Last Friday, 9th March 2018, the share price of Boustead plunged to S$0.76. The Company took opportunity and purchased 2,220,400 shares by way of market acquisition as part of its share buy-back programme. Today, the Company …
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Tag: Boustead
Stock news, analysis and financial results related to Boustead. My stock analysis will provide the current dividend yield based on historical payout and current stock price.
Boustead Building Up Net Cash Position to Ride through the Storm
A year ago, I mentioned in my post that Boustead has a net cash position of S$165.6 million. At the end of 1Q FY2018, Boustead has a net cash position of S$212.2 million. This was …
Continue readingSixty One Percent Invested, Thirty Nine Percent Cash
The below quote was taken from Boustead’s chairman message in their annual report 2016. It got me into deep thoughts whether I am using my cash in the right way to invest. “Investing for long periods in …
Continue readingBoustead Creating a World of Difference
You know you are investing in the right company if they have excellent management. A company with excellent management is able to weather the storm. This has to be Boustead, my favorite company in my …
Continue readingBoustead Revenue and Net Profit fell for 3Q FY2016
On 12th February, my favourite company, Boustead Singapore Limited announced its 3Q FY2016 financial results. The revenue of S$142.3 million for 3Q FY2016 was 20% lower than 3Q FY2015. Net profit of S$7.5 million was …
Continue readingThree Main Classification of Oil and Gas Companies
As mentioned previously in my post (PT Enso Asia beaten Boustead to win Indonesia Energy Asset), Boustead tries to acquire an Indonesia Energy Asset. One reason for acquisition is to shift into upstream ownership, production …
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