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kusje58 Member	14-Nov-2020 10:24        kusje58 About Contact  Quote this Post!
x 0   x 0  Alert Admin	actually i don' t mind low dividends but they need to expand their buybacks. 10k per day a little here and there when the price is so low? crazy. WBdisciple      ( Date: 12-Nov-2020 09:05) Posted: I HAD the same belief previosuly hence i vested into TUAN SING and held on for 3 years plus... If the management can issue bonds at 7.75% yield per year but just paying shareholders 2% per year...how does that unlock value? Their mature freehold prroperties are good to set up a REIT and they did say something about it...but till date no sound no pic... Setting up a reit will enable them to recycle capital and return surplus to sharheolders...BUT nothing is done...i am not as smart as them to accumulate such a good portfolio of property assets in Singapore but it doesnt seem that they are pulling their socks and doing something about it. For Their Jubilee celebration (i think 60 year anniversary), they just double dividend for that one-time...after which they revert back to the low low dividends.. I dun think i can wait for another 60 years....
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WBdisciple Elite	12-Nov-2020 09:05        WBdisciple About Contact  Quote this Post!
x 0   x 0  Alert Admin	I HAD the same belief previosuly hence i vested into TUAN SING and held on for 3 years plus... If the management can issue bonds at 7.75% yield per year but just paying shareholders 2% per year...how does that unlock value? Their mature freehold prroperties are good to set up a REIT and they did say something about it...but till date no sound no pic... Setting up a reit will enable them to recycle capital and return surplus to sharheolders...BUT nothing is done...i am not as smart as them to accumulate such a good portfolio of property assets in Singapore but it doesnt seem that they are pulling their socks and doing something about it. For Their Jubilee celebration (i think 60 year anniversary), they just double dividend for that one-time...after which they revert back to the low low dividends.. I dun think i can wait for another 60 years....
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Dannkh Master	11-Nov-2020 21:06        Dannkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tuan Sing is a good candidate for privatisation. Its RNAV is much higher than its share price. Thot of investing but must keep very long & poor dividend history. The recent sale of Robinson Pt of $500m may enable them to give special dividend or returning some money to shareholders. Fyi, they are doing share buy-back now. So reconsidering investing now. 😎 Superfast      ( Date: 11-Nov-2020 20:05) Posted: Wait.... Hor.... 😂 tritonyeah666      ( Date: 11-Nov-2020 19:19) Posted: Where is the special/substantial dividends they promised shareholders? They said in last AGM there will be something right?
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Superfast Supreme	11-Nov-2020 20:05        Superfast About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wait.... Hor.... 😂 tritonyeah666      ( Date: 11-Nov-2020 19:19) Posted: Where is the special/substantial dividends they promised shareholders? They said in last AGM there will be something right?
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tritonyeah666 Elite	11-Nov-2020 19:19        tritonyeah666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Where is the special/substantial dividends they promised shareholders? They said in last AGM there will be something right?
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St.Maximus Supreme	11-Nov-2020 11:38        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just sell this counter lah! Starship      ( Date: 11-Nov-2020 11:35) Posted: ysh2006      ( Date: 11-Nov-2020 11:30) Posted: Ya ,company halt for just repeat previous announcement for 3 days ?.....Indonesia is virus infected nation..
