Nam Lee Pressed Metal Ind Ltd *Official* (SGX:G0I)

[SCG8866T]

Who still believe in net net stocks like Nam Lee? Kee 3.4% today

 

[Obama486]

http://foreverfinancialfreedom.blogspot.sg/2015/05/nam-lee-metals-h1-fy15-results-thoughts.html

 

[SCG8866T]

http://foreverfinancialfreedom.blogspot.sg/2015/05/nam-lee-metals-h1-fy15-results-thoughts.html

Yes i like this company. Cash rich and conservative. They always distribute less than half of their earnings out as dividend and its already 5.08% yoy. 0.615x price to book, zero net debt and 6.398x pe.

 

[Perisher]

Try to buy a few times liao. Shhhssshhhh, wait till I board then spread.

 

[winorlose]

hmmmm why nam lee?

What are they doing to gain growth? Quite stagnant already leh

 

[wahkao3]

good or not????

 

[winorlose]

Unless you don't mind that huge 2bids spread and low liquidity.

FA wise, good but unless some significant corporate development is ongoing.. i doubt any room for share price growth..

but always.. demand > supply will see it's share flying

If no one wants to action, will be stuck here

 

[Perisher]

Zero debt, cash rich both sounds like great recipe for growth and expansion. Anyway, I'm away, not very convenient to paste my research here now. Update when I board bah.

 

[winorlose]

I've put into my watchlist cause i like cash rich zero debt companies.. but if no growth and non-exciting sector.. really.. BBs dont really like to play such boring shares

 

[Perisher]

Oh yeah, we looking for different things, I'm more of a long term type, can patiently wait for growth. The dividends also not bad. Yours is rapid growth fast in fast out. Different style bah.

 

[winorlose]

QIQO haha

Quick In Quick Out

 

[winorlose]

haha kena hit at 295

 

[winorlose]

Done 30000 @ avg 0.29550

 

[winorlose]

Test my luck here abit.. see whether got midas touch hahaha

 

[appleorange_]

buy few weeks liao,

always ding dong between 0.29 and 0.295 before today

somedays no volume somemore

 

[winorlose]

buy few weeks liao,

always ding dong between 0.29 and 0.295 before today

somedays no volume somemore

Let's spice things up abit.. hahaha

of course la, dont have volume to spice it up how to move..

When this page go to 20 over pages, then you know u've made it!

Stops @ 0.290

only 30k shares, can tahan.. take dividend also not bad

 

[spiritGate]

Nam lee only 3%++ dividend yield, good ar

Sent from Sony C5303 using GAGT

 

[winorlose]

$0.015 div thats 5%

 

[winorlose]

actually since its majority owned by her owners, they shouldnt waste time listing anymore in sgx. Little volume, not much corporate actions. Business is stable.. Dont need to list and pay sgx all these fees.. They also dont need funds for expansion since they are cash rich.. Just make a general offer and delist better la.

They can keep their profit all to themselves instead of sharing the pie with public

 

[SCG8866T]

actually since its majority owned by her owners, they shouldnt waste time listing anymore in sgx. Little volume, not much corporate actions. Business is stable.. Dont need to list and pay sgx all these fees.. They also dont need funds for expansion since they are cash rich.. Just make a general offer and delist better la.

They can keep their profit all to themselves instead of sharing the pie with public

Yes privatization is our aim too. Offer price should be close to its NAV