LHN Logistics

LHN confident about outlook as it rides co-living boom - THE EDGE SINGAPORE

Company in the news

LHN confident about outlook as it rides co-living boom

LHN is in an expansion mode and is upbeat on the co-living sector.

Broker's Calls

CGS-CIMB maintains 'add' for LHN Logistics, ups TP to 18 cents

LHN Logistics’ profit for the period — boosted by tax credits of some $0.3 million — came in above analyst expectations.

Broker's Calls

SCCM initiates ‘buy’ on LHN Logistics with TP of 24 cents

LHN Logistics is currently trading at an attractive FY2024 P/E of 7x with a yield of 6%, according to SCCM's estimates.

Broker's Calls

PhillipCapital maintains 'buy' on LHN, reduces TP to 47 cents

Analyst Paul Chew has reduced his TP to 47 cents from 51 cents previously.

Results

LHN Logistics reports loss of $4.3 mil for FY2022

A final dividend of 0.6 cents has been declared for the period.

Broker's Calls

CGS-CIMB initiates coverage on LHN Logistics, trading at 50% discount to peers

According to CGS-CIMB, LHN Logistics is trading at a 50% market size discount to peers with an FY2023 P/E of 9x.

kopi-C: the Company brew

LHN: Optimising space for 'live-work-play' paradigms

Lim aims to build a $500 million company by end of this decade

IPO

LHN Logistics shares open at 20.5 cents on trading day, 2.5% higher than IPO issue price

As at 3.18pm, shares in LHN Logistics are trading at 19.6 cents.

IPO

LHN's logistics spin-off to raise $3.6 mil

LHN Logistics' IPO is priced at 10.1x historical earnings, while LHN trades at 5x earnings
LHN Logistics launches IPO at 20 cents each to raise $3.6 mil - THE EDGE SINGAPORE

IPO

LHN Logistics launches IPO at 20 cents each to raise $3.6 mil

Based on the IPO price, LHN Logistics is likely to have a market cap of around $33.5 million.
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