Latest Forum Topics / Alpina Holdings Last:0.19 -- |
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Alpina Holdings
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WBdisciple
Master |
22-May-2023 20:55
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Alpina Awarded New Contract with a Provisional Contract Sum of Approximately S$39.6 Million to Provide M& E Maintenance and A& A Works for a Ministry of the Singapore Government   > The contract is expected to commence in June 2023 and complete by June 2027 with an option for the customer to extend the contract for another twelve months > Barring any unforeseen circumstances or events, the Board expects the contract to contribute positively to the Group&rsquo s financial results and its net tangible assets per share and earnings per share for the duration of the contract   SINGAPORE, 22 May 2023 &ndash Alpina Holdings Limited (高 峰 控 股 有 限 公 司 ) (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), an established Singapore-based specialist in providing integrated building services (&ldquo IBS&rdquo ), mechanical and electrical (&ldquo M& E&rdquo ) engineering services, and alteration and addition (&ldquo A& A&rdquo ) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Digo Corporation Pte. Ltd., has been awarded a forty-eight months term contract to provide M& E maintenance and A& A works (&ldquo Term Contract&rdquo ) for a Ministry of the Singapore Government. The provisional contract sum of approximately S$39.6 million under the Term Contract is indicative only and may not be an accurate indicator of the actual revenue to be recognised by the Group under the Term Contract as the final contract sum will depend on, inter alia, the actual work to be undertaken by the Group. Majority of the Group&rsquo s projects are public sector projects of which the Singapore Government or a public university in Singapore is the project owner. In April 2023, the Group was awarded a contract with a provisional contract sum of approximately S$117 million for the design, installation, construction, testing and commissioning of solar photovoltaic systems in Singapore.  The Group currently holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, it has attained the highest grading of L6 for its registration under the ME15 (Integrated Building Services) and ME05 (Electrical Engineering) Workheads, which allow the Group to undertake projects in the public sector with no tendering limits and no project value limits under the respective Workheads.  Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said, &ldquo We are proud of our strong operational track record in serving government ministries and statutory boards in Singapore and this Term Contract is a strong validation of our commitment to meet the strategic priorities of our customers. We remain focused on growing our capabilities through a combination of both organic and inorganic growth, while pursuing more higher-margin opportunities in our target markets.&rdquo |
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tedlim
Veteran |
22-May-2023 20:27
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https://www.theedgesingapore.com/news/contracts/alpina-holdings-wins-contract-me-maintenance-and-aa-works-provisional-sum-396-mil Alpina Holdings wins contract for M& E maintenance and A& A works with a provisional sum of $39.6 mil   |
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ahsamtan98
Member |
21-May-2023 22:30
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Really random share here. Alpina&rsquo s been a little quiet for awhile, and I figured I&rsquo d give the new Bard a go with searches on news regarding Alpina. Here&rsquo s what I got.  &ldquo Yes, there are several specific trends that could benefit Alpina Holdings. These include:
Alpina Holdings is well-positioned to benefit from these trends. The company is a leading provider of solar energy solutions in Singapore, and it has a strong track record of innovation. Alpina Holdings is also committed to sustainability, and it is working to develop new solar energy technologies that are even more efficient and environmentally friendly. As these trends continue to develop, Alpina Holdings is well-positioned to grow its business and become a leading player in the global solar energy industry.&rdquo  
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For_The_Next_Leg
Veteran |
19-May-2023 14:32
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$GHY Culture(XJB.SI) Insiders have 77% of the company! That' s a lot of skin in the game!
 
