Recent Insider Transactions • Jul 09
Founder recently sold S$57k worth of stock On the 7th of July, Suan Sai Foo sold around 16k shares on-market at roughly S$3.67 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth S$280k. Suan Sai has been a net seller over the last 12 months, reducing personal holdings by S$540k. Recent Insider Transactions • Jun 23
Founder recently sold S$75k worth of stock On the 16th of June, Suan Sai Foo sold around 20k shares on-market at roughly S$3.68 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Suan Sai has been a net seller over the last 12 months, reducing personal holdings by S$136k. New Risk • Jun 17
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: S$205k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (106% payout ratio). Significant insider selling over the past 3 months (S$205k sold). Recent Insider Transactions • May 08
Founder recently sold S$74k worth of stock On the 6th of May, Suan Sai Foo sold around 19k shares on-market at roughly S$3.88 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Suan Sai has been a net buyer over the last 12 months, purchasing a net total of S$126k worth of shares. Upcoming Dividend • May 04
Upcoming dividend of S$0.20 per share Eligible shareholders must have bought the stock before 11 May 2026. Payment date: 22 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.1%. Within top quartile of Singaporean dividend payers (5.0%). Higher than average of industry peers (5.6%). Reported Earnings • Apr 15
Full year 2025 earnings released: EPS: S$0.29 (vs S$0.34 in FY 2024) Full year 2025 results: EPS: S$0.29 (down from S$0.34 in FY 2024). Revenue: S$653.9m (down 4.4% from FY 2024). Net income: S$26.4m (down 14% from FY 2024). Profit margin: 4.0% (down from 4.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Apr 09
Multi-Chem Limited, Annual General Meeting, Apr 27, 2026 Multi-Chem Limited, Annual General Meeting, Apr 27, 2026, at 11:30 Singapore Standard Time. Location: 18 boon lay way, 04-110 tradehub 21, singapore 609966, Singapore Recent Insider Transactions • Mar 19
Founder recently bought S$167k worth of stock On the 17th of March, Suan Sai Foo bought around 49k shares on-market at roughly S$3.43 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$125k worth in shares. Declared Dividend • Feb 25
Final dividend of S$0.20 announced Shareholders will receive a dividend of S$0.20. Ex-date: 11th May 2026 Payment date: 22nd May 2026 Dividend yield will be 8.9%, which is higher than the industry average of 5.6%. Sustainability & Growth Dividend is not covered by earnings (106% earnings payout ratio). However, it is covered by cash flows (62% cash payout ratio). The dividend has increased by an average of 25% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 18% to bring the payout ratio under control, which is more than the 8.3% EPS growth achieved over the last 5 years. Reported Earnings • Feb 24
Full year 2025 earnings released: EPS: S$0.29 (vs S$0.34 in FY 2024) Full year 2025 results: EPS: S$0.29 (down from S$0.34 in FY 2024). Revenue: S$653.9m (down 4.4% from FY 2024). Net income: S$26.4m (down 14% from FY 2024). Profit margin: 4.0% (down from 4.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 29
Upcoming dividend of S$0.11 per share Eligible shareholders must have bought the stock before 05 September 2025. Payment date: 19 September 2025. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of Singaporean dividend payers (5.5%). Higher than average of industry peers (6.2%). Declared Dividend • Aug 10
First half dividend of S$0.11 announced Shareholders will receive a dividend of S$0.11. Ex-date: 5th September 2025 Payment date: 19th September 2025 Dividend yield will be 7.7%, which is higher than the industry average of 5.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 28% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 09
First half 2025 earnings released: EPS: S$0.16 (vs S$0.18 in 1H 2024) First half 2025 results: EPS: S$0.16 (down from S$0.18 in 1H 2024). Revenue: S$301.0m (down 12% from 1H 2024). Net income: S$14.2m (down 13% from 1H 2024). Profit margin: 4.7% (down from 4.8% in 1H 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year. Annuncio • May 22
Multi-Chem Limited Approves Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2024, Payable on 23 May 2025 Multi-Chem Limited at its Annual General Meeting held on 25 April 2025, approved final tax exempt (one-tier) dividend of SGD 0.142 per ordinary share for the financial year ended 31 December 2024, be paid on 23 May 2025, to members registered in the Register of Members as at 5.00 p.m. on 13 May 2025. Upcoming Dividend • May 02
