"With an unbilled order book of RM200 million as at end-December 2016 and with continuous effort to replenish existing order book, the group is expected to achieve satisfactory performance from its project division, which has been the strong pillar of growth for the group," Signature said in a filing with Bursa Malaysia today.
The gering ratio is reduced slightly with cash & bank balances now at RM 69,467,000 in latest quarter. Q1 Gearing ratio: 8.91% Q2 Gearing ratio: 7.84%
There is one item recorded in the current-liabilities section namely "Dividend Payable" with RM 4,696,000 value so we can still expect RM0.02 dividends.
4,696,000 / 240,304,950 total shares issue = Approximately RM 0.02 dividends per share
haha,, look at today selling pressure, sound like SIGN going to bankrupt soon but in fact company still earn money every quarter.. Not a losing money company..
Before QR released, Sign keep doing share buy back at the price from 0.91 - 0.95. This fact can be seen in bursa Malaysia official website - company announcement site. Any sifu can give comment about the share buy back? Today selling pressure so high, is it possible the company also sell off their share in open market? But today no announcement regarding they sold off their shares.
Signature has been invited to bid for kitchen work packages for the Battersea phase 3A development, which consists of 539 units of residential properties, which are targeted for completion in 2019. In a typical construction progress, kitchen jobs will usually start at the end of the construction cycle. As such, should the group successfully win the job bidding process, it will serve to enhance its performance for FY18 and FY19.
Banking on the group’s stringent quality control and design standard, as well as its close relationship with Sime Darby, we are very optimistic on the group’s chances of winning the project. Speaking to reporters after the group’s EGM in April 2016, group managing director Tan Kee Choong said “Our chances are very high, with the relationship we have and also the track record that we have with Sime Darby”.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hisehatu
2,250 posts
Posted by hisehatu > 2017-02-20 20:29 | Report Abuse
kahkahkahkah... ramai yang masuk perangkap hari ni. terjun longkang lor