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There was attempt to sell down this stock but it held well. Next important milestone is 3Q earnings, which is expected to see significant year on year improvement. It might be the catalyst for the stock to be re rated.   Not a call to buy or otherwise, just talking to myself :) 
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Will be listed in Catalist. It' s in SGX announement, should be accurate.  
infoshare ( Date: 15-Oct-2014 15:01) Posted:
Fragrance Group Ltd announces proposed spin-off of property business
 
http://www.reuters.com/finance/stocks/FRAG.SI/key-developments/article/3071276
Friday, 19 Sep 2014 02:39am EDT 
Fragrance Group Ltd:Proposing spin-off of its property business in Australia.Says spin-off business will be listed in Australia.
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matrixxx ( Date: 11-Oct-2014 15:43) Posted:
Naive
Lol
Most people, if not all, are just only good at talking or even posting good rules and disciplines here, but fails to follow strictly to what they think or write. They do not take action promptly, but words are just coming out from their big mouth.
They can have all 1001 theories, the most perfect analogy and no doubt, best investment minds of the centuries. But when it comes to the real action, all are boiled down to their hope, greed and fear. It distorts them. Then, they somehow miss the right time, the right moment to act quickly, and this is where they all fail badly. Moreover, they can't sit tight, and Emotions distorted their belief, their first stance on why they bought the stock in the first place.
So.... those with great theories and teachings, hope that you can spend more time on your own stock pickings, rather than posting useless all talks but no action articles here (and that said, it does includes my this posting here, I know it is a rubbish post, and I know surely it is a waste of my time to post this rubbish here anyway).
My story shall ends here.
Woods30 ( Date: 11-Oct-2014 14:41) Posted:
A stock that goes up before coy   actually performs...not good. imho...supported by bbs....you will be at their mercy if you buy this too high.. careful ......dyodd....
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In the long run revenue and profit are what matters. So far, IPO and 2 placements without any revenue not to mention profit! 
Somehow still manage to attract big fund and star investor to the scene but I am stayng out. I am small retail investor and don' t have deep pocket like the big boys. 
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yes but terratech was spun off from tritect and I don' t think they have any meaningful link any more as far as business is concerned...
golden_SGX ( Date: 07-Oct-2014 16:26) Posted:
same group of people.
HVRRVH ( Date: 07-Oct-2014 16:20) Posted:
That' s Tritect, isn' t it?
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That' s Tritect, isn' t it?
golden_SGX ( Date: 07-Oct-2014 15:05) Posted:
Problem with this stock is most investor think it' s just a marble stock, so investor won' t see some value in this at current&rsquo s weak market.
They should realize that the group is more widely known for being a rock engineering specialist with strong engineering capabilities in underground rock cavern, tunneling, etc (notable the Jurong Rock Caverns & MRT tunnels) and not just quarrying marble.
For this reason many are calling it a rubbish stock, even if there are potentials in this areas.
kokhong ( Date: 07-Oct-2014 12:12) Posted:
Given that  there are  investors are willing to invest at such  a premium price of 23 cents at huge quantities. They would have  seen some value in this and they may start to load more at the current attractive  price.  Moving and staying  abv 14 cents  will be  a good sign.
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10 million in 24 months. per quarter' s revenue only 1.25 million. what is the profit margin? any impact, if there is, will be minimum to the top and bottomlines. 
think2profit ( Date: 03-Oct-2014 15:00) Posted:
Great start! More good news await ahead, that' s why AW and FIL took a key stake recently.
hotelgrand ( Date: 02-Oct-2014 20:50) Posted:
 
