#2 Second Chance Properties Limited
Second Chance is a locally owned company with businesses in 4 areas. Its 4 core businesses are property investment, retailing of apparel, retailing of gold jewellery, and investing and trading in financial instruments.
As of its latest half-yearly report, Second Chance’s revenue increased slightly by 0.31% to $13.5 million. Its net profit increased by 5.9% to $4.8 million. Free cash flow came in at $2.05 million. Cash balance of the company is at a healthy level of $10.5 million.
The stock price dropped to its 52
weeks low on 8th September, which was at $0.165. The stock fell significantly from the start of the year at $0.271 to its current levels.
Second Chance last closed at $ 0.165 which values it at a P/E of 20.6 and a dividend yield of 5.15%.
#3 Heeton Holdings Limited
Heeton is a real estate company focused on property development, investment and management. It has business presence in Singapore, Thailand, Australia, Japan, Malaysia, Vietnam and the United Kingdom.
As its latest annual report, Heeton’s revenue decreased substantially by 56.6% to $12.7 million. Its net profit turned negative to $8.9 million. Free cash flow came in at a negative $16 million. Cash balance of the company was at a sustainable $58.6 million.
The stock price dropped to its 52
weeks low on 8th September, which was at $0.184. The stock fell significantly from the start of the year at $0.315 to its current levels.
Heeton last closed at $0.315, values it at a dividend yield of 1.6%. P/E is not meaningful due to the negative profits.