KOON HOLDINGS

Koon --best news in a long time. Is 20% partner in JV that won S$1.1 billion contract for Changi airport's new facilities including the extension of Runway 3 and Terminal 5

Barring unforeseen circumstances, the New Project is expected to contribute positively to the Group’s financial
performance for the financial year ending 31 December 2014.



infopub.sgx.com/FileOpen/2014Nov_New%20J...cement&FileID=321673

Ya. It had been kooning for a long time. ZZZZzzzz... haha perhaps it should change it name from Koon to Awake.

Now already Nov2014, how the changiairport project can contribute positively to the Group’s financial
performance for the financial year ending 31 December 2014???
KoonKing

chinsoonyuen wrote: Now already Nov2014, how the changiairport project can contribute positively to the Group’s financial
performance for the financial year ending 31 December 2014???
KoonKing

It financial year ending 31 December 2014 should be report around Feb 2015. As Aug 2014 it only announce the half yearly result. Don't know how koonKing calculate it result period.

Revenue of Construction division increased by 85.0% in 2015 to S$172.7 million in FY2015. This was mainly due to revenue recognition from (a) the Group’s 50% share of revenue under POC-K JV for the land preparation works for airport development, (b) subcontract works including equipment rental income for the land preparation works
for airport development.....




KOON S$8.0 MILLION net profit in 2015 versus S$5.8 M in 2014.

PE now only 3.3 X, very attractive thanks to a declining share price. Around 10 cents only.
0.5 cent dividend ==> 5% yield.
Anyone looking at this?