Singapore Myanmar Investco Limited (formerly: Singapore Windsor Holdings)

[dydx]

Today (11Nov10), Singapore Windsor posted its H1-FY11 (ending 31Mar11) results which showed a sharp profit turnaround from losses in H1-FY10, pointing towards a return to normal profitability of its PCB related service businesses.....
http://info.sgx.com/webcoranncatth.nsf/V...800170056/$file/SGWindsorHalfYearResults_30Sept2010.pdf?openelement

The relatively new 3D-circuit business under 34%-owned associate Taiwan 3D-Circuit, however, continued to remain loss-making.

More info on Singapore Windsor....
http://www.sin-windsor.com.sg/company_profile.htm

I am waiting for the 70%-owned PRC subsidiary Windsor Manganese (Yongzhou) Ltd to fire up its first furnace in mid-Dec10, which hopefully will transform Singapore Windsor towards greater financial success.  More info on the manganese refinery project.....
http://www.sin-windsor.com.sg/manganese.htm

[cyborg]

The silicon manganese plant is in testing state. They target to commence production for the first electric furnace in mid of December 2010. Good.

What I like from this company is that they managed to set up the silicon manganese plant without doing placement of shares or other dilutive actions. And no excessive debt.

[gimbeng]

The silicon manganese plant is in testing state. They target to commence production for the first electric furnace in mid of December 2010. Good.

What I like from this company is that they managed to set up the silicon manganese plant without doing placement of shares or other dilutive actions. And no excessive debt.

i guess that is why Robert Stone remains a major shareholder of this company-- in his interview with nextinsight..

[pianist]

i hope their silicon manganese plant in china is environmentally friendly..and not cause much health problems for the living community. if not i might feel guilty here.

[dydx]

By today's (3Mar11) announcement, private investor Robert A. Stone has again bought more shares from the open-market, and now holds a 11.01% interest (or 13,480,000 shares) in Singapore Windsor.....
http://info.sgx.com/webcorannc.nsf/Annou...endocument

By his actions, Mr Stone is really a committed long-term investor and financially solid. However, to many, his actions may appear 'crazy', especially Singapore Windsor is such an obscure and illiquid stock.

[dydx]

Today's (4Jul11) announcement I believe is a piece of good news....
http://info.sgx.com/webcorannc.nsf/Annou...endocument

Would the 70%-owned manganese refining project in Yongzhou, PRC, transform Singapore Windsor over time? We shall see.

Singapore Windsor's FY11 (ended 31Mar11) full-year results announcement makes interesting reading....
http://info.sgx.com/webcoranncatth.nsf/V...000350EF5/$file/SGWindsor_Fullyearresultsannt_31032011_300511.pdf?openelement

[d.o.g.]

What I like from this company is that they managed to set up the silicon manganese plant without doing placement of shares or other dilutive actions.

This is not correct. The company diluted its shareholding of Windsor Manganese Limited by bringing in 3 outside investors, including Robert Stone. As of the 2010 annual report, the Group only owns 70% of Windsor Manganese, down from 100% in 2009.

[dydx]

The recently released FY11 (ended 31Mar11) AR makes interesting reading....
http://info.sgx.com/listprosp.nsf/6c6be9...d000a3227/$FILE/Singapore%20Windsor%20Holdings.pdf

After reviewing the AR, I got an impression that Singapore Windsor's 2 core and well-established businesses of (1) manufacture of high-end PCB punching moulds, and die-casting and plastic injection mould bases; and (2) provision of PCB electroplating, punching and raw materials trading services, appear poised for further improvement in FY12. On top of this, if the 70%-owned new manganese refining project in Yongzhou, PRC, can take off nicely, there is a good chance that given enough time it is capable of transforming Singapore Windsor financially in a positive sense.

[pianist]

fy result out..a nasty big loss..
notably .."In view of continue down trend of silicon manganese market price and lesser demand from steel factory, the operation of the silicon manganese segment was suspended since 30 December 2011."...

[valueinvestor]

Robert A Stone seems to be owning shares in many loss making companies ? He likes penny stocks ?