Tuan Sing    Last:0.31    -0.005

PRIVATISE AT 50CENTS

Some good news - they just got planning approval to add 200,000+ sq ft of retail and conference facilities to their freehold prime Perth Hyatt hotel development.

Response to Kandis Residence also supposedly good?

 

Anyone knows the response rate to TS Kandis Residence launch?
My agent says the showflat is open already. Passed Robinson Towers yesterday and they are working on the 13-14 floor now. So they should be completed and tenanted from end 2018 as per scheduled.

Goldfinger      ( Date: 23-Aug-2017 07:31) Posted: Happy to share that I passed Robinson Towers yesterday and it seems to be building up to the 12th level now. So 1/3 to 1/2 built up now in terms of the building? Think they are also launching Kandis Residence this weekend. Appreciate if any one drops by to share on the response rate. Thanks.

 

Happy to share that I passed Robinson Towers yesterday and it seems to be building up to the 12th level now. So 1/3 to 1/2 built up now in terms of the building? Think they are also launching Kandis Residence this weekend. Appreciate if any one drops by to share on the response rate. Thanks.

 

2019 will be the golden year for Tuan Sing I feel - once Robinson Towers is completed and the dreams of a "Robinson Reit" may well come to pass including RT, Robinson Point, Sime Darby Centre, and the two Australian Hyatt hotels in Perth and Melbourne perhaps? I don't mind being issued units such a Reit as a shareholder hahaha.

AttasBoss      ( Date: 04-Aug-2017 10:28) Posted: personally i dont expect fancy set of result this year giving that most completed project left few units unsold and 1 small project (130 units) to be launched soon... rental income to be boosted by newly acquired sime darby bottom line got to support by share of result of GUL finance cost got to be scary.. so dont know why she choose to surface to top 20 today...hahah  Goldfinger      ( Date: 04-Aug-2017 10:13) Posted: Not often to see TS be in the TOP Volume Actives list - enjoy while it lasts haha. Think something is brewing but no idea what. There's also more news and social media profiling of TS so maybe another factor

 

Think it's buying momentum into the future of this company, not the past.

AttasBoss      ( Date: 04-Aug-2017 10:28) Posted: personally i dont expect fancy set of result this year giving that most completed project left few units unsold and 1 small project (130 units) to be launched soon... rental income to be boosted by newly acquired sime darby bottom line got to support by share of result of GUL finance cost got to be scary.. so dont know why she choose to surface to top 20 today...hahah  Goldfinger      ( Date: 04-Aug-2017 10:13) Posted: Not often to see TS be in the TOP Volume Actives list - enjoy while it lasts haha. Think something is brewing but no idea what. There's also more news and social media profiling of TS so maybe another factor

 

personally i dont expect fancy set of result this year giving that most completed project left few units unsold and 1 small project (130 units) to be launched soon...
rental income to be boosted by newly acquired sime darby
bottom line got to support by share of result of GUL
finance cost got to be scary..
so dont know why she choose to surface to top 20 today...hahah 

Goldfinger      ( Date: 04-Aug-2017 10:13) Posted: Not often to see TS be in the TOP Volume Actives list - enjoy while it lasts haha. Think something is brewing but no idea what. There's also more news and social media profiling of TS so maybe another factor. AttasBoss      ( Date: 04-Aug-2017 10:08) Posted: she hit 36c twice in Mar16 and Apr17 then went down...today hit 36c again..will it breakout...

 

36 will be strong resistance..tough to break...
 

 

Not often to see TS be in the TOP Volume Actives list - enjoy while it lasts haha. Think something is brewing but no idea what. There's also more news and social media profiling of TS so maybe another factor.

AttasBoss      ( Date: 04-Aug-2017 10:08) Posted: she hit 36c twice in Mar16 and Apr17 then went down...today hit 36c again..will it breakout...? Goldfinger      ( Date: 04-Aug-2017 09:21) Posted: Who on earth is doing all the buying up???

 

she hit 36c twice in Mar16 and Apr17 then went down...today hit 36c again..will it breakout...?

Goldfinger      ( Date: 04-Aug-2017 09:21) Posted: Who on earth is doing all the buying up???

 

Who on earth is doing all the buying up???

 

Spoke to the marketing agent - think they will be launching Kandis Residences soon.  Any good response at the launch, will be seen as positive by Mr Market.  From what i have seen of the floor plans and the design/layout  - the project looks good - save for the rather off the beaten track location.

