SIGNATURE INTERNATIONAL BHD

KLSE (MYR): SIGN (7246)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.48

Today's Change

+0.06 (4.23%)

Day's Change

1.43 - 1.51

Trading Volume

944,700


2 people like this.

4,214 comment(s). Last comment by CosmosAtom 2024-07-17 12:11

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-25 13:05 | Report Abuse

Weighted average number of ordinary shares in issue ('000) 119,428 119,457 119,428 119,457

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-25 13:05 | Report Abuse

before split-119,428
split x 2=238,856=240mil

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-25 13:09 | Report Abuse

Got cash 79mil, pay 24mil special div, 20mil If I recall correctly is for new factory to replace current one being sold to highway. so paying debts etc left around 30-25mil for CAPEX loh.

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-25 13:10 | Report Abuse

current loan around 20mil in total. if pay all lumpsum left ard 15mil-20mil?

cheeseburger

2,873 posts

Posted by cheeseburger > 2016-05-25 15:03 | Report Abuse

Management board cannot just retain profit for the reason of company need it for growth, but without clearly stated what are the growth plans that need more fund.
Investors invest into this company, if this company make money in their business operation, it make sense to return part of profit back to investors. This is how things should work. And SIGN is committed in this practice.

sineo

43 posts

Posted by sineo > 2016-05-25 15:45 | Report Abuse

Thanks Cheeseburger. I am new in share investment, need some guidance. It is true that usually when company announced dividend payout , the share price before the ex date will hike to reflect the dividend and once the ex date the share price will be coming down by the dividend equivalent? Eg, now this special dividend of RM0.1 already being factored into the recent share price where it has increased and after ex date it will come down by 10 cents ?

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-25 22:09 | Report Abuse

Of course. But look more longterm. Later got battersea, rm2 also possible. Any big projectncan spike them up. S_o only 240mik

Yun Lih

38 posts

Posted by Yun Lih > 2016-05-26 03:55 | Report Abuse

Sime Darby relation with SIGN sibeh good
Can say the battersea project 99.99% will be awarded to SIGN

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-05-26 07:42 | Report Abuse

Please do your own analysis:

Net Current Asset : 0.26
Tangible Book : 0.63
Graham Number : 0.99

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-26 08:21 | Report Abuse

Graham number based on what first? After taking calculation of this RM79mil, deduct special div? Or how?

vews08

494 posts

Posted by vews08 > 2016-05-26 08:26 | Report Abuse

sign to break 1.20 in this few days. After break 1.2, target price will be 1.28. Sign currently work on pricing with Danga Bay project. Once the price being finalize, the management will do the annoucement. The project cost for Danga Bay will be around RM150 million - RM200 million. While the Battersea project result should come out as early as third quarter this year.

Posted by Simon Hong > 2016-05-26 08:40 | Report Abuse

well said vews08 .lets hope 4 d best.by d way am new .need all of u to guide n encourage thxs

soros228

2,039 posts

Posted by soros228 > 2016-05-26 08:46 | Report Abuse

Thumbs up Vews08.

sesatn00b

44 posts

Posted by sesatn00b > 2016-05-26 08:52 | Report Abuse

waiting for the rise =)

Posted by Mohd Fahmi Bin Jaes > 2016-05-26 08:52 | Report Abuse

good luck

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-05-26 08:55 | Report Abuse

All the best......

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-26 08:55 | Report Abuse

Danga profit margin? How many yrs.

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-05-26 08:57 | Report Abuse

2 things can happen:

Buy at / above: 1.26 Targets: 1.56 - 1.88 - 2.24 - 2.63

Stoploss : 1

Sell at / below: 1 Targets: 0.76 - 0.56 - 0.39 - 0.25

Stoploss : 1.26

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-05-26 09:13 | Report Abuse

personally...I prefer to play safe for now.....

cheeseburger

2,873 posts

Posted by cheeseburger > 2016-05-26 09:17 | Report Abuse

those no holding power shall quit and wait sideline.

cheeseburger

2,873 posts

Posted by cheeseburger > 2016-05-26 09:18 | Report Abuse

don't later blast your dissatisfactions in forum if price drop.

Posted by Happypolla > 2016-05-26 10:34 | Report Abuse

Sign-wa price drop a lot. Good time to buy n keep?

Yun Lih

38 posts

Posted by Yun Lih > 2016-05-26 13:59 | Report Abuse

Warrant sure drop lo
Mother share give 0.1 dividen
Warrant holder get nothing
Wakakak

vews08

494 posts

Posted by vews08 > 2016-05-26 17:08 | Report Abuse

able to get more at 1.09 today, thanks.

Transmile

38 posts

Posted by Transmile > 2016-05-26 18:23 | Report Abuse

When other fearful, we greedy

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-26 18:54 | Report Abuse

Value partners see something i dont?

