| Latest Forum Topics / Oxley Last:0.078 -- |
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Is Oxley a good buy at current price?
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raptor87
Member |
17-Dec-2019 13:52
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From Oxley' s latest press release on Dublin development sales: " Total consideration from the development and sale of the commercial and residential developments is EUR745.4 million and the Group is entitled to EUR591.5 million while National Asset North Quays DAC receives the balance.  " For overseas development, cash is only received upon completion and not as the properties are completed, like in SG. This should really swell OHL' s cash balances. Could total ~$1.4b - $1.5b cash by Jun 2020. (After recent redemption of its $300m retail bond in Nov, probably ~$150m left currently sitting on its balance sheet. Add in recent UE share sale (~$300m), and Dublin and other progressive development sales cash receipts over 1H2020  (~$1b)  = est. $1.4b - $1.5b) Distributing just a quarter    of this cash balance as dividends  (let us  assume, to be conservative, that they decide to keep the rest for accumulating land bank for the next cycle of developments) gives around 8 cents per share. Note that this does not even include sale of their hotel assets.  
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pc1234
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17-Dec-2019 09:33
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Not flying leh.... :(
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raptor87
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16-Dec-2019 23:03
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That' s some very decent sales given the subdued economic environment. 
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superstartup
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16-Dec-2019 18:42
Yells: "Enjoy doing Fundamental Research" |
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Yeah!
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look@bright
Elite |
16-Dec-2019 17:45
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Ox will fly tmr.. | |||||||
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Goldfinger
Supreme |
16-Dec-2019 17:36
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They have been selling lots of their SG condos, and just sold the last of their Dublin Landings commercial buildings.  They are raising lots of cash from these sales.  I hope they will be very very generous indeed with dividends to have a memorable 10th Anniversary.
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superstartup
Supreme |
16-Dec-2019 16:40
Yells: "Enjoy doing Fundamental Research" |
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Churning at 35.5 like no end. Move la Ox. . . Am so heavily invested in you. . . Give me at least 40 this month can? | |||||||
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mikewb21
Senior |
16-Dec-2019 15:45
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raptor87
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11-Dec-2019 21:14
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I actually prefer if they hold Stevens hotels and get recurring income so it can move its business model away from development to real estate holding company. They intended to hold Chevron to also to diversify and earn commercial/retail property income. Doing so reduce share price volatility. If remain as a developer, then they need to restock land bank and launch developments which is very risky. 
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Goldfinger
Supreme |
11-Dec-2019 20:30
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Please sell Stevens hotels and cut debts and pay more dividends!!! | |||||||
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raptor87
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11-Dec-2019 16:21
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0.355 got decent buy order volume and more than offer volume at 0.36. This is good. Hope the offers at 0.36 gets taken out.  | |||||||
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tohchinhwee
Senior |
11-Dec-2019 09:42
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The Ox starts moving | |||||||
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superstartup
Supreme |
09-Dec-2019 09:15
Yells: "Enjoy doing Fundamental Research" |
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Buy & Sell price volume in our favour now. Can we move today? Just a tiny step forward also can.
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superstartup
Supreme |
06-Dec-2019 09:12
Yells: "Enjoy doing Fundamental Research" |
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Saw that. Very nice. The last 2 to 3 weeks saw fierce accumulation at 0.355. Hope to see 0.36 get punched through soon.
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tohchinhwee
Senior |
06-Dec-2019 09:03
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Volume of buy and sell price almost the same. Once 36cents cleared, ox will charge up fiercely. | |||||||
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tohchinhwee
Senior |
05-Dec-2019 14:15
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Waiting to break 36cents to move higher. | |||||||
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look@bright
Elite |
05-Dec-2019 11:19
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BB still  accumulating.. | |||||||
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superstartup
Supreme |
05-Dec-2019 11:13
Yells: "Enjoy doing Fundamental Research" |
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Fatty Ox just can' t move. | |||||||
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raptor87
Member |
01-Dec-2019 19:29
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Both of them will yield a total of > $200m if they declare all the proceeds from UE sale as dividends. Imagine that.  Huat till donno where. 
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Goldfinger
Supreme |
01-Dec-2019 17:45
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Well I would not mind a 5 cent per share dividend either.
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