Sunningdale Tech Ltd *Official* (SGX:BHQ)

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
The Group completed the acquisition of Sunningdale Singapore Holdings Pte Ltd ("SSH") and its subsidiaries ("SSH Group") in November 2014. SSH Group is also the holding company of First Engineering Limited ("FEL") Group.

The financial results for the full year ended 31 December 2015 ("FY2015") reflected full twelve months contribution from FEL Group while full year ended 31 December 2014 ("FY2014") had only one month's contribution.

The Group's revenue increased by 41.8% year-on-year ("yoy") from $475.6 million for FY2014 to $674.5 million for FY2015. The increase came from growth in all business segments of the Group.

The Group recorded a gross profit of $90.8 million for FY2015, an increase of 51.6% yoy from $59.9 million for FY2014. Gross margin improved from 12.6% for FY2014 to 13.5% for FY2015 due to an increase in capacity utilisation, product mix and strengthening of the US Dollar and Euro.

The increase in other income was due to a foreign exchange gain of $12.8 million for FY2015 compared to $1.4 million for FY2014. This was partially offset by the negative goodwill of $4.5 million recognised for FY2014 arising from the acquisition of FEL Group.

The marketing, distribution and administrative expenses for FY2014 included only one month of expenses from FEL Group.

The increase in other expenses was due to (i) amortisation of intangible assets of $1.7 million for FY2015 compared to $0.4 million for FY2014 and (ii) impairment loss on property, plant and equipment of $1.0 million for FY2015 as compared to a reversal of impairment loss of $0.2 million for FY2014.

The Group achieved a net profit of $42.1 million for FY2015 compared to $27.7 million for FY2014. Excluding the negative goodwill, acquisition expenses, foreign exchange gain / loss and disposal of non-current assets held for sale, the net profit would have been $29.4 million for FY2015 and $21.4 million for FY2014.

The earnings per share was 22.68 Singapore cents for FY2015 compared to 16.48# Singapore cents for FY2014.

The net asset value per share increased from $1.65# as at 31 December 2014 to $1.77 as at 31 December 2015. The net tangible asset per share also increased from $1.54# as at 31 December 2014 to $1.67 as at 31 December 2015.
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
Just wanna say Sunningdale XD today... SGD 0.05
 

wahkao3

High Supremacy Member
Joined
Mar 6, 2005
Messages
26,835
Reaction score
19
this one ok? good to buy
for me, i think still ok. still got good upside.
TA good FA good, low risk high return
potential to be the next innovalue. I got strong conviction in this one. more than best world

its like buying a growth blue chip at penny stock prices, that's why low risk, high return
 

strangerjun

Greater Supremacy Member
Joined
Mar 25, 2008
Messages
96,258
Reaction score
5
this one ok? good to buy
for me, i think still ok. still got good upside.
TA good FA good, low risk high return
potential to be the next innovalue. I got strong conviction in this one. more than best world

its like buying a growth blue chip at penny stock prices, that's why low risk, high return

if FATA good can buy right?

:o
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
can I know where you got the date from?

https://www.dividends.sg/view/BHQ

This one actually show 21 Apr. I am trying to find a website that can show the upcming XD dates at a glance.

SGX and that site you post?

Upcoming usually will be the same or near the same date every year.
Dunno of other sources for upcoming dividends tracking.

Usually when you go SGX and see CD status means the XD date is known too.
 

tt32003

High Supremacy Member
Joined
Aug 10, 2004
Messages
38,275
Reaction score
12
Anyone still vested ?

Exited at 1.25 after xd.

Missed the high of 1.345 previously but can't complain looking at the price now
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
Going up steadily since falling to 1.1+...
 

Mancunian2

Greater Supremacy Member
Joined
Jan 7, 2006
Messages
79,086
Reaction score
3,226
this one buy can huat?

I only got <$10k left until Monday when sales proceeds coming in
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
Ask wahkao3... :s22:

I think it's a good sign if it goes above 1.07 at closing.
 

Perisher

Greater Supremacy Member
Deluxe Member
Joined
Jan 5, 2015
Messages
84,276
Reaction score
10,137
http://www.straitstimes.com/business/companies-markets/company-briefs-sunningdale-tech

Sunningdale Tech

Sunningdale Tech has posted a 35.9 per cent drop in third-quarter net profit to $10.2 million.

Revenue for the three months to Sept 30 fell by 2.3 per cent to $172.5 million, with the healthcare and mould-fabrication business segments experiencing lower revenues.

The fall in turnover from the healthcare business was due to a decrease in orders whereas the mould fabrication business was hit by fewer orders billed.

Meanwhile, revenue in the automotive segment rose 7 per cent to $61.7 million while revenue from the consumer/IT segment remained stable at $72.8 million.

Earnings per share eased to 5.45 cents from 8.56 cents previously while net asset value per share was $1.74, compared to $1.77 as at Dec 31.

The group continued to generate strong positive operating cash flows of $25.1 million. Cash and cash equivalents amounted to $110.4 million.

This bolstered Sunningdale's balance sheet strength as it returned to a net cash position of $4.9 million after accounting for loans and borrowings of $105.5 million.
 

chainer9999

Arch-Supremacy Member
Joined
May 2, 2009
Messages
18,522
Reaction score
93
VERY SUNNY DAY

cant believe no one in ssi talking about this bright shining stock #value
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top