logo transparent gif
top_white_spacer
Home Latest Stock Forum Topics MyCorner - Personal Stocks Porfolio Stock Lists Investor Insights Investor Research & Links Dynamic Stock Charting FREE Registration About Us top spacer top spacer
 User Password Auto-Login
Enter Stock
 
righttip
branding

Back
First   < Newer   841-860 of 1093   Older>   Last  
Latest Forum Topics / Tuan Sing    Last:0.315    -0.005  Post Reply
Special Dividend May Be Incoming
Nippon72
Veteran
23-May-2021 17:41     
 
Nippon72 About Contact  Quote this Post! Style: Fundamental   Mood: cool
Yells: "Dude, is ALWAYS Time in the market than Timing the market! "
  x 0
  x 0

 Alert Admin 		Keep long long because of NAV, hidden gem like Gultech and Robinson under its wing. 
 
 Useful To Me  Not Useful To Me
ysh2006
Supreme
23-May-2021 16:03     
 
ysh2006 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		AGM non event lah every resolution 100% passed and QA just go thru motion talk talk about dividend need preserve cash lah etc...Gultech no schedule when to sell and Robinson too!!...all NATO...

Goldfinger      ( Date: 09-May-2021 16:25) Posted:

Not too sure, but they are currently doing some M& A eg the Gultech China deal, and some large scale mega-projects, eg Opus Bay - so they may need more updated skill sets.  I take this as neutral.  The more worrying ones are when the CFO resigns and there is no replacement.

investshare      ( Date: 09-May-2021 15:53) Posted:

Normally cfo change mean no good.
 Useful To Me  Not Useful To Me


Goldfinger
Supreme
09-May-2021 16:25     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Not too sure, but they are currently doing some M& A eg the Gultech China deal, and some large scale mega-projects, eg Opus Bay - so they may need more updated skill sets.  I take this as neutral.  The more worrying ones are when the CFO resigns and there is no replacement.

investshare      ( Date: 09-May-2021 15:53) Posted:

Normally cfo change mean no good.
 Useful To Me  Not Useful To Me
investshare
Supreme
09-May-2021 15:53     
 
investshare About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Normally cfo change mean no good.
 Useful To Me  Not Useful To Me
ysh2006
Supreme
09-May-2021 07:50     
 
ysh2006 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		This CFO every one two year change job his seat not warm want to run liow...

Joelton      ( Date: 08-May-2021 20:36) Posted:

Change of CFO for Tuan Sing Holdings as outgoing executive ' pursues personal interest'
REAL estate player Tuan Sing Holdings is changing its group chief financial officer (CFO), as the outgoing executive leaves " to pursue personal interest" .
 
Tan Choong Kiak, who is now executive director in the chief executive' s office, will take over as CFO on May 8, according to a bourse filing on Friday.
 
He replaces Leong Kok Ho, 57, who has held the job since August 2018 but is reportedly leaving full-time employment for his personal interests.
 
Tuan Sing affirmed in its filing that there are no unresolved differences in opinion on material matters between Mr Leong and the board, or other issues that should be raised to shareholders.
 
Mr Tan, 53, joined Tuan Sing in August 2020 and " has the requisite experience and capacity" for his new role, in the view of the board.
 
He was previously senior vice-president at Resorts World Sentosa from 2016 to 2020, and CFO of Singapore Zoo operator Wildlife Reserves Singapore from 2013 to 2016.
 Useful To Me  Not Useful To Me


Joelton
Supreme
08-May-2021 20:36     
 
Joelton About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin
Change of CFO for Tuan Sing Holdings as outgoing executive ' pursues personal interest'
REAL estate player Tuan Sing Holdings is changing its group chief financial officer (CFO), as the outgoing executive leaves " to pursue personal interest" .
 
Tan Choong Kiak, who is now executive director in the chief executive' s office, will take over as CFO on May 8, according to a bourse filing on Friday.
 
He replaces Leong Kok Ho, 57, who has held the job since August 2018 but is reportedly leaving full-time employment for his personal interests.
 
Tuan Sing affirmed in its filing that there are no unresolved differences in opinion on material matters between Mr Leong and the board, or other issues that should be raised to shareholders.
 
Mr Tan, 53, joined Tuan Sing in August 2020 and " has the requisite experience and capacity" for his new role, in the view of the board.
 
