Kingsmen Creatives - A Busy Year Ahead | I3investor

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Kingsmen Creatives - A Busy Year Ahead

StockFanatic

Publish date: Wed, 05 Mar 2014, 09:31 AM

KMEN's 4Q13 PATAMI rose 23.1% y-o-y to SGD7.6m on the back of a 8.2% y-o-y revenue growth, as it completed some projects during the quarter. The company's outlook remains healthy, supported by the pipeline of MICE events and theme park launches across the region - although growth may be limited by its ability to take on more projects.

Maintain BUY with a SGD1.10 TP, based on a 8x FY13F P/E (ex-cash).

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