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Lakelife already top on 30 dec 2016....gaogao profit for bbr....so will they give more dividend? 1.8c ?
edwinjup ( Date: 01-Dec-2016 17:40) Posted:
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Bet some here for the lake life ec top in dec/jan.....expect around $15m profit this joint venture.....or 4.7c......cheers
Very poor 3q result...due to cost overrun...etc....if without the other income...bbr will be in red.....beware...remove from my watchlist
FairPerson ( Date: 27-Aug-2014 21:03) Posted:
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BBR share price has been holding well at 29.5 cents after excellent 2Q result released on 5 Aug 14.
Good result is expected to continue, probably will move up to 31 cents in early Nov 14 when BBR release 3Q result.
jgjonathangoh ( Date: 07-May-2014 10:33) Posted:
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BBR Holdings&rsquo revenue soars to S$142.8m with
sustained momentum
Highlights
&bull Growth momentum for revenue and net profit sustained in 1Q2014
&bull Order book stands at S$820 million with projects lasting to 2016
&bull Net Asset Value of S$130.8 million as at 31 March 2014
| Three months ended 31 March |
1Q2014 (S$&rsquo m) |
1Q2013 (S$&rsquo m) |
Change |
|---|---|---|---|
| Revenue | 142.8 | 78.2 | +83% |
| Gross Profit | 11.3 | 7.2 | +57% |
| Profit Before Tax | 6.1 | 2.6 | +136% |
| Net Profit after tax attributable to equity holders | 5.0 | 2.1 | +145% |
| Earnings Per Share (cents) | 1.64 | 0.67 | +145% |
SINGAPORE, 6 May 2014 &ndash MAINBOARD-LISTED BBR Holdings (S) Ltd (BBR 控
股 ) (&ldquo BBR&rdquo or &ldquo the Group&rdquo ) has posted sustained robust revenue growth of 83% at
S$142.8 million in group revenue in the first three months of financial year ended 31
March 2014 (1Q2014), as compared to S$78.2 million in the corresponding quarter
(1Q2013). Net profit attributable to equity holders of the Group more than doubled to
S$5.0 million in 1Q2014 from S$2.1 million for the same period last year.
ANNEX 1: Business Update
1) Specialised Engineering & General Construction Segments
Currently, BBR is working on a number of civil engineering and building projects
from both the public and private sectors in Singapore as well as Malaysia. These
include:
a S$153.1 million contract to design and construct a mixed-use development
at Fusionopolis Place, scheduled for completion at the end of 2014
a S$102.7 million contract to construct housing and sports facilities (Phase 1)
for The Singapore University of Technology and Design at Changi, Singapore
scheduled for completion in phases in third quarter 2013 and fourth quarter
2014
two contracts totalling RM76.45 million to construct and complete the facilities
works for the Kelana Jaya LRT Line Extension Project, Package A and B, in
Kuala Lumpur, Malaysia, which are expected to be completed in the second
half of 2014
a S$79.8 million contract secured from the Land Transport Authority (LTA) to
widen Keppel Viaduct targeted to be completed in the second half of 2015
a S$413.8 million construction contract awarded to a joint venture, Takenaka&ndash
Singapore Piling Joint Venture by the National Heritage Board to restore two
iconic heritage monuments in the heart of the Civic District, the former
Supreme Court and the adjacent City Hall targeted for completion in 2015.
BBR&rsquo s wholly-owned subsidiary, Singapore Piling & Civil Engineering Private
Limited has a 25 per cent share in the joint venture
a S$139.6 million contract from the Urban Redevelopment Authority to
construct Phase 3B (MC02) of the Proposed Common Services Tunnel at
Marina Bay targeted for completion in the second half of 2014
a LTA contract worth S$81.5 million to design and construct the Tai Seng
Facility Building for the Downtown Line Project with completion in the fourth
quarter of 2014
a S$179 million contract from the Housing and Development Board (HDB) to
construct 17 blocks of 1,386 new homes in Pasir Ris Neighbourhood 5 due to
be completed in the second half of 2014
a S$108 million contract from the HDB to build 808 HDB flats at Kallang
Whampoa C23B due to be completed by end 2015 Page 6 of 6
a S$102.8 million contract to build 755 HDB flats at Kallang Whampoa C28B
due to be completed by the second quarter of 2016
a S$74.9 million contract from the HDB to build 474 HDB flats at Sengkang
Neighbourhood 2 due to be completed by the second quarter of 2015
a building contract for Dulwich College, Singapore&rsquo s first British independent
school due to be completed by the third quarter of 2014
two contracts worth RM286 million to build two bridges in Terengganu and
Sarawak in Malaysia, which are due to be completed at the end of 2015 and
second quarter of 2016 respectively and
a contract for the construction and maintenance of a mixed-use development
at The Springside at Jalan Ulu Seletar/Sembawang Road, Singapore due to
be completed by the second half of 2015.