AttasBoss      ( Date: 03-Aug-2017 20:05) Posted: waiting them to sale their non-core business and LY building..but dont think they will distribute the proceeds instead for working capital and repay debt lglg666      ( Date: 03-Aug-2017 19:56) Posted: Only done 3.5 lots at 35c then back to 34/34.5c at the close. Just to hope to see the price to break out from that range soon, so that there maybe a chance to see new high ( 35c and above )

 

waiting them to sale their non-core business and LY building..but dont think they will distribute the proceeds instead for working capital and repay debt

lglg666      ( Date: 03-Aug-2017 19:56) Posted: Only done 3.5 lots at 35c then back to 34/34.5c at the close. Just to hope to see the price to break out from that range soon, so that there maybe a chance to see new high ( 35c and above ). Goldfinger      ( Date: 03-Aug-2017 16:55) Posted: TS just pierced through the 34.5 mark.

 

Only done 3.5 lots at 35c then back to 34/34.5c at the close. Just to hope to see the price to break out from that range soon, so that there maybe a chance to see new high ( 35c and above ).

Goldfinger      ( Date: 03-Aug-2017 16:55) Posted: TS just pierced through the 34.5 mark. lglg666      ( Date: 03-Aug-2017 13:28) Posted: Testing the 34/34.5 level again if look at Day and weekly chart 5th time since Nov 15 till now.....this year alone twice on March/April....now again and if can break thru than we may see higher price. Fingers crossed 🤞 ha ha

 

TS just pierced through the 34.5 mark.

lglg666      ( Date: 03-Aug-2017 13:28) Posted: Testing the 34/34.5 level again if look at Day and weekly chart 5th time since Nov 15 till now.....this year alone twice on March/April....now again and if can break thru than we may see higher price. Fingers crossed 🤞 ha ha

 

Anyway looking at the price action of late - something could well be brewing. Volumes also quite aggressive.

 

Thanks for sharing VVV. I hold the same views and heavily vested - so Glad to know I am not alone. Full text below.

"Tuan Sing Holdings: This is a pick of Havard Chi, director and head of research at Quarz Capital Asia.

Tuan Sing, which counts billionaire Koh Wee Meng of Fragrance Group among its biggest shareholders, currently trades at a rock-bottom price-to-book ratio of 0.4 times, Chi notes.


To be completed soon
"We think the catalyst is that its projects will soon be completed and go into the market at a time when supply is coming down. We think commitments will come in very quickly."

-- Havard Chi
Tuan Sing has an enviable portfolio of 999-year and freehold properties -- a rarity among local developers. And the completion of Robinson Tower in 2Η 2018 should prο ν ide a boost to Tս an Sing's rental income.

Havard Chi estimates the с о mр lе tі о n of Robinson Tower will bring in $17 million in recurring е vе ry year, which should р г о vidе room for Tuan Sing to pay increased dividends.

Moreover, he adds, Tuan Sing's management is open to the idea of divesting its assets into a REIT. He estimates that between $500 million and $1 billion of capital could be released through such a deal.

The capital released could be used to pay a special dividend and to further grow Tuan Sing's real estate portfolio. "We see potential upside of 40% by 2019. We are long term investors we think things take time to work out."

 

Tuan Sing' s management is open to the idea of divesting its assets into a REIT. He estimates that between $500 million and $1 billion of capital could be released through such a deal.

The capital released could be used to pay a special dividend and to further grow Tuan Sing' s real estate portfolio. " We see potential upside of 40% by 2019. We are long term investors we think things take time to work out."

Source: 
The Edge Investment Forum: Stocks to buy ... (AMARA, BANYAN, TUAN SING, AVI-TECH)

 

Testing the 34/34.5 level again if look at Day and weekly chart 5th time since Nov 15 till now.....this year alone twice on March/April....now again and if can break thru than we may see higher price. Fingers crossed 🤞 ha ha

 

Still trading at a crazy absurd 40+% if its NAV and its not even accounting for the full value of Robinson Towers even, haiz.

mogambo      ( Date: 02-Aug-2017 10:24) Posted: yeah still a good value buy for targets og 40 cents and more as it will go through a golden cross on weekly charts in the next 6-8 weeks buy and hold if you patience debt is a concern and profit margins are still low at 8-9% but technically in a atrong position to be a winner cheers Goldfinger      ( Date: 01-Aug-2017 19:37) Posted: Just passed Robinson Towers last night - seems to be making very good progress and could be one third built up already. Hope they can get more pre-committed tenants when they complete the project by next year. Should then be able to add $20million in revenue annually from the commercial office and retail rental.

 

yeah still a good value buy for targets og 40 cents and more as it will go through a golden cross on weekly charts in the next 6-8 weeks buy and hold if you patience debt is a concern and profit margins are still low at 8-9% but technically in a atrong position to be a winner cheers

Goldfinger      ( Date: 01-Aug-2017 19:37) Posted: Just passed Robinson Towers last night - seems to be making very good progress and could be one third built up already. Hope they can get more pre-committed tenants when they complete the project by next year. Should then be able to add $20million in revenue annually from the commercial office and retail rental.