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641-660 of 741
Unit share price will tank down once it resumes trading. Hopefully not below the issue price of between 0.464 to 0.477.
spursfan ( Date: 18-Apr-2023 09:12) Posted:
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Anyone got any updates or highlights from today AGM?
thanks for the sharing in advance
I will dump all my units if it hits 55 cents.
vicloo ( Date: 16-Apr-2023 14:14) Posted:
Hope it revisit 55c tmr 👍 👍 👍 💪
ehclim ( Date: 16-Apr-2023 13:45) Posted:
| From their AR22 report, EBIT was $23.5m whereas their finance costs were $111.7m. Interest Coverage Ratio, ICR = EBIT/ Interest Expense which is 23.5m/111.7 equals to 0.2x which is way below the recommended ICR of 5 times. DYODD |
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Hope it revisit 55c tmr 👍 👍 👍 💪
ehclim ( Date: 16-Apr-2023 13:45) Posted:
From their AR22 report, EBIT was $23.5m whereas their finance costs were $111.7m. Interest Coverage Ratio, ICR = EBIT/ Interest Expense which is 23.5m/111.7 equals to 0.2x which is way below the recommended ICR of 5 times. DYODD.
vicloo ( Date: 16-Apr-2023 12:51) Posted:
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From their AR22 report, EBIT was $23.5m whereas their finance costs were $111.7m. Interest Coverage Ratio, ICR = EBIT/ Interest Expense which is 23.5m/111.7 equals to 0.2x which is way below the recommended ICR of 5 times. DYODD.
vicloo ( Date: 16-Apr-2023 12:51) Posted:
👍 👍 👍
ehclim ( Date: 16-Apr-2023 12:37) Posted:
| The share price will react to the good result and move up when market opens on Monday so that all the unitholders will feel good at the AGM in the Monday afternoon and praise the " Manager" |
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Hi thanks for the reply,
Btw WHEN can we know how many units are we enttitled to at 0.518cents ?
For eg. for exisiting unitholders, per 1000 shares = how many units at 0.518 cents ?
chengwh1 ( Date: 15-Apr-2023 12:18) Posted:
Apologies for the late reply, bro,... the answer is yes, existing shareholders will BE OFFERED to acquire the Pref Oeering shares at the final price that will be determined on,... I think come-Monday after the EGM. The price of $0.518 is the illustrated price used to reflect on what will happen after the exercise.
Based on the Q& A reported recently, even if the number of Pref Units issued is at the highest end of the range, our DPU will still be accretive vs 2022' s full-year results.
What we need to think abt is if there is any ' snag' this year that might not have been common in 2022' s results. This ' snag' will then throw out the comparative exercise.
actan99 ( Date: 06-Apr-2023 10:21) Posted:
Sorry,
So it means existing holders, will get some shares at $0.518 ? Or what ?
Thanks bro. |
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👍 👍 👍
ehclim ( Date: 16-Apr-2023 12:37) Posted:
The share price will react to the good result and move up when market opens on Monday so that all the unitholders will feel good at the AGM in the Monday afternoon and praise the " Manager" .
ehclim ( Date: 16-Apr-2023 11:45) Posted:
| The timing of good 1Q23 result co-incides with the coming AGM on next Monday, 17 April. Why |
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The share price will react to the good result and move up when market opens on Monday so that all the unitholders will feel good at the AGM in the Monday afternoon and praise the " Manager" .
ehclim ( Date: 16-Apr-2023 11:45) Posted:
The timing of good 1Q23 result co-incides with the coming AGM on next Monday, 17 April. Why?
ehclim ( Date: 16-Apr-2023 11:42) Posted:
| The good 1Q23 result was due to 1: Aramco Gas Pipelines Company: Profit $10.7m which acquired 49% stake in Aramco Gas Pipelines Company in Feb 2022 2: BKR2: Profit $19.5m which acquired a 20.5% interest in BKR2, an offshore wind farm in Germany in Dec 2022. I wonder the profit from BKR2 is one off gain or from the operation? Is the profitability of the new acquisitions sustainable? From the past 2 years AR, the nett earnings per unit is less than 1 cent (ie 0.02 cent). They have continuously issue Prerferential offerings or placement is for parring debts financing the DPU of 3.8 cents/ unit and worst of all is for acquiring new assets to replace the aging assets like WTE and NeWater which their concessions are expiring soon where their asset value will become zero. KIT NAV is about 19,2 cents and unit share price traded at 51.5 cents which is PB ratio of 2.7x. The Price to Book value is extremely high at 2.7 times. DYODD |
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| Fiscal Period: December |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
| Capitalization1 |
2 720 |
2 720 |
2 696 |
2 571 |
- |
- |
| Enterprise Value (EV)1 |
4 300 |
3 716 |
2 696 |
2 571 |
2 571 |
2 571 |
| P/E ratio |
-79,0x |
-21,1x |
96,3x |
25,8x |
25,8x |
25,8x |
| Yield |
6,83% |
6,94% |
7,07% |
7,77% |
7,77% |
7,77% |
| Capitalization / Revenue |
1,75x |
1,73x |
1,34x |
1,24x |
1,21x |
1,19x |
| EV / Revenue |
1,75x |
1,73x |
1,34x |
1,24x |
1,21x |
1,19x |
| EV / EBITDA |
9,33x |
8,56x |
6,71x |
6,09x |
5,83x |
5,63x |
| Enterprise Value (EV) / FCF |
- |
- |
- |
- |
- |
- |
| FCF Yield |
- |
- |
- |
- |
- |
- |
| Price to Book |
2,38x |
2,44x |
2,80x |
2,71x |
2,86x |
2,86x |
| Nbr of stocks (in thousands) |
4 990 438 |
4 991 263 |
4 991 790 |
4 992 254 |
- |
- |
| Reference price (SGD) |
0,55 |
0,55 |
0,54 |
0,52 |
0,52 |
0,52 |
| Announcement Date |
01/27/2021 |
01/26/2022 |
01/30/2023 |
- |
- |
- |
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1 SGD in Million
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 Previous period |
Next period |
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ehclim ( Date: 16-Apr-2023 11:45) Posted:
The timing of good 1Q23 result co-incides with the coming AGM on next Monday, 17 April. Why?
ehclim ( Date: 16-Apr-2023 11:42) Posted:
| The good 1Q23 result was due to 1: Aramco Gas Pipelines Company: Profit $10.7m which acquired 49% stake in Aramco Gas Pipelines Company in Feb 2022 2: BKR2: Profit $19.5m which acquired a 20.5% interest in BKR2, an offshore wind farm in Germany in Dec 2022. I wonder the profit from BKR2 is one off gain or from the operation? Is the profitability of the new acquisitions sustainable? From the past 2 years AR, the nett earnings per unit is less than 1 cent (ie 0.02 cent). They have continuously issue Prerferential offerings or placement is for parring debts financing the DPU of 3.8 cents/ unit and worst of all is for acquiring new assets to replace the aging assets like WTE and NeWater which their concessions are expiring soon where their asset value will become zero. KIT NAV is about 19,2 cents and unit share price traded at 51.5 cents which is PB ratio of 2.7x. The Price to Book value is extremely high at 2.7 times. DYODD |
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The timing of good 1Q23 result co-incides with the coming AGM on next Monday, 17 April. Why?
ehclim ( Date: 16-Apr-2023 11:42) Posted:
The good 1Q23 result was due to 1: Aramco Gas Pipelines Company: Profit $10.7m which acquired 49% stake in Aramco Gas Pipelines Company in Feb 2022 2: BKR2: Profit $19.5m which acquired a 20.5% interest in BKR2, an offshore wind farm in Germany in Dec 2022. I wonder the profit from BKR2 is one off gain or from the operation? Is the profitability of the new acquisitions sustainable? From the past 2 years AR, the nett earnings per unit is less than 1 cent (ie 0.02 cent). They have continuously issue Prerferential offerings or placement is for parring debts financing the DPU of 3.8 cents/ unit and worst of all is for acquiring new assets to replace the aging assets like WTE and NeWater which their concessions are expiring soon where their asset value will become zero. KIT NAV is about 19,2 cents and unit share price traded at 51.5 cents which is PB ratio of 2.7x. The Price to Book value is extremely high at 2.7 times. DYODD.
