| Latest Forum Topics / Chip Eng Seng |
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ChipEngS - Low PE, High Yield and High NAV in One
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LianBeng
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30-May-2016 11:31
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Fair value on investment properties only recorded in Q4 each financial year. In Q4 FY2015 (May 2015), the fair value gain on investement properrties amounted to S$52m (38% of Profit after tax of S$136m) where gain of S$50m  derived from Westlite Mandai (Lian Beng 51% and Centurion 49%). Refer to Centurion FY2015 (Dec 2015)  results announcment, there is one off write down of S$4.8m on the carrying value of Westlite Mandai. Accordingly, Lian Beng may recorded a fair value loss or much lower  fair value gain in Q4 FY2016 (May 2016). Lian Beng recorded a higher profit after tax of S$77m  for 9 mths period ended Feb 2016 as compared to S$58m for 9 mths period end Feb 2015. However, Lian Beng may recorded a lower fair value gain  or  a fair value loss  in Q4. Lian Beng mostly will recorded higher profit after tax (if excluding fair value changes), but lower profit after tax (if including fair value changes) in FY2016
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edwinjup
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29-May-2016 21:00
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Coming few months very tough for investing.. ..school holiday...high yield bond like hyflux...fed decision....uk vote....and very few companies give out div in jun/july.... | ||||||||||||||||
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tangsookiam1947
Master |
29-May-2016 21:00
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From April until May, about $20mil earned from Fulcrum. Assuming say 15% net profit margin, about 0.5 cent EPS from Fulcrum. |
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tangsookiam1947
Master |
29-May-2016 20:49
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High Park Residence close to 97% sold liao... Should hit 100% by year end... Project Information
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HazardKoh
Master |
29-May-2016 19:38
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u can take  a look at lian beng.. annoucing full year result in july. Profit expected to be > last year by 30%. Dividend expected to be more than last year of 2 cents, should be 2.5 or 3 cents dividend, plus i suspect they will reward share holders for the their support with the good results annouced.  
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Jebusishere
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29-May-2016 16:56
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missed the opportunity to get in when it is 63c, now it will be rising quickly soon to 70c indeed. which will present itself as a 10% capital gain |
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Qanghoo
Supreme |
28-May-2016 08:15
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Thx for the update brother.
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tangsookiam1947
Master |
28-May-2016 00:47
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CES is set to cross 70 cents soon...Latest update on TM project below. Does Mr Market know that this project alone - EPS = ~ 20 cents!!!! ____ As we have reported previously, delays to our Tower Melbourne project have occurred due to the legal dispute with the adjoining owner, who has raised objections in regards to the proposed protection works that form part of the demolition procedures involved to demolish the existing building on the project site. We are pleased to advise that we have obtained some recent excellent progress in the form of two determinations of the Building Appeals Board, ruling in our favour. These determinations very clearly uphold our position and are a large step towards work recommencing on site. While we are not just yet at the point of continuing demolition works, we are now much closer. Although we are not yet able to confirm exactly when works will recommence, it is clear that it is only a matter of time before we are able to see Tower Melbourne realised. We understand, and share your frustration with these delays to date, however once again we want to take this opportunity to let you know that we are continuing to seek resolution of this issue as soon as possible. With our recent wins in this regard, we will be pressing home our position to obtain a speedy resolution, so that construction works on site may continue. Once more, we reiterate our continued commitment to Tower Melbourne, and again thank you for your continued patience and understanding in this matte |
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Qanghoo
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27-May-2016 13:50
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My sense is mkt may tank in June with Brexit n FED blurring things.  So, this one may also gostan a bit.  But once mkt normalises, think 70c shd be no problem. 
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tangsookiam1947
Master |
27-May-2016 12:54
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65 cents liao. Next level is 70 cents. Wait till Q2 result is out - maybe the whole market taken by surprise...haha |
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tangsookiam1947
Master |
26-May-2016 23:54
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Can see very strong bids for CES from 64 cents all the way to 60 cents....think 65 cents should be breached soon... |
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lifeisgood
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26-May-2016 14:58
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However, that might be just rumors. Recently I saw he and his wife attend a wedding dinner together. Seems loving on the surface.  |
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lifeisgood
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26-May-2016 14:54
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Raymond and his wife not on good terms? Raymond having some fun outside I heard.  |
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Qanghoo
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26-May-2016 13:59
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Don' t think old man will leave him empty handed also lah.  So, at least together with wife got some control also - shd be isn' t it?
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edwinjup
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26-May-2016 13:23
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Raymond now got his own company liao....ces is his father in law companies....dont think he keen to takeover.....lol..
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nphp1117
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26-May-2016 13:11
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What are possible actions? is it going to be good for this stock ?
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lifeisgood
Supreme |
26-May-2016 08:52
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Definitely corporate actions happening. Raymond Chia not happy he does not have major shareholding in CES.  |
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tangsookiam1947
Master |
25-May-2016 23:04
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did anyone see the latest announcement from CES? possible RTO? |
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Jebusishere
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24-May-2016 01:06
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Looking at a rebound for this counter, will enter if there is a retracement in it. | ||||||||||||||||
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tangsookiam1947
Master |
23-May-2016 17:10
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Mr market might have underestimated the EPS from high park residences.   |
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