SGX Stocks :: Your One Stop SGX Stocks Info Blog

• Revenue: -72.4% (1Q10)
• Net Profit: -84.2% (1Q10)
• Outlook: Recently there is a pick-up in the property sector.
• Management remains cautious during this expansionary period and will continue to closely monitor the trend.
• The Group has successfully launched two projects, namely The Verdure and Luxus Hills Phase 1 in April 2009 and July 2009 respectively.
• The revenue and profit from these two projects will be recognised progressively when construction commences.
• Parc Mondrian and Paterson Suites will be completed in the next financial year.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 6,398
2009 23,188 16,727 17,825 4,863 62,603
2008 24,281 21,749 17,696 11,894 75,620
2007 12,629 15,970 13,515 15,865 57,979
2006 5,312 10,603 49,116 23,740 88,771
2005 4,383 3,143 5,818 5,204 18,548
-----------------------------------------------------------
Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2010 1,397
2009 8,814 5,737 (1,528) (61,436) (48,413)
2008 10,532 8,422 52,381 3,534 74,869 (Incl. one-time capital gain of $46.5 million)
2007 5,488 5,823 6,250 15,753 33,416
2006 2,881 4,699 21,820 12,195 41,595
2005 2,964 1,645 2,622 2,736 9,967
-----------------------------------------------------------
Dividends

FY Interim Final Special (SGD)
2009 0.04 0.02 NA
2008 0.05 0.07 NA
2007 1.03125 0.17 NA
2006 3.125 0.30 NA
2005 0.20 0.25 NA
2004 0.20 0.25 NA
-----------------------------------------------------------
Bonus / Rights / Stock Split

Date Type Details
2009-04-08 Rights OFFER OF 1 FOR 1
2006-10-09 Stock Split STOCK SPLIT OFFER OF 2 FOR 1
2006-10-09 Rights OFFER OF 1 FOR 2 @ $1.65
2006-10-09 Rights 1WTFOR2SPLITSH @ $1.65
2005-10-13 Rights OFFER OF 1 FOR 2 @ $5
-----------------------------------------------------------
Share Data (SGD)

NAV = $3.06
EPS = $0.0067 (3M FY10)
Diluted EPS = $0.0059 (3M FY10)
No of Shares = 215,933,330
-----------------------------------------------------------

ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA