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Latest Forum Topics / Beng Kuang    Last:0.485    -0.005  Post Reply
New CEO and Placement, Positive Things Brewing?
tofudidi
Supreme
17-May-2023 08:07     
 
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 Alert Admin 		Barring unforeseen circumstances, the new marine & offshore pedestal crane contracts are expected to be completed and delivered to the customers in the second half of 2023. As such, the new contracts are expected to have a positive impact on the earnings per share and net asset value per share of the Group for the financial year ending 31 December 2023.


This will be the reason for the push. Last year acesian also came out such news. Today Beng beng and ASL will have a race to 100!

tedlim      ( Date: 16-May-2023 19:56) Posted:

1. Beng Kuang Secures New Marine & Offshore Pedestal Crane Contracts with an Aggregate Value of Approximately US$2.75 Million:  https://www.bkmgroup.com.sg/view& id=1196
> Marine & offshore pedestal cranes are used to facilitate heavy lifting, moving tons of material, equipment and cargo to or from marine vessels, barges and structures
> The new marine & offshore pedestal crane contracts are secured under the Group&rsquo s Infrastructure Engineering division, which has registered increased orders for such pedestal cranes in FY2022
> Opportunities for the Group to expand its revenue stream from the maintenance and repairs work of such pedestal cranes
> Barring unforeseen circumstances, the new marine & offshore pedestal crane contracts are expected to be completed and delivered to the customers in the second half of 2023. As such, the new contracts are expected to have a positive impact on the earnings per share and net asset value per share of the Group for the financial year ending 31 December 2023

2. 1Q2023 Updates:  https://www.bkmgroup.com.sg/view& id=1195
> In total, the Group has an order book of approximately S$24 million at 31 March 2023
> The Group&rsquo s FPSO and FSO service and maintenance business under ASOM remained a key performer and continued its strong momentum, registering revenue growth of 31.63%
> Revenue from our CP division, which was largely recurring in nature, increased by 14.0% as the demand for CP services for Singapore and Batam shipyards continued to regain momentum
> Overall revenue dipped marginally due to mainly due to the cessation of IE operations at 55 Shipyard Road as well as lower contribution from deck equipment supplies under International Offshore Equipments Pte Ltd
> Gross profit jumped 26.4% to S$3.18 million with improvement in our cost management and productivity initiatives
> Excluding currency translation losses of S$0.29 million, the Group would have registered a profit of S$0.22 million from continuing operations
> Achieved positive adjusted EBITDA of S$1.21 million, where there were lower depreciation expenses recognised in 1Q2023
> Secured agreement to sell approximately one-third of our Batam waterfront property for S$8.64 million
> Secured tenancy agreements to lease out partial of our Batam waterfront property, where the leasing income will contribute positively to the Group in FY2023
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MBULLISH
Elite
16-May-2023 23:29     
 
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 Alert Admin 		This is real sore loser
i pointing out bk having contract and you still want mention about year
Ago Aspen.
don' t tell me you have lots of grievances over aspen or medtec? LOL

Damnshiok      ( Date: 16-May-2023 23:03) Posted:

So? How' s your Medtec doing? Luckily not as bad as the Aspen which you used to promote years ago...

MBULLISH      ( Date: 16-May-2023 21:18) Posted:

Walao
I have never seen beng Kuang announce a contract over the years

26 April
3 weeks later 16 May

One contract popped out
Sure BOH ?
Like an echo sudden bounce back got contract. Lo
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superstartup
Supreme
16-May-2023 23:26     
 
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Yells: "Enjoy doing Fundamental Research"
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 Alert Admin 		New contract very small la, compared to half yearly revenue of $30m leh. Also order book of only $24m as at 31 mar. Trade w care.
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MBULLISH
Elite
16-May-2023 23:23     
 
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 Alert Admin 		Release sperm ah ? 
talk is cheap 
show here you have 2 mil I will believe whole heartedly 
no good still keep 2 mil? 
buaya la
 

