KSH    Last:0.34    -0.01

KSH Holding Value @ $0.50 Set to Rise

Used to trade around 20c n quite dead at one time.  Then after a big px upgrade from a broking hse it suddenly became a darling stock.  Think some other constn-property counters just as solid but px numb. 

tcctcc      ( Date: 28-Oct-2015 12:37) Posted: The reason why it is up maybe because the Chinese national who are PR or new citizen are buying.

 

The reason why it is up maybe because the Chinese national who are PR or new citizen are buying.

 

Vested quite a fair bit from 0.47 - 0.53... and HUAT...

 

Now at $0.605, up another half a cent.

This is one stock, a construction cum developer , that is trading near its historic high of $0.615 (set back in May 2013). Escape most people' s attention.

Low PE (~5), good dividend yield (~5%), cash rich and almost zero gearing.

Not vested, just kaypoh.

 

 

 

ohh.. but i tot is fri 5.03pm?? :)

Maybe they start early???

edwinjup      ( Date: 17-Sep-2015 17:17) Posted: Triple.witching ?? Jimmykohkk      ( Date: 17-Sep-2015 17:12) Posted: think so... more foreigners coming in, population shooting up, so constructions cum properties are getting re-rated.. hope for the best..

 

Triple.witching ??

Jimmykohkk      ( Date: 17-Sep-2015 17:12) Posted: think so... more foreigners coming in, population shooting up, so constructions cum properties are getting re-rated.. hope for the best.. aimtowin      ( Date: 17-Sep-2015 17:08) Posted: I think its due!! Gov injecting more infra projects? :-)   SGX issued speeding ticket for KSH share price increase. :-)

 

think so... more foreigners coming in, population shooting up, so constructions cum properties are getting re-rated.. hope for the best..

aimtowin      ( Date: 17-Sep-2015 17:08) Posted: I think its due!! Gov injecting more infra projects? :-)   SGX issued speeding ticket for KSH share price increase. :-)

 

I think its due!! Gov injecting more infra projects? :-)

 

SGX issued speeding ticket for KSH share price increase. :-)

 

Lian Beng also spike up abit... think construction/properties counter getting a rerating???

aimtowin      ( Date: 17-Sep-2015 15:56) Posted: Finally, spike up!! Someone had great news and buy up all the way till 60 cents.

 

Finally, spike up!! Someone had great news and buy up all the way till 60 cents.
 

 

Stagnant at 0.51.
Don't think it will move to the TP

 

KSH Holdings: Clinches a S$78.2m construction contract
KSH announced that it has won a S$78.2m construction contract for the proposed 11-storey Singapore Cultural Centre at Shenton Way. This brings the group?s order book up to S$414m and well within pace of our expectations for contract wins in the range of S$60m ? S$100m over 4QFY15 and FY16. Construction for this project will commence after Mar-15 and will be completed within 89 weeks, and the development will include an art gallery, a recital hall, a multi-purpose hall and a 530-seat auditorium. Management indicates that they expect public sector demand to be strong in the year ahead and actively seek opportunities in this space. Maintain BUY with an unchanged fair value estimate of S$0.71. (Eli Lee)

 

16 Feb 2015 - KSH WINS S$78.2 MILLION CONTRACT TO BUILD THE NEW SINGAPORE CHINESE CULTURAL CENTRE AT SHENTON WAY

 

Just saw the below news posted in Sept 2014:

 

THANKS TO the two posts above which appeared in the NextInsight forum, we stumbled upon an interesting story.

We Googled " Yip Sau Leung" , sent out an email and the good professor confirmed that indeed he had become a substantial shareholder of KSH Holdings.

In a 25 Sept filing to the Singapore Exchange, KSH said that he had  bought 290,000 shares of KSH on Sept 25 this year, lifting his stake above the 5% level to 5.06%.

Associate Professor Paul Yip, whose teaches economics at the Nanyang Technological University (NTU), now owns 20,960,000 shares worth S$11.3 million (based on the recent closing price of 54 cents).

Prior to joining NTU in 1999, he gained extensive central bank and financial experience with the Hong Kong Monetary Authority, the Bank of China and the Bank of East Asia.

Asked why he thought the shares were attractive, he told NextInsight: " " According to market fundamentals such as PE ratio, dividend yield, and the discount between net asset value and share price, the share is substantially undervalued."

He shared his observations regarding the market forces at play: " During my accumulation of the shares, I could feel that there is one big shorter with a few trading accounts (including CIMB) and one big genuine seller in this counter, which should be the main reason for the undervaluation. Market gossip also suggests that the big genuine seller is close to selling most of his shares, and the big shorter would be in trouble by then.

" Other than me, I could also feel that there is another big buyer in the market. Of course, the ' close to selling most' for the big genuine seller would still be a large amount for small investors, albeit not the case for large investors.

" Whatever, patience is most important, as time is on our side. That is, the company result would continue to be good and we will continue to receive good dividends.

KSH (54 cents) trades at a trailing PE of 5.2 X and dividend yield of 5.56%. Its RNAV is estimated to be above $1 by some investors. Chart: Bloomberg
" On the other hand, the shorter has to pay the borrowing cost and the dividend, not to mention that the global market would continue to rise with fluctuations at least in the next few months. In fact, I could feel the big shorter is stuck at the current price level: He already has a heavy paper loss. If he leaves now, it would be a big realized loss.

" The share price will fly up when he covers his short position, as not many shareholders are selling their shares. That is why he is still trying to push the share price down with the hope to create selling panic. However, he has chosen the wrong counter, as most investors in this counter (including the NextInsight forum discussants, the other big buyer and I) are value investors who would only buy more shares when the share price goes down.

He cautioned though: " Of course, the above comments are only based on my judgment during trading, and is not 100% proven correct. However, I do believe it is a good strategy to buy a bit more at the current price and be ready to buy even more in case there is a lower price."


OCBC Investment Research has a target price of 71 cents for KSH Holdings. See:  SIIC ENVIRONMENT -- 25 C Target KSH HOLDINGS -- Buy Call Kept

 

KSH Holdings: Reaping rewards from development projects
3QFY15 PATMI increased 14.6% YoY to S$11.4m given a stronger share of results of JV/associates (from progress recognition at development projects) and higher interest income. 9MFY15 PATMI cumulates to S$27.7m which constitutes 79.4% of our full year estimates and we judge this to be in line. The group?s topline decreased 28.6% to S$59.7m in 3QFY15 given slower activity in its core construction business and also marginally lower rental income from investment properties. The group?s order book now stands at S$336m as at end Dec 2014, lower than S$426m as at end Sep 2014, but still relatively healthy and we expect contract wins in the range of S$60m?S$100m over 4QFY15 and FY16 ahead. The group continues to enjoy a strong balance sheet with S$71.4m in cash and low net gearing of 8.7%. Maintain BUY with an unchanged fair value estimate of S$0.71. (Eli Lee)

 

I hope they do announce good news to kick the price a little 😁

 

Dont think so..need to wait till fy result in may/june

Hby76sg      ( Date: 10-Feb-2015 06:50) Posted: Looks like div is coming . One more day :)

 

Looks like div is coming . One more day :)

 

 

Lets hope good news on 11th Feb 2015.

 

http://infopub.sgx.com/FileOpen/KSH%20Announcement%203%20Feb%202015%20-%20Date%20of%20release%20of%20Third%20Quarter%20Results.ashx?App=Announcement& FileID=333642

 

 

Climbing back... announcement is next week. . Hope there is dividend good news.