Last:0.975     
  +0.015
$1 very soon
  +0.015$1 very soon
ozone2002 ( Date: 03-Jan-2026 12:34) Posted:
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Last:0.94     
  +0.01
target to touch $1
  +0.01target to touch $1
ozone2002 ( Date: 19-Dec-2025 09:06) Posted:
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  Last:0.94     
  +0.075
nice
  +0.075nice
Joelton ( Date: 31-Dec-2025 10:18) Posted:
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SUTL Enterprise to acquire Marina at Keppel Bay for S$40 million
Acquisition will be completed in second half of 2026, making SUTL Enterprise the largest owner-operator of integrated marinas in Singapore
 
[SINGAPORE] Marina developer and operator   SUTL Enterprise   : BHU +1.76% (SUTL) will acquire Marina at Keppel Bay from Keppel Bay for S$40 million. 
 
Mainboard-listed SUTL said in a bourse filing on Tuesday (Dec 30) that it entered into a put-and-call-option agreement with Keppel Bay to acquire the marina, with the acquisition to be completed in the second half of 2026. 
 
After acquisition, the 166-berth marina will be renamed One° 15 Marina Keppel Bay. 
 
When combined with SUTL&rsquo s existing One° 15 Marina Sentosa Cove, which has 270 berths, the deal will make SUTL the largest owner-operator of integrated marinas in Singapore. 
 
Arthur Tay, the chief executive officer of SUTL, said: &ldquo We have been actively seeking opportunities in the Asia-Pacific region to grow our business. Once completed, the proposed acquisition will enlarge One° 15&rsquo s regional footprint and strengthen our group&rsquo s position as one of the largest marina operators in Asia.&rdquo  
 
The group said it expects to increase operational efficiency through shared services and resources, and to enhance revenue generation through diversified membership tiers and new land-based lifestyle and dining experiences.
 
SUTL said it will invest in modernisation and infrastructure upgrades for the marina, including upgraded berthing infrastructure and services, improved clubhouse amenities, integrated wellness and lifestyle concepts, and new retail spaces. 
 
The filing states that the land area is around 2,973 square metres, with about 1,290 sq m of retail space. Of the S$40 million value, about S$16 million is land, S$22 million foreshore leases, and S$2 million is other assets. 
 
The foreshore is the part of a shore between the high and low water marks, and foreshore leases allow for private development and use of such land. 
 
The acquisition will be paid for by cash, with the group noting that for the period ended June 2025, its cash and cash balances were around S$30.9 million with other financial assets at around S$34 million. 
 
The acquisition could impact its ability to fund future plans and expansion, and that it may need to find external financing for projects including the development of its Marina Panwa Phuket, in Thailand. 
Last:0.86  --
trading above NAV and 6% dividend 
pretty good!
trading above NAV and 6% dividend 
pretty good!
Bullrun2021 ( Date: 01-Oct-2025 12:13) Posted:
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Return good dividend to stakeholders and is a stable stock. 
ozone2002 ( Date: 07-Aug-2025 15:00) Posted:
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Last:0.82     
  +0.015
under the radar hidden gem
  +0.015under the radar hidden gem
ozone2002 ( Date: 23-May-2025 13:04) Posted:
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5 cent dividend payout which translates to more than 6% divvy yield
trading slightly below NaV
 
trading slightly below NaV
 
Key Statistics
| EPS  (SGD)  a | 0.09614 | Trailing EPS  (SGD)  b | 0.09614 | NAV  (SGD)  c | 0.7900 |
|---|---|---|---|---|---|
| PE  a | 7.801 | Trailing PE  d | 7.801 | Price / NAV  c | 0.9494 |
| Dividend Yield  (%)  e | 6.667 | Cash In Hand  (SGD)  f | 0.3053 | Issued & Paid-up Shares  g | 88,668,902 |
| Piotroski F Score | 5 | Market Cap (M) | 66.502 | Free Float (%) | 40.2 |
| Return on Equity (ROE) (%)  h | 12.171 | Revenue Growth (%) TTM  i | -1.227 | ||
| Net Earnings Growth (%)  j | 5.364 | Net Debt/Equity  k | Net Cash | Net Debt (SGD ' 000) | -62,217 |
| Under CPF Investment Scheme (CPFIS) | Yes | ||||
| Sector & Industry | Transportation - Other Transportation | ||||
| Category Classification | Electronics | ||||
| Index Components | FTSE ST Fledgling Index   |
||||
desmondxyz ( Date: 25-Feb-2025 16:15) Posted:
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another 5 cts dividend, seems like 5 cts is becoming the new norm.....
net cash of 66 mils, translating to 75cts/share....even higher than current share price of 71cts.....not to mention that the company still generating 5 mils of free cash every year.....
HUAT !
net cash of 66 mils, translating to 75cts/share....even higher than current share price of 71cts.....not to mention that the company still generating 5 mils of free cash every year.....
HUAT !
Growth trajectory continues with expansion to Indo, Thailand and China
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15707-shaking-off-puteri-harbour-project-losses-this-spore-marina-operator-is-gearing-up-for-new-overseas-ventures
https://www.nextinsight.net/story-archive-mainmenu-60/947-2024/15707-shaking-off-puteri-harbour-project-losses-this-spore-marina-operator-is-gearing-up-for-new-overseas-ventures
ozone2002 ( Date: 14-Jun-2024 11:59) Posted:
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Not bad just got 5c dividend which is more than 7% at current price 
Updated stats
 
