RIVERSTONE, APAC REALITY & PROPNET
RIVERSTONE
3Q/9M 2022 reported on 9/11/2022
Rev = RM270m / RM1,024m
N.Pf = RM63.45m / RM272.4m
* RM272.4m ~ S$81m
* EPS = 4.28sen / 18.38sen
* Cash flow = RM1,262m
* NAV = RM1.38
* 9M dividend = 6sens
Riverstone Fy 2023 expect to underperform but downside supported by generous 8% dividend.
Cash flow = RM1,262m & debt free.
Cleanroom outlook remains stable; RIVERSTONE actively upgrading capabilities to cater for specialised products, in view of declining healthcare glove.
www.nextinsight.net/story-archive-mainme...erous-div-yield-of-8
APAC REALITY
9M2022/2021 reported on 9/11/2022
Rev = $527.5m / $544 (-3%)
N.Pf = $23.9m / $26.1m (-8.5%)
EPS = 6.7 cents
Even full year profit fall by 10% APAC is still trading @ PE 7x and dividend yield of about 10%.
Company generating rich cash.
PROPNET
3Q/9M 2022 reported on 9/11/2022
Rev = $258m/ $731m (+10/+2%)
N. Pf = $18.2m/ $46.5m (+18/-7%)
EPS = 4.75c / 12.05c
Cash flow from $124m to $127.2m
NAV =29.13 cents
3rd Q profit was $18.2m increased by 18% and 9 months fall by 7%.
PROPNET is trading over PE 10x and dividend yield of about 6%.
Company generating rich cash.
RIVERSTONE, APAC REALITY & PROPNET are potential for holding long term.