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Starship Supreme	11-Nov-2020 11:35        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	ysh2006      ( Date: 11-Nov-2020 11:30) Posted: Ya ,company halt for just repeat previous announcement for 3 days ?.....Indonesia is virus infected nation... kusje58      ( Date: 10-Nov-2020 18:15) Posted: not sure what their policy is. but the dividend is shit
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ysh2006 Supreme	11-Nov-2020 11:30        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya ,company halt for just repeat previous announcement for 3 days ?.....Indonesia is virus infected nation... kusje58      ( Date: 10-Nov-2020 18:15) Posted: not sure what their policy is. but the dividend is shit. Dannkh      ( Date: 10-Nov-2020 16:27) Posted: How abt Tuan Sing dividend policy? Good yield investment
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St.Maximus Supreme	11-Nov-2020 11:08        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am sorry to hear. Just stay hopeful and perhaps we may see a trend up kusje58      ( Date: 11-Nov-2020 10:27) Posted: Only if you are short term trader. As an investor, price has been lousy. St.Maximus      ( Date: 10-Nov-2020 18:17) Posted: But its price seems to be moving up. Good on Tuan Sing
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kusje58 Member	11-Nov-2020 10:27        kusje58 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Only if you are short term trader. As an investor, price has been lousy. St.Maximus      ( Date: 10-Nov-2020 18:17) Posted: But its price seems to be moving up. Good on Tuan Sing! kusje58      ( Date: 10-Nov-2020 18:15) Posted: not sure what their policy is. but the dividend is shit
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Starship Supreme	10-Nov-2020 21:17        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tuan Sing inks sale and purchase agreement for Robinson Point divestment TUE, NOV 10, 2020 - 12:39 PM TUAN Sing Holdings is another step closer to completing its proposed divestment of 39 Robinson Road Pte Ltd, which owns freehold office tower Robinson Point, at an agreed property value of S$500 million. The property developer on Tuesday said it has signed the sale and purchase agreement (SPA) for the deal with the buyer, One South Bay Group, and also received a second deposit of S$45 million. Tuan Sing had received the initial deposit of S$5 million  when the binding option agreement was signed in August. The balance of about S$450 million will be paid on completion of the transaction. The agreed property value of S$500 million is subject to adjustments based on, among other things, the net asset value of the target company as at the date of completion of the deal. Conditions precedent include the receipt of all consents and waivers necessary under Tuan Sing' s S$900 million multicurrency medium-term note programme in relation to the proposed disposal. The deal is classified as a major transaction and is thus subject to Tuan Sing shareholders' approval at an extraordinary general meeting, unless waived or exempted by the Singapore Exchange. A circular containing further details on the proposed disposal will be despatched to shareholders in due course, if required. The proposed deal is expected to be completed by end-June 2021, although Tuan Sing noted there is no certainty or assurance that it will be completed. Robinson Point is a 21-storey office building located at 39 Robinson Road in the heart of Singapore' s central business district. The buyer, One South Bay, is an investment holding company incorporated in the British Virgin Islands, according to Tuan Sing' s Aug 7 filing. It is an independent third party that' s not related to Tuan Sing, the latter' s subsidiaries, directors or controlling shareholders. Tuan Sing' s chief executive William Liem said on Tuesday that the proposed sale will be one of the  largest deals in the commercial real estate space  this year. When completed, the divestment of Robinson Point will strengthen the group' s balance sheet and position the group to make new strategic acquisitions and investments in Singapore as well as across the region whenever opportunities arise, Mr Liem added. The property has a gross floor area of some 15,700 square metres (168,993 square feet). Its ground floor is occupied by retail units, and car-park bays are on levels three to five. The remaining floors comprise office units. Asset enhancement works to the main lobby, car-park lobby and loading bay were completed in 2015. In August, Tuan Sing said that the proposed disposal will allow the company to improve capital allocation and optimise returns for its shareholders, in line with its proactive asset management strategy. https://www.businesstimes.com.sg/companies-markets/tuan-sing-inks-sale-and-purchase-agreement-for-robinson-point-divestment
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St.Maximus Supreme	10-Nov-2020 18:17        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	But its price seems to be moving up. Good on Tuan Sing! kusje58      ( Date: 10-Nov-2020 18:15) Posted: not sure what their policy is. but the dividend is shit. Dannkh      ( Date: 10-Nov-2020 16:27) Posted: How abt Tuan Sing dividend policy? Good yield investment
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kusje58 Member	10-Nov-2020 18:15        kusje58 About Contact  Quote this Post!
