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Metro

	27/10/2010 (OSIM)
2a	Total number of shares purchased	1,120,000
2b	Number of shares cancelled
2c	Number of shares held as treasury shares	1,120,000
3	Price paid per share	S$ 1.15

OSIM is more marketing savvy and management (Ron Sim) more market-oriented, look at their share buy-back activity over the past months... Metro is more traditional with  more "old" man in the board,  most shareholders are very loyal too and Metro has less attention by the trader. Have you seen company people with lower NAV got promoted faster than those with higher NAV , it is all about how you sell and project yourself. However, over long term, Metro is a good dividend stock.

chaosdiablo      ( Date: 01-Aug-2010 13:45) Posted: How can OSIM recover so much and is more than $1 now but company like Metro and Guthrie traded at so much discount to their NAV...Is it marketing issue??? I really don't understand....

 

today metro drop while all other rises..perhaps need to consider carefully.......though I am sure it will rise eventually but other stocks will be faster....

 

i think its not important what director own. thats not a reliable factor.

 

How can OSIM recover so much and is more than $1 now but company like Metro and Guthrie traded at so much discount to their NAV...Is it marketing issue??? I really don't understand....

 

Will improve when market realise it potential and when metro pay more dividend

 

this counter is illliquid ?

chaosdiablo      ( Date: 31-Jul-2010 17:09) Posted: NAV - $1.562 (have not taken into account the profit it earns from selling One financial street) Cash from balance sheet : 164M Recent divestment of One Financial Street of 610.9M, 45% = 280M Pay loan of 143.5M = 136.5M Total cash after completed sale = 164+136.5 = 300.5M Cash/share = 300.5/634.3 = $0.4737/share EPS 13.7 cents PE 5.62 Hence, for $0.79 - $0.4737 = $0.3163, we get all their properties and the retail businesses......

 

MetroHldg

Symbol: M01

Currency: Singapore Dollar

Last:

0.785

No Change

Vol (K): 129.0

Corporate Action - Ex Dividend

Trading
Updated Time	30-Jul 17:05
Open	0.78	High	0.785	Low	0.775
Prev Close	0.785	Buy	-	Sell	-
Volume(K)	129.0	Buy Vol(K)	-	Sell Vol(K)	-
52 Wk High	0.885	52 Wk Low	0.615	52 Wk Avg Vol	838.522
All Time High	1.15	All Time Low	0.225
Comments	No Info

*Reporting Currency in SGD
Important: ShareJunction obtains our finance data from a third party. Check financial year before use. EPS values are recorded up to two decimal points.

Financials
Date Updated	30-Jun-2010	Financial Year	31-Mar-2009
Current Year Profit (After Tax) $'000,000	39.411	Previous Year Profit (After Tax) $'000,000	65.968
Net Asset Per Share	1.47	Turnover $'000,000	5.64
Current Year EPS (After Interest and Tax)	0.06	Previous Year EPS (After Interest and Tax)	0.1
PE Ratio (After Tax)	12.7	Times Covered	3.1
Price (at update time)	0.76	Dividend Yield	0.03

*Technical Analysis Information is updated Daily

Technicals
RSI	44.34	Williams %R	-77.78
Comments (RSI)	No Info	Comments (W%R)	No Info

 

Another one with high NAV and high eps is Guthrie........

Draw back is the dividend is low compare to the eps.....hope shareholders can highlight this at their agm......

Director own near to 70%....once cross 70%, he had to give an offer....if near to its NAV, that would be more than $0.60 compare to a share price of $0.37.....

 

NAV - $1.562 (have not taken into account the profit it earns from selling One financial street)

Cash from balance sheet : 164M

Recent divestment of One Financial Street of 610.9M, 45% = 280M

Pay loan of 143.5M = 136.5M

Total cash after completed sale = 164+136.5 = 300.5M

Cash/share = 300.5/634.3 = $0.4737/share

EPS 13.7 cents
PE 5.62

Hence, for $0.79 - $0.4737 = $0.3163, we get all their properties and the retail businesses......