HRnetGroup

HRnetGroup

Postby behappyalways » Fri Jun 09, 2017 6:28 pm

HRnetGroup launches $174.1 mil IPO at 90 cents per share
http://www.theedgemarkets.com.sg/hrnetg ... ents-share
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Thu Aug 17, 2017 3:23 pm

hrnetgroup-posts-103-decline-2q-earnings-73-mil-ipo-expenses
https://www.theedgesingapore.com/hrnetg ... o-expenses
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Mon Dec 04, 2017 8:40 pm

hrnetgroup-posts-20-rise-3q-earnings-107-mil
https://www.theedgesingapore.com/hrnetg ... gs-107-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Sun Mar 04, 2018 4:17 pm

HRnetGroup reports 22.4% rise in 4Q17 earnings to $12.2 mil
https://www.theedgesingapore.com/hrnetg ... gs-122-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Thu May 17, 2018 9:10 am

HRnetGroup reports 46% higher 1Q earnings of $16.3 mil
https://www.theedgesingapore.com/hrnetg ... gs-163-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Tue Jun 26, 2018 5:38 pm

HRnetGroup signs definitive agreements to acquire 51% stake in executive search business in China
https://www.theedgesingapore.com/hrnetg ... ness-china
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Sat Nov 10, 2018 6:37 pm

HRnetGroup 3Q earnings up 17.5% to $12.6 mil
https://www.theedgesingapore.com/hrnetg ... 75-126-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Fri Feb 22, 2019 8:30 pm

HRnetGroup reports record FY18 earnings of $52.4 mil
https://www.theedgesingapore.com/hrnetg ... gs-524-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby behappyalways » Mon May 13, 2019 8:11 pm

HRnetGroup sees 18.5% 1Q earnings growth to $19.3 mil despite softer topline
https://www.theedgesingapore.com/hrnetg ... er-topline
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39914
Joined: Wed Oct 15, 2008 4:43 pm

Re: HRnetGroup

Postby winston » Wed Jul 10, 2019 2:30 pm

not vested

HRnetgroup Ltd (SGX: CHZ)

The recruitment company’s stock has fallen from its recent high of S$0.90 to S$0.69.

The market seems to have reacted extremely harshly to the group’s poor first-quarter showing, where it recorded a 2.8% drop in both revenue and gross profit.

However, I feel that the steep fall in price has created a perfect buying opportunity for a company that boasts a rock-solid balance sheet and a long track record of growing its business.

HRnetgroup has a net cash position of S$242 million and has been a healthy generator of cash from operations.

And despite the slight fall in revenue, the group still generated a healthy gross profit of S$35.4 million in the first quarter of 2019. Its net profit to shareholders was S$10.4 million after stripping away one-off revaluation gains and government subsidies. Its revenue has also compounded at an annual clip of 9.0% in the last 10 years.

As with other recruitment firms, HRnetgroup’s business slowed in the last quarter due to the harsh economic environment arising from geopolitical uncertainties, which saw many companies holding back their expansion plans.

However, the long-term prospects of HRnetgroup still remain firmly on course. Despite the near-term setback, the group has kept its foot on the pedal, setting up offices at important regional cities in a bid to expand its business into geographical markets.

North Asia, in particular, has much larger addressable market sizes than Singapore and will be a long-term growth driver for the company.

At its current share price of S$0.69 per share, HRnetgroup Ltd has a low price-to-earnings ratio of 13.6.

Cash alone makes up around 35% of its entire market capitalisation. That gives it an enterprise value of S$383.2 million, which, in turn, translates to an EV-to-EBITDA multiple of just 5.4.

For a company with a long track record of growth, a healthy cash position, and a growing addressable market, its shares at current prices look like a sweet deal to me.

Source: Motley Fool
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118527
Joined: Wed May 07, 2008 9:28 am

Next

Return to H to K

Who is online

Users browsing this forum: No registered users and 4 guests

cron