Damnshiok      ( Date: 16-May-2023 23:11) Posted:

Seriously, don' t always try to create fake news.. this time you lucky and company really release a news.. next time you wont be so lucky.. anyway I am still holding 2m+, the news is good news, but got a feeling it won' t go up because many will take chance to dump.... if hit 89/9, I will release 

MBULLISH      ( Date: 16-May-2023 21:18) Posted:

Walao
I have never seen beng Kuang announce a contract over the years

26 April
3 weeks later 16 May

One contract popped out
Sure BOH ?
Like an echo sudden bounce back got contract. Lo
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Damnshiok
Master
16-May-2023 23:11     
 
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 Alert Admin 		Seriously, don' t always try to create fake news.. this time you lucky and company really release a news.. next time you wont be so lucky.. anyway I am still holding 2m+, the news is good news, but got a feeling it won' t go up because many will take chance to dump.... if hit 89/9, I will release 

MBULLISH      ( Date: 16-May-2023 21:18) Posted:

Walao
I have never seen beng Kuang announce a contract over the years

26 April
3 weeks later 16 May

One contract popped out
Sure BOH ?
Like an echo sudden bounce back got contract. Lol

Damnshiok      ( Date: 26-Apr-2023 17:12) Posted:

Want to create false hope also do some homework and be more realistic lah 

I have never seen BK announce a contract over the years 
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Damnshiok
Master
16-May-2023 23:03     
 
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 Alert Admin 		So? How' s your Medtec doing? Luckily not as bad as the Aspen which you used to promote years ago...

MBULLISH      ( Date: 16-May-2023 21:18) Posted:

Walao
I have never seen beng Kuang announce a contract over the years

26 April
3 weeks later 16 May

One contract popped out
Sure BOH ?
Like an echo sudden bounce back got contract. Lol

Damnshiok      ( Date: 26-Apr-2023 17:12) Posted:

Want to create false hope also do some homework and be more realistic lah 

I have never seen BK announce a contract over the years 
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eric998
Supreme
16-May-2023 21:43     
 
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 Alert Admin 		Collecting when people sell, hope BBs can do a big flush for us to collect low.
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MBULLISH
Elite
16-May-2023 21:18     
 
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 Alert Admin 		Walao
I have never seen beng Kuang announce a contract over the years

26 April
3 weeks later 16 May

One contract popped out
Sure BOH ?
Like an echo sudden bounce back got contract. Lol

Damnshiok      ( Date: 26-Apr-2023 17:12) Posted:

Want to create false hope also do some homework and be more realistic lah 

I have never seen BK announce a contract over the years 

MBULLISH      ( Date: 26-Apr-2023 14:58) Posted:

Wow
So fast short covering?
If one contract news will bring it to 120
May all Huat big big by holding


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tedlim
Veteran
16-May-2023 19:56     
 
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 Alert Admin 		1. Beng Kuang Secures New Marine & Offshore Pedestal Crane Contracts with an Aggregate Value of Approximately US$2.75 Million:  https://www.bkmgroup.com.sg/view& id=1196
> Marine & offshore pedestal cranes are used to facilitate heavy lifting, moving tons of material, equipment and cargo to or from marine vessels, barges and structures
> The new marine & offshore pedestal crane contracts are secured under the Group&rsquo s Infrastructure Engineering division, which has registered increased orders for such pedestal cranes in FY2022
> Opportunities for the Group to expand its revenue stream from the maintenance and repairs work of such pedestal cranes
> Barring unforeseen circumstances, the new marine & offshore pedestal crane contracts are expected to be completed and delivered to the customers in the second half of 2023. As such, the new contracts are expected to have a positive impact on the earnings per share and net asset value per share of the Group for the financial year ending 31 December 2023

