Stocks to Watch

re sunpower. yeah, still no visibility on who bought at 75 cents. anyway we can buy at big discount at 55 cents now.

property stocks also look oversold cos the cooling measures are one thing but don't forget the 5,000-6,500 households who will pour into the market to buy replacement homes after they move out of their en-bloc-ed homes.

ISDN Holdings: Motion control solution specialist

■ ISDN has more than 30 years of experience in engineering solutions, with core strength in motion control systems.

■ 1Q18 net profit of S$5.2m represents 55% of FY17 net profit of S$9.5m.

■ Its net cash per share as at end Mar-2018 represented 25% of its share price on 19 Jun 2018.

■ ISDN has a 25% dividend payout policy and has been paying dividends for the past five years.

■ ISDN trades at a historical FY17 P/BV of 0.55x against 85% yoy net profit growth in FY17.

AUSGROUP looks like a turnaround story which is compelling. Just reported A$13.5 million profit for full yr. +195% jump.

The strong Q4 FY2018 results represent the seventh consecutive quarter of profitability.


Market cap $69 m --> PE of 5X only.

infopub.sgx.com/FileOpen/AusGroup%20Q4%2...cement&FileID=523306

Delong has surprised the market by declaring an interim dividend of 55 cents.
It didn't declare any dividend when it announced its 1H18 results, so why suddenly?
It's great news for shareholders anyway, as the last dividend was in 2008.

sharing positive info from Vincent at
www.valuebuddies.com/thread-7716-post-149401.html#pid149401

"Have a big dividend yield thanks to early investment. Hopefully they could give final dividend as well and at the same time expanding their business not just in steel mill but also in other industry(China is still a land full of opportunity). The dividend actually potentially reflect another good news. It could indicate the cash at indonesia project is sufficient after the capital injection. which will also mean it is likely the steel mill will operate in schedule. If Chinese government keep its current policy the steel price would remain stable. In addition, price will be less volatile as the consolidation really go as government plan.

Val wrote:

ISDN Holdings: Motion control solution specialist

■ ISDN has more than 30 years of experience in engineering solutions, with core strength in motion control systems.

■ 1Q18 net profit of S$5.2m represents 55% of FY17 net profit of S$9.5m.

■ Its net cash per share as at end Mar-2018 represented 25% of its share price on 19 Jun 2018.

■ ISDN has a 25% dividend payout policy and has been paying dividends for the past five years.

■ ISDN trades at a historical FY17 P/BV of 0.55x against 85% yoy net profit growth in FY17.

--- Share price 21.5 cents is very cheap, as the net cash is 7 cents and there is strong earnings growth so far this year.