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Nam Lee Pressed Metal Industries reports 3QFY09 Results (13 Aug 09)

Labels:

  • Revenue: -26% (9M09)
  • Net Profit: -38% (9M09)
  • Outlook: In the next 12 months, the expected slow economic recovery after the global recession will continue to affect demand for aluminium industrial products, which will in turn affect the revenue of the Group's manufacturing segment.
  • The Group will focus on improving operational efficiency and cost control measures in order to ensure competitiveness of the Group.
  • For the construction segment, the Group will continue to drive sales from securing public and private projects to provide a steady revenue stream.

FINANCIAL RECORDS

Revenue (SGD '000)

FY 1H 3Q 4Q Total

2009 67,717 23,253

FY 1H 2H Total
2008 82,484 79,154 161,638
2007 63,776 79,512 143,288
2006 39,661 52,434 92,095
2005 47,876 55,937 103,813
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Earnings (SGD '000)

FY 1H 3Q 4Q Total
2009 2,918 413

FY 1H 2H Total
2008 5,309 1,407 6,716
2007 4,662 3,590 8,252
2006 2,915 4,073 6,988
2005 4,400 4,194 8,594
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Dividends

FY Interim Final Special (SGD)
2009 NA
2008 NA 0.010 NA
2007 NA 0.006 NA
2006 NA 0.010 NA
2005 NA 0.010 NA
2004 0.005 0.010 NA
2003 NA 0.010 NA
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Bonus / Rights / Stock Split

Date Type Details

2008-11-14 Share Consolidation 1 FOR 2
2007-11-12 Rights OFFER OF 1 FOR 2 @ $0.105
2004-08-06 Bonus OFFER OF 1 FOR 2
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Share Data (SGD)

NAV = $0.366
EPS = $0.0147 (9M FY09)
No of Shares = 226,760,928
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA



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