Last $0.22 SGD
Change Today +0.005 / 2.38%
Volume 4.5M
KONE On Other Exchanges
Symbol
Exchange
Singapore
As of 5:04 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

k1 ventures ltd (KONE) Snapshot

Open
$0.22
Previous Close
$0.21
Day High
$0.22
Day Low
$0.21
52 Week High
05/15/14 - $0.23
52 Week Low
07/31/13 - $0.17
Market Cap
465.6M
Average Volume 10 Days
2.0M
EPS TTM
$0.02
Shares Outstanding
2.2B
EX-Date
05/20/14
P/E TM
11.1x
Dividend
$0.05
Dividend Yield
32.56%
Current Stock Chart for K1 VENTURES LTD (KONE)

Related News

No related news articles were found.

k1 ventures ltd (KONE) Related Businessweek News

No Related Businessweek News Found

k1 ventures ltd (KONE) Details

k1 Ventures Limited is a principal investment firm specializing in acquisitions, strategic partnerships, and other strategic business relationships. The firm focuses on investments in mature industries and markets. It primarily invests in education, energy, and transportation leasing companies in the United States but is not averse to investments in new markets and industries. The firm prefers to make investments through a mixture of debt and equity financing and will take a minority or controlling position based on each investment and such investments can be structured using its ability to invest across an entire capital structure, from senior debt to common equity. It was formerly known as Keppel Marine Industries Limited. k1 Ventures Limited was founded on July 7, 1970 and is based in Singapore with additional offices in Miami, Florida; Santa Monica, California; and New York City.

Founded in 1970

k1 ventures ltd (KONE) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

k1 ventures ltd (KONE) Key Developments

K1 Ventures Limited Recommends Tax Exempt One-Tier Interim Dividend Payable on 30 May 2014; Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014

The board of directors of K1 Ventures Limited recommended a tax exempt one-tier interim dividend of 5 cents per share. The dividend will be paid to shareholders on 30 May 2014. The Share Transfer Books and Register of Members of the company will be closed on 22 May 2014 for the preparation of dividend warrants. The company reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported revenue of $3,204,000 compared to $2,936,000 a year ago. Group revenue from continuing operations was above the comparable prior year quarter driven by an increase in investment income. Operating profit was $2,075,000 against $1,715,000 a year ago. Profit before taxation was $2,068,000 against $1,759,000 a year ago. Profit from continuing operations was $1,163,000 against $863,000 a year ago. Profit for the period was $3,031,000 against $1,519,000 a year ago. Profit from continuing operations attributable to shareholders of the company was $1,163,000 against $863,000 a year ago. EBITDA was $2,068,000 against $1,759,000 a year ago. Basic and diluted profit per share was 0.12 cents against 0.06 cents a year ago. Basic and diluted profit from continuing operations per share was 0.05 cents against 0.04 cents a year ago. Net cash used in operating activities was $7,564,000 against net cash from operating activities of $5,495,000 a year ago. Group profit from continuing operations for the quarter was above the prior year quarter driven by the increase in investment income and a reduction in Group operating expenses. For the nine months, the company reported revenue of $28,552,000 compared to $36,975,000 a year ago. Group revenue from continuing operations was below the comparable prior year period due to a decrease in investment income attributable to KUH of $8.1 million. Operating profit was $25,074,000 against $33,018,000 a year ago. Profit before taxation was $25,169,000 against $33,042,000 a year ago. Profit from continuing operations was $20,298,000 against $30,329,000 a year ago. Profit for the period was $21,708,000 against $31,917,000 a year ago. Profit from continuing operations attributable to shareholders of the company was $20,298,000 against $30,329,000 a year ago. EBITDA was $25,170,000 against $33,042,000 a year ago. Basic and diluted profit per share was 0.99 cents against 1.46 cents a year ago. Basic and diluted profit from continuing operations per share was 0.94 cents against 0.04 cents a year ago. Net cash used in operating activities was $2,721,000 against net cash from operating activities of $2,721,000 a year ago. Purchase of fixed assets was $43,148,000 against $39,642,000 a year ago. The decrease in profit from continuing operations was driven by the decrease in investment income from KUH and an increase in taxation, partially offset by a reduction in Group operating expenses.

K1 Ventures Limited Announces Resignation of Lim Jia Ying as Joint Company Secretary, Effective March 26, 2014

The Board of Directors of K1 Ventures Limited announced the resignation of Ms. Lim Jia Ying as Joint Company Secretary with effect from March 26, 2014. Following Ms Lim's resignation, Ms. Winnie Mak will remain as the Company Secretary of the company.

k1 Ventures Limited Reports Group Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2013

k1 Ventures Limited reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported revenues of SGD 20,782,000, operating profit of SGD 3,381,000, profit before taxation of SGD 1,937,000, profit attributable to shareholders of the company of SGD 741,000 or 0.04 cents per basic and diluted share compared to the revenues of SGD 48,388,000, operating profit of SGD 32,174,000, profit before taxation of SGD 31,650,000, profit attributable to shareholders of the company of SGD 29,410,000 or 1.36 cents per basic and diluted share for the same quarter year ago. EBITDA was SGD 13,929,000 compared to the SGD 40,866,000 for the same quarter year ago. Net cash from operating activities was SGD 12,626,000 compared to SGD 35,264,000 for the same quarter year ago. Purchase of fixed assets was SGD 2,037,000 compared to the SGD 11,065,000 for the same quarter year ago. For the six months, the company reported revenues of SGD 58,337,000, operating profit of SGD 24,445,000, profit before taxation of SGD 22,311,000, profit attributable to shareholders of the company of SGD 18,768,000 or 0.87 cents per basic and diluted share compared to the revenues of SGD 68,245,000, operating profit of SGD 34,516,000, profit before taxation of SGD 32,889,000, profit attributable to shareholders of the company of SGD 30,2012,000 or 1.40 cents per basic and diluted share for the same period a year ago. EBITDA was SGD 45,450,000 compared to the SGD 51,364,000 for the same period a year ago. Net cash from operating activities was SGD 4,843,000 compared to SGD 43,575,000 for the same period a year ago. Purchase of fixed assets was SGD 43,367,000 compared to the SGD 31,609,000 for the same period a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KONE:SP $0.22 SGD +0.005

KONE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for KONE.
View Industry Companies
 

Industry Analysis

KONE

Industry Average

Valuation KONE Industry Range
Price/Earnings 10.4x
Price/Sales 2.9x
Price/Book 1.4x
Price/Cash Flow 6.5x
TEV/Sales 2.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact K1 VENTURES LTD, please visit www.k1ventures.com.sg. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.