
||KGT will IPO on second qtr 2010. at a minimum price of 0.23X5 (5 for 1) ie $1.15 at least otherwise it won't be a reward to shareholders. I think it would be good to subscribe to it and wait for the IPO. Going green is the way to go in future. I would think there will be more upside during the IPO. Vested and waiting for the free shares iso collecting 23cts that comes with KGT. Opportunity cost is the wait for the IPO
13a. Current Financial Period Reported On
Any dividend recommended for the current financial year reported on? Yes
The Directors are pleased to recommend a final dividend of 23 cents per share tax exempt onetier (2008: 21 cents per share tax exempt one-tier) in respect of the financial year ended 31
December 2009 for approval by shareholders at the next Annual General Meeting to be
convened. Together with the interim dividend of 15 cents per share tax exempt one-tier (2008: 14 cents per share tax exempt one-tier), total cash dividend paid and proposed in respect of the financial year ended 31 December 2009 will be 38 cents per share tax exempt one-tier (2008: 35 cents per share tax exempt one-tier).
Name of Dividend Final
Dividend type Cash
Dividend per share 23 cents
Tax rate Tax exempt
13b. Corresponding Period of the Immediately Preceding Financial Year
Any dividend declared for the corresponding period of the immediately preceding financial year?
Yes
Name of Dividend Final
Dividend type Cash
Dividend per share 21 cents
Tax rate Tax exempt
13c. Date Payable
The proposed final dividend, if approved at the Annual General Meeting to be held on 23 April 2010, will be paid on 11 May 2010. 13d. Books Closure Date Notice is hereby given that, the Share Transfer Books and Register of Members of the Company will be closed on 30 April 2010 for the preparation of dividend warrants. Duly completed transfers in respect of ordinary shares in the capital of the Company (“Shares”) received by the Company’s
Registrar, B.A.C.S. Private Limited, at 63 Cantonment Road, Singapore 089758 up to 5.00 p.m. on 29 April 2010 will be registered to determine shareholders’ entitlement to the proposed final dividend. Shareholders whose securities accounts with The Central Depository (Pte) Limited (CDP) are credited with Shares at 5.00 p.m. on 29 April 2010 will be entitled to the proposed final dividend.
13e. Special Dividend In Specie
The details of the proposed dividend in specie of K-Green Trust (“KGT”) units (“Proposed
Distribution”) are in the announcement dated 26 January 2010 (“Announcement”). The Proposed Distribution value is equivalent to approximately 23 cents per share tax exempt one-tier. The Proposed Distribution is conditional upon certain approvals being obtained as described in the
Announcement. A circular to Shareholders in relation to the Proposed Distribution, together with a notice of the Extraordinary General Meeting to be convened as well as the Introductory Document, will be dispatched to Shareholders in due course.
13f. Total Annual Dividend
Together with the cash dividend, total distribution paid and proposed in respect of the financial year ended 31 December 2009 will be 61 cents per share (2008: 35 cents per share).
what a fantastic dividend given by kepcorp for the past 20 years.
2009 61 cents.
Year | Gross Dividends (cents) |
Special Dividends (cents) |
2008 | 35.0 | - |
2007 | 19.0 | 45.0 |
2006 | 14.0 | 14.0 |
2005 | 11.5 | 11.5 |
2004 | 10.0 | 10.0 |
2003 | 9.5 | 9.0 |
2002 | 9.0 | 6.0 |
2001 | 8.0 | 25.0 |
2000 | 11.5 | - |
1999 | 6.0 | - |
1998 | 4.0 | - |
1997 | 5.0 | - |
1996 | 5.2 | - |
1995 | 5.2 | - |
1994 | 5.2 | - |
1993 | 4.8 | 3.2 |
1992 | 4.4 | - |
1991 | 4.0 | - |
1990 | 3.2 | - |
1989 | 2.8 | - |
KEPPEL CORPORATION LIMITED
FULL YEAR 2009 REPORT CARD
1. PATMI before exceptional items improved 15% to S$1,265 million, from
FY08’s S$1,097 million.
2. Earnings per share of 79.4 cents, up 15% from FY08’s 69.0 cents.
3. ROE rose to 23.9% from FY08’s 22.4%.
4. Total distribution of 61 cents per share for 2009, comprising a special dividend
in specie of 23 cents, a final dividend of 23 cents and the interim dividend of
15 cents already paid.
