Roxy-Pacific Holdings *Official* (SGX:E8Z)

[victorlht88]

NEWS RELEASE

ROXY-PACIFIC ACHIEVES RECORD NET PROFIT OF S$92.2 MILLION IN
FY2013
- Revenue hits new record at S$369.0 million
- Strong performance recorded in FY2013 and 4Q2013 largely due to
higher revenue recognition from Property Development segment
- High earnings visibility with progress billings of approximately S$922.4
million1
, to be recognised from 1Q2014 to FY2017
- Strong growth headroom with cash and cash equivalents of S$354.2
million
- Proposed a final cash dividend of 1.297 SGD cents per share, bringing
total dividends for FY2013 to 1.913 cents per share, 50% higher
compared to prior year (2012: 1.2752 SGD cents)

Anyone hooted?

 

[Mecisteus]

im still holding this gem since 30+ cents after adjusting for bonus shares. already sold some along the way.

solid company with excellent execution.

 

[victorlht88]

im still holding this gem since 30+ cents after adjusting for bonus shares. already sold some along the way.

solid company with excellent execution.

hmm solid performance for the previous year in terms of profit but the price of the share is not going up. seems like current price has already factored in the profits..

 

[victorlht88]

Why is this counter going down despite recording record profits?

 

[salesgp]

The company wants to squeezee investors money to pay for their hobbies.

 

[victorlht88]

bought it at 0.605 and its at 0.565 now, cut loss or hold?

Anyone can offer their opinions? thanks!

 

[motomini]

Roxy Pacific Holdings (share buyback)

Hi all

Sorry did not see any threads on this company, so i started a new thread.

Got a circular from roxy on intention for shares buy back. Need some advice and thoughts here as i am new to this.

Searched on the Internet, generally it says that the value of the existing stocks should increase (since supply would be reduced after the buy back). However most of the info on the circular says that net asset value would go down (with increased EPS).

So bottom line is, is the share buy back a good thing or bad thing for existing shareholders?

Any thoughts wld be appreciated

Thanks!

 

[Keverus]

buy back at what price?

 

[motomini]

buy back at what price?

Don't know yet. But it will be capped at up to 5% more of the 5day average prior to the EGM.

 

[russ7756]

roxy paciifc share buy back

waiting to struck gold....

 

[russ7756]

Hidden Gem??

SINGAPORE - Roxy-Pacific Holdings saw first-quarter earnings surge threefold, as revenue swelled by 146 per cent.

Net profit for the three months ended March 31 jumped 210 per cent to reach $46.5 million, said the property and hospitality group in a statement on Tuesday, after the stock market closed.

Revenue came in at $198.2 million, much higher than the $79.5 million from the same period a year ago, driven mainly by "healthy growth" in its property development and property investment segments.

This "more than offset a slight decline" from its hotel ownership segment, said the group

- See more at: http://www.straitstimes.com/news/bu...surge-threefold-20150505#sthash.wIexBxxD.dpuf

 

[Jupiter2017]

http://www.businesstimes.com.sg/companies-markets/roxy-pacific-q3-net-profit-down-815-to-s15m
Roxy-Pacific Q3 net profit down 81.5% to S$1.5m
MON, OCT 30, 2017 - 7:04 PM KALPANA RASHIWALA kalpana@sph.com.sg

ROXY-PACIFIC Holdings has posted an 81.5 per cent year-on-year decline in third-quarter group net profit to S$1.5 million from the preceding year, the group said in a Singapore Exchange filing on Monday evening.
For the three months ended Sept 30, revenue fell 33.7 per cent to S$60.3 million from the previous year.
The property and hotels group said that for Q3 FY2017, revenue from the property development segment, which contributed 77 per cent of the group's turnover, decreased 39 per cent to S$46.5 million from S$76.2 million in Q3 FY2016. "The decrease was largely due to lower revenue recognition from Jade Residences, Whitehaven, LIV on Wilkie and an absence of revenue recognition from LIV on Sophia following the completion of these projects in Q4 2016 and early 2017. The decrease was partly offset by higher revenue recognition on construction progress of Trilive," Roxy-Pacific said. These projects are in Singapore.
Overseas, although the group has made good progress in the sales and construction of its projects in Australia, it cannot progressively recognise the revenue as the completed contract method in accounting is adopted for these projects - unlike in Singapore, where revenue from residential projects is booked progressively according to the stages of a project's physical completion.
Earnings per share eased to 0.13 Singapore cent in Q3 FY2017 from 0.68 Singapore cent in the year-ago period. Net asset value per share edged up to 42.23 Singapore cents as at Sept 30, 2017 from 41.2 Singapore cents nine months ago.
Roxy-Pacific shares ended S$0.005 or 0.9 per cent down at S$0.58 on Monday.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...diary-purchases-melbourne-property-for-a3302m
Roxy-Pacific subsidiary purchases Melbourne property for A$33.02m
FRI, DEC 01, 2017 - 6:05 PM NAVIN SREGANTAN navinsre@sph.com.sg

