Latest Forum Topics / SingHoldings Last:0.35 -- |
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Sing Holdings - Grossly undervalued
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TAN888
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18-Mar-2025 22:40
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I have noted this since Aug 2024 too. This might be raised in the run up to the AGM.
I believe the leadership is serious in bidding but 4-time fallen short - will lead to higher land costs in an appreciating environment.
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stockinvestor
Master |
18-Mar-2025 22:32
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but this is the 4th time that Sing Holdings has come in 2nd since they re-started bidding for land last August.
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TAN888
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18-Mar-2025 20:03
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  A tie-up between SingHaiyi Group and Haiyi Holdings has placed the top bid of S$658.9 million or about S$1,388 per square foot per plot ratio (psf ppr) for a 99-year leasehold private housing plot next to Bayshore MRT station.  The second-highest bid, from Sing Holdings, was S$1,377 psf pp second place - almost there! |
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TAN888
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14-Mar-2025 23:03
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There are 3 URA tenders submission in March and April 2025 - Bayshore, Lentor Gardens and Media Circle Parcel B.
Getting crucial for Sing to secure new land. If no deal, what?s next for Sing with AGM coming as missing on land will lead to a year of delayed earnings. |
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stockinvestor
Master |
21-Feb-2025 13:30
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A single buy order of 350,000 shares cleared the sellers at $0.350, $0.355 and $0.360 after lunch. | ||||
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stockinvestor
Master |
21-Feb-2025 09:37
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unlike previous results announcements which were non-events or 1 day fizzles, there seems to be some intrest today (3rd day).  decent buying observed at .345 after buyers quietly cleared out .335 and .34 in the past 2 days.
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MrBear12
Supreme |
19-Feb-2025 15:30
![]() Yells: "A retired bear will still always be a bear" |
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Just keep, forget about it, and one day... ... someone will offer a good price for it. But not for the moment.  
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stockinvestor
Master |
19-Feb-2025 15:16
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we wish but we can only wish hahaha
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MrBear12
Supreme |
19-Feb-2025 14:52
![]() Yells: "A retired bear will still always be a bear" |
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No, liquidate company and return all capital to Shareholders
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stockinvestor
Master |
19-Feb-2025 14:51
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" close down" = privatise?  lol.  he should privatise.  probably can make another 100m from lowballing shareholders.
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MrBear12
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19-Feb-2025 08:47
![]() Yells: "A retired bear will still always be a bear" |
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Too small to compete. Shld merge with bigger entity. Or close down
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stockinvestor
Master |
19-Feb-2025 08:42
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they' ve been trying but unfortunately coming in 2nd a few times already behind Guocoland/Hong Leong partnership twice and behind Hoi Hup Sunway once.
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MrBear12
Supreme |
18-Feb-2025 22:38
![]() Yells: "A retired bear will still always be a bear" |
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If they do not secure land, their business will go downhill. Go secure land first lah. | ||||
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stockinvestor
Master |
18-Feb-2025 21:50
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they will be sitting on > $300m in net cash if they do not manage to secure any landbank.
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stockinvestor
Master |
18-Feb-2025 21:48
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they seem to have a long term formula for earnings and dividends which over the long run only pays out 25% of dividends and reinvests 75% into the next plot.  So if u take 32c EPS, 25% is 8c.  they paid out 4 or 5*1c during the past few years while shareholders waited so that means only 2 or 3c hahaha.  I hope they can be more generous since this will be their biggest ever record profit.
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investshare
Supreme |
18-Feb-2025 21:41
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30c dividend???
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stockinvestor
Master |
18-Feb-2025 21:36
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but that is next february' s announcement unless they decide to pay something out at August H1 results announcement (assuming TOP in H1 2025). Double dividend from 1c to 2c should be no issue (they have paid 1.85c on lesser profits before in FY2019) but it is too little and would be an insult to shareholders.    My personal expectation is net profit for FY2025 may be pretty close to current share price of 33c ie > 130m.   
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MrBear12
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18-Feb-2025 20:30
![]() Yells: "A retired bear will still always be a bear" |
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Gotta look at its cash flow to see if can pay a dividend
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investshare
Supreme |
18-Feb-2025 20:26
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Will double dividend?
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stockinvestor
Master |
18-Feb-2025 19:22
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https://links.sgx.com/FileOpen/SHL_FY2024.final.ashx?App=Announcement& FileID=833417 " The Group will report a substantial increase in profit upon recognition of revenue from the completion of this EC development, which is expected to be in FY2025." Interesting sentence which I have never observed Sing Holdings to use the words " WILL REPORT A SUBSTANTIAL INCREASE IN PROFIT" before. " " |
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