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1st nov
moron101 ( Date: 29-Sep-2017 17:19) Posted:
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When is the dividend payout?
Today' s trading seems to indicate there' s support for this stock. The buying is especially strong in the last two hours of trading.
All it needs is to maintain sideways for a while for the next leap to 62 cents.
All it needs is to maintain sideways for a while for the next leap to 62 cents.
Short term TP 64 cents.
http://www.theedgemarkets.com/en/article/ksh-lian-beng-heeton-oxley-shares-tear-after-site-china%E2%80%99s-latest-sez-revealed
SINGAPORE (April 4): The share prices of KSH Holdings, Lian Beng Group, Heeton Holdings and Oxley Holdings sprung to life on Tuesday after news broke that a &ldquo 1,000 year&rdquo Special Economic Zone (SEZ) would be sited right next to their joint-venture development in Hebei province.
Called the Sino-Singapore Health City, the development is located in Gaobeidian, some 82 km south-east of Beijing, and a stone&rsquo s throw away from China&rsquo s newest SEZ.
On April 1, the Chinese government announced that it would recreate the Xiongan new area, Xiongxian County in Hebei into a &ldquo 1,000 year&rdquo SEZ, similar to that in Shenzhen and Pudong, Shanghai. Xiongan is 100 km south-east of Beijing.
Hordes of speculators promptly poured into the province such that the Hebei government had to halt property transactions in Xiongxian county on Sunday.
The Chinese press reported that resale properties that used to sell for RMB4,000 psm (S$811 psm) in nearby areas in Hebei have doubled to RMB8,000 psm. Properties in Baoding, Hebei, were reported to be selling at RMB18,000 psm.
In 2014, Oxley Holdings, along with KSH, Heeton and Lian Beng formed a joint venture with a Chinese partner to develop the Gaobeidian project with an initial investment of RMB450 million.
Oxley originally had a 20% stake but raised it to 27.5%, and now holds the largest share in the project. KSH holds 22.5% while Lian Beng and Heeton holding 7.5% and around 5% respectively.
The project comprises a 393,335 sqm site and allowable gross floor area of 1,234,006 sqm.
KSH announced in its FY2016 annual report that construction for Phase One started in June last year and should complete in 24 months.
Phase One consists a 40,000 sqm commercial belt, 1,600 mass-market residential units estimated to be priced at RMB4,000 to RMB5,000 psm, and 1,450 high-end residential units estimated to be priced at RMB7,000 to RMB8,000 psm.
&ldquo We are launching Phase One soon,&rdquo says Ching Chiat Kwong chairman of Oxley Holdings.
Analysts have estimated that the land price of the Sino-Singapore Health City have surged so much that its valuation is 120% the market cap of KSH at S$278 million. By comparison, Oxley Holdings&rsquo market cap is S$1.7 billion.
On Tuesday, shares of KSH closed 8.5 Singapore cents higher at 63.5 Singapore cents shares of Lian Beng closed 7.5 Singapore cents higher at 61.5 Singapore cents shares of Heeton closed 2 Singapore cents higher at 39.5 Singapore cents while shares of Oxley closed 2.5 Singapore cents higher at 58.5 Singapore cents.
Dancing with Ah Beng.... Hehehehe.....
Property counters are moving up after Govt relaxed property curbs. Can benefit Oxley by making Singapore market attractive again for development projects.
Even without this catalyst, Oxley currently is so undervalued at 60 cents. Long-time target of RHB is 85 cents.
The next quarterly results are expected to see solid earnings, maybe S$80 -95 million, by back of the envelope estimate.
Is moving!!!!!
This looks good...guess is preparing for some kind of action.....:)
Best. Pls do ur own home work n due diligence.
Don let BBs take us for a ride n carry their babe..
taxiuncle ( Date: 10-Feb-2017 10:51) Posted:
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Oxley Gem P/L is seeking a S$585m (US$413m) multi-tranche refinancing.
Close on the heels of its parent' s US$200m loan last mth.
Desperate need this $, call for desperated action.
teeth53 ( Date: 16-Feb-2017 22:05) Posted:
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Don' t think so. or else why he sold out IHC oni for 0.106c?. They oredi own 35.77%
Think - He need those money desperately.
alexchew ( Date: 14-Dec-2016 17:55) Posted:
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He need those money from IHC sales to Riady' s, if not. if he cannot cover his debt.
He die faster.
Qanghoo ( Date: 14-Dec-2016 17:53) Posted:
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Oxley just taken retailers for a ride on IHC deal n retailers oso has to pay for such ride.
Going for Shortist here to short sell.
Oxley Gem Pte Ltd is seeking a S$585m (US$413m) multi-tranche refinancing, following close on the heels of its parent' s US$200m loan last month, according to sources familiar with the matter.
Maybank is the sole mandated lead arranger and bookrunner of the three-year deal, which comprises a S$332m term loan A, S$143m term loan B and a S$110m revolving credit facility.
The loan was pre-funded in November and launched into limited syndication in December.
It pays a blended top level all-in of 185bp. Depending on the tranches, the interest margins range from 140bp to 190bp over Sibor.
The deal backs the construction and development of two new hotels located at Stevens Road in Singapore ??? Novotel and Ibis Hotel. The hotels, which are part of a combined project, are expected to open in the second quarter of 2017.
Proceeds will be used to refinance a S$489.58m 4.5-year loan sealed in July 2013. Maybank and United Overseas Bank were the MLABs of that facility, which financed the acquisition of land and construction of a proposed mixed development at 30 Stevens Road. CIMB Bank, Hong Leong Finance and RHB joined the transaction as participants.
Oxley Gem is a subsidiary of Singapore-listed Oxley Holdings Ltd, which raised US$200m from a three-year senior secured loan in January. Deutsche Bank was the MLABU of the bullet facility, which offered a top level all-in pricing of 383.33bp based on an interest margin of 300bp over Libor and an early bird fee of 25bp. Four other lenders joined the deal.
(https://www.loanconnector.com/NewsDisplay/NewsContent?docId=5055230))
Oxley Holdings is a developer of high-end residential, commercial and industrial projects and has operations in Singapore, the United Kingdom, Ireland, China, Cambodia, Malaysia, Myanmar, Indonesia and Japan.
Seems in a up trend mode. What is next for this ?
2017 results is expected to be record high. Looks promising.
BB pushing up since last week
This has wake up again......
Now who is the evil one? So what if he invested in Oxley.....what's in for you? Didn't ask you to pay for his lost, did he??
amandayoung ( Date: 20-Dec-2016 01:38) Posted:
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