| Latest Forum Topics / Chip Eng Seng |
 Post Reply
|
|
ChipEngS - Low PE, High Yield and High NAV in One
|
|||||
|
Agong1234
Member |
08-Jul-2018 20:06
|
||||
|
x 0
x 0 Alert Admin |
Thx
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
08-Jul-2018 17:09
|
||||
|
x 0
x 1 Alert Admin |
maybe below 70 cents? | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Agong1234
Member |
08-Jul-2018 16:38
|
||||
|
x 0
x 0 Alert Admin |
What would be a good entry price?
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
08-Jul-2018 11:13
|
||||
|
x 0
x 0 Alert Admin |
CES only managed to sell 40% of Colonial Park, leaving about 60% or 500 units. Selling price for the sold units = $1730 PSF on average, only $130 PSF above breakeven price of ~$1600 PSF. hence, profit margin is not a lot. Probably 7-8%. How does CES intend to deal with the remaning 500 units?
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
06-Jul-2018 13:10
|
||||
|
x 0
x 0 Alert Admin |
more selling to come.... | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
tangsookiam1947
Master |
04-Jul-2018 17:19
|
||||
|
x 0
x 0 Alert Admin |
dropping back towards 80 cents again....
|
||||
| Useful To Me Not Useful To Me | |||||
|
CELSupporter
Member |
20-Jun-2018 10:15
|
||||
|
x 0
x 0 Alert Admin |
https://www.smh.com.au/business/companies/cel-australia-banks-on-fishermans-bend-high-rise-20180619-p4zmfb.html News for the South Melbourne project. Initial launching price look very profitable. :) |
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
19-Jun-2018 19:45
|
||||
|
x 0
x 0 Alert Admin |
CES may drop below 80 cents by this week....looking at how much it had been dropping each day...
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
waters
Senior |
17-Jun-2018 18:25
|
||||
|
x 0
x 0 Alert Admin |
Is the construction sector in Sg still bright and rosy? | ||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
17-Jun-2018 00:23
|
||||
|
x 0
x 0 Alert Admin |
plus FED rate hikes. Would be very surprised if CES and other property counters dont drop further by at least 10% or so... | ||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
17-Jun-2018 00:11
|
||||
|
x 0
x 0 Alert Admin |
looks like the decline is going to accelerate since a lot of people might have bought above 90 cents hoping to sell at above $1.10.... But now dropped until below 90 cents...and with the trade war going on....
|
||||
| Useful To Me Not Useful To Me | |||||
|
tangsookiam1947
Master |
04-Jun-2018 22:57
|
||||
|
x 0
x 0 Alert Admin |
Stock market trades ahead .....by the time the whole world knows the news, the counters would have " died down" ....
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Starship
Supreme |
04-Jun-2018 14:42
|
||||
|
x 0
x 0 Alert Admin |
All the property counters continue its sad state of affairs slumping month after month. Despite all the rosy news everyday about record enbloc, high takeup in condo launches and ever-increasing new condo prices. Why the disparity???? |
||||
| Useful To Me Not Useful To Me | |||||
|
CELSupporter
Member |
04-Jun-2018 14:10
|
||||
|
x 0
x 0 Alert Admin |
https://www.hopgoodganim.com.au/page/Publications/HopgoodGanim_acts_in_the_acquisition_of_Sunmoon_Boutique_Resort/ this is intereting. 200 West Coast Highway Scarborough. sold for 8.3 million. https://www.acbr.com.au/3-oceans-ready-start-scarborough Nearby 208 West Coast Highway, project 3ocean is applying the high density high rise project. Seems like somebody is betting on the height limit change in Scarborough. Good thing is that, CES has a piece of land with 3x size more than the Sunmoon boutique hotel land, 242 West Coast Highway. |
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
28-May-2018 15:17
|
||||
|
x 0
x 0 Alert Admin |
Singapore&rsquo s property market is on the cusp of an upcycle recovery across multiple segments from residential, commercial to hospitality. As a reputable homegrown property developer with solid operating and dividend track record, Chip Eng Sengoffers a good investment opportunity for investors to add a proxy to the property market recovery to their portfolio. So far, while a large majority of Chip Eng Seng&rsquo s property inventory has already been sold, profits will only be recognised gradually in the coming years. Looking ahead, Chip Eng Seng holds a solid property portfolio is valued at around $1.15 billion by UOBKH. The portfolio includes a series of future developments in Singapore and Australia. UOBKH notes that the market has been undervaluing Chip Eng Seng due to its long-running litigation involving Melbourne Tower project. However, now with the expected sale of the Melbourne Tower, it could be a good time to buy Chip Eng Seng before it announces a special dividend. UOBKH likes Chip Eng Seng for its position as the cheapest dividend play in the property recovery. With its current 52 percent discount to revised net asset value and a 4.3 percent dividend yield, Chip Eng Seng definitely deserves investors&rsquo attention. BUY, TP $1.38 from Aspire |
||||
| Useful To Me Not Useful To Me | |||||
|
satruz
Master |
15-May-2018 16:31
|
||||
|
x 0
x 0 Alert Admin |
Sleepy fella.... ZZzzzzzzzzzzz | ||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
13-May-2018 22:33
|
||||
|
x 0
x 0 Alert Admin |
I believed that CES will go up to test $1.00 this week. | ||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
08-May-2018 13:14
|
||||
|
x 0
x 0 Alert Admin |
For 1Q18, CES threw up a mixed bag of results with top-line growing 22.3% yoy and gross margin expanding to 21.8% (1Q17: 19.5%), but more than offset by higher administrative expenses and high foreign income tax. Nonetheless, as CES looks to launch its Colonial Park project, we remain confident of its ability to deliver strong results in 2018. Maintain BUY and SOTP-based target price of S$1.38, implying 48.4% upside.
From UOB Kayhian |
||||
| Useful To Me Not Useful To Me | |||||
|
wehuattogether88
Supreme |
08-May-2018 11:45
|
||||
|
x 0
x 0 Alert Admin |
From POEMS https://www.stocksbnb.com/reports/chip-eng-seng-corporation-ltd-continued-momentum-in-residential-inventory-sales/ |
||||
| Useful To Me Not Useful To Me | |||||
|
CELSupporter
Member |
30-Apr-2018 13:45
|
||||
|
x 0
x 0 Alert Admin |
https://www.edgeprop.sg/property-news/sc-global-far-east-consortium-and-new-world-development-sets-benchmark-cuscaden-road-site When the 99-yrs land sale cost become $2,000++ and as a new normal, those developer with land on-hand will have bandwidth to decide whether to join the party to purchase high price land, or choose to wait with no urgent to buy new land. Chip Eng Seng is in a good position. Woodleigh land is a good strategic bid with cost of $1,110 psft. Let' s not forget, Chip Eng Seng have an en-bloc Changi Garden on hand as well, with cost $888 of freehold land 
|
||||
| Useful To Me Not Useful To Me | |||||