Net Profit After Tax: S$5.1 million
Cash onhand : S$40 million
Market Capitalisation : S$41 million based on S$0.18
Dividend declared: 0.8 cents per share.
Gearing : 0.01 (almost DEBT FREE)
If you managed to buy at S$0.18, you are getting the whole operation which generate an annual profit of $10 million (if it can match the same result for 2nd half) for free since cash onhand is equal to market capitalisation.
Managed to buy a few lots at $0.21... the price has since move up to $0.23