CWT Ltd *Official* (SGX: C14)

[macguire]

as above... what do you think?

i am buying a couple...

 

[addict951]

no
do not buy on uptrend

 

[macguire]

no
do not buy on uptrend

i bouhgt 4 lots... i dun believe in "buy low sell high"

the trend looks positive...

 

[Paul Lee]

i bouhgt 4 lots... i dun believe in "buy low sell high"

the trend looks positive...

Very wise. 'Buy low sell high' seldom works. But 'buy high and sell higher' works better. Good luck!

 

[macguire]

today shot up by 5.4%... +ve trend expected ahead!

glad i bought!

 

[macguire]

any comments?

 

[zonetechs]

does not reflect the whole picture as there are still some hidden risk factor involve if you know what i mean

 

[macguire]

pls explain. thanks!

 

[macguire]

up by 0.065 as of current! +8.3%

 

[Paul Lee]

I think some of the recent run up can be explained from their announcement that they are divesting its logistics facilities. Details here .

Kim Eng estimated a one-off gain of around 100-120 million if the plan goes through. It has a $1.15 target on the stock and recommends a buy.

My view is that CWT has a substainable business model with a good management team in place. It is gradually making a headway into China which may be an impetus for future growth. I also like their cold hub facility just because its a niche area and not many logistics player are in, unlike other area of the logistics industry.

I remained bullish on the prospects of this stock. Vested.

 

[macguire]

CWT up by 7.7%, close at .84 was tempted to sell at the high of .865 but i believe it will do better in the new year.

hopefully it will divest 2 of its ppty, and dividend awaits!

 

[macguire]

SINGAPORE: Mainboard-listed logistics services provider CWT is buying a 70 per cent stake in a security firm called Force 21 Equipment.

http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1029845/1/.html

 

[Paul Lee]

Not sure what CWT is trying to do with this one. I doubt anyone outside of the industry have heard of the company. Still at 7 million, its hard to tell if they have overpaid for the stake since no revenue figures is available. So the jury is out on this one. 7 million is not a big sum so its practically negligible either way.

 

[addict951]

S$7mio negligible?
Paul, you gotta be kidding me.
For a company of CWT's size, that S$7mio is enuff to plunder the cashflow and increase gearing (if they're going to borrow).

 

[twosix]

i bouhgt 4 lots... i dun believe in "buy low sell high"

the trend looks positive...

If you are buying for long term, it should be a good stock. I've been holding this for 2 yrs or more now. I'm happy to hold it long term.

 

[Krug]

Long term wise, I believe security is a good investment. The world is sadly, becoming an increasingly dangerous place. But as Paul says, hard to say whether they've overpaid.

 

[macguire]

since my last post, CWT has rise to 0.975 as of current!
resistance level at 0.97... and they annoucing speical div of 0.15!

 

[Nakedtoes]

SOng lar... Now seating on 100% profit from this stock..

 

[Paul Lee]

since my last post, CWT has rise to 0.975 as of current!
resistance level at 0.97... and they annoucing speical div of 0.15!

Where did you get the info they are paying special dividend of $0.15? I dun see any announcement made on the paying of special dividend. So is it speculation on your part following their divestment of Cold Hub and Commodity Hub?

 

[MikeL09]

CWT, anybody?

At the current bidding price 0f 94 cts, I am beginning to seriously eye this counter. I think it is quite diversified and has pretty good fundamentals. Seems like a good price to enter since it has come down quite a bit from its recent high.
Any comments from the floor?