2) Property Development Segment
For its property development business, BBR is currently involved in two
condominium projects:
Bliss @Kovan is a freehold site on Simon Lane, Singapore that is under
construction and is to be developed into a five-storey condominium with
superior design elements consisting of 140 units of which 10 is unsold and
BBR has formed an associate company with a consortium of investors to
develop approximately 500 units of executive condominium that offers modern
and lifestyle design features at Yuan Ching Road/Tao Ching Road, Jurong,
Singapore.
single digit PE, 30% discount to NAV - value 38c
seems a good stock?
just wondering, has bbr requested for trading halt? chart doesnt seem to be moving..
BBR wins $105.8 mil worth of new contracts in Singapore and Malaysia
Mainboard-listed BBR Holdings announced it has secured $105.8 million worth of contracts since it last announced the award of a HDB building project dated 25 March 2013.
These include a contract for the construction and maintenance of Phases 14 and 15 of the mixed-use development at The Springside at Jalan Ulu Seletar/Sembawang Road, Singapore and a number of specialised engineering contracts in Singapore and Malaysia.
The contract for The Springside was awarded to the group?s wholly-owned subsidiary, Singapore Piling & Civil Engineering Private Limited. The scope of works involves the construction and maintenance of 2-blocks of a 4-storey development comprising 1-storey shops and 3-storey apartments with 2 basement car parks. Other works comprise bored pile foundation, earthworks, driveway, box drains/culverts, surface water drains, general landscaping and turfing, and mechanical and electrical services. Construction works will commence on 19 September 2013 and is scheduled to complete by September 2015.
In addition, other subsidiaries of BBR have been awarded several structural and specialised engineering contracts in Singapore and Malaysia. These included engineering works for a hospital, a number of light industrial flatted factories, warehouses and bridges, and Mass Rapid Transit station, a condominium, a number of service apartments and shopping malls.
...last: $0.255... recent low: $0.250... 1-yr low: $0.220...
...pitiful counter..
.. last done: $0.275.... two-year high: $0.305....BBR Holdings wins two new contracts worth $116mil to build bridges in Malaysia
| Written by The Edge |
| Monday, 22 April 2013 18:26 |
Mainboard-listed BBR Holdings (S) announced today that it has won two new contracts worth RM286 million ($116 million) to build two bridges in Terengganu and Sarawak in Malaysia.
The first contract is for the Pulau Sekati Bridge at Kuala Terengganu, Terengganu, which was awarded by Zainal @ Shariff Ibrahim Sdn. Bhd. The new bridge will span across Sungai Terengganu and Pulau Sekati, providing an access link from Kuala Terengganu to Telok Pasu and Jeram. Comprising two bridges side by side, each bridge consists of a 280-metre box girder bridge and two approach T-shaped girder bridges, with bridge lengths of 174-metre on Teluk Pasu side and 600-metre on Kuala Terengganu side. The 11.9-metre wide box girder bridge carries a three-traffic lane carriageway while the T-shaped girder bridge carries a four-traffic lane carriageway. Work for the bridge has started and is expected to be completed at the end of 2015.
The second contract is for the construction of the Batang Sadong Bridge at Kampung Buloh, Samarahan Division, Sarawak, which was awarded by Pekerjaan Piasau Konkerit Sdn. Bhd., a repeat client. The Group has completed several projects for this client since 2001. When completed, it will be the longest bridge in Sarawak, which will reduce the travelling distance and time for the locals. It will be part of the coastal link project initiated by the Sarawak State Government. The bridge will span across Sadong River connecting the two neighbouring villages of Sungai Buloh and Sebangan. The 1.48-kilometre long and 11.5-metre wide bridge will carry a two-way traffic lane carriageway.
This bridge consists of 10 spans with length ranging from 140 metres to 200 metres, which will be constructed using insitu balanced cantilevering method. Other than post-tensioning works for the entire bridge, the Group is involved in the superstructure construction for four out of the 10 spans using two sets of form travellers. Work has started and is scheduled for completion in the second quarter of 2016.
Both contracts were secured through BBR’s subsidiary, BBR Construction Systems (M) Sdn Bhd.
Andrew Tan, BBR’s Chief Executive Officer said: “We are delighted with these two wins for the construction of bridges in Malaysia, especially the repeat business from one of our clients, which involves the building of the longest bridge in Sarawak. These wins affirm our strong expertise and vast experience in specialised engineering and our ability to provide value to our clients through our innovative and solid structural engineering solutions.”