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Swee.🤝
Potential big coming. 🙏 🏻
Potential big coming. 🙏 🏻
spursfan ( Date: 23-Feb-2023 17:36) Posted:
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NEWS RELEASE
KINGSMEN ON RECOVERY PATH - RECORDS NET PROFIT OF S$4.6 MILLION IN FY2022
FY2022 Results Highlights
https://links.sgx.com/1.0.0/corporate-announcements/GI0K8DPZMZITI6N5/747486_KingsmenNewsReleaseFY2022.pdf
KINGSMEN ON RECOVERY PATH - RECORDS NET PROFIT OF S$4.6 MILLION IN FY2022
- Revenue increases 20.2% to S$328.4 million
- Recovery momentum expected to continue in 2023
- To continue tight rein on operations and cost management
- Pipeline of projects secured remains strong at S$133 million
- In line with the Group&rsquo s policy of distributing its profits to reward loyal shareholders, the Board is recommending a final dividend of 1.0 Singapore cent per ordinary share.
FY2022 Results Highlights
| FY2022 | FY2021 | Change | |
| Revenue | S$328.4m | S$273.2m | 20.2% |
| Gross Profit | S$70.3m | S$58.9m | 19.4% |
| Net Profit | S$4.6m | S$1.0m | 361.9% |
| EPS | 2.30 cents | 0.50 cents | 360.0% |
https://links.sgx.com/1.0.0/corporate-announcements/GI0K8DPZMZITI6N5/747486_KingsmenNewsReleaseFY2022.pdf
Kingsmen Creatives wins $36 million to design and build Singapore' s pavilion at Osaka' s World Expo 2025
Kingsmen Creatives has won a $36 million contract from the Singapore Tourism Board to help construct the Singapore Pavilion at the upcoming World Expo 2025 at Osaka.
Such world expos are held every five years. The upcoming Osaka edition will be held for six months from April to Oct 2025. The organisers are projecting some 28 million visitors.
This will be the third time Osaka is hosting a world expo.
Kingsmen says this contract is expected to contribute positively to the EPS and NTA of the company for the coming FY2023 to FY2026.
Back when the company announced its 1HFY2022 earnings for the six months ended June, it had total contracts worth $284 million as at July 2022, of which $247 million is expected to be recognised in 2022.
Kingsmen Creatives is expected to report its results on Thursday.
Nice swee.
Turning around. Hope u bought some. Slow horse.
Easily above 30c first and then 34/35c. 🙏 🏻
Turning around. Hope u bought some. Slow horse.
Easily above 30c first and then 34/35c. 🙏 🏻
Everyday ( Date: 20-Feb-2023 19:43) Posted:
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KINGSMEN AWARDED CONTRACT WORTH APPROXIMATELY SGD 36 MILLION FOR THE SINGAPORE PAVILION AT WORLD EXPO 2025 IN OSAKA, JAPAN
https://links.sgx.com/1.0.0/corporate-announcements/5BTNR3DL85I4Y8TT/04313c2db576f84969f2bf43b95b751d07225c73f83624742d530ea649f49d1e
https://links.sgx.com/1.0.0/corporate-announcements/5BTNR3DL85I4Y8TT/04313c2db576f84969f2bf43b95b751d07225c73f83624742d530ea649f49d1e
This trending up faster than expected from low.
This year quite good business. Singapore and China all open up.
Will do well, Higher revenue? To any profits?
This year quite good business. Singapore and China all open up.
Will do well, Higher revenue? To any profits?
Joelton ( Date: 14-Nov-2022 09:09) Posted:
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ACQUISITION OF 50% EQUITY INTEREST IN KINGSMEN-NASSAL KABUSHIKI KAISHA
Full details :
https://links.sgx.com/1.0.0/corporate-announcements/Z8FXIISNF2W408LZ/dec217b67296051f23f7ea24d385765b92901888b2c0acfaedd45e5f20b34f4d
Full details :
https://links.sgx.com/1.0.0/corporate-announcements/Z8FXIISNF2W408LZ/dec217b67296051f23f7ea24d385765b92901888b2c0acfaedd45e5f20b34f4d
Kingsmen Creatives
On Nov 9, Kingsmen Creatives : 5MZ 0% deputy chairman Simon Ong Chin Sim acquired 200,000 shares at 23.5 cents per share.
With a consideration of S$47,000 this increased his total interest in the leading communication design and production group from 23.19 per cent to 23.29 per cent.
Ong oversees the strategic planning and development of the group as well as its creative and brand standards.
He is one of the group&rsquo s two founders and has contributed significantly to its growth.
Small buying. Soon turn around Huat...
watch!
watch!
Joelton ( Date: 12-Aug-2022 09:54) Posted:
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Kingsmen Creatives reduces red ink to $1.5 million, chalks up $284 million order book
Kingsmen Creatives has reduced its 1HFY2022 losses to $1.5 million from $1.7 million recorded in the year earlier six months.
