View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBoustead Projects 将来の成長Future 基準チェック /06現在、 Boustead Projectsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Construction 収益成長20.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Major Estimate Revision • Nov 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from S$214.6m to S$246.2m. EPS estimate increased from S$0.04 to S$0.05 per share. Net income forecast to grow 42% next year vs 23% growth forecast for Construction industry in Singapore. Consensus price target up from S$1.25 to S$1.35. Share price fell 4.8% to S$0.80 over the past week.Price Target Changed • Jun 09Price target decreased to S$1.25Down from S$1.40, the current price target is provided by 1 analyst. New target price is 39% above last closing price of S$0.90. Stock is down 28% over the past year. The company is forecast to post earnings per share of S$0.038 for next year compared to S$0.036 last year.Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from S$292.4m to S$306.1m. EPS estimate fell from S$0.054 to S$0.024 per share. Net income forecast to shrink 94% next year vs 24% growth forecast for Construction industry in Singapore . Consensus price target up from S$1.33 to S$1.40. Share price rose 7.2% to S$1.19 over the past week.Major Estimate Revision • Jan 04Analysts update estimatesThe 2021 consensus revenue estimate was lowered from S$255.5m to S$248.4m. Earnings per share (EPS) increased from S$0.024 to S$0.45 for the same period. Net income is expected to grow by 649% next year compared to 18% growth forecast for the Construction industry in Singapore. The consensus price target of S$1.33 was unchanged from the last update. Share price is up 18% to S$0.95 over the past week.すべての更新を表示Recent updatesお知らせ • Sep 27Singapore Exchange Regulation Directs Boustead Projects to DelistSingapore Exchange Regulation (SGX RegCo) has issued a directive on September 26, 2023 for the delisting of Boustead Projects Limited, as the issuer has not ensured that at least 10% of the total number of issued shares are held by the public. In its notice of compliance, the frontline regulator also directed Boustead Projects and/or Boustead Singapore Limited to make an exit offer to the shareholders that is "fair and reasonable", with the proposal to be provided within one month from September 26, 2023. Boustead Singapore in February announced a voluntary unconditional general offer to privatise its real estate unit, Boustead Projects. The initial offer price was SGD 0.90 per share, and this was subsequently raised to SGD 0.95 per share on February 22. The independent financial adviser (IFA), PrimePartners Corporate Finance, opined that the offer was "not fair but reasonable". In its report, the IFA noted that the final offer price of SGD 0.95 was not within its final estimated valuation range of between SGD 1.17 and SGD 1.38. At the close of the offer, Boustead Singapore and its concert parties owned or controlled an aggregate of 299.2 million shares, representing approximately 95.5% of the total number of shares in the company. As less than 10% of Boustead Project shares were held by the public, the counter was suspended in March. Boustead Singapore had disclosed previously that it would not be able to avail itself to the powers of compulsory acquisition under the Companies Act. Under section 215(1) of the Companies Act, an offeror who acquires at least 90% of the total number of shares (other than those already held by the offeror, its related corporations or nominees), would be entitled to exercise the right to compulsorily acquire all the shares from shareholders who have not accepted the offer. The offer for Boustead Projects did not extend to 19.28% of the shares that were held through nominees by Chairman And Chief Executive Officer of Boustead Singapore, Wong Fong Fui. SGX RegCo said in March that Boustead Projects must restore its free float after its shares are suspended at the close of the takeover offer by its parent company. Otherwise, Boustead Projects would be directed to delist and provide an exit offer which is deemed fair and reasonable by an IFA. Under listing rules, exit offers in conjunction with voluntary delistings must not only be reasonable, but also fair. An offer is deemed fair if the price offered is equal to or greater than the value of the securities. Boustead Projects was granted two extensions to explore options to comply with listing rules, but did not restore its free float by the September 26 deadline, leading to the notice of compliance and delisting. Shares of Boustead Singapore rose 1.2% on September 26, 2023 to SGD 0.865, before the announcement. Raphael, SGX RegCo directs Boustead Projects to delist, with exit offer that is fair and reasonable.