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Construction Material & Bio-Medical Outsourcing
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HuatAh!
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26-Oct-2007 00:58
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Anyone still vested in Vicplas? Recent married deal of 10 million shares at $0.205 and director bought 474,00 at $0.19. |
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jayster
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13-Sep-2007 15:31
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vicplas will report its earning in 8 days 
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water/mountain
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11-Sep-2007 18:54
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vicplas. Has a good model of businesses, may be it lack drive at certain level. Has some potential, with current price, look set to move ..... any comment. |
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jayster
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11-Sep-2007 16:57
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moving up with little volume...seems there are no more sellers to bring it down...hmmm...interesting
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knightrider
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22-Aug-2007 10:24
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Posted on BT 15 Aug By R SIVANITHY :- Last month, VicPlas shareholders voted at an extraordinary general meeting in favour of buying up the remaining 50 per cent of Forefront Medical Technology (FMT), a company that makes the LMA laryngeal mask airway device used in surgical anaesthetic procedures. According to the company, it is now the only local manufacturer of these devices, thus giving it a strong competitive edge in a highly promising market. Moreover, its plastics business will continue to enjoy decent prospects because of the current construction boom. Thanks to improved performances from both these core businesses, VicPlas's results for the six months ended Jan 31 were good - a 35 per cent jump in revenue to $8 million and a doubling in net profit to $1.65 million. At 18 cents a share and assuming the second half is as good as the first, its shares trade at a price-earnings of around 14, making it one Sesdaq stock to actually command a PE. |
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chiags
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21-Aug-2007 13:06
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 Vicplas future look good but not active this moment, any advise ?? Thank.
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jayster
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05-Aug-2007 12:47
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For the first five months this year, construction demand reached about $7.6 billion, in terms of contracts awarded. Major projects awarded included the Marina Bay Financial Centre, Island Power?s Generation Plant, foundation contracts for Marina Bay Sands Integrated Resort and several private residential developments (Marina Bay Residence, Scotts Square Condo). 2. Based on feedback from developers and public sector agencies on their upcoming development plans, the Building and Construction Authority (BCA) has revised its construction demand forecast for 2007 upward, from between $17 billion and $19 billion, to between $19 billion and $22 billion. Out of this, private sector construction is expected to form about 70% of the demand. The upward revision in construction demand can be attributed to the rise in residential and commercial demand due to the current property boom as well as higher construction costs. More office space and hotels are expected to be developed to meet market demand. Some major projects that are due to be awarded in the later part of this year include the Khoo Teck Puat Hospital in Yishun, construction parcels for the two Integrated Resorts, the redevelopment of Ocean Building and some private residential developments (Reflections at Keppel Bay, Condo at Quayside Collection, Sentosa and The Seafront On Meyer Condo). Issued by Building and Construction Authority (BCA) on 3 August 2007 |
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jayster
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03-Aug-2007 15:20
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Events to watch out for next week: LMA to post 2nd quarter results on 7th August 2007. I expect LMA's result to surge because of the commencement of sales of its latest product LMA Surpreme which happens to be made by Vicplas' now wholly owned subsidiary Forefront Medical. Share price has been weak but i see this as a chance to accumulate on weakness. Forefront is likely to announce many significant deals after Vicplas announces its full year results in Sep 07. By then the valuation of the stock will be 50c-70c, attempting to break its all time high of 75c 
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jayster
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03-Aug-2007 15:11
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VICPLAS? SHAREHOLDERS GIVE THE THUMBS-UP TO ACQUIRE THE REMAINING 50% STAKE OF FOREFRONT MEDICAL TECHNOLOGY AT EGM TODAY Singapore, 27 July 2007 ? SGX-Sesdaq-listed VicPlas International Ltd (?VicPlas? or the ?Company?) is pleased to announce that its shareholders have approved at an Extraordinary General Meeting held today resolutions to acquire the balance 50% of the issued share capital of Forefront Medical Technology (Pte) Ltd (?FMT?). This brings to fruition VicPlas? plans to acquire FMT as a wholly owned subsidiary from an associate company, following the signing of a Memorandum of Understanding (MOU) on 30 January 2007. The acquisition is financed by the issuance of 184,000,000 new ordinary shares to Venner Capital S.A (?Venner Capital?), an investment holding company, at an issue price of S$0.135 each, VicPlas? closing share price on 30 January 2007 and the date on which the MOU was signed. As a result, Venner Capital?s stake in VicPlas will increase from 24.79% to 56.09%, making it the Company?s largest shareholder. This move crystallises VicPlas? strategic plans to move ahead full steam to become a specialised medical devices manufacturer. It also provides VicPlas with a strategic footing into the bio-medical science sector, which traditionally has high barriers to entry due to its specialist knowledge and high start-up cost requirement. FMT, which is the only local manufacturer of the LMATM laryngeal mask airway device (single-use) used in surgical anesthetic procedures, has to date developed strong R&D expertise in medical device manufacturing, ranging from design concept, prototyping, right through to production and sterilization. Mr Victor Loh, VicPlas? Chief Executive Officer, said: ?Our competitive edge in terms of design and manufacturing capabilities will enable us to tap the enormous growth potential of the global medical devices market. We have been actively marketing our capabilities in recent years, and we are confident that the medical device business will be a key growth driver to take our business to greater heights.? He added, ?We?re delighted that our shareholders have given us the mandate on this acquisition, reflecting their confidence in our new business direction. Leveraging on FMT?s knowledge and competency in medical device manufacturing, VicPlas is likely to benefit from this fast-growth segment in terms of boosting its earnings base as the medical devices segment offers a brighter future for the Group.? |
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jayster
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03-Aug-2007 15:04
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Listed on the SGX-Sesdaq in 1999, VicPlas International Limited has two core businesses. Its primary business is the manufacture and distribution of proprietary plastic building products, including uPVC pipes, pipe fittings and electrical conduits in Singapore under the VicPlas brand. In addition, it manufactures innovative medical devices through its 50% owned joint venture Forefront Medical Technology (Pte) Ltd. |
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