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CHIONG KA SIAO TODAY...go go CSC
Infrastructure spending will help them a lot in earning. Not so much on private condo or anything that along that line that have been grabbed up all by Chinese/Korean big construction firms. CSC strength is well recognized by local & govt. Their largest shareholders are Citi & Philips Securities, and not CIMB. I' m sure Citi wants them to be up & up & up.....
johnng ( Date: 18-Jan-2020 21:42) Posted:
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News about BUDGET 2020 include new masterplan for Singapore
Last min who gobble up all 23...HUAT ARH!!
Back to read CSC prospect to rise....
Despite slightly lower revenue (-3% vs. 2018) for the 1st 6 months of 2019 (till Sep 30th, 2019, their fiscal closes on 31st Mar 2020), their gross margin among the highest now in the piling industry, with bottomline finally turning profitable at $3M, after 8-9 years of losses. They had bagged many > $30M projects (go see their list of projects listed in their website, incl. boring for the Thomson line MRT 2 stations, few HDB projects, one Neste Singapore & few LTA awarded projects. Given cross-island line going to tender soon, their prospect is high to maintain profitability into 2020. Worth a look bros.....
I' m vested for Chiong arh!
Despite slightly lower revenue (-3% vs. 2018) for the 1st 6 months of 2019 (till Sep 30th, 2019, their fiscal closes on 31st Mar 2020), their gross margin among the highest now in the piling industry, with bottomline finally turning profitable at $3M, after 8-9 years of losses. They had bagged many > $30M projects (go see their list of projects listed in their website, incl. boring for the Thomson line MRT 2 stations, few HDB projects, one Neste Singapore & few LTA awarded projects. Given cross-island line going to tender soon, their prospect is high to maintain profitability into 2020. Worth a look bros.....
I' m vested for Chiong arh!
With Tengah, Punggol Digital District, T5 construction beginning this year & sea reclaim on-going at Tuas port & Pulau Tekong....
Many more piling works to go after Pyr Lebar air base relocation.
Yes, expecting this to resurrect to 0.040 soon.
Many more piling works to go after Pyr Lebar air base relocation.
Yes, expecting this to resurrect to 0.040 soon.
johnng ( Date: 17-Jan-2020 17:10) Posted:
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CHIONG ARH!!
2020 POTENTIAL SUPER PENNY - CONSTRUCTION GROWTH