tag:blogger.com,1999:blog-7944902213075756335.post3457498729673708274..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Second Chance Properties Ltd.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7944902213075756335.post-4117030640370419722012-12-26T12:32:20.008+08:002012-12-26T12:32:20.008+08:00Hi Lee,
I wonder if that will be the case since e...Hi Lee,<br /><br />I wonder if that will be the case since expenses including remuneration are quite high. <br /><br />Revenue and gross profit were up more than 30% but there was no meaningful increase in net profit. Shareholders might do well to temper their optimism here.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25267093168011419302012-12-26T12:22:19.133+08:002012-12-26T12:22:19.133+08:00Hi,
Thanks for this great article. I'm shari...Hi, <br /><br />Thanks for this great article. I'm sharing the same concern with regard to EPS. However with scrip the company will be able to retain cash for future in tent. If property show signs of weakness next year we can expect the company to grab more properties to their portfolio. My 1c<br /><br />Leehttps://www.blogger.com/profile/04552295926645931633noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54747997482886879962012-12-25T11:58:56.668+08:002012-12-25T11:58:56.668+08:00Hi Desmond,
You are right to be concerned about t...Hi Desmond,<br /><br />You are right to be concerned about the revaluation gains being a big part of the company's profit since property values could easily go the other way in a downturn in the property cycle.<br /><br />There will be time to ponder over this. For now, Merry Christmas! :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63422480171899820512012-12-25T11:52:16.514+08:002012-12-25T11:52:16.514+08:00Hi AK,
Thanks for sharing your thoughts on this c...Hi AK,<br /><br />Thanks for sharing your thoughts on this counter and in the process help me clarify my own thinking about this company.<br /><br />While I am impressed with the Company's past performances, I share the same concern about the Company's future given possible dilution of earning/dividends. I also have doubt about the sustainability of it's earning given it's heavy DTThttps://www.blogger.com/profile/16006976338340885252noreply@blogger.com