Post Reply
81-100 of 179
This company feels like another logistics holdings/isoteam.
Alpina Posts Revenue Growth of 3.5% in 1H2023 Profitability Impacted by Higher Labour Costs in 1H2023, Mainly for Contracts Secured Prior to COVID-19
· Revenue from the IBS business segment and A& A business segment increased by 12.8% and 6.0% in 1H2023 as compared to 1H2022 respectively, while revenue from the M& E business segment decreased by 31.1%
· The Group&rsquo s three business segments remained operationally profitable in 1H2023, although overall gross margins were lower, mainly due to an increase in labour and subcontracting costs, particularly for projects that were secured prior to COVID-19 pandemic
· During 1H2023, the Group secured contracts with aggregate provisional contract sum of approximately S$216.9 million, with majority of the contracts being public sector projects with varying completion dates ranging from December 2024 to June 2027
· As at 30 June 2023, the Group had total assets of S$46.35 million with cash and cash balances of S$10.55 million, while total liabilities stood at S$18.34 million
Commenting on the Group&rsquo s 1H2023 results, Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 先 生 ), said, &ldquo The projects that were secured prior to the COVID-19 pandemic generally have a contract period of 1-2 years. Following the easing of the COVID-19 restrictions, these projects required more works as there were minimal maintenance done before we were given access for the servicing.
To meet the project timelines, we had to allocate more resources to these projects, which affected our gross profit margins due to higher labour and subcontracting costs.
During 1H2023, the Group had secured a total of 13 contracts with an aggregate provisional contract sum of approximately S$216.9 million, strengthening our order book and providing visibility for our future.
Looking ahead, we remain focused on executing our strategic plan and we are determined to deliver strong financial performance and create long-term value for our stakeholders.&rdquo
$Alpina Holdings(ZXY.SI) As solar gets more important in SG, Alpina will definitely benefit being one of the first mover!
https://www.straitstimes.com/asia/se-asia/work-on-indonesia-singapore-floating-solar-farm-in-batam-to-start-next-year
https://www.straitstimes.com/asia/se-asia/work-on-indonesia-singapore-floating-solar-farm-in-batam-to-start-next-year
$Alpina Holdings(ZXY.SI) More potential business for Alpina!
" Solar panels are set to be installed at up to 1,075 Housing Board blocks by the third quarter of 2026, as part of Singapore&rsquo s drive to harness more clean energy. This will bring the number of blocks slated to have solar panels to about 9,500."
https://www.straitstimes.com/singapore/solar-panels-to-be-installed-at-1075-hdb-blocks-as-part-of-largest-tender-under-govt-solar-programme
$Alpina Holdings(ZXY.SI) Amazing...! More and more contracts! " an aggregate provisional contract sum of approximately S$216.9million" And only at a market cap of 34m!
https://links.sgx.com/1.0.0/corporate-announcements/KCPBVAD25KZF30KO/8c06ebe2869b13eb387e60ff76c2311b9b50446b423f62ee3c2dc06f49cad7ba
Alpina Secured Contracts with Aggregate Provisional Contract Sum of Approximately S$216.9 Million during the First Six Months of 2023
&bull Strengthened the Group&rsquo s project pipeline with a total of 13 contracts with an aggregate provisional contract sum of approximately S$216.9 million
&bull Majority of the contracts are public sector projects, whereby a town council in Singapore, a statutory board of the Singapore Government or a Ministry of the Singapore Government is the project owner
&bull The contracts have varying completion dates ranging from December 2024 to June 2027
The majority of the Contracts are public sector projects, whereby a town council in Singapore, a statutory board of the Singapore Government or a Ministry of the Singapore Government is the project owner.
The Group currently holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, it has attained the highest grading of L6 for its registration under the ME15 (Integrated Building Services) and ME05 (Electrical Engineering) Workheads, which allow the Group to undertake projects in the public sector with no tendering limits and no project value limits under the respective Workheads.
Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said,
&ldquo With a majority of the Contracts being public sector projects, it is another testament to our reputation and strong capabilities in our core industry domains.
Notably, we have also added new contracts from the private sector which will further augment our track record, particularly within the renewable energy sector in Singapore.
The Contracts provide visibility for our future and we will continue to proactively tender for new projects to strengthen our project pipeline.&rdquo
Alpina Holdings secures S$216.9m worth of contracts for 6M2023 majority are public sector projects
https://www.businesstimes.com.sg/companies-markets/alpina-holdings-secures-s2169m-worth-contracts-q1-majority-are-public-sector
https://www.theedgesingapore.com/news/contracts/alpina-secured-contracts-worth-about-2169-mil-1h2023
https://www.businesstimes.com.sg/companies-markets/alpina-holdings-secures-s2169m-worth-contracts-q1-majority-are-public-sector
https://www.theedgesingapore.com/news/contracts/alpina-secured-contracts-worth-about-2169-mil-1h2023
Beyond just the government sector, I believe Alpina will have a growing pool of customers from the private sector too as Singaporeans feel the pinch and look for alternative sources of energy. https://www.energyconnects.com/news/renewables/2023/june/volatile-singapore-power-prices-push-it-to-finally-embrace-solar/
$Alpina Holdings(ZXY.SI) Solar is one of the major SG future. " Nevertheless, Singapore aims to deploy at least 2 gigawatt-peak of solar energy by 2030. This is equivalent to powering about 350,000 households for a year."
https://www.nccs.gov.sg/singapores-climate-action/singapore-approach-to-alternative-energy/
$Alpina Holdings(ZXY.SI) as shared by @Jebus , the newly awarded contract is from MOE. I always thought their business will mainly be with HDB, this meant that their total addressable market is more than what I think.