x 0   x 0  Alert Admin	not sure what their policy is. but the dividend is shit. Dannkh      ( Date: 10-Nov-2020 16:27) Posted: How abt Tuan Sing dividend policy? Good yield investment? Goldfinger      ( Date: 10-Nov-2020 16:23) Posted: It is no secret that Tuan Sing assets are severely undervalued.  RNAV is also much higher than the NAV of 93cents, which is already much higher than the pathetic trading price of 30-31 cents.  This company loves freehold assets like commercial buildings (Robinson Point, 18 Robinson, Link@Bukit Timah, Hyatt Melbourne, Hyatt Perth) etc and developing large scale projects overseas in Batam (Opus Bay), Bali and Hainan.  It also owns Gultech which is finally doing very well. So a low-ball privatisation by the 50+% major shareholder can allow them to take over cheaply and strip the assets clean and sell them off. Not rocket science right?
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Dannkh Master	10-Nov-2020 16:27        Dannkh About Contact  Quote this Post!
x 0   x 0  Alert Admin	How abt Tuan Sing dividend policy? Good yield investment? Goldfinger      ( Date: 10-Nov-2020 16:23) Posted: It is no secret that Tuan Sing assets are severely undervalued.  RNAV is also much higher than the NAV of 93cents, which is already much higher than the pathetic trading price of 30-31 cents.  This company loves freehold assets like commercial buildings (Robinson Point, 18 Robinson, Link@Bukit Timah, Hyatt Melbourne, Hyatt Perth) etc and developing large scale projects overseas in Batam (Opus Bay), Bali and Hainan.  It also owns Gultech which is finally doing very well. So a low-ball privatisation by the 50+% major shareholder can allow them to take over cheaply and strip the assets clean and sell them off. Not rocket science right? WBdisciple      ( Date: 10-Nov-2020 14:27) Posted: I question the need to do trading HALT for NEWS that has been announced before... Quite a waste of everyone' s effort to guess...AND honestly, i do not think privatisation is coming for Tuan Sing because there is no competitor for it. Why would current major shareholders suddenly sit up and do something WHEN they remain in control.
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Goldfinger Supreme	10-Nov-2020 16:23        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is no secret that Tuan Sing assets are severely undervalued.  RNAV is also much higher than the NAV of 93cents, which is already much higher than the pathetic trading price of 30-31 cents.  This company loves freehold assets like commercial buildings (Robinson Point, 18 Robinson, Link@Bukit Timah, Hyatt Melbourne, Hyatt Perth) etc and developing large scale projects overseas in Batam (Opus Bay), Bali and Hainan.  It also owns Gultech which is finally doing very well. So a low-ball privatisation by the 50+% major shareholder can allow them to take over cheaply and strip the assets clean and sell them off. Not rocket science right? WBdisciple      ( Date: 10-Nov-2020 14:27) Posted: I question the need to do trading HALT for NEWS that has been announced before... Quite a waste of everyone' s effort to guess...AND honestly, i do not think privatisation is coming for Tuan Sing because there is no competitor for it. Why would current major shareholders suddenly sit up and do something WHEN they remain in control. SmallSmall      ( Date: 10-Nov-2020 11:31) Posted: Tuan Sing divests Robinson Point for $500 million ? In line with the Group?s proactive asset management and value creation strategy ? One of the landmark property transactions this year despite challenging macroeconomic environment SINGAPORE - [10 Nov 2020] - SGX Mainboard-listed Tuan Sing Holdings Limited (?Tuan Sing? or the ?Group?), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is gearing up to complete one of the largest commercial real estate transactions this year with the signing of the Sale and Purchase Agreement (?SPA?) for the divestment of 100% of the issued shares of 39 Robinson Road Pte. Ltd., which is the registered owner of Robinson Point (?Robinson Point?), at an agreed property value of $500 million.
