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Addvalue reports 2Q FY10 Results (14 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 04:17:00 +0000

Revenue: -89.3% (2Q10)
Net Profit: NM (2Q10)
Outlook: Barring any unforeseen circumstances and delay in the roll out of products, the Group remains cautiously optimistic about its performance for the second half of FY2010.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 733 468
2009 270 4,365

FY 1H 2H Total
2009 4,635 1,161 5,796
2008 5,484 5,214 10,698
2007 3,522 2,726 6,248
2006 9,317 3,455 12,772
2005 NA NA 18,067
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 (582) (2,838)
2009 (860) 1,905

FY 1H 2H Total
2009 1,044 (3,849) (2,805)
2008 1,042 1,140 2,182
2007 46 93 138
2006 2,432 (25,249) (22,817)
2005 NA NA (9,017)
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.0060
EPS = $(0.0041) (6M FY10)
Diluted EPS = $(0.0041) (6M FY10)
No of Shares = 903,905,813
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Adampak’s Q3FY09 net profit grows 36.2% qoq to US$2.0m (13 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 04:14:00 +0000

Revenue: -0.0% (3Q09), -12.1% (9M09)
Net Profit: -10.2% (3Q09), -23.6% (9M09)
Press Release: Revenue up 12.6% qoq to US$14.8m; achieves growth in all sectors
Hard Disk Drive grew 7.9% qoq and 21.7% yoy to US$8.4m
Gross margin up qoq and yoy to 32.2%
Net margin up qoq to 13.3% Revenue grows 36.6% qoq to US$13.2m led by Hard Disk Drive growth
Outlook: Business sentiments continue to improve; economic uncertainties however continue to cloud business outlook.
The Directors are as such cautiously optimistic of the Group’s prospects for the December quarter.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 9,651 13,181 14,842
2008 14,023 13,993 14,845

FY 1H 2H Total
2008 28,016 27,540 55,556
2007 18,828 28,976 47,804
2006 15,176 16,706 31,882
2005 12,076 14,277 26,353
-----------------------------------------------------------
Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 624 1,449 1,973
2008 1,642 1,454 2,198

FY 1H 2H Total
2008 3,096 3,653 6,749
2007 3,231 3,909 7,140
2006 2,487 3,278 5,765
2005 1,647 1,924 3,571
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.00750
2008 0.00500 0.010 NA
2007 0.00625 0.007 0.0055
2006 0.00625 0.010 0.05
2005 0.00625 0.009375 NA
2004 NA 0.0125 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-05-07 Rights OFFER OF 1 FOR 2 @ $0.082
-----------------------------------------------------------
Share Data (USD)

NAV = $0.1363
EPS = $0.0153 (9M FY09)
No of Shares = 263,625,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Abterra reports profitability with net ncome of S$3.3 million in 9M09 (08 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 04:11:00 +0000

Revenue: -84% (3Q09), -55% (9M09)
Net Profit: -74% (3Q09), -77% (9M09)
Outlook: Following the successful implementation of China’s RMB 4 trillion stimulus package, there was a respite for the steel mills.
However, the fundamental issues of falling exports, soaring imports and concerns of oversupply remains unresolved in the steel industry.
The Group will focus on prudent cost containment measures and effective cash flow management to prepare for the recovery in the long-run.
The management has put in dedicated efforts to streamline its operations and implement cost control measures during this current economic turndown and shall continue to monitor its financial position closely.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 65,851 44,180 18,487
2008 44,310 130,553 113,320

FY 1H 2H Total
2008 217,610 174,682 392,292
2007 54,191 62,981 117,172
2006 13,604 20,221 33,825
2005 13,365 1,227 14,592
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,670 223 1,730
2008 1,977 6,927 6,677

FY 1H 2H Total
2008 5,186 8,774 13,960
2007 100 922 1,022
2006 3,230 (5,495) (2,265)
2005 4,860 (5,161) (301)
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-09-21 Rights OFFER OF 1 FOR 4 @ $0.11
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.041
EPS = $0.0007 (9M FY09)
No of Shares = 5,133,986,593
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

A-Sonic Aerospace reports 3QFY09 Results (12 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 04:07:00 +0000

Revenue: -43% (3Q09), -49% (9M09)
Net Profit: NM (3Q09), NM (9M09)
Outlook: With the uncertainty in the global economic recovery, the Group's business outlook is expected to continue to be challenging.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 29,921 29,557 39,531
2008 54,479 67,362 69,299 64,389 255,211
2007 53,567 60,578 70,680 60,610 245,029

FY 1H 2H Total
2006 10,106 32,969 43,167
2005 11,600 7,168 18,768
2004 NA NA 22,427
-----------------------------------------------------------
Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 413 (2,809) (839)
2008 (1,066) (889) (1,034) (12,413) (15,402)
2007 423 420 3,805 (15,580) (10,932)

FY 1H 2H Total
2006 3,122 2,320 5,442
2005 3,054 2,054 5,108
2004 NA NA 4,973
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.0025 NA
2007 NA 0.0025 0.001
2006 NA 0.0025 NA
2005 NA 0.0025 NA
2004 NA 0.0025 NA
2003 NA 0.0025 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2005-04-12 Bonus 1 WT FOR 5 SH OFFER OF 1 FOR 5
2004-03-17 Bonus OFFER OF 1 FOR 5
-----------------------------------------------------------
Share Data (USD)

NAV = $0.0603
EPS = $(0.0066) (9M FY09)
No of Shares = 492,259,308
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

8Telecom’s 3Q2009 Net Profit Surge 171%, Y-o-Y to RMB8.2 million (13 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 03:54:00 +0000

