Fragrance   

Fragrance

Hmmmmm seems some fragrance in the air.  Is it the bak kwa being served even before Xmas, or replacing the turkey for Xmas?

Qanghoo      ( Date: 15-Dec-2015 21:16) Posted: I' ve been watching this stock closely for the past two wks.  Px, like automatic, will close at 19.5c.  It can trade down during the day, but sure close unchange.  Come on, sleeping sgx, please wake up n tell us why.  dogbone1      ( Date: 15-Dec-2015 20:53) Posted: End of year 2015 dressing

 

I' ve been watching this stock closely for the past two wks.  Px, like automatic, will close at 19.5c.  It can trade down during the day, but sure close unchange.  Come on, sleeping sgx, please wake up n tell us why. 

dogbone1      ( Date: 15-Dec-2015 20:53) Posted: End of year 2015 dressing Qanghoo      ( Date: 15-Dec-2015 06:30) Posted: My sense is this chap wld probably prefer to keep his coys  (Fragrance, GPH) listed.  Thought he was trying to spin off his Australian properties to be listed separately too?    Anyway, noticed that this Fragrance has been fairly active recently n px seems to have been keep up > 19c daily.  Yesterday, before closing px was pushed down to 18.8, but ' fixed' at 19.5 at close (unchanged).  Great spore mkt.

 

End of year 2015 dressing

Qanghoo      ( Date: 15-Dec-2015 06:30) Posted: My sense is this chap wld probably prefer to keep his coys  (Fragrance, GPH) listed.  Thought he was trying to spin off his Australian properties to be listed separately too?    Anyway, noticed that this Fragrance has been fairly active recently n px seems to have been keep up > 19c daily.  Yesterday, before closing px was pushed down to 18.8, but ' fixed' at 19.5 at close (unchanged).  Great spore mkt.  infoshare      ( Date: 15-Dec-2015 00:16) Posted: any compelling reasons for the CEO to take the company private since he already owned over 82%

 

My sense is this chap wld probably prefer to keep his coys  (Fragrance, GPH) listed.  Thought he was trying to spin off his Australian properties to be listed separately too?    Anyway, noticed that this Fragrance has been fairly active recently n px seems to have been keep up > 19c daily.  Yesterday, before closing px was pushed down to 18.8, but ' fixed' at 19.5 at close (unchanged).  Great spore mkt. 

infoshare      ( Date: 15-Dec-2015 00:16) Posted: any compelling reasons for the CEO to take the company private since he already owned over 82%

 

any compelling reasons for the CEO to take the company private since he already owned over 82%

 

Cecil St building sold for $210m to Chinese buyer

ecekca      ( Date: 29-Nov-2015 17:13) Posted: How u derive Tower 15 to be 600mio?   pattanispirit      ( Date: 28-Nov-2015 14:51) Posted: CPF building has balance lease of 51 years whereas Tower 15 is freehold. CPF building  net lettable area is  324,000 sq ft whereas Tower 15  net lettable area is  424,953 (253,453  +  171,500) sq ft which is 30% bigger. Location wise CPF is prime wereas Tower 15 is not. Tower 15 should worth at least S$600 mil or above.

 

How u derive Tower 15 to be 600mio?
 

pattanispirit      ( Date: 28-Nov-2015 14:51) Posted: CPF building has balance lease of 51 years whereas Tower 15 is freehold. CPF building  net lettable area is  324,000 sq ft whereas Tower 15  net lettable area is  424,953 (253,453  +  171,500) sq ft which is 30% bigger. Location wise CPF is prime wereas Tower 15 is not. Tower 15 should worth at least S$600 mil or above.

 

CPF building has balance lease of 51 years whereas Tower 15 is freehold.

CPF building  net lettable area is  324,000 sq ft whereas Tower 15  net lettable area is  424,953 (253,453  +  171,500) sq ft which is 30% bigger.

Location wise CPF is prime wereas Tower 15 is not.

Tower 15 should worth at least S$600 mil or above.

 

 

This stock hardly moved ! If baluation is really 1.2, even 50% of price i also sell lor !!! :)

 

Left to right pocket?  Let' s hope a bit will end up in our pockets in the form of higher interest rates for our CPF savings.

