Kingsmen Creatives

[sgmystique]

Kingsmen dividend history:

$0.04 - FY 2011
$0.04 - FY 2012
$0.04 - FY 2013 
$0.04 - FY 2014

This then reduced to 

$0.03 - FY 2015
$0.025 - FY 2016
$0.025 - FY 2017 
$0.025 - FY 2018 

and then reduced further to 

$0.01 - FY2019 

before dividends stopped from FY 2020 to 2021 (due to Covid).

Thankfully they have been able to restart dividend payments @ $0.01 from FY 2022 & continued in FY 2023 (Though their bottom line took a hit).

I am hopeful like you and other long time KC holders that they will be able to go back to the glory of the old days 

[dreamybear]

Kingsmen dividend history:

$0.04 - FY 2011
$0.04 - FY 2012
$0.04 - FY 2013 
$0.04 - FY 2014

This then reduced to 

$0.03 - FY 2015
$0.025 - FY 2016
$0.025 - FY 2017 
$0.025 - FY 2018 

and then reduced further to 

$0.01 - FY2019 

before dividends stopped from FY 2020 to 2021 (due to Covid).

Thankfully they have been able to restart dividend payments @ $0.01 from FY 2022 & continued in FY 2023 (Though their bottom line took a hit).

I am hopeful like you and other long time KC holders that they will be able to go back to the glory of the old days 

Might be worth comparing the investment merits with Pico Far East.

AR2023 - 5 yr financial summary pg24
https://www.hkexnews.hk/listedco/listcon...900282.pdf

Dividend History
http://www.aastocks.com/en/stocks/analys...mbol=00752

[Mushy]

There will be an EGM on 15 May with 1 ordinary resolution as special business. This is to seek aproval for the disposal of the Malaysian property which was previously announced on 11 March.

So shareholders can get another opportunity to visit and talk to the guys again.

Btw, I got this info from this morning BusinessTimes.

[weijian]

A first SBB by Kingsmen Creatives in the last 9 years with ~30k spent buying at avg 45cents (which is significantly higher than at the start of the year). Kingsmen Creatives had flagged a good year is coming in 2025 and been relatively asset light (working capital is largely negligible), there may be excess capital to do SBB. And if earnings continue to improve in future, it will be seen as a value accretive move when one looks back. The only question would be why didn't the company start its SBB at much lower prices instead?

Share Buy-Back - Daily Share Buy-Back Notice

https://links.sgx.com/1.0.0/corporate-an...8eb5ab193a

[weijian]

I was at RWS the other day and saw Coach Coffee Shop at Weave. To be honest, I thought it was a bag outlet equipped with coffee for its clients but it turned out to be a full fledged F&B concept.

As brands start to extend their reach through new channels and in this case F&B, the landlords renting out prime space and enablers of their story telling and experiential offering, are going to be their direct beneficiaries.

Coach makes ambitious F&B push into Asia with 20 outlets as appetite for retail dining grows

Its first entry into Jakarta last year was “a great testing ground due to Indonesia’s ultra-high-net-worth individuals, fast-growing middle class and many Gen Z shoppers”. The success there spurred the brand to open in Malaysia, which now has two coffee shops in Kuala Lumpur and one in Ipoh.

High-end watch brand Audemars Piguet chose the city-state to open its world-first AP Cafe in December 2024 as part of its new AP House in Raffles Hotel Singapore. A collaboration with local F&B operator Burnt Ends, the 12-seater cafe with extra alfresco seating made a big splash in the market, as both watch fans and curious foodies flocked to the Instagram-worthy space to sample chicken rice club sandwiches and hazelnut crunch desserts.

Fashion house brand Prada, meanwhile, has seen its first Prada Caffe in South-east Asia turn into a chi-chi destination for the stylish crowd and serious foodies, thanks to its affiliation with Marchesi 1824 – a storied pastry shop in Milan that is also owned by the brand.

While Audi was one of the first car brands to collaborate with an established F&B brand, Hyundai Motor Company put in a formidable investment to create a full-service restaurant in collaboration with a three Michelin-starred chef to create a uniquely Korean dining experience in its HMGICS innovation centre in Jurong.

https://www.businesstimes.com.sg/lifesty...ning-grows

[RBM]

A stock bucking-the-recent-trend? Kingsmen announced “at-best-flatish” FY25 results a few weeks back. Revenue, for example, was down. To my mind, the highlight of their result announcement was the significant dividend boost.

