Stock #2 - First Sponsor Group
First Sponsor group was listed on the Mainboard of Singapore Exchange Securities Trading Limited on 22 July 2014.
It has 3 operating segments namely property development, property holding and property financing. It is backed by 2 strong shareholders Hong Leong Group and Tai Tak Holdings.
As of its annual report, First Sponsor’s revenue decreased by 36% to $203.9 million. Its net profit decreased by 38% to $101.1 million.
Free cash flow came in at a positive $164 million. As a result, cash balance of the company increased to $476 million.
Between March 5 and 8, First Sponsor Group non-executive chairman Calvin Ho Han Leong acquired 533,000 shares of the company for a consideration of S$752,883.
At an average price of S$1.41 per share, this increased his total interest in the property development, property holding and property financing company from 46.14 per cent to 46.20 per cent.
This followed Mr Ho's acquisition of 496,900 shares at S$1.39 per share between Feb 6 and March 1.
Appointed as the non-executive chairman of the company in April 2015, Mr Ho had served as the non-executive vice-chairman of the company since October 2007.
First Sponsor last closed at $1.40 which values it at a P/B of 0.7x and a dividend yield of 2.3%.
Stock #3 - Frencken Group
Frencken provide comprehensive Original Design, Original Equipment and Diversified Integrated Manufacturing solutions.
It has presence all across the world and boasts world-class MNCs in the automotive, analytical & life sciences and semiconductor industries as its customers.
As its latest annual report, Frencken’s revenue decreased by 5.8% to $620.6 million. Its net profit however increased slightly by 1.1% to $43.06 million. Cash flow from operating activities came in at $55.9 million. Cash balance of the company increased to $151.1 million.
On March 8, Frencken Group chairman and non-executive non-independent director Gooi Soon Chai acquired 100,000 shares of the company for a consideration of S$120,000.
This increased his total interest in the global integrated technology solutions business from 23.32 per cent to 23.34 per cent.
Frencken last closed at $1.63 which values it at a P/E of 15x and a dividend yield of 1.9%.