dogbone1      ( Date: 27-Nov-2015 22:40) Posted: SINGAPORE: The landmark CPF Building at 79 Robinson Road has been sold for a higher-than-expected S$550 million, the CPF Board announced on Thursday (Nov 26). The public tender for the sale of the building attracted three bids, the highest of which was by Southernwood Property, a company wholly owned by Ascendas Land. ADVERTISING                         Ascendas plans to redevelop CPF Building into an office building with supporting retail elements, said Mr Manohar Khiatani, President & Group CEO of Ascendas and Deputy Group CEO of Ascendas-Singbridge. " With the CPF Building, Ascendas would be able to offer quality CBD office space to complement our business park offerings to our customers in Singapore,&rdquo he added. BID PRICE HIGHER THAN EXPECTED Analysts had expected the building to fetch about S$450 million. The CPF Board said the bid from Southernwood Property met all tender criteria, " including the strength of their financial standing and purchase conditions such as the assignment of tenancies to the new owner" . The other two bids were S$538.28 million by Leapford, a company owned by Pacific Century Regional Developments, and S$280 million by OUE Reef Development. The CPF Board will be moving to Novena Square Towers &ldquo to free up prime office space in the Central Business District for higher-value uses&rdquo . Its corporate operations relocated on Nov 23. The CPF Service Centre will continue to operate at 79 Robinson Road until further notice. dogbone1      ( Date: 24-Nov-2015 20:05) Posted: If this EOI goes through Fragrance will  profit $115 million for these  4 years.

 

SINGAPORE: The landmark CPF Building at 79 Robinson Road has been sold for a higher-than-expected S$550 million, the CPF Board announced on Thursday (Nov 26).

The public tender for the sale of the building attracted three bids, the highest of which was by Southernwood Property, a company wholly owned by Ascendas Land.

Ascendas plans to redevelop CPF Building into an office building with supporting retail elements, said Mr Manohar Khiatani, President & Group CEO of Ascendas and Deputy Group CEO of Ascendas-Singbridge.

" With the CPF Building, Ascendas would be able to offer quality CBD office space to complement our business park offerings to our customers in Singapore,&rdquo he added.

BID PRICE HIGHER THAN EXPECTED

Analysts had expected the building to fetch about S$450 million.

The CPF Board said the bid from Southernwood Property met all tender criteria, " including the strength of their financial standing and purchase conditions such as the assignment of tenancies to the new owner" .

The other two bids were S$538.28 million by Leapford, a company owned by Pacific Century Regional Developments, and S$280 million by OUE Reef Development.

The CPF Board will be moving to Novena Square Towers &ldquo to free up prime office space in the Central Business District for higher-value uses&rdquo . Its corporate operations relocated on Nov 23.

The CPF Service Centre will continue to operate at 79 Robinson Road until further notice.

dogbone1      ( Date: 24-Nov-2015 20:05) Posted: If this EOI goes through Fragrance will  profit $115 million for these  4 years. dogbone1      ( Date: 23-Nov-2015 22:30) Posted: Tower 15 at 15 Hoe Chiang Road    (Source: CBRE) A freehold 29-storey office tower with a three-storey hotel annex block (Klapsons) at 15 Hoe Chiang Road is on the market for sale. Also known as Tower Fifteen, the office block has been put up for sale by expression of interest (EOI) conducted by CBRE. The current owner of the building is listed property company Fragrance Group, controlled by billionaire James Koh Wee Meng, who paid $360 million for it in May 2012.  Koh is a motivated seller, as he has already received many unsolicited expressions of interest for the building, says Sammi Lim, associate director of investment properties at CBRE who is handling the sale. This is owing to the building being located on a corner lot and its freehold tenure, a rarity in the CBD.    The indicative price is said to be $475 million or $1,874 psf based on its current gross floor area of 253,453 sq ft. The off block has a net lettable area of 171,500 sq ft and is 95% leased to date. The property sits on a land area of 39,337 sq ft with a plot ratio of 5.6, and a height limit of 35 storeys. The building is zoned for commercial use under the 2014 URA Master Plan. Written permission has been granted by the URA for the redevelopment of a new 30-storey commercial development comprising of retail and office components on the site, says CBRE.  ​ ​ The EOI will close on  January 27, 2016.

 

Will go into his pocket. Don't think will give some to share holder?

 

If this EOI goes through Fragrance will  profit $115 million for these  4 years.

dogbone1      ( Date: 23-Nov-2015 22:30) Posted: Tower 15 at 15 Hoe Chiang Road    (Source: CBRE) A freehold 29-storey office tower with a three-storey hotel annex block (Klapsons) at 15 Hoe Chiang Road is on the market for sale. Also known as Tower Fifteen, the office block has been put up for sale by expression of interest (EOI) conducted by CBRE. The current owner of the building is listed property company Fragrance Group, controlled by billionaire James Koh Wee Meng, who paid $360 million for it in May 2012.  Koh is a motivated seller, as he has already received many unsolicited expressions of interest for the building, says Sammi Lim, associate director of investment properties at CBRE who is handling the sale. This is owing to the building being located on a corner lot and its freehold tenure, a rarity in the CBD.    The indicative price is said to be $475 million or $1,874 psf based on its current gross floor area of 253,453 sq ft. The off block has a net lettable area of 171,500 sq ft and is 95% leased to date. The property sits on a land area of 39,337 sq ft with a plot ratio of 5.6, and a height limit of 35 storeys. The building is zoned for commercial use under the 2014 URA Master Plan. Written permission has been granted by the URA for the redevelopment of a new 30-storey commercial development comprising of retail and office components on the site, says CBRE.  ​ ​ The EOI will close on  January 27, 2016. dogbone1      ( Date: 08-Nov-2015 13:56) Posted: SINGAPORE (Nov 6): Fragrance Group ( Valuation: 1.20, Fundamental: 1.30) announced a 14.3% increase in 3Q earnings to $27.8 mil from a year ago. For the three months to September, revenue declined 52% to $64 million. The group&rsquo s property development sector saw revenue decline 53.9% to $59.3 million. The main contributors to the revenue during this period were the progressive recognition of income from development projects namely Kensington Square, Urban Vista and Icon@Pasir Panjang. Revenue from the property investment sector increased 2.8% to $4.75 million. This was mainly due to the contribution from its investment property located at Punggol Point Road. Fragrance says it has sold almost all of its residential units in Singapore and is currently working on the redevelopment plans for the rest of its Australian portfolio of properties. They are expected to contribute &ldquo significantly&rdquo to the group&rsquo s revenue and profits in future years. Shares in Fragrance closed 0.5% higher at 19.3 cents.