 
Key Statistics
| EPS  (SGD)  a | 0.09125 | Trailing EPS  (SGD)  b | 0.09125 | NAV  (SGD)  c | 0.7394 |
|---|---|---|---|---|---|
| PE  a | 7.945 | Trailing PE  d | 7.945 | Price / NAV  c | 0.9805 |
| Dividend Yield  (%)  e | 6.805 | Cash In Hand  (SGD)  f | 0.3977 | Issued & Paid-up Shares  g | 88,668,902 |
| Piotroski F Score | 7 | Market Cap (M) | 64.285 | Free Float (%) | 40.2 |
| Return on Equity (ROE) (%)  h | 12.340 | Revenue Growth (%) TTM  i | 5.192 | ||
| Net Earnings Growth (%)  j | 7.593 | Net Debt/Equity  k | Net Cash | Net Debt (SGD ' 000) | -57,120 |
ozone2002 ( Date: 19-Jan-2024 20:34) Posted:
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5 cts dividend announced for 2 consecutive years, net cash ~ 70cts/share vs 68cts share price.....5 cts is going to be a norm 
SUTL is cash rich, more importantly making $$$$
 
 
Key Statistics
| EPS  (SGD)  a | 0.08595 | Trailing EPS  (SGD)  b | 0.09702 | NAV  (SGD)  c | 0.7096 |
|---|---|---|---|---|---|
| PE  a | 7.853 | Trailing PE  d | 6.958 | Price / NAV  c | 0.9512 |
| Dividend Yield  (%)  e | 7.286 | Cash In Hand  (SGD)  f | 0.3568 | Issued & Paid-up Shares  g | 87,489,902 |
| Piotroski F Score | 8 | Market Cap (M) | 59.056 | Free Float (%) | 40.8 |
| Return on Equity (ROE) (%)  h | 13.673 | Revenue Growth (%) TTM  i | 16.102 | ||
| Net Earnings Growth (%)  j | 38.106 | ||||
SUTL proposes disposal of Johor Bahru property for RM11.5 mil
SUTL Enterprise BHU 0.00% has announced its subsidiary Sarandra Malaysia has entered into a sale and purchase agreement for the sale of its property located in Mukim Pulai District, Johor Bahru, at a purchase consideration of RM11.5 million ($3.3 million).
 
Sarandra has also entered into a sale and purchase agreement with the same private Malaysian company for the sale of the sheet piles erected or located on the property for a purchase consideration of RM400,000.
 
The property is a freehold land site with a gross land area of approximately 4941.3 sqm, intended for the development of the existing marina in Puteri Harbour, as well as for the operation of a proprietary yacht club and sports centre.
 
In February 2022, the membership scheme for the yacht club, Puteri Harbour Club, was terminated. As the property had been intended only to be used for Puteri Harbour Club, Sarandra took steps to dispose of the property.
 
Based on its latest valuation as at Oct 27, 2021, the property was valued at RM10 million. As at June 30, 2023, the book value of the property was approximately $2,890,000. 
 
Given the purchase consideration, SUTL&rsquo s gain on disposal stands at approximately $433,000.
 