Revenue: +25.76% (3Q09)
Net Profit: +171.40% (3Q09)
Press Release: Sales from Telecommunications & Other Towers and Telecommunications Engineering Services divisions rose 55.5% and 12.3%, respectively
9M2009 net profit of RMB22.6 million exceeds FY2008 net profit of RMB12.6 million
Investment in 3G infrastructure by major telecom operators continue to rise,
reaching RMB96.1 billion as at 30 September 20098
Outlook: The Group has completed the sale of 5,363.7sqm of office space in its property development, Linping Times Square, which has a total gross floor area of 47,000sqm.
In accordance with the accounting policy of the Group, the revenue and cost from the sale of the office units will be recognised during the last quarter of 2009 upon the transfer of these units to the buyers.
Based on market feedback, the Group expects progressive sales from this project over the rest of FY2009.
As a result of the above factors and barring unforeseen circumstances, the Group is confident of a stronger FY2009 compared to FY2008.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 87,996 136,593 92,711
2008 99,085 134,200 73,723 NA 274,614
2007 73,053 105,670 116,598 127,944 423,265
2006 28,915 57,941 78,517 90,447 255,820
2005 25,762 60,134 61,160 81,582 228,638
2004 NA NA 78,293 NA 218,796
-----------------------------------------------------------
Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 3,743 10,686 8,161
2008 3,185 4,100 3,007 2,297 12,589
2007 3,552 4,730 7,455 5,390 21,127
2006 3,301 3,906 6,163 4,528 17,898
2005 4,663 6,996 5,955 4,347 21,961
2004 NA NA 26,791 NA 50,309
-----------------------------------------------------------
Dividends

FY Interim Final Special (USD)
2009 0.01185 (SGD)
2008 NA 0.00111 NA
2007 NA 0.00123 NA
2006 NA 0.00102 NA
2005 NA 0.00115 NA
2004 NA 0.0026 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (RMB)

NAV = $0.6011
EPS = $0.0471 (9M FY09)
No of Shares = 478,904,250
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

2nd Chance Properties reports 1QFY10 Results (14 Nov 09)

noreply@blogger.com (Khai) — Sun, 22 Nov 2009 03:48:00 +0000

Revenue: -7.67% (1Q10)
Net Profit: -13.67% (1Q10)
Outlook: The retail industry continues its struggle to recover from the after effects of the global financial crisis.
Cautious consumer spending has resulted in a 15.8% decline in profits from the Group's apparel business.
This is expected to continue until the economies of both Singapore and Malaysia fully recover.
The gold business managed to maintain its profit inspite of a 4.6% drop in revenue because rising gold prices helped to increase the gross profit margin.
The gold business will continue to be profitable but the volatility of the gold prices will have an effect on the amount of profits.
The properties division recorded an 18.2% decrease in revenue mainly due to the absence of rental income from two properties.
The two properties were sold in the previous financial year.
However for the full year, rental income will be augmented by the proposed purchase of 22 units at Sim Lim Square scheduled to be completed on 1 Feb 2010.
The outlook for the retail industry remains uncertain and will only improve if the economy continues its recovery.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 17,712
2009 19,184 10,009 9,287 9,331 47,809
2008 15,668 13,207 8,809 15,506 53,178

FY 1H 2H Total
2007 27,038 21,134 48,172
2006 24,112 18,375 42,487
2005 22,286 16,807 39,093
2004 NA NA 36,094
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 4,628
2009 5,361 1,675 2,785 628 10,449
2008 5,515 3,497 1,628 13,502 24,142

FY 1H 2H Total
2007 11,159 6,038 18,375
2006 4,281 6,232 10,513
2005 5,041 4,984 10,025
2004 NA NA 8,888
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.035 NA NA
2008 NA 0.0300 NA
2007 NA 0.0286 NA
2006 NA 0.0300 NA
2005 NA 0.0250 NA
-----------------------------------------------------------
Bonus Issue / Stock Split

Date Type Details
2005-05-19 Bonus 1 WT FOR 2 SH OFFER OF 1 FOR 2
1999-12-09 Bonus OFFER OF 1 FOR 2
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.3089
EPS = $0.014 (3M FY10)
Diluted EPS = $0.014 (3M FY10)
No of Shares = 331,554,249
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Aztech Achieves S$229.7 million Revenue and S$13.8 million Net Profit for the 9 months of FY 2009 (21 Oct 09)

noreply@blogger.com (Khai) — Fri, 30 Oct 2009 23:52:00 +0000

Revenue: +0.6% (3Q09), +11.9% (9M09)
Net Profit: +57.0% (3Q09), +40.5% (9M09)
Press Release: Q3 FY 2009 Sales: S$75.3m
Net profit of S$6.1m for Q3 was up by 57% over the same period last year
Net profit of S$13.8m for 9 months of FY 2009 represents a 40.5% increase over the same period last year
Outlook: The Group believes that the long-term prospect of the global economy has improved but remains cautiously optimistic of the prospect for the next 12 months.
The Group will position itself to capitalize on the long-term upturn while deploying a cautious stand and strategy in the near term.
The Group will continue to pursue its diversification strategy so as to position the Group for long-term sustainable growth and to enhance shareholders value.
The Group has also on 24 September 2009 announced its intention to diversify into property development,
construction and management and will convene an EGM to seek shareholders approval.
Given the above and barring any unforeseen development, the Group is optimistic that the Group will remain profitable for the full year of 2009 and cautiously optimistic of its year 2010 performance.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 67,644 86,730 75,329
2008 68,970 61,474 74,911 71,098 276,453
2007 55,833 61,804 67,495 83,178 268,310
2006 46,322 54,755 61,954 75,966 238,997

FY 1H 2H Total
2005 83,961 94,623 178,584
2004 62,814 89,321 152,135
-----------------------------------------------------------

Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 2,079 5,649 6,052
2008 3,128 2,822 3,855 2,428 12,233
2007 3,811 5,216 3,591 5,559 18,177
2006 2,127 5,085 5,030 7,796 20,038

