tag:blogger.com,1999:blog-28021668.post8437152950194421900..comments2023-10-12T21:12:41.408+08:00Comments on Value Investment - Musicwhiz's Journey: Musicwhizhttp://www.blogger.com/profile/10950754156386935254noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-28021668.post-9615790868063175792007-07-31T19:06:00.000+08:002007-07-31T19:06:00.000+08:00Yes Kelvin,I think the company is in good hands to...Yes Kelvin,<BR/><BR/>I think the company is in good hands too. Management is capable and honest and even though they may seem conservative, at least they are not full of hot air like some other CEOs of listed companies. I value integrity and down-to-earth people.<BR/><BR/>As for Phillips' TP, I will ignore it. I don't believe in target prices as long as a company shows growth.Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-30912019181192451622007-07-31T14:28:00.000+08:002007-07-31T14:28:00.000+08:00Sorry just noted that I double post...Anyway, I th...Sorry just noted that I double post...<BR/><BR/>Anyway, I think the company is in good hands although I always feel that Mr Wong is sometime too conservative in execution...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-44570804201864362832007-07-31T14:26:00.000+08:002007-07-31T14:26:00.000+08:00Thks for sharing Musicwhiz. Seems like some good ...Thks for sharing Musicwhiz. Seems like some good news coming. The Qs are good! How many shareholders are there? I wanted to attend but work did not allow that. Seems like more good news coming? Btw, Philips just raised the target price to $2.40+<BR/><BR/>Boustead shd seperate Boustead projects and the rest. I think there are more value to unlock that way.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28021668.post-14526398581698909542007-07-31T09:59:00.000+08:002007-07-31T09:59:00.000+08:00Hi Kelvin,There were not many people present, just...Hi Kelvin,<BR/><BR/>There were not many people present, just probably about 10 or so shareholders but they really seemed very serious.<BR/><BR/>I think what Mr. Wong meant was that there were more contracts lined-up to be announced in the coming month but he cannot be too explicit or it would contravene SGX rulings on selective disclosure. Also note that on the evening of the AGM, Boustead announced their largest contract to date of S$74 million.<BR/><BR/>As to the splitting up of their business units, too bad no one actually asked that. There was talk some time back about Salcon doing an IPO but that was scrapped as they had only just begun turning around.<BR/><BR/>Perhaps some time in the future, they can consider that ? :)Musicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.comtag:blogger.com,1999:blog-28021668.post-9208008686240386072007-07-31T08:51:00.000+08:002007-07-31T08:51:00.000+08:00Hi MusicwhizThis is a detailed record of the AGM. ...Hi Musicwhiz<BR/><BR/>This is a detailed record of the AGM. Thx! Must say the Qs raised are good. Were there many shareholders? I wanted to attend but work did not permit.<BR/><BR/>This point seems interesting. Can elarborate? "On the Energy side, he mentioned that the Group has secured some projects (some of which are significant) which will be announced in due course. He anticipates some related announcements to be made in August 2007"<BR/><BR/>I think better value can emerge if they split Boustead projects and the rest. Just by renaming the remaing as Boustead Environment & Energy and the value will surge.Anonymousnoreply@blogger.com