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LifeBrandz reports 3QFY09 Results (12 Jun 09)
- Revenue: -26%
- Net Profit: NM
- Outlook: While there were encouraging signs towards the end of Q3 FY2009, management believes that the outlook for at least the remainder of the year remains tentative.
- At this point, there is still no certainty as to whether the improvement in March and April signalled the start of a recovery and if so, whether that recovery is sustainable.
- Looking ahead, management is looking forward to launching its rights issue, which is expected to provide approXimately S$5.1 million in net funds to finance ongoing working capital requirements, as well as to allow the Group to capitalise on suitable opportunities in the current environment.
- In the next 12 months, the start of operations at the integrated resorts should provide a much needed boost to the Singapore economy and major players in the F&B and entertainment industry such as LifeBrandz.
- Management's priorities in the immediate term will continue to focus on prudent cost management whilst continuing to explore new concepts and rejuvenate selected brand names in its stable to maintain its leading position in Singapore's entertainment scene.
FINANCIAL RECORDS
Revenue (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 8,491 8,242 6,602
2008 9,919 11,300 8,952 9,058 39,229
2007 6,228 9,281 11,341 9,583 37,434
2006 69 5,513 7,366 5,003 17,951
2005 12,712 12,508 11,476 5,983 42,679
2004 NA NA NA NA 53,339
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Earnings (SGD '000)
FY 1Q 2Q 3Q 4Q Total
2009 (992) (1,101) (2,046)
2008 (796) 1 (2,047) (4,548) (7,390)
2007 52 378 (172) (1,729) (1,692)
2006 (5,696) (1,538) (3,552) (11,138) (21,924)
2005 2,108 934 1,804 83 4,929
2004 NA NA NA NA 9,623
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Dividends
FY Interim Final Special (SGD)
2009 NA
2008 NA NA NA
2007 NA NA NA
2006 NA NA NA
2005 NA 0.0010067 NA
2004 NA 0.0073 NA
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Bonus / Rights / Stock Split
Date Type Details
NA
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Share Data (SGD)
NAV = $0.0152
EPS = ($0.0028) (3Q FY09)
No of Shares = 734,000,000
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ANALYSTS' TARGET PRICES
Broker Recommendation Target Price Date
NA
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