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Baker Tech
26-02-2015, 05:49 PM, (This post was last modified: 26-02-2015, 05:49 PM by desmondxyz.)
Post: #121
RE: Baker Tech
(11-02-2015, 09:01 PM)Sincerity Wrote: I expect Bakertech to give special dividends due to it's huge cash pile.

Look at last year FY results, the EPS is 2.29 cents, but it still declared special dividend of 4 cents.

[Image: 2ro3laf.jpg]
[Image: 2nc4fw8.jpg]



So this year I expect it to declare special dividend of perhaps 2 cents + 1 cents dividend = 3 cents dividend. Hope I am correct

1 ct only.....

http://infopub.sgx.com/FileOpen/BTLFY201...eID=336319

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26-02-2015, 06:52 PM,
Post: #122
RE: Baker Tech
(26-02-2015, 05:49 PM)desmondxyz Wrote:
(11-02-2015, 09:01 PM)Sincerity Wrote: I expect Bakertech to give special dividends due to it's huge cash pile.

Look at last year FY results, the EPS is 2.29 cents, but it still declared special dividend of 4 cents.

[Image: 2ro3laf.jpg]
[Image: 2nc4fw8.jpg]



So this year I expect it to declare special dividend of perhaps 2 cents + 1 cents dividend = 3 cents dividend. Hope I am correct

1 ct only.....

http://infopub.sgx.com/FileOpen/BTLFY201...eID=336319

ya.. very disappointed... the management too stingy I feel as they are cash rich..
Well, looks like I have to sell tomorrow, U look at Dyna Mac, same thing happened, dividend less than last year, the next day sold down.. although not by much, but still sold down. hai..

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26-02-2015, 06:52 PM,
Post: #123
RE: Baker Tech
Seems like this one not affected with the oil price.

Based on the Q4 EPS of 0.68c, the PE is less than 10, plus debt free and cash rich. Big Grin

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26-02-2015, 11:37 PM,
Post: #124
RE: Baker Tech
(26-02-2015, 06:52 PM)valuebuddies Wrote: Seems like this one not affected with the oil price.

Based on the Q4 EPS of 0.68c, the PE is less than 10, plus debt free and cash rich. Big Grin

The full year fully diluted EPS is 1.41, PE is closer to 15. Order book is also down to US$30 mil and they have chosen to spec build the liftboat at a very bad time. Next few quarters not going to be pretty.

Good thing they have a strong balance sheet and should be able to survive the downturn. Benety and the super conservative board are likely to hold onto the cash in expectations of the tough time ahead and maybe look to pick up some assets on the cheap if they ever find one that fits their stringent criteria.

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27-02-2015, 11:34 AM,
Post: #125
RE: Baker Tech
IMO we should use the latest Q result as prediction for the future, as the contribution from the new subsidiary kick in only in the 2nd half of the year. With the absence of the special div this year, maybe we will see more M&A deals coming, moreover Benety has been pumping in cash to the company via rights exercising, I think more episodes to unfold this year.

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27-02-2015, 03:35 PM,
Post: #126
RE: Baker Tech
Are you referring to Baker Engineering Pte Ltd? If so, that's the subsidiary that is undertaking the speculative building for the Liftboat. Since it is a spec build, there will only be contributions if they find a buyer for it. Naturally, if they do, it will be a big boost but market conditions may dictate otherwise.

On his warrants exercising, I would not read too much into it. The warrants expire on 5 Jun 2015 and carries an exercise price of just $0.145. If he does not exercise them, he will have to sell in the open market and that would not look good on the company. If anything, given their love for warrants, it might be a good bet that they will start issuing another one soon either as a bonus or rights issue.

The company has good value primarily because of the strong balance sheet and a good and conservative (sometimes overly so) management. Immediate upside though may not be apparent under current conditions. Anyway, I am just sharing what I know of the company and the industry. I don't criticise or spread unwarranted fear against any companies or counters unnecessarily.

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05-09-2017, 02:40 AM,
Post: #127
RE: Baker Tech
Entry into A Binding Term Sheet with Respect to Proposed Investment into Emas Offshore Limited

Baker Technology Limited announced that the Company's wholly owned subsidiary, BT Investment Pte. Ltd. ("BTI") has on 29 August 2017 entered into a binding term sheet with Point Hope Pte. Ltd. ("Point Hope", and together with BTI, the "Potential Investors") and EMAS Offshore Limited ("EOL", and together with its subsidiaries and associated companies, the "EOL Group"), in relation to a potential cash investment by the Potential Investors (and/or their respective nominees or funds under their management) into EOL as part of a financial restructuring of the EOL Group.

More details in http://infopub.sgx.com/FileOpen/BTL_Anno...eID=469496
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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13-02-2018, 10:43 AM,
Post: #128
RE: Baker Tech
At last, positive news for the company.

http://infopub.sgx.com/Apps?A=COW_CorpAn...cee178585f

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04-04-2018, 07:47 PM, (This post was last modified: 05-04-2018, 06:23 AM by weijian.)
Post: #129
RE: Baker Tech
AR 2017
http://infopub.sgx.com/FileOpen/BTL_Annu...eID=495882

on page 23, the profit, revenue, cash position shows a very neat trend...in the wrong direction!

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