20-04-2014, 12:01 PM
Let me try to estimate the remaining "weight" of Bliss@Kovan:
Bliss@Kovan completion in FY2013:
28% - 5% = 23%.
Revenue recognized in FY2013: S$41M.
Total Project Revenue (estimate):
41M/0.23= S$178M
Remaining Revenue:
77% X 178M = S$137M.
TOP expected on 31 Dec 2015.
Revenue estimated in FY2014 & FY2015:
137M/2 = S$68M @ (each year)
PBT in FY2013: 10M-4.8M = S$5.2M
PATMI (estimate): S$4M
Net Margin: 10%.
PATMI Estimated in FY2014 & FY2015:
68M X 10% = S$6.8M @
Per Share = 6.8/307 = S$0.022 @
CMIIW, the data are mined solely from AR2013.
The fault in estimations are sorely mine.
Note: Waiting to be pleasantly surprised by the upsides.
Bliss@Kovan completion in FY2013:
28% - 5% = 23%.
Revenue recognized in FY2013: S$41M.
Total Project Revenue (estimate):
41M/0.23= S$178M
Remaining Revenue:
77% X 178M = S$137M.
TOP expected on 31 Dec 2015.
Revenue estimated in FY2014 & FY2015:
137M/2 = S$68M @ (each year)
PBT in FY2013: 10M-4.8M = S$5.2M
PATMI (estimate): S$4M
Net Margin: 10%.
PATMI Estimated in FY2014 & FY2015:
68M X 10% = S$6.8M @
Per Share = 6.8/307 = S$0.022 @
CMIIW, the data are mined solely from AR2013.
The fault in estimations are sorely mine.
Note: Waiting to be pleasantly surprised by the upsides.
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
"The flowers that bloom in the spring, have nothing to do with the case".