Does CWG International Ltd's (SGX:ACW) PE Ratio Warrant A Buy?

CWG International Ltd (SGX:ACW) trades with a trailing P/E of 4.6x, which is lower than the industry average of 11.6x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind. Today, I will
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SAN FRANCISCO, Jan. 23, 2018 /PRNewswire/ — Lenda, a leading online mortgage lender, today announced it has expanded into several new markets, including Illinois, Pennsylvania, Michigan and Arizona. The expansion, which follows a recent $5M capital raise, increases the company's presence
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There is no doubt marketplace lending, by offering speed and flexibility not historically seen in traditional banking, has done its part to foster the “do it yourself” (DIY) era. At its core, the DIY mindset starts with a question – why pay someone to do a job or share your profits or glory, when you can do it on
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The risk of an uncontrolled banking crisis still looms, prompting the CBR to establish new strict bankruptcy rules and initiate a banking sector clean-up. But are financial reserves sufficient? Sberbank's shares appreciated by more than 120%, since we last covered the company two years ago. But why
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Shopping App Letgo Enters the Housing Market … another online site is vying for homebuyer eyeballs: The shopping app Letgo has announced that it is now offering users the ability to list housing rentals and sales. … Interested users can use the app to converse with the individuals listing the property.
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Some Bank of America customers are protesting a rule change that makes it harder for consumers with low balances to continue receiving free checking. This month, the banking giant switched e-banking customers into accounts that require a $12 monthly fee unless they have a direct monthly deposit of
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The online lender's former CEO, Mike Cagney, had stepped down in September after the San Francisco-based company launched an investigation into claims that current and former employees were sexually harassed at work. The Wall Street Journal had reported on Saturday that SoFi was in talks with
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Amundi Pioneer Asset Management Inc. lessened its stake in Honeywell International Inc. (NYSE:HON) by 7.5% in the 3rd quarter, according to the … Jefferies Group reiterated a “buy” rating and set a $155.00 price objective on shares of Honeywell International in a research report on Thursday,
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Magnificent Home, Premium Location!!!. 4 bedrooms House for Sale. $529000-$579000. 2 VASALIKI COURT Harkness Vic 3337. Listed by Reliance Real Estate Melton – MELTON. Features: Study, Broadband Internet Available, Dishwasher, Evaporative Cooling, Ducted Heating, Garage Spaces.
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Q. My husband died a few months ago and the probate court awarded everything to me. There is still a mortgage on the house. Do I need to inform our mortgage company of this court decision and get the title changed into my name only, or is this unnecessary? A. It is a bit unusual for you to say that your
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The bank told the Oireachtas Finance Committee a total of 9,348 AIB customers are impacted by the tracker scandal in some form. And these are customer numbers, not accounts, the bank said. Chief executive Bernard Byrne said there was “no consideration” of the potential consequences of removing
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U.S. Vice President Mike Pence said the U.S. should retain its dominant role as mediator of the Israeli-Palestinian conflict, rebuffing Palestinian appeals to the European Union to take the reins. “The United States has played a historic role in this region to pursue and promote peace, and I think the United
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Expanding the branch network into new U.S. markets, leading to increased small business lending and philanthropic investments, and further support for local low-and moderate- income communities. Increasing community-based philanthropic investments by 40% to $1.75 billion over five years.
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A World Economic Forum (WEF) sign hangs on the wall during a panel session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland. Photographer: Jason Alden/Bloomberg. An additional $1 trillion could be found for the UN's Sustainable Development Goals if development
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Private equity inflow in the real estate sector is estimated to touch USD 100 billion by 2026 and tier-1 and tier-2 cities will be its primary beneficiaries, property consultant JLL India said in a report. Private equity in the last few years has been concentrated in Mumbai, Bengaluru and Delhi-NCR, with
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The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction. The consignment was part of pilot testing of Prime Shipping Foundation's blockchain payment system
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That's according to the latest numbers from Kevin Gillen, senior research fellow at the Lindy Institute for Urban Innovation, who just his released fourth quarter report on the state of Philly's single-family housing market. This does not include condos. “The fact that house prices have decelerated while
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The $30.3 billion-asset company said in a press release Tuesday that its profit rose more than sixfold from a year earlier to $417.8 million. That included a $327.9 million income tax benefit. Excluding the tax benefit, earnings rose by nearly 50%. Net interest income rose 5% to $238.8 million. Loans
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Informative Research, a market leader in delivering a range of technology-driven solutions for the mortgage industry, appointed Tim Cox as its new SVP of Operations. Previously, Cox served in several key roles working in administration, strategy, and management of national programs. Utilizing his 19
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An abortion opponent yells at a pro choice demonstrator in front of the Supreme Court building in Washington, D.C. on January 27, 2017. The Washington Post/Getty Images. By Chris Morris. 10:53 AM EST. The Missouri Supreme Court is going to see one hell of a fight Tuesday. A group called the
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