Furion07 221A Baker Street

https://sginvestorsedge.com/soon-lian-holdings-1h2026-profit-jumps-to-s6-4-million-more-than-it-earned-in-all-of-fy2025/ Investor’s Edge View The easiest way to tell the Soon Lian story is to say profit more than doubled. The more interesting story is underneath. Revenue increased 37%, yet gross profit almost doubled. Gross margin expanded by around seven percentage points. Inventory, meanwhile, fell from roughly S$40 million at the end of FY2025 to around S$30 million by the middle of this year. And after all that, the company has just produced S$6.43 million of first-half profit against a market value of roughly S$32 million at the S$0.295 price cited in the investment note. Those numbers are enough to make the stock interesting. They are not enough to establish that the first-half performance is sustainable. The next results should therefore be less about whether revenue continues growing at 37% and more about what happens to gross margin, inventory and cash generation.

f5595360-97db-11f1-aa1c-152cd17834f9.pdf #LS2 reports 1H Impressive results, increased profitability extrapolate to less than PE3 Net cash of 4.4c / share vs 7.8c share price, nav stands at 14.3c

#AnAn 10X improvement in profits!

#UnionGas First ever special dividend Cnergy for the win

#Olam dividend as expected.

Looking through #AEM slides and this caught my attention Expect eps to be 24.5-27.5 while 1H is 9.7 2H will Be magnificent After all they are expecting $400m revenue or more in 2H and it's only $247m in 1H

1H26 more than covered FY25 profits and eps is 5.95c PE less than 2 extrapolated Inventories reduced to $30m again NAV rises to 50c vs last done of 22.5c Too bad no dividends but expected for global turbulence blah blah

d933ff90-965b-11f1-acda-1543e3b7ffeb.pdf

#SoonLian In March during Iran war and high aluminium price it was mentioned inventory of aluminium was increased from $30m to $40m and will be a beneficiary of the higher prices Today they announced their 1H26 and the expectation came true

#Koyo previously issued a positive guidance. Great results and more interestingly is how much cash generated They are net cash of almost 14c Or 12.8c if less the lease liabilities That's around the nav level Last done at 7.5c What's there not to like Though it's still on blacklist of several brokerages beyond my imagination

f072ff00-9659-11f1-acda-1543e3b7ffeb.pdf

#HGH also a great set of results due to its ready mixed concrete business. Another sign of booming construction

#AEM great results Interest to flow into tech?

403b7370-926b-11f1-9570-85b8ad75965f.pdf #Metaoptics defers nasdaq dual listing And something to cushion the pain but to no avail GG

Another positive guidance from #Pollux

#KingWan and #MunSiong are closer peers/ competitors to #Koyo and #KingWan actually reported a profit warning and full year loss quoting their ongoing projects are in pre-construction phase Their COVID times low margin contracts are finishing and ideally the ongoing ones which are of higher margins are coming into play and seen in future results in coming years If #Koyo is anything to go by, mechanical engineering are profitable and essential to any construction. Beneficiaries of construction boom Which is not exactly in play nowadays Till a few good construction results to remind the market what's being missed out?

#Koyo Expect higher profits due to mechanical engineering segment Realize profit guidance seems aplenty nowadays even from many quiet ones. Good to see more engagement with investors and hopefully more forward statements emerge down the road

first day of listing already got coverage. Many stocks listed for decades never saw an analyst before target price of $0.82 similar to companies like Cosco GKE Chasen A-Sonic just to name a few

and interestingly controlling shareholder with 51% stake Tang Ying bought 5m shares at IPO level $0.53 on first trading day first day signalling how undervalued it is?

https://links.sgx.com/FileOpen/All-Link%20-%20Post-IPO%20PR.ashx?App=Announcement&FileID=898848 #ALK issues press release post ipo (calling it ALK easier than ALLLINK)