Recent Insider Transactions • 34m
Executive Vice Chairman recently sold S$769k worth of stock On the 15th of June, Chee Kong Choo sold around 600k shares on-market at roughly S$1.28 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth S$1.3m. Chee Kong has been a net seller over the last 12 months, reducing personal holdings by S$5.0m. Recent Insider Transactions • Jun 16
Founder & Executive Chairman recently bought S$509k worth of stock On the 11th of June, Xiang Xiong Lin bought around 451k shares on-market at roughly S$1.13 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Xiang Xiong has been a net seller over the last 12 months, reducing personal holdings by S$2.3m. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to S$1.30, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Metals and Mining industry in Asia. Total returns to shareholders of 645% over the past three years. Recent Insider Transactions • May 30
Executive Vice Chairman recently sold S$1.3m worth of stock On the 28th of May, Chee Kong Choo sold around 1m shares on-market at roughly S$1.25 per share. This transaction amounted to 3.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Chee Kong has been a net seller over the last 12 months, reducing personal holdings by S$3.6m. Declared Dividend • May 02
Final dividend of S$0.035 announced Shareholders will receive a dividend of S$0.035. Ex-date: 13th May 2026 Payment date: 12th June 2026 Dividend yield will be 3.7%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (9% earnings payout ratio) and cash flows (31% 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. EPS is expected to grow by 20% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 19
Full year 2025 earnings released: EPS: US$0.10 (vs US$0.024 in FY 2024) Full year 2025 results: EPS: US$0.10 (up from US$0.024 in FY 2024). Revenue: US$128.4m (up 97% from FY 2024). Net income: US$42.0m (up 327% from FY 2024). Profit margin: 33% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Production and reserves: Gold Production: 35.768 troy koz (26.558 troy koz in FY 2024) Proved and probable reserves (ore): 6.251 Mt (6.136 Mt in FY 2024) Number of mines: 1 (1 in FY 2024) Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in Asia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 94% per year, which means it is significantly lagging earnings growth. Announcement • Apr 16
CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 30, 2026 CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 30, 2026, at 15:00 Singapore Standard Time. Location: 80 jurong east street 21, devan nair institute, for employment and employability, level 1, hall 1, singapore 609607, Singapore Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to S$1.31, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 667% over the past three years. New Risk • Mar 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (10% average weekly change). Reported Earnings • Feb 28
Full year 2025 earnings released: EPS: US$0.10 (vs US$0.024 in FY 2024) Full year 2025 results: EPS: US$0.10 (up from US$0.024 in FY 2024). Revenue: US$128.6m (up 97% from FY 2024). Net income: US$42.0m (up 327% from FY 2024). Profit margin: 33% (up from 15% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to S$1.54, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 22x in the Metals and Mining industry in Asia. Total returns to shareholders of 868% over the past three years. Announcement • Jan 29
CNMC Goldmine Holdings Limited to Report Fiscal Year 2025 Results on Mar 01, 2026 CNMC Goldmine Holdings Limited announced that they will report fiscal year 2025 results at 9:00 AM, Singapore Standard Time on Mar 01, 2026 Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to S$1.51, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 23x in the Metals and Mining industry in Asia. Total returns to shareholders of 672% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to S$1.24, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 23x in the Metals and Mining industry in Asia. Total returns to shareholders of 564% over the past three years. New Risk • Oct 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Significant insider selling over the past 3 months (S$5.2m sold). Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to S$1.17, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Metals and Mining industry in Asia. Total returns to shareholders of 600% over the past three years. Recent Insider Transactions • Aug 17
Executive Vice Chairman recently sold S$1.9m worth of stock On the 14th of August, Chee Kong Choo sold around 3m shares on-market at roughly S$0.59 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Chee Kong has been a net seller over the last 12 months, reducing personal holdings by S$2.2m. Declared Dividend • Aug 15
First half dividend increased to S$0.015 Dividend of S$0.015 is 275% higher than last year. Ex-date: 29th August 2025 Payment date: 12th September 2025 Dividend yield will be 3.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 23