The company&rsquo s revenue in the same period has improved slightly by 4.5% y-o-y to $122.4 million.
&ldquo We are not out of the woods, but are encouraged to see a pick up in the volume of work and expect a strong second half performance as we drive forward in our recovery,&rdquo says group CEO Andrew Cheng.
&ldquo Our first half saw the continued impact of various lockdowns, restrictions and disruptions on our business volume, but our core business remains robust and we are seeing many more projects confirmed and coming onstream.
&ldquo We will continue to keep a tight rein on cost management and focus on improving efficiency and delivery to end the year positively and position ourselves well for the future,&rdquo adds Cheng.
See also: Hong Leong Asia sees 1HFY2022 earnings increase by 4.5% y-o-y to $42.6 mil
The company is seeing a &ldquo return&rdquo of its exhibition and events business. Its thematic attractions market continues to be buoyant with a good pipeline. Kingsmen&rsquo s retail and corporate interiors division is having &ldquo good enquiries&rdquo .
As at July 31, the company has secured contracts of $284 million, of which S$247 million is expected to be recognised in 2022.
Current market cap only SGD $66 million. This valuation is lower than many startups at seed round!
Its business resilience was amazing. Even in 2021, it was able to bring in $273 million revenue. And it even turned profitable!
LowLow12 ( Date: 31-Mar-2022 14:19) Posted:
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used to be market darling
it used to be one of the 3 phua chu kangs
making a comeback after pandemic
it used to be one of the 3 phua chu kangs
making a comeback after pandemic
Buyers starting to come in. Still early stage of recovery.
FY 2021 already turned profitable after 2 brutal Covid years. Share price trading at 22% of anuual sales. Super undervalued. Net cash around 28 cents.
FY 2021 already turned profitable after 2 brutal Covid years. Share price trading at 22% of anuual sales. Super undervalued. Net cash around 28 cents.
Is this stock a privatisation candidate? Bosses getting on in years liao. Time for them to sell out.
Kingsmen Creatives narrows net loss for 1HFY2021 to $1.7 million
Kingsmen Creatives has narrowed its net loss for 1HFY2021 to $1.7 million from $5.3 million this time last year. Revenue in the same period was down 4.8% y-o-y to $117.1 million.The company notes that its business activities have picked up with " good orders and enquiries."
However, the company warns that the recovery momentum has been affected with the emergence of new Covid-19 variants.
The company notes that events, shows and conferences originally planned for the later part of 2021 have been either postponed or cancelled.
While clients continue to be cautious in committing projects, it is seeing more enquiries for 2022 and beyond.
" We look to regain our recovery momentum once the pandemic situation stabilises and regional
economies open up," says group CEO Andrew Cheng.
As at July 31 2021, the company secured contracts of $272 million, of which S$228 million is expected to be recognised in this FY.
Kingsmen shares closed Aug 13 at 27 cents, unchanged for the day and up 3.85% year to date.
Kingsmen Creative Net Cash above 27 cents !
Kingsmen Creatives
On March 2, three directors of Kingsmen Creatives increased their interests in the leading communication design and production group.
Group CEO Andrew Cheng acquired one million shares of the listed company for a consideration of S$240,000. This took his direct interest in Kingsmen Creatives from 0.33 per cent to 0.82 per cent.
Mr Cheng oversees the group' s day-to-day management, as well as its corporate affairs, business development and also the strategic planning functions.
Kingsmen Creatives chairman and co-founder Benedict Soh Siak Poh increased his total interest from 23.04 per cent to 23.29 per cent, with Islanda acquiring 500,000 shares for a consideration of S$120,000.
Similarly, deputy chairman and co-founder Simon Ong Chin Sim acquired 500,000 shares of for a consideration of S$120,000.
All three transactions were married deals.
Both the chair and deputy chairman have contributed significantly to the growth of Kingsmen Creatives since its establishment in 1976.
On Feb 27, the group reported a net loss of S$11.1 million for its FY20 (ended Dec 31), compared to a net profit of S$0.5 million for FY19.
This was the first FY loss in the company' s history, coinciding with the Covid-19 lockdowns, temporary closures and capacity limitations.
Mr Cheng noted that the group' s working capital position remains healthy and the long-term business outlook is positive.
He added that as uncertainty remains, the group will continue its tight cost-control measures, while continuing to seek opportunities to deliver differentiated solutions, especially in areas such as thematic and experiential attractions and branded pop-up and experiential installations, as its markets recover.
As at Jan 31, the group had secured contracts of S$107 million, of which S$90 million is expected to be recognised in FY21.
nice!
johnng ( Date: 27-Nov-2020 12:04) Posted:
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CHIONG ARh after LUNCH to come...GOOD entry 285...