Sysma Holdings (SGX:5UO)

[Young Buffett]

Sysma Holding is construction home builder with a low P/E of 3.33 and trading below working capital of 0.16 SGD . In addition, the CEO of the company recently made large purchases of the company's stock.

With Cash on hand of 32 Milllion SGD and total Debt of 35 Million SGD. The risk of bankruptcy is minimal.

The best prospect about Sysma holding is the fact that the company grew its Revenue from 35 Million SGD in 2012 to 126 Million SGD in 2016.

Not only do we get value, we also get growth. The current Market Cap of Sysma holding is only 31 Million SGD with an enterprise value of about 34 Million SGD.
The company just recorded a half year Net earnings of 4.5 Million SGD.

Check out this link below for a brief report on this company.

http://homerunstock.com/sysma-holding-inc

You can buy this company now for only 0.12 SGD Per share!


Young Buffett

2017-07-08

[GreedandFear]

Sysma is a construction company that specialises in the construction of Good Class Bungalows. It is one of the top players in this market. Another major player is Daya Construction. Clearly, the market for building new GBHs is not doing too well and hence I would not expect a meaningful increase in profitability until the market rebounds. I am not arguing for or against your proposition that the stock is cheap. Just pointing out that the macro environment for Sysma is not great.

NOT VESTED

[cyclone]

Sysma Holdings Limited Secures S$37.7 Million Contract

Sysma Holdings Limited announced that its wholly-owned subsidiary, Sysma Construction Pte. Ltd., has secured a contract with Oxley Amber Pte. Ltd., worth S$37.7 million for the erection of 4 blocks of 5-storey residential flats and 3 numbers of 2-storey strata landed houses (comprising a total of 170 units) with basement carpark, clubhouse, swimming pool and communal facilities on lot(s) 03389X and 05153A, MK3 at 231 Pasir Panjang Road, Singapore.

The Contract shall commence in July 2018 for a period of twenty-eight (28) months and is not expected to have any material impact on the earnings per share or the net tangible assets per share of the Group for the financial year ending 31 July 2018.

[Debronic]

There is a small error with the name of the company. It's called Sysma Holdings Ltd not Sysma Holding Inc. For a moment, I thought it's a similarly sounding US listed company.

[cyclone]

There is a small error with the name of the company. It's called Sysma Holdings Ltd not Sysma Holding Inc. For a moment, I thought it's a similarly sounding US listed company.

Hi Debronic, thanks.
They have been corrected.

[cyclone]

Wow, whose bungalow is it ?

Sysma Holdings Limited Secures S$20 Million Contract to Erect a 2-Storey Bungalow at Nassim Road

Sysma Holdings Limited announcef that its wholly-owned subsidiary, Sysma Construction Pte. Ltd., has secured a contract with an established private owner, worth S$20 million for the erection of a 2-storey bungalow with attic and swimming pool on Lot 1338W, TS25 at 54 Nassim Road, Singapore.

The Contract shall commence from the date of approval from the relevant authority, which is expected in April 2019, for a period of sixteen (16) months and is not expected to have any material impact on the earnings per share or the net tangible assets per share of the Group for the financial year ending 31July 2019.

[cyclone]

Proposed Acquisition of KH Engineering Limited and Its Subsidiaries and KH Instrumentation Pte. Ltd.

Sysma Holdings Limited announced that Sysma Jade Pte. Ltd. ("Purchaser"), a direct wholly-owned subsidiary of the Company has on the date of this announcement entered into:
(a) three (3) separate share purchase agreements with each of Yap Chin Leong, Chan Kwan Choy and Tan Kim Kee (“KHEL Sellers”) in relation to the proposed acquisition of the entire issued and paid up share capital of KH Engineering Limited (“KHEL”); and
(b) four (4) separate share purchase agreements with each of the KHEL Sellers and Syed Ibrahim Shaik Dawood (each a “Seller” and collectively, the “Sellers”) in relation to the proposed acquisition of the entire issued and paid up share capital of KH Instrumentation Pte. Ltd. (“KHIPL”)
(each a “SPA” and collectively, the “SPAs”).

The aggregate consideration payable by the Company to the Sellers for the Proposed Acquisition is S$30,400,000 (the “Total Consideration”). The Total Consideration was based on arm’s length negotiations and was arrived at after taking into account, inter alia, significant cash reserves of the Target Group, the operating and historical profits track record of the Target Group, profitability mainly from existing outstanding orders secured together with the business prospects and challenges within the construction industry.

The Total Consideration comprises:
(i) S$26,400,000 as the consideration for the Proposed KHEL Acquisition of KHEL; and
(ii) S$4,000,000 as the consideration for the Proposed KHIPL Acquisition.

More details in https://links.sgx.com/FileOpen/SHL_SPA_2...eID=589070

[dreamybear]

another privatisation, for this offer it's "90% or nothing" type, conditional upon at least 90% and compulsory acquisition.

--------------------

Voluntary conditional cash offer for Sysma to close on Jul 20
https://www.businesstimes.com.sg/compani...ose-jul-20
"....The offer, conditional on the offeror GTV Capital having garnered at least 90 per cent of Sysma’s total shares, is aimed at privatising the Catalist-listed builder of high-end landed homes, regulatory filings to the bourse on Thursday (Jun 22) showed.

The offeror will compulsorily acquire the shares of those who do not accept the offer if it manages to snag no fewer than 90 per cent of shares....."