Singapore Stock Market News
Kingsmen Creatives - Building Experience
StockFanatic
Publish date: Wed, 20 Aug 2014, 01:20 PM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Kingsmen reported 2Q14 earnings of SGD5.3m (-1.4% y-o-y) while 1H14 net profit declined 18.2% y-o-y to SGD6.2m despite a healthy 11.8% growth in revenue. However, we remain optimistic on 2H14 with a secured orderbook of SGD141m expected to be recognised. Its interim dividend of 1.50 cents is also maintained.
We lower our TP to SGD1.08 (from SGD1.10), which is based on 10x FY14F P/E. Maintain BUY.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
