Singapore O&G

More
17 Feb 2019 18:50 #24669 by yongpa
Replied by yongpa on topic Singapore O&G
The full-year result is out.
What's your take? Is the huge impairment a surprise to you?

Please Log in or Create an account to join the conversation.

More
17 Feb 2019 23:57 #24670 by josephyeo
Replied by josephyeo on topic Singapore O&G
Yes, the huge impairment was a surprise to me.

On the other hand i am still positive about the company. See below:

1. profit still higher than last year. Profit for 2017 was S$8.5 and 2018 was S$9.1, so its up by 7%
2. cash level has gone up by S$5.1 mil from S$16.4 to S$21.5 mil
3. revenue has gone up by S$4.8, from S$29.9 to S$34.4
4. dividend for full year has also gone up from 1.5 cts per share to 1.7 cts per share.

It seems to me that the top n bottom line are still growing.

Finally, 2019 is likely to be a another good year if we assuming that there is no further impairments.

Conclusion ... i am holding n looking forward to another good year. In the meantime i will just enjoy the 5% dividend yield.

Above are just my views n i could be wrong. Pls dyodd.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings1.2400.050
Alliance Mineral0.181-0.001
Anchor Resources0.021-0.001
AusGroup0.028-
Avi-Tech Electronics0.2900.010
Best World Int.2.440-0.110
China Sunsine1.2000.030
CSE Global0.5400.005
Food Empire0.5600.025
Geo Energy0.1860.001
Golden Energy0.235-
GSS Energy0.102-0.002
HMI0.535-0.005
ISDN Holdings0.240-
KSH Holdings0.5100.005
Miyoshi0.045-
Moya Asia0.080-
Nordic Group0.330-
Oxley Holdings0.320-
REX International0.081-0.001
Riverstone1.100-
Roxy-Pacific0.400-
Sing Holdings0.390-
SingMedical0.455-
Sino Grandness0.043-
Straco Corp.0.7900.010
Sunningdale Tech1.360-
Sunpower Group0.5800.005
The Trendlines0.089-0.001
Tiong Seng0.215-
Uni-Asia Group1.220-0.020
XMH Holdings0.200-
Yangzijiang Shipbldg1.510-

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 2010 guests and no members online