Back

Latest Forum Topics / SingHoldings    Last:0.495 --

Post Reply

Sing Holdings - Grossly undervalued Post Reply Rate topic
lifeisgood Supreme	09-Apr-2019 16:27        lifeisgood About Contact  Quote this Post!
x 0   x 0  Alert Admin	Doing great. 不 要 给 他 停 ！
Useful To Me  Not Useful To Me
stockinvestor Master	09-Apr-2019 16:08        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	41c cleared.  volume increasing.
Useful To Me  Not Useful To Me
stockinvestor Master	08-Apr-2019 12:38        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	40.5c cleared. helloisme      ( Date: 08-Apr-2019 09:39) Posted: stockinvestor Once again... thanks for the update stockinvestor      ( Date: 08-Apr-2019 07:34) Posted: Based on facebook indications, a minimum of 7 more units have been sold at Parc Botannia in the past week.  This would bring the total caveats to be lodged to 542 = 73.7%, possibly more.  To be confirmed when the caveats are released this Friday.
Useful To Me  Not Useful To Me
helloisme Veteran	08-Apr-2019 09:39        helloisme About Contact  Quote this Post!
x 0   x 0  Alert Admin	stockinvestor Once again... thanks for the update stockinvestor      ( Date: 08-Apr-2019 07:34) Posted: Based on facebook indications, a minimum of 7 more units have been sold at Parc Botannia in the past week.  This would bring the total caveats to be lodged to 542 = 73.7%, possibly more.  To be confirmed when the caveats are released this Friday.
Useful To Me  Not Useful To Me
stockinvestor Master	08-Apr-2019 07:34        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on facebook indications, a minimum of 7 more units have been sold at Parc Botannia in the past week.  This would bring the total caveats to be lodged to 542 = 73.7%, possibly more.  To be confirmed when the caveats are released this Friday.
Useful To Me  Not Useful To Me
stockinvestor Master	05-Apr-2019 15:27        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	As at last Sunday, 535 units worth $495.3m were sold.  Average price continues to inch up to 1288.66psf.  Parc Botannia was 72.8% sold.  According to the annual report, that means more units were sold this week in the first 4 weekdays.  $7m worth or around 5 units.
Useful To Me  Not Useful To Me
stockinvestor Master	04-Apr-2019 20:28        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Latest Annual Report is out and in the Chairman' s statement alone, it says 73% of the units in Parc Botannia have been sold with a value of $502.3m.
Useful To Me  Not Useful To Me
stockinvestor Master	04-Apr-2019 11:20        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	40c cleared.
Useful To Me  Not Useful To Me
FreedomInvestor Member	03-Apr-2019 18:23        FreedomInvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Playing catching up now...first tier property counters had a good run and now punters rotating to the second liner property counters  SH has been trading within a tight range since Oct 18 and well supported in the 38 - 40 range....a breakout could be explosive, just like the trading pattern in Sep 17... My 2-cents worth...
Useful To Me  Not Useful To Me
stockinvestor Master	03-Apr-2019 16:07        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	39c finally cleared.
Useful To Me  Not Useful To Me
stockinvestor Master	01-Apr-2019 09:46        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	based on agents' postings on fb, it looks like a minimum of 6 units had been sold last week (till yesterday).  will confirm with the caveats on friday as usual.  that would mean that there are now less than 200 units left to sell and around 73% sold.
Useful To Me  Not Useful To Me
stockinvestor Master	01-Apr-2019 09:31        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes, no harm at all as long as they are always ready to deploy the cash when a profitable opportunity on low risk comes along.  they have been doing that successfully over the years. alexchew      ( Date: 01-Apr-2019 08:46) Posted: Sing is one company that is not afraid to sit back and wait. Isn' t this how a patient investor should act in stock market as well? I do not see any harm sitting on cash rather than investing for the sake of deploying cash..  stockinvestor      ( Date: 01-Apr-2019 08:22) Posted: If their lowball bid succeeded at Sims Dr (621psf) then they would have margin of safety as the project would very likely be profitable even amidst the competition.  No harm lowballing until hit or step up the bid a bit when the right site/timing comes along
Useful To Me  Not Useful To Me
alexchew Master	01-Apr-2019 08:46        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sing is one company that is not afraid to sit back and wait. Isn' t this how a patient investor should act in stock market as well? I do not see any harm sitting on cash rather than investing for the sake of deploying cash..  stockinvestor      ( Date: 01-Apr-2019 08:22) Posted: If their lowball bid succeeded at Sims Dr (621psf) then they would have margin of safety as the project would very likely be profitable even amidst the competition.  No harm lowballing until hit or step up the bid a bit when the right site/timing comes along. iinvestor      ( Date: 31-Mar-2019 23:16) Posted: Agree. One, I think their record shows their market timing is good. Past profitable fully sold projects speak for itself. Two, at this time of the cycle in the property market frankly, I prefer a developer who is nearing end of sales of ALL their units and sitting on cash. RATHER than those still stuck with inventory purchased from past 1-2 years landbank. Buy and wait, dont itchy finger.
Useful To Me  Not Useful To Me