Upcoming dividend of S$0.14 per share Eligible shareholders must have bought the stock before 09 May 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of Singaporean dividend payers (6.0%). Higher than average of industry peers (7.2%). Reported Earnings • Apr 10
Full year 2024 earnings released: EPS: S$0.34 (vs S$0.30 in FY 2023) Full year 2024 results: EPS: S$0.34 (up from S$0.30 in FY 2023). Revenue: S$683.7m (up 3.8% from FY 2023). Net income: S$30.8m (up 14% from FY 2023). Profit margin: 4.5% (up from 4.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year. Declared Dividend • Feb 24
Dividend of S$0.14 announced Shareholders will receive a dividend of S$0.14. Ex-date: 9th May 2025 Payment date: 23rd May 2025 Dividend yield will be 8.0%, which is higher than the industry average of 5.6%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: S$0.079 (vs S$0.087 in 3Q 2023) Third quarter 2024 results: EPS: S$0.079 (down from S$0.087 in 3Q 2023). Revenue: S$173.3m (flat on 3Q 2023). Net income: S$7.11m (down 9.6% from 3Q 2023). Profit margin: 4.1% (down from 4.6% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year. Upcoming Dividend • Aug 23
Upcoming dividend of S$0.11 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 9.4%. Within top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (6.3%). Recent Insider Transactions • Aug 13
Founder recently bought S$473k worth of stock On the 8th of August, Suan Sai Foo bought around 167k shares on-market at roughly S$2.83 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$443k worth in shares. Reported Earnings • Aug 12
First half 2024 earnings released: EPS: S$0.18 (vs S$0.13 in 1H 2023) First half 2024 results: EPS: S$0.18 (up from S$0.13 in 1H 2023). Revenue: S$342.5m (up 9.4% from 1H 2023). Net income: S$16.4m (up 44% from 1H 2023). Profit margin: 4.8% (up from 3.6% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Aug 09
First half dividend increased to S$0.11 Dividend of S$0.11 is 26% higher than last year. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 9.4%, which is higher than the industry average of 5.6%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (dividend approximately 9x free cash flows). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 17
Full year 2023 earnings released: EPS: S$0.30 (vs S$0.22 in FY 2022) Full year 2023 results: EPS: S$0.30 (up from S$0.22 in FY 2022). Revenue: S$658.4m (up 6.7% from FY 2022). Net income: S$27.1m (up 36% from FY 2022). Profit margin: 4.1% (up from 3.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Annuncio • Apr 16
Multi-Chem Limited, Annual General Meeting, Apr 30, 2024 Multi-Chem Limited, Annual General Meeting, Apr 30, 2024, at 11:30 Singapore Standard Time. Location: 18 Boon Lay Way, #04-110 Tradehub 21, 609966 Singapore Singapore Agenda: To receive and adopt the Audited Financial Statements together with the Directors' Statement and Auditor's Report for the financial year ended 31 December 2023; to re-elect Mr Foo Fang Yong as Director; to appoint Mr Chan Wan Hong as a Director; to appoint Mr Chong Teck Sin as a Director; to appoint Mr Neo Bock Cheng as a Director; to approve a final tax exempt (one-tier) dividend; to approve the payment of Directors' fees; to re-appoint Messrs BDO LLP as Auditor and to authorise the Directors to fix their remuneration; and to discuss other matters. Annuncio • Mar 16
Multi-Chem Limited Announces Board Changes The Board of Directors of Multi-Chem Limited advised that Independent Director, Mr. Neo Mok Choon is on leave of absence due to medical reasons until the Company's forthcoming Annual General Meeting. The Board and Management of the Group wishes Mr. Neo Mok Choon a speedy recovery and will provide an update to shareholders as may be necessary. During this interim period, Mr. Lim Keng Jin will be the Acting Chairman of the Audit and Risk Management Committee ("ARMC"). The ARMC comprises three Directors, all of whom are independent, in the absence of Mr. Neo Mok Choon. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to S$2.40, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 9x in the Electronic industry in Singapore. Total returns to shareholders of 120% over the past three years. Declared Dividend • Feb 25