5. Economic Value Added increased by S$171 million to S$1,026 million.
6. Free cash flow of S$1,094 million.
7. Net cash of 0.14x compared to 0.04x in 2008.
DJ Keppel Corp 4Q Net Profit S$343 Million; Poll S$773 Million!!
http://www.sharesinv.com/articles/DJ62645/
PROPOSED DIVIDEND IN SPECIE OF
UP TO 326 MILLION UNITS IN K-GREEN TRUST
No payment will be required from Shareholders for the Proposed Distribution. The KGT
Units will be distributed free of encumbrances and together with all rights attaching thereto
on and from the date the Proposed Distribution is effected. An application to the SGX-ST
will be made for the KGT Units to be listed on the Main Board of the SGX-ST, which will
enable the KGT Units to be traded publicly after the completion of the Proposed
Distribution
The investment objective of KGT is to invest in “green” infrastructure assets (including, but
not limited to, waste management, water treatment, water reclamation, renewable energy,
energy efficiency and other “green” initiatives) in Singapore and globally with a focus on
Asia, Europe and the Middle East.
To demonstrate the commitment of the Company and its subsidiaries (together, “Group”)
to KGT, KIE will retain approximately 49.5% of the KGT Units in issue immediately after
the Proposed Listing and will give an undertaking that the Group will not sell, transfer or
otherwise dispose of any part of the KGT Units it will hold immediately after the Proposed
Listing for a period of 12 months commencing from the date of admission of KGT to the
Official List of the SGX-ST.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_6698825C521FFB0A482576B700309D13/$file/EmeraldAnnouncement.pdf?openelement
Read further
Keppel Corp +38.5% yoy ! above OCBC's forecast. Cheers (", ) ('o') ('o') !
KEPPEL CORPORATION LIMITED
Full Year 2009 Financial Statements & Dividend Announcement
UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009
Revenue $12,247.1mlns
Profit for the year $1,829.8mlns <- - - - - +38.5% yoy
http ://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_55304462D9CE5214482576B70030AEFF/$file/Full2009ResultsAnnouncement.pdf?openelement
tradersgx ( Date: 20-Jan-2010 16:03) Posted:
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Press Releases - All |
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26-January-2010 Keppel Corporation Limited Unaudited Results for the Full Year Ended 31 December 2009 The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the full year ended 31 December 2009.
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And the Top 3 winners are 1st KEPPEL CORP, 2nd CITIBANK and 3rd DBS ! Cheers ('o') !
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Keppel Land Ltd: FY09 Actual
Sales $923.9mln (+15% more than OCBC forecast of $803.0mln)
Profit after taxation $299.3mln (+12.2% more than OCBC forecast of $266.8mln)
3 Largest Keppel Land Shareholders:
1. Keppel Corporation Limited 379,697,733Shares 52.64% <--------- here!
2. Citibank Nominees Singapore Pte Ltd 48,428,356Shares 6.71%
3. DBS Nominees Pte Ltd 46,119,462Shares 6.39%
Details of Shareholders as at 2nd March 2009
http ://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8EB0EE6394223FC3482576B600376C49/$file/KLLFY09Results.pdf?openelement
http ://www.keppelland.com.sg/IR_FI_DS.asp
23-January-2010 Keppel delivers platform supply geotechnical vessel Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), has delivered a platform supply geotechnical vessel on schedule to Greatship Global Offshore Services Pte. Ltd (Greatship).The vessel has been bareboat chartered to GC Rieber Shipping Asia Pte Ltd (GC Rieber). |
Details of Unitholdings as at 2 March 2009
Number of issued Units: 657,543,286
5 Largest Unitholders
1. K-REIT Asia Investment Pte. Ltd. 292,661,486Units 44.51%
2. Keppel Real Estate Investment Pte. Ltd. 203,717,224Units 30.98%
3. DBS Nominees Pte Ltd 18,254,210Units 2.78%
4. United Overseas Bank Nominees Pte Ltd 16,398,648Units 2.49%
5. HSBC (Singapore) Nominees Pte Ltd 14,430,517Units 2.20%
http://www.kreitasia.com/Inv_UI_UH.asp
===================================================================
Date & Time of Broadcast 20-Jan-2010 17:17:59
SUMMARY OF K-REIT ASIA RESULTS
FOR THE YEAR ENDED 31 DECEMBER 2009
Net Income FY2009 $27.6mln vs FY2008 $19.3mln +43.2% Wow! (",)
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_D7F43347C726F08E482576B10031EDC1/$file/02KREITFY2009_FinancialAnnct_vf.pdf?openelement
OCBC Research 13Jan'10
Keppel Corporation
Major Shareholders: Temasek Holdings 21.7%
Price Target : S$9.93
Maintain: BUY
Forecasts and Valuation 2009.F
Revenue: $12,344.2m
EBITDA: $1,604.8m
P&L:
Revenue: 1Q to 3Q'2009A $9217.9m 4Q2009F $3126.3m
Profit for the period: 1Q to 3Q'2009A $1499.9m 4Q2009F $104.9m (Just 6.56% of F.EBITDA: $1,604.8m) (",)
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4CFDC968EDFB0B64482576570030F73A/$file/KCL9m09_ResultsSGXNET.pdf?openelement
Press Release
Keppel FELS delivers first rig of 2010 on time and within budget
Singapore, 19 January 2010 –
Keppel FELS Limited (Keppel FELS) has delivered ENSCO 8502,
the third of seven ENSCO 8500 Series® semisubmersible (semi) drilling rigs it has been
contracted to build exclusively for Ensco International (NYSE:ESV).
