According to TA Research, management indicated that Signature has been invited to bid for kitchen work packages for Battersea phase 3A development.
“We understand that phase 3A development consists of 539 units of residential properties, which are targeted for completion in 2019.
“In a typical construction progress, kitchen jobs will usually start at the end of the construction cycle,” it said.
The research arm noted that as such, this Battersea project could serve to enhance Signature’s current year 2018 (CY18) (financial year 2018/2019 (FY18/19)) earnings visibility if the group can win in the job bidding process.
Assuming the kitchen system is priced at 10,000 pounds each, the potential contract sum, which works out to RM31 million, will boost Signature’s orderbook from RM145 million as at February 2016 to RM176 million,” it added.
hi travoltakeong , net current asset as at 31.3.2016 is 0.63. And after the completion of disposal of land to selangor govt for about RM80 million, the revised net current asset will be around 0.90
Sign is the good counter. So, just hold it and take the special dividend. Management will likely to propose another final dividend on Aug'16. The dividend rate i guess will be 3-5 cents. Together with the special dividend payout , the total dividend for FY 2016 will be around 13-15 cents. Next financial year , signature will resume the growth and share price could up further.
the operator is trying to support at 1.06....failing which will go below 1.00 and even below 0.50.....fundamental not so great......watch closely...must monitor....
hi travoltakeong, if fundamental not good. My advise is you get out from this stock. For me , sign is a net cash company. Current order book stood at RM150 million. I will choose to hold this counter.
Pls check the company qtr report. they are financial strong, net cash company. If you think fundamental is not good, pls share your facts. Simply talk it will go below 0.50, what is your backup? from the air?
He likes to promote asiaply, if he not interested, he won't write any at tis, i m sure he oso collect the lowest, buy rm1, get rm100 dividen, who dun wan
It appears travolta statements are based on statistics that he learns from statistic course. If this %% in a day means bla bla bla...if drop this %% bla bla...statistics based on herd effect...
Can put this stock under watchlist for now.....corporate exercise over and done....post corporate exercise the market value is within range 0.95-1.07.....NTA around 1.25 as a shield...It really depends on market forces if the new investors are willing to pay premium for this stock or wait for a discount.....
Attractive risk to reward ratio with 23.1% upside against 9.1% downside. All in, we see an attractive risk to reward ratio for investor with a theoretical entry price of RM1.04 given that the downside to the cut loss zone of RM0.945 is 9.5 sen (-9.1%) while the upside to the LT price objective of RM1.28 is 24 sen (+23.1%).
ya lorrr...put under watchlist lorrr.....now must wait until next quarterly report to see the real numbers.....buy at very good discount lorrr,,,or else money stuck lorrr...,look at one year chart lorr.....can see the lowest number lorr...overall market also not good worrr.....anything can happen maaa...haiyaa...wait lorrr....ha...ha..ha
ESOS price set at 1.00. Director of Sign accepted the 5 million shares ESOS at 1.00, showed their confident to the company. For us, just follow their direction, sure correct.
ESOS price set at 1.00. Director of Sign accepted the 5 million shares ESOS at 1.00, showed their confident to the company. For us, just follow their direction, sure correct.
ESOS price set at 1.00. Director of Sign accepted the 5 million shares ESOS at 1.00, showed their confident to the company. For us, just follow their direction, sure correct.
ESOS price set at 1.00. Director of Sign accepted the 5 million shares ESOS at 1.00, showed their confident to the company. For us, just follow their direction, sure correct.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paperplane2016
21,660 posts
Posted by paperplane2016 > 2016-05-30 14:14 | Report Abuse
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