 

Are they doing a cash rasing excerise.......

 

Tower 15 at 15 Hoe Chiang Road    (Source: CBRE)

A freehold 29-storey office tower with a three-storey hotel annex block (Klapsons) at 15 Hoe Chiang Road is on the market for sale. Also known as Tower Fifteen, the office block has been put up for sale by expression of interest (EOI) conducted by CBRE. The current owner of the building is listed property company Fragrance Group, controlled by billionaire James Koh Wee Meng, who paid $360 million for it in May 2012. 

Koh is a motivated seller, as he has already received many unsolicited expressions of interest for the building, says Sammi Lim, associate director of investment properties at CBRE who is handling the sale. This is owing to the building being located on a corner lot and its freehold tenure, a rarity in the CBD.    The indicative price is said to be $475 million or $1,874 psf based on its current gross floor area of 253,453 sq ft. The off block has a net lettable area of 171,500 sq ft and is 95% leased to date. The property sits on a land area of 39,337 sq ft with a plot ratio of 5.6, and a height limit of 35 storeys.

The building is zoned for commercial use under the 2014 URA Master Plan. Written permission has been granted by the URA for the redevelopment of a new 30-storey commercial development comprising of retail and office components on the site, says CBRE.  ​ ​ The EOI will close on  January 27, 2016.

dogbone1      ( Date: 08-Nov-2015 13:56) Posted: SINGAPORE (Nov 6): Fragrance Group ( Valuation: 1.20, Fundamental: 1.30) announced a 14.3% increase in 3Q earnings to $27.8 mil from a year ago. For the three months to September, revenue declined 52% to $64 million. The group&rsquo s property development sector saw revenue decline 53.9% to $59.3 million. The main contributors to the revenue during this period were the progressive recognition of income from development projects namely Kensington Square, Urban Vista and Icon@Pasir Panjang. Revenue from the property investment sector increased 2.8% to $4.75 million. This was mainly due to the contribution from its investment property located at Punggol Point Road. Fragrance says it has sold almost all of its residential units in Singapore and is currently working on the redevelopment plans for the rest of its Australian portfolio of properties. They are expected to contribute &ldquo significantly&rdquo to the group&rsquo s revenue and profits in future years. Shares in Fragrance closed 0.5% higher at 19.3 cents. dogbone1      ( Date: 05-Nov-2015 23:04) Posted: Fragrance tomorrow will be releasing its financial results for the third quarter ended 30 Sept 2015 after market trading hours.

 

dogbone1      ( Date: 05-Nov-2015 23:04) Posted: Fragrance tomorrow will be releasing its financial results for the third quarter ended 30 Sept 2015 after market trading hours. infoshare      ( Date: 05-Nov-2015 22:31) Posted:   https://www.fool.sg/2015/03/21/would-benjamin-graham-buy-fragrance-group-limited/

 

Fragrance tomorrow will be releasing its financial results for the third quarter ended 30 Sept 2015 after market trading hours.

infoshare      ( Date: 05-Nov-2015 22:31) Posted:   https://www.fool.sg/2015/03/21/would-benjamin-graham-buy-fragrance-group-limited/

 

 

https://www.fool.sg/2015/03/21/would-benjamin-graham-buy-fragrance-group-limited/

 

 

operation cold store.

 

U are right.  I bought before the last few series of bonus issues which have multiplied the shares from 1 into 8.  My regret is to have sold after the first of the  three 1 for 1 bonus issues.  My px was abt 50c/share.  If I had not sold, the resulting 8 shares wld be worth nearly $2, including free GPH shares. 

dogbone1      ( Date: 16-Jun-2015 22:27) Posted: I can say those investors bought fragrance shares for investment since IPO  are all fat  dragrons but those contra players are dead snakes desmondquek      ( Date: 16-Jun-2015 19:49) Posted: A lot people lose in this fragance snake