Final dividend increased to S$0.15 Dividend of S$0.15 is 40% higher than last year. Ex-date: 10th May 2024 Payment date: 24th May 2024 Dividend yield will be 12%, which is higher than the industry average of 5.6%. Sustainability & Growth Dividend is covered by both earnings (8% earnings payout ratio) and cash flows (72% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: S$0.30 (vs S$0.22 in FY 2022) Full year 2023 results: EPS: S$0.30 (up from S$0.22 in FY 2022). Revenue: S$658.4m (up 6.7% from FY 2022). Net income: S$27.1m (up 36% from FY 2022). Profit margin: 4.1% (up from 3.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Aug 22
Upcoming dividend of S$0.088 per share at 10% yield Eligible shareholders must have bought the stock before 29 August 2023. Payment date: 08 September 2023. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 10%. Within top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (5.8%). Reported Earnings • Aug 06
First half 2023 earnings released: EPS: S$0.13 (vs S$0.11 in 1H 2022) First half 2023 results: EPS: S$0.13 (up from S$0.11 in 1H 2022). Revenue: S$313.1m (up 3.7% from 1H 2022). Net income: S$11.4m (up 18% from 1H 2022). Profit margin: 3.6% (up from 3.2% in 1H 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 05
Multi-Chem Limited Announces Interim Tax-Exempt Dividend for the Financial Year Ending 31 December 2023, Payable on 8 September 2023 Multi-Chem Limited announced that will be closed on 31 August 2023 for the preparation of dividend warrants for the interim tax-exempt (one-tier) dividend of 8.80 Singapore cents per ordinary share in respect of the financial year ending 31 December 2023. Duly completed registrable transfers received by the Company's Share Registrar, M & C Services Private Limited of 112 Robinson Road, #05-01, Singapore 068902 up to 5.00 p.m. on 30 August 2023 (the "Record Date") will be registered to determine members' entitlements to the Interim Dividend. Members whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at the Record Date will be entitled to the Interim Dividend. Payment of the Interim Dividend will be made on 8 September 2023. Buying Opportunity • May 31
Now 22% undervalued Over the last 90 days, the stock is up 4.0%. The fair value is estimated to be S$2.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 28%. Buying Opportunity • May 09
Now 22% undervalued Over the last 90 days, the stock is up 7.7%. The fair value is estimated to be S$2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 28%. Upcoming Dividend • May 08
Upcoming dividend of S$0.11 per share at 9.4% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 26 May 2023. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 9.4%. Within top quartile of Singaporean dividend payers (6.4%). Higher than average of industry peers (4.8%). Reported Earnings • Apr 07
Full year 2022 earnings released: EPS: S$0.22 (vs S$0.28 in FY 2021) Full year 2022 results: EPS: S$0.22 (down from S$0.28 in FY 2021). Revenue: S$617.0m (up 2.2% from FY 2021). Net income: S$20.0m (down 20% from FY 2021). Profit margin: 3.2% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year and the company’s share price has also increased by 28% per year. Reported Earnings • Feb 18
Full year 2022 earnings released: EPS: S$0.22 (vs S$0.28 in FY 2021) Full year 2022 results: EPS: S$0.22 (down from S$0.28 in FY 2021). Revenue: S$617.0m (up 2.2% from FY 2021). Net income: S$20.0m (down 20% from FY 2021). Profit margin: 3.2% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 18
Multi-Chem Limited Proposes Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2022, Will Be Paid on 26 May 2023 Multi-Chem Limited proposed final dividend at the forthcoming Annual General Meeting, of dividend warrants to a final tax exempt (one-tier) dividend of 11.10 cents per Ordinary Share for the financial year ended 31 December 2022, will be paid on 26 May 2023. Recent Insider Transactions • Nov 25
Founder recently bought S$67k worth of stock On the 23rd of November, Suan Sai Foo bought around 40k shares on-market at roughly S$1.67 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$388k worth in shares. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. GM & Executive Director Fang Yong Foo was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 23
Upcoming dividend of S$0.066 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Singaporean dividend payers (6.0%). Higher than average of industry peers (4.5%). Recent Insider Transactions • Aug 18
