1. Last week, FJ opened the first Banana Republic store at Paragon Shopping Centre. It plans to set up 50 such stores in S’pore, M’sia and Indonesia by 2010.
2. March this year, FJ secured exclusive franchise rights for CELINE in S’pore, M’sia, Indonesia and Thailand.
3. Oct 06, FJ opened the first GAP in Asia (outside Japan) at VivoCity. In its 3Q07 results, GAP contributes 34% of the increase turnover to $65.7M. Now FJ added 3 more GAP stores at Wisma Atria, Centerpoint and Suntec City.
4. FJ owns 67% of St James Power Station.
5. Net Profit for 3Q07 up 114% to 3.3M
6. EPS 3Q07 increased to 0.87 cents from 0.54 in the same quarter last year. An impressive 61% increase.
7. FJ consistency:
Profit after tax: FY04= 1.994M (up 34%), FY05= 4.262M (up 114%), FY06= 10.171M (up 139%).
EPS: FY04= 0.7c (up 35%), FY05= 1.5c (up 114%), FY06= 3.53 (up 135%).
Dividend per share: FY04= 0.75c, FY05= 1.10c, FY06= 2.40.
With Formula 1 starting next year, IRs opening in 2-3 years, increasing tourist numbers, booming economy, FJ in well position to capture the increasing retail market.
For the past few weeks its share price has been range bound ($0.83- 0.92), this is most likely due do its convertible warrants which expired on 16 July. After the dilutive effect of the warrants fully absorbed, can expect the next breakout to coincide with the release of its full year results on end Aug. Price target $1.35.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Monday, July 23, 2007
Wednesday, July 18, 2007
K-Reit, Part The Two
As expected, K-Reit interim result for 1H07 is Outstanding! Here are some extracts:
1. Net Profit soars to $7.6M in 1H07, surpassing 1H06 by 55.8%
2. Distributable Income rises 36.8% to reach $9.8M in 1H07 on higher rental.
3. Prime office rents rose to $10.5psf in 2Q07 from $8.60 in previous quarter and $6.0 a year ago.
4. 70% of K-Reit portfolio’s net lettable area is due for renewal between 2007 and 2010. K-Reit is in a good stead to capitalize on the market upswing.
5. EPS for 1H07 increased 270% to 3.14cents, from 1H06 of 0.85 cents.
6. DPU for 1H07 increased 237% to 3.91cents, from 1H06 of 1.16 cents.
For complete details, pls refer to http://www.sgx.com/
Yes, I know STI down 67.08pts today. K-Reit good result was over shadowed by Govt decision to increase property development tax to 70%. I’ve just this to say: “never sell a stock based on panic, focus on a stock’s fundamental”.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
1. Net Profit soars to $7.6M in 1H07, surpassing 1H06 by 55.8%
2. Distributable Income rises 36.8% to reach $9.8M in 1H07 on higher rental.
3. Prime office rents rose to $10.5psf in 2Q07 from $8.60 in previous quarter and $6.0 a year ago.
4. 70% of K-Reit portfolio’s net lettable area is due for renewal between 2007 and 2010. K-Reit is in a good stead to capitalize on the market upswing.
5. EPS for 1H07 increased 270% to 3.14cents, from 1H06 of 0.85 cents.
6. DPU for 1H07 increased 237% to 3.91cents, from 1H06 of 1.16 cents.
For complete details, pls refer to http://www.sgx.com/
Yes, I know STI down 67.08pts today. K-Reit good result was over shadowed by Govt decision to increase property development tax to 70%. I’ve just this to say: “never sell a stock based on panic, focus on a stock’s fundamental”.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Tuesday, July 17, 2007
K-REIT Asia – The Breakout... finally
Tomorrow is D-day. The time of the year where all companies start to hand in the Half Year report cards – starting with K-Reit.
This afternoon, its shares price hit a 6 month low of $2.67. Then in the last hour of trading, the price breakout to record a 18cents gain for the day at $2.90. Volume for the day is 2million, one of the highest for the past few months.
Most important of this all, the Timing. Tomorrow is the release of half year result, today the phenomenon breakout in the last one-hour. Got it?
I have been watching this counter for long, too long. K-reit’s portfolio includes prime office building like Prudential Tower, Keppel Towers, GE Tower and Bugis Junction Towers. Last year, it achieved a distributable income of $11.2M, exceeding its forecast by 23.9%. Balance sheet looks good, not fantastic, but easily above average. However, its shares price has been a continuous decline for the last 3 months. This doesn’t make sense to me. Rental market is raising (like crazy!) and yet this counter is stagnant. There must be something that everyone else knows except me. At 1600hr today, I got the answer, this counter is just taking a breather all this while.
