[OFFICIAL] Anchun International Holdings (SGX: BTX)

[nagyagyutunder]

anyone vested? so many share buybacks over the past three weeks - https://www2.sgx.com/securities/equities/BTX#Company Announcements

latest 3Q2019 results are amazing:

https://links.sgx.com/FileOpen/AIH_...er Result.ashx?App=Announcement&FileID=585722

looks like the counter is turning positive after a few years in the doldrums, and expect the counter to post solid earnings for FY2019 on the whole

most imptly, company no debt

 

[nagyagyutunder]

current NAV of Anchun: 5.98 RMB / 1.16 SGD (by current forex rates)

severely undervalued.

current price as of 5.04pm today 17 dec 2019 - $0.33

 

[Shion]

But this one is China stock, right ?

 

[nagyagyutunder]

yes china company, but not all s chips are bad

good or bad, still, DYODD

 

[nagyagyutunder]

today tuesday is T+4 from last weeks run up

hopefully all weak holders have been flushed out by tomorrow wed

 

[nagyagyutunder]

anchun, closed at 0.315 on xmas eve

still flushing out weak holders it seems

 

[Weaboo]

i dunddare to touch china stocks liao

 

[nagyagyutunder]

closed 2019 at $0.315, on good volume of 108,000

lets see how it performs in 2020

full year results 2019 estimated to be released on end-feb 2020

 

[nagyagyutunder]

anchun international

currently $0.26 on low volumes

Q4 and full year 2019 results expected in end-feb 2020

expecting volume to increase nearer to final week of feb as results release nears

 

[Seah.tt]

wah... TS why so dedicated to a ulu ulu stock

Sent from CPF Account using GAGT

 

[nagyagyutunder]

wah... TS why so dedicated to a ulu ulu stock

Sent from CPF Account using GAGT

its undervalued, and 2019 full year results are expected to be good

anyone vested? so many share buybacks over the past three weeks - https://www2.sgx.com/securities/equities/BTX#Company Announcements

latest 3Q2019 results are amazing:

https://links.sgx.com/FileOpen/AIH_...er Result.ashx?App=Announcement&FileID=585722

looks like the counter is turning positive after a few years in the doldrums, and expect the counter to post solid earnings for FY2019 on the whole

most imptly, company no debt

got reference got talk

 

[nagyagyutunder]

expecting 2019 full year results latest by this friday 28 feb



$0.26 at closing today, with zero volume.

 

[nagyagyutunder]

https://links.sgx.com/FileOpen/AIH_...ar Result.ashx?App=Announcement&FileID=598780

anchun full year 2019 results


Net profit attributable to owners of the Company

12M2019 VS 12M2018
The net profit attributable to owners of the Company increased by RMB1.1 million from RMB10.5 million in 12M2018 to RMB11.6 million in 12M2019 as explained above.

4Q2019 vs 4Q2018
The net profit attributable to owners of the Company has decreased by RMB1.5 million from a net profit of RMB3.1 million in 4Q2018 to a net profit of RMB1.6 million in 4Q2019 as explained above.


Gross profit and gross profit margin

12M2019 VS 12M2018
Our overall gross profit increased by RMB10 million or 41% from RMB24.4 million in 12M2018 to RMB34.4 million in 12M2019 and our gross profit margin decreased from 22% in 12M2018 to 20% in 12M2019.

The increase in our overall gross profit was mainly due to the following:

1) The gross profit of our Catalyst business increased by RMB3.9 million from RMB 3.2 million in 12M2018 to RMB7.1 million in 12M2019 mainly due to increase of revenue from various product types of catalysts, including catalyst processing business, reduced catalysts, hydrocarbon catalysts and ammonia catalyst. The gross profit margin decreased by 7% from 49% in 12M2018 to 42% in 12M2019, mainly attributable to increase in the proportion of ammonia catalysts sold which contributed lower gross margin in 12M2019.

 

[nagyagyutunder]

NAV per ordinary share (RMB per share)

up from 5.69 in 2018 to 6.05 in 2019

Net asset value per ordinary share as at 31 December 2019 and as at 31 December 2018 were calculated based on the existing number of shares in issue excluding EBT shares and treasury shares of 48,664,900 and 50,056,600 ordinary shares as at 31 December 2019 and 31 December 2018 respectively.

 

[nagyagyutunder]

stellar 2019 full year results by anchun

currently 29 cents, up 5 cents on good volume of about 180,000

 

[nagyagyutunder]

anchun

currently 28cents, close up 4 cents as of yesterday

 

[chowck]

Read somewhere they are proposing 5 cts dividends? Is this true?

That's why it went up 5 cts last 2 days?

 

[nagyagyutunder]

Read somewhere they are proposing 5 cts dividends? Is this true?

That's why it went up 5 cts last 2 days?

Dividend

(a) Current financial period reported on
There is no FY2019 interim dividend paid in the current financial year.
The final dividend declared for the current financial year FY 2019 is as follows:

Name of dividend FY 2019 Final Dividend (proposed)
Dividend type Cash
Dividend rate RMB$0.12 per share - about SG$0.024 per share
Tax rate Tax-exempt (one-tier)

(b) Corresponding period of the immediately preceding financial year
The Company did not recommend or declare any dividend for the financial year ended 31 December 2018.

(c) Date payable
To be announced in due course.

(d) Books closure date
To be announced in due course.

 

[nagyagyutunder]

Read somewhere they are proposing 5 cts dividends? Is this true?

That's why it went up 5 cts last 2 days?

not sure when dividend will be paid though

 

[Shion]

Not yet announce...