2. 1Q2023 Updates:  https://www.bkmgroup.com.sg/view& id=1195
> In total, the Group has an order book of approximately S$24 million at 31 March 2023
> The Group&rsquo s FPSO and FSO service and maintenance business under ASOM remained a key performer and continued its strong momentum, registering revenue growth of 31.63%
> Revenue from our CP division, which was largely recurring in nature, increased by 14.0% as the demand for CP services for Singapore and Batam shipyards continued to regain momentum
> Overall revenue dipped marginally due to mainly due to the cessation of IE operations at 55 Shipyard Road as well as lower contribution from deck equipment supplies under International Offshore Equipments Pte Ltd
> Gross profit jumped 26.4% to S$3.18 million with improvement in our cost management and productivity initiatives
> Excluding currency translation losses of S$0.29 million, the Group would have registered a profit of S$0.22 million from continuing operations
> Achieved positive adjusted EBITDA of S$1.21 million, where there were lower depreciation expenses recognised in 1Q2023
> Secured agreement to sell approximately one-third of our Batam waterfront property for S$8.64 million
> Secured tenancy agreements to lease out partial of our Batam waterfront property, where the leasing income will contribute positively to the Group in FY2023
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tofudidi
Supreme
16-May-2023 18:05     
 
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 Alert Admin 		Beng Kuang Secures New Marine & Offshore Pedestal Crane Contracts with an Aggregate Value of Approximately US$2.75 Million


tomorrow gap up above 90. 
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For_The_Next_Leg
Master
16-May-2023 14:03     
 
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 Alert Admin 		$Beng Kuang(BEZ.SI) transocean inc is a major customer of Asian Sealand Offshore and Marine pte ltd, which is a subsidiary of Beng Kuang.
 
https://www.upstreamonline.com/rigs-and-vessels/rig-owner-starts-the-year-with-almost-500-million-order-book-boost/2-1-1383468?zephr_sso_ott=SsuKdd
 
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TraderBen
Supreme
11-May-2023 16:07     
 
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 Alert Admin 		LOL.. dam i got it at 95 ytd.. tot i got a steal.. cutting loss at 90.. break 90 gone case..

Grubber      ( Date: 11-May-2023 15:53) Posted:

ya seller heard you

Sibehboeng      ( Date: 11-May-2023 14:19) Posted:

Seems like someone heard your call..
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Grubber
Elite
11-May-2023 15:53     
 
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 Alert Admin 		ya seller heard you

Sibehboeng      ( Date: 11-May-2023 14:19) Posted:

Seems like someone heard your call...

MBULLISH      ( Date: 11-May-2023 13:33) Posted:

Alamak BBs where are you?
Cup and handle formed
Handle still don?t breakout?
Quick quick :)


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Sibehboeng
Master
11-May-2023 14:19     
 
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 Alert Admin 		Seems like someone heard your call...

MBULLISH      ( Date: 11-May-2023 13:33) Posted:

Alamak BBs where are you?
Cup and handle formed
Handle still don?t breakout?
Quick quick :)

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MBULLISH
Elite
11-May-2023 14:11     
 
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 Alert Admin 		It?s about time
Cup and handle breakout
See if this time can breakout convincingly
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MBULLISH
Elite
11-May-2023 13:33     
 
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 Alert Admin 		Alamak BBs where are you?
Cup and handle formed
Handle still don?t breakout?
Quick quick :)
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MBULLISH
Elite
04-May-2023 09:49     
 
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 Alert Admin 		Going break 105 with good volume this time
Flushed most of contras dead already
Clever BBs
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MBULLISH
Elite
04-May-2023 09:48     
 
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 Alert Admin 		Simi daiji ?
So happening ?
Lol
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Damnshiok
Master
03-May-2023 15:59     
 
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 Alert Admin 		What happened here?

MBULLISH      ( Date: 28-Apr-2023 13:04) Posted:

Breaking new high soon 105
See BBs in the mood 
labor day Huat Huat 

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MBULLISH
Elite
28-Apr-2023 13:04     
 
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 Alert Admin 		Breaking new high soon 105
See BBs in the mood 
labor day Huat Huat 
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