The net asset value (NAV) of the property would make up 4.7% of the group&rsquo s total NAV.
Super undervalued trading at 50c vs NAV 70c.
dividend 5c at 10% dividend yield
On the back of the strong top line growth, the Group&rsquo s net attributable profit surged 53% to S$7.5 million in FY2022 from S$4.9 million in FY2021.
In line with the Group&rsquo s stellar performance for FY2022, basic earnings per share was 8.74 Singapore cents (5.74 Singapore cents in FY2021). Net asset value per share was 70.56 Singapore cents as at 31 December 2022 (63.29 Singapore cents as at 31 December 2021). The Group purchased S$29.7 million of financial assets during FY2022 that helped to increase interest income from $$163,000 in FY2021 to S$542,000 in FY2022. The Group&rsquo s cash and cash balances fell to S$25.7 million as at 31 December 2022 compared to S$46.7 million the year before due to the purchase of other financial assets.
To share the fruits of a good year with shareholders, the Board of Directors has proposed a final cash dividend of 5 Singapore cents per ordinary share in FY2022, subject to shareholders&rsquo approval at the Group&rsquo s upcoming Annual General Meeting. This represents 57.2% of net attributable profit for FY2022.
dividend 5c at 10% dividend yield
On the back of the strong top line growth, the Group&rsquo s net attributable profit surged 53% to S$7.5 million in FY2022 from S$4.9 million in FY2021.
In line with the Group&rsquo s stellar performance for FY2022, basic earnings per share was 8.74 Singapore cents (5.74 Singapore cents in FY2021). Net asset value per share was 70.56 Singapore cents as at 31 December 2022 (63.29 Singapore cents as at 31 December 2021). The Group purchased S$29.7 million of financial assets during FY2022 that helped to increase interest income from $$163,000 in FY2021 to S$542,000 in FY2022. The Group&rsquo s cash and cash balances fell to S$25.7 million as at 31 December 2022 compared to S$46.7 million the year before due to the purchase of other financial assets.
To share the fruits of a good year with shareholders, the Board of Directors has proposed a final cash dividend of 5 Singapore cents per ordinary share in FY2022, subject to shareholders&rsquo approval at the Group&rsquo s upcoming Annual General Meeting. This represents 57.2% of net attributable profit for FY2022.
spursfan ( Date: 28-Feb-2023 17:43) Posted:
|
SUTL Enterprise posts strong boost to revenue and earnings in FY2022 as lifestyle activities roar back to life
Performance lifted by higher F& B, chartering, room and marina income following the lifting of Covid-19 restrictions.
Proposes final cash dividend of 5 Singapore cents per ordinary share for FY2022
https://links.sgx.com/1.0.0/corporate-announcements/A9C8GDMXSOXAUAG9/748184_FY2022%20PR%20Final.pdf
Performance lifted by higher F& B, chartering, room and marina income following the lifting of Covid-19 restrictions.
Proposes final cash dividend of 5 Singapore cents per ordinary share for FY2022
https://links.sgx.com/1.0.0/corporate-announcements/A9C8GDMXSOXAUAG9/748184_FY2022%20PR%20Final.pdf
SUTL scraps plans for Puteri Harbour marina, to terminate membership scheme
SLUGGISH demand for long-term memberships and an unfavourable macro environment have put an end to SUTL Enterprise' s SUTL Enterprise: BHU -3.16% plans for ONE° 15 Puteri Harbour Malaysia.
 
In a midday update on Thursday (Feb 24), the mainboard-listed marina developer said it was proposing to terminate its membership scheme for the private yacht club it was building at Puteri Harbour in Johor, Malaysia, under a 60:40 joint venture incorporated with UEM Land Berhad since early 2016.
 
Citing challenges that arose amid the protracted Covid-19 pandemic, including significant delays in construction and construction costs, SUTL said the club' s management had previously considered mapping out a post-pandemic plan for the upcoming private marina and clubhouse.
 
These plans were however made " untenable" due to the unfavourable macro environment, it said.
 
SUTL said existing members of the Puteri Harbour club will be offered compensation through a payment refund plus interest, as well as a limited pass to the nearby ONE° 15 Estuari Sports Centre.
 
It is currently seeking club members' approval for the membership scheme termination, which is not expected to have a material effect on the net tangible assets and earnings per share of SUTL for the financial year ending Dec 31, 2022.
 
The group also intends to sell the assets of ONE° 15 Puteri Harbour Malaysia after the membership programme is terminated.
 
Separately, SUTL on Thursday announced a profit attributable to owners of S$2.4 million for H2 ended Dec 31, 2021. This represents a 32 per cent increase from S$1.8 million the year before on higher revenue, which grew 10 per cent year on year to S$16.7 million from S$15.1 million in H2 FY2020.
 
The group mainly derives its revenue from operating its flagship marina club at Sentosa, as well as providing consultancy to and managing third-party owned marinas located in China and Indonesia under the ONE° 15 brand.
 
Its FY2021 profit stood at S$4.9 million, up 55 per cent from S$3.2 million in FY2020 on the back of an 18 per cent surge in revenue to S$31.9 million.
 
Top-line growth for the full year was attributed to higher sales of goods and services, along with a marginal improvement in membership-related fees and management fees.
 
Earnings per share (EPS) for the H2 ended 2021 stood at S$0.0274 compared to S$0.0207, bringing the group' s EPS for the full year to S$0.0574 as opposed to S$0.0369 the previous year.