He was previously senior vice-president at Resorts World Sentosa from 2016 to 2020, and CFO of Singapore Zoo operator Wildlife Reserves Singapore from 2013 to 2016.
 Useful To Me  Not Useful To Me
Nippon72
Veteran
06-May-2021 08:27     
 
Nippon72 About Contact  Quote this Post! Style: Fundamental   Mood: cool
Yells: "Dude, is ALWAYS Time in the market than Timing the market! "
  x 0
  x 0

 Alert Admin 		I would prefer it to steadily climb 1c per week. More realistic, slowly but surely kind. Accumulating as part of my retirement portfolio using CPF.
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
05-May-2021 22:07     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Am good if this stabilises or climbs up to 1 cent per day, a slow and steady climb builds a strong base.

eric998      ( Date: 05-May-2021 15:57) Posted:

now enticing retailers to buy the 445 and above.. hope shortists and profit-taking dont come in so fast..
 Useful To Me  Not Useful To Me


SmallSmall
Supreme
05-May-2021 16:33     
 
SmallSmall About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin

DBS Group Research has maintained its " buy" call on real estate company Tuan Sing Holdings, raising its target price to S$0.54, from S$0.46 previously.

In its Wednesday report, DBS cited improved office fundamentals,  the upcoming launch of projects in Opus Bay  and the potential initial public offering (IPO) of Gultech (Jiangsu) Electronics (GJE) as reasons for seeing good value in the stock.

This comes after  Tuan Sing: T24 +8.64%  announced on Sunday that its 44.5 per cent-owned associated company  Gultech China has agreed to sell 13 per cent of the shares  it holds in printed circuit board (PCB) supplier GJE, which is evaluating a possible listing in China.

The transaction price of 435 million yuan (S$89 million) implies a valuation of about 3.35 billion yuan for the PCB firm, Tuan Sing said in a filing released on Sunday.
 


Analysts noted that the stake sale marks " another step to unlock value" , and that a potential GJE IPO could almost double Tuan Sing' s market capitalisation in theory, and bring it up to an estimated S$830 million.
After divestment to private equity partners, Tuan Sing' s effective interest in GJE will fall to an estimated 38.7 per cent, according to DBS. However, analysts noted that GJE' s earnings growth may accelerate with help from its partners.

Apart from the divestment, DBS analysts said that the Singapore private property market has held up well amid the pandemic, and a successful launch of Peak Residence, a freehold condominium under the real estate company, could catalyse share price.

According to the analysts, the current target price of S$0.54 is based on sum-of-the-parts valuation. The brokerage assumes a valuation of 11 times its FY21 price-to-earnings ratio for GJE, a 60 per cent discount to revalued net asset value of S$971.2 million, and a further 10 per cent conglomerate discount.

DBS' s current target price represents a price-to-book value of 0.55 times compared to the current 0.41 times and peers' 0.51 times.

The analysts noted that key risks for the stock include the resurgence of Covid-19 infections which could lead to construction delays, factory and hotel disruptions, foreign exchange risk, a soft office market and a termination of Robinson Point sale.

Further, DBS raises Tuan Sing' s FY21 earnings forecast by about 16 per cent to account for the gain in the sale of GJE, although the analysts noted that the gain in sale was slightly mitigated by deferred growth for the property segment due to construction slowdowns.

While the stock is now nearing one standard deviation above its three-year historical mean price to net asset value ratio, analysts find that the stock " offers compelling value" especially if GJE' s IPO takes place.

Further, the management has also shown a knack for unlocking value through its divestments of Robinson Point and the stake in GJE, DBS analysts said.

As at 3.29pm,  Tuan Sing' s shares  were trading 7.4 per cent or three Singapore cents higher at 43.5 cents.
 Useful To Me  Not Useful To Me
Stanton
Veteran
05-May-2021 15:58     
 
Stanton About Contact  Quote this Post!  
  x 1
  x 0

 Alert Admin 		Gul Tech is in a sweet spot, PCB business is booming especially for those with customers in automotive sector and networking (5G) equipments. HDI Pcb and FR4 laminates which I saw from website Gul Tech produces are in short supply. ASP has gone up and can expect good numbers from Gul tech. Perfect timing for China IPO.
 Useful To Me  Not Useful To Me
eric998
Supreme
05-May-2021 15:57     
 
eric998 About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		now enticing retailers to buy the 445 and above.. hope shortists and profit-taking dont come in so fast..
 Useful To Me  Not Useful To Me
Goldfinger
Supreme
05-May-2021 15:43     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		OK, at this buying volume, will hold until the China IPO.  This is such a wonderful gift that dropped from Heaven.  I only expected the sale of GutTech. Never imagined a listing in China stock exchange.  Great plan.  I like.
 Useful To Me  Not Useful To Me


Goldfinger
Supreme
05-May-2021 15:24     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Yah - the buying volume is really rather large.  THink the China listing has woken everyone up.

iinvestor      ( Date: 05-May-2021 15:17) Posted:

Big funds are buying.....its a no brainer.. 😉

 Useful To Me  Not Useful To Me
iinvestor
Veteran
05-May-2021 15:17     
 
iinvestor About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Big funds are buying.....its a no brainer.. 😉
 Useful To Me  Not Useful To Me
SmallSmall
Supreme
05-May-2021 15:13     
 
SmallSmall About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Last call to clear $0.435

SmallSmall      ( Date: 05-May-2021 15:09) Posted:

