Bukit Sembawang Estates Limited

Chow's last day with the company is on Feb 10.

“The robust sell-through rates of projects in May are expected to show a pick-up after the lull from January to April.”

The analysts have upped their target price to $5.92 from $5.44 previously.

Earnings per share for the 1HFY2020/2021 came in at 28.45 cents.

SINGAPORE (Feb 14): Property developer Bukit Sembawang Estates posted $54 million in earnings for the 3Q ended Dec 2018, up more than threefold from its restated 3Q18 earnings of $15.8 million due to a sevenfold y-o-y surge in revenue.  

SINGAPORE (Dec 14): Maybank Kim Eng Research is initiating coverage on Bukit Sembawang Estates at “buy” with a target price of $8.25, at a 20% discount to the research house’s RNAV of $10.31, on expectations of a cyclical earnings rebound in FY19/20

SINGAPORE (Nov 10): Bukit Sembawang Estates announced that 2Q18 earnings dropped 54% to $17.2 million from $37.3 million in 2Q17.

SINGAPORE (Aug 11): Bukit Sembawang Estates reported 1Q18 earnings dropped 78.3% to $5.96 million from $27.5 million a year ago.

SINGAPORE (March 6): Bukit Sembawang Estates says a DBS Group Research report released last Thursday and subsequently picked up by the media could explain the stock's unusual price movements on Monday.

SINGAPORE (Feb 10): Property developer Bukit Sembawang Estates has announced 3Q17 earnings of $5.4 million, down 78% from $24.3 million a year ago.