traders.lt - Forumas Tema: SAF1R - SAF Tehnika https://www.traders.lt/forums.php?m=posts&q=436 Sat, 03 Dec 2022 06:46:02 +0200 FeedCreator 1.7.2-ppt (info@mypapit.net) https://www.traders.lt/skins/traders/img/logo_big.png traders.lt - Forumas https://www.traders.lt/forums.php?m=posts&q=436 212 41 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=729481#729481 true -> somehow miss read SAF ASIA purchase date (though it was in OCT month) thanks Thu, 10 Nov 2022 15:46:37 +0200 https://www.traders.lt/forums.php?m=posts&p=729481#729481 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=729476#729476 No. Its for new subsidary enterprise in Asia. "SAF Tehnika announces the establishment of a subsidiary in Asia Riga, 2022-09-01 06:46 CEST -- JSC SAF Tehnika (NASDAQ:SAF1R) announces the establishment of a subsidiary SAF Asia Ltd in Singapore. The company will be wholly owned by JSC SAF Tehnika." Thu, 10 Nov 2022 15:20:08 +0200 https://www.traders.lt/forums.php?m=posts&p=729476#729476 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=729455#729455 p.s. do I understand correctly SAF paid "bonuses" to USA management via repurchase of USA company's stocks: (from their CF report) NET CASH USED IN INVESTING ACTIVITIES (of which) -877 430 -43 552 [b]Cash paid for purchasing shares in subsidiary -201 898 0[/b] Thu, 10 Nov 2022 12:45:58 +0200 https://www.traders.lt/forums.php?m=posts&p=729455#729455 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=729418#729418 jeronimas, I agree :yes Wed, 09 Nov 2022 22:18:09 +0200 https://www.traders.lt/forums.php?m=posts&p=729418#729418 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=729404#729404 https://view.news.eu.nasdaq.com/view?id=bca735cf1a4b491de0374b5fc6bfe3ed7&lang=en Really strong q1 :) doubled more bottom row. Despite doubled AR increase seems like no worries on bad debts so new year looks promising Seems like first time in last 5y if not mistaken in bank loans entering SAF really has a need of inventory to maintain revenue pipeline + it seems like they had gave quite generous payment terms for clients . Wed, 09 Nov 2022 19:02:58 +0200 https://www.traders.lt/forums.php?m=posts&p=729404#729404 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=728771#728771 Although the 2mln dividend looks the same as last year, it is not. At least for residents of Latvia. This is the first year that income tax will be paid by SAF tehnika, so the shareholders will get 20% more than last year. ... Mon, 31 Oct 2022 22:21:28 +0200 https://www.traders.lt/forums.php?m=posts&p=728771#728771 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=728769#728769 Conservative approach of div. Same as last year almost though EPS has doubled, but cash is the king rule applied :) cash is reserved in doubled inventory and receivables Some interesting take aways on audit financials :) one of them accounts receivable improvement :) +2m eur to fall in next quarters. >200% improvement from last year :) Mon, 31 Oct 2022 21:41:43 +0200 https://www.traders.lt/forums.php?m=posts&p=728769#728769 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=728761#728761 The Board of the Parent company proposes to pay dividends of EUR 2 million. https://view.news.eu.nasdaq.com/view?id=b8c8d1613f3b265b6307901d2e5d07c17&lang=en Mon, 31 Oct 2022 18:54:21 +0200 https://www.traders.lt/forums.php?m=posts&p=728761#728761 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=722740#722740 Q4 was 5/10 results -> huge investments done in stock/inventory (cash placed there) if it will secure from Q1 lack of raw material to generate profit this will really pay off. Q4 with only 10% netprofit margin -> does really look weak. Extra costs in marketing, raw material and personal wasn't really partly covered by revenues. + moved/rented new premises -> so seems like plan is to expand further. ... Wed, 10 Aug 2022 18:42:49 +0200 https://www.traders.lt/forums.php?m=posts&p=722740#722740 SAF1R - SAF Tehnika (Hackeis) https://www.traders.lt/forums.php?m=posts&p=722737#722737 manau rinka tikėjosi bent jau panašiu ketvirčio rezultatų kaip praeitais metais, tačiau yra kaip yra. Akivaizdu, kad kažkiek reikia pradėti mąstyti ir rožinius akinius nusiimti. Kitiems metams lūkesčiai būtų jau nebe 6mln. pelno kaip šiais metais uždirbo, o 4 mln. pelno max. Taigi ir visi rodikliai mano manymu jau yra atsistoję į savo vietas t.y. prie dabartinės kainos jau apie 10 p/e kitiems metams, taigi vertinant jau įverčiai pakankamai dideli tapo. ... Wed, 10 Aug 2022 18:15:41 +0200 https://www.traders.lt/forums.php?m=posts&p=722737#722737 SAF1R - SAF Tehnika (Better) https://www.traders.lt/forums.php?m=posts&p=722735#722735 [url=https://view.news.eu.nasdaq.com/view?id=b9e954426697a67785cf92ab89a467e03&lang=en]https://view.news.eu.nasdaq.com/view?id=b9e954426697a67785cf92ab89a467e03&lang=en[/url] On paper, Q4 result looks average at best. But isolating one-off effects (marketing, other special activities), the result should be similar to last year. Regarding dividends, I don't expect an increase to what was paid last year ~0,70 Eur. Cash position has weakened. Wed, 10 Aug 2022 16:55:07 +0200 https://www.traders.lt/forums.php?m=posts&p=722735#722735 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=722225#722225 I join the forecast! One position makes me wary. To pay cool dividends, you need a good amount of cash; In the last quarters, there was a rapid increase in the amount of inventory; In the next results, we would like to see an increase in cash; However, EUR 1 per share in dividends this year should be a conservative assessment; Tue, 02 Aug 2022 20:35:07 +0200 https://www.traders.lt/forums.php?m=posts&p=722225#722225 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=722187#722187 ok - even better :) sad it won't be visible on this year financials (in 8 days) -> but even if it ~1m EUR (0,2m EUR in profit) strong push forward :) in week we will get info about last year results. My personal conservative FC is: -37-38m EUR revenue - 7,0-7,5m EUR in net profit P/E ~5 EPS >2,5 -> div min 1 EUR/@ (8% div yield) What figures expect others? Tue, 02 Aug 2022 12:42:06 +0200 https://www.traders.lt/forums.php?m=posts&p=722187#722187 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=721717#721717 [quote][b]jeronimas[/b] [2022-07-26 20:30]: Nice :) this what about 0.5m sur in revenues 0.1m eur in profit (including 10k extra pay and been for team delivering this) :) [/quote] Price for One Aranet4 Pro is 240 Eur. Discount for big customer, let's say, 15% - it's more than 1,4 m in revenues; :) Wed, 27 Jul 2022 10:26:54 +0200 https://www.traders.lt/forums.php?m=posts&p=721717#721717 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=721695#721695 P.s. eur I mean and 10k Eur for beer :) autocorrect doesnt help always :) Wed, 27 Jul 2022 07:23:25 +0200 https://www.traders.lt/forums.php?m=posts&p=721695#721695 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=721683#721683 Nice :) this what about 0.5m sur in revenues 0.1m eur in profit (including 10k extra pay and been for team delivering this) :) Tue, 26 Jul 2022 19:30:00 +0200 https://www.traders.lt/forums.php?m=posts&p=721683#721683 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=721658#721658 Saf Tehnika in one working day reconfigured 7000+ Aranet4 PRO devices and prepare the largest delivery so far! https://twitter.com/AranetIoT/status/1551530600082952192?s=20&t=Bd7fDiS-29v7560Q5isT-Q Tue, 26 Jul 2022 13:11:12 +0200 https://www.traders.lt/forums.php?m=posts&p=721658#721658 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=716826#716826 After review of financials -> I don't change any view upon SAF. Slightly worrying couple of BS rows (inventory/AR), but company continue to become USA based company :D Interesting to see who salaries/bonuses are correliating with results and it seems like a great place to work :) as for annual overview same figures as abot (they are conservative) and ~1 EUR/div -> with today's price ~8,3% div yield (and P/E only at ~5-5.2 range... ... Fri, 20 May 2022 08:46:31 +0200 https://www.traders.lt/forums.php?m=posts&p=716826#716826 SAF1R - SAF Tehnika (jeronimas) https://www.traders.lt/forums.php?m=posts&p=716201#716201 I remain on FC below + some adjustment on Optimistic scenarios, but will not share as for now :) p.s. some balance sheet rows are disturbing, though I will take an extra look during weekend. [quote][b]jeronimas[/b] [2022-02-10 11:01]: ok - quick recap: on PnL: -> positive gain of +0.35m EUR only from USD/EUR fx rates -> +0.2m EUR from bad debts reconsiliation Bonus are going crazy :) though they do correlate with bottom line. ... Wed, 11 May 2022 18:47:46 +0200 https://www.traders.lt/forums.php?m=posts&p=716201#716201 SAF1R - SAF Tehnika (Jekabs) https://www.traders.lt/forums.php?m=posts&p=716182#716182 [quote][b]jeronimas[/b] [2022-03-09 15:23]: BY any chance do you know how much of raw material SAF was importing from UA or RUS? as far I remembered from some interview they had IT part of team in UA, correct? Price returned back to pre-war level -> those how have touched bottom prices earned +16% in 5 days. Though war is not over - and with crazy metals prices/semiconductors general inflation -> will be interesting to see newest SAF figures. ... Wed, 11 May 2022 16:58:39 +0200 https://www.traders.lt/forums.php?m=posts&p=716182#716182