Sunningdale Technology

[dydx]

with a strong chief of beyond proven track record like koh boon hwee at the helm, i believe its financials will get stronger with time.

It is the people in Sunningdale running and working on the business who bring in the revenue and profits; and I am 100% sure KBH is not one of them!

[yewkim]

with a strong chief of beyond proven track record like koh boon hwee at the helm, i believe its financials will get stronger with time.

It is the people in Sunningdale running and working on the business who bring in the revenue and profits; and I am 100% sure KBH is not one of them!

He offer his words only. His words alone can move mountain. hehehehe.

[ianphoon]

thats true. he's a man of great ability and integrity.i heard that was one of the reasons why he left sia years ago because he was "requested" by above to reduce costs n increase profits but because he felt that it was not possible, he left. his old classmate told this to.me. not sure how true.

[heifien91]

well he may be strong but that's unproven. to me current price reflects more on future expectations. as long as he is unable to deliver such expectations, price would just fall.

[desmondxyz]

Trading Halt.....what could it be? Placement?

[wahkao]

Trading Halt.....what could it be? Placement?

anyone knows????????????

[desmondxyz]

hosei liao....Popiah king!

http://infopub.sgx.com/FileOpen/PrivateP...eID=302049

[CY09]

Which explains why prices went up recently. However I am curious. The company has 40m cash, raising more funds and have positive cash flow business. What are they planning to do.

Maybe they can acquire Fischer at a premium haha

[greengiraffe]

Delisted First Engineering made a comeback

http://www.businesstimes.com.sg/premium/...s-20140904

PUBLISHED SEPTEMBER 04, 2014
Sunningdale to acquire Anchorage Singapore Holdings
Target group has enterprise value of US$80m
BYCLAIRE HUANG
huangjy@sph.com.sg @ClaireHuangBT

MAINBOARD-listed Sunningdale Tech Ltd has unveiled plans to fully acquire privately held Anchorage Singapore Holdings (ASH) for an enterprise value of US$80 million.
The buyout will create one of the largest precision plastics engineering companies with combined revenue of S$636 million, and manufacturing operations and sales offices spanning nine countries.
ASH is the ultimate holding company of First Engineering Limited (FEL), a manufacturer of precision plastic moulds and engineering components for the automotive, consumer information technology and healthcare (medical device) business segments.
Based in Singapore, FEL serves a blue-chip customer base from its manufacturing and sales locations across five countries, including China, Malaysia and India.

[(cy)]

has anyone looked at this company recently? seems rather illiquid esp. after the share consolidation.

trading at really low valuations, PE of 5.5, PB of 0.5, EV/EBITDA of 4.9 with strong positive operating cash flows yearly and nice dividend payout record consistently over the last six years (gradual increase with improved financial performance).

with most of the manufacturers that have operational bases in Malaysia benefiting from the strong USD/MYR - thought this is one of the many laggards worth a look. post acquisition of First Engineering, they have incurred several one-off consolidation charges over the last two quarters and given that second half is stronger seasonally, they should report decent results this coming week.