Rexonic AG secures first ground-breaking contract of
about US$10 million with a National Oil Company
Contract value is approximately US$10 million if fully executed over 24 months
Unique environment-friendly, ultrasonic well stimulation technology to be used on selected wells
SINGAPORE, 2 October 2014 &ndash Rex International Holding Limited (" Rex International Holding" or the " Company" , and together with its subsidiaries, the " Group" ), one of the largest companies listed on the Catalist of the Singapore Exchange Securities Trading Limited, is pleased to share that a 100 per cent subsidiary of Rexonic AG (" Rexonic" ), in which the Company holds an indirect 66.7 per cent stake, has secured a first and ground-breaking contract with a reputed and large National Oil Company (" NOC" ) (name has been withheld at the request of the client). The contract is expected to start in end 2014 and the contractual value is approximately US$10 million if fully executed over the next 24 months. Rexonic will provide its unique environment-friendly, ultrasonic well stimulation technology on selected wells owned by the NOC. The start of the contact is dependent on, amongst other things, the arrival of third party technical components.
Mr Peter Spenger, Executive Chairman of Rexonic, said, " We are pleased and excited over this important milestone in the development of Rexonic. We look forward to update the markets more in detail once execution has started and the first couple of wells have been treated."
Mr Dan Broströ m, Executive Chairman of Rex International Holding, said, " We are heartened to see the fruition of Rexonic&rsquo s commercialisation plans, following months of hard work by the management team. A first contract with an NOC is a notable achievement for Rexonic, as the potential for an expansion in the scope of coverage for the well stimulation technology is
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sure can. 40 cents also should hold.:)
nature correction after price surge is expected. just don' t panic and sell when the correction is taking place.  
bandits272 ( Date: 25-Sep-2014 18:30) Posted:
So gota hold till early Nov.. hopefully it can stay above 0.40cents.. 
HVRRVH ( Date: 25-Sep-2014 13:15) Posted:
| Early Nov. This sell down is expected like I mention yesterday. Just don't follow to sell anyhow. There again, we only make decision ourselves. Good luck. |
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Early Nov. This sell down is expected like I mention yesterday. Just don't follow to sell anyhow. There again, we only make decision ourselves. Good luck.
pcxiao2008 ( Date: 25-Sep-2014 12:50) Posted:
when is the next quarter results??
HVRRVH ( Date: 24-Sep-2014 20:54) Posted:
Have bought based on FA and with the rapid price movements recently, based on TA, I don' t think the price will move up fast. It might go sideway till before the release of next quarter' s results. Short term players might be selling for immediate profits so downward pressure on price is real. It might test 400. We shall see.    
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Have bought based on FA and with the rapid price movements recently, based on TA, I don' t think the price will move up fast. It might go sideway till before the release of next quarter' s results. Short term players might be selling for immediate profits so downward pressure on price is real. It might test 400. We shall see.    
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Joint venture with Toshiba. As usual, retailers get the news last. 
spore1 ( Date: 23-Sep-2014 21:08) Posted:
tdy sudden bounce and closed 5 cents higher. don' t know why? is it window dressing?
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Fragrance Group set for Asian listing
BEN WILMOT THE AUSTRALIAN SEPTEMBER 20, 2014 12:00AM
SINGAPORE&rsquo S Fragrance Group has unveiled plans to spin-off its rapidly growing property business in Australia on the Catalist board of the Singapore stock exchange.
The business, built up since the tycoon behind the company, Koh Wee Meng, spotted a Hobart development opportunity this time last year, has assembled a $1 billion-plus pipeline of apartment and commercial projects.
Fragrance Group has just appointed SAC Capital Private to advise on the proposed restructuring, which could serve as a model for other Singaporean ­ developers that have poured into Australia.
Mr Koh&rsquo s move is likely driven by his desire to accelerate the growth of his local business.
While additional capital may not be required &mdash Mr Koh&rsquo s net worth was estimated at $US1.6 billion in July by Forbes magazine with and the self-made magnate has extensive real estate and hotel holdings in Asia &mdash the listing of a development group focused on Australian apartments may be sought by investors.
Since finalising the small Hobart purchase in May, Fragrance Group has marked itself out as one of the most acquisitive Singaporean property groups.
It is planning to build a ­ 90-storey tower in the Melbourne CBD on the site of the recently redeveloped Savoy Tavern that is expected to have an end value of $700 million.
Fragrance has applied for a permit to build a single tower, featuring about 1000 apartments and 280 hotel rooms. While that development would mark Fragrance&rsquo s first project in Melbourne, it is already in talks to acquire more sites in that city.
Fragrance Group, which itself is listed in Singapore, purchased the Savoy Tavern site earlier this year from former Asciano boss Mark Rowsthorn for $44.5m.
Fragrance Group also snapped up 555 Collins Street in Melbourne from developer Harry Stamoulis for $78m in May.
That site could accommodate a $600m mixed-use tower.
In July, it bought a development site at 374-396 Murray Street in Perth for $40m that carries approval for two towers.
 
 
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HVRRVH ( Date: 19-Sep-2014 19:33) Posted:
| Still early day but price might move slowly upward. The total value of Australia properties currently own by fragrance is not cheap! |
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Still early day but price might move slowly upward. The total value of Australia properties currently own by fragrance is not cheap!
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It's not final until you sold it so I would withhold the congrats. Keep it low key bro, I am not comfortable if the price move too fast.
Cool123 ( Date: 19-Sep-2014 15:59) Posted:
| Hardly believe that this gave me More than 40% return in such a short the. Huat ah!
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Spin off GP now Australia business, maybe next really list a REIT! Must keep stock👍
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Ok first impression is positive. The shares will get split and outstanding shares for fragrance and the new company will be smaller compare to current fragrance shares. Easier for price appreciation if companies' results are good.
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Wah so fast action liao? Need time to digest leh
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How so? Can elaborate?
misschin ( Date: 19-Sep-2014 13:05) Posted:
This 2 Koh brothers are openly manipultng the market, why the SGX let them do it. Dont feel right to me leah.
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If fragrance really buying LCD what price impact will it be for fragrance? Will LCD shareholders sell? They refused to sell at 17 cents plus and the price was drive up to current level chiefly due to aspial's koh, who is brother of fragrance's koh. I think fragrance's koh is calling the shot here. Aspial did not halt cos shares bought by the younger koh were in personal capacity? Anyway can't do anything but wait. Could have nothing to do with LCD too.
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The very first thought when I saw LCD also halted! But where does this leave Aspial if this is true? Which brothers call the shot?
edwinjup ( Date: 19-Sep-2014 08:12) Posted:
Maybe they wan to take over lcd liao......icd also halt
Qanghoo ( Date: 18-Sep-2014 21:46) Posted:
Yet another bonus issue?  But not possible cos SGX has imposed more stringent rules for bonus issues.  Still maybe bonus warrants possible.
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