800 Super Holdings

Environmental, Social and Governance

Turning trash into gold

The waste management industry is known to be a resilient one. In uncertain times like today, is this sector rubbish or a gem?

Corporate moves

Keppel consortium to acquire 80% majority stake in 800 Super Holdings for $304 mil

KAIF and Keppel Infrastructure will hold 48% and 32% interest in 800 Super with the remaining 20% held by CEO William Lee

Offer

800 Super's independent adviser says shareholders should accept Lee family's offer

SINGAPORE (June 10): 800 Super Holdings says independent financial adviser (IFA) Novus Corporate Finance considers the privatisation offer from its controlling Lee family to be “fair and reasonable”.

Results

800 Super posts 25% drop in 2Q earnings to $1.9 mil on higher expenses

SINGAPORE (Feb 12): Waste disposal company 800 Super Holdings saw its earnings fall 24.8% to $1.9 million for the 2Q19 ended December, compared to earnings of $2.5 million a year ago.

Broker's Calls

800 Super upgraded to 'buy' by Phillip on recent share price slump

SINGAPORE (Sept 3): Waste disposal company 800 Super is expected to turn free cash flow positive only in FY20, according to research house Phillip Capital.

Results

800 Super posts 37% drop in 3Q earnings to $3.9 mil

SINGAPORE (May 11): 800 Super Holdings, the comprehensive environmental solutions provider, says 3Q18 earnings declined by 37% to $3.94 million, compared to $6.25 million in 3Q17.

Broker's Calls

New projects to support 800 Super's earnings despite 2Q disappointment, says Phillip Capital

SINGAPORE (Feb 12): Phillip Capital is maintaining its “accumulate” rating on 800 Super Holdings with a target price of $1.35, or 17.8 times FY18 earnings.

Results

800 Super Holdings posts 32% drop in 2Q earnings to $2.47 mil

SINGAPORE (Feb 9): 800 Super Holdings announced that its 2Q18 earnings has dropped by 32% to $2.47 million from $3.63 million in 2Q17.

800 Super wins $194 mil public waste collection contract from NEA

SINGAPORE (Jan 12): 800 Super Holdings, the environmental services provider, has won a public waste collection licence with a contract value of $193.5 million by the National Environmental Agency (NEA).  

Broker's Calls

800 Super kept at 'buy' on steady pipeline

SINGAPORE (Nov 13): Phillip Securities Research is keeping its “buy” call on environmental services provider 800 Super Holdings but lowering its target price to $1.43, down from $1.53 previously.
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