Noel Gifts International

[wsreader]

The contract from NPTD, Prime Minister's Office will add up to about $7.47m to its revenue during calendar year 2015. Using an estimate of 4.7% margin for its gift segment and total share of 102,476,024, I estimate this contract will addd earnings of about 0.34 cents per share over the calendar year 2015, which is a respectable 7% of FY2013's eps.

Since NGI's FY is ending 30 June, and the 1st half of the FY is seasonally weaker, if assuming constant revenue recognition, the boost to profit will be especially noticeable for 1H FY2016 (ie the 6 months ending 31 Dec 2015).


(not vested due to liquidity concerns)

[psolhawk]

I love illiquid stocks though. I have experienced the demand-driven surge in price of such stocks. The more illiquid it is, the slower I accumulate large amounts of the shares, however it grants me greater pricing ability when I sell it.

[Dividend Hermit]

One of my favorite companies. Yes, the stock is quite illiquid as most shareholders are holding for long term. Very hard to get substantial amount.

(Vested. Looking to accumulate more)

[dydx]

Wow! What a big gift contract from National Population & Talent Division, Prime Minister’s Office (NPTD)..
http://infopub.sgx.com/FileOpen/GeBIZ_Pa...eID=303460

I could never have imagined that PMO would buy so much gifts.

[kelvesy]

Could it be the Julibee Baby bonus?

[brattzz]

Could it be the Julibee Baby bonus?

Very good guess! 7 milos spent!

[pianist]

I wonder who would be the recipients of this 7m+ gift from our beloved prime minister office?

our govt is very very rich

[chialc88]

our govt is very very rich

so are we, pianist.
we are very fortunate to be a Singaporean.

blessed those who benefited from the gift.
(hopefully me! why not?)

Love Compassion

<vested because Alfred is a man with big heart>



Earth day - save the world everyday.

[dydx]

More info on the special Jubilee Baby Gift for babies born in 2015 to celebrate Singapore's Golden Jubilee - the 50th anniversary of the country’s independence….
http://www.singapolitics.sg/news/gift-ba...en-jubilee

Noel Gifts International as probably the largest and the best gifts company in Singapore just got extra lucky this time!

[brattzz]

more info.
http://www.channelnewsasia.com/news/sing...13780.html

Eight items in the Jubilee Baby Gift:
1) A special medallion
2) multi-functional shawl
3) baby sling
4) set of baby clothes
5) diaper bag
6) scrapbook
7) photo frame
8) baby book.

Anyone able to guess the total price of this package?
considering number of newborns babies to remain stable at 40K babies per year.
S$175 per package per baby? depending on the quality of these 8 products!