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Eagle88 Supreme	20-Feb-2017 14:54        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	lai liao lai liao....
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Eagle88 Supreme	20-Feb-2017 13:29        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the major shareholders can get banks to " help" them to buy up all the shares that they dont already owned, they still can eat all the cakes by themselves....let say pay average or offer S$0.85 for the shares in the open market and pay all the expenses for delisting, stil can get lots of money after that by themselves...lol... Eagle88      ( Date: 20-Feb-2017 09:49) Posted: At market close on Feb 15, the group&rsquo s share price was 70.5 cents it had a market capitalisation of $437.8 million. Its net asset value as at end-September 2016 was $1.20 a share. With its price-to-book ratio now at 0.59, some investors are speculating about whether a privatisation is on the cards for Chip Eng Seng. Last year, Sim Lian Group, another construction and property development company, was delisted. BrotherHuat      ( Date: 20-Feb-2017 09:40) Posted: Price movement Very Sluggish!!! Is there any news of a takeover??? Didn' t come across this piece of news - care to share???
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Eagle88 Supreme	20-Feb-2017 13:12        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dividend declared is 4 cents, so if bought the share at 72 cents, only needs to pay 68 cents + commission... Eagle88      ( Date: 20-Feb-2017 12:49) Posted: This stock can use cpf to buy and lock in before it cheong up....dividends itself already more than what cpf gives....plus share price gained...cpf should thank me for helping out...lol...
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Eagle88 Supreme	20-Feb-2017 12:49        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This stock can use cpf to buy and lock in before it cheong up....dividends itself already more than what cpf gives....plus share price gained...cpf should thank me for helping out...lol...
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Eagle88 Supreme	20-Feb-2017 11:05        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There are few big giant developers that can easily take over CES...one of them is Capitaland... BrotherHuat      ( Date: 20-Feb-2017 09:40) Posted: Price movement Very Sluggish!!! Is there any news of a takeover??? Didn' t come across this piece of news - care to share??? Eagle88      ( Date: 20-Feb-2017 00:08) Posted: Just buy more for future appreciation.... no take over also make money from higher share price and dividends...if got take over, sure have to pay higher premiums to present heavily discounted share price...very low calculated risk to hold for long...can use cpf
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Eagle88 Supreme	20-Feb-2017 10:20        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The units in Grandeur Park Residences will be priced at an average of $1,350 psf, says Raymond Chia, Chip Eng Seng&rsquo s executive chairman and group CEO. The developer purchased the site a year ago with a bid of $419.38 million, or $761 psf per plot ratio (ppr). This translates into a breakeven price of about $1,100 psf, according to Desmond Sim, CBRE head of research for Singapore and Southeast Asia.   Gross Profit ie (1350 - 1100) psf = 250 psf *1000 sqf per unit (averaged) = 250K profit per unit X 720 units = 180 million gross profit....not realised immediately until all handed over to owners.... BrotherHuat      ( Date: 20-Feb-2017 09:55) Posted: Profit of 180 million for a Residential Project doesn' t seems right - are you refering to the 1st Qtr Profit for CES??? Eagle88      ( Date: 20-Feb-2017 09:45) Posted: Grandeur Park Residences 720 units X 250K profit per unit = 180 million if all sold....good sign...
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BrotherHuat Member	20-Feb-2017 09:55        BrotherHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit of 180 million for a Residential Project doesn' t seems right - are you refering to the 1st Qtr Profit for CES??? Eagle88      ( Date: 20-Feb-2017 09:45) Posted: Grandeur Park Residences 720 units X 250K profit per unit = 180 million if all sold....good sign...
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Eagle88 Supreme	20-Feb-2017 09:51        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theedgeproperty.com.sg/content/revitalising-chip-eng-seng Eagle88      ( Date: 20-Feb-2017 09:49) Posted: At market close on Feb 15, the group&rsquo s share price was 70.5 cents it had a market capitalisation of $437.8 million. Its net asset value as at end-September 2016 was $1.20 a share. With its price-to-book ratio now at 0.59, some investors are speculating about whether a privatisation is on the cards for Chip Eng Seng. Last year, Sim Lian Group, another construction and property development company, was delisted. BrotherHuat      ( Date: 20-Feb-2017 09:40) Posted: Price movement Very Sluggish!!! Is there any news of a takeover??? Didn' t come across this piece of news - care to share???
