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Beng Kuang Awarded New Projects with an Aggregate Contract Value of S$15.9 Million
&bull Under its Infrastructure Engineering Division, the Group has been awarded new projects of deck equipment and shipbuilding with an aggregate contract value of approximately S$8.1 million and S$7.8 million respectively
&bull The new contracts has significantly boosted the Group&rsquo s aggregated contract value awarded of approximately S$22.1 million to date
&bull Barring unforeseen circumstances, these new contracts provide revenue visibility ahead and are expected to contribute positively to the Group&rsquo s financial performance throughout the duration of the contracts
Commenting on the new projects awarded, Mr Yong Jiunn Run, Chief Executive Officer of Beng Kuang Group, said: &ldquo The steady pace of new order wins validates our team' s strategic efforts to revitalise and expand our deck equipment and shipbuilding business activities.
The growing traction of these complementary business segments reinforces the Group&rsquo s ability to harness value beyond our core operations, strengthening our market positioning and business resiliency.&rdquo
Beng Kuang Marine: 3Q2025 Profit before Tax Up 19.3%
- Revenue from the Group&rsquo s IE business division continue to deliver resilient revenue performance of more than S$20.0 million per quarter in 2025, which was primarily driven by the continual demand for ASOM&rsquo s repair and maintenance services.
- The Group&rsquo s deck equipment business, under IE business division, also contributed positively in 3Q2025, driven by progress on the five-unit 30-ton Knuckle
Boom Cranes contract valued at US$4.94 million.
- Finance costs continued to trend downward in 3Q2025, reflecting the Group&rsquo s deliberate deleveraging strategy and disciplined cash flow management.
- Extending our track record of profitability since our turnaround in FY2023
Commenting on the 9M2025 results, Mr Yong Jiunn Run, Chief Executive Officer of Beng Kuang Group, said:
&ldquo Our business has demonstrated strong resilience, underpinned by steady demand and disciplined execution across our core operations.
The fundamentals of our existing business activities remain robust, supported by strong operating cashflows and stable industry outlook.
At the same time, we are encouraged by the progress from the revival of deck equipment business as well as newly launched specialised industrial chemical cleaning. We also see promising opportunities in shipbuilding activities that align with our engineering capabilities which we are looking to revive and scale-up.
The positive traction of these emerging businesses reaffirms the Group&rsquo s &ldquo Value Led Transformation&rdquo and &ldquo Talent Acquisition&rdquo under the BKM 2.0 strategy which will include creating values, enhancing our readiness to capitalise on future market opportunities and strengthening financial metrics, especially, improving our asset efficiency rate.
Moving forward, we will continue to leverage our operational strengths, expand our capabilities and deepen collaboration across our business segments to deliver sustainable value for our stakeholders.&rdquo
Disappointing 9M results.
Hopefully contract wins can be the saving grace.
Hopefully contract wins can be the saving grace.
| spursfan ( Date: 06-Nov-2025 19:52) Posted: |
https://links.sgx.com/1.0.0/corporate-announcements/O2J5NQDKVLDVJLN1/866216_BKM%20-%20Corporate%20Highlights.pdf
https://links.sgx.com/1.0.0/corporate-announcements/BN0W21D9FQOF0L2Y/866211_BKM%20-%20Press%20Release.pdf
https://links.sgx.com/1.0.0/corporate-announcements/BN0W21D9FQOF0L2Y/866211_BKM%20-%20Press%20Release.pdf
30 soon.
Can it break 30? Last exit door price.
trade with caution.
Can it break 30? Last exit door price.
trade with caution.
Even with low oil prices, companies like Beng Kuang remain strong because Singapore' s economy is centered on oil shipping and paper trading, not crude production. Trading ensures continuous demand for ships to move oil, regardless of the price point. Furthermore, low utilization often leads to increased ship maintenance and refitting, a core business for these shipyards. The market understands this resilient business model and continues to invest accordingly.
https://www.megaton.com.sg/singapores-shipping-companies-navigate-through-global-challenges/#:~:text=The%20shipping%20industry%20remains%20a,concerns%2C%20and%20changing%20customer%20expectations.
Kena shorted last 2 days as well.....
Today BK touch 31.
How low can it go? Mr LowLow?
How low can it go? Mr LowLow?
LowLow12 ( Date: 30-Oct-2025 15:48) Posted:
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Fear mongering or not the share price speaks for itself.
Cornered since 2024 Jan. up 5 times
Even despite latest weak results at 25 cent, they continued to push up to 39.5 cent.
Eyes are watching
Look at the selldown with such volume.
Trade with caution.
There are many better pennies in sgx.
Once 30 break, free fall fast
Cornered since 2024 Jan. up 5 times
Even despite latest weak results at 25 cent, they continued to push up to 39.5 cent.