Delivered seven days ahead of schedule, ENSCO 8502 is on track to commence operations in
the U.S. Gulf of Mexico in the second quarter of 2010, under a two-year contract with Nexen
Petroleum U.S.A. Inc. with term extension options.
The early completion was a culmination of progressive productivity gains achieved by Keppel FELS
on the construction of the Series.
Construction lead time for ENSCO 8502 was reduced by 1.1 million manhours, as compared to the
first rig in the Series. This represents a 15% boost in efficiency.
Mr Dan Rabun, Chairman, President & CEO of Ensco International, said, “We are pleased that Keppel
has remained an outstanding long-term supporter of Ensco’s deepwater strategy. We commend the
shipyard and management teams for managing the project schedule and resources very well even
through challenging times, resulting in delivery of the rig early and within budget.
“With each consecutive rig, we have seen continuous improvement in the construction progress,
reaffirming our decision to build the entire seven-rig series with a single yard to realise efficiencies
and economies of scale. We are further convinced that Keppel FELS is the right choice as our trusted
shipyard partner.”
Mr Tong Chong Heong, CEO of Keppel FELS, said, “Keppel has supported and moved closely in step
with our customers as the offshore market’s needs evolved over the years.
“In particular, we take pride in delivering to our customers, not only on time and within budget, but also
quality products that are ready to be deployed for operations, smoothly and safely. We are confident that,
like her sister rigs, ENSCO 8502 will be ready to drill on location shortly after she arrives in the Gulf of Mexico.”
Keppel Offshore & Marine Group, through its global network of yards delivering on its ‘Near Market, Near
Customer’ strategy, constructed ten of Ensco’s world-class jackups, which form a substantial part of the rig
owner’s premium fleet of 42-jackups.
When the ENSCO 8500 Series® is completed, Keppel-built rigs will make up 30% of the leading driller’s
premium fleet. Construction of the next four rigs remains on schedule with expected deliveries extending from
the fourth quarter of 2010 into 2012.
Keppel FELS delivers first rig of 2010 on time and within budget.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_69F5835A6A5A5955482576B00018955E/$file/PRel_190110.pdf?openelement
Keppel Corp : Price target raise to $9.80
Goldman maintains rating but raises price target to $9.80 from $9.00 following
recent target price hike for property unit Keppel Land.
It upgrades Keppel Corp's FY10 and FY11 earnings forecasts by 10 per cent
each to factor in higher property earnings, saying the outlook for Singapore
housing market is positive due to firm demand drivers such as foreign buying.
Jan2010
Reuters is using TTM method ( http://moneyterms.co.uk/ttm-trailing-twelve-months/ ).
Ratios For Keppel Corporation Limited
Valuation Ratios
Price/Earnings: 8.48
Price/Sales: 1.16
Price/Book: 2.97
Price/Cash Flow: 9.34
temp123 ( Date: 17-Jan-2010 10:42) Posted:
|
Ratios For Keppel Corporation Limited
Market Capitalisation
Market Cap ($ Millions): 13,642.42
Shares Outstanding: 1,593.74
Float: 1,246.50
Valuation Ratios
Price/Earnings: 8.48
Price/Sales: 1.16
Price/Book: 2.97
Price/Cash Flow: 9.34
Management Effectiveness (%)
Return on Equity: 22.41
Return on Assets: 8.12
Return on Investment: 18.81
Profitability Ratios (%)
Gross Margin: 25.61
Operating Margin: 14.80
Net Profit Margin: 14.16