Go to the website > Check for this project (MOE000ETT22000079)
Mechanical and Electrical Term Contracts for Schools.
TERM CONTRACT FOR PROVISION OF MECHANICAL & ELECTRICAL SYSTEMS MAINTENANCE AND ADDITIONS & ALTERATION WORKS TO SITES FOR A PERIOD OF FORTY-EIGHT (48) MONTHS WITH AN OPTION TO EXTEND FOR TWELVE (12) MONTHS.
https://www.gebiz.gov.sg/ptn/opportunity/opportunityDetails.xhtml
One man&rsquo s trash is another man&rsquo s treasure. Just sounds like more business for Alpina Holdings! https://www.theonlinecitizen.com/2023/06/01/hdb-addresses-long-waiting-times-for-latest-launch-of-bto-flats-yet-applicants-continue-to-flag-various-issues/
Their projects seem to be longer and longer. This might be the government' s own vote of confidence?
$Alpina Holdings(ZXY.SI) Another 39.6m of order book for 4 years! Amazing!
https://www.investingnote.com/posts/2627169
Alpina Awarded New Contract with a Provisional Contract Sum of Approximately S$39.6 Million to Provide M& E Maintenance and A& A Works for a Ministry of the Singapore Government
· The contract is expected to commence in June 2023 and complete by June 2027 with an option for the customer to extend the contract for another twelve months
· Barring any unforeseen circumstances or events, the Board expects the contract to contribute positively to the Group&rsquo s financial results and its net tangible assets per share and earnings per share for the duration of the contract
SINGAPORE, 22 May 2023 &ndash Alpina Holdings Limited (高 峰 控 股 有 限 公 司 ) (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), an established Singapore-based specialist in providing integrated building services (&ldquo IBS&rdquo ), mechanical and electrical (&ldquo M& E&rdquo ) engineering services, and alteration and addition (&ldquo A& A&rdquo ) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Digo Corporation Pte. Ltd., has been awarded a forty-eight months term contract to provide M& E maintenance and A& A works (&ldquo Term Contract&rdquo ) for a Ministry of the Singapore Government.
The provisional contract sum of approximately S$39.6 million under the Term Contract is indicative only and may not be an accurate indicator of the actual revenue to be recognised by the Group under the Term Contract as the final contract sum will depend on, inter alia, the actual work to be undertaken by the Group.
Majority of the Group&rsquo s projects are public sector projects of which the Singapore Government or a public university in Singapore is the project owner.
In April 2023, the Group was awarded a contract with a provisional contract sum of approximately S$117 million for the design, installation, construction, testing and commissioning of solar photovoltaic systems in Singapore.
The Group currently holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, it has attained the highest grading of L6 for its registration under the ME15 (Integrated Building Services) and ME05 (Electrical Engineering) Workheads, which allow the Group to undertake projects in the public sector with no tendering limits and no project value limits under the respective Workheads.
Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said, &ldquo We are proud of our strong operational track record in serving government ministries and statutory boards in Singapore and this Term Contract is a strong validation of our commitment to meet the strategic priorities of our customers.
We remain focused on growing our capabilities through a combination of both organic and inorganic growth, while pursuing more higher-margin opportunities in our target markets.&rdquo
Late to the game! You guys can read the full report here too https://www.theedgesingapore.com/news/contracts/alpina-holdings-wins-contract-me-maintenance-and-aa-works-provisional-sum-396-mil
i think all this is great, but Alpina should still leverage on its awesome reputation and break into other countries
i think all this is great, but Alpina should still leverage on its awesome reputation and break into other countries
Alpina Awarded New Contract with a Provisional Contract Sum of Approximately S$39.6 Million to Provide M& E Maintenance and A& A Works for a Ministry of the Singapore Government
> The contract is expected to commence in June 2023 and complete by June 2027 with an option for the customer to extend the contract for another twelve months
> Barring any unforeseen circumstances or events, the Board expects the contract to contribute positively to the Group&rsquo s financial results and its net tangible assets per share and earnings per share for the duration of the contract
SINGAPORE, 22 May 2023 &ndash Alpina Holdings Limited (高 峰 控 股 有 限 公 司 ) (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), an established Singapore-based specialist in providing integrated building services (&ldquo IBS&rdquo ), mechanical and electrical (&ldquo M& E&rdquo ) engineering services, and alteration and addition (&ldquo A& A&rdquo ) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Digo Corporation Pte. Ltd., has been awarded a forty-eight months term contract to provide M& E maintenance and A& A works (&ldquo Term Contract&rdquo ) for a Ministry of the Singapore Government.