For tomorrow, the initial price resistance is $3.00, if this is broken, the next resistance will be $3.25. Longer term price target $3.80 for the next 6 months.I urge you to put this counter in your watchlist, at least just for tomorrow.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
This afternoon, its shares price hit a 6 month low of $2.67. Then in the last hour of trading, the price breakout to record a 18cents gain for the day at $2.90. Volume for the day is 2million, one of the highest for the past few months.
Most important of this all, the Timing. Tomorrow is the release of half year result, today the phenomenon breakout in the last one-hour. Got it?
I have been watching this counter for long, too long. K-reit’s portfolio includes prime office building like Prudential Tower, Keppel Towers, GE Tower and Bugis Junction Towers. Last year, it achieved a distributable income of $11.2M, exceeding its forecast by 23.9%. Balance sheet looks good, not fantastic, but easily above average. However, its shares price has been a continuous decline for the last 3 months. This doesn’t make sense to me. Rental market is raising (like crazy!) and yet this counter is stagnant. There must be something that everyone else knows except me. At 1600hr today, I got the answer, this counter is just taking a breather all this while.
For tomorrow, the initial price resistance is $3.00, if this is broken, the next resistance will be $3.25. Longer term price target $3.80 for the next 6 months.I urge you to put this counter in your watchlist, at least just for tomorrow.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Monday, July 16, 2007
SC Global – The Best of Breed
Everyone can see that property counters are on the rise. Everyone will want to ride the wave. The question is, which counter? CDL? UOL? Capitaland? The answer is simple – get the Best of Breed, and SC GLOBAL is one of the Best!!
Why SC the Best?
When property price is on the rise, high-end market (District 9,10) is the one that takes the lead. This is the segment that generate the highest yield. And Luxury high-end market is exactly what SC is concentrating on. At the moment, SC is in the midst of launching 2 high end projects – The MarQ and Hilltops
Land bank is important for a property company for its continue growth. On 16 Jun, SC acquired a 43000 sq ft piece of land at the prestigious Ardmore area. SC also owns site at Muthuraman/Narayanan Chetty Road. In Jan 06, it also acquired an adjacent property at Martin Road. At his moment, SC is also developing a freehold commercial development “Newton 200” at Newton Road, which will be its investment property.
Impressive Financial:
Net profit after tax: FY05 = 9.4m, FY06 = 16.9m, FY07 (forecast) = 124.3m!
As of FY06, Current assets = 565.5m, as compare to Current liabilities of 72.5m.
EPS for 1Q07 (7.55) increased 680% as compare to 1Q06 (1.05).
At the moment, the shares is in a consolidation phase, trading in a tight range between $6.5 to $6.7. This provides a very good opportunity to accumulate.
Base on its daily chart, the next price surge can be expected in Aug, with a target of $8.10.
Here is what others say:
Philips: Price Target $8.00
UOB KayHian Price Target $8.14.
DBS Vickers: Price Target S$ 8.40
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Why SC the Best?
When property price is on the rise, high-end market (District 9,10) is the one that takes the lead. This is the segment that generate the highest yield. And Luxury high-end market is exactly what SC is concentrating on. At the moment, SC is in the midst of launching 2 high end projects – The MarQ and Hilltops
Land bank is important for a property company for its continue growth. On 16 Jun, SC acquired a 43000 sq ft piece of land at the prestigious Ardmore area. SC also owns site at Muthuraman/Narayanan Chetty Road. In Jan 06, it also acquired an adjacent property at Martin Road. At his moment, SC is also developing a freehold commercial development “Newton 200” at Newton Road, which will be its investment property.
Impressive Financial:
Net profit after tax: FY05 = 9.4m, FY06 = 16.9m, FY07 (forecast) = 124.3m!
As of FY06, Current assets = 565.5m, as compare to Current liabilities of 72.5m.
EPS for 1Q07 (7.55) increased 680% as compare to 1Q06 (1.05).
At the moment, the shares is in a consolidation phase, trading in a tight range between $6.5 to $6.7. This provides a very good opportunity to accumulate.
Base on its daily chart, the next price surge can be expected in Aug, with a target of $8.10.
Here is what others say:
Philips: Price Target $8.00
UOB KayHian Price Target $8.14.
DBS Vickers: Price Target S$ 8.40
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Saturday, July 14, 2007
Warm Welcome!
This Blog was started last Wed afternoon, 11 Jul07. I was not able to post an introduction at that time as the opportunity to accumulate China Fishery @ $2.31 outweighs any formal protocol.
Why this Blog?
Very often I’ll ask around “what shares to buy”? And very often people will ask me back the same qns. Everyone Can Trade's objective is to help everyone spot the right shares at the right time, and hopefully the right price.
What to expect?
