SG Stock MarketDetailed Quotes
1MZ NamCheong
- 0.360
- -0.010-2.70%
10min DelayMarket Closed Sep 13 17:04 CST
141.21MMarket Cap0.40P/E (TTM)
0.380High0.350Low1.77MVolume0.370Open0.370Pre Close644.17KTurnover0.40052wk High0.81%Turnover Ratio392.25MShares0.11752wk Low0.895EPS TTM78.36MFloat Cap0.400Historical High0.65P/E (Static)217.68MShs Float0.117Historical Low0.551EPS LYR8.11%Amplitude--Dividend TTM1.27P/B100Lot Size--Div YieldTTM
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NamCheong Stock Forum
Nam Cheong, despite its 100% rise in the past 2 months, trades at quite a bit of discount to its peers in Bursa . Kenanga Research estimates their average PE at around 14X. A back of the envelope calculation indicates Nam Cheong trades at 2.8X this year's earnings (excluding one-offs).
Stock jumps 100+% in 2 months as 1H results point to low valuation
$Beng Kuang - watch list (BEZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$
Broke out of 0.335 resistance. May reach around 0.40.
$Beng Kuang - watch list (BEZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$
Beng Kuang may have bottomed at 0.21.
$NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$
Reached 0.30, near my target of 0.305.
$Beng Kuang - watch list (BEZ.SG)$ $Mermaid Maritime (DU4.SG)$ $PacificRadiance (RXS.SG)$
overvalued but at least the market makers are not vicious unlike Mermaid 😂. Mermaid is destroyed by market makers. in future, punters will shy away from it. 😉
Offshore service vessel (OSV) provider Nam Cheong announced a y-o-y surge in net profit to RM635.8 million in 1HFY2024 for the six months to Jun 30 compared to RM31.7 million for 1HFY2023, primarily attributable to the waiver of debts.
Revenue rose by 12% y-o-y to RM312 million, and gross profit increased by 87% y-o-y to RM146.0 million, mainly driven by improved daily charter rates and higher utilisation of larger ve...
Multi days high at $0.225 !
$0.25 next stop
The OSV sector is in play. Mermaid, Beng Kuang, Nam Cheong and Pacific Radiance. Good time to buy after the correction.
$Beng Kuang - watch list (BEZ.SG)$ $NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$
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