Reported Earnings • Mar 15
First half 2026 earnings released: RM0.008 loss per share (vs RM0.021 loss in 1H 2025) First half 2026 results: RM0.008 loss per share (improved from RM0.021 loss in 1H 2025). Revenue: RM137.3m (up 95% from 1H 2025). Net loss: RM4.20m (loss narrowed 59% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Dec 01
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. 6 experienced directors. No highly experienced directors. COO & Executive Director Wei Hung Lim was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 06
Southern Alliance Mining Ltd., Annual General Meeting, Nov 24, 2025 Southern Alliance Mining Ltd., Annual General Meeting, Nov 24, 2025, at 10:00 Singapore Standard Time. Location: room 3-2, isca house, 60 cecil street, singapore 049709, Singapore Reported Earnings • Sep 27
Full year 2025 earnings released: RM0.056 loss per share (vs RM0.009 loss in FY 2024) Full year 2025 results: RM0.056 loss per share (further deteriorated from RM0.009 loss in FY 2024). Revenue: RM199.5m (up 20% from FY 2024). Net loss: RM27.3m (loss widened RM22.9m from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. New Risk • Sep 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 68% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Aankondiging • May 31
Southern Alliance Mining Ltd. Announces Change of Company Secretaries, Effective 1 June 2025 The Board of Directors of Southern Alliance Mining Ltd. announced the appointment of Ms Kong Wei Fung and Mr. Chin Yee Seng as Company Secretaries in place of Ms Tong Shan, Helen, who has resigned as the Company Secretary, with effect from 1 June 2025. Recent Insider Transactions • Apr 24
MD & Executive Director recently bought S$56k worth of stock On the 21st of April, Kok Sam Pek bought around 106k shares on-market at roughly S$0.53 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. Kok Sam has been a buyer over the last 12 months, purchasing a net total of S$122k worth in shares. Reported Earnings • Mar 20
First half 2025 earnings released: RM0.021 loss per share (vs RM0.003 loss in 1H 2024) First half 2025 results: RM0.021 loss per share (further deteriorated from RM0.003 loss in 1H 2024). Revenue: RM70.3m (down 24% from 1H 2024). Net loss: RM10.3m (loss widened RM9.04m from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 11
Southern Alliance Mining Ltd. to Report First Half, 2025 Results on Mar 17, 2025 Southern Alliance Mining Ltd. announced that they will report first half, 2025 results on Mar 17, 2025 New Risk • Jan 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 35% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 52% per year over the past 5 years. Aankondiging • Nov 11
Southern Alliance Mining Ltd., Annual General Meeting, Nov 28, 2024 Southern Alliance Mining Ltd., Annual General Meeting, Nov 28, 2024, at 10:00 Singapore Standard Time. Location: suntec singapore convention & exhibition centre, level 3, room 324, Singapore Reported Earnings • Sep 28
Full year 2024 earnings released: RM0.023 loss per share (vs RM0.016 loss in FY 2023) Full year 2024 results: RM0.023 loss per share (further deteriorated from RM0.016 loss in FY 2023). Revenue: RM165.8m (up 34% from FY 2023). Net loss: RM11.3m (loss widened 45% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 12
Southern Alliance Mining Ltd. Announces Change of Company Secretary The Board of Directors of Southern Alliance Mining Ltd. announced the appointment of Ms. Tong Shan, Helen as Company Secretary of the Company with effect from 12 July 2024 in place of Mr. Lee Wei Hsiung (Mr. Lee) who has resigned with effect from 12 July 2024. Reported Earnings • Mar 19
First half 2024 earnings released: RM0.003 loss per share (vs RM0.014 loss in 1H 2023) First half 2024 results: RM0.003 loss per share (improved from RM0.014 loss in 1H 2023). Revenue: RM92.2m (up 77% from 1H 2023). Net loss: RM1.24m (loss narrowed 82% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Board Change • Mar 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. COO & Executive Director Wei Hung Lim was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Full year 2023 earnings released: RM0.016 loss per share (vs RM0.033 profit in FY 2022) Full year 2023 results: RM0.016 loss per share (down from RM0.033 profit in FY 2022). Revenue: RM124.1m (down 31% from FY 2022). Net loss: RM7.78m (down 148% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Aankondiging • Nov 07
Southern Alliance Mining Ltd., Annual General Meeting, Nov 23, 2023 Southern Alliance Mining Ltd., Annual General Meeting, Nov 23, 2023, at 14:00 Singapore Standard Time. Location: Suntec Singapore Convention & Exhibition Centre, Level 3, Room 334 Singapore Singapore Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended 31 July 2023 together with the Auditors' Report thereon; to re-elect Dato' Sri Pek Kok Sam, as a Director of the Company, who is retiring pursuant to Regulation 96 of the Company's Constitution; to re-elect Chin Chee Choon, as a Director of the Company, who is retiring by rotation pursuant to Regulation 96 of the Company's Constitution; to approve the payment of Directors' fees of S$311,800 for the financial year ending 31 July 2024; and to transact any other ordinary business which may properly be transacted at an annual general meeting. Reported Earnings • Sep 27
Full year 2023 earnings released: RM0.016 loss per share (vs RM0.033 profit in FY 2022) Full year 2023 results: RM0.016 loss per share (down from RM0.033 profit in FY 2022). Revenue: RM124.1m (down 31% from FY 2022). Net loss: RM7.78m (down 148% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Mar 17
First half 2023 earnings released: RM0.014 loss per share (vs RM0.04 profit in 1H 2022) First half 2023 results: RM0.014 loss per share (down from RM0.04 profit in 1H 2022). Revenue: RM52.2m (down 47% from 1H 2022). Net loss: RM7.01m (down 136% from profit in 1H 2022). Aankondiging • Nov 29