Here, I’ll try to identify Good shares base on the following criteria:
1. Shares must be in a strong growth sector.
2. Company must have a good earnings record.
3. Clean Balance Sheet.
4. Strong up trend in Technical Charting.
Other points like good Management team, strong Management Ownership, and other external/ environment will also be highlighted.
Company which doesn’t fit these criteria, but has calculated chance of a price surge will also be mentioned. Eg. Genting before the IR announcement.
Where are the information from?
After doing research on Financial Reports, Company profiles, Technical Charting, Analysts recommendations, and if I find that the Share is good, I’ll post in on the Blog with my personal opinion added.
All figures quoted in this Blog are obtained from Financial Reports, Newspapers, or other Analysts reports. I’ll try my best to keep all information as accurate as possible. If you spotted any mistakes, please point out to me.
All Comments are welcome. If you like to contact me privately, or you wish to be included in my mailing list, pls email to: cleartotrade@gmail.com
Best Regards
Disclaimer
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Why this Blog?
Very often I’ll ask around “what shares to buy”? And very often people will ask me back the same qns. Everyone Can Trade's objective is to help everyone spot the right shares at the right time, and hopefully the right price.
What to expect?
Here, I’ll try to identify Good shares base on the following criteria:
1. Shares must be in a strong growth sector.
2. Company must have a good earnings record.
3. Clean Balance Sheet.
4. Strong up trend in Technical Charting.
Other points like good Management team, strong Management Ownership, and other external/ environment will also be highlighted.
Company which doesn’t fit these criteria, but has calculated chance of a price surge will also be mentioned. Eg. Genting before the IR announcement.
Where are the information from?
After doing research on Financial Reports, Company profiles, Technical Charting, Analysts recommendations, and if I find that the Share is good, I’ll post in on the Blog with my personal opinion added.
All figures quoted in this Blog are obtained from Financial Reports, Newspapers, or other Analysts reports. I’ll try my best to keep all information as accurate as possible. If you spotted any mistakes, please point out to me.
All Comments are welcome. If you like to contact me privately, or you wish to be included in my mailing list, pls email to: cleartotrade@gmail.com
Best Regards
Disclaimer
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Friday, July 13, 2007
Yangzijiang - Even Mr Buffett will like to buy
Today, YZJ's share price increase 5% to $2.20 with 35 Billion shares traded, this volume is more than 3 times its average vol for the past month.
MACD breakout for the first time since listed in Feb, which might signal the start of a surge. OBV continue to show constant uptrent.
Q1 net profit attributable to shareholders double to 183.5M yuan from 80.9M yuan. Revenue swelled to 909.1M yuan from 441.4M yuan.
Short term target price $2.35, with a longer term tgt of $2.70 in the next few months.
Important Information
YZJ is the 4th largest shipyard in China.
Beijing has stated its ambition to make China the largest shipbuilder in the world within 2 years, and Guangzhou Shipyard is currently the only listed Chinese company in that industry.
China is the world's 3rd-biggest builder of ships, behind South Korea and Japan. Yangzijiang has placed out a total of 27.4 m shares to UBS AG's funds and 16.1 m shares to Aranda Investments (Temasek Holdings).
During its IPO, warrents are already being issue. This is the first time in recent years that such confident is shown on an IPO stock in Singapore.
Disclaimer
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
MACD breakout for the first time since listed in Feb, which might signal the start of a surge. OBV continue to show constant uptrent.
Q1 net profit attributable to shareholders double to 183.5M yuan from 80.9M yuan. Revenue swelled to 909.1M yuan from 441.4M yuan.
Short term target price $2.35, with a longer term tgt of $2.70 in the next few months.
Important Information
YZJ is the 4th largest shipyard in China.
Beijing has stated its ambition to make China the largest shipbuilder in the world within 2 years, and Guangzhou Shipyard is currently the only listed Chinese company in that industry.
China is the world's 3rd-biggest builder of ships, behind South Korea and Japan. Yangzijiang has placed out a total of 27.4 m shares to UBS AG's funds and 16.1 m shares to Aranda Investments (Temasek Holdings).
During its IPO, warrents are already being issue. This is the first time in recent years that such confident is shown on an IPO stock in Singapore.
Disclaimer
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Thursday, July 12, 2007
The Fish came Alive!
After my post last night, this morning CIMB also issued a call to buy this counter:
From CIMB this morning!!!!
China Fishery Group (S$2.31) . Initiating Coverage - Prize catch
Trawling operations form the core of its business, accounting for 65% of 1Q07 revenue. All supertrawlers are linked to vessel-operating agreements (VOA) and are highly profitable with net margins of above 30%. Long-term contracts also provide relatively secure earnings streams and visibility with the earliest expiry for the first three VOAs in 2024. Management is on the lookout for more VOAs, and has been aggressively expanding its fleet of purse seine fishing vessels and fishmeal operations through acquisitions. We believe acquisitions represent the most efficient way for it to leverage management,s extensive experience in industrial fishing and expand operations.