お知らせ • Jul 29+ 1 more updateBoustead Projects Limited Approves Special Tax Exempted (One-Tier) Dividend for the Year Ended March 31, 2023Boustead Projects Limited at its July 28, 2023 approved special tax exempted (one-tier) dividend of 0.7 cents per ordinary share for the year ended March 31, 2023.お知らせ • Jul 06+ 2 more updatesBoustead Projects Limited, Annual General Meeting, Jul 28, 2023Boustead Projects Limited, Annual General Meeting, Jul 28, 2023, at 11:00 Singapore Standard Time. Location: Nicoll 1 (Level 3), Suntec Singapore Convention & Exhibition Centre 1 Raffles Boulevard, Singapore 039593 Suntec Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2023 and the Independent Auditors' Report thereon; to approve a final tax-exempt (one-tier) dividend of 0.7 cents per ordinary share for the year ended 31 March 2023; to approve a special tax-exempt (one-tier) dividend of 0.7 cents per ordinary share for the year ended 31 March 2023; to re-elect Mr. Chu Kok Hong @ Choo Kok Hong as a director of the Company; to re-elect Mr. Wong Yu Wei (Huang Youwei) as a director of the Company; to re-appoint Messrs PricewaterhouseCoopers LLP as auditors of the Company and to authorise the directors to fix their remuneration; to authorise the directors to allot and issue shares pursuant to Section 161 of the Companies Act 1967 of Singapore; to approve the proposed renewal of the Share Buy-Back Mandate; and to consider other matters.お知らせ • May 19Boustead Projects Limited to Report Fiscal Year 2023 Results on May 25, 2023Boustead Projects Limited announced that they will report fiscal year 2023 results at 5:00 PM, Singapore Standard Time on May 25, 2023Major Estimate Revision • Nov 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from S$214.6m to S$246.2m. EPS estimate increased from S$0.04 to S$0.05 per share. Net income forecast to grow 42% next year vs 23% growth forecast for Construction industry in Singapore. Consensus price target up from S$1.25 to S$1.35. Share price fell 4.8% to S$0.80 over the past week.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kwet Yew Yong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13First half 2023 earnings released: EPS: S$0.024 (vs S$0.019 in 1H 2022)First half 2023 results: EPS: S$0.024 (up from S$0.019 in 1H 2022). Revenue: S$117.7m (down 34% from 1H 2022). Net income: S$7.67m (up 30% from 1H 2022). Profit margin: 6.5% (up from 3.3% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Construction industry in Asia are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Nov 05Boustead Projects Limited to Report Q2, 2023 Results on Nov 10, 2022Boustead Projects Limited announced that they will report Q2, 2023 results at 5:00 PM, Singapore Standard Time on Nov 10, 2022Upcoming Dividend • Jul 28Upcoming dividend of S$0.01 per shareEligible shareholders must have bought the stock before 04 August 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.1%). Lower than average of industry peers (3.1%).Reported Earnings • Jul 06Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: S$0.036 (down from S$0.42 in FY 2021). Revenue: S$339.1m (up 13% from FY 2021). Net income: S$11.3m (down 91% from FY 2021). Profit margin: 3.3% (down from 44% in FY 2021). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is expected to shrink by 37% compared to a 17% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jul 05Boustead Projects Limited, Annual General Meeting, Jul 28, 2022Boustead Projects Limited, Annual General Meeting, Jul 28, 2022, at 10:30 China Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2022 and the Independent Auditors' Report thereon; to approve a final tax-exempt (one-tier) dividend of 0.2 cents per ordinary share for the year ended 31 March 2022; to approve a special tax-exempt (one-tier) dividend of 0.8 cents per ordinary share for the year ended 31 March 2022; to re-elect the following directors retiring under Article 94 of the Company's Constitution: Mr Tam Chee Chong and Professor Yong Kwet Yew; to approve directors' fees of up to $300,000 for the financial year ending 31 March 2023, payable quarterly in arrears (2022: $280,000); and to consider other matters.お知らせ • Jul 02Boustead Projects Appoints Yong Kwet Yew Has as Member of the Audit & Risk CommitteeThe Board of Directors of Boustead Projects Limited announced that Professor Yong Kwet Yew has been appointed as a member of the Audit & Risk Committee ("ARC") of the Company with effect from 1 July 2022. Currently, he is a member of both the Nominating Committee and Remuneration Committee. In forming its opinion, the Board took into consideration that Professor Yong has been attending all of the ARC meetings since his appointment to the Board. During this period, he has made useful contributions to the ARC meetings. The Board also views that his appointment as an additional member will further strengthen the ARC, especially in helping the Board to manage risks in the Engineering & Construction Business. The Board considers Professor Yong to be independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. The Audit Committee of the Company now comprises the following Independent Non-Executive Directors: Tam Chee Chong (Chairman); John Lim Kok Min; Chong Lit Cheong; Professor Yong Kwet Yew.分析記事 • Jun 10One Boustead Projects Limited (SGX:AVM) Analyst Just Made A Major Cut To Next Year's EstimatesToday is shaping up negative for Boustead Projects Limited ( SGX:AVM ) shareholders, with the covering analyst...Price Target Changed • Jun 09Price target decreased to S$1.25Down from S$1.40, the current price target is provided by 1 analyst. New target price is 39% above last closing price of S$0.90. Stock is down 28% over the past year. The company is forecast to post earnings per share of S$0.038 for next year compared to S$0.036 last year.Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kwet Yew Yong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 26+ 1 more updateBoustead Projects Limited Proposes Final DividendThe Board of Boustead Projects Limited proposed a final dividend of 0.2 cents per share, subject to shareholders' approval.Reported Earnings • May 26Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: S$0.036 (down from S$0.42 in FY 2021). Revenue: S$339.1m (up 13% from FY 2021). Net income: S$11.3m (down 91% from FY 2021). Profit margin: 3.3% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 29% compared to a 16% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • May 19Boustead Projects Limited to Report Fiscal Year 2022 Results on May 25, 2022Boustead Projects Limited announced that they will report fiscal year 2022 results After-Market on May 25, 2022お知らせ • Apr 03Boustead Projects Limited Announces Resignation of Lum Wai Meng as Chief Operating OfficerBoustead Projects Limited announced the resignation of Lum Wai Meng as Chief Operating Officer. Mr. Lum Wai Meng ("Mr. Lum") has resigned to pursue his personal interest and is currently serving his notice until 30 June 2022.Reported Earnings • Nov 15First half 2022 earnings released: EPS S$0.019 (vs S$0.007 loss in 1H 2021)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: S$179.1m (up 104% from 1H 2021). Net income: S$5.90m (up S$8.15m from 1H 2021). Profit margin: 3.3% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 12Is Boustead Projects Limited (SGX:AVM) Potentially Undervalued?Boustead Projects Limited ( SGX:AVM ), is not the largest company out there, but it saw a double-digit share price rise...Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to S$1.10, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 44% over the past three years.Upcoming Dividend • Jul 29Upcoming dividend of S$0.15 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 18 August 2021. Trailing yield: 0.7%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (2.3%).Reported Earnings • Jul 08Full year 2021 earnings released: EPS S$0.42 (vs S$0.072 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$301.4m (down 29% from FY 2020). Net income: S$131.7m (up 493% from FY 2020). Profit margin: 44% (up from 5.2% in FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from S$292.4m to S$306.1m. EPS estimate fell from S$0.054 to S$0.024 per share. Net income forecast to shrink 94% next year vs 24% growth forecast for Construction industry in Singapore . Consensus price target up from S$1.33 to S$1.40. Share price rose 7.2% to S$1.19 over the past week.Reported Earnings • May 27Full year 2021 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$301.4m (down 29% from FY 2020). Net income: S$131.7m (up 493% from FY 2020). Profit margin: 44% (up from 5.2% in FY 2020). The increase in margin was driven by lower expenses.お知らせ • May 26+ 1 more updateBoustead Projects Limited Proposes Special Dividend for Fiscal Year 2021Boustead Projects Limited proposed a final ordinary dividend of 0.9 cents per share and a special dividend of 14.5 cents per share for fiscal year 2021, subject to shareholders' approval, after taking into consideration expected capital allocation plans to fund strategic growth and the foreseeable challenging construction environment.分析記事 • Apr 28Should You Investigate Boustead Projects Limited (SGX:AVM) At S$1.06?While Boustead Projects Limited ( SGX:AVM ) might not be the most widely known stock at the moment, it saw significant...分析記事 • Apr 08Calculating The Fair Value Of Boustead Projects Limited (SGX:AVM)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Boustead Projects...分析記事 • Mar 22We Think Boustead Projects (SGX:AVM) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 04Boustead Projects Limited's (SGX:AVM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Boustead Projects' (SGX:AVM) stock is up by a considerable 23% over the past three months. However, we decided to pay...分析記事 • Feb 14What Type Of Shareholders Make Up Boustead Projects Limited's (SGX:AVM) Share Registry?The big shareholder groups in Boustead Projects Limited ( SGX:AVM ) have power over the company. Generally speaking, as...分析記事 • Jan 30Did You Miss Boustead Projects' (SGX:AVM) 49% Share Price Gain?When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...分析記事 • Jan 17What Does Boustead Projects Limited's (SGX:AVM) Share Price Indicate?While Boustead Projects Limited ( SGX:AVM ) might not be the most widely known stock at the moment, it led the SGX...Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 27% share price gain to S$1.02, the stock is trading at a trailing P/E ratio of 30.7x, up from the previous P/E ratio of 24.2x. This compares to an average P/E of 15x in the Construction industry in Singapore. Total returns to shareholders over the past three years are 21%.分析記事 • Jan 04Calculating The Intrinsic Value Of Boustead Projects Limited (SGX:AVM)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Boustead Projects...Is New 90 Day High Low • Jan 04New 90-day high: S$0.95The company is up 30% from its price of S$0.73 on 06 October 2020. The Singaporean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period.Major Estimate Revision • Jan 04Analysts update estimatesThe 2021 consensus revenue estimate was lowered from S$255.5m to S$248.4m. Earnings per share (EPS) increased from S$0.024 to S$0.45 for the same period. Net income is expected to grow by 649% next year compared to 18% growth forecast for the Construction industry in Singapore. The consensus price target of S$1.33 was unchanged from the last update. Share price is up 18% to S$0.95 over the past week.分析記事 • Dec 21Are Boustead Projects's (SGX:AVM) Statutory Earnings A Good Guide To Its Underlying Profitability?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...分析記事 • Dec 03These 4 Measures Indicate That Boustead Projects (SGX:AVM) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Is New 90 Day High Low • Nov 20New 90-day high: S$0.82The company is up 4.0% from its price of S$0.79 on 21 August 2020. The Singaporean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 3.0% over the same period.分析記事 • Nov 18Boustead Projects Limited (SGX:AVM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Most readers would already be aware that Boustead Projects' (SGX:AVM) stock increased significantly by 9.5% over the...Reported Earnings • Nov 14First half 2021 earnings released: S$0.007 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: S$87.7m (down 44% from 1H 2020). Net loss: S$2.25m (down 123% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: S$0.69The company is down 12% from its price of S$0.78 on 29 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 05New 90-day low: S$0.72The company is down 5.0% from its price of S$0.76 on 07 July 2020. The Singaporean market is down 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is down 4.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Boustead Projects は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SGX:AVM - アナリストの将来予測と過去の財務データ ( )SGD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2023284181717N/A12/31/2022281161011N/A9/30/20222781334N/A6/30/20223081267N/A3/31/20223391199N/A12/31/2021366762021N/A9/30/20213931403232N/A6/30/20213471363434N/A3/31/20213011323637N/A12/31/2020329713939N/A9/30/2020357104142N/A6/30/2020408164549N/A3/31/202042622102107N/A12/31/2019350227282N/A9/30/2019297223544N/A6/30/2019257253743N/A3/31/201923431-50N/A12/31/2018201312222N/A9/30/2018168323940N/A6/30/2018163333636N/A3/31/2018170292525N/A12/31/2017182381212N/A9/30/20172013812N/A6/30/2017213363737N/A3/31/2017228364444N/A12/31/201624927N/A56N/A9/30/201626826N/A61N/A6/30/201626024N/A42N/A3/31/201625523N/A31N/A12/31/201524525N/A-7N/A9/30/201525921N/A38N/A6/30/201525624N/A17N/A3/31/201525525N/A21N/A12/31/201425726N/A58N/A9/30/201420933N/A33N/A6/30/201421233N/A42N/A3/31/201420936N/A46N/A3/31/201325662N/A9N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: AVMの予測収益成長が 貯蓄率 ( 2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: AVMの収益がSG市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: AVMの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: AVMの収益がSG市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: AVMの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: AVMの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/06/23 15:14終値2023/03/27 00:00収益2023/03/31年間収益2023/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Boustead Projects Limited これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Khang Chuen OngCGS InternationalLlelleythan TanUOB Kay Hian Research Pte Ltd
Major Estimate Revision • Nov 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from S$214.6m to S$246.2m. EPS estimate increased from S$0.04 to S$0.05 per share. Net income forecast to grow 42% next year vs 23% growth forecast for Construction industry in Singapore. Consensus price target up from S$1.25 to S$1.35. Share price fell 4.8% to S$0.80 over the past week.
