Any idea when the Q1 result will be out? Actually I am getting a little anxious, as last FY13's Q1 result was announced as early as 3May13! Take a look at that…..
http://infopub.sgx.com/FileOpen/Penguin_...leID=13043
and you would have noticed a first clear sign of the sharp increase in business volume and profits that followed in the succeeding quarters.
I hope to see another sharp increase in the same in the coming Q1 result..
Finally 1st QTR results is out...its a good set of results....
Cheers
Amazing - to many, may even be unbelievable! - Q1 result…..
http://infopub.sgx.com/FileOpen/Penguin_...eID=296621
The management seems to have deliberately kept their commentaries on the financial numbers very brief to avoid telling too much. I can fully understand why and appreciate that, and I just like the idea of a business making good money quietly!
As quite obviously revenue/profit increases from Penguin's still growing crew boat charter fleet are still in their early days, and we know Penguin is still adding production capacity and has already started scheduling next year FY15's production, is it conceivable that Penguin could deliver a full-year NP of $30.0m in this FY14 - bearing in mind Q1's NP already came to $7.03m - which if realised would translate to a full-year EPS of approx. $0.0454? Of course, in terms of aftertax FCF, it would be more - likely by some $9.5m purely from depreciation alone.
Quite obviously, the Penguin stock should be worth a lot more than today's last done share price of $0.194, bearing in mind net cash reserve (after deducting customers' deposits on new boat orders placed) alone would be some $35.0m (vs. total cash/bank deposit balance of $51.8m), equivalent to some $0.053/share (based on the latest 660.518m shares). No? Is $0.30 too far-fetched, or still conservative?
(12-05-2014, 08:12 PM)dydx Wrote: [ -> ]Amazing - to many, may even be unbelievable! - Q1 result…..
http://infopub.sgx.com/FileOpen/Penguin_...eID=296621
The management seems to have deliberately kept their commentaries on the financial numbers very brief to avoid telling too much. I can fully understand why and appreciate that, and I just like the idea of a business making good money quietly!
As quite obviously revenue/profit increases from Penguin's still growing crew boat charter fleet are still in their early days, and we know Penguin is still adding production capacity and has already started scheduling next year FY15's production, is it conceivable that Penguin could deliver a full-year NP of $30.0m in this FY14 - bearing in mind Q1's NP already came to $7.03m - which if realised would translate to a full-year EPS of approx. $0.0454? Of course, in terms of aftertax FCF, it would be more - likely by some $9.5m purely from depreciation alone.
Quite obviously, the Penguin stock should be worth a lot more than today's last done share price of $0.194, bearing in mind net cash reserve (after deducting customers' deposits on new boat orders placed) alone would be some $35.0m (vs. total cash/bank deposit balance of $51.8m), equivalent to some $0.053/share (based on the latest 660.518m shares). No? Is $0.30 too far-fetched, or still conservative?
Congrat to fellow shareholders. The company crewboat business is surely at a sweet spot. The share price should catch-up with the increased earning and a likely re-rating.
(vested)
Was looking thru the sheets but i couldn't find the total pledged deposit amount for financing activities, it would be much appreciated if anyone can fill me in on this number?
Great results. Wonder if we can look forward to an interim dividend at the end of the first half, as the company is generating so much cash? They will need to keep investing in yard expansion and fleet, but seem to be managing this well.
Good evening Moderator.
I remember I saw Profeszor posting here yesterday nite. How come it is removed?
(13-05-2014, 06:42 PM)kbl Wrote: [ -> ]Good evening Moderator.
I remember I saw Profeszor posting here yesterday nite. How come it is removed?
Good evening kbl,
FYI, the deletion wasn't done by me or other moderators, but by Profeszor himself.
Dear Profeszor, how come it is removed?
Regards
Moderator