Kingsmen Creatives

(03-05-2012, 08:22 PM)dzwm87 Wrote: AM Fraser having an "upfront with mgmt".. and it is inclusive of kingsmen creative..

might be an opportunity to meet them and ask questions..

not sure if it is free or the seats are fully reserved..

*not vested*

i just sign up minutes ago, not sure if i am able to get a seat as it is on a saturday. I received the mail at 3.45pm, let hope there's some chance since it is at SGX auditorium. Include osim, MIIF and Nam Cheong.

My Remisier in AMFraser also asked me if I wanted to attend the event. AmFraser is quite bullish on MIIF and Kingsmen. AmFraser did the placement shares for Nam Cheong last year. So they are quite supportive of Nam Cheong.

My Remisier in AMFraser also asked me if I wanted to attend the event. AmFraser is quite bullish on MIIF and Kingsmen. AmFraser did the placement shares for Nam Cheong last year. So they are quite supportive of Nam Cheong.

(03-05-2012, 08:22 PM)dzwm87 Wrote: AM Fraser having an "upfront with mgmt".. and it is inclusive of kingsmen creative..

might be an opportunity to meet them and ask questions..

not sure if it is free or the seats are fully reserved..

*not vested*

Thank you for the tip, dzwm87. Frankly I did not know Kingsmen would be "featured" by AmFraser as one of the speakers at their corporate event. The last time I attended such a talk was when it was organized by Kim Eng back in 2010, when I first met the GM Mr. Andrew Cheng and CEO Benedict Soh. That was a good first impression and convinced me to slowly but steadily increase my stake in Kingsmen back in 2010, and then a little more in March 2011.

Kingsmen is doing its part to raise its profile among the investment community, and they have been doing a talk at Invest Fair for the last few years, in addition to doing the Interior Fit-Out works for the Fair as well!

I think I will sit this one out as I had asked all I wanted to ask during the Invest Fair and the recent AGM. But for those who are attending, it would be a good session as they can also query Management on the 1Q 2012 results which will be released on May 10, 2012. The question is will Kingsmen be able to maintain net margin of about 6-8%? Recall that for 1Q 2011 net margin had fallen to 3.79%.

I have successfully applied for it, gonna be tough to prepare for 4 companies in 2 weeks. AmFraser has done a pretty good job as these 4 companies seemed to be above-average businesses that deserve some look beyond the figures.

I realize that the smaller companies are sometimes more active on the IR side as compared to some larger companies. Some IR simply doesn’t answer your question which makes me wonder what are they hired for?

When I request for some information about SBS:

“The information that we disclose are found in the websites of our 3 listed entities (ComfortDelGro, SBS Transit and VICOM). The Annual Reports are also available on the websites. You may want to refer to them.”

When I probe further:

“The information that we disclose to the public are found in the websites. The information you asked for is not in the public domain.”

Comfortdelgro seemed to worry a lot about information leak to their competitors, should have just called their IR as PR instead.

MIIF has semi annual briefings and Q&A sessions for all investors after their 1H and 2H results.

From the price/volume chart, I can see Mr Market has been working steadily on Kingsmen since the 2nd-week of Feb12. This to me is a reliable-enough sign indicating that a major positive corporate action could be in the making. Wishful thinking?

Thanks dydx - I have to admit that as regards Kingsmen, I am guilty of thinking wishfully at the moment........... as an existing shareholder.

Kingsmen's share price hit a record intra-day high this morning, with more than 230,000 shares traded at the S$ 0.690 level. It will be interesting to see what happens this coming week, when Kingsmen goes ex-Dividend (SCents 2.5 per share) ........... we all know the theory ........... but lets see.

I note that Delta Lloyd appears not to have increased (or decreased for that matter) their holding since crossing the 5% stake level - at least no announcements or disclosures have been made ........ by the way .......I didn't see Delta Lloyd identified in Kingsmen's 2011 Annual Report even though they passed the 5% hurdle in mid February, i.e. about one month before the Shareholder List for the AR was compiled. Even if they used more than one nominee account, my understanding of the rules is that a > 5.0% shareholder has to be identified in the AR. May be I am missing something.

Vested

(04-05-2012, 12:13 PM)dydx Wrote: From the price/volume chart, I can see Mr Market has been working steadily on Kingsmen since the 2nd-week of Feb12. This to me is a reliable-enough sign indicating that a major positive corporate action could be in the making. Wishful thinking?

Major corporate action?

PLs noooooooooooooo

(04-05-2012, 12:45 PM)RBM Wrote: Kingsmen's share price hit a record intra-day high this morning, with more than 230,000 shares traded at the S$ 0.690 level. It will be interesting to see what happens this coming week, when Kingsmen goes ex-Dividend (SCents 2.5 per share) ........... we all know the theory ........... but lets see.

(04-05-2012, 12:13 PM)dydx Wrote: From the price/volume chart, I can see Mr Market has been working steadily on Kingsmen since the 2nd-week of Feb12. This to me is a reliable-enough sign indicating that a major positive corporate action could be in the making. Wishful thinking?

Hi RBM and dydx,

Kingsmen will go XD on May 8, 2012 (Tue) and release their 1Q 2012 results on May 10, 2012. The way I perceive it is that people just want a piece of that dividend and are hence bidding up the share price. I do not foresee any major corporate action coming soon as a result of recent share price movements.

There were 137 lots transacted at a price of $0.69 in the morning, which contributed to the above-average traded volume. Currently, Kingsmen is trading at $0.695. This equates to a historical dividend yield of 5.75% based on a full-year dividend of 4 cents/share. For info, Kingsmen's all-time high was 70 cents (close) back some time on August 21, 2009. Intra-day high was 74 cents.