Southern Alliance Mining Ltd. Approves To Declare A Final Tax Exempt (1-Tier) Dividend for Year Ended 31 July 2022 Southern Alliance Mining Ltd. at Annual General Meeting on 28 November 2022 approves To declare a final tax exempt (1-tier) dividend of SGD 0.0022 per ordinary share for the financial year ended 31 July 2022. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. MD & Executive Director Kok Sam Pek is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Aankondiging • Nov 12
Southern Alliance Mining Ltd., Annual General Meeting, Nov 28, 2022 Southern Alliance Mining Ltd., Annual General Meeting, Nov 28, 2022, at 10:00 China Standard Time. Location: at Suntec Singapore Convention & Exhibition Centre, Level 3, Room 334 Suntec City Singapore Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended 31 July 2022 together with the Auditors' Report thereon; to declare a final tax exempt dividend of S$ 0.0022 per ordinary share for the financial year ended 31 July 2022; To approve the payment of Directors' fees of S$311,800 for the financial year ending 31 July 2023; to re-appoint Messrs Ernst & Young LLP as Auditors of the Company and to authorize the Directors to fix their remuneration; and to consider other matters. Aankondiging • Sep 29
Southern Alliance Mining Ltd. Proposes Tax Exempt Final Cash Dividend for the Year Ended 31 July 2022 Southern Alliance Mining Ltd. proposes tax exempt final cash dividend of 0.22 Singapore cents per share ("Final Dividend") equivalent to 21.25% of the Group's FY2022 NPAT. The Final Dividend is subject to the approval by shareholders at the forthcoming annual general meeting of the Company and the Company will make the relevant announcements in due course. Reported Earnings • Sep 29
Full year 2022 earnings released: EPS: RM0.033 (vs RM0.30 in FY 2021) Full year 2022 results: EPS: RM0.033 (down from RM0.30 in FY 2021). Revenue: RM178.7m (down 54% from FY 2021). Net income: RM16.3m (down 89% from FY 2021). Profit margin: 9.1% (down from 38% in FY 2021). The decrease in margin was driven by lower revenue. Board Change • Sep 19
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CEO & Executive Director Kok Sam Pek is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CEO & Executive Director Kok Sam Pek is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 19
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: RM0.04 (down from RM0.10 in 1H 2021). Revenue: RM98.5m (down 35% from 1H 2021). Net income: RM19.4m (down 62% from 1H 2021). Profit margin: 20% (down from 34% in 1H 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Aankondiging • Feb 26
Southern Alliance Mining Ltd. Announces Resignation of Ms. Wang Shin Lin, Adeline as Joint Company Secretary The Board of Directors of Southern Alliance Mining Ltd. announced the resignation of Ms. Wang Shin Lin, Adeline (Ms. Wang) as the Joint Company Secretary of the company with effect from 25 February 2022. Mr. Lee Wei Hsiung remains as the Company Secretary of the company. Reported Earnings • Sep 25
Full year 2021 earnings released: EPS RM0.30 (vs RM0.13 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: RM387.4m (up 52% from FY 2020). Net income: RM148.1m (up 139% from FY 2020). Profit margin: 38% (up from 24% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 16% share price gain to RM1.11, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 18x in the Metals and Mining industry in Asia. Total returns to shareholders of 327% over the past year. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 18% share price gain to RM1.13, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 19x in the Metals and Mining industry in Asia. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 21% share price gain to RM1.20, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 21x in the Metals and Mining industry in Singapore. Is New 90 Day High Low • Mar 12
New 90-day high: S$0.42 The company is up 38% from its price of S$0.30 on 11 December 2020. The Singaporean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 38% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: S$0.36 The company is up 24% from its price of S$0.29 on 02 October 2020. The Singaporean market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 39% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: S$0.32 The company is up 19% from its price of S$0.27 on 18 September 2020. The Singaporean market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 26% over the same period. Is New 90 Day High Low • Nov 11
New 90-day high: S$0.31 The company is up 17% from its price of S$0.27 on 13 August 2020. The Singaporean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period. Aankondiging • Nov 05
Southern Alliance Mining Ltd., Annual General Meeting, Nov 27, 2020 Southern Alliance Mining Ltd., Annual General Meeting, Nov 27, 2020, at 10:00 Singapore Standard Time. Agenda: To consider an adoption of Directors' Statement and the audited financial statements for the financial year ended 31 July 2020 together with the auditors' report thereon; to consider the declaration of a final tax exempt (one-tier) dividend of SGD 0.006 per ordinary share for the financial year ended 31 July 2020; to consider the re-election of directors; to consider an approval for payment of Directors' fees of SGD 156,000 for the financial year ended 31 July 2020; to approve the payment of Directors' fees of SGD 208,000 for the financial year ending 31 July 2021; to consider the re-appointment of Messrs Ernst & Young LLP as Auditors and to authorize the Directors to fix their remuneration; to consider an authority to allot and issue shares; and to transact such other business issues. Reported Earnings • Sep 26
Full year earnings released - EPS S$0.13 Over the last 12 months the company has reported total profits of RM62.1m, down 30% from the prior year. Total revenue was RM254.2m over the last 12 months, up 34% from the prior year. Profit margins were 24%, which is lower than the 47% margin from last year. The decrease in margin was driven by higher expenses. 