Price Target Changed • Jun 09Price target decreased to S$1.25Down from S$1.40, the current price target is provided by 1 analyst. New target price is 39% above last closing price of S$0.90. Stock is down 28% over the past year. The company is forecast to post earnings per share of S$0.038 for next year compared to S$0.036 last year.
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from S$292.4m to S$306.1m. EPS estimate fell from S$0.054 to S$0.024 per share. Net income forecast to shrink 94% next year vs 24% growth forecast for Construction industry in Singapore . Consensus price target up from S$1.33 to S$1.40. Share price rose 7.2% to S$1.19 over the past week.
Major Estimate Revision • Jan 04Analysts update estimatesThe 2021 consensus revenue estimate was lowered from S$255.5m to S$248.4m. Earnings per share (EPS) increased from S$0.024 to S$0.45 for the same period. Net income is expected to grow by 649% next year compared to 18% growth forecast for the Construction industry in Singapore. The consensus price target of S$1.33 was unchanged from the last update. Share price is up 18% to S$0.95 over the past week.
お知らせ • Sep 27Singapore Exchange Regulation Directs Boustead Projects to DelistSingapore Exchange Regulation (SGX RegCo) has issued a directive on September 26, 2023 for the delisting of Boustead Projects Limited, as the issuer has not ensured that at least 10% of the total number of issued shares are held by the public. In its notice of compliance, the frontline regulator also directed Boustead Projects and/or Boustead Singapore Limited to make an exit offer to the shareholders that is "fair and reasonable", with the proposal to be provided within one month from September 26, 2023. Boustead Singapore in February announced a voluntary unconditional general offer to privatise its real estate unit, Boustead Projects. The initial offer price was SGD 0.90 per share, and this was subsequently raised to SGD 0.95 per share on February 22. The independent financial adviser (IFA), PrimePartners Corporate Finance, opined that the offer was "not fair but reasonable". In its report, the IFA noted that the final offer price of SGD 0.95 was not within its final estimated valuation range of between SGD 1.17 and SGD 1.38. At the close of the offer, Boustead Singapore and its concert parties owned or controlled an aggregate of 299.2 million shares, representing approximately 95.5% of the total number of shares in the company. As less than 10% of Boustead Project shares were held by the public, the counter was suspended in March. Boustead Singapore had disclosed previously that it would not be able to avail itself to the powers of compulsory acquisition under the Companies Act. Under section 215(1) of the Companies Act, an offeror who acquires at least 90% of the total number of shares (other than those already held by the offeror, its related corporations or nominees), would be entitled to exercise the right to compulsorily acquire all the shares from shareholders who have not accepted the offer. The offer for Boustead Projects did not extend to 19.28% of the shares that were held through nominees by Chairman And Chief Executive Officer of Boustead Singapore, Wong Fong Fui. SGX RegCo said in March that Boustead Projects must restore its free float after its shares are suspended at the close of the takeover offer by its parent company. Otherwise, Boustead Projects would be directed to delist and provide an exit offer which is deemed fair and reasonable by an IFA. Under listing rules, exit offers in conjunction with voluntary delistings must not only be reasonable, but also fair. An offer is deemed fair if the price offered is equal to or greater than the value of the securities. Boustead Projects was granted two extensions to explore options to comply with listing rules, but did not restore its free float by the September 26 deadline, leading to the notice of compliance and delisting. Shares of Boustead Singapore rose 1.2% on September 26, 2023 to SGD 0.865, before the announcement. Raphael, SGX RegCo directs Boustead Projects to delist, with exit offer that is fair and reasonable.
