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Advanced reports 2Q FY09 Results (11 Aug 09)
- Revenue: -6.9% (2Q09), -22.7% (1H09)
- Net profit: +15.0% (2Q09), +0.8% (1H09)
- Outlook: The Group will continue to be vigilant in managing its costs and cash flow to stay competitive while looking for business and technologies to expand its business.
- The Group will continue to exercise stringent controls over both operating and capital expenditures.
- It is financially well-positioned to capitalise on growth opportunities.
- The Group had on 14 July 2009 announced that there were three new contracts totaling approximately S$17.0 million secured by the Group.
- With these new contracts added on, the order book now stands at S$60.0 million.
- However, the Group’s order book may not be indicative of its revenue for any successive periods.
- Barring any unforeseen circumstances, the Group expects to be profitable for FY2009.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 13,485 24,807
2008 22,925 26,638 20,963 14,163 84,689
2007 5,001 25,969 24,225 32,066 87,261
FY 1H 2H Total
2006 10,410 13,631 24,041
2005 12,284 26,568 38,852
2004 11,639 5,447 17,086
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 1,604 3,731
2008 2,047 3,244 1,376 1,084 7,729
2007 (427) 4,436 3,732 4,391 12,132
FY 1H 2H Total
2007 4,009 8,085 12,094
2006 1,158 2,463 3,621
2005 2,036 4,906 6,942
2004 2,206 370 2,576
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Dividends
FY Interim Final Special (SGD)
2009 0.0140
2008 0.0035 0.0100 BA
2007 0.0050 0.0075 NA
2006 0.0025 0.0035 NA
2005 0.0150 NA NA
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Bonus / Rights / Stock Split
Date Type Details
2006-04-28 Stock Split STOCK SPLIT OFFER OF 2 FOR 1
2005-09-23 Bonus OFFER OF 3 FOR 10
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Share Data (SGD)
NAV = $0.2385
EPS = $0.0176 (6M FY09)
No of Shares = 303,807,176
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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