FY 1H 2H Total
2005 4,121 6,007 10,128
2004 1,091 5,343 6,434
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.0050
2008 0.0050 0.015 NA
2007 0.0075 0.010 NA
2006 0.0050 0.005 0.005
2005 NA 0.005 NA
2004 NA 0.0025 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-06-20 Rights WARRANTS OFFER OF 1 FOR 4 @ $0.02
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.2487
EPS = $0.0343 (9M FY09)
Diluted EPS = $0.0329 (9M FY09)
No of Shares = 426,119,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Keppel T & T announces 3QFY09 results (19 Oct 09)

noreply@blogger.com (Khai) — Fri, 30 Oct 2009 23:25:00 +0000

Revenue: -8.4% (3Q09), -5.8% (9M09)
Net Profit: +10.3% (3Q09), +1.2% (9M09)
Outlook: The logistics industry in Singapre is expected to improve on the back of improving economic outlook
The Group's China port operations, however, will face keener competition from nearby ports in Foshan
The Group has also begun marketing co-location space for its data centre in Singapore, which will operational by the end of this year.
The Group remains vigilant in managing costs and improving efficiency while seeking opportunities that may emerge.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 29,875 29,172 29,618
2008 27,419 34,399 32,327 34,723 128,868
2007 21,505 23,155 27,705 30,758 103,123
2006 24,138 23,089 22,147 23,642 93,016
2005 24,955 28,433 29,527 25,529 108,444
2004 NA NA 36,966 37,301 173,057
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 10,236 10,007 13,035
2008 10,369 10,702 11,814 19,140 52,025
2007 11,878 10,260 12,559 16,752 51,449
2006 9,893 9,586 13,111 10,708 43,298
2005 9,780 8,984 12,524 7,674 38,962
2004 NA NA 10,826 4,804 36,588
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.030 NA
2007 NA 0.060 NA
2006 NA 0.055 NA
2005 NA 0.040 NA
2004 NA 0.035 NA
2003 NA 0.030 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2005-10-21 Capital Distribution CAPDIST$0.10/SH SGD 0.1
1997-04-03 Rights 2SHA WITH 1WT OFFER OF 2 FOR 4 @ $1.1
1994-06-17 Rights CLS 1999 OFFER OF 1 FOR 4 @ $1
1994-06-17 Rights OFFER OF 1 FOR 4 @ $1
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.52
EPS = $0.060 (9M FY09)
Diluted EPS= $0.060 (9M FY09)
No of Shares = 552,257,537
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Qian Hu’s 3Q09 net profit rises 9.8% Qian Hu’s 3Q09 net profit rises 9.8% (19 Oct 09)

noreply@blogger.com (Khai) — Fri, 30 Oct 2009 23:20:00 +0000

Revenue: +1.1% (3Q09), +0.8% (9M09)
Net Profit: +9.8% (3Q09), +10.2% (9M09)
Press Release: 3Q Sales grew 1.1% to $23.9M as it expands reach to more customers in more countries
Overall net profit margin up from 7.6% to 7.9%
Outlook: Moving ahead, the Group expects continued growth in revenue and profitability for the rest of the current FY2009

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 23,152 23,718 23,874
2008 23,014 23,576 23,613 22,859 93,062
2007 21,981 22,428 22,688 24,623 91,720
2006 18,139 18,289 18,970 20,713 76,111
2005 16,328 15,642 15,997 18,300 66,267
2004 NA NA 15,709 15,524 65,492
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,399 1,663 1,683
2008 1,266 1,508 1,533 1,736 6,043
2007 947 1,155 1,268 1,578 4,948
2006 522 594 632 869 2,617
2005 471 480 543 536 2,030
2004 NA NA (682) 146 1,627
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.002 NA
2007 NA NA 0.07 (Interim)
2006 NA 0.006 NA
2005 NA 0.005 NA
2004 NA 0.006 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-08-16 Rights 4RS1WT/2SH OFFER OF 2 FOR 1 @ $0.035
2004-02-16 Bonus OFFER OF 1 FOR 5
2002-03-04 Bonus OFFER OF 1 FOR 10
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.1594
EPS = $0.0113 (9M FY09)
Diluted EPS = $0.0107 (9M FY09)
No of Shares = 421,345,793
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

MAP Tech reports 3QFY09 Results (16 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:38:00 +0000

Revenue: -13.2% (3Q09), -14.8% (9M09)
Net Profit: -78.8% (3Q09), NM (9M09)
Outlook: As announced on 17 June 2009, the Group is expected to record losses for the full year ending 31 December 2009 ("FY2009").
Notwithstanding the losses as a result of the adjustments highlighted in the profit warning announcement, the Group is optimistic to remain operationally profitable (i.e. profit from operations excluding one-off provisions and write-offs).
With the proceeds from the Rights Issue of US$10.2 million, the Company and the Group‟s financial and liquidity position has been strengthened.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 10,862 38,904 40,849
2008 43,623 40,101 47,071 13,658 53,875
2007 32,528 32,193 36,866 45,829 147,415
2006 13,592 13,631 17,081 34,362 78,674
-----------------------------------------------------------
Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (1,346) (21,504) 826
2008 2,934 1,439 3,903 604 8,880
2007 2,398 1,159 2,694 2,782 9,033
2006 1,667 947 1,033 1,377 3,684
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.0265 NA
2007 NA 0.0250 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2009-08-18 Rights OFFER OF 4 FOR 1 @ $0.01
-----------------------------------------------------------
Share Data (USD)

NAV = $0.0279
EPS = $(0.0533) (9M FY09)
No of Shares = 1,857,873,625
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

SGX Announces First Quarter Profit of $94.1 million for FY2010 (15 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:33:00 +0000

