Singapore Land Intrinsic Value Calculator – High Court to Hear Boldtek Unit’s Judicial Manager Appointment Application in February 2024 in Singapore
December 29, 2023
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The company is a diversified and well-established property group in Singapore, with a focus on real estate development and investment. The company has recently announced that the Singapore High Court will be considering the application for the appointment of a Judicial Manager for Boldtek Unit in February 2024. This is an important development as it will greatly affect the financial position of the company. A Judicial Manager is an independent corporate professional appointed by the court to oversee and manage a company’s finances and operations. This appointment will allow the company to have more control over its finances and operations, which could help them to avoid insolvency or closure of the business.
This is not the first time that Singapore Land ($SGX:U06) Limited has had to face such a situation. Fortunately, the court granted them the appointment and the company was able to continue its business operations. It is clear that Singapore Land Limited is taking all necessary steps to protect its finances and operations. If the court grants them the appointment for Boldtek Unit in February 2024, it could potentially help the company to remain financially stable and continue its operations.
Stock Price
This decision is made in light of the current financial difficulties faced by the Boldtek Unit. The outcome of the hearing is likely to have a major impact on the operations of the SINGAPORE LAND group and its future prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Singapore Land. More…
| Total Revenues | Net Income | Net Margin |
| 672.78 | 263.74 | 39.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Singapore Land. More…
| Operations | Investing | Financing |
| 248.87 | -147.81 | -76.12 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Singapore Land. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.7k | 969.23 | 5.65 |
Key Ratios Snapshot
Some of the financial key ratios for Singapore Land are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.3% | -3.7% | 51.2% |
| FCF Margin | ROE | ROA |
| 31.7% | 2.7% | 2.2% |
Analysis – Singapore Land Intrinsic Value Calculator
At GoodWhale, we have conducted a financial analysis of SINGAPORE LAND. Our proprietary Valuation Line has calculated an intrinsic value of SINGAPORE LAND share to be approximately SG$2.5. However, SINGAPORE LAND stock is currently trading at SG$2.0, meaning it is undervalued by 21.5%. This presents an excellent opportunity for investors to acquire the stock at a discounted rate and benefit from potential returns in the future. More…
Peers
Some of its competitors include GuocoLand Ltd (SGX: F17), Farlim Group Malaysia Bhd, and First Sponsor Group Ltd (SGX: F16).
– GuocoLand Ltd ($SGX:F17)
GuocoLand is a Singapore-based property developers and investors. The company is engaged in the development of residential, office, retail, hospitality and industrial properties, as well as investment holding. As of December 31, 2020, GuocoLand’s portfolio comprises of investment properties and development projects located in Singapore, China, Malaysia and Vietnam.
GuocoLand’s market cap as of 2022 is 1.86B. The company has a return on equity of 8.49%. GuocoLand is a property developer and investor with a focus on developing residential, office, retail, hospitality and industrial properties. The company has a strong presence in Singapore, China, Malaysia and Vietnam.
– Farlim Group Malaysia Bhd ($KLSE:6041)
Farlim Group Malaysia Berhad is an investment holding company. Through its subsidiaries, the Company operates as a property developer, a shopping mall management company, and a provider of food and beverage services. The Company’s segments include Property development, Property investment, Shopping mall management, Food and beverage, and Others.
– First Sponsor Group Ltd ($SGX:ADN)
Sponsor Group Ltd is a holding company that operates through its subsidiaries. The company focuses on investments in the internet and mobile sectors. As of 2022, the company has a market cap of 1.15B and a ROE of 8.35%. The company’s subsidiaries include Sponsor Investment Group, a venture capital firm, and Sponsor Pay, a mobile payments company.
Summary
Singapore Land is a Singapore-based real estate and investment holding company. The company has recently been in the news as the Singapore High Court will hear Boldtek Unit’s judicial manager appointment application in February 2024. This application is expected to have a major impact on Singapore Land, and investors should take note of the news. Singapore Land is well diversified with a diversified portfolio of properties across residential, commercial, industrial, hospitality, and other sectors.
The company has a stable cash flow and strong balance sheet. An in-depth analysis of Singapore Land’s financials, current performance, and market outlook can help investors make informed decisions regarding investments in the company.