Kandee ( Date: 15-Apr-2023 07:05) Posted:
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The good 1Q23 result was due to 1: Aramco Gas Pipelines Company: Profit $10.7m which acquired 49% stake in Aramco Gas Pipelines Company in Feb 2022 2: BKR2: Profit $19.5m which acquired a 20.5% interest in BKR2, an offshore wind farm in Germany in Dec 2022. I wonder the profit from BKR2 is one off gain or from the operation? Is the profitability of the new acquisitions sustainable? From the past 2 years AR, the nett earnings per unit is less than 1 cent (ie 0.02 cent). They have continuously issue Prerferential offerings or placement is for parring debts financing the DPU of 3.8 cents/ unit and worst of all is for acquiring new assets to replace the aging assets like WTE and NeWater which their concessions are expiring soon where their asset value will become zero. KIT NAV is about 19,2 cents and unit share price traded at 51.5 cents which is PB ratio of 2.7x. The Price to Book value is extremely high at 2.7 times. DYODD.
Kandee ( Date: 15-Apr-2023 07:05) Posted:
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Apologies for the late reply, bro,... the answer is yes, existing shareholders will BE OFFERED to acquire the Pref Oeering shares at the final price that will be determined on,... I think come-Monday after the EGM. The price of $0.518 is the illustrated price used to reflect on what will happen after the exercise.
Based on the Q& A reported recently, even if the number of Pref Units issued is at the highest end of the range, our DPU will still be accretive vs 2022' s full-year results.
What we need to think abt is if there is any ' snag' this year that might not have been common in 2022' s results. This ' snag' will then throw out the comparative exercise.
actan99 ( Date: 06-Apr-2023 10:21) Posted:
Sorry,
So it means existing holders, will get some shares at $0.518 ? Or what ?
Thanks bro.
chengwh1 ( Date: 27-Mar-2023 00:51) Posted:
On the retail side, this will be offered to investors who are existing unitholders, because it will be SOLELY a Placement or a Placement+Preferential Offering.. The assumed price used for the Pref Offering is $0.518 per unit. Details are in the Circular to the EGM.
The ratio has not been determined yet. Are you guys keen to participate,... opinions please,... |
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I bought some KIT today still have preferential share?
Sorry,
So it means existing holders, will get some shares at $0.518 ? Or what ?
Thanks bro.
chengwh1 ( Date: 27-Mar-2023 00:51) Posted:
On the retail side, this will be offered to investors who are existing unitholders, because it will be SOLELY a Placement or a Placement+Preferential Offering.. The assumed price used for the Pref Offering is $0.518 per unit. Details are in the Circular to the EGM.
The ratio has not been determined yet. Are you guys keen to participate,... opinions please,....
Kandee ( Date: 20-Mar-2023 10:33) Posted:
Is this open to existing share holders or to new investors?
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There is no Proforma Effects for the DPU. But there is Proforma Effects for the DIPU. I preferred to know the one for the DPU, not only for the DIPU.
By the way,... what is the difference between the DPU and the DIPU please ? Anyone knows ?
Thanks a lot. Will reply ASAP once I received from my SRS bank.
Typically, when the stock goes ?cum issue?, your financial institution managing your SRS will send you a form asking if and how many of the PS you wish to subscribe for. Note this is from available cash in your SRS account. You cannot transfer more money to your SRS account if you already exceed your transfer limit for the year. Details of PS not out but some offers allow excess to be applied if one wishes. Do be careful if you use mail to submit as the timing for reply is normally quite short hence you need to act promptly as I know many people missed their submission deadline from SRS equity which has PS issue exercise.
EricNat ( Date: 28-Mar-2023 10:50) Posted:
I bought KIT using SRS funds through FSM. How to buy the preferential shares?
Anyone can advice? |
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I bought KIT using SRS funds through FSM. How to buy the preferential shares?
Anyone can advice?
