Since my previous post in November 2016, Hanwell Holdings has since plunged into deep value territory again. Its share price has been on a roller coaster ride – rising 63% from $0.245 to a high of $0.4 thereafter plummeting 50% to $0.205. There was no major announcement reported prior to the rally in 2017 and in… Read More Hanwell Holdings: 40% discount to NCAV with promising growth
If you’re not a member of the Malay community in Singapore, chances are you’ve never heard of Second Chance let alone know what this brand represents. And if you’re a member of the Malay community, I’m guessing that you’re probably not aware that Second Chance does not only sells traditional Malay clothing and jewellery. With… Read More My thoughts on Second Chance Properties
Business Background Hanwell Holdings supplies provisions and household consumer products in Singapore, Malaysia, and China. The company operates through Consumer Businesses and Strategic Investments. Consumer Business engages in manufacturing, brand management, marketing and distribution of consumer goods and is organised into 3 main entities: Fast Moving Consumer Goods (FMCG), Franchise and Health solutions. Subsidiaries under… Read More Hanwell Holdings: Will this strategic investor be catalyst?
Key statistics: Market Cap (SGD): 124,310 mil 52-week Low range: S$ 0.34-S$ 0.29 Rolling P/E: 3.03 Net Asset Value (SGD) : 62.9 cents Price to Book Value: 0.493 Cash per share (SGD) : 17 cents Total debt to Equity : 15% Net-Net Working Capital (SGD): Cash (100%) + Receivables (75%) + Inventories (60%) = 68,293 + (84,380… Read More Sing Holdings: 43% discount to Net-Net Working Capital
I was searching for deep value stocks that are trading at 52-week lows when I chanced upon Hor Kew Corporation Limited, a building construction group that provides an integrated range of construction and related services. From a statistical standpoint, Hor Kew Corp looks cheap as it was trading at 0.18 price to book value with… Read More 4 things you need to know about Hor Kew Corp