Neglected Stock

More
03 Aug 2017 10:53 #23949 by walterlim
walterlim created the topic: Neglected Stock
Singapore Shipping Corporation is the only marine industry stock to have a positive PE.

Good yield of 3.52% and revenue and earnings for past quarters have been improving. CEO has mentioned they will be looking out for potential acquistions. Net gearing ratio is very healthy for a capital intensive company.

Chairman has been buying up shares lately since June.

Please Log in to join the conversation.

More
10 Aug 2017 18:05 #23967 by Joes
Joes replied the topic: Neglected Stock
Thanks for putting this on our radar screen. btw, it's not the Chairman but the CEO who has been doing a lot of accumulation. Today got announcement of another purchase made on 8 July 150K shares at 28 cents.

Please Log in to join the conversation.

More
10 Aug 2017 18:07 #23968 by walterlim
walterlim replied the topic: Neglected Stock
Hi,

Yes, apologies for the typo. And it is encouraging to know that he is accumulating more shares on the day of ex dividend. Another good indication that the share price will head north

Please Log in to join the conversation.

More
11 Aug 2017 17:19 #23973 by walterlim
walterlim replied the topic: Neglected Stock
CEO bought shares again as recent as 10th August at average price of $0.28 for 151 lots

Please Log in to join the conversation.

Share Prices

Counter NameLastChange
AEM2.4300.070
$ Alliance Mineral0.250-
AusGroup^0.0470.001
Avi-Tech0.4700.020
Best World1.1950.160
China Sunsine0.7850.005
CWG Intl0.145-
Dutech0.370-
Federal Int0.390-
Food Empire0.640-
Geo Energy Res0.2550.005
Golden Energy0.3850.003
$ GSS Energy0.1370.003
Heeton0.475-
$ ISOTeam0.345-
KSH0.7250.005
Lian Beng0.610-
$ Miyoshi0.0680.002
Nordic0.410-
Oxley0.535-
$ Rex Intl0.0450.001
Riverstone1.1000.010
Roxy-Pacific0.5050.030
Sunningdale Tech2.0500.020
Serial System0.178-
Sino Grandness0.1940.003
Straco0.8500.010
Sunpower0.610-
Tiong Seng0.305-
$ Trendlines0.140-
Uni-Asia Grp1.3700.010
XMH0.250-
Yamada Green Res0.395-
YZJ Shipbldg SGD1.600-
Powered by JoomlaGadgets

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 583 guests and no members online