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WEE HUR wins $96m project

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kepoh88
    23-Sep-2024 11:59  
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Take at look at another hidden gems Tiong Seng  Holding , healthy balance sheet , healthy cash flow..
kha kha hot !!


 
 
 
Taylor
    23-Sep-2024 10:39  
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Bear team upside down
 
 
FOREVERFREEDOM
    23-Sep-2024 10:01  
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Is it privatisation coming?
Market value of Investment properties under Joint Venture 50.1% ady worth 67c. This is not included in the account.
 

 
Panda8
    10-Aug-2024 09:04  
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Your statement is 200% correct!

stlimst      ( Date: 08-Aug-2024 20:54) Posted:

In SGX, the BBs decide when and how the share price moves, not NAV or PE ratios, unfortunately.

SmallSmall      ( Date: 18-Jun-2024 15:57) Posted:

Day high $0.225 on high volume ...more to com


 
 
finjungle
    09-Aug-2024 20:12  
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There vaues in a number of companies but can ad when these values would be realised? These are delusions....... 

stlimst      ( Date: 08-Aug-2024 20:54) Posted:

In SGX, the BBs decide when and how the share price moves, not NAV or PE ratios, unfortunately.

SmallSmall      ( Date: 18-Jun-2024 15:57) Posted:

Day high $0.225 on high volume ...more to com


 
 
stlimst
    08-Aug-2024 20:54  
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In SGX, the BBs decide when and how the share price moves, not NAV or PE ratios, unfortunately.

SmallSmall      ( Date: 18-Jun-2024 15:57) Posted:

Day high $0.225 on high volume ...more to come

SmallSmall      ( Date: 18-Jun-2024 09:58) Posted:

From today?s Straits Times.
For those interested how undervalued this company is both in terms of PE and NAV

? > In short, Mr Buffett prioritises finding deeply discounted stocks.
A stock that fits this description is one that I have written about recently, Wee Hur Holdings.
Wee Hur owns purpose-built worker dormitories. These are in severe short supply, ensuring income from the business will be strong for the foreseeable future.

Numerous mega projects in the pipeline - such as Changi Airport Terminal 5, the Greater Southern Waterfront project and the redevelopment of the Paya Lebar Air Base area - will need tens of thousands of workers for many years during construction.
Wee Hur also has several developments which are selling well and a $200 million construction order book.
For the year ended December 2023, the company reported $98.6 million in net profit, held cash of $107.3 million and had net assets of $628 nymion. Its shares last traded at 21 cents, giving it a market cap of $187 million.
Its PE multiple is just 1½ times,one of the lowest in SGX.

The average market PE multiple in Singapore is 12.11 times.

But the golden goose in Wee Hur's portfolio is its purpose-built student accommodation.
It started a fund in 2017 with
A$350 million (S$313 million), with a target of 5,000 beds.
Wee Hur sold 49.9 per cent of this portfolio to a GIC unit for
A$567.9 million in 2022, for a valuation of A$1.138 billion.
This portfolio is valued at A$1.4
billion now.
At the end of 2023, Wee Hur's 50.1 per cent in this portfolio alone was worth 69.4 cents per share. If Wee Hur sold this stake, it could theoretically pay a special dividend multiple of its share price. That is an outsized safety margin.


 

 
spursfan
    08-Aug-2024 20:06  
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SmallSmall
    18-Jun-2024 15:57  
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Day high $0.225 on high volume ...more to come

SmallSmall      ( Date: 18-Jun-2024 09:58) Posted:

From today?s Straits Times.
For those interested how undervalued this company is both in terms of PE and NAV

? > In short, Mr Buffett prioritises finding deeply discounted stocks.
A stock that fits this description is one that I have written about recently, Wee Hur Holdings.
Wee Hur owns purpose-built worker dormitories. These are in severe short supply, ensuring income from the business will be strong for the foreseeable future.

