Chelsea! haha..

Congrats! This company is really doing well. If you wanna know how much it is undervalued or how much margin of safety you have, just look at China Fishery and you'd have a good idea. Plus, rem that their price of 2.53 is after a stock split. Imagine how much Pac Andes is worth! Woohoo!
Good investing mate!