Revenue: +9.5% (1Q10)
Net profit: +11.3% (1Q10)
Press Release: Net profit: $94.1 million, 11.3% higher
Operating revenue: 9.5% increase to $173.4 million
Securities market revenue: Up 40.6% to $104.6 million
Net derivatives clearing revenue: Down 27.0% to $33.7 million
Stable revenue: Down 7.0% to $35.1 million
11# new listings raised $0.26 billion
Secondary fund raising remained strong with $5.23 billion raised
Outlook: With a prevailing low interest rate environment coupled with strong liquidity, the Group would expect its market to continue to benefit.
More optimistic macro-economic growth forecasts should also provide more conducive market conditions for a greater number of larger companies to consider listing on SGX.
The Group expects these new issuers to come from Singapore and elsewhere in the region.
SGX continues to innovate to strengthen our Asian Gateway.
The Group announced its partnership with Chi-X Global to launch Asia's first exchange-backed alternative institutional trading venue for securities on the Singapore, Australia, Hong Kong and Japan markets.
Whilst proprietary trading activity from investment banks remains subdued following the financial crisis, the Group expects to see participation from algorithmic traders in its securities and derivatives markets grow over the next 12 months.
SGX AsiaClear will expand its product offering to include OTC-traded financial derivatives – interest rate swaps and foreign exchange forwards.
On the commodities front, the market can expect new products such as coffee and gold as well as a new fuel oil futures contract in the near future.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 173,351
2009 158,247 146,717 119,818 170,048 594,830
2008 219,676 203,544 173,317 172,042 768,579
2007 103,885 124,860 157,330 190,148 576,223
2006 90,265 87,390 109,144 120,761 407,560
2005 66,502 65,939 69,085 73,188 274,714
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 94,069
2009 84,481 74,685 55,321 91,170
2008 129,981 156,438 101,531 90,370 478,320
2007 47,656 108,707 89,113 176,301 421,777
2006 45,326 37,047 50,118 55,123 187,614
2005 25,132 25,999 26,189 27,979 104,366
-----------------------------------------------------------
Dividends

FY 1Q 2Q 3Q Final Special (SGD)
2010 0.0375
2009 0.035 0.035 0.035 0.155
2008 0.030 0.030 0.030 0.290
2007 0.020 0.020 0.020 0.300
2006 0.015 0.015 0.015 0.117
2005 NA 0.035 0.1675 0.043
2004 NA 0.030 NA 0.10575
2003 NA 0.030 NA 0.375
2002 NA 0.030 NA 0.04396
2001 NA 0.030 NA 0.043
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.775
EPS = $0.0885 (3M FY10)
Diluted EPS = $0.0877 (3M FY10)
No of Shares = 1,063,460,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

MobileOne reports 3QFY09 Results (16 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:27:00 +0000

Revenue: -4.2% (3Q09), -6.7% (9M09)
Net Profit: -0.7% (3Q09), -0.3% (9M09)
Outlook: Looking ahead, mobile remains the Group's core business and it sees exciting opportunities in the upcoming launch of the iPhone.
The Group will continue to launch new mobile services and grow its fixed line business to achieve revenue growth.
Momentum for the fixed line services will likely pick up with the commercial launch of the Next Generation National Broadband Network in 2Q 2010.
Based on the current outlook and barring any unforeseen circumstances, net profit after tax for the year 2009 is estimated to be comparable to the previous year.

FINANCIAL RECORDS

Revenue (SGD 'Mil)

FY 1Q 2Q 3Q 4Q Total
2009 186.4 190.5 188.4
2008 203.9 205.3 196.7 194.7 800.6
2007 196.4 199.8 200.2 206.9 803.3
2006 190.8 192.1 189.2 201.0 773.0
2005 189.5 195.8 197.3 194.2 778.2
2004 NA NA 187.5 192.4 747.1
-----------------------------------------------------------
Earnings (SGD 'Mil)

FY 1Q 2Q 3Q 4Q Total
2009 41.9 37.1 34.2
2008 38.0 41.1 34.4 36.6 150.1
2007 49.7 40.6 43.6 37.9 171.8
2006 45.0 36.9 42.9 39.8 164.6
2005 40.1 40.1 43.8 37.0 161.0
2004 NA NA 37.1 30.5 153.9
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.062
2008 0.062 0.072 NA
2007 0.025 0.083 0.046
2006 0.058 0.075 NA
2005 0.050 0.081 0.122
2004 0.049 0.058 NA
2003 0.039 0.055 NA
2002 NA 0.0145 0.0585
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
07-05-10 Share Cancellation PER CANCEL SH SGD 0.6174
07-05-10 Share Cancelation PER CANCEL SH SGD 1.6026 ONE-TIER TAX
04-12-14 Capital Reduction CAPREDCANCEL/SH SGD 0.225
04-12-14 Capital Reduction CAPREDCANCEL/SH SGD 0.2 ONE-TIER TAX
04-12-14 Capital Reduction CAPREDCANCEL/SH SGD 0.2 ONE-TIER TAX
04-12-14 Capital Reduction CAPREDCANCEL/SH SGD 0.225
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.244
EPS = $0.126 (9M FY09)
Diluted EPS = $0.126 (9M FY09)
No of Shares = 894,984,782
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

LIAN BENG Q1 NET PROFIT SURGES 168% TO $5.4M (15 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:23:00 +0000

Revenue: +128.6% (1Q10)
Net Profit: +174.2% (1Q10)
Outlook: During the quarter under review, the Group was awarded a contract worth $101 million for the construction of Waterfront Key, a private residential development.
This has served to boost its order book to $545 million as at 31 August 2009, and is expected to provide the Group with a steady stream of activity through FY13.
Nevertheless, the Group will continue to leverage on its expertise and track record and further strengthen its order book through tendering for more contracts.
The trial in relation to the Group's lawsuit against Manhattan Resources Limited ("Manhattan") has been fixed in the third week of November 2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 85,111
2009 37,231 113,744 79,168 78,230 308,373
2008 41,975 64,317 42,199 46,305 194,796

FY 1H 2H Total
2007 86,336 62,223 148,559
2006 99,876 89,573 189,449
2005 62,298 86,190 148,488
2004 NA NA 125,237
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 5,281
2009 1,926 6,859 2,658 5,569 17,012
2008 966 7,093 649 3,185 11,893

