SIIC Environment Holding Ltd

Some info on SIIC.:

Headquartered in Singapore and listed on the Mainboard of SGX-ST, the Company successfully launched on the Mainboard of HKEX in 2018. The controlling shareholder, SIIC Environment, Shanghai Industrial Holdings Limited (" SIHL", HKEX stock code: 363.HK), was established in 1996, with infrastructure, real estate, and consumer products as the core business. The important strategic investor of the Company, China Energy Conservation and Environmental Protection Group (CECEP ), is a state-owned enterprise mainly engaged in energy conservation and environmental protection, which was reorganized and established in 2010 with the approval of the state council.

For info only

SIIC - share buy back:

05 April - 1,386,500
01 April - 1,962,500
31 March - 1,000,000
30 March - 884,500
29 March - 1,200,000
24 March - 1,206,000
18 March - 2,000,000
16 March - 3,000,000

Just sharing

Share buy back today:
06 April - 500,000

05 April - 1,386,500

01 April - 1,962,500

31 March - 1,000,000

30 March - 884,500

29 March - 1,200,000

24 March - 1,206,000

18 March - 2,000,000

16 March - 3,000,000

Just sharing

Update

Main reasons for being vested:

1. high revenue -
above S$1 billion per year since 2018

2. high profit -
above S$100 million per year since 2017

3. high dividend yield -
4.5% (dividend 1.0 per year since 2017, current price 20.5 cents)

4. nta of 69.0 cents.
current price 22.0 cents

5. share buy back

6. low p/e
p/e 4.4 on current price of 22.0 cents - under valued

Dyodd.

Profit for SIIC Environment has been growing since 2018. See below:

2018 profit - S$112.4 mil

2019 profit - S$126.0 mil

2020 profit - S$131.3 mil

For info only. Vested

Source: SGXNet
SIIC Environment: General Announcement :: SIIC Environment Signs 160,000 tonnes Projects in Yangtze River Delta