Shares & Derivatives
Straco full year results: Good Singapore Flyer performance, falling China Visitors
By Investment Moats  •  February 27, 2016
The last update for Straco was the impending revision to the ticket prices for their aquariums. That would have provided a good growth for their cash flow. This week the full year results was announced. Current Share Price: SG$0.80 Outstanding number of shares: 855 mil Market Cap: SG$684 mil Dividend per share: SG$0.025 (3.1% Dividend Yield) Full year revenue rose from 93 mil to 127 mil on the back of significant contribution from the Singapore Flyer. Full year net profit rose from SG$39 mil to SG$51.8 mil. This gives an earnings yield of 7.6% (note this is total net profit but shareholders’ profit is lesser at SG$49 mil) In terms of free cash flow, Straco generated SG$59.85 mil in 2015. Based on current market cap, the free cash flow yield is 8.75%. As a full year earnings profile Straco ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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