お知らせ • Jul 29+ 1 more updateBoustead Projects Limited Approves Special Tax Exempted (One-Tier) Dividend for the Year Ended March 31, 2023Boustead Projects Limited at its July 28, 2023 approved special tax exempted (one-tier) dividend of 0.7 cents per ordinary share for the year ended March 31, 2023.
お知らせ • Jul 06+ 2 more updatesBoustead Projects Limited, Annual General Meeting, Jul 28, 2023Boustead Projects Limited, Annual General Meeting, Jul 28, 2023, at 11:00 Singapore Standard Time. Location: Nicoll 1 (Level 3), Suntec Singapore Convention & Exhibition Centre 1 Raffles Boulevard, Singapore 039593 Suntec Singapore Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2023 and the Independent Auditors' Report thereon; to approve a final tax-exempt (one-tier) dividend of 0.7 cents per ordinary share for the year ended 31 March 2023; to approve a special tax-exempt (one-tier) dividend of 0.7 cents per ordinary share for the year ended 31 March 2023; to re-elect Mr. Chu Kok Hong @ Choo Kok Hong as a director of the Company; to re-elect Mr. Wong Yu Wei (Huang Youwei) as a director of the Company; to re-appoint Messrs PricewaterhouseCoopers LLP as auditors of the Company and to authorise the directors to fix their remuneration; to authorise the directors to allot and issue shares pursuant to Section 161 of the Companies Act 1967 of Singapore; to approve the proposed renewal of the Share Buy-Back Mandate; and to consider other matters.
お知らせ • May 19Boustead Projects Limited to Report Fiscal Year 2023 Results on May 25, 2023Boustead Projects Limited announced that they will report fiscal year 2023 results at 5:00 PM, Singapore Standard Time on May 25, 2023
Major Estimate Revision • Nov 22Consensus revenue estimates increase by 15%The consensus outlook for revenues in 2023 has improved. 2023 revenue forecast increased from S$214.6m to S$246.2m. EPS estimate increased from S$0.04 to S$0.05 per share. Net income forecast to grow 42% next year vs 23% growth forecast for Construction industry in Singapore. Consensus price target up from S$1.25 to S$1.35. Share price fell 4.8% to S$0.80 over the past week.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kwet Yew Yong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13First half 2023 earnings released: EPS: S$0.024 (vs S$0.019 in 1H 2022)First half 2023 results: EPS: S$0.024 (up from S$0.019 in 1H 2022). Revenue: S$117.7m (down 34% from 1H 2022). Net income: S$7.67m (up 30% from 1H 2022). Profit margin: 6.5% (up from 3.3% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is expected to decline by 4.6% p.a. on average during the next 3 years, while revenues in the Construction industry in Asia are expected to grow by 12%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Nov 05Boustead Projects Limited to Report Q2, 2023 Results on Nov 10, 2022Boustead Projects Limited announced that they will report Q2, 2023 results at 5:00 PM, Singapore Standard Time on Nov 10, 2022
Upcoming Dividend • Jul 28Upcoming dividend of S$0.01 per shareEligible shareholders must have bought the stock before 04 August 2022. Payment date: 18 August 2022. Payout ratio is a comfortable 5.5% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Singaporean dividend payers (6.1%). Lower than average of industry peers (3.1%).
Reported Earnings • Jul 06Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: S$0.036 (down from S$0.42 in FY 2021). Revenue: S$339.1m (up 13% from FY 2021). Net income: S$11.3m (down 91% from FY 2021). Profit margin: 3.3% (down from 44% in FY 2021). Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 9.1%. Over the next year, revenue is expected to shrink by 37% compared to a 17% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jul 05Boustead Projects Limited, Annual General Meeting, Jul 28, 2022Boustead Projects Limited, Annual General Meeting, Jul 28, 2022, at 10:30 China Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended 31 March 2022 and the Independent Auditors' Report thereon; to approve a final tax-exempt (one-tier) dividend of 0.2 cents per ordinary share for the year ended 31 March 2022; to approve a special tax-exempt (one-tier) dividend of 0.8 cents per ordinary share for the year ended 31 March 2022; to re-elect the following directors retiring under Article 94 of the Company's Constitution: Mr Tam Chee Chong and Professor Yong Kwet Yew; to approve directors' fees of up to $300,000 for the financial year ending 31 March 2023, payable quarterly in arrears (2022: $280,000); and to consider other matters.
