Kingsmen Creatives

[Some-one]

An article on Kingsmen Creative to share with you all.

http://www.sharesinv.com/articles/2012/1...nsumerism/

[Musicwhiz]

Thanks, but seems like need subscription though?

[Some-one]

No need. It's free. Only the articles in Dow Jones need subscription.

[Musicwhiz]

Registered but still can't access the full article using my mobile phone. Pretty frustrating.

Wonder if you could post the article, please?

[RBM]

I believe this is it .............. I don't see anything new. It is positive about Kingsmen. I like some of shareinv's other recent pieces (e.g. on Astro and Geo Energy) - one of the better investment sites IMHO.

Vested
QUOTE
25 October 2012

Kingsmen Creatives Showcases Designing Prowess To Ride On Asian Consumerism

By Daxx Chong

For the habitual shoppers among us, the stroll down our golden shopping belt Orchard Road is leaving us spoilt for choice these days. Many of the times, one will chance upon newly sprouted-up stores of international retailers at the very next turn. Abercrombie and Fitch, Coach, H&M, LVMH, and Uniqlo are a few names on a growing list of retailers that have landed on our tiny island.

This phenomenon of international retailers foraying into Asia markets, in a bid to chase after the consumer dollars, is not only playing out in Singapore but has also hit the shores of other regional countries. In an exclusive interview with Share Investment, Benedict Soh, executive chairman of Kingsmen Creatives, shared ground knowledge as well as optimism in riding on this phenomenon. “Western consumers aren’t likely to return to their heydays soon, so global brand names are shifting their focus to Asia where consumers have rising disposable income,” Soh said. “Given our experience in roll-out programmes for the retailers [including names mentioned in the opening paragraph], we are confident in securing more projects.”

“One-Stop-Shop” Solution
Indeed, since its founding in 1976, Kingsmen has grown to become a leading communication design and production group in Asia Pacific and the Middle East. Today, the company boasts a regional network of 18 offices and full service facilities to provide a “one-stop-shop” solution. “When an international retailer plans to enter Asia by setting up five stores across five separate countries, the retailer only has to work with the Kingsmen team at one single office at one single geographical point. Thereafter, Kingsmen will manufacture the fixtures and roll them out in the different stores,” illustrated Soh. “Our competitive edge lies in bringing convenience and cost savings to the clients. This is reflected through our order profile, which is 70 percent made up by repeated clients.”

The success of Kingsmen’s business model was borne out by its 1H12 financial results – profit in the six-month period rose 23.5 percent to $7.2 million from $5.8 million compared to a year ago, in tandem with a 26.9 percent growth in revenue to $117.8 million from $92.8 million. Remarkably, higher revenue was seen across all its operating segments. The Interior segment, which engaged in fixture roll-out and shop fit-out for retailers, registered a 6.6 percent gain to $55.4 million on the back of stable income from key customers and brand names. The Exhibitions & Museums segment, the other main contributor, saw its revenue shot up 54.8 percent to $52.5 million following successful delivery of projects at various events such as Asia Pacific Maritime 2012, Singapore Airshow 2012 and Yeosu World Expo.

Opportunities In China Thematic Industry
Commenting on the exceptional performance of the Exhibitions & Museums segment, Soh noted that existing works such as those at Gardens by the Bay and Hong Kong Disneyland are progressing well and that new parcels of works at Universal Studio Singapore have commenced. “Looking ahead, there are opportunities in the thematic industry in China,” pointed out Soh. “We look forward in partnering a major theme park player in Zhuhai City, Guangdong Province. Furthermore, our works for Disney in Hong Kong have placed us in good position to involve in Shanghai Disneyland.”

Research house DMG & Partners echoed the positives with a ‘Buy’ rating and target price of $0.83. The house highlighted the considerable growth in Kingsmen’s order book from $197 million to $238 million, of which all is expected to be recorded in this year. Furthermore, the house noted that the company’s operations have always generated positive net cash flows and has consistently distributed stable dividends.

Given its strong fundamentals and sound financial position, Kingsmen would be a safe bet for investors to reap benefits from the Asian consumerism story.
UNQUOTE

Registered but still can't access the full article using my mobile phone. Pretty frustrating.

Wonder if you could post the article, please?

[Musicwhiz]

Thanks very much, RBM!

[Some-one]

Registered but still can't access the full article using my mobile phone. Pretty frustrating.

Wonder if you could post the article, please?

Oh, sharesinv website is not really very good in its mobile platform. Didn't know that you are reading from mobile. You can access it from your computer free of charge without registering. Anyway, RBM has posted the article.

[Musicwhiz]

Kingsmen has just notified that it will release its 3Q 2012 results on November 5, 2012 (Monday) after market close.

[Musicwhiz]

More opportunities for Kingsmen's theme park division moving forward, in China.

First 'Angry Birds' theme park announced for Asia
Posted: 31 October 2012 1825 hrs

Link: http://www.channelnewsasia.com/stories/a...40/1/.html

SHANGHAI: The company behind "Angry Birds" said on Wednesday it would open its first theme park in Asia next year at a site near Shanghai as it builds on the brand of the hugely popular game.

"Angry Birds Land" will be located in Haining city in China's Zhejiang province, next to the commercial hub of Shanghai, and will be the firm's third theme park after one in Finland and another in Britain.

"People in China want to get out and spend their free time at a leisure destination," Rovio Entertainment's general manager for China, Paul Chen, told AFP.

"We're hoping to open (the theme park) by Chinese New Year next year, February," he added as the Finnish company launched a playground on the campus of Shanghai's Tongji University.

The first China theme park, featuring an interactive playground and rides, would welcome up to 400 visitors a day paying admission of 60 yuan ($9.50).

China has the world's second-highest number of downloads for Angry Birds at 190 million, trailing only the United States.

The mobile game involves using slingshots to launch birds at fortresses built by green pigs - an addictive challenge that became the world's most-downloaded app and spawned a franchise of merchandise and media tie-ins.

- AFP/de

[dydx]

As a clear sign that the group's geographically diversified business operation is still growing, at this moment Kingsmen is still hiring people in 11 out of a total 18 Asian locations in 13 countries......
http://www.kingsmen-int.com/careers/#

To have a feel of the pulse and scale of Kingsmen's diversified work and customer portfolios, it pays to review their 2 latest kingsmenWATCH12 publications.....
http://www.kingsmen-int.com/wp-content/u...012Low.pdf [exhibitions • events • museums]
http://www.kingsmen-int.com/wp-content/u...s-2012.pdf [retail • office interiors]