FY 1H 2H Total
2007 2,198 1,395 3,505
2006 1,327 508 1,835
2005 249 1,128 1,377
2004 NA NA 620
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA 0.00400 0.00200
2008 NA 0.00472 NA
2007 NA 0.00220 NA
2006 NA 0.00220 NA
2005 NA 0.00220 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.2412
EPS = $0.01 (3M FY10)
No of Shares = 529,760,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Ezra stands firm through volatile economic times, PATMI increases by 80% to US$70.1m (15 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:20:00 +0000

Revenue: -22% (4Q09), +23% (FY09)
Net Profit: +312% (4Q09), -60% (FY09)
Press Release: Revenue upped 23% to US$329.4m on strong results from all three core divisions
Group continues to focus on deepwater subsea segment and enhance capabilities to drive growth
Expects demand for long term charters to remain strong following global economic recovery
Outlook: The Group is cautiously optimistic that the oil and gas activities will continue in the next 12 months, barring any unforeseen circumstance that may arise to destabilise the current financial market and global economy.
Demands for medium to large sized offshore support vessels are expected to continue to be good.
The Group remains committed to its strategy of operating a fleet of young and technological advanced vessels, which are capable of operating in the deep water segment to support the construction and production phase of the oil field cycle.

FINANCIAL RECORDS

Revenue (USD '000)
FY 1Q 2Q 3Q 4Q Total
2009 113,016 63,049 59,891 93,481 329,437
2008 45,368 48,584 55,180 119,214 268,346
2007 NA NA 29,752 69,198 143,546

Revenue (SGD '000)
FY 1H 2H Total
2007 68,158 150,664 218,822
2006 36,368 73,957 110,325
2005 22,438 50,109 72,547
-----------------------------------------------------------
Earnings (USD '000)
FY 1Q 2Q 3Q 4Q Total
2009 9,265 14,930 18,777 27,116 70,088
2008 138,909 12,378 17,425 6,589 175,301
2007 NA NA 9,824 43,300 68,208

Earnings (SGD '000)
FY 1H 2H Total
2007 23,053 80,923 103,976
2006 35,413 26,323 61,736
2005 9,202 17,816 27,018
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA 0.015 NA
2008 0.05 (Spe) NA NA
2007 NA 0.0355 NA
2006 0.022 0.026 0.016
2005 0.006 0.027 0.008
2004 NA 0.019 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-11-05 Bonus OFFER OF 1 FOR 1
2006-06-21 Bonus OFFER OF 1 FOR 5
2005-01-19 Bonus OFFER OF 1 FOR 5
-----------------------------------------------------------
Share Data (USD)

NAV = $0.8118
EPS = $0.117 (12M FY09)
Diluted EPS = $0.117 (12M FY09)
No of Shares = 657,948,990
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Fragrance Group announces 3QFY09 Results (15 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:09:00 +0000

Revenue: +37.9% (3Q09), +21.6% (9M09)
Net Profit: +30.7% (3Q09), +2.0% (9M09)
Outlook: With its timely acquisition of land plots recently at reasonably attractive prices, the Group intends to launch at least another four projects with about 280 residential flats and 6 landed houses this year.
The Group also intend to launch another mixed development project with a total of 93 units early next year.
The present total number of guest rooms in the Group's hotel chain is 1,373.
Another two hotels strategically located in the city area, with about 250 guest rooms are in the works and are slated for completion next year.
Making use of the slowdown in the tourism industry early this year, the Group has carried out a series of minor refurbishment works to some of its hotels.
The Group also intends to start a major refurbishment work to one of its hotel outlets and expect to complete the works early next year.
With all these preparations, the directors believe that the Group is well positioned to benefit from the expected influx of tourists when the two integrated resorts are in operation.
Barring unforeseen circumstances, the directors expect the Group to remain profitable in 2009.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 50,780 79,516 57,696
2008 53,086 59,735 41,828 60,699 215,348
2007 15,592 27,819 48,303 44,402 136,116

FY 1H 2H Total
2006 49,478 48,266 97,744
2005 37,574 49,155 86,729
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 10,106 17,690 15,071
2008 14,625 15,876 11,532 13,530 55,563
2007 2,107 5,403 10,985 11,905 30,400

FY 1H 2H Total
2006 7,002 7,839 14,841
2005 5,458 8,295 13,753
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.0025+0.005 0.0055 (3Q) 0.0045 (spe)
2008 0.0025 0.0060 0.0015(3Q)
2007 0.0100 0.0050 NA
2006 0.0075 0.0225 NA
2005 0.0200 0.0380 NA
2004 NA 0.0260 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2008-01-22 Bonus OFFER OF 4 FOR 1
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.19
EPS = $0.051 (9M FY09)
No of Shares = 840,000,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Supply chain management specialist BH Global Marine maintains profitability in 3QFY2009 amidst challenging outlook (15 Oct 09)

noreply@blogger.com (Khai) — Sun, 18 Oct 2009 08:04:00 +0000

Revenue: +15% (3Q09), +1% (9M09)
Net Profit: -27% (3Q09), -29% (9M09)
Press Release: Net profit stands at S$4.1 million at a healthy margin of 16%
Backed by healthy balance sheet with low net gearing of 3% and positive operating cash flows
Focuses on becoming the leading integrated marine electrical supplier in the region, while adopting a cautious short term outlook
Outlook: Following the weak market and poor industry sentiments since the beginning of the year, the Group embarked on strategic acquisitions such as ZPA (marine switchboards and services) and Sky (galvanized steel wire) to broaden the Group’s product offerings and enhance its market positioning.
These subsidiaries provide the Group with more diversified product range and integrated services along with better geographical diversification.
These acquisitions coupled with prudent cost control measures will enable the Group to weather the prevailing economic downturn.
Backed by a healthy balance sheet and robust customer base, the Group believes that the longer term fundamentals of the business remain intact.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 22,849 26,123 26,027
2008 24,483 27,321 22,702 20,051 94,557
2007 20,207 19,217 24,210 18,236 81,870

FY 1H 2H Total
2006 22,676 36,247 58,923
2005 13,578 16,709 30,287
2004 NA NA 24,551
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 3,436 3,968 3,692
2008 5,005 5,680 5,090 3,463 19,238
2007 4,037 4,294 4,965 4,220 17,516

FY 1H 2H Total
2006 5,236 5,979 11,215
2005 3,486 3,305 6,791
2004 NA NA 6.902
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.012 NA
2007 NA 0.012 NA
2006 NA 0.016 NA
2005 NA 0.010 NA
-----------------------------------------------------------
Bonus Issue / Stock Split

Date Type Details
2008-02-15 Bonus OFFER OF 1 FOR 2
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.17
EPS = $0.0275 (9M FY09)
No of Shares = 420,000,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

C2O Holdings reports 1HFY10 Results (14 Oct 09)

noreply@blogger.com (Khai) — Thu, 15 Oct 2009 06:47:00 +0000

Revenue: +10.4%
Net Profit: -71.1%
Outlook: With the disposal of the distribution business, the Group could now concentrate on its offshore marine logistics and support business.
The Group will focus on building up its fleet of offshore vessels for onward charter to targeted customers.
Barring unforeseen circumstances for the financial year ending 28 February 2010 (“FY2010”), the Group expects continuous stream of charter income from its existing charter as well as new charters to be entered into in second-half of FY2010.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2010 1,926
2009 34,915 28,515 63,430
2008 49,335 36,847 86,182
2007 48,827 48,093 96,920
2006 46,230 45,471 91,701
2005 38,205 40,340 78,545
-----------------------------------------------------------
Earnings (SGD '000)

FY 1H 2H Total
2010 394
2009 1,361 (533) 828
2008 144 (3,064) (3,208)
2007 154 (2,921) (3,075)
2006 142 157 299
2005 492 870 1,362
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2010 NA
2009 NA NA NA
2008 NA NA NA
2007 NA NA NA
2006 NA 0.001 NA
2005 NA 0.002 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.0616
EPS = $0.0013 (6M FY10)
No of Shares = 275,891,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Goodpack reports 1Q FY10 Results (14 Oct 09)

noreply@blogger.com (Khai) — Thu, 15 Oct 2009 06:41:00 +0000

Revenue: -3.9% (1Q10)
Net Profit: +2.5% (1Q10)
Outlook: The Group is cautiously optimistic although the economic environment that the Group operates in remains challenging.
Going forward, the Group's challenges continues to be the uneven demand, volatile exchange rates, volatility in logistics and handling costs and rise in interest rates
Given the challenging business environment, the Group is very focused in managing all the challenges

FINANCIAL RESULTS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2010 25,917
2009 26,956 27,666 24,090 23,727 102,439
2008 20,640 24,387 25,619 28,952 99,598
2007 15,549 18,441 21,451 19,808 75,249
2006 13,739 16,093 16,205 13,540 59,577
2005 11,344 11,720 12,991 11,627 48,682
-----------------------------------------------------------
Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2010 7,332
2009 7,154 8,173 6,458 4,143 25,928
2008 6,305 8,279 7,344 7,581 29,509
2007 4,672 6,373 6,188 7,282 24,514
2006 4,342 5,177 4,500 4,624 18,460
2005 3,289 4,280 3,485 4,523 15,577
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA 0.020 0.010
2008 NA 0.020 0.010
2007 NA 0.020 0.010
2006 NA 0.035 NA
2005 NA 0.010 NA
2004 NA 0.010 0.0075
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2007-07-10 Bonus OFFER OF 1 FOR 8
2005-03-17 Rights OFFER OF 1 FOR 8 @ $0.06
2002-11-06 Bonus OFFER OF 1 FOR 5
-----------------------------------------------------------
Share Data (USD)

NAV = $0.3926
EPS = $0.0157 (3M FY10)
Diluted EPS = $0.0157 (3M FY10)
No of Shares = 466,810,215
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

SPH reports Full Year Net Profit of $422 million (12 Oct 09)

noreply@blogger.com (Khai) — Wed, 14 Oct 2009 13:17:00 +0000

Revenue: -0.1% (4Q09), -0.1% (FY09)
Net Profit: +46.0% (4Q09), -3.6% (FY09)
Outlook: Business outlook remains uncertain although there are signs of a gradual recovery at the macroeconomic level.
The Group’s advertisement revenue, which saw some improvements in recent months, is expected to move in tandem with the economy.
Newsprint charge-out rates will moderate as market prices remain soft in the near term.
However, newsprint prices may rise during the current financial year in line
with the expected economic recovery.
The Group had taken steps to ameliorate the challenging situation it faced with the decline in print ad revenue and rising staff and other operating costs.
It will continue to monitor its cost levels closely while devoting resources to build up capabilities in adjacent businesses and grow beyond print and Singapore.
The easing of macroeconomic risks has reduced volatility in the financial markets.
With regard to its treasury and investment activities, the Group has adopted a more conservative stance in its asset allocation.
Profits from the Group’s Property segment are expected to contribute significantly to recurring earnings in FY2010.
Paragon is expected to continue to provide a steady recurrent income stream.
Sky@eleven is on track to obtain TOP in 2010.
The Group is in a position to emerge stronger from the recession and will continue to invest for future growth.
Barring unforeseen circumstances, the Directors expect performance for the current financial year to be satisfactory.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 343,020 289,496 331,182 351,267 1,314,965
2008 315,050 301,804 347,772 351,553 1,316,179
2007 274,188 253,653 290,998 353,603 1,172,442
2006 263,576 241,723 268,043 258,009 1,031,351
2005 267,934 236,849 261,894 249,548 1,016,225
2004 NA NA NA NA 981,428
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 73,007 87,048 126,725 135,101 421,881
2008 111,930 99,595 133,399 92,520 437,444
2007 110,537 106,265 158,020 126,076 506,161
2006 98,413 84,561 174,645 70,841 428,460
2005 220,705 95,961 96,672 74,982 488,320
2004 NA NA NA NA 546,282
-----------------------------------------------------------
Dividends (SGD)

