Nordic Group

More
06 Apr 2015 14:07 #22028 by Bestworld
Replied by Bestworld on topic Nordic Group
Breaking out.....

Please Log in or Create an account to join the conversation.

More
14 Apr 2015 05:42 - 14 Apr 2015 23:27 #22067 by axe
Replied by axe on topic Nordic Group
Briefly glanced through Nordic's annual report. Seems like the company is confident of closing the deal with AE as it is mentioned in the report several times. Furthermore, they reiterated their committed to a 40% dividend payout and surprisingly initiated a share buyback mandate.

No material changes from the initial analysis except for the share buyback which is a positive.

Update: Sale and Purchase Agreement filed. Acquisition will be no later than 30th June and contingent on getting shareholder approval in the EGM.
Last edit: 14 Apr 2015 23:27 by axe.

Please Log in or Create an account to join the conversation.

More
17 Apr 2015 16:51 #22085 by Bestworld
Replied by Bestworld on topic Nordic Group
The best is yet to come!

Please Log in or Create an account to join the conversation.

More
20 Apr 2015 17:56 #22094 by Rich
Replied by Rich on topic Nordic Group
Nordic clinches scaffolding contract worth S$7 million for Chevron’s new process units

This is not the same type of contract as that for shutdown/mainentance for Chevron, right? Spread over 2 years, the revenue per year is about $3.5 M but company said "with bulk of the work done scheduled in FY2016."

Please Log in or Create an account to join the conversation.

More
22 Apr 2015 15:29 #22102 by Bestworld
Replied by Bestworld on topic Nordic Group
More upside expected...

Please Log in or Create an account to join the conversation.

More
22 Apr 2015 18:37 #22105 by gangho
Replied by gangho on topic Nordic Group

Bestworld wrote: More upside expected...


What is the chance? Isn't the PE is quite high at 9+ now for a penny which is relatively unknown in the market place?

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings1.1300.030
Alliance Mineral0.125-0.003
Anchor Resources0.014-
AusGroup0.027-
Avi-Tech Electronics0.2850.015
Best World Int.1.360-
China Sunsine1.1400.010
CSE Global0.480-0.005
Food Empire0.495-
Geo Energy0.157-
Golden Energy0.2050.005
GSS Energy0.0840.003
HMI0.715-
ISDN Holdings0.235-
KSH Holdings0.420-
Miyoshi0.043-
Moya Asia0.076-
Nordic Group0.2900.005
Oxley Holdings0.330-
REX International0.0680.001
Riverstone0.915-0.005
Roxy-Pacific0.390-0.005
Sing Holdings0.405-
SingMedical0.380-0.005
Sino Grandness0.0500.004
Straco Corp.0.755-0.005
Sunningdale Tech1.4000.010
Sunpower Group0.480-
The Trendlines0.078-0.002
Tiong Seng0.230-
Uni-Asia Group0.7550.010
XMH Holdings0.153-
Yangzijiang Shipbldg1.5200.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1359 guests and no members online