Union Gas Holdings Limited (SGX:IF2) – Under-appreciated Cash Flow Machine with 7.5% Yield

Union Gas Holdings Limited (SGX:IF2) has reported an increase in profits for FY19 and ended the period with $6.8 million of free cash flows.The double digit growth in revenue and profit is due to the incorporation of their commercial LPG business and it can have a positive impact on Union Gas's future earnings.The COVID-19 will … Continue reading Union Gas Holdings Limited (SGX:IF2) – Under-appreciated Cash Flow Machine with 7.5% Yield

Teckwah Industrial Corporation (SGX:561) – Cheap Value Play, But Execution is Key

Summary Teckwah Industrial Corporation (SGX:561) trades at 30% discount to tangible book value and EV/EBIT of 6.83.Part of the performance decline in FY18 is due to the ongoing trade war.The company has been generating consistent free cash flow with current dividend yield of 3.3%.Teckwah is implementing a transformation plan which will provide near term and … Continue reading Teckwah Industrial Corporation (SGX:561) – Cheap Value Play, But Execution is Key

Straits Trading (SGX:S20) – Value Unlocking Continues but…

Real estate company Straits Trading (SGX:S20) is valued by the company at a 44% discount to its net asset value of $3.66 based on its current share price of $2.07. If based on my RNAV calculation done in my previous post (see here), it would be trading at 43% of RNAV of $4.79. I decided … Continue reading Straits Trading (SGX:S20) – Value Unlocking Continues but…

CNMC Goldmine (SGX:5TP) – Time to Shine Again?

Gold's rally in 2019 is not showing any signs of abating, with prices climbing to fresh highs amid uncertainty in global markets. I've decided to take a look at CNMC Goldmine to see if there are any investing opportunities. Company Background CNMC Goldmine Holdings Limited is a Singapore-based investment holding and management company. The Company … Continue reading CNMC Goldmine (SGX:5TP) – Time to Shine Again?

Straits Trading (SGX:S20) – Multiple Growth Platforms in this Deep Value Play

I hate debt. Mainly because I have seen lots of company collapse due to poor debt management. Straits Trading was one company which I used to avoid due to its low equity to debt and cash to debt ratio. However, looking away from all that, I feel that this is a company with lots of … Continue reading Straits Trading (SGX:S20) – Multiple Growth Platforms in this Deep Value Play

Vicom (SGX:V01) – The Most Buffet-esque Company in SGX?

What are some of the qualities in a company that Warren Buffet is known to seek? Well, there is durable competitive advantange, positive free cash flow, high return on equity and of course, he like companies with high enough earnings yield that appear to be trading at a good price. Listed on SGX, we have … Continue reading Vicom (SGX:V01) – The Most Buffet-esque Company in SGX?