SGX Stocks :: Your One Stop SGX Stocks Info Blog

• Revenue: -19% (3Q09), -2% (9M09)
• Net Profit: -23% (3Q09), -44% (9M09)
• Outlook: The Singapore economy is expected to contract by 11.5% in the first quarter of 2009 over the same period last year.
• Given the weak global outlook for the rest of the year, the Ministry of Trade and Industry has revised the economic growth forecast for 2009 to a range of -9.0% to -6.0%.
• The URA residential property price index has declined by 14.1% in the first quarter of 2009 over the previous quarter.
• Property market conditions in 2009 are expected to remain challenging.
• In view of this, the Group will continue to monitor the market closely and will exercise prudent management to ride through these difficult times.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 134,304 91,978 89,597
2008 100,186 110,669 109,985 107,333 428,173
2007 164,775 272,822 294,969 249,068 981,634
2006 153,248 153,945 140,769 441,296 889,258
2005 52,732 37,278 92,753 98,806 281,569
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Earnings (SGD '000)

FY 1Q 2Q 3Q 4Q Total
2009 32,592 20,904 21,367
2008 61,763 43,585 27,728 96,279 229,355
2007 30,809 53,739 54,076 243,211 381,835
2006 8,127 33,445 11,083 75,373 128,028
2005 3,124 11,457 5,594 4,236 24,411
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.03 0.03
2007 NA 0.03 0.05
2006 NA 0.03 0.03
2005 NA 0.03 NA
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Bonus / Rights / Stock Split

Date Type Details
2007-11-01 Rights OFFER OF 1 FOR 10 @ $2.05
2007-11-01 Rights RIGHTS DIVIDEND SGD 0.205 NET OF TAX
2004-03-05 Rights OFFER OF 1 FOR 6 @ $0.59
1994-02-14 Rights OFFER OF 1 FOR 1 @ $1.38
1992-10-13 Rights OFFER OF 1 FOR 4 @ $1.05
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Share Data (SGD)

NAV = $2.12
EPS = $0.0954 (9M FY09)
No of Shares = 793,386,760
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA