| Latest Forum Topics / Boustead Last:2.0 -- |
|
|
Neglected, Illiquid, Undervalue, Recovery counter
|
|||||
|
tangsookiam1947
Master |
18-Jun-2019 22:46
|
||||
|
x 0
x 0 Alert Admin |
another  700,000 shares bought today. | ||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
06-Jun-2019 20:26
|
||||
|
x 0
x 0 Alert Admin |
600,000 shares bought back at $0.77.  http://www.boustead.sg/investor_centre/share_buyback.asp Last share buyback was in March 2018 - 28 mil shares bought at $0.76. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tangsookiam1947
Master |
26-May-2019 22:54
|
||||
|
x 0
x 0 Alert Admin |
https://www.fool.sg/2019/04/29/this-well-run-company-continued-paying-dividends-through-the-global-financial-crisis/ This Well-Run Company Continued Paying Dividends Through The Global Financial Crisis https://www.fool.sg/2019/05/22/want-to-grow-your-dividends-this-company-looks-set-to-increase-its-payout/ Want to Grow Your Dividends? This Company Looks Set to Increase its Payout   |
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
23-May-2019 22:24
|
||||
|
x 0
x 0 Alert Admin |
As a result of the BP Group&rsquo s success in winning several milestone projects in FY2019, the BP Group has reinforced its position as one of Singapore&rsquo s market leaders in the industrial real estate sector, offering integrated capabilities across almost the entire industrial real estate value chain.  The BP Group continues to invest substantially in advanced capabilities with Industry 4.0 transformation standards and market-leading methodologies &ndash including integrated digital delivery, 7D building information modelling, virtual design and construction, design for manufacturing and assembly, drone technology, and augmented and virtual reality &ndash initiatives that are visibly advancing the BP Group&rsquo s real estate partnership credentials with global industry leaders and furthering its competitive edge.  Notwithstanding that the BP Group has seen an improvement in construction activities in the industrial real estate sector in Singapore, competition is expected to remain intense with margin pressure.     A record $633 million worth of contracts were secured in FY2019 (adjusted following the change in accounting policy explained earlier under Note 5), contributing to the BP Group&rsquo s current order book backlog which stands at a record full-year announcement level of approximately $660 million (unrecognised project revenue remaining at the end of FY2019 plus the total value of new orders secured since then).  These include the sizeable contracts for the JTC Multi-Storey Recycling Facility and Surbana Jurong Campus.     On the real estate front, the BP Group successfully completed the Boustead Development Partnership&rsquo s ALICE@Mediapolis, with approximately 80% of the property&rsquo s net leasable area either committed or under advanced negotiations as at the date of this announcement.  Rental cash flow from Amcor Flexibles Singapore&rsquo s integrated production and logistics facility and the new lease for 85 Tuas South Avenue 1 are also expected to commence during FY2020 following the completion of construction and additions and alterations works respectively.  During FY2019, the BP Group also successfully secured land for its new Braddell Road smart development in Singapore, with construction to commence in FY2020.   During FY2019, the BP Group also progressed on several of its strategic partnerships to augment its growth, which include:   &bull Securing the fifth and sixth development projects under its Boustead Development Partnership, which are respectively Amcor Flexibles Singapore&rsquo s integrated production and logistics facility, and Bombardier Aerospace Singapore Service Centre Phase 2 at Seletar Aerospace Park   &bull Establishing the Echo Base joint venture &ndash a real estate fund management and services platform focused on the development, investment and management of smart buildings and integrated developments across the Asia Pacific in selected global gateway cities &ndash with the Razer Southeast Asia HQ as its maiden project and is also expected to facilitate the BP Group&rsquo s entry into non-industrial asset classes across a wider geographical reach and   &bull Entering into a joint venture with Malaysia Airports Holdings Bhd to develop an aerospace and high-tech park at Subang Aerotech Park in Selangor, to be leased to corporations serving the aerospace industry.   The new leasehold developments secured in FY2019 are expected to be completed over the next two years and will significantly boost the cash flow, income, quality and size of the BP Group&rsquo s leasehold portfolio (both wholly-owned and jointly-owned). Among these assets &ndash ALICE@Mediapolis and the Braddell Road smart development &ndash are also expected to contribute to the future profitability of the BP Group once full leasing and asset stabilisation have been achieved.   Shortly after the close of FY2019, the BP Group also completed its strategic investment in 25% of DSCO Group Holdings Pte Ltd (&ldquo DSCO&rdquo ), a provider of specialised building engineering consulting services in the Asia Pacific.  The BP Group expects its investment in DSCO to support its future expansion and complement its range of expertise in high-tech and high-value specialised projects such as data centres. |
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
08-May-2019 20:59
|
||||
|
x 0
x 0 Alert Admin |
https://www.fool.sg/2019/05/08/3-things-investors-will-love-about-boustead-singapore-limited/ it does not make sense for Boustead Project to trade at $1.00 plus while boustead is still languishing at $0.80 only.... Remember Boustead is the parent company and owns 53% of Boustead  Project and is 30% Net Cash
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
alexchew
Master |
22-Feb-2019 08:53
|
||||
|
x 0
x 0 Alert Admin |
boustead is very stable.. it' s management is rewarding minority shareholders and i do not see them doing funny things. Unlike many other local companies..  The re-valued will slowly happen when their big investment portfolio manages to be sold off at decent prices.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
21-Feb-2019 23:56
|
||||
|
x 0
x 0 Alert Admin |
Boustead Singapore Limited (&ldquo Boustead&rdquo or &ldquo the Company&rdquo ) is pleased to announce that a contract worth over S$70 million has been awarded to the wholly-owned design-andbuild business unit of Boustead&rsquo s separately listed 53%-owned subsidiary, Boustead Projects Limited (&ldquo Boustead Projects&rdquo ).  Under the contract, Boustead Projects will design and build an integrated advanced high-tech manufacturing facility in Singapore.   For more information, please refer directly to the announcement released by Boustead Projects over the SGXNET on 19 February 2019.   The award of the latest contract has raised the Boustead Group&rsquo s order book backlog to approximately S$827 million (unrecognised project revenue remaining at the end of December 2018 plus the total value of new orders secured since then).   The above contract is not expected to have a material impact on the profitability, earnings per share (&ldquo EPS&rdquo ) and net tangible asset value per share of the Boustead Group in the current financial year ending 31 March 2019.  However, it is expected to have a positive material impact on the Boustead Group&rsquo s profitability and EPS for the financial year ending 31 March 2020. |
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
01-Feb-2019 21:21
|
||||
|
x 0
x 0 Alert Admin |
Boustead Book Order is now more than $800 mil (boosted by Boustead Project), of which it owns 53%
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tangsookiam1947
Master |
13-Nov-2018 20:19
|
||||
|
x 0
x 0 Alert Admin |
half year EPS already close to 4 cents. usually 2nd half will be much stronger. if full year EPS is 8 cents, then PE will be 10 only. share price (with 1 cents interim dividend) is only 78 cents.  The Group&rsquo s net asset value per share strengthened to 66.2 cents at the end of 1H FY2019 from 63.5 cents at the end of FY2018, even after the final dividend payments for FY2018 by both Boustead Singapore and Boustead Projects, while the net cash position (i.e. net of all bank borrowings) remained healthy at S$188.4 million at the end of 1H FY2019, translating to a net cash per share position of 38.2 cents.  In addition, the Group held S$66.0 million in investment securities at the end of 1H FY2019, of which about half of the amount is highly liquid.   The Group has been awarded about S$127 million in contracts since the start of FY2019.  The current order book backlog stands at a healthy S$298 million (unrecognised project revenue remaining at the end of 2Q FY2019 plus the total value of new orders secured since then), of which S$86 million is under the Energy-Related Engineering Division and S$212 million is under the Real Estate Solutions Division  
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
21-Aug-2018 19:41
|
||||
|
x 0
x 0 Alert Admin |
Super GEM!
|
||||
| Useful To Me Not Useful To Me | |||||
|
alexchew
Master |
14-Aug-2018 11:49
|
||||
|
x 0
x 0 Alert Admin |
its good and stable. Consider good performance in bad market.. the PE will look good when earnings kick up in next few quarters. Can keep considering good yield.
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
14-Aug-2018 10:56
|
||||
|
x 0
x 0 Alert Admin |
if net profit so poor, how on earth did the company manage to accumulate so much cash over the years? Net cash is now > $200 mil or 50% of market cap!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tangsookiam1947
Master |
14-Aug-2018 10:22
|
||||
|
x 0
x 0 Alert Admin |
net profit is 12.2 mil (attributiable to equity holders) for one quarter alone. think u read wrongly.. hahaha net profit (adjusted for comparison) = $7.9 mil or $3.3mil higher (compared to last year) |
||||
| Useful To Me Not Useful To Me | |||||
|
desmodeus
Veteran |
14-Aug-2018 01:08
|
||||
|
x 0
x 0 Alert Admin |
Net profit from operations of 3.3 against revenue of 107 is not stellar | ||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
13-Aug-2018 19:32
|
||||
|
x 0
x 0 Alert Admin |
Net Cash 208.5 mil or 42.3 cents!!!! EPS - 2.5 cents (Q1 alone).
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
13-Aug-2018 19:03
|
||||
|
x 0
x 0 Alert Admin |
1Q FY2019 Highlights:   &bull Total revenue increased 18% year-on-year to S$107.0 million.   &bull Total profit rose 200% year-on-year to S$18.1 million and net profit climbed 315% year-on-year to S$12.2 million, mainly supported by a combination of better operating performance with improved margins and sizeable other gains.   &bull For a comparative review after adjusting for other gains/losses net of noncontrolling interests, net profit for 1Q FY2019 would have been approximately S$3.3 million or 72% higher year-on-year than 1Q FY2018.   &bull The Group&rsquo s current order book backlog stands at S$304 million.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
22-Jul-2018 20:39
|
||||
|
x 0
x 0 Alert Admin |
Boustead and Boustead Project are on rocket launching pad, ready to propel soon.... Pls wear your seat belt tight | ||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
18-Jul-2018 20:57
|
||||
|
x 0
x 0 Alert Admin |
Boustead going to BREAK UP a lot SOON!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
13-Jul-2018 19:18
|
||||
|
x 0
x 0 Alert Admin |
Boustead market cap = 393 mil ($0.80 cents x 492.3 mil share) plus inclusive of 2 cents dividends Cash level = 195 mil Boustead' s share of Boustead project (now at $0.895) = $147 mil For only $50 mil ($393m - $195m - $147m), we are getting the following:- 1. Geo-spatial segment with PBT of $25 mil 2. Medical segment (recent acquisition) 3. Oil and gas segment   The geo-spatial segment alone is easily worth $250 mil (P/E > 10), not to forget the medcial segment which is poised to expand significantly after Boustead buys over from the original owner. Not to forget that Boustead Project is easily worth > $2 or market cap of $750 mil ( 250 PSF x 3mil sq ft). When this happens, Boustead' s share of BP would have become ~$400mil = current Boustead' s Market Cap....  
|
||||
| Useful To Me Not Useful To Me | |||||
|
alexchew
Master |
05-Apr-2018 15:26
|
||||
|
x 0
x 0 Alert Admin |
hmmm...all investment and held for sale properties are at cost... 
|
||||
| Useful To Me Not Useful To Me | |||||