Founder recently bought S$170k worth of stock On the 16th of August, Suan Sai Foo bought around 88k shares on-market at roughly S$1.94 per share. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$432k worth in shares. Reported Earnings • Aug 07
First half 2022 earnings released: EPS: S$0.11 (vs S$0.13 in 1H 2021) First half 2022 results: EPS: S$0.11 (down from S$0.13 in 1H 2021). Revenue: S$301.9m (up 1.1% from 1H 2021). Net income: S$9.65m (down 17% from 1H 2021). Profit margin: 3.2% (down from 3.9% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 37% per year. Upcoming Dividend • May 03
Upcoming dividend of S$0.069 per share Eligible shareholders must have bought the stock before 10 May 2022. Payment date: 23 May 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of Singaporean dividend payers (5.8%). Higher than average of industry peers (4.7%). Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. GM & Executive Director Fang Yong Foo was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: S$0.28 (vs S$0.20 in FY 2020) Full year 2021 results: EPS: S$0.28 (up from S$0.20 in FY 2020). Revenue: S$603.6m (up 26% from FY 2020). Net income: S$25.0m (up 40% from FY 2020). Profit margin: 4.1% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 24
GM & Executive Director recently bought S$123k worth of stock On the 23rd of March, Fang Yong Foo bought around 66k shares on-market at roughly S$1.85 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$461k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: S$0.28 (up from S$0.20 in FY 2020). Revenue: S$603.6m (up 26% from FY 2020). Net income: S$25.0m (up 40% from FY 2020). Profit margin: 4.1% (up from 3.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 21
Founder recently bought S$50k worth of stock On the 19th of October, Suan Sai Foo bought around 28k shares on-market at roughly S$1.80 per share. In the last 3 months, they made an even bigger purchase worth S$99k. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$207k worth in shares. Upcoming Dividend • Aug 23
Upcoming dividend of S$0.042 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 09 September 2021. Trailing yield: 4.7%. Lower than top quartile of Singaporean dividend payers (5.2%). Higher than average of industry peers (3.8%). Executive Departure • Aug 21
Chief Financial Officer Kok Soon Lim has left the company During their tenure, earnings grew by 30% annually compared to the industry average of 6.2%. On the 13th of August, Kok Soon Lim left the company after 5.3 in the role. We don't have any record of a personal shareholding under Kok Soon's name. Kok Soon is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 8.42 years. Recent Insider Transactions • Aug 20
Founder recently bought S$99k worth of stock On the 17th of August, Suan Sai Foo bought around 55k shares on-market at roughly S$1.80 per share. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$237k worth in shares. Reported Earnings • Aug 09
First half 2021 earnings released: EPS S$0.13 (vs S$0.081 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: S$298.5m (up 32% from 1H 2020). Net income: S$11.6m (up 58% from 1H 2020). Profit margin: 3.9% (up from 3.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 25
Upcoming dividend of S$0.066 per share Eligible shareholders must have bought the stock before 01 June 2021. Payment date: 11 June 2021. Trailing yield: 4.1%. Lower than top quartile of Singaporean dividend payers (4.8%). In line with average of industry peers (3.8%). Reported Earnings • Apr 08
Full year 2020 earnings released: EPS S$0.20 (vs S$0.087 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: S$479.7m (up 5.2% from FY 2019). Net income: S$17.8m (up 127% from FY 2019). Profit margin: 3.7% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Feb 09
Full year 2020 earnings released: EPS S$0.20 (vs S$0.087 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: S$479.7m (up 5.2% from FY 2019). Net income: S$17.8m (up 127% from FY 2019). Profit margin: 3.7% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year. Recent Insider Transactions • Oct 14
Founder recently bought S$81k worth of stock On the 12th of October, Suan Sai Foo bought around 66k shares on-market at roughly S$1.23 per share. This was the largest purchase by an insider in the last 3 months. Suan Sai has been a buyer over the last 12 months, purchasing a net total of S$107k worth in shares.