Net profit is expected to jump 122% yoy to US$106.5m in 2007, on full-year contributions from the company's Peruvian fishmeal operations. Given its strong operating record, 20% share of fishing quotas in Russian waters and significant market position in the Peruvian fishmeal industry, we believe CFG should not be trading at discounts to its global peers, most of which are concentrated in single lines of business. Our target price of S$3.10 values the company in line with the industry average of 13x CY08 P/E, offering potential upside of 34%. Initiate with Outperform.
As of 11.00am, Price up 2.6% to $2.37 with 1.3 million shares traded.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
From CIMB this morning!!!!
China Fishery Group (S$2.31) . Initiating Coverage - Prize catch
Trawling operations form the core of its business, accounting for 65% of 1Q07 revenue. All supertrawlers are linked to vessel-operating agreements (VOA) and are highly profitable with net margins of above 30%. Long-term contracts also provide relatively secure earnings streams and visibility with the earliest expiry for the first three VOAs in 2024. Management is on the lookout for more VOAs, and has been aggressively expanding its fleet of purse seine fishing vessels and fishmeal operations through acquisitions. We believe acquisitions represent the most efficient way for it to leverage management,s extensive experience in industrial fishing and expand operations.
Net profit is expected to jump 122% yoy to US$106.5m in 2007, on full-year contributions from the company's Peruvian fishmeal operations. Given its strong operating record, 20% share of fishing quotas in Russian waters and significant market position in the Peruvian fishmeal industry, we believe CFG should not be trading at discounts to its global peers, most of which are concentrated in single lines of business. Our target price of S$3.10 values the company in line with the industry average of 13x CY08 P/E, offering potential upside of 34%. Initiate with Outperform.
As of 11.00am, Price up 2.6% to $2.37 with 1.3 million shares traded.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
Wednesday, July 11, 2007
China Fish - Time to wake up!
Time to accumulate. This Fish somehow escaped the BB's net.
China's food product has caused a great concern for its low hygiene level. That in a way is Good for China Fishery. China Fish main fishing ground is Pacific Ocean (95.6%). They don't catch fish from your back yard's pond. Consumer who are concern will switch from eating fresh water fish to sea water fish. This will improve profit for China Fishery.
Flooding and river contamination is another big concern in China, but again it has benefited China Fish! Flooding and other river chemical poisoning case means that there will be accute shortage of fresh water fish! Consumer got no choice but to buy sea water fish which is China Fishery Business.
At this moment, 50% Revenue is from China. the rest from Korea, Japan and Europe. With expansion in Peru, u can see that the % of revenue from China will drop, hence the Business risk will also be reduced. Great Move by its Management!
EPS 2004=5.79, 05=10.05, 06=13.4. Constant, Steady growth averaging 60%.
Q1 profit U$30.5m which is 45.3% up compare to Q1 06'.
It's cleverly executed expansion in South America - Peru, should see further grow in new future.
Balance sheet also looks solid. Current asset in Cash term (U$57.6M) is more than it's Total Current Liabilities (U$48.4M). In another words, no problem with cash flow at all!
Today Price drop to 2.31, providing a very good buy opportunity base on it's daily chart.
Target $3.30 by year end.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
China's food product has caused a great concern for its low hygiene level. That in a way is Good for China Fishery. China Fish main fishing ground is Pacific Ocean (95.6%). They don't catch fish from your back yard's pond. Consumer who are concern will switch from eating fresh water fish to sea water fish. This will improve profit for China Fishery.
Flooding and river contamination is another big concern in China, but again it has benefited China Fish! Flooding and other river chemical poisoning case means that there will be accute shortage of fresh water fish! Consumer got no choice but to buy sea water fish which is China Fishery Business.
At this moment, 50% Revenue is from China. the rest from Korea, Japan and Europe. With expansion in Peru, u can see that the % of revenue from China will drop, hence the Business risk will also be reduced. Great Move by its Management!
EPS 2004=5.79, 05=10.05, 06=13.4. Constant, Steady growth averaging 60%.
Q1 profit U$30.5m which is 45.3% up compare to Q1 06'.
It's cleverly executed expansion in South America - Peru, should see further grow in new future.
Balance sheet also looks solid. Current asset in Cash term (U$57.6M) is more than it's Total Current Liabilities (U$48.4M). In another words, no problem with cash flow at all!
Today Price drop to 2.31, providing a very good buy opportunity base on it's daily chart.
Target $3.30 by year end.
Disclaimer: All shares recommendations in this Blog are my personal opinion. Readers are encouraged to do their own research before investing. Remember, it’s your own money! I will not be liable for any losses incurred.
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