Tuan Sing unit disposes stake in China property developer for 103m yuan
THU, MAR 15, 2018 - 9:07 AM
BAUHINIA Land, a unit of Tuan Sing Holdings, has disposed its entire stake in Chinese property developer Qingdao Shenyang Property on March 14 for about 103 million yuan (S$21.4 million).
Bauhinia sold its stake to an unnamed independent third party.
The consideration took into account the unaudited net asset value of Qingdao Shenyang as at Feb 28, 2018, Tuan Sing said in a filing with the Singapore Exchange on Thursday morning.
Proceeds from the sale will be used for funding new opportunities in China as the property group continues to look at opportunities for investment or development into residential, commercial or mixed use sectors, it said.
http://www.businesstimes.com.sg/companies-markets/tuan-sing-unit-disposes-stake-in-china-property-developer-for-103m-yuan
THU, MAR 15, 2018 - 9:07 AM
BAUHINIA Land, a unit of Tuan Sing Holdings, has disposed its entire stake in Chinese property developer Qingdao Shenyang Property on March 14 for about 103 million yuan (S$21.4 million).
Bauhinia sold its stake to an unnamed independent third party.
The consideration took into account the unaudited net asset value of Qingdao Shenyang as at Feb 28, 2018, Tuan Sing said in a filing with the Singapore Exchange on Thursday morning.
Proceeds from the sale will be used for funding new opportunities in China as the property group continues to look at opportunities for investment or development into residential, commercial or mixed use sectors, it said.
http://www.businesstimes.com.sg/companies-markets/tuan-sing-unit-disposes-stake-in-china-property-developer-for-103m-yuan
Someone could be playing and accumulating - saw this happening around the 28-29 cent level 2 years back. Like for months each day end sure 0.1 lots sale to buyer. Realised that and I started buying whenever they pushed it down.
ysh2006 ( Date: 12-Mar-2018 19:31) Posted:
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After buyin go down again very common...pattern like Citic Env...
Goldfinger ( Date: 12-Mar-2018 14:14) Posted:
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Those were dumb shorts who got punished today??
sunview ( Date: 12-Mar-2018 14:09) Posted:
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400,000 shares on the buy-in list today.
 
 
Thanks MA - useful info. $10.80 rental psf and available October 2018 so completion definitely in Q3 2018. Solid solid Tuan Sing!
MARTIALART ( Date: 12-Mar-2018 10:47) Posted:
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Saw this advertisement regarding 18 Ronsinson rental, don' t understand why the rental is done by this company and not done by their sole agent JLL.
https://commercial.sg/office_space/office_detail_3/building/506
https://commercial.sg/office_space/office_detail_3/building/506
Any update on the leasing numbers and completion dates of R18? When I saw it last week, looks liked they have completed to the TOP floor and Windows like 3 quarters done too! Very Good progress.
Just saw R18 again today and think the Building has reached the TOP floor now. Also like half the glass facade windows look to have been installed. Anyone with the same view? Looks like Q3 2018 completion is on target.
someone is trying to catch shortists, but in reality how would higher interest rate+higher bond yield in US affect TS' s business in Singapore?
if you go short oil counters then i got nothing to say....
if you go short oil counters then i got nothing to say....
shorting done on this counter, but little volume for the shortists to buy back. 
I suspect the price might match the previous 475 or even go 1/2 pips higher before closing
I suspect the price might match the previous 475 or even go 1/2 pips higher before closing
Reaching target soon . Can accumulate from here . Every retrace can buy abit . Not for contras .
WL123456 ( Date: 17-Jan-2018 15:54) Posted:
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Found the UOBKH report calling for  a Buy on TS on another website too.  Bullish call.  Sharing for info.
http://research.sginvestors.io/2018/01/tuan-sing-holdings-tsh-sp-uob-kay-hian-2018-01-29.html
 
http://research.sginvestors.io/2018/01/tuan-sing-holdings-tsh-sp-uob-kay-hian-2018-01-29.html
 
Dividend never increase. So don' t t expect price to go up much .1 to 2 cents increase is considered very good.
 
 
tonylim ( Date: 29-Jan-2018 15:22) Posted:
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Need a bit of patience to break the 50 cents barrier first
Goldfinger ( Date: 29-Jan-2018 14:12) Posted:
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Thanks Foo2019 - a very very useful report to note.  UOBKH still calls this a stock at " fire-sale" levels I see and still calls a buy with 71 cents target..  well done!
Foo2019 ( Date: 29-Jan-2018 14:00) Posted:
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https://s3-ap-southeast-1.amazonaws.com/investingnote-production-webbucket/attachments/2861a781ec0b95ce80689633cbb7c52c9fc7a200.pdf?1517197416
Btw, TS is not a construction stock.
wehuattogether88 ( Date: 29-Jan-2018 10:15) Posted:
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Interest rate is sure to go up so it is not good for companies with huge loan/ debt.
Hope Tuan Sing management will consider REIT. Anyone attending the AGM this year maybe can help to check with the management.
Hope Tuan Sing management will consider REIT. Anyone attending the AGM this year maybe can help to check with the management.
Hi all,
New to forum.
Have been holding on to Tuan Sing for donkey years. hope can crack the 50cent wall today.
Other construction stocks might chiong if Tuan Sing chiong today. 
New to forum.
Have been holding on to Tuan Sing for donkey years. hope can crack the 50cent wall today.
Other construction stocks might chiong if Tuan Sing chiong today.