お知らせ • Jul 02Boustead Projects Appoints Yong Kwet Yew Has as Member of the Audit & Risk CommitteeThe Board of Directors of Boustead Projects Limited announced that Professor Yong Kwet Yew has been appointed as a member of the Audit & Risk Committee ("ARC") of the Company with effect from 1 July 2022. Currently, he is a member of both the Nominating Committee and Remuneration Committee. In forming its opinion, the Board took into consideration that Professor Yong has been attending all of the ARC meetings since his appointment to the Board. During this period, he has made useful contributions to the ARC meetings. The Board also views that his appointment as an additional member will further strengthen the ARC, especially in helping the Board to manage risks in the Engineering & Construction Business. The Board considers Professor Yong to be independent for the purposes of Rule 704(8) of the Listing Manual of the Singapore Exchange Securities Trading Limited. The Audit Committee of the Company now comprises the following Independent Non-Executive Directors: Tam Chee Chong (Chairman); John Lim Kok Min; Chong Lit Cheong; Professor Yong Kwet Yew.
分析記事 • Jun 10One Boustead Projects Limited (SGX:AVM) Analyst Just Made A Major Cut To Next Year's EstimatesToday is shaping up negative for Boustead Projects Limited ( SGX:AVM ) shareholders, with the covering analyst...
Price Target Changed • Jun 09Price target decreased to S$1.25Down from S$1.40, the current price target is provided by 1 analyst. New target price is 39% above last closing price of S$0.90. Stock is down 28% over the past year. The company is forecast to post earnings per share of S$0.038 for next year compared to S$0.036 last year.
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Kwet Yew Yong was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 26+ 1 more updateBoustead Projects Limited Proposes Final DividendThe Board of Boustead Projects Limited proposed a final dividend of 0.2 cents per share, subject to shareholders' approval.
Reported Earnings • May 26Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2022 results: EPS: S$0.036 (down from S$0.42 in FY 2021). Revenue: S$339.1m (up 13% from FY 2021). Net income: S$11.3m (down 91% from FY 2021). Profit margin: 3.3% (down from 44% in FY 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 29% compared to a 16% growth forecast for the industry in Singapore. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • May 19Boustead Projects Limited to Report Fiscal Year 2022 Results on May 25, 2022Boustead Projects Limited announced that they will report fiscal year 2022 results After-Market on May 25, 2022
お知らせ • Apr 03Boustead Projects Limited Announces Resignation of Lum Wai Meng as Chief Operating OfficerBoustead Projects Limited announced the resignation of Lum Wai Meng as Chief Operating Officer. Mr. Lum Wai Meng ("Mr. Lum") has resigned to pursue his personal interest and is currently serving his notice until 30 June 2022.
Reported Earnings • Nov 15First half 2022 earnings released: EPS S$0.019 (vs S$0.007 loss in 1H 2021)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: S$179.1m (up 104% from 1H 2021). Net income: S$5.90m (up S$8.15m from 1H 2021). Profit margin: 3.3% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 12Is Boustead Projects Limited (SGX:AVM) Potentially Undervalued?Boustead Projects Limited ( SGX:AVM ), is not the largest company out there, but it saw a double-digit share price rise...
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to S$1.10, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 10x in the Construction industry in Asia. Total returns to shareholders of 44% over the past three years.
Upcoming Dividend • Jul 29Upcoming dividend of S$0.15 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 18 August 2021. Trailing yield: 0.7%. Lower than top quartile of Singaporean dividend payers (5.0%). Lower than average of industry peers (2.3%).
Reported Earnings • Jul 08Full year 2021 earnings released: EPS S$0.42 (vs S$0.072 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$301.4m (down 29% from FY 2020). Net income: S$131.7m (up 493% from FY 2020). Profit margin: 44% (up from 5.2% in FY 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jun 01Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from S$292.4m to S$306.1m. EPS estimate fell from S$0.054 to S$0.024 per share. Net income forecast to shrink 94% next year vs 24% growth forecast for Construction industry in Singapore . Consensus price target up from S$1.33 to S$1.40. Share price rose 7.2% to S$1.19 over the past week.
