*Official* Colex Holdings

[Shion]

Waste management company in Singapore, involved in:
- Waste disposal services and products
- Cleaning services
- Recycling services

Responsible for waste collection in Jurong area
- 2nd term 7-year contract worth $139.8 million awarded by NEA for 2013-2020 (average ~20m per year)
- 1st term 7-year contract award by NEA 2006-2013

Price/Book value - 1.611
Dividends yield - 1.53%
P/E ratio - 8.08
Debt/EBITDA - 0.328

Yearly dividends declared, amounts ranging $0.003 to $0.008

 

[Shion]

Courtesy from SGX

Courtesy from NEA

 

[Shion]

What do you guys think of this counter ?

Any potential strong growth in the future as Tuas and Jurong area gets more developed in the future, provided Colex continues to win the bid to manage the waste collections in this area ?

 

[tiny]

Colex's dividend payout not generous as compared to 800 Super

 

[Shion]

Colex's dividend payout not generous as compared to 800 Super

Definitely. The dividend payout amount is low.

Any ideas what Colex has that 800 Super don't ?

 

[Apothecary]

Colex's stock performance is unlikely to take off like 800 Super does as it has a parent in Bonvests Holdings who is known to keep their counters undervalued with lower dividends.

 

[Shion]

So I guess one big advantage of 800 Super is their dividends payout ? Another others ?

 

[winorlose]

Colex can huat like Rolex?

Can buy?

Buy liao will huat?

FATA can?

My shifu wahkao will ask

 

[JW2015]

Thanks for letting us aware.

 

[zzxiaoboizz]

So I guess one big advantage of 800 Super is their dividends payout ? Another others ?

super 800 government grant abt 5 mill where as colex is abt 1.5 mil

 

[Shion]

Colex can huat like Rolex?

Can buy?

Buy liao will huat?

FATA can?

My shifu wahkao will ask

Ban him from this thread

 

[winorlose]

Spreads so wide how to buy

 

[Shion]

Seems that Colex is not a good choice as compared with 800 Super ?

 

[SpeedingBullet]

good company but very illiquid

 

[Shion]

good company but very illiquid

Thanks for sharing

 

[wahkao3]

this one buy liao can huat or not? anyone can advise?

 

[wahkao3]

Ban him from this thread

y ban me?

 

[Shion]

this one buy liao can huat or not? anyone can advise?

y ban me?

Bro...Serious reply...

 

[strangerjun]

http://www.straitstimes.com/singapore/food-waste-raises-a-stink-for-recycling

 

[Shion]

http://www.straitstimes.com/singapore/food-waste-raises-a-stink-for-recycling