Nordic Group

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#71
So far the price continues to move up after my partial divestment. Also, an unknown party has purchased 740k shares at 57 cents on 13 Nov 2017. This price prove to be strong support at the moment.
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#72
> So far the price continues to move up after my partial divestment. Also, an unknown party has purchased 740k shares at 57 cents on 13
> Nov 2017. This price prove to be strong support at the moment.

The execution is swift per what they posted in the results 3Q update. the land sales will free up cash for more deployment and possible acquisition or loan reduction.

chairman is an astute person who thinks few steps ahead imho.
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#73
Nordic Secured Approximately S$13.0 Million Worth of Contracts

Nordic Group Limited announced that its Scaffolding, Insulation, Precision Engineering, System Integration and Petrochemical & Environmental Engineering divisions have recently clinched several contracts with a total value of approximately S$13.0 million.

More details in http://infopub.sgx.com/FileOpen/Nordic%2...ncement%20$13.0%20million%20%20-%20%2017%20July%202018.ashx?App=Announcement&FileID=516653
Specuvestor: Asset - Business - Structure.
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#74
Financial Results for Six-Months Ended 30 June 2018

Highlights :
1. Group’s revenue grew by 11% to S$48.8 million in 1H2018, mainly driven by an increase of 20% in revenue from Maintenance Services business segment to S$18.1 million
2. Net Earnings strengthened by 19% to S$7.8 million in 1H2018
3. As at 30 June 2019, cash and cash equivalents stood at S$40.5 million 
4. Net asset value per share also strengthened from 19.5 Singapore cents as at 31 December 2017 to 20.6 Singapore cents as at 30 June 2018
5. Group’s outstanding order book stood at approximately S$96.3 million as at 30 June 2018, to ensure sustainable revenue streams till FY2021
6. Group to reward shareholders with a 19% increase in interim cash dividend of 0.779 Singapore cents per ordinary share for 1H2018, maintaining its dividend payout ratio of 40% of net earnings.

More details in :
1. http://infopub.sgx.com/FileOpen/NGL%20Re...eID=521076
2. http://infopub.sgx.com/FileOpen/NGL%202Q...eID=521077
Specuvestor: Asset - Business - Structure.
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#75
Group posts a 49% yoy increase in revenue to S$49.2 million for 1H2021, led by the recovery of both Project Services and Maintenance Services segments to pre-Covid level. Gross profit climbs 94% yoy to S$14.0 million for 1H2021, with gross profit margin expanding 6 ppts to 28% due to higher revenue attributable to the recovery of the Group's business activities. Bolstered by S$122.1 million worth of new contracts secured in 1H2021, the Group maintains an outstanding order book of S$135.3 million which is expected to generate sustained revenue streams up to FY2023. Group declares interim and special dividends of 0.780 and 0.200 Singapore cents per share respectively to reward shareholders, bringing the total dividend payout to 0.980 Singapore cents per share for 1H2021 or approximately 5.2x over 1H2020 dividend payout of 0.187 Singapore cents per share.

Most immortally, the management is confident of achieving sustainable growth for the Coy and delivering long-term value to the shareholders。

Attachment 1: NGL_1H2021_Press_Release.pdf
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