FY Interim Special Final Special
2009 0.07 NA 0.09 0.09
2008 0.08 NA 0.09 0.10
2007 0.07 NA 0.09 0.10
2006 0.07 NA 0.08 0.09
2005 0.0375 0.05 0.10 0.078
2004 0.2 NA 0.10 0.1125
2003 NA NA 0.3 0.5
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2004-06-08 Stock Split STOCK SPLIT OFFER OF 5 FOR 1
2004-06-08 Share Cancellation CANCEL SUBDIVSH SGD 3.6 NET OF TAX
2004-06-08 Share Cancellation CANCEL SUBDIVSH SGD 0.22
-----------------------------------------------------------
Share Data (SGD)

NAV =$1.28
EPS = $0.26 (12M FY09)
No of Shares = 1,586,865,912
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Cheung Woh reports 1H FY10 Results (09 Oct 09)

noreply@blogger.com (Khai) — Wed, 14 Oct 2009 13:12:00 +0000

Revenue: +5.2%
Net Profit: -16.6%
Outlook: Based on the Group's current production plans for the HDD components, precision metal stamping components and automotive components, performance of these business segments are expected to do well.
However performance of the HDD components and precision metal stamping components is dependent on the pace of the global economic recovery.
The performance of the automotive components business segment is dependent on the growth rate of the China automotive industry.
Barring any unforeseen circumstances, the Directors expect the second half of the financial year ending 28 February 2010 to remain profitable.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 2H Total
2010 52,880
2009 50,268 40,599 90,867
2008 43,740 52,547 96,287
2007 33,921 29,884 74,346
2006 33,551 30,254 63,805
2005 33,471 30,321 63,792
-----------------------------------------------------------
Earnings (SGD '000)

FY 1H 2H Total
2010 4,981
2009 5,969 (1,766) 4,203
2008 4,040 7,783 11,823
2007 2,163 3,395 5,558
2006 2,476 (657) 1,819
2005 2,879 2,373 5,252
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2010 0.005
2009 0.006 0.002 NA
2008 0.005 0.010 NA
2007 0.001 0.005 NA
2006 0.001 0.002 NA
2005 0.003 0.005 NA
2004 0.003 0.005 NA
2003 NA 0.005 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.3089
EPS = $0.0191 (6M FY10)
No of Shares = 260,904,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Unionmet reports 3QFY09 Results (06 Oct 09)

noreply@blogger.com (Khai) — Wed, 14 Oct 2009 12:46:00 +0000

Revenue: -63.6% (3Q09)
Net Profit: NM (3Q09)
Outlook: The industry that the Group is operating in continues to be subjected to uncertain demand and significant pricing volatility of indium and zinc.
The Board expects that indium and zinc price containment will remain a challenge to the Group as these prices may continue to fluctuate significantly.
Due to the sensitivity of the PRC market prices for indium ingots and zinc related products against the international market prices, any significant fluctuation in international market prices will have a significant impact on the Group’s business.
Notwithstanding the recent announcement by the PRC government on the reduction in export tax from 15% to 5% (effective 1 July 2009) to stimulate demand for certain commodities including indium, the Board remains cautious on the impact of this measure and would monitor the market closely.
The rights issue by the Company was completed in July 2009.
The Group will make the appropriate announcement when there is any material development and disbursements of its rights issue proceeds.

FINANCIAL RECORDS

Revenue (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 2,042 1,609 2,834
2008 3,970 12,526 7,776 5,549 29,821
2007 13,047 13,803 7,904 12,180 46,934
2006 7,666 14,217 19,631 15,752 57,266
2005 NA NA NA NA 25,145
-----------------------------------------------------------
Earnings (USD '000)

FY 1Q 2Q 3Q 4Q Total
2009 (3,009) (1,930) 1,824
2008 (2,533) 810 (1,150) (4,326) (7,199)
2007 1,025 913 299 400 2,637
2006 2,132 1,909 3,480 1,980 9,501
2005 NA NA NA NA 7,996
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2009-07-21 Rights OFFER OF 2 FOR 3 @ $0.02
-----------------------------------------------------------
Share Data (USD)

NAV = $0.06
EPS = $0.0034 (3Q FY09)
No of Shares = 613,553,995
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Beyonics posts FY2009 net profit of S$4.2m on turnover of S$1.57 billion (25 Sep 09)

noreply@blogger.com (Khai) — Wed, 14 Oct 2009 12:40:00 +0000

Revenue: -17.2% (4Q09), +11.3% (FY09)
Net Profit: -85.2% (4Q09), -75.5% (FY09)
Outlook: The Group operates in a highly competitive environment.
The Group's revenue is largely dependent on the demand for its customers’ products.
While the Group is seeing improvement in the general economic environment, it expects its businesses to be challenging with price volatility in energy, raw materials and foreign exchange rates.

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 488,081 334,264 352,077 399,848 1,574,270
2008 214,399 254,883 462,347 482,814 1,414,443
2007 245,557 200,318 213,472 211,235 870,582
2006 315,563 226,899 245,735 249,198 1,037,395
2005 256,741 225,335 259,376 285,583 1,027,035
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 5,608 383 (2,608) 780 4,163
2008 3,635 3,886 3,166 5,266 16,969
2007 6,998 5,066 6,168 7,116 25,348
2006 7,900 5,368 6,150 7,190 26,608
2005 6,721 5,054 7,122 7,765 26,662
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA NA NA
2008 NA 0.012 NA
2007 NA 0.020 NA
2006 NA 0.025 NA
2005 NA 0.020 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2005-05-09 Rights OFFER OF 1 FOR 4 @ $0.31
2004-01-14 Share Consolidation SHCONSO 2:5
2000-01-13 Rights OFFER OF 4 FOR 5 @ $0.15
1997-05-02 Rights OFFER OF 3 FOR 20 @ $0.2
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.5586
EPS = $0.0078 (12M FY09)
No of Shares = 535,183,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