https://finance.yahoo.com/news/77-ownership-g-h-y-034437877.html
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ahsamtan98
Member |
14-May-2023 20:13
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Actually just a quick question for the chat. Alpina is pretty much the gold standard in Singapore. Do you think there is any room for it to expand overseas? And if so, where? I think building standards are different across the world, and information on how the building standards differ from country to country is quite hard to find. Does anyone have stats on this, and also where Alpina might be able to expand to?  |
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For_The_Next_Leg
Veteran |
10-May-2023 15:50
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$Alpina Holdings(ZXY.SI) other than the solar projects, the company still have it' s integrated building services which will benefit as more BTO get completed. https://www.btohq.com/bto-top-tracker |
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ahsamtan98
Member |
07-May-2023 00:16
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A little too far off from the little red dot, but could this actually be great news for Alpina? https://www.eco-business.com/news/a-us200-billion-opportunity-in-southeast-asia-lies-in-solar-two-wheeler-evs-batteries-mckinsey-report/ |
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ahsamtan98
Member |
01-May-2023 03:05
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A little late to the game but it seems like they' re buying dormitories now? Will really like to see what the game plan is here. Perhaps greener dormitories?  https://sbr.com.sg/building-engineering/news/alpina-holdings-take-over-wan-dormitory-24m |
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For_The_Next_Leg
Veteran |
26-Apr-2023 09:07
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$Alpina Holdings(ZXY.SI) there is a struggle for power in US on solar now. Basically Biden allow waiver for business that took panels from SEA companies that fixed these parts tgt will not have tariffs even if parts from China. The house is challenging this now. My view is if the house wins, Alpina benefit from possible lower cost since panels in SEA may get cheaper. If Biden veto and wins, Alpina will not suffer as cost already included. https://www.reuters.com/world/us/biden-veto-legislation-block-solar-tariff-waivers-officials-2023-04-24/ |
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ahsamtan98
Member |
19-Apr-2023 22:27
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An oldie, but a goldie. Especially the part about diversification. Doing a ton of research on this field lately and this was one of my best reads. Hopefully my interest in Alpina would be a step in the right direction. https://privatebank.barclays.com/insights/2022/november/global-outlook-2023/case-for-investing-in-clean-energy/ |
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ahsamtan98
Member |
15-Apr-2023 23:20
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Even more good news for the industry!  https://www.globallegalpost.com/news/greenberg-traurig-eyes-asia-renewables-boom-as-firm-opens-in-singapore-447997290 |
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For_The_Next_Leg
Veteran |
10-Apr-2023 13:43
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$Alpina Holdings(ZXY.SI) Alpina Holdings services will be much more in demand in the future. https://www.straitstimes.com/singapore/s-pore-plans-to-upgrade-electricity-grid-amid-rising-energy-demand-increasing-use-of-renewables |
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ahsamtan98
Member |
09-Apr-2023 13:53
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It' s not just HDBs, but also government buildings now! Imagine if Alpina actually gets those contracts too?  https://www.straitstimes.com/singapore/housing/solar-panels-to-be-installed-on-1290-hdb-blocks-by-2025-bringing-total-to-8400-blocks |
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ahsamtan98
Member |
06-Apr-2023 13:58
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If I' m not wrong, the SolarNova project (same one that awarded Alpina with this gigantic $117 million contract) has only issued tenders for about 70% of HDBs in Singapore. If Alpina does well for this, it could mean a sustained (and large) source of income for the company.  |
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For_The_Next_Leg
Veteran |
06-Apr-2023 13:40
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$Alpina Holdings(ZXY.SI) Awarded a new contract that is worth over $117m! Definitely will significantly to boost their revenue moving forward. Let' s not forget that their revenue only around $50m. This could double their revenue in the coming year! https://www.theedgesingapore.com/news/contracts/alpina-holdings-clinches-contract-solar-photovoltaic-systems-provisional-contract-sum |
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WBdisciple
Master |
04-Apr-2023 09:35
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This counter is on my radar screen....99% customers are Singapore govt entities, dividend paying, new growth catalysts in Solar Energy. Recent dorm acquisition is prob to control internal costings and add another layer of revenue flow. Today' s BT article on Centurion highlighted the shortage of dorm in Singapore..clever move by Alpina team. Let' s see how it flow down to their financials. Pls do your own DD. |
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Joelton
Supreme |
04-Apr-2023 08:36
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Alpina unit bags S$117 million project to build solar panels
 
ALPINA ENERGY, a wholly-owned subsidiary of Catalist-listed Alpina Holdings : ZXY 0%, announced on Monday (Apr 3) that it has clinched a contract worth S$117 million to design, install, construct, test and commission solar photovoltaic systems for a Housing and Development Board (HDB) project.
 
The contract from HDB was jointly awarded to two companies last year. One of them was Digo Corporation, which is a wholly-owned subsidiary of Alpina Holdings, as well as another company known as Terrenus Energy.
 