And yet… Kingsmen’s share price is up >15% since the FY25 results announcement, now at levels last seen >8 years ago. And for sure, it’s bucking the market trend since hostilities in the Middle East significantly deteriorated. My aged mind has to wonder if “something is going on”.

Kingsmen used to be one of the most discussed counters on this forum. Would welcome insights/thoughts of others.

Vested (for a long time).

[ksir]

A stock bucking-the-recent-trend? Kingsmen announced “at-best-flatish” FY25 results a few weeks back. Revenue, for example, was down. To my mind, the highlight of their result announcement was the significant dividend boost.

And yet… Kingsmen’s share price is up >15% since the FY25 results announcement, now at levels last seen >8 years ago. And for sure, it’s bucking the market trend since hostilities in the Middle East significantly deteriorated. My aged mind has to wonder if “something is going on”.

Kingsmen used to be one of the most discussed counters on this forum. Would welcome insights/thoughts of others.

Vested (for a long time).

Although I have reallocated all my Kingsmen to Pico several years back when I noticed their PR focusing more on "marketing to share buyers" than on their biz. Pico on the other hand, pretty much on what matters the most (the biz).

However after Kingsmen announces their latest result, I noticed the difference, their focus on cutting down the expenses (slim down) and focusing more on biz do catch my attention. I guess the change of CEO to a more hands on folk (not just "MBA" or PR type) does matter.
I did pick up some during recent price slowdown to below 0.55.
The valuation is just cheap with net cash more than half of market cap (70+% if i can recall).
With the cheap PE and improving Management, I guess the odds is in our favor.

[Vested, but stake less than 5%, but biased regardless).

[dydx]

A stock bucking-the-recent-trend? Kingsmen announced “at-best-flatish” FY25 results a few weeks back. Revenue, for example, was down. To my mind, the highlight of their result announcement was the significant dividend boost.

And yet… Kingsmen’s share price is up >15% since the FY25 results announcement, now at levels last seen >8 years ago. And for sure, it’s bucking the market trend since hostilities in the Middle East significantly deteriorated. My aged mind has to wonder if “something is going on”.

Kingsmen used to be one of the most discussed counters on this forum. Would welcome insights/thoughts of others.

Vested (for a long time).

Excluding the $5.3m one-off gain (under Other income) in FY24 on disposal of 2 industrial properties in M'sia, in FY25 Kingsmen's established regional business operation actually posted quite a sharp increase in PBT.... https://links.sgx.com/FileOpen/KingsmenR...eID=875483
In the results announcement, Management has given a positive outlook statement, backed by a higher order book. The higher $0.03/share final dividend declared (FY24: $0.02/share) is welcomed by shareholders and new investors alike. 

Do also note Kingsmen is celebrating its 50th anniversary/Golden Jubilee this year....
https://www.linkedin.com/posts/kingsmenc...fyGgFlNcc8 
and there may be more goodies for shareholders to come.

[weijian]

This is probably for RWS 2.0, a good win for Kingsmen. It remains to be seen whether the good old times (MBS 1.0 and RWS 1.0) will return and rhyme...

KINGSMEN AWARDED CONTRACT WORTH UP TO APPROXIMATELY SGD 80.8 MILLION FOR THEMATIC ATTRACTION WORKS BY RESORTS WORLD AT SENTOSA PTE LTD

The Board of Directors (the “Board”) of Kingsmen Creatives Ltd. (the “Company", and together with its subsidiaries, the “Group”) wishes to announce that its wholly-owned subsidiary, Kingsmen Exhibits Pte Ltd, has been awarded a design and build contract worth up to approximately SGD 80.8 million for thematic attraction works by Resorts World at Sentosa Pte Ltd (the “Contract”).

The Contract is expected to contribute positively to the earnings per share and net tangible assets per share of the Group for the financial years ending 31 December 2026 to 2029.

https://links.sgx.com/FileOpen/KingsmenC...eID=885068