Challenger Technologies

[safetyfirst]

congrats to those who believed in challenger
Last time I told my friends about challenger and they kept laughing at me
they say sim lim will own challenger gao gao and I'm wasting my time and money with challenger
now guess who has the last laugh ^^

anyway challenger could earn about 5 cents per share this year
if the stock price goes to 60 cents that would be about 12 times earnings
at 12x I think challenger could be fairly priced already, however market may price it as high as 15 times earnings for 75 cents
we shall see, good luck guys ^^

Challengers has proven that it can perform over many years of competition. In terms of IT retailing, i think it is already one of the largest in singapore. And it has solid and profitable operations

Despite talks of online competition, it has managed to hold its ground and increase profits at a decent rate over the years. Even a p/e of 16-18 is not too much to ask for in a company that can continue to grow!

Let's not forget about its decent dividend yield too.

....
Amazon may sell some products cheap but it really isnt making money. IMHO, Amazon is just fighting for market share at the expense of its shareholders and in the process, it certainly benefits consumers. Its shareholders is basically subsidising consumers.

[Drizzt]

congrats to those who believed in challenger
Last time I told my friends about challenger and they kept laughing at me
they say sim lim will own challenger gao gao and I'm wasting my time and money with challenger
now guess who has the last laugh ^^

anyway challenger could earn about 5 cents per share this year
if the stock price goes to 60 cents that would be about 12 times earnings
at 12x I think challenger could be fairly priced already, however market may price it as high as 15 times earnings for 75 cents
we shall see, good luck guys ^^

sounds to me you are vindicated though what they say may eventually happen in a different way.

still you are good to trust your analysis

[felixleong]

thanks a lot man ^^

[pianist]

How can U concentrate yr stock to just four counters? U must have analyzed somewhat?

[felixleong]

Hm.. for me, maybe its because I only invest in stocks that's within my circle of competence, which is quite small so there's only a handful of stocks that I truly understand.

to be honest I kinda follow warren buffett's style, if you find something you really like, one must be willingly to make a big bet.
like how warren bet on Coke, he spent about 2.5 years only buying coke at an average 13 times earnings, it turn out to be one of his best investments.

Over the last 3 years, I managed to build up a position challenger from a range of 5 times earnings to 10 times earnings.

Cheers ^^

[CityFarmer]

congrats to those who believed in challenger
Last time I told my friends about challenger and they kept laughing at me
they say sim lim will own challenger gao gao and I'm wasting my time and money with challenger
now guess who has the last laugh ^^

anyway challenger could earn about 5 cents per share this year
if the stock price goes to 60 cents that would be about 12 times earnings
at 12x I think challenger could be fairly priced already, however market may price it as high as 15 times earnings for 75 cents
we shall see, good luck guys ^^

Challengers has proven that it can perform over many years of competition. In terms of IT retailing, i think it is already one of the largest in singapore. And it has solid and profitable operations

Despite talks of online competition, it has managed to hold its ground and increase profits at a decent rate over the years. Even a p/e of 16-18 is not too much to ask for in a company that can continue to grow!

Let's not forget about its decent dividend yield too.

....
Amazon may sell some products cheap but it really isnt making money. IMHO, Amazon is just fighting for market share at the expense of its shareholders and in the process, it certainly benefits consumers. Its shareholders is basically subsidising consumers.

Base on market averages,

- FTSE ST Consumer Services Index, average PE of ~20
- Information Technologies Sector, average PE of ~26
- Retail Sector, average PE of ~21

Yes, a PE of 16-18 for the company is definitely feasible , IMO

[felixleong]

Wow, didn't know the PE was so high

"- Information Technologies Sector, average PE of ~26"

thanks for the info

[felixleong]

challenger will release results tomorrow night
if the earnings are up qoq a lot that means its probably insider buying up this counter before results
yoy the stock price is up over 40%, something brewing? or insiders buying?
we shall see ^^

[CityFarmer]

challenger will release results tomorrow night
if the earnings are up qoq a lot that means its probably insider buying up this counter before results
yoy the stock price is up over 40%, something brewing? or insiders buying?
we shall see ^^

Yes, looking forward for the result, and interim dividend.

(vested)

[kopitescouser]

im predicting revenue to drop slightly and gross profit remains around the same and there will be an interim dividend. hehe. 3rd quarter will be much much better