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Qanghoo Supreme	21-May-2015 07:53        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Actually I thought the practice to value property counters used to be via NAV n RNAV.  But of course counters n CES n LB were primarily construction n civil-engineering related businesses in the first instance.  Property was seized by the  astute n quick-minded  coy  bosses to strike while the iron is hot so to speak, n  to also boost their  activities  through inhouse property construction.  In any case, whichever yardstick is used, a lot of counters here are just dead.  It' s more an sgx disease.  If we look at  PE, the average PE is around 12 to 13.  But a lot of counters languishing at PEs  < 10, many < 5 too.  Then we look at future prospects as a tp evaluator also can' t explain why so many counters dead.  To me, our  mkt is just being over-controlled by chng kays.  Px  squeezed down until cheap cheap to force weak holders to hand over.  Then when they have collected enough, suddenly shout ' undervalue' n px shoot up at rocket speed.    victortan      ( Date: 21-May-2015 00:19) Posted: I think NAV shd not be use to value a shr price. If that is the case, then many counter would hv soar. Lot of good counters are trading close to half their nav. I think mkt still prefer to look to future growth. Qanghoo      ( Date: 20-May-2015 14:44) Posted: CES NAV now shd be around 1.40.  So, if 80c really quite cheap to buy.  If go down 75 or 70 better still.
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victortan Elite	21-May-2015 00:19        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think NAV shd not be use to value a shr price. If that is the case, then many counter would hv soar. Lot of good counters are trading close to half their nav. I think mkt still prefer to look to future growth. Qanghoo      ( Date: 20-May-2015 14:44) Posted: CES NAV now shd be around 1.40.  So, if 80c really quite cheap to buy.  If go down 75 or 70 better still.  bishan22      ( Date: 20-May-2015 11:42) Posted: Still finding its support price. No hurry to jump in yet.....
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tangsookiam1947 Master	20-May-2015 23:42        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	problem is that can CES still maintain 4 cent regular dividend ??
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Qanghoo Supreme	20-May-2015 14:44        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	CES NAV now shd be around 1.40.  So, if 80c really quite cheap to buy.  If go down 75 or 70 better still.  bishan22      ( Date: 20-May-2015 11:42) Posted: Still finding its support price. No hurry to jump in yet.....
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bishan22 Supreme	20-May-2015 11:42        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still finding its support price. No hurry to jump in yet.....
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tangsookiam1947 Master	20-May-2015 11:23        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	look like 80 cent might be hit....still lots of selling pressure...
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sengsk Elite	19-May-2015 10:43        sengsk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today, seems to be the right time for entry........... Lionel84      ( Date: 19-May-2015 09:32) Posted: give me an example of a property developer company who has record profits year after year, if you managed to find one, please kindly let me know property counters shouldn' t be judged just on earnings alone, there are also other impt factors, such as NAV tangsookiam1947      ( Date: 18-May-2015 14:58) Posted: how come can drop so much compared to 2014 (44 cents)?
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Lionel84 Member	19-May-2015 10:31        Lionel84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	explaining things to you is like vomiting blood tangsookiam1947      ( Date: 19-May-2015 10:10) Posted: After Fulcrum and nine resid/junction 9, CES will have NO PROJECTS to TOP in 2016??? Am I correct????  this means that the EPS for 2016 will be very bad???? So, if we buy now, people will compare with 2014 and say 2015 results is a Big drop. Moreover, 2016 results will even be worse rite??? No wonder share price dropped and dropped??? Lionel84      ( Date: 19-May-2015 09:32) Posted: give me an example of a property developer company who has record profits year after year, if you managed to find one, please kindly let me know property counters shouldn' t be judged just on earnings alone, there are also other impt factors, such as NAV
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HVRRVH Elite	19-May-2015 10:30        HVRRVH About Contact  Quote this Post!
x 0   x 0  Alert Admin	Early promotor ran with money liao. Nowadays didnt even post to instil confidence anymore. Got new targets it seem.