The two later set up a joint venture company, Novasix, in a 51:49 ownership and subcontracted the project to Alpina Energy.
 
The group expects the contract to be completed by end-2024. The contract is also not expected to have a material impact on the group&rsquo s earnings per share and net tangible assets per share for the financial year ending Dec 31, 2023.
 
It added that the S$117 million provisional contract sum is only an indicative figure and may not be an actual revenue figure that will be recognised.
 
The final contract sum will depend on the actual energisation capacity at the final design stage, as well as during the implementation phase of the project, said Alpina Holdings in a filing with the Singapore Exchange.
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tedlim
Veteran |
03-Apr-2023 16:43
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Recent big news from this sleeping beauty... 1. bought a workers dormitary for S$24 million 2. won a S$117m solar energy contract that is targeted to be compelted in 2024..that means about S$55m that can be recognised over 2 years. last 2 years full year revenue is average of S$50million...so the solar energy contract alone will bring in that amount...(pls do your own DD). Interesting once this sleeping beauty awakes..   |
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Joelton
Supreme |
03-Apr-2023 10:21
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Alpina Awarded Contract in Singapore with a Provisional Contract Sum of Approximately S$117 Million Representing Largest Single Contract Secured by Alpina till Date
 
- The contract involves the design, installation, construction, testing and commissioning of solar photovoltaic systems for the Project
 
- The final contract sum under the contract will be dependent on, inter alia, the actual energisation capacity at the final design stage as well as during the implementation phase of the Project
 
- Barring unforeseen circumstances, the contract is expected to be completed by the end of 2024
 
Alpina Holdings Limited (高 峰 控 股 有 限 公 司 ) (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), an established Singapore-based specialist in providing integrated building services (&ldquo IBS&rdquo ), mechanical and electrical (&ldquo M& E&rdquo ) engineering services, and alteration and addition (&ldquo A& A&rdquo ) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Alpina Energy Pte. Ltd. (&ldquo Alpina Energy&rdquo ), has been awarded a renewable energy project in Singapore with a contract value of approximately S$117 million.
 
The renewable energy project is the latest single contract secured by the Group till date and it was awarded by Novasix Pte Ltd, which was incorporated by the Group&rsquo s wholly-owned subsidiary, Digo Corporation Pte Ltd (&ldquo Digo&rdquo ), and Terrenus Energy (&ldquo Terrenus Energy&rdquo ), a renewable energy systems developer and solutions provider based in Singapore. 
 
In March 2022, both Digo and Terrenus Energy were jointly awarded the sixth solar leasing tender under the SolarNova programme (the &ldquo Solarnova Phase 6 Project&rdquo ) by the Housing & Development Board (&ldquo HDB&rdquo ).
 
The renewable energy project involves the Design, Installation, Construction, Testing and Commissioning for the Solarnova Phase 6 Project, which aims to aggregate public sector demand for the installation of solar panels across 1,198 HDB blocks and 57 government sites. In addition, the Solarnova Phase 6 Project includes the requirement to install smart electrical sub-meters at HDB blocks to monitor and analyse energy consumption patterns and the performance of common services at each HDB block.
 
The Group holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, the Group holds a ME03 (Solar PV system integration) Workhead registration, which allows the Group to undertake installation, testing, commissioning, maintenance and repair of ground/ building-mounted grid-connected solar PV systems for electricity generation.
 
Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said, &ldquo Together with Terrenus Energy, we are delighted to have reached another key milestone in our renewable energy venture. 
 
For Alpina, it is much more significant as the contract value of S$117 million marks the largest single contract ever secured by the Group.
 
With Alpina&rsquo s integrated capabilities and focus on operational excellence, we are well-positioned to build up our track record as an enabler for green energy.
 
Solar energy is pivotal in mainstreaming renewable energy usage in Singapore, hence we look forward to work closely with our partners to bring the Solarnova Phase 6 Project to fruition, generating steady commercial and environmental value in the long run for stakeholders.&rdquo
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For_The_Next_Leg
Veteran |
30-Mar-2023 15:08
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$Alpina Holdings(ZXY.SI) further evidence that wan dormitory business is a good move. https://www.straitstimes.com/singapore/foreign-worker-housing-at-full-capacity-with-situation-unlikely-to-ease-soon |
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