more to come from private contract from Ihh.contract from India is coming soon n will get some good premium landbank. it seems like the journey has just begun.watchout from ths
Faber has a strong net cash position of 92sen/share.I forecast the final dividend to be in the region of 15sen/share if the 14 mths back-dated HSS income is in time to be reflected in the Q4/FY 2012 Financial Report.Otherwise it will spill over to Q1 2013.
Tony,I am very new to this trade.Faber was the 1st share that I bought on 13th Aug 2012 @1.35 after doing some brief research.So sorry cant answer your good questions.I extracted the info. available from the previous Financial reports.Let me take your questions as a case study and I will be back once I have the answer.May be a good idea if I call up the co.auditor to ask those questions that you and me and others need to know.
the financial health was very bad last time n accumulated losses was generated mainly from the faber merlin hotel group.due to tht,they owed alot to the bankers n tht's how universal trustess was there to hold almost 9% as of now.the bankers r not interested in faber business n they will dispose when the price is right. the turnaround plan came in last 2 yrs by turning ard accumulated losses into retained earnings n ths has been paid to shareholders as special dividend. n thgs has been right cos section 108 tax credit will expire 31dec2012. n thru tht way they can fully utilised the tax credit by giving special divvy. although faber has more than 50cents for tge cash per share,they still has to commit to pay the bankers n another special divvy will b unlikely but i guess they can pay more on the final dividend with the increase in Eps n payout ratio.
Pat sifu, officially I don't think so as their confirmation letter and payment are not the same thing......At least now Faber can rest easy that payment will come in. but more importantly the 10 years contract...... On the hind side it should come in within 2 mths and should be seen in May report however that should not stop them from giving the dividen as the 10 years platform has already been built.....they just need to ensure that their building block and strategy to continue growth provides confidence moving forward!,
I am saying what was mentioned on the building block and strategy is because they will need to entice more ppl to this share. They have done a very good job compared to before however the daily volume is stil very low...
question that begs an answer, why are investors still 'shunning' away from this share then? they have 10 yrs worth of guaranteed money which shows it's stability.
Is it the fear of the impending GE that is spooking the fund managers as well? Any possibility that a change in Govt might mean revocation of the 10 yrs contract?
alright, then i guess people are shunning due to election fear factor...
although with such a strong commitment and award given, i think the risk is capped unless at least for the healthcare division (with rumours of I** contracts in the pipelines as well).
Their property arm might need some bucking up though.
It's possible they are worried about the GE and also the fact that too little volume on normal days. Faber will need to continuously build their reputation....
Contracts are safe but as I said they cannot go with a lackadaisical attitude moving forward knowing the have the 10 years...they still need to get confidence buy in
lou sifu, u peddle more here la... maybe fund managers will get more confidence!
Agree that they can't have a 'tidak apa' attitude after securing 10 yr deal from Govt. If deal with I** sealed, then they will secure overseas contracts too right?
Should be a major plus point and potential re-rating? Possible?
Anything possible at this point.......question is what do ppl see as interesting, what they see as opportunity and what they see as investment and etc may be all different....here I believe they see as opportunity for quick turn and good dividend......BUT don't forget the last round of dividend, a good majority retain as oppose to sell before due date....
sell on news... contract value dilution for swak & sbh region...bad news future earnings will be substantially reduced gap up today...price gap will be covered later so today is a sale
for I** contract, if it is true, i believe the priority shall be given to Pantai 1st la. Pantai is I** arm isn't ? unless Pantai can't handle contract, then only will they look for external party
I only know this line from a famous fren I know....."buy buy buy! Buy or not buy it's up to you and followed by don't regret" that was almost 1 year ago.......lol
hahaha.. wonder who you're referring to eh? btw, lou sifu, u still holding on for Divvy? Or sold this morning at opening bell waiting to buy on weakness?
dont based ur decision to hold for div...faber will declare at finale 8 sen div & no special div payment in jul...so far away buy back near GE if u want to keep for div is the best option...earn twice dont hope
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lofan73
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Posted by lofan73 > 2013-01-26 09:40 | Report Abuse
more to come from private contract from Ihh.contract from India is coming soon n will get some good premium landbank. it seems like the journey has just begun.watchout from ths