| Latest Forum Topics / Chip Eng Seng |
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ChipEngS - Low PE, High Yield and High NAV in One
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rayoflight
Veteran |
19-Oct-2015 18:12
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heng i collected when it was 615! 70c liao! |
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bishan22
Supreme |
19-Oct-2015 18:03
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Touching seven liao.....
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bishan22
Supreme |
13-Oct-2015 11:15
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Correction 4 cents.
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bishan22
Supreme |
13-Oct-2015 11:10
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Grab some for 0.04 cents dividend yearly. Not for contra.
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Qanghoo
Supreme |
12-Oct-2015 20:30
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If I may venture a guess, div shd be the usual 4c n, maybe, plus one ct sd. I' m no longer vested cos I was put off by the way they stopped the share buyback (unless they had reached their limit then it' s understandable). They supported the share px so nicely at around 90c. but stopped when share px got bumped to 60c+. Seems ridiculous to me. On the other hand LB appear more supportive of their share px which is good for shareholders. Who knows, LB cld also be improving their div this coming yr n make their shares even more attractive.
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rayoflight
Veteran |
12-Oct-2015 19:58
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Just continue to stay vested and collect solid div |
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tangsookiam1947
Master |
10-Oct-2015 14:19
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Year end NAV should be around $1.50 due to revaluation of hotel. There should be some BIG reaction soon :)
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tangsookiam1947
Master |
10-Oct-2015 07:04
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With close to 90% sales achieved for High Park Residence, CES&rsquo s RNAV is expected to hit at least $1.80 (excluding TM project and potential EPS from its latest acquisition in Australia). The current share price is at more than 60% discount to this future RNAV of more than $1.80 (&ldquo locked in&rdquo EPS) If TM and the latest acquisitons are factored in, RNAV is easily more than $2!!! |
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us9392
Member |
10-Oct-2015 03:38
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Chip Eng Seng - Cash 48 cents per share NAV : $1.17 PE : 5.5 times Dividend Yield 6 % pa At 67 cents is undervalued ? You decide. |
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Woods30
Veteran |
09-Oct-2015 21:27
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Hock Lian Seng is no property developer per se... that is a good thing...not affected by uncertainty ..like chip eng seng..
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Woods30
Veteran |
09-Oct-2015 21:24
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Better forget abou ths fellow... Hock Lian Seng... much better...Please go look see....
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Qanghoo
Supreme |
09-Oct-2015 21:19
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Just old wine in new botte, I suppose. Think he was already doing most of the running prior to the formal apptment.
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rayoflight
Veteran |
09-Oct-2015 19:48
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APPOINTMENT OF GROUP CHIEF EXECUTIVE OFFICER
____________________________________________________________________________
The Board of Directors of Chip Eng Seng Corporation Ltd. (the " Company" ) wishes to announce the appointment of Mr Hoon Tai Meng (" Mr Hoon" ) as the Group Chief Executive Officer (" Group CEO" )
with effect from 12 October 2015 |
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rayoflight
Veteran |
09-Oct-2015 10:41
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Hit 68 Higher highs lower lows > Uptrend lai liao |
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bishan22
Supreme |
09-Oct-2015 09:20
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Chipping up slowly..... |
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rayoflight
Veteran |
08-Oct-2015 09:49
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Hit DH of 675 and came back down to 655 Forming a bottom around this price.. |
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tangsookiam1947
Master |
06-Oct-2015 13:03
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The Board of Directors of Chip Eng Seng Corporation Ltd (the &ldquo Company&rdquo ) is pleased to announce that the Group&rsquo s wholly owned subsidiary, CES-Northcote (VIC) Pty Ltd (&ldquo CESNorthcote&rdquo ) has today entered into a Contract of Sale (the &ldquo Agreement&rdquo ) to purchase the site at 217 and 221-223 Separation Street, Northcote, Victoria, Australia. The purchase price of the two properties collectively is A$27 million (the &ldquo Purchase Price&rdquo ). The settlement date for this transaction is 120 days from the date of the Agreement. 217 Separation Street contains a single storey detached dwelling that is currently leased and used for home occupation. 221-223 Separation Street contains industrial buildings and associated car parks and will be leased to the current occupant to continue operating its packaging business for 1 year from the settlement date. The properties have a total site area of 17,857 square metres and provide opportunity for significant residential redevelopment. CES-Northcote will apply for a rezoning of the land to allow for a change of use from industrial to residential. The development potential includes approximately 15 townhouses and 300 apartments, subject to town planning approval (&ldquo Proposed Development&rdquo ). The Purchase Price and the Proposed Development will be financed by internal sources and bank borrowings and the Proposed Development is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the current financial year ending 31 December 2015. None of the Directors and, to the best knowledge of the Directors, none of the substantial shareholders or controlling shareholders of the Company, has any direct or indirect interest in the transaction. |
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blurtrader
Master |
22-Sep-2015 15:34
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current mkt sentiments not good managed to exit this morning ill try to collect again after it drops
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tangsookiam1947
Master |
22-Sep-2015 15:20
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Sustainable year for the long term = 4 cents or 6.2% based on share price of only 65 cents. Why is 4 cents sustainable over the LONG TERM? 1. CES has been paying out 4cents for the last 5 years since FY2010 to FY2014. For FY14, it paid out 2 extra cents because of exceptionally strong EPS of 44 cents. 2. Construction income + investment properties including hotel operation will ensure that 4 cents can be paid out over many many years to come. 3. CES is still on the lookout for value-for-money investment properties to acquire. This will further strengthen its base of recurring income. With NAV expected to hit ~$1.50 by end of FY15, and ~$1.80 - $1.90 (excluding TM project) by end of FY18, current share price is a steal. |
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feedfrenzy
Veteran |
21-Sep-2015 22:06
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LOL... nasty to say that.. but the sad truth is I agree with bro victortan. IF you truely believe the markets are manipulated, you are free to leave no one forcing you to trade or perhaps rattling your gibbish here gets your notice :D
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