Shares & Derivatives
Boustead FY 2008 Results Audiocast Transcript Part 1
By Musicwhiz  •  May 31, 2008
By: musicwhiz boustead.bmpBoustead released their FY 2008 financials yesterday May 28, 2008. To celebrate their 180th Anniversary, the Company had launched an audiocast for their latest financial results, which saw the company achieving their 6th consecutive year of record revenues and profits. Net profit attributable to shareholders rose 46% to S$51.5 million, and the company declared a final dividend of 5 cents per share and a special dividend of 2 cents per share. I shall be reviewing and posting my views on Boustead's results in a later post; instead now I present Part 1 of the transcript of Boustead's audiocast. Note that this is typed out entirely based on my listening to the audiocast, and some parts are re-phrased accordingly to capture the essence of what was said. I think FF Wong and KK Loh tackled many questions on the future of the company and the direction it's going to take in 3 to 5 years time. Also note that I have NOT typed out the section for Mr. Keith Chu presenting the Powerpoint Slides as I think that is largely self-explanatory in the given attachment on SGXNet and does not add much value. There are almost 6 full pages of text which I had typed out based on the audiocast; Part 1 will present about 3 pages and Part 2 will showcase the rest of it. Read more...
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By Musicwhiz
Musicwhiz who is in his 30s is educated in accounting and works in the investment line (but not in a bank, financial institution, brokerage or fund house). He has a have a full-time job and investing is his side-line as well as passion. Musicwhiz is a value investor and his technique is derived from the teachings of Warren Buffett, Benjamin Graham and Phil Fisher. He incorporate all aspects of their investing style, and modify his value investing style to the Singapore market.
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