The provisional contract sum of approximately S$39.6 million under the Term Contract is indicative only and may not be an accurate indicator of the actual revenue to be recognised by the Group under the Term Contract as the final contract sum will depend on, inter alia, the actual work to be undertaken by the Group.
Majority of the Group&rsquo s projects are public sector projects of which the Singapore Government or a public university in Singapore is the project owner.
In April 2023, the Group was awarded a contract with a provisional contract sum of approximately S$117 million for the design, installation, construction, testing and commissioning of solar photovoltaic systems in Singapore.
The Group currently holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, it has attained the highest grading of L6 for its registration under the ME15 (Integrated Building Services) and ME05 (Electrical Engineering) Workheads, which allow the Group to undertake projects in the public sector with no tendering limits and no project value limits under the respective Workheads.
Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said, &ldquo We are proud of our strong operational track record in serving government ministries and statutory boards in Singapore and this Term Contract is a strong validation of our commitment to meet the strategic priorities of our customers.
We remain focused on growing our capabilities through a combination of both organic and inorganic growth, while pursuing more higher-margin opportunities in our target markets.&rdquo
> The contract is expected to commence in June 2023 and complete by June 2027 with an option for the customer to extend the contract for another twelve months
> Barring any unforeseen circumstances or events, the Board expects the contract to contribute positively to the Group&rsquo s financial results and its net tangible assets per share and earnings per share for the duration of the contract
SINGAPORE, 22 May 2023 &ndash Alpina Holdings Limited (高 峰 控 股 有 限 公 司 ) (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), an established Singapore-based specialist in providing integrated building services (&ldquo IBS&rdquo ), mechanical and electrical (&ldquo M& E&rdquo ) engineering services, and alteration and addition (&ldquo A& A&rdquo ) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Digo Corporation Pte. Ltd., has been awarded a forty-eight months term contract to provide M& E maintenance and A& A works (&ldquo Term Contract&rdquo ) for a Ministry of the Singapore Government.
The provisional contract sum of approximately S$39.6 million under the Term Contract is indicative only and may not be an accurate indicator of the actual revenue to be recognised by the Group under the Term Contract as the final contract sum will depend on, inter alia, the actual work to be undertaken by the Group.
Majority of the Group&rsquo s projects are public sector projects of which the Singapore Government or a public university in Singapore is the project owner.
In April 2023, the Group was awarded a contract with a provisional contract sum of approximately S$117 million for the design, installation, construction, testing and commissioning of solar photovoltaic systems in Singapore.
The Group currently holds 15 Workhead registrations and 2 builder licences with the Building and Construction Authority (&ldquo BCA&rdquo ). Among these, it has attained the highest grading of L6 for its registration under the ME15 (Integrated Building Services) and ME05 (Electrical Engineering) Workheads, which allow the Group to undertake projects in the public sector with no tendering limits and no project value limits under the respective Workheads.
Alpina&rsquo s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘 常 勇 ), said, &ldquo We are proud of our strong operational track record in serving government ministries and statutory boards in Singapore and this Term Contract is a strong validation of our commitment to meet the strategic priorities of our customers.
We remain focused on growing our capabilities through a combination of both organic and inorganic growth, while pursuing more higher-margin opportunities in our target markets.&rdquo
https://www.theedgesingapore.com/news/contracts/alpina-holdings-wins-contract-me-maintenance-and-aa-works-provisional-sum-396-mil
Alpina Holdings wins contract for M& E maintenance and A& A works with a provisional sum of $39.6 mil
Alpina Holdings wins contract for M& E maintenance and A& A works with a provisional sum of $39.6 mil
Really random share here. Alpina&rsquo s been a little quiet for awhile, and I figured I&rsquo d give the new Bard a go with searches on news regarding Alpina. Here&rsquo s what I got.
&ldquo Yes, there are several specific trends that could benefit Alpina Holdings. These include:
-
The increasing demand for solar energy. -
The government' s plans to support the development of solar energy. -
The growing popularity of electric vehicles. -
The rising cost of electricity. -
The increasing awareness of the environmental benefits of solar energy.
Alpina Holdings is well-positioned to benefit from these trends. The company is a leading provider of solar energy solutions in Singapore, and it has a strong track record of innovation. Alpina Holdings is also committed to sustainability, and it is working to develop new solar energy technologies that are even more efficient and environmentally friendly.
As these trends continue to develop, Alpina Holdings is well-positioned to grow its business and become a leading player in the global solar energy industry.&rdquo
$GHY Culture(XJB.SI) Insiders have 77% of the company! That' s a lot of skin in the game!
https://finance.yahoo.com/news/77-ownership-g-h-y-034437877.html
Actually just a quick question for the chat. Alpina is pretty much the gold standard in Singapore. Do you think there is any room for it to expand overseas? And if so, where? I think building standards are different across the world, and information on how the building standards differ from country to country is quite hard to find. Does anyone have stats on this, and also where Alpina might be able to expand to?