Straco -- gem?

More
26 Jun 2018 10:07 - 26 Jun 2018 10:29 #24395 by Big Fish
Replied by Big Fish on topic Straco -- gem?
Straco announced that its insurance claim for SG Flyer stoppage is facing resistance from insurer due to exclusion clauses (Haha...insurers!). From investor pt of view, not a big issue as it is a one-off event.

Straco had $193 million cash (net cash:$146 m) as at end 1Q2018. With SG Flyer up and running, by end-2Q, cash should go past $200 million. The market cap is $650 million, valuing the operating assets at only $500 m when they generate about $50 m profit annually.
Last edit: 26 Jun 2018 10:29 by Big Fish.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings0.7300.020
Alliance Mineral0.250-0.015
AusGroup0.041-
Avi-Tech Electronics0.350-
Best World Int.1.3500.010
China Sunsine1.010-
DISA Limited0.0080.001
Dutech Holdings0.250-
Federal Int. (2000)0.2700.015
Food Empire0.5700.020
Geo Energy0.230-
Golden Energy0.255-0.005
GSS Energy0.127-0.001
Heeton Holdings0.5150.015
ISOTeam0.275-0.005
KSH Holdings0.555-
Lian Beng Group0.5050.005
Miyoshi0.0550.001
Nordic Group0.465-0.005
Oxley Holdings0.330-
REX International0.108-0.006
Riverstone1.1700.010
Roxy-Pacific0.4000.005
Serial System0.1490.004
Sing Holdings0.385-0.010
Sino Grandness0.197-0.003
Straco Corp.0.7350.005
Sunningdale Tech1.350-
Sunpower Group0.5650.010
The Trendlines0.108-
Tiong Seng0.3100.005
Trek 2000 Int.0.0950.004
Uni-Asia Group1.300-
XMH Holdings0.220-
Yangzijiang Shipbldg1.1300.020

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1222 guests and no members online