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Eagle88 Supreme	20-Feb-2017 09:49        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At market close on Feb 15, the group&rsquo s share price was 70.5 cents it had a market capitalisation of $437.8 million. Its net asset value as at end-September 2016 was $1.20 a share. With its price-to-book ratio now at 0.59, some investors are speculating about whether a privatisation is on the cards for Chip Eng Seng. Last year, Sim Lian Group, another construction and property development company, was delisted. BrotherHuat      ( Date: 20-Feb-2017 09:40) Posted: Price movement Very Sluggish!!! Is there any news of a takeover??? Didn' t come across this piece of news - care to share??? Eagle88      ( Date: 20-Feb-2017 00:08) Posted: Just buy more for future appreciation.... no take over also make money from higher share price and dividends...if got take over, sure have to pay higher premiums to present heavily discounted share price...very low calculated risk to hold for long...can use cpf
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Eagle88 Supreme	20-Feb-2017 09:45        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Grandeur Park Residences 720 units X 250K profit per unit = 180 million if all sold....good sign...
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BrotherHuat Member	20-Feb-2017 09:40        BrotherHuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price movement Very Sluggish!!! Is there any news of a takeover??? Didn' t come across this piece of news - care to share??? Eagle88      ( Date: 20-Feb-2017 00:08) Posted: Just buy more for future appreciation.... no take over also make money from higher share price and dividends...if got take over, sure have to pay higher premiums to present heavily discounted share price...very low calculated risk to hold for long...can use cpf? tangsookiam1947      ( Date: 19-Feb-2017 10:14) Posted: https://www.theedgeproperty.com.sg/content/revitalising-chip-eng-seng On the opposite site of New Upper Changi Road is the 582-unit Urban Vista, developed by Fragrance Group in a joint venture (JV) with World Class Land, the property development arm of Aspial Corp. Launched in March 2013 at an average of $1,481 psf, the project was fully sold and completed last year. Adjacent to Grandeur Park Residences is eCO, a 748-unit development by Far East Organization, Frasers Centrepoint and Sekisui House. The condo was completed late last year and all except one unit, a townhouse, was still available as at end-January. &ldquo We have very little competition in the area, as most of the projects in the neighbourhood are already completed and either substantially or fully sold,&rdquo says Chia. &ldquo And there&rsquo s no new competition coming up in the near future.&rdquo Although URA has indicated that there is a &ldquo future residential development site&rdquo adjacent to Grandeur Park Residences, it has not been released on the Government Land Sales (GLS) programme for 1H2017.
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Eagle88 Supreme	20-Feb-2017 00:08        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just buy more for future appreciation.... no take over also make money from higher share price and dividends...if got take over, sure have to pay higher premiums to present heavily discounted share price...very low calculated risk to hold for long...can use cpf? tangsookiam1947      ( Date: 19-Feb-2017 10:14) Posted: https://www.theedgeproperty.com.sg/content/revitalising-chip-eng-seng On the opposite site of New Upper Changi Road is the 582-unit Urban Vista, developed by Fragrance Group in a joint venture (JV) with World Class Land, the property development arm of Aspial Corp. Launched in March 2013 at an average of $1,481 psf, the project was fully sold and completed last year. Adjacent to Grandeur Park Residences is eCO, a 748-unit development by Far East Organization, Frasers Centrepoint and Sekisui House. The condo was completed late last year and all except one unit, a townhouse, was still available as at end-January. &ldquo We have very little competition in the area, as most of the projects in the neighbourhood are already completed and either substantially or fully sold,&rdquo says Chia. &ldquo And there&rsquo s no new competition coming up in the near future.&rdquo Although URA has indicated that there is a &ldquo future residential development site&rdquo adjacent to Grandeur Park Residences, it has not been released on the Government Land Sales (GLS) programme for 1H2017.
