Category: Kingsmen Creatives

Sell @ $0..615

Take profit as prices and volume is better today… Q4 results soon (25th last year).. EPS is seasonally strongest in Q4, 9M to date had been weak. 2H Div may be further cut (2.5ct -> 2ct -> ??) if it doesn’t surge up… 😀

Buy @ $0.60

9M EPS = 1.48ct vs 2.26ct means FY16 is going to be weak.. a likely further cut in final dividends from 2ct… 😀

Sell @ $0.625, $0.62

Contra off the recent ones + some older ones… There's a buyer around today, but refused to buy my $0.63 ones in Q… 😀

Buy @ $0.615

Lower than my lowest buy… Let me help to provide some support… Plus, now I have some spares for trading purposes…  😀

Buy @ $0.62

FY15 Results were out yesterday…

A very solid Q4, driving up poor 9M EPS to FY15 = 9.71ct vs FY14 = 8.84ct…. BUT, mainy due to a One-Off Gain = $5.9Mil from Partial Disposal of Kingsmen Thailand (IPO listing) & the subsequent Fair Value Gain of Balance Stake… Div = 2ct, lower than 2H14 = 2.5ct (but higher than my projected 1.5ct – 9M EPS was very bad).

FCF was -ve, but mainly due to the Acquisition of a Factory in Malaysia (RM35Mil @ Beginning of Year). Coupled with a Land Purchase ($7.068Mil @ Changi to Build HQ), Cash is Lower ($72.6Mil vs $83Mil)  & Debts Higher ($13.4Mil vs $6.5Mil) y-o-y…

For FY16, biz will be challenging due to Singapore economy slow-down… Cash will likely be consumed for building new HQ…

Shares Buy-Back was aro' 64ct – 65ct in Dec-15 & Jan-16. Today, someone sure has a lot to sell @ $0.62, but, Shares Buy-Back seems to be MIA… 😀

Buy @ $0.715

Q3 results were out yesterday evening. EPS continues to be weak. Looks like 2H Div will likely also be cut (1H was reduced from 1.5ct to 1ct). Closed @ $0.71, -7.5ct…. 😀

Buy @ $0.765

Average down… Have to closely monitor if EPS continues to weaken in coming Qs… 😀

Buy @ $0.895, $0.855

Fierce sell-down… Went in too early to buy… What happened to the long term investors?? 😀

Buy @ $0.95

Partially done… meant for longer term hold… 😀

1H results were released after mkt closed. Big drop in Q2 EPS = 1.57ct vs 2.74ct yoy, altho' Revenue & GP were only slightly lower… Have to monitor if higher Operating Expenses continue to be an issue in the fllwg Qs…  Div = 1ct vs 1.5ct last year… Only positive is 2H is expected to be better…

Buy @ $0.995

Last day of cd for Div = 2.5ct. Decided to buy back the ones I sold @ $0.98… 😀

Q1 Results were out on 12-May after mkt closed. EPS = 0.4ct, lower than Q114 = 0.48ct when they did a one-time provision for a lawsuit they'd lost in China. This time, the lower EPS is due to high staff salary… Cash = 38.4ct is down from last Q 42.65ct as they'd purchase a factory in Malaysia. Cash (Net of Debts) is lower @ 32,3ct vs last Q 39.3ct as they'd taken on higher Debts for this purpose. The main positive is mgmt maintained guidance that FY15 will be good…