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ysh2006 Supreme	10-Nov-2020 16:16        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why you expect the company also announce " Sheme of arrangement" to take over at 25c ?.....(This price was six months ago)  Goldfinger      ( Date: 10-Nov-2020 11:57) Posted: Anything in the 50-60 cents range is not unfair. Anyway, this sale will pare down debt levels and reduce gearing.  So, not a bad thing. kusje58      ( Date: 10-Nov-2020 11:56) Posted: What' s low ball? Will you take 50c
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WBdisciple Elite	10-Nov-2020 14:27        WBdisciple About Contact  Quote this Post!
x 0   x 0  Alert Admin	I question the need to do trading HALT for NEWS that has been announced before... Quite a waste of everyone' s effort to guess...AND honestly, i do not think privatisation is coming for Tuan Sing because there is no competitor for it. Why would current major shareholders suddenly sit up and do something WHEN they remain in control. SmallSmall      ( Date: 10-Nov-2020 11:31) Posted: Tuan Sing divests Robinson Point for $500 million ? In line with the Group?s proactive asset management and value creation strategy ? One of the landmark property transactions this year despite challenging macroeconomic environment SINGAPORE - [10 Nov 2020] - SGX Mainboard-listed Tuan Sing Holdings Limited (?Tuan Sing? or the ?Group?), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is gearing up to complete one of the largest commercial real estate transactions this year with the signing of the Sale and Purchase Agreement (?SPA?) for the divestment of 100% of the issued shares of 39 Robinson Road Pte. Ltd., which is the registered owner of Robinson Point (?Robinson Point?), at an agreed property value of $500 million.
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Goldfinger Supreme	10-Nov-2020 11:57        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anything in the 50-60 cents range is not unfair. Anyway, this sale will pare down debt levels and reduce gearing.  So, not a bad thing. kusje58      ( Date: 10-Nov-2020 11:56) Posted: What' s low ball? Will you take 50c? Goldfinger      ( Date: 10-Nov-2020 11:39) Posted: Wierd they needed a 3 day suspension and a weekend for this.  Its already announced right.  Anyway, thankfully, no Low-Ball takeover
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kusje58 Member	10-Nov-2020 11:56        kusje58 About Contact  Quote this Post!
x 0   x 0  Alert Admin	What' s low ball? Will you take 50c? Goldfinger      ( Date: 10-Nov-2020 11:39) Posted: Wierd they needed a 3 day suspension and a weekend for this.  Its already announced right.  Anyway, thankfully, no Low-Ball takeover, SmallSmall      ( Date: 10-Nov-2020 11:31) Posted: Tuan Sing divests Robinson Point for $500 million ? In line with the Group?s proactive asset management and value creation strategy ? One of the landmark property transactions this year despite challenging macroeconomic environment SINGAPORE - [10 Nov 2020] - SGX Mainboard-listed Tuan Sing Holdings Limited (?Tuan Sing? or the ?Group?), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is gearing up to complete one of the largest commercial real estate transactions this year with the signing of the Sale and Purchase Agreement (?SPA?) for the divestment of 100% of the issued shares of 39 Robinson Road Pte. Ltd., which is the registered owner of Robinson Point (?Robinson Point?), at an agreed property value of $500 million.
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St.Maximus Supreme	10-Nov-2020 11:49        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	No, thank God! But they may want a lower ball price in future. Goldfinger      ( Date: 10-Nov-2020 11:39) Posted: Wierd they needed a 3 day suspension and a weekend for this.  Its already announced right.  Anyway, thankfully, no Low-Ball takeover, SmallSmall      ( Date: 10-Nov-2020 11:31) Posted: Tuan Sing divests Robinson Point for $500 million ? In line with the Group?s proactive asset management and value creation strategy ? One of the landmark property transactions this year despite challenging macroeconomic environment SINGAPORE - [10 Nov 2020] - SGX Mainboard-listed Tuan Sing Holdings Limited (?Tuan Sing? or the ?Group?), a fast-growing, diversified regional real estate company focused on property development and investment, hotel investment and industrial services, is gearing up to complete one of the largest commercial real estate transactions this year with the signing of the Sale and Purchase Agreement (?SPA?) for the divestment of 100% of the issued shares of 39 Robinson Road Pte. Ltd., which is the registered owner of Robinson Point (?Robinson Point?), at an agreed property value of $500 million.
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