GKE Corporation

More
30 Jun 2021 13:35 #25796 by josephyeo
Replied by josephyeo on topic GKE Corporation
" We are pleased to update our stakeholders that GKE was ranked among the
top 100 fastest growing companies in Singapore 2020, in a list compiled by
The Straits Times and Germany-based global research firm Statista. The ranking
is based on the firms compound annual growth rate from 2015 to 2018."

Above is taken from company' s annual report. For info only.

Please Log in or Create an account to join the conversation.

More
30 Jun 2021 19:26 #25797 by josephyeo
Replied by josephyeo on topic GKE Corporation
The divestment of loss making van der horst was a good move.
They take back $9 mil, free management time and improve profitability.

Please Log in or Create an account to join the conversation.

More
30 Jun 2021 19:27 #25798 by josephyeo
Replied by josephyeo on topic GKE Corporation
The lease renewal at 30 Pioneer Road is expected to reap GKE a
rent savings of $2.5 mil from fy2022 onwards.

Above is according to 1 analyst report. For info only. Dyodd.

Please Log in or Create an account to join the conversation.

More
04 Jul 2021 17:27 #25804 by josephyeo
Replied by josephyeo on topic GKE Corporation
Why I am vested:

1. Clear turnaround company.

Fy'19 - loss $2.1 mil
Fy'20 - profit $4.7 mil
Fy'21 (half year) - profit $6.5 mil
Half year profit was 38.8% higher than Fy'20.

2. Ready Mixed Concrete sector - positive management comment

Operation at optimal level and increasing capacity by 50% from 800000m3 to 1200000m3. on the back of China economic recovery.

3. Warehouse sector - positive comment:

The higher demand against limited warehouse space resulted in optimal utilisation and better rental rate.

4.Rent saving - Lease renewal at 30 Pioneer Rd.

A saving of $2.5 mil expected.

5. Divestment of van der Horst

Improve cash flow, safe management time n improve profitability by the reduction of losses.

Above are for sharing only. I am vested n could be bias. Do your own due diligence.

Please Log in or Create an account to join the conversation.

More
07 Jul 2021 17:23 #25808 by josephyeo
Replied by josephyeo on topic GKE Corporation
Good close today at 14.5 cents on volume of 38.9 mil.

Please Log in or Create an account to join the conversation.

More
08 Jul 2021 14:16 - 09 Jul 2021 10:47 #25810 by josephyeo
Replied by josephyeo on topic GKE Corporation
www.businesstimes.com.sg/stocks/brokers-...-corp-to-s021Brokers' take:

CGS-CIMB raises target price of GKE Corp to S$0.21 ... see above link
Last edit: 09 Jul 2021 10:47 by josephyeo.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings4.180-0.070
Avarga0.285-0.010
Avi-Tech Electronics0.395-
BH Global0.260-
China Sunsine0.490-0.010
Food Empire0.760-0.010
Fortress Minerals0.365-0.025
Golden Energy0.290-0.015
GSS Energy0.073-0.004
InnoTek0.810-0.015
ISDN Holdings0.645-0.030
ISOTeam0.115-0.003
IX Biopharma0.225-
KSH Holdings0.350-
Leader Env0.079-
Medtecs Intl0.370-0.055
Moya Asia0.065-0.001
Nordic Group0.355-
Oxley Holdings0.200-0.010
Procurri0.305-
REX International0.189-0.010
Riverstone1.000-0.130
Roxy-Pacific0.4700.065
Southern Alliance Mining0.960-0.030
Sri Trang Agro1.340-0.050
Straco Corp.0.4750.005
Sunpower Group0.625-0.010
The Trendlines0.100-0.002
UG Healthcare0.345-0.060
Uni-Asia Group1.050-0.050
Wilmar Intl4.080-0.030
Yangzijiang Shipbldg1.440-0.040
Yinda Infocomm0.215-0.005

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1059 guests and no members online