CNMC Goldmine Holdings Limited to Report First Half, 2025 Results on Aug 14, 2025 CNMC Goldmine Holdings Limited announced that they will report first half, 2025 results on Aug 14, 2025 Declared Dividend • May 02
Final dividend increased to S$0.01 Dividend of S$0.01 is 43% higher than last year. Ex-date: 13th May 2025 Payment date: 13th June 2025 Dividend yield will be 3.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 228% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Recent Insider Transactions • Apr 17
Executive Vice Chairman recently sold S$285k worth of stock On the 14th of April, Chee Kong Choo sold around 750k shares on-market at roughly S$0.38 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. This was Chee Kong's only on-market trade for the last 12 months. New Risk • Apr 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (S$125.6m market cap, or US$93.3m). Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: US$0.024 (vs US$0.01 in FY 2023) Full year 2024 results: EPS: US$0.024 (up from US$0.01 in FY 2023). Revenue: US$65.5m (up 23% from FY 2023). Net income: US$9.85m (up 140% from FY 2023). Profit margin: 15% (up from 7.7% 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 77% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
CNMC Goldmine Holdings Limited to Report Fiscal Year 2024 Results on Feb 24, 2025 CNMC Goldmine Holdings Limited announced that they will report fiscal year 2024 results Pre-Market on Feb 24, 2025 Announcement • Jan 22
CNMC Goldmine Holdings Limited Provides Group Earnings Guidance for the Full Year Ended 31 December 2024 CNMC Goldmine Holdings Limited provided group earnings guidance for the full year ended 31 December 2024. The Board of Directors of CNMC Goldmine Holdings Limited announced that the Group is expecting a significant overall improvement in its net profit for full year ended 31 December 2024, as compared to the net profit recorded for the corresponding period ended 31 December 2023. The unaudited profit for full year 2024 shows a significant improvement compared to full year 2023, driven primarily by increased revenue from the sale of gold, as well as lead and zinc concentrate during the year. The foregoing profit-guidance is based on a preliminary review of the Group's unaudited consolidated financial results for full year 2024. New Risk • Aug 15
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (S$93.2m market cap, or US$70.8m). Reported Earnings • Aug 15
First half 2024 earnings released: EPS: US$0.011 (vs US$0.004 in 1H 2023) First half 2024 results: EPS: US$0.011 (up from US$0.004 in 1H 2023). Revenue: US$29.9m (up 12% from 1H 2023). Net income: US$4.43m (up 160% from 1H 2023). Profit margin: 15% (up from 6.4% 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 91% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
CNMC Goldmine Holdings Limited to Report Q2, 2024 Results on Aug 12, 2024 CNMC Goldmine Holdings Limited announced that they will report Q2, 2024 results Pre-Market on Aug 12, 2024 Declared Dividend • May 02
Final dividend of S$0.007 announced Shareholders will receive a dividend of S$0.007. Ex-date: 13th May 2024 Payment date: 14th June 2024 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 6.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% 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: US$0.01 (vs US$0 in FY 2022) Full year 2023 results: EPS: US$0.01 (up from US$0 in FY 2022). Revenue: US$53.2m (up 108% from FY 2022). Net income: US$4.10m (up US$3.98m from FY 2022). Profit margin: 7.7% (up from 0.5% in FY 2022). The increase in margin was driven by higher revenue. Production and reserves: Gold Proved and probable reserves (ore): 3.699 Mt (2.504 Mt in FY 2022) Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Apr 16
CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 30, 2024 CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 30, 2024, at 15:00 Singapore Standard Time. Location: 80 Jurong East Street 21, Devan Nair Institute for Employment and Employability Level 1, Hall 2, Singapore 609607 Singapore Singapore Agenda: To consider Adoption of the audited financial statements of the Company for financial year ended 31 December 2023 ("FY2023"), together with the Directors' Statement and Independent Auditors' Report; to consider Payment of final dividend of S$0.002 per ordinary share and special dividend of S$0.005 per ordinary share for FY2023; to consider Re-election of Mr Lim Kuoh Yang as Director; to consider Re-election of Mr Choo Chee Kong as Director; to consider Appointment of Mr Giang Sovann as Director; to consider Appointment of Ms Keng Yeng Pheng as Director; and to consider other business matters. Recent Insider Transactions • Apr 06
Executive Vice Chairman recently sold S$70k worth of stock On the 2nd of April, Chee Kong Choo sold around 330k shares on-market at roughly S$0.21 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. This was Chee Kong's only on-market trade for the last 12 months. Reported Earnings • Feb 24