Reported Earnings • May 27Full year 2021 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$301.4m (down 29% from FY 2020). Net income: S$131.7m (up 493% from FY 2020). Profit margin: 44% (up from 5.2% in FY 2020). The increase in margin was driven by lower expenses.
お知らせ • May 26+ 1 more updateBoustead Projects Limited Proposes Special Dividend for Fiscal Year 2021Boustead Projects Limited proposed a final ordinary dividend of 0.9 cents per share and a special dividend of 14.5 cents per share for fiscal year 2021, subject to shareholders' approval, after taking into consideration expected capital allocation plans to fund strategic growth and the foreseeable challenging construction environment.
分析記事 • Apr 28Should You Investigate Boustead Projects Limited (SGX:AVM) At S$1.06?While Boustead Projects Limited ( SGX:AVM ) might not be the most widely known stock at the moment, it saw significant...
分析記事 • Apr 08Calculating The Fair Value Of Boustead Projects Limited (SGX:AVM)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Boustead Projects...
分析記事 • Mar 22We Think Boustead Projects (SGX:AVM) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Mar 04Boustead Projects Limited's (SGX:AVM) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Boustead Projects' (SGX:AVM) stock is up by a considerable 23% over the past three months. However, we decided to pay...
分析記事 • Feb 14What Type Of Shareholders Make Up Boustead Projects Limited's (SGX:AVM) Share Registry?The big shareholder groups in Boustead Projects Limited ( SGX:AVM ) have power over the company. Generally speaking, as...
分析記事 • Jan 30Did You Miss Boustead Projects' (SGX:AVM) 49% Share Price Gain?When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
分析記事 • Jan 17What Does Boustead Projects Limited's (SGX:AVM) Share Price Indicate?While Boustead Projects Limited ( SGX:AVM ) might not be the most widely known stock at the moment, it led the SGX...
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 27% share price gain to S$1.02, the stock is trading at a trailing P/E ratio of 30.7x, up from the previous P/E ratio of 24.2x. This compares to an average P/E of 15x in the Construction industry in Singapore. Total returns to shareholders over the past three years are 21%.
分析記事 • Jan 04Calculating The Intrinsic Value Of Boustead Projects Limited (SGX:AVM)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Boustead Projects...
Is New 90 Day High Low • Jan 04New 90-day high: S$0.95The company is up 30% from its price of S$0.73 on 06 October 2020. The Singaporean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 5.0% over the same period.
Major Estimate Revision • Jan 04Analysts update estimatesThe 2021 consensus revenue estimate was lowered from S$255.5m to S$248.4m. Earnings per share (EPS) increased from S$0.024 to S$0.45 for the same period. Net income is expected to grow by 649% next year compared to 18% growth forecast for the Construction industry in Singapore. The consensus price target of S$1.33 was unchanged from the last update. Share price is up 18% to S$0.95 over the past week.
分析記事 • Dec 21Are Boustead Projects's (SGX:AVM) Statutory Earnings A Good Guide To Its Underlying Profitability?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
分析記事 • Dec 03These 4 Measures Indicate That Boustead Projects (SGX:AVM) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Is New 90 Day High Low • Nov 20New 90-day high: S$0.82The company is up 4.0% from its price of S$0.79 on 21 August 2020. The Singaporean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 3.0% over the same period.
分析記事 • Nov 18Boustead Projects Limited (SGX:AVM) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?Most readers would already be aware that Boustead Projects' (SGX:AVM) stock increased significantly by 9.5% over the...
Reported Earnings • Nov 14First half 2021 earnings released: S$0.007 loss per shareThe company reported a poor first half result with weaker earnings, revenues and control over expenses. First half 2021 results: Revenue: S$87.7m (down 44% from 1H 2020). Net loss: S$2.25m (down 123% from profit in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: S$0.69The company is down 12% from its price of S$0.78 on 29 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 05New 90-day low: S$0.72The company is down 5.0% from its price of S$0.76 on 07 July 2020. The Singaporean market is down 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is down 4.0% over the same period.