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tangsookiam1947 Master	19-May-2015 10:10        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	After Fulcrum and nine resid/junction 9, CES will have NO PROJECTS to TOP in 2016??? Am I correct????  this means that the EPS for 2016 will be very bad???? So, if we buy now, people will compare with 2014 and say 2015 results is a Big drop. Moreover, 2016 results will even be worse rite??? No wonder share price dropped and dropped??? Lionel84      ( Date: 19-May-2015 09:32) Posted: give me an example of a property developer company who has record profits year after year, if you managed to find one, please kindly let me know property counters shouldn' t be judged just on earnings alone, there are also other impt factors, such as NAV tangsookiam1947      ( Date: 18-May-2015 14:58) Posted: how come can drop so much compared to 2014 (44 cents)?
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Lionel84 Member	19-May-2015 09:32        Lionel84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	give me an example of a property developer company who has record profits year after year, if you managed to find one, please kindly let me know property counters shouldn' t be judged just on earnings alone, there are also other impt factors, such as NAV tangsookiam1947      ( Date: 18-May-2015 14:58) Posted: how come can drop so much compared to 2014 (44 cents)?
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Jimmykohkk Master	19-May-2015 09:22        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lian Beng: NTA 80+ cents. Progressive profits coming in for the following: 1)  Midtown (TOP 2018), 96% sold 2)  Spottiswoode Suites (TOP 2017), 78% sold 3) Projects conducted by associates, including NEWest and KAP Residences(TOP 2017) ,    over 90%  sold 4)  Industrial building  at Mandai Link , Mandai foodlink (TOP 2017), 93% sold    (FULL profit recognise in 2017) 5) Workers' dormitory and training centre for The Association of Process Industry (" ASPRI" ) at Jalan Papan.  (TOP mid-2016)  for recurring income 6)  Prudential Tower from Keppel Reit, EPIC land, floor units selling or for rental for recurring income Other Catalysts: 1) Share buyback 2) Listing of Engineering devision 3) Award of public construction projects
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Jimmykohkk Master	19-May-2015 09:20        Jimmykohkk About Contact  Quote this Post!
x 0   x 0  Alert Admin	can consider Lian Beng cos Lian Beng' s properties most TOP 2016 to 2017 tangsookiam1947      ( Date: 19-May-2015 09:18) Posted: After Fulcrum and nine resid/junction 9, CES will have NO PROJECTS to TOP in 2016???   Am I correct????  this means that the EPS for 2016 will be very bad????   So, if we buy now, people will compare with 2014 and say 2015 results is a Big drop. Moreover, 2016 results will even be worse rite???   No wonder share price dropped and dropped???
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tangsookiam1947 Master	19-May-2015 09:18        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	After Fulcrum and nine resid/junction 9, CES will have NO PROJECTS to TOP in 2016???   Am I correct????  this means that the EPS for 2016 will be very bad????   So, if we buy now, people will compare with 2014 and say 2015 results is a Big drop. Moreover, 2016 results will even be worse rite???   No wonder share price dropped and dropped???
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tangsookiam1947 Master	18-May-2015 14:58        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	how come can drop so much compared to 2014 (44 cents)?
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Lionel84 Member	18-May-2015 14:55        Lionel84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	estimated eps for 2015 : 21 cents, i  believed it is also mentioned in earlier posts bad or not, it is up to u to decide
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tangsookiam1947 Master	18-May-2015 14:36        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Could it be that market is pricing in a very bad performance for 2015 results, given that there is only two projects to be TOPed in 2015?   Fulcrum and 9 Resi/Junction 9.   And sales for Fulcrum have been very bad to date ??
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tangsookiam1947 Master	18-May-2015 14:20        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yah. If I were company, I would only buy back at around 75 cents. No more buy back now....   Save money :)
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Lionel84 Member	18-May-2015 14:13        Lionel84 About Contact  Quote this Post!
x 0   x 0  Alert Admin	if, IF,   i' m the management, i would wait for the weak players to be flushed out first, then only come in to buy back shares what for buy now when I can buy them cheaper?
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Qanghoo Supreme	18-May-2015 14:11        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	What happened to the share buybacks?  Coy no more $$$$? tangsookiam1947      ( Date: 18-May-2015 14:05) Posted: Yah, looks like 80 cent is going to be breached soon....
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