HUAT AR!!!

Anyone saw StraitAsia's result today?
I cant access them from my office here.....

Saw someone posted: SARS FY09 revenue up 27.9%,GP up 32% & net profit up 7.3%...

Final dividend 2.03 US cents per share, ex date on 11 May 2010!


This post has been edited by zWinceZz: Feb 24 2010, 08:47 PM

the cash is dropping but gearing also decreased....
USD380mil long term debt maturity on 2015 and replayments of 40mil per 6 months interval...

wasted the jembayan's damage, or else they can have more coal produced and more sales...
i think this year should be better since they stockpile coals to sell from last year and the coal price is getting higher too....

This post has been edited by zWinceZz: Feb 24 2010, 09:02 PM

the dividend for the year is attractive, about SGD100 per 1000 shares....

yalor, everyone giving sell call to SAR, some even write TP on 1.50 only....

i forwarded you research papers, 2 from OSPL downgrade to SELL with fair value of 1.73 concern over SAR's 2010 contracts and earnings but DBS vickers still maintain BUY at tp of 3.20

forumers from share junction were saying some broker house having tp of 1.50, cant post the link here...


This post has been edited by zWinceZz: Feb 25 2010, 04:58 PM

Summary: Straits Asia Resources Ltd (SAR) has unveiled a new CEO. The group
has appointed Mr Martin Purvis as successor to Mr Richard Ong. The
appointment will take effect on 1 Mar. Mr Purvis has been a director of SAR
since its IPO in Nov 06, and is also the CEO of SAR's parent company PTT
Asia Pacific Mining. This appointment does not come as a surprise to us as
we have previously highlighted the possibility of a change of leadership.
With his extensive background in the resource industry, Mr Purvis appears
to be well-suited for the role. We will have more updates after the
company's conference call scheduled sometime in the middle of this week.
For now, we maintain our SELLrating and S$1.73 fair value estimate. (Lee
Wen Ching)

roller coaster riding down hill liao, fasten your seat belts!!!

ya...most of the singaporean gambler would prefer to go MBS as it is nearer but for those that having family, they would choose to go RWS becase they can park their children in USS while they are gambling in casino

Those aunties and uncles want to watch getai can head to RWS for it too....hahaha

haha...really dont underestimate the greed of human, now there are a lot of complains on taxi that parked in RWS for doesn't fetch customers.
Those taxi drivers are there to gamble themselves as their part time job now...

actually if you see the queue in Singapore's toto and 4D, you should know a lot of Singaporeans are trying their luck to get more money for their high daily expenses so no surprise they will try their luck in casino too...

i think that's why the price keep sliding down after the announcement of MBS's opening...

look at the brighter side, some visitors are actually waiting for both casinos to open so they can try their luck in both casinos in one visit, anyway also Singapore government is the only winner after all....

i think airasia going to have route in Japan soon (should be tomorrow)...

This post has been edited by zWinceZz: Mar 2 2010, 03:11 PM

ya....SAR's dividend will auto convert and then bank in to my account...

Dr Chan had spoken!!!


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latest news update on Resort World:
Universal Studios Singapore will open at 8:28am on March 18, 2010.

On Lai 218, USS 318 faster go buy 4D...hahaha

haha buy on rumors then, it will be a very very huge news for GentingSP if this rumor is true...

For GentingSP shareholders:

someone came out a fairy tale for it:
http://wealthbuch.blogspot.com/2010/03/gen...ale-sequel.html