De Zhi

29 posts

Posted by De Zhi > 2016-05-27 01:52 | Report Abuse

i will collect also if it drop more
PE at 6.7 , stable order book and more to come , good dividen
give me excuse not to top up more

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-27 07:05 | Report Abuse

My guess is, projects awarded will announced only after special div ex

tklim

3,205 posts

Posted by tklim > 2016-05-27 07:25 | Report Abuse

Aiyoooo.....dangerous worrrr...wait lorrrr...see how maaa..

--------------------------------------------------

Posted by travoltakeong > May 26, 2016 08:57 AM | Report Abuse

2 things can happen:

Buy at / above: 1.26 Targets: 1.56 - 1.88 - 2.24 - 2.63

Stoploss : 1

Sell at / below: 1 Targets: 0.76 - 0.56 - 0.39 - 0.25

Stoploss : 1.26

vews08

494 posts

Posted by vews08 > 2016-05-27 08:24 | Report Abuse

cash rich company. RM80 million already in hand. After deduct RM24 million for special dividend, they still got RM56 million in the bank. If invest in FD, one year interest already RM2.4 million. The fundamental of company look good also. RM150 million order in hand now.

vews08

494 posts

Posted by vews08 > 2016-05-27 08:25 | Report Abuse

If drop below 1.08, i definitely will collect more. Ex date is 6.6.2016

8u29song

2,929 posts

Posted by 8u29song > 2016-05-27 08:31 | Report Abuse

really so good kah ???

soros228

2,039 posts

Posted by soros228 > 2016-05-27 08:32 | Report Abuse

Ok vews08. Agreed.

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-27 08:38 | Report Abuse

Vews, look at annoucements, they plan to have new factory ard 20mil to spent. Maybe not keeping so mich cash. But i am expecting projects, thts is tje fundamental tht will help them.

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-27 12:50 | Report Abuse

good stocks to hold anyway. I will buy more if It do goes down below RM1 when ppl panic selling

Posted by advtrader > 2016-05-27 13:42 | Report Abuse

projects could be coming from Johor (country garden) and middle east markets (improving oil price). Hope that they get more projects and be announced to boost things up.

Posted by advtrader > 2016-05-27 13:44 | Report Abuse

paperplane why do u think there could be panic selling or even below RM1?

travoltakeong

1,502 posts

Posted by travoltakeong > 2016-05-27 16:19 | Report Abuse

Safety net will be at 0.26.....Good Luck

jayawin

727 posts

Posted by jayawin > 2016-05-28 13:29 | Report Abuse

will move to 1.20 before the ex. date of 6.6.2016. Low risk counter to trading and invest. watch out, possible share price move up on next Monday.

tklim

3,205 posts

Posted by tklim > 2016-05-28 21:46 | Report Abuse

Which one to follow worrr?.....pening worrrr....ha...ha...ha..

-------------------------------------------------------------------------------

May 26, 2016 08:57 AM | Report Abuse

2 things can happen:

Buy at / above: 1.26 Targets: 1.56 - 1.88 - 2.24 - 2.63

Stoploss : 1

Sell at / below: 1 Targets: 0.76 - 0.56 - 0.39 - 0.25

Stoploss : 1.26

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-29 09:04 | Report Abuse

Just buy.

jayawin

727 posts

Posted by jayawin > 2016-05-30 08:08 | Report Abuse

good fundamental stock. Net cash company. Just buy and hold.

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 12:54 | Report Abuse

Valuation
Maintain target price at RM1.62/share based on unchanged PE of 10x CY17 EPS.
We continue to like Signature as the change in property trend with slew of
upmarket development in the future will bode well for premier kitchen players
like Signature. Maintain Buy.

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 12:55 | Report Abuse

wow, TA so positive about SIGN

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 12:58 | Report Abuse

estimated 37.5mil and 40mil in 2017-2018

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 12:59 | Report Abuse

Key Assumptions (RM'mn)2014 2015 2016F 2017F 2018F ROE (%) 21.2 27.5 13.5 16.7 15.7
Project revenue 123.9 208.7 162.5 205.2 219.8 ROA (%) 11.4 15.0 8.2 11.3 11.0
Retail sales 54.8 64.8 64.8 71.6 73.7 NTA (RM)* 0.50 0.60 0.87 1.00 1.14
New projects secured - - 108 206 205 P/NTA (x)* 1.1 0.9 0.6 0.5 0.5
New bids - - 350 400 400

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 13:00 | Report Abuse

206,205 mil project estimated....hmmmmmmmmmm

paperplane2016

21,660 posts

Posted by paperplane2016 > 2016-05-30 13:00 | Report Abuse

Danga 150-200mil, Battersea?

vews08

494 posts

Posted by vews08 > 2016-05-30 13:39 | Report Abuse

i can see someone is accumulating. secret

soros228

2,039 posts

Posted by soros228 > 2016-05-30 14:06 | Report Abuse

Post the TA article pls.

Post a Comment