stockinvestor Master	01-Apr-2019 08:22        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	If their lowball bid succeeded at Sims Dr (621psf) then they would have margin of safety as the project would very likely be profitable even amidst the competition.  No harm lowballing until hit or step up the bid a bit when the right site/timing comes along. iinvestor      ( Date: 31-Mar-2019 23:16) Posted: Agree. One, I think their record shows their market timing is good. Past profitable fully sold projects speak for itself. Two, at this time of the cycle in the property market frankly, I prefer a developer who is nearing end of sales of ALL their units and sitting on cash. RATHER than those still stuck with inventory purchased from past 1-2 years landbank. Buy and wait, dont itchy finger.
Useful To Me  Not Useful To Me
iinvestor Veteran	31-Mar-2019 23:16        iinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree. One, I think their record shows their market timing is good. Past profitable fully sold projects speak for itself. Two, at this time of the cycle in the property market frankly, I prefer a developer who is nearing end of sales of ALL their units and sitting on cash. RATHER than those still stuck with inventory purchased from past 1-2 years landbank. Buy and wait, dont itchy finger.
Useful To Me  Not Useful To Me
stockinvestor Master	31-Mar-2019 12:18        stockinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sing Holdings did purchase in 2016 and it is likely to lead to their highest profit ever made on a single project.  :) The Sims Drive GLS plot just got " cheaper" relative to plots sold in the last 2 years considering that its quite near the Aljunied MRT station. I do agree that low cost land will remain limited but this company' s pattern is it will wait for the right price AND the right attributes combined.  When it sees a plot really worth going for, it will step up its bid price (to win by the narrowest of margins) just like it did when it bid for the Parc Botannia plot.      Qanghoo      ( Date: 31-Mar-2019 08:18) Posted: To my mind, land banking will not get any cheaper going forward.  For one thing, if a bid is deemed too low the authorities might not sell, not to mention that GLS itself might be scaled back if conditions are deemed not conducive.  Also, if one bids too low, there probably wld be others with more bullish bids to win it.  There are lots of developers, including foreign ones (out of the PRC for example) who are also keen to land bank.  Take a look at the lull period between 2015-16 with reduced local developer interests.  Who were winning some of the GLS tenders then? FreedomInvestor      ( Date: 31-Mar-2019 00:14) Posted: Last week GLS tender for Sims Drive seems to indicate that developers are turning more cautious towards mass market segment. If this continues, it may not take too long for SH to finally succeed in getting a site from GLS tender. Hopefully SH can also build up its recurring income portfolio. Maintain a balance between IP and DP, use recurring cashflow from IP to improve dividend payout and recycle its development profits into new projects.
Useful To Me  Not Useful To Me
Qanghoo Supreme	31-Mar-2019 08:18        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	To my mind, land banking will not get any cheaper going forward.  For one thing, if a bid is deemed too low the authorities might not sell, not to mention that GLS itself might be scaled back if conditions are deemed not conducive.  Also, if one bids too low, there probably wld be others with more bullish bids to win it.  There are lots of developers, including foreign ones (out of the PRC for example) who are also keen to land bank.  Take a look at the lull period between 2015-16 with reduced local developer interests.  Who were winning some of the GLS tenders then? FreedomInvestor      ( Date: 31-Mar-2019 00:14) Posted: Last week GLS tender for Sims Drive seems to indicate that developers are turning more cautious towards mass market segment. If this continues, it may not take too long for SH to finally succeed in getting a site from GLS tender. Hopefully SH can also build up its recurring income portfolio. Maintain a balance between IP and DP, use recurring cashflow from IP to improve dividend payout and recycle its development profits into new projects.
Useful To Me  Not Useful To Me
FreedomInvestor Member	31-Mar-2019 00:14        FreedomInvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last week GLS tender for Sims Drive seems to indicate that developers are turning more cautious towards mass market segment. If this continues, it may not take too long for SH to finally succeed in getting a site from GLS tender. Hopefully SH can also build up its recurring income portfolio. Maintain a balance between IP and DP, use recurring cashflow from IP to improve dividend payout and recycle its development profits into new projects.
Useful To Me  Not Useful To Me
fundamentalhero Veteran	30-Mar-2019 23:22        fundamentalhero About Contact  Quote this Post! Style: Fundamental   Yells: "I NEED HONEYS AND MONIES"
x 0   x 0  Alert Admin	frankly i more scared of cash companies nowadays since courts and challenger. best is got more projects and need investor monies or to be listed so can get loans.
Useful To Me  Not Useful To Me
fundamentalhero Veteran	30-Mar-2019 23:19        fundamentalhero About Contact  Quote this Post! Style: Fundamental   Yells: "I NEED HONEYS AND MONIES"
x 0   x 0  Alert Admin	hopefully. weehur seems to be on better developmental footings while sh if got new projects be good. now quite few land sites for tendering. we will see if got any by september? not to sure with how this gls works. someone pro at it explain timeline? good to have more knowledge.
Useful To Me  Not Useful To Me

                                                         First   < Newer   901-920 of 1629   Older>   Last