AN INDIRECT wholly owned subsidiary of mainboard-listed Roxy-Pacific Holdings Limited on Friday announced that it has entered into a contract of sale to acquire a property located in Melbourne's central business district for A$33.02 million (S$33.72 million).
With the purchase, the subsidiary - Roxy-Pacific Wentworth Pte Ltd - has also been renamed as Roxy-Pacific Melbourne House Pte Ltd.
The acquirers have already paid a 10 per cent deposit of the acquisition price, which will be financed by internal funds and bank borrowings.
The property was purchased after taking into account various commercial factors, such as the location of the property and its redevelopment potential in the future, the group said in a filing with the Singapore Exchange after the market closed.
The group intends to redevelop the property for a mixed-use development, comprising hotel and retail units, the property developer added.
Melbourne House is a six-storey commercial and retail building located at 360 Little Bourke Street.
It is a freehold property and has a total site area of approximately 937 sq m, and a current net lettable area of approximately 4,504 sq m.
Roxy-Pacific shares were last traded on Thursday at S$0.535.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...-take-dbs-issues-buy-on-roxy-pacific-holdings
Broker's take: DBS issues 'buy' on Roxy-Pacific Holdings
TUE, DEC 12, 2017 - 9:47 AM RACHEL MUI rachmui@sph.com.sg

DBS Group Research on Tuesday issued a "buy" call on property and hospitality group, Roxy-Pacific Holdings with a target price of S$0.69 per share, on the back of strong sales take-up and acquisitions of good-quality investments.
The broker's target price represents a potential upside of 30 per cent from Roxy-Pacific's last traded price of S$0.53 per share on Dec 11.
In its research note, DBS said that Roxy-Pacific is poised to hit an upbeat Singapore property market with seven residential freehold sites worth an estimated gross development value (GDV) of S$0.5 billion launching next year.
"While the market may have overlooked Roxy-Pacific for its size... we believe Roxy-Pacific being one of the earliest to landbank in the current market cycle has seven freehold residential developments in Singapore which will be ready to launch in 2018, three of which will be launched within Q1 FY2018. We see this as a window for the group to capture the rise in buyer demand before its peers," DBS said.
In addition, the broker noted that Roxy-Pacific has been beefing up its recurring income and extending its geographical presence overseas.
"In FY2017, Roxy-Pacific had acquired four new commercial buildings in Australia/New Zealand and one hotel property in Japan. Its portfolio of investment properties has grown close to threefold to S$330 million."
"These properties will start contributing in FY2018, thus raising contributions from investment properties to 35 per cent in FY2018F from 20 per cent in FY2016," DBS said.
However, the broker added that key risks include: slower take-up rates, increased government regulation to manage the Singapore property market, forex fluctuations and acquisitions of less desirable investment properties.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=E8Z.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/real-estate/derby-court-sold-at-s7388m-to-a-unit-of-roxy-pacific
Derby Court sold at S$73.88m to a unit of Roxy-Pacific
WED, DEC 13, 2017 - 6:13 PM TAN HWEE HWEE hweetan@sph.com.sg

DERBY Court has been sold for S$73.88 million to RH Developments Two Pte Ltd, a subsidiary of Roxy-Pacific Holdings.
The condominium development, which occupies a site of 18,506 square foot, was sold at a collective sale tender. This is the third time the property was offered for sale collectively.
Sole marketing agent for the property, JLL, indicated that owners of this development can expect to receive gross sales proceeds of between S$3.36 million and S$6.65 million per unit.
JLL regional director Tan Hong Boon said that the successful sale price also works out to a land rate of about S$1,390 per square foot per plot ratio based on the "as-built" gross plot ratio of 2.872.
The 20-unit Derby Court, comprising 18 apartments and two penthouses, sits along Derbyshire Road in the Novena locale. It is across the road from St Joseph's Primary Institution (Junior), and also close to the Anglo-Chinese School (Junior).

 

[Perisher]

0.54 now, 5 year and 1 year chart looks good.

 

[endlssorrow]

Ya TP by DBS quite high
Can load if u believe it can fly

 

[Asphodeli]

Wah, didn't think one of my holdings would have a HWZ thread. Bought at IPO back in 2008, hug until now Average px should be around $0.16?

 

[endlssorrow]

Wah, didn't think one of my holdings would have a HWZ thread. Bought at IPO back in 2008, hug until now Average px should be around $0.16?

GPGT NPNT

 

[Perisher]

GPGT NPNT

He buy many things in small amount, like me but x100. So no need to doubt.