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Multi-Chem reports 2QFY09 Results (24 Jul 09)

Labels:

  • Revenue: +3% (2Q09), +2% (1H09)
  • Net Profit: NM (2Q09), NM (1H09)
  • Outlook:
  • The Group will continue to face price reduction pressure from customers and this business will be affected by customers relocate from South East Asia to areas like China and Vietnam.
  • For growth, the Group will focus on its best-of-breed products and will continue to look out for opportunities for regional expansion.
  • As the Group sells its IT products through partners, partner development and enablement is one of the focus areas.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 34,778 32,990
2008 34,320 31,921 40,705 31,101 138,047
2007 28,435 35,250 38,922 38,172 140,779
2006 22,100 21,845 26,574 26,899 97,418
2005 14,218 14,482 20,032 22,598 71,330
2004 NA NA 13,993 13,928 53,002
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total

2009 (3,544) (185)
2008 2,418 (1,452) 1,366 (3,234) (902)
2007 1,726 1,358 5,857 6,471 15,412
2006 4,292 2,658 4,185 3,199 14,334
2005 1,481 1,630 3,211 4,953 11,275
2004 NA NA 2,288 1,388 8,408
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Dividends

FY Interim Final Special (SGD)

2009 NA
2008 NA NA NA
2007 NA 0.0083 NA
2006 0.0084 NA NA
2005 0.0078 0.01403 0.0043
2004 NA 0.01584 NA
2003 NA 0.0095 0.0042
2002 NA 0.0081 NA
2001 NA NA NA
2000 NA 0.0024 0.0012
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Bonus / Rights / Stock Split

Date Type Details
2000-10-30 Bonus OFFER OF 1 FOR 2
2000-10-30 Rights OFFER OF 1 FOR 5 @ $0.05
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Share Data (SGD)

NAV = $0.2045
EPS = $(0.0103) (6M FY09)
No of Shares = 360,381,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date

NA



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