My point is I believe that, at a share price of S$ 0.60, Kingsmen is still a darn good bargain buy. I'm hopefull of good news on the Kingsmen front when they announce their FY 2011 results.
Quite confident their Q4 will be decent, base on the outstanding orders in Q3.
I am more interested to know the new orders won in Q4 and the potential upcoming thematic orders.
and for interiors, there will be Wisma Astria's expansion outlets and 2 more Premium outlets in Msia.
Spoilt by abundance projects in this industry at this point of time, let's hope the competitions are not getting too bloody.
Kingsmen has just made a surprise announcement of the clinching of an S$18 million contract for a turnkey project for a new attraction at Universal Studios Singapore. This contract will last through 2012 and will contribute positively to earnings this year. [See Attached]
So USS is not merely a "one-hit wonder". Constant revamps are required to keep the attractions updated and "fresh", and Kingsmen may be called upon ever so often to spruce up these rides. Don't forget that their business development team is also actively exploring the scenic/thematic space to try to clinch more theme park contracts arond S.E.A. The upcoming report on Feb 27 (Monday) by the Company should shed more light on this area.
Thank you for sharing this MW. Good news, pleasing to see that Kingsmen can secure such "repeat business" from this kind of quality customer.
No Kingsmen shares were traded today - the material bidders & sellers were some way apart. Roll on the 27th (thank you for this tip-off MW - my Broker didn't know when the FY 2011 results were going to be announced!).
(16-02-2012, 11:20 PM)RBM Wrote: Roll on the 27th (thank you for this tip-off MW - my Broker didn't know when the FY 2011 results were going to be announced!).
Weird, it is in SGX announcement today, 2.30 PM
"The Board of Directors of Kingsmen Creatives Ltd (“the Company”) wishes
to announce that the Company will be releasing its financial results for the
full year ended 31 December 2011 on Monday, 27 February 2012, after
trading hours"
(16-02-2012, 11:20 PM)RBM Wrote: Thank you for sharing this MW. Good news, pleasing to see that Kingsmen can secure such "repeat business" from this kind of quality customer.
No Kingsmen shares were traded today - the material bidders & sellers were some way apart. Roll on the 27th (thank you for this tip-off MW - my Broker didn't know when the FY 2011 results were going to be announced!).
You're welcome RBM! Before they made the announcement of the results release to be on the 27th, I was also curious as to when they would be out. So I called up the IR and they put me through to the CFO Judith who told me it would be the 27th. She also said they would be putting out an announcement for this, and they did!
Brokers are generally there to help you transact and collect commissions from you - I've never met one who actually took the initiative to assist the client on results release date. LOL!
(16-02-2012, 10:03 PM)Musicwhiz Wrote: Kingsmen has just made a surprise announcement of the clinching of an S$18 million contract for a turnkey project for a new attraction at Universal Studios Singapore. This contract will last through 2012 and will contribute positively to earnings this year. [See Attached]
So USS is not merely a "one-hit wonder". Constant revamps are required to keep the attractions updated and "fresh", and Kingsmen may be called upon ever so often to spruce up these rides. Don't forget that their business development team is also actively exploring the scenic/thematic space to try to clinch more theme park contracts arond S.E.A. The upcoming report on Feb 27 (Monday) by the Company should shed more light on this area.
Noticed that the project is awarded directly to Kingsmen instead of previously via China Jingye (subcon to Kingsmen).
That is a very good and pertinent observation Valuestalker - I would hope that securing the contract directly means a slightly better margin for Kingsmen.
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