PEC LTD. ANNOUNCES RECORD REVENUE OF S$440 MILLION (04 Sep 09)

noreply@blogger.com (Khai) — Mon, 21 Sep 2009 00:42:00 +0000

Revenue: +40%
Net Profit: -16%
Press Release: Revenue grew 40% to S$440.5 million
Maintains solid cash position of S$52.4 million with negligible gearing
Outlook: Whilst the long term prospects of the industries which the Group operates in remains promising, with the current global economic uncertainties, many corporations have taken a more cautious approach in rolling out new projects.
However, the Group has also observed that investments in oil and gas projects in markets it operates in have largely continued and remain active, especially those by multi-national or state-owned corporations.
The Group believe that there are still opportunities for new projects, and the Group will continue to explore and pursue these opportunities with its customers.
As at 31 August 2009, the Group has an order book for on-going project works of approximately S$150 million.
A substantial part of these on-going and new project works are expected to be completed and recognised as revenue in FY2010.
In addition to this, the Group has its existing on-going long term maintenance contracts with a number of key customers in the oil, petrochemical and pharmaceutical industries which will continue to provide the Group with a steady and positive contribution to our revenue and income.
The Group envisage the operating environment for FY2010 to be challenging and price competition to remain keen and this may impact its gross profit margin and operating results.
Barring unforeseen circumstances, the Group expects to remain profitable in FY2010.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 NA NA NA NA 440,479
2008 NA NA NA NA 314,647
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 NA NA NA NA 20,964
2008 NA NA NA NA 25,098
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA 0.0457 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
NA
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.60
EPS = $0.12
Diluted EPS = $0.12
No of Shares = 175,000,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

Stamford Tyres achieves a S$0.9 million net profit for 1Q2010 (14 Sep 09)

noreply@blogger.com (Khai) — Sun, 20 Sep 2009 13:53:00 +0000

Revenue: -22.65% (1Q10)
Net Profit: -72.21% (1Q10)
Press Release: Year-on-year revenue lower by 9.5% at $296.9 million
Gross profit margin for the year steady at 22.7%
Profits impacted by a foreign exchange loss of $5.6 million and a provision for doubtful debts of $2.7 million
Outlook: The Group expects business conditions to remain challenging in this current financial year.
The Group will continue to increase sales and productivity, maximize business efficiency and optimize its product mix.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 69,622
2009 90,006 75,110 63,252 69,262 297,630
2008 84,330 80,583 80,046 83,788 328,747

FY 1H 2H Total
2007 138,774 158,627 297,401
2006 119,879 134,632 254,511
2005 90,658 100,923 191,581
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 905
2009 3,256 (2,258) 69 (59) 1,008
2008 2,951 1,316 1,979 1,332 7,578

FY 1H 2H Total
2007 5,607 6,014 11,621
2006 6,498 9,057 15,555
2005 2,996 5,607 8,603
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 NA NA NA
2008 0.010 0.005 NA
2007 NA 0.015 0.005
2006 NA 0.015 0.010
2005 NA 0.0125 0.0075
2004 NA 0.0125 0.075
2003 NA 0.0100 0.025
2002 NA 0.0025 NA
2001 NA 0.0025 NA
2000 NA 0.0025 NA
1999 NA 0.0025 NA
1998 NA 0.00075 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2003-10-13 Stock Split STOCK SPLIT OFFER OF 5 FOR 2
2002-01-22 Rights WARRANTS OFFER OF 1 FOR 2 @ $0.03
1996-12-24 Rights OFFER OF 3 FOR 10 @ $0.18
-----------------------------------------------------------
Share Data (SGD)

NAV = $0.3893
EPS = $0.0039 (3M FY10)
No of Shares = 230,561,000
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA

China Flexible Packaging Shows Steady Improvement in 3Q2009 (14 Sep 09)

noreply@blogger.com (Khai) — Sun, 20 Sep 2009 13:47:00 +0000

Revenue: -36.74% (3Q09), -26.41% (9M09)
Net Profit: -74.12% (3Q09), -74.20% (9M09)
Press Release: Sustainable business records RMB 31.1M gross profit despite challenging times
Strong balance sheet earmarked by healthy cash balance of RMB 70.1M and debt-free
China Flexible successfully completed the installation of its fourth new production lines with production capacity over 37,000 tones per annum and trial run is underway
New production line strengthens the Group's position as one of the top few flexible packaging material manufacturers in Guangdong, PRC
Short term outlook remains challenging while long-term fundamental and outlook for packaging industries remain positive
Outlook: The Group’s installation of the newly imported production line with annual capacity of 37,000 tons per annum was successfully completed and is currently undergoing trial run.
The Group intend to commence production towards end of this year after successfully completion of the trial run.
With its additional production line, the Group's overall production capacity will increase to approximately 93,000 tons per annum, which would strengthen its position as one of the biggest flexible packaging material manufacturers in the Guangdong province of the People’s Republic of China.
The Group's management team remains confident that food and beverage business segment will remain our key market for growth.
The Group has taken this opportunity to increase its investments in human resources, process and infrastructure, such as production capability, information technology, so as to enhance its core competence and competitiveness during this challenging time.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 179,035 166,584 180,532
2008 271,024 158,566 285,400 245,334 960,324
2007 266,020 280,423 283,191 284,099 1,113,733
2006 212,173 261,532 251,138 264,473 989,316
2005 206,442 217,897 215,530 190,909 830,778
2004 NA NA 162,987 204,157 655,662
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 5,808 7,301 9,792
2008 43,862 7,059 37,840 8,657 97,418
2007 41,525 43,662 52,222 43,036 180,445
2006 39,571 52,063 42,825 39,246 173,705
2005 52,249 46,010 40,899 (9,659) 129,499
2004 NA NA 46,411 60,958 185,546
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Dividends

FY Interim Final Special (RMB)
2009 NA
2008 NA NA NA
2007 NA 0.0967 NA
2006 NA 0.1000 NA
2005 NA 0.0960 NA
2004 NA 0.0860 0.034
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (RMB)

NAV = $3.22
EPS = $0.05 (9M FY09)
No of Shares = 486,129,104
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA