800 Super in Focus

800 Super in Focus

800 Super (20 July 2017) close: S$1.300 Mean Target price: S$1.570 1.) Sector: Environment/Sanitation 2.) Core business structure: Waste disposal and cleaning services 3.) Segment that generates the highest revenue: Waste Management 4.) Countries that the business operates: Singapore, Batam 5.) Challenges: Increase of costs due to the rise in foreign worker levies, and maintenance of added motor vehicles due to the rise in commercial activities (Financial Performance) 6.) Strengths: Expenditures were resourcefully managed through various production initiatives- namely, refining their resources management, and service team education with relevant equipment….

3Cnergy in Focus

3Cnergy in Focus

3Cnergy in focus (502.SI) (14 July 2017) close: S$0.052 Mean Target price: S$- (No research houses covering; No consensus estimates are available) 1.) Sector: Investment holding. 2.) Core business structure: Property development. 3.) Segment that generates the highest revenue: Real estate and property development consultancy. 4.) Countries that the business operates: Singapore and Malaysia. 5.) Challenges: Lacklustre property demand in Johor; high supply of properties in the last 2 to 3 years; tightening of mortgage loan approvals. 6.) Strengths: Affordably priced and unique property products that cater to market segments…

NEO Group in Focus

NEO Group in Focus

NEO GROUP (BUJ.SI) (14 June 2017) close: S$ 0. 67 Mean Target price: S$ 0. 68 1.) Sector: Catering company 2.) Business Segments: (a) Food catering business (b) Food retail business (c) Food and catering supplies business (d) Food manufacturing (e) Food trading (f) Other businesses (Other businesses segment involved in the design, marketing and distribution of floral arrangements, gifts and hampers and manufacturing of bread, cakes and confectionery.) 3.) Countries that the business operates: 29 countries 4.) Challenges: Given its high gearing ratio, there are little room for the business to…

Qian Hu in Focus

Qian Hu in Focus

Qian Hu (BCV.SI) (29 March 2017) close: S$ 0. 18 12-M Target price: S$ 0. 16 1.) Sector: Ornamental fish service provider 2.) Core business structure:  Accessories, Fish and Plastics contribute 46.8%, 39.4% and 13.8% of the group total revenue respectively.  3.) Business Segments: There are 4 segments. Fish – includes fish farming, breeding, distribution and trading of ornamental fish; Accessories – includes manufacturing and distribution of aquarium and pet accessories Plastics – includes manufacturing and distribution of plastic bags Retail – Integrated approach to all core products plus value added services through retail chain…

Challenger Technologies in Focus

Challenger Technologies in Focus

Challenger (5l0.SI) (23Feb2017) close: S$ 0.475 12-M Target price: S$ 0.450 1.) Sector: IT products retailer 2.) Core business structure:  Their core business is IT products and services segment. 3.) Business Segments: There are 3 segments. The IT products and services segment is involved in retailing a large selection of IT products including personal computers, notebooks, printers, scanners, digital imaging solutions, personal digital assistants, mobile and wireless connectivity solutions, audio-visual and projection equipment, and related peripherals. The electronic signage services segment is involved in the supply and installation of electronic signages and provision of…

QT Vascular in Focus

QT Vascular in Focus

QT Vascular (5l0.SI) (2Feb2017) close: S$ 0.061 12-M Target price: S$ 0.050 1.) Sector: QT Vascular is engaged in the the design, assembly and distribution of balloon catheters used in angioplasty. (Healthcare) 2.) Core business structure:  Sales of its Chocolate® PTA Balloon Catheter (“Chocolate PTA”) and Glider PTCA.  3.) Business Segments: The Group has one business activity and there are no segment managers who are held accountable for operations, or plans for levels or components below the consolidated unit level. Accordingly, the Group operates as a single reportable segment.  4.) Countries that the…