Eyes are watching
Look at the selldown with such volume.
Trade with caution.
There are many better pennies in sgx.
Once 30 break, free fall fast
Seems that there are quite a bit of fearmongering here...without any supporting info...
In such scenario, look at fundamentals...
will Beng Kuang continue to be profitable? Yes..high change they have been profitable since 2023 turnaround.
What are the growth catalysts? ASOM is their crown jewel with Corrosion prevention providing a good base. Recently announced deep chemcial cleaning as new biz and their marine crane biz seems to be doing well as well.
DYODD
In such scenario, look at fundamentals...
will Beng Kuang continue to be profitable? Yes..high change they have been profitable since 2023 turnaround.
What are the growth catalysts? ASOM is their crown jewel with Corrosion prevention providing a good base. Recently announced deep chemcial cleaning as new biz and their marine crane biz seems to be doing well as well.
DYODD
Players struggling to hold their fortress.
Going down soon below 30.
See how long they can defend 31/315
There is only one exit door.
Stampede happens when all want to exit.
:)
Going down soon below 30.
See how long they can defend 31/315
There is only one exit door.
Stampede happens when all want to exit.
:)
You can get ready to pick up more because it is going below 30 soon.
Enjoy your dollar averaging downwards.
I buy from you. I sell to him. He sell back to you. The merry go round washing trades continue till it cannot go on anymore.
One exit door but many outgoing patrons.
High volume trades with share price going downwards. Some big ones exiting. But there is only one door.
Careful. Trade with caution
Goodluck but there are so many counters in sgx why try gamble luck on this?
:)
Enjoy your dollar averaging downwards.
I buy from you. I sell to him. He sell back to you. The merry go round washing trades continue till it cannot go on anymore.
One exit door but many outgoing patrons.
High volume trades with share price going downwards. Some big ones exiting. But there is only one door.
Careful. Trade with caution
Goodluck but there are so many counters in sgx why try gamble luck on this?
:)
TraderBen ( Date: 29-Oct-2025 15:49) Posted:
|
i think BK caused him to have quite a substantial financial loss.. usually these type of pple get so emotional becuase of the reason.
even Marco polo can have 900% rise from 1.2cents to 10 cents.. and BK MArket cap is not even 1/5 of MArco polo..
and with assest light strategy.. i doubt the company will have issue with cash flow in the near term..
DYODD.. if it drops below 30 i will pick up more..
even Marco polo can have 900% rise from 1.2cents to 10 cents.. and BK MArket cap is not even 1/5 of MArco polo..
and with assest light strategy.. i doubt the company will have issue with cash flow in the near term..
DYODD.. if it drops below 30 i will pick up more..
stlimst ( Date: 27-Oct-2025 10:57) Posted:
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If all the warrants exercise and want to sell, do you think these group of players can hold the heavy boat?
Sure sink!
The revenue and profits last 2 years that it has shown can it substain or not?
Alot of bullish collectors here say P/E very low but so what?
The profits already started showing dwindling.
Still alot of profits for those bought 20 cent till now.
Going fall below 30 soon.
Trade with caution and be careful.
All along not genuine buying selling because float is low and cornered easily.
Good luck holding
Sure sink!
The revenue and profits last 2 years that it has shown can it substain or not?
Alot of bullish collectors here say P/E very low but so what?
The profits already started showing dwindling.
Still alot of profits for those bought 20 cent till now.
Going fall below 30 soon.
Trade with caution and be careful.
All along not genuine buying selling because float is low and cornered easily.
Good luck holding
Run for your life if you still have profits.
There is only one door and plenty want to exit.
up 500 pct in 3 years and now what is next?
As i mentioned earlier, once 32/325 comes, run hard and fast and no looking back
Those players throw left to right and asking for trouble.
Goodluck!
There is only one door and plenty want to exit.
up 500 pct in 3 years and now what is next?
As i mentioned earlier, once 32/325 comes, run hard and fast and no looking back
Those players throw left to right and asking for trouble.
Goodluck!
Not sure why you are so hostile to BK.
Keep spreading negatve views without any facts backing the claim.
Peace be with you.
Keep spreading negatve views without any facts backing the claim.
Peace be with you.
LowLow12 ( Date: 22-Oct-2025 13:25) Posted:
|
Rising oil lift all boats 🤣
Last chance to exit before a steep panic selloff.
2 more precarious levels to go 32/325
Once hit 32/325, run for life.
Trade with caution for these manipulators.
One door but many want to exit so how?
Good luck Good Game :)
2 more precarious levels to go 32/325
Once hit 32/325, run for life.
Trade with caution for these manipulators.
One door but many want to exit so how?
Good luck Good Game :)
Trade with caution
Below 32 no buyers
Below 32 no buyers
Gg le