Sing Holdings

[bargainhunter]

Q3 earnings $2.6mil and 9M earnings $9.3mil.

Full year earnings should hit $12.6mil easily, given higher Q4 recognition from increased sales of Parc Botannia in Q3 (time lapsed in recognition) and increased sales in early October and early November 2018.  Full year eps estimated to rise to at least 3.2cts. Investors can expect higher divds of at least 2cts, given the highest cash holdings accumulated ever in Jan 2019.

Singholdings has the habit of paying low dividends in non TOP years even though they have the ability to pay 2c.  Chances are they will continue to pay 1c or at best 1c+ dividend for FY2018 and FY2019.  The big dividends will only come when Parc Botannia obtains TOP towards the end of 2020.

With insiders buying furiously between 38 and 39c, the downside is limited so its a safe buy at current prices.  however, to reap the maximum benefits, holding period should be 3+ years.