Advancer Global *Official* (SGX:43Q)

Sinkie

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my noob accounting calculation

Based on the total order book* S$43.1 million* As at 2 June 2016 excluding Employment Services Business and also last year 9.8% profit margin.

ORDER BOOK
Our order book based on unfulfilled confirmed service contracts as at 31 December 2015 and confirmed service contracts obtained for our Cleaning and Stewarding Business and our Security Services Business during the period from 1 January 2016 to the Latest Practicable Date amounted to approximately S$43.1 million. We expect S$29.1 million of the service contracts to be fulfilled within FY2016, and S$14.0 million to be fulfilled after one (1) year and within 35 months from 1 January 2016. Due to the nature of our Employment Services Business, we do not maintain an order book for this segment of our business.

if 29.1m contract to service is fulfilled, then dividend yield will be at least 3.7427%
 
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invisible.hippo

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my noob accounting calculation

Based on the total order book* S$43.1 million* As at 2 June 2016 excluding Employment Services Business and also last year 9.8% profit margin.



if 29.1m contract to service is fulfilled, then dividend yield will be at least 3.7427%

balloting out today right?
 

Sinkie

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t1lno6S.jpg
 

NicoNicoNii

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This counter is can consider, rich people need maids, buildings need cleaning and security service. And they are the big boys of this industry.
 

NicoNicoNii

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This is defensive counter imo. Slow growth, stable dividends.
Be careful of what you wish for, bid 100 lots, you may get 100 lots.
 

KinoChoco

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This is defensive counter imo. Slow growth, stable dividends.
Be careful of what you wish for, bid 100 lots, you may get 100 lots.

press 30 lots try...virgin placement also :s13:
Hoping can make some decent capital gains over next 1-2 years, got 50% capital gain i happy liao :s13:
 

Sinkie

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This is defensive counter imo. Slow growth, stable dividends.
Be careful of what you wish for, bid 100 lots, you may get 100 lots.

yeah, actually i am also confused by the profile. a growth company dont give dividend but yet they are giving out 50% of the dividend and still say they will buy and expand
 
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