Numerous mega projects in the pipeline - such as Changi Airport Terminal 5, the Greater Southern Waterfront project and the redevelopment of the Paya Lebar Air Base area - will need tens of thousands of workers for many years during construction.
Wee Hur also has several developments which are selling well and a $200 million construction order book.
For the year ended December 2023, the company reported $98.6 million in net profit, held cash of $107.3 million and had net assets of $628 nymion. Its shares last traded at 21 cents, giving it a market cap of $187 million.
Its PE multiple is just 1½ times,one of the lowest in SGX.

The average market PE multiple in Singapore is 12.11 times.

But the golden goose in Wee Hur's portfolio is its purpose-built student accommodation.
It started a fund in 2017 with
A$350 million (S$313 million), with a target of 5,000 beds.
Wee Hur sold 49.9 per cent of this portfolio to a GIC unit for
A$567.9 million in 2022, for a valuation of A$1.138 billion.
This portfolio is valued at A$1.4
billion now.
At the end of 2023, Wee Hur's 50.1 per cent in this portfolio alone was worth 69.4 cents per share. If Wee Hur sold this stake, it could theoretically pay a special dividend multiple of its share price. That is an outsized safety margin.

 
 
SmallSmall
    18-Jun-2024 09:58  
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From today?s Straits Times.
For those interested how undervalued this company is both in terms of PE and NAV

? > In short, Mr Buffett prioritises finding deeply discounted stocks.
A stock that fits this description is one that I have written about recently, Wee Hur Holdings.
Wee Hur owns purpose-built worker dormitories. These are in severe short supply, ensuring income from the business will be strong for the foreseeable future.

Numerous mega projects in the pipeline - such as Changi Airport Terminal 5, the Greater Southern Waterfront project and the redevelopment of the Paya Lebar Air Base area - will need tens of thousands of workers for many years during construction.
Wee Hur also has several developments which are selling well and a $200 million construction order book.
For the year ended December 2023, the company reported $98.6 million in net profit, held cash of $107.3 million and had net assets of $628 nymion. Its shares last traded at 21 cents, giving it a market cap of $187 million.
Its PE multiple is just 1½ times,one of the lowest in SGX.

The average market PE multiple in Singapore is 12.11 times.

But the golden goose in Wee Hur's portfolio is its purpose-built student accommodation.
It started a fund in 2017 with
A$350 million (S$313 million), with a target of 5,000 beds.
Wee Hur sold 49.9 per cent of this portfolio to a GIC unit for
A$567.9 million in 2022, for a valuation of A$1.138 billion.
This portfolio is valued at A$1.4
billion now.
At the end of 2023, Wee Hur's 50.1 per cent in this portfolio alone was worth 69.4 cents per share. If Wee Hur sold this stake, it could theoretically pay a special dividend multiple of its share price. That is an outsized safety margin.
 
 
SmallSmall
    18-Jun-2024 09:45  
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So chiong ah? You never know

spursfan      ( Date: 18-Jun-2024 09:17) Posted:

some coverage by Ven Sreenivasan in the straits times today.

SmallSmall      ( Date: 18-Jun-2024 09:07) Posted:

Stirring.....Interesting


 

 
spursfan
    18-Jun-2024 09:17  
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some coverage by Ven Sreenivasan in the straits times today.

SmallSmall      ( Date: 18-Jun-2024 09:07) Posted:

Stirring.....Interesting

 
 
SmallSmall
    18-Jun-2024 09:07  
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Stirring.....Interesting
 
 
moonsun
    29-May-2024 11:47  
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Been trending up since 23 may.. leakage news ?
Still can run up more ? :)
 
 
TraderBen
    29-May-2024 11:02  
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whenever the straits time ah peh write something.. the stock will go up.. but only for awhile..
 
 
moonsun
    23-May-2024 16:41  
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Takeover ??
Been paying less n less dividends..
The board looks like goh family tree..
Should delisted if they keep much cash & pay peanuts dividends
 

 
ykjuay
    02-Jul-2019 09:06  
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Worth a look
 
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