Back to the high ! $0.45 here we come
 Useful To Me  Not Useful To Me
SmallSmall
Supreme
05-May-2021 15:09     
 
SmallSmall About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Back to the high ! $0.45 here we come
 Useful To Me  Not Useful To Me
desmondxyz
Veteran
05-May-2021 14:47     
 
desmondxyz About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Extraordinary volume today!
 Useful To Me  Not Useful To Me
superstartup
Supreme
05-May-2021 14:45     
 
superstartup About Contact  Quote this Post! Style: Fundamental  
Yells: "Enjoy doing Fundamental Research"
  x 0
  x 0

 Alert Admin 		Just providing the link in advance for the application for the China listing.
Over here, you can check the listing application and status.

http://www.csrc.gov.cn/pub/newsite/fxjgb/xzxk/jggs/

As mentioned, just providing the link in advance as sometimes quite tiring for me to check on a number of stuff manually, and am ok to share.

And if Bros here along the way find out any latest status, like the company has submitted the application, do share over here.
Thank you in advance.
 

Goldfinger      ( Date: 05-May-2021 14:32) Posted:

Please list this GulTech gem in China stock market and achieve the PE of 29x - we love you so much!!!!

Goldfinger      ( Date: 05-May-2021 14:18) Posted:

I  love this sentence.  No selling my TS shares now....  market cap of $830mio means like each share is trading at 80 cents by then....

" GulTech IPO could almost double Tuan Sing&rsquo s market cap in theory.  Our c.S$700m valuation of GulTech was based on 11.0x FY21F PE which translates into a historical PE of c.12x. GulTech&rsquo s peers in China are however trading at a higher historical PE of between 20x and 43x (average c.29x). Assuming a conservative PE of 22.0x, GulTech would be worth S$1.3bn and Tuan Sing&rsquo s remaining stake (after the divestment above) would be worth c.S$486m vs Tuan Sing&rsquo s current market cap of c.S$480m. Accounting for this GulTech valuation, Tuan Sing&rsquo s potential market cap could surge to c.S$830m."


 Useful To Me  Not Useful To Me
Goldfinger
Supreme
05-May-2021 14:32     
 
Goldfinger About Contact  Quote this Post!  
  x 0
  x 0

 Alert Admin 		Please list this GulTech gem in China stock market and achieve the PE of 29x - we love you so much!!!!

Goldfinger      ( Date: 05-May-2021 14:18) Posted:

I  love this sentence.  No selling my TS shares now....  market cap of $830mio means like each share is trading at 80 cents by then....

" GulTech IPO could almost double Tuan Sing&rsquo s market cap in theory.  Our c.S$700m valuation of GulTech was based on 11.0x FY21F PE which translates into a historical PE of c.12x. GulTech&rsquo s peers in China are however trading at a higher historical PE of between 20x and 43x (average c.29x). Assuming a conservative PE of 22.0x, GulTech would be worth S$1.3bn and Tuan Sing&rsquo s remaining stake (after the divestment above) would be worth c.S$486m vs Tuan Sing&rsquo s current market cap of c.S$480m. Accounting for this GulTech valuation, Tuan Sing&rsquo s potential market cap could surge to c.S$830m."

Goldfinger      ( Date: 05-May-2021 14:13) Posted:

No wonder.  At least DBS has the guts to stick out with this type of call
 Useful To Me  Not Useful To Me
superstartup
Supreme
05-May-2021 14:28     
 
superstartup About Contact  Quote this Post! Style: Fundamental  
Yells: "Enjoy doing Fundamental Research"
  x 0
  x 0

 Alert Admin 		One of the few mid-caps that can use CPF to buy (and hold).

But please do your own DD, k.

Goldfinger      ( Date: 05-May-2021 14:18) Posted:

I  love this sentence.  No selling my TS shares now....  market cap of $830mio means like each share is trading at 80 cents by then....

" GulTech IPO could almost double Tuan Sing&rsquo s market cap in theory.  Our c.S$700m valuation of GulTech was based on 11.0x FY21F PE which translates into a historical PE of c.12x. GulTech&rsquo s peers in China are however trading at a higher historical PE of between 20x and 43x (average c.29x). Assuming a conservative PE of 22.0x, GulTech would be worth S$1.3bn and Tuan Sing&rsquo s remaining stake (after the divestment above) would be worth c.S$486m vs Tuan Sing&rsquo s current market cap of c.S$480m. Accounting for this GulTech valuation, Tuan Sing&rsquo s potential market cap could surge to c.S$830m."

Goldfinger      ( Date: 05-May-2021 14:13) Posted:

No wonder.  At least DBS has the guts to stick out with this type of call
 Useful To Me  Not Useful To Me
                                                         First   < Newer   841-860 of 1093   Older>   Last  



ShareJunction Version: 27 Nov 2020 ver- All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.