Full year 2023 earnings released: EPS: US$0.01 (vs US$0 in FY 2022) Full year 2023 results: EPS: US$0.01 (up from US$0 in FY 2022). Revenue: US$53.6m (up 109% from FY 2022). Net income: US$4.10m (up US$3.98m from FY 2022). Profit margin: 7.6% (up from 0.5% 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 104% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Feb 16
CNMC Goldmine Holdings Limited to Report Fiscal Year 2023 Results on Feb 23, 2024 CNMC Goldmine Holdings Limited announced that they will report fiscal year 2023 results Pre-Market on Feb 23, 2024 Announcement • Aug 20
CNMC Goldmine Holdings Limited Announces Nominating Committee Changes The board of directors of CNMC Goldmine Holdings Limited refers to the announcement of 29 April 2022 (the ‘Announcement’) wherein it was disclosed that following the approval of Ms. Gan Siew Lian's continued appointment as independent director of the Company, the Nominating Committee (‘NC’) was reconstituted with Ms. Gan assuming the role of chairperson in place of Mr. Tan Poh Chye Allan. The Board wishes to inform that since the date of the Announcement, Mr. Tan had continued carrying out duties as chairperson of the NC. The Board wishes to inform of the following re-designation of chairperson of the NC with effect from 18 August 2023: Ms. Gan Siew Lian as (Chairperson); Mr. Kuan Cheng Tuck as (Member); Mr. Tan Poh Chye Allan as (Member). Ms. Gan was the chairperson of the NC from 1 July 2012 to 1 January 2022. Mr. Tan assumed the role of chairperson when Ms. Gan was re-designated as Non-Independent Non-Executive Director on 1 January 2022. The NC has assessed and is of the view that Ms .Gan possesses the requisite qualification and experience to assume the chairmanship of the NC. The Board had further considered and accepted the recommendation of the NC in relation to the aforementioned re-designation. Reported Earnings • Aug 16
First half 2023 earnings released: EPS: US$0.004 (vs US$0 in 1H 2022) First half 2023 results: EPS: US$0.004 (up from US$0 in 1H 2022). Revenue: US$26.6m (up 91% from 1H 2022). Net income: US$1.70m (up US$1.62m from 1H 2022). Profit margin: 6.4% (up from 0.5% 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 71% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Jul 29
CNMC Goldmine Holdings Limited to Report First Half, 2023 Results on Aug 14, 2023 CNMC Goldmine Holdings Limited announced that they will report first half, 2023 results on Aug 14, 2023 Reported Earnings • Apr 15
Full year 2022 earnings released: EPS: US$0 (vs US$0.004 in FY 2021) Full year 2022 results: EPS: US$0 (down from US$0.004 in FY 2021). Revenue: US$25.6m (down 22% from FY 2021). Net income: US$117.6k (down 93% from FY 2021). Profit margin: 0.5% (down from 5.2% in FY 2021). The decrease in margin was driven by lower revenue. Production and reserves: Gold Proved and probable reserves (ore): 2.504 Mt (2.148 Mt in FY 2021) Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$0 (vs US$0.004 in FY 2021) Full year 2022 results: EPS: US$0 (down from US$0.004 in FY 2021). Revenue: US$25.7m (down 22% from FY 2021). Net income: US$117.6k (down 93% from FY 2021). Profit margin: 0.5% (down from 5.2% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% 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. 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. No experienced directors. 6 highly experienced directors. Independent Director Avril Gan was the last director to join the board, commencing their role in 2012. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 30
Founder & Executive Chairman recently bought S$92k worth of stock On the 29th of September, Xiang Xiong Lin bought around 500k shares on-market at roughly S$0.18 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. This was Xiang Xiong's only on-market trade for the last 12 months. Announcement • Sep 12
CNMC Goldmine Holdings Limited Starts Commercial Production of Base Metals with Official Opening of Flotation Plant CNMC Goldmine Holdings Limited officially opened its flotation plant for processing of base metals in a ceremony officiated by the Chief Minister of Malaysia's Kelantan state. Built at a cost of about MYR 20 million, the plant will enable the Group to produce lead and zinc concentrate for sale. It is located at the Group's 10km2 Sokor gold mine in Kelantan. Sokor had an estimated 135,290 tonnes of unmined lead and 143,510 tonnes of unmined zinc as at 31 December 2021, according to the latest annual findings from independent mining advisory firm Datamine Australia Pty Ltd. (operating as ‘Snowden Optiro’) from Perth, Australia. These were nearly triple the estimates of 46,300 tonnes and 48,550 tonnes of unmined lead and zinc, respectively, which Optiro Pty Ltd. had reported for the previous year. Sokor also had about 5.73 million ounces of silver yet to be mined as at the end of last year, more than the 3.37 million ounces forecast by Snowden Optiro as at 31 December 2020. The flotation plant began trial production of lead and zinc in June this year, a month after its construction was completed. It is designed to process about 550 tonnes of base-metal ore a day at full capacity. The Group, which started underground gold mining two years ago, is building two additional underground mining facilities at Sokor. Ores extracted through underground mining usually contain more gold than those from open-pit or surface mining. 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. No experienced directors. 6 highly experienced directors. Non-Independent Non-Executive Director Avril Gan was the last director to join the board, commencing their role in 2012. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 19
