Ok so like that, SGDividends say SPH BUY $15 target!. SingTel SELL $0.50.Keppel SELL $1. Wilmar NEUTRAL $1 million. Feels good. If kanna the target price, we are saints. If not, heck lah, just change.
Ok on a more rational note. Let's look at the basics. Seeing is believing. Don't need to write so many reports one or else become keyboard warrior. Let's not even go into the metric Free Cash Flow. Let's just look at Cash Flow from Operations. See how negative their cash from operations. So unless they are drilling for some black gold underneath the sea level, hopefully they can come up for some fresh air.
Apologies for the harsh remarks but Beefy Barber is our friend even though he bullies us at times.
Important: The objective of the articles in this blog is to set you thinking about the company before you invest your hard-earned money. Do not invest solely based on this article. Unlike House or Instituitional Analysts who have to maintain relations with corporations due to investment banking relations, generating commissions,e.t.c, SGDividends say things as it is, factually. Unlike Analyst who have to be "uptight" and "cheem", we make it simplified and cheapskate. -The Vigilante Investor, SGDividends Team
I saw that you added my blog to your blogroll. i have added yours to mine as well!
ReplyDeleteKeep in touch and keep the funky analysis coming.
Read following reuter news on Olam. Wonder how this company "reduce debt" by borrowing 3 yr loan ...... borrow from peter and pay mary ???
ReplyDelete-Commodity firm Olam International said it plans to buyback $117.6 million worth of convertible bonds as the firm seeks to
reduce its debt levels. Olam will take up a 3 year loan to fund the buyback.
Cambridge finally got financers, but at what interest ????
- Cambridge Industrial Trust secured a S$390.1 million ($263million) term loan from three banks to refinance its existing debt. [ID:nSGC000947]
Hi Annonymous,
ReplyDeleteYeah its like , to put it bluntly, rolling credit card debt!