Straco -- gem?

More
26 Jun 2018 10:07 - 26 Jun 2018 10:29 #24395 by Big Fish
Replied by Big Fish on topic Straco -- gem?
Straco announced that its insurance claim for SG Flyer stoppage is facing resistance from insurer due to exclusion clauses (Haha...insurers!). From investor pt of view, not a big issue as it is a one-off event.

Straco had $193 million cash (net cash:$146 m) as at end 1Q2018. With SG Flyer up and running, by end-2Q, cash should go past $200 million. The market cap is $650 million, valuing the operating assets at only $500 m when they generate about $50 m profit annually.
Last edit: 26 Jun 2018 10:29 by Big Fish.

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

More
31 Mar 2019 08:57 #24706 by BNN
Replied by BNN on topic Straco -- gem?
First time in a long time: buying up in decent volume. And closing at 80 cents.
Attachments:

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

More
05 Jul 2019 09:20 - 05 Jul 2019 09:24 #24859 by BNN
Replied by BNN on topic Straco -- gem?
In BT today.





Attachments:
Last edit: 05 Jul 2019 09:24 by BNN.

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

Share Prices

Counter NameLastChange
AEM Holdings1.150-
AusGroup0.023-
Avi-Tech Electronics0.270-
Best World Int.1.360-
CEI0.9400.025
China Sunsine1.030-0.020
CNMC GoldMine0.285-
CSE Global0.4450.010
Eagle HTrust USD0.685-0.005
Food Empire0.520-0.015
Golden Energy0.187-0.001
GSS Energy0.0730.001
ISDN Holdings0.215-
ISOTeam0.230-
JB Foods0.640-0.005
KSH Holdings0.440-0.005
Miyoshi0.040-
Moya Asia0.068-
Nordic Group0.265-
Oxley Holdings0.305-
Procurri0.320-
REX International0.0830.007
Riverstone0.9250.010
Roxy-Pacific0.375-0.005
Sing Holdings0.395-
SingMedical0.320-0.020
Straco Corp.0.730-0.010
Sunningdale Tech1.300-
Sunpower Group0.450-0.010
The Trendlines0.0830.001
Tiong Seng0.210-
Uni-Asia Group0.730-0.005
Yangzijiang Shipbldg0.915-0.015

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1132 guests and no members online