Shares & Derivatives
Can Kingsmen Creatives Still Hold the Fort?
By My Sweet Retirement  •  April 16, 2017
Recently, I have noticed Kingsmen Creatives share price starts to shaken, fluctuating from $0.63 to $0.595. Below are some of the notes I have taken from reading the FY2016 annual report. Based on the financials, we can see why investors are selling or avoiding Kingsmen Creatives at this moment. There are more negative news than positive news. I have also color coded the points I think are negative in red and positive in green.
  • Kingsmen Creatives achieved a revenue of $329.7 million in 2016 as compared to $327.9 million in 2015. Net profit decreased by 9.7%.
  • Earnings per share fell by 38% from 9.71 cents in FY2015 to 6.02 cents in FY2016.
  • Annual dividends fell from 3 cents in FY2015 to 2.5 cents in FY2016. Current dividend yield is 4.2% if we based on the closing price of $0.595.
  • Kingsmen ...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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