Now 20% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be S$0.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: US$0.004 (vs US$0.009 loss in FY 2020) Full year 2021 results: EPS: US$0.004 (up from US$0.009 loss in FY 2020). Revenue: US$32.9m (up 38% from FY 2020). Net income: US$1.72m (up US$5.25m from FY 2020). Profit margin: 5.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Production and reserves: Gold Production: 18.256 troy koz (13.046 troy koz in FY 2020) Proved and probable reserves (ore): 2.148 Mt (3.761 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Announcement • Apr 11
CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 29, 2022 CNMC Goldmine Holdings Limited, Annual General Meeting, Apr 29, 2022, at 15:00 Singapore Standard Time. Agenda: To receive and adopt the audited financial statements for financial year ended 31 December 2021; to declare a final one-tier tax exempt dividend of SGD 0.0020 per ordinary share and a special one-tier tax exempt dividend of SGD 0.0060 per ordinary share for the financial year ended 31 December 2021; to re-elect Professor Lin Xiang Xiong re-election as a Director; and to transact other matters. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.004 (up from US$0.009 loss in FY 2020). Revenue: US$33.3m (up 40% from FY 2020). Net income: US$1.72m (up US$5.25m from FY 2020). Profit margin: 5.1% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Announcement • Feb 25
Cnmc Goldmine Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2021 CNMC Goldmine Holdings Limited announced that with the overall improvement in its financial performance, the Group is proposing to pay a final dividend of 0.2 Singapore cent a share. The proposed dividends, which are subject to shareholders’ approval at its upcoming annual general meeting in April 2022. Announcement • Feb 16
CNMC Goldmine Holdings Limited to Report Second Half, 2021 Results on Feb 24, 2022 CNMC Goldmine Holdings Limited announced that they will report second half, 2021 results on Feb 24, 2022 Announcement • Feb 12
CNMC Goldmine Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 December 2021 The Board of Directors of CNMC Goldmine Holdings Limited announced that, based on a preliminary assessment of the group's unaudited financial results for the full year ended 31 December 2021, the Group expects to record a net profit after tax for fiscal year 2021 compared to a net loss after tax reported in the preceding financial year ended 31 December 2020. The expected net profit after tax position for fiscal year 2021 is due to increased gold production and there being no material impairment expected compared to fiscal year 2020. Board Change • Aug 31
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. No experienced directors. 6 highly experienced directors. Lead Independent Director Cheng Tuck Kuan was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Feb 08
CNMC Goldmine Holdings Limited to Report Fiscal Year 2020 Results on Feb 28, 2021 CNMC Goldmine Holdings Limited announced that they will report fiscal year 2020 results on Feb 28, 2021 Announcement • Jan 20
CNMC Goldmine Holdings Limited to Stop All Production Activities and Operations Unless They Have Obtained Permission from Malaysia's National Security Council to Continue with Such Activities The board of directors (the "Board") of CNMC Goldmine Holdings Limited announced that Kelantan state has been placed under the Movement Control Order by the Malaysian Federal Government from 16 January 2021 to 26 January 2021 ("MCO 2.0"), following a spike in Covid-19 cases in the state. Under MCO 2.0, mining and quarrying sectors are not categorised as essential services. All permit /licence holders are therefore required to stop all production activities and operations including ore material transfer, quarrying and mineral mining, unless they have obtained permission from Malaysia's National Security Council ("NSC") to continue with such activities. The Company has submitted an application to the NSC through the Ministry of International Trade and Industry for permission to operate during MCO 2.0. Until such approval from NSC is granted, the Company will stop all mining and processing activities in Kelantan for the duration of MCO 2.0. Announcement • Jul 31
CNMC Goldmine Holdings Limited to Report Q2, 2020 Results on Aug 14, 2020 CNMC Goldmine Holdings Limited announced that they will report Q2, 2020 results on Aug 14, 2020