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tangsookiam1947 Master	19-Feb-2017 10:14        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theedgeproperty.com.sg/content/revitalising-chip-eng-seng On the opposite site of New Upper Changi Road is the 582-unit Urban Vista, developed by Fragrance Group in a joint venture (JV) with World Class Land, the property development arm of Aspial Corp. Launched in March 2013 at an average of $1,481 psf, the project was fully sold and completed last year. Adjacent to Grandeur Park Residences is eCO, a 748-unit development by Far East Organization, Frasers Centrepoint and Sekisui House. The condo was completed late last year and all except one unit, a townhouse, was still available as at end-January. &ldquo We have very little competition in the area, as most of the projects in the neighbourhood are already completed and either substantially or fully sold,&rdquo says Chia. &ldquo And there&rsquo s no new competition coming up in the near future.&rdquo Although URA has indicated that there is a &ldquo future residential development site&rdquo adjacent to Grandeur Park Residences, it has not been released on the Government Land Sales (GLS) programme for 1H2017.
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tangsookiam1947 Master	19-Feb-2017 10:02        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	only 720 units but the crowd density was higher than high park residence.. going to be balloting liao. foresee that more than 50% will be sold before opening to public!!
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Eagle88 Supreme	19-Feb-2017 09:34        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ho siah lio...lol... tangsookiam1947      ( Date: 19-Feb-2017 00:13) Posted: super crowded!!!
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Eagle88 Supreme	19-Feb-2017 09:33        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore properties are improving and on uptrend....CES is on up trend and the stock price is heavily discounted almost 50% which is unjustifiable!!! Next quarter's revenue and profits will sure go up tremendously!!! Buy the shares while it's still fairly low and lock them in....lol... tangsookiam1947      ( Date: 19-Feb-2017 00:13) Posted: super crowded!!!
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tangsookiam1947 Master	19-Feb-2017 00:13        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	super crowded!!!
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AttasBoss Elite	18-Feb-2017 10:29        AttasBoss About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone going to the preview today hows the crowd there
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tangsookiam1947 Master	17-Feb-2017 23:49        tangsookiam1947 About Contact  Quote this Post!
x 0   x 0  Alert Admin	CONSTRUCTION and property development group Chip Eng Seng flagged improved sentiment in the Singapore residential property market to explain why it was launching its latest condominium project. " The results of new residential property launches in H2 2016 were more encouraging than H1 2016," it said. The firm will be " leveraging on this improved sentiment" for its latest 720-unit Grandeur Park Residences development in Tanah Merah, which goes on sale in early March. It noted that its High Park Residences development in Sengkang is 99.4 per cent sold while its high-end development in Katong, called Fulcrum, is 43.8 per cent sold. The firm reported a net profit of S$14.9 million for its fourth quarter ended Dec 31, 2016, 52.5 per cent higher than a year ago. Higher profits were driven by a net fair value gain on investment properties. The firm also enjoyed lower administrative expenses due to a lower impairment loss on a development property, and the absence of a fair value loss on investment properties. Revenue rose 62.5 per cent to S$250 million, driven by revenue recognition for High Park Residences. Construction revenue also rose due to Woodlands and Tampines building works projects. For the full year of 2016, revenue was up 10.6 per cent to S$748 million compared with a year ago. But cost of sales rose faster, hence gross profit fell 9.3 per cent to S$146.5 million. Net profit for shareholders fell 43.3 per cent to S$35.7 million, in part due to much higher income tax expenses. The firm added that Australia residential housing demand softened recently due to less availability of financing to foreign buyers combined with a stamp duty hike. The group is thus reviewing its plan to launch its South Melbourne project in the first half of the year. Construction segment order book was S$537.4 million at end-2016, down from S$628.8 million the preceding quarter. A first and final dividend of four cents per share was declared, unchanged from a year ago. Net asset value at end-2016 was S$1.23, up from S$1.21 a year ago.
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Eagle88 Supreme	17-Feb-2017 10:11        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	to collect more at 72/725....before moving up beyond 73.... BrotherHuat      ( Date: 17-Feb-2017 09:55) Posted: Failed to take-off - Engine needs overhaul!!! Eagle88      ( Date: 17-Feb-2017 09:19) Posted: CHEONG AH !!! 80 80 80 !!!!
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