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OK Huat !!!
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easywin
Supreme |
17-Mar-2025 09:15
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Very friendly and on the way to 145 soon | ||||
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bernardc
Elite |
17-Mar-2025 09:13
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ATH..43 HIT
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waitlonglong2011
Senior |
17-Mar-2025 09:09
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54 cents? Reporter ought to be sacked? | ||||
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machidrain
Veteran |
17-Mar-2025 08:42
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https://www.straitstimes.com/business/dbs-uob-ocbc-slip-on-tariff-concerns-property-construction-boom-propels-okp-to-record-high | ||||
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machidrain
Veteran |
17-Mar-2025 08:41
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Property, construction boomShares of construction and engineering company OKP Holdings closed the week at 54 cents, its highest level in 10 years, amid a rise in construction spending in Singapore. Some $47 billion to $53 billion in construction contracts are expected to be awarded in 2025, driven by upgrading works for public housing, construction of Changi Airport Terminal 5 and the expansion of Marina Bay Sands, according to the Building and Construction Authority (BCA) in January. This is higher than the estimated $44.2 billion in contracts in 2024, due to an anticipated increase in the launch of major public infrastructure projects and development of public and private housing, BCA said. About 19,600 Build-To-Order flats will be launched in 2025, while seven private housing developments have already been launched so far in 2025. These include The Orie in Toa Payoh, Parktown Residence@Tampines, Aurelle of Tampines, Elta in Clementi, Lentor Central Residences and Aurea, which is located at the former Golden Mile site in Beach Road. Also taking advantage of this boom is developer OKH Global, which on March 11 released documents for an April 3 special general meeting for shareholders to vote on its $118.5 million acquisition of Chip Eng Seng Construction. OKH Global plans to pay for the acquisition of Chip Eng Seng Construction by issuing new shares at 5.252 cents each. As at June 30, 2024, Chip Eng Seng Construction&rsquo s outstanding order book was in excess of $2 billion, which significantly exceeds the order books of other Singapore-listed construction companies, OKH Global said. If approved by shareholders, the acquisition will thus enable OKH Global to emerge as one of the significant players in Singapore&rsquo s building and construction industry. Chip Eng Seng Construction is the construction arm of developer Chip Eng Seng, which was privatised in 2022 by investors Gordon and Celine Tang. Shares of OKH Global rose by more than 33 per cent last week to close at four cents. |
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Caesar
Master |
14-Mar-2025 17:33
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At least you believe in what you said ... am with you, vested since Dec
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Newbornborn
Senior |
14-Mar-2025 17:29
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Very strong buy @ .04-.041 - support | ||||
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bernardc
Elite |
14-Mar-2025 17:17
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Another 1 CT..will hit 5.2...huart big big..
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papayaface
Supreme |
14-Mar-2025 17:13
Yells: "This is the best time to enter....when everythings uncertain" |
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Really? In that case, if OKG doesn' t go up above 42 on Monday, my advise is to please sell otherwise today' s buyers will be dumping left right center and then say bye bye to you.
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bernardc
Elite |
14-Mar-2025 16:56
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ATH 42
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bernardc
Elite |
14-Mar-2025 16:53
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42 now....great run
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Stocky901
Supreme |
14-Mar-2025 16:40
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Haha on board the train. Leave all red eyes behind ✌ ️ ✌ ️
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bernardc
Elite |
14-Mar-2025 16:10
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The short squeeze..behind...double up..the gravy train | ||||
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bernardc
Elite |
14-Mar-2025 11:54
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Conjunctivitis is spreading here...bystanders getting infected.....
Solutions
Join the gravy train..
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bernardc
Elite |
14-Mar-2025 11:44
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Anyone shorted??
Short squeeze?
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easywin
Supreme |
14-Mar-2025 11:31
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Before lunch may see 42 liao | ||||
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piscesmonkey
Supreme |
14-Mar-2025 11:20
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10cents? Maybe half take to private liao
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superstartup
Supreme |
14-Mar-2025 11:10
Yells: "Enjoy doing Fundamental Research" |
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After acquisition, the NTA for the combined company is 3.67c (drop from 5.25c) And the EPS for the combined company is negative 0.35c (reverse from a positive EPS of 0.32c) As per company announcement. Just sharing again the company tabulated financial details for the acquisition.
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waitlonglong2011
Senior |
14-Mar-2025 11:06
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For 10cents, gotta wait very long. I sold mine bought between 29-34 at 40. will slowly collect back anything lower before EGM. Else just move on! :) I am not greedy, and I had based on my math on the average pps of $0.0406.
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7ocean
Master |
14-Mar-2025 11:04
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After Lunch may be 2nd wave are coming... BB are fighting each other to collecting
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