Keong Hong    Last:0.135   -

low profile KHH to surprise on the upside

With the strong cashflow and recurring diversified sources of income plus strong order book, back by RNAV of 92 cents and generally strong outlook in property and construction sectors, KH should continue to do well. 

HVRRVH      ( Date: 15-Apr-2017 10:33) Posted: I regretted vested only from 43.5 cents when it was already in my watch list since mid 30 cents range. It was the low pe that attracted me and after research and research, I still can't figure out why the pe is so low and I kept waiting and waiting. Then, profit increased and dividends increased and price surged. Finally decided to vest after learning the news on their Maldives projects. I conclude that the company is financially sound and has clear plan,that is, to develop recurring income sources on top of existing property development and construction business. I will stay vested for long term especially if the dividend payout is sustainable, which I think it will. nqing87      ( Date: 15-Apr-2017 10:26) Posted: thanks for ur opinions.. i had put $1.4k psf on the conservative side in case i missed out on miscellaneous cost like what u mentioned.. not vested yet, but this seems to be an interesting counter which can be monitored as they have strong equity growth over this few years, with consistently high dividend and a very low p/e..

 

Yeah... same same for me

HVRRVH      ( Date: 06-Jan-2018 08:57) Posted: Managed to buy a bit more when it hit 54 cents on 26.12.17. The stock should consolidate now at 60 cents range. Alert set so that I would be notified if price drop back to 56.5 cents to start active monitoring with aim of buying a bit more. Still wish to accumulate the stock but shall do so with patience.

 

Managed to buy a bit more when it hit 54 cents on 26.12.17. The stock should consolidate now at 60 cents range. Alert set so that I would be notified if price drop back to 56.5 cents to start active monitoring with aim of buying a bit more. Still wish to accumulate the stock but shall do so with patience. 

 

they did reply.. but they say they cannot reveal anything.. if cannot reveal then dont ask my personal info lol.. maybe if I' m a big shareholder, then only reveal.. small fry or those not invested, they ignore.. i actually also try to talk to IR of other companies and most of them dont give me any reply, or say cannot reveal things etc.. wonder what' s the purpose of having IR.. must use SGX authority to bombard them with questions, then they will reply > .<

Dinodx      ( Date: 16-Dec-2017 05:38) Posted: Am vested. Think this is one of the few value stocks around. Doing well thus far. To be fair to KH, don't think they have the capacity to reply to all individual email queries ba. Still, thanks for your effort! nqing87      ( Date: 16-Dec-2017 00:54) Posted: i actually tried to ask Keong Hong IR about what is this exceptional gains they are referring to, whether it is from Seaside Residence sales or not, and who are the joint ventures involved for this exceptional gains.. But their IR is very bad, and they actually ask me for my full name, NRIC and CDP account.. i provide my name and CDP account, and their IR reply saying " Please note that we could not provide you with information not yet publicly announced and we do not discuss financial information with individual investors. The correct platform to do this will be at our annual general meeting" .. I got piss because if they are not convenient to reveal anything, they shouldnt ask about my personal info in the 1st place.. So i just send my mail to sgx and complain and ask them for assistance to query KH.. Not sure if they query because of my mail or coincidentally they asking the same question, but in any case i' m grateful for this query.. Anyway, i think that the sales of those Seaside Residence have not been accounted for into their revenue.. So that means we can expect decent amount of eps coming from their Seaside Residence once it TOP and got accounted into their revenue.. I personally think it is undervalue given the eps will be very high if they manage to sell all units of Seaside Residence, but stock market is a lot on sentiment.. property development counters have not had a good market sentiment towards them for this past few years, and they could remain price depress..

 

Am vested. Think this is one of the few value stocks around. Doing well thus far.

To be fair to KH, don't think they have the capacity to reply to all individual email queries ba.

Still, thanks for your effort!

nqing87      ( Date: 16-Dec-2017 00:54) Posted: i actually tried to ask Keong Hong IR about what is this exceptional gains they are referring to, whether it is from Seaside Residence sales or not, and who are the joint ventures involved for this exceptional gains.. But their IR is very bad, and they actually ask me for my full name, NRIC and CDP account.. i provide my name and CDP account, and their IR reply saying " Please note that we could not provide you with information not yet publicly announced and we do not discuss financial information with individual investors. The correct platform to do this will be at our annual general meeting" .. I got piss because if they are not convenient to reveal anything, they shouldnt ask about my personal info in the 1st place.. So i just send my mail to sgx and complain and ask them for assistance to query KH.. Not sure if they query because of my mail or coincidentally they asking the same question, but in any case i' m grateful for this query.. Anyway, i think that the sales of those Seaside Residence have not been accounted for into their revenue.. So that means we can expect decent amount of eps coming from their Seaside Residence once it TOP and got accounted into their revenue.. I personally think it is undervalue given the eps will be very high if they manage to sell all units of Seaside Residence, but stock market is a lot on sentiment.. property development counters have not had a good market sentiment towards them for this past few years, and they could remain price depress.. HVRRVH      ( Date: 15-Dec-2017 19:47) Posted: Any thoughts on their reply to sgx? I am slowly accumulating this stock.

 

Thanks! Appreciate your view greatly.

nqing87      ( Date: 16-Dec-2017 00:55) Posted: anyway i' m not vested in this and i was doing research.. so just my humble personal view only nqing87      ( Date: 16-Dec-2017 00:54) Posted: i actually tried to ask Keong Hong IR about what is this exceptional gains they are referring to, whether it is from Seaside Residence sales or not, and who are the joint ventures involved for this exceptional gains.. But their IR is very bad, and they actually ask me for my full name, NRIC and CDP account.. i provide my name and CDP account, and their IR reply saying " Please note that we could not provide you with information not yet publicly announced and we do not discuss financial information with individual investors. The correct platform to do this will be at our annual general meeting" .. I got piss because if they are not convenient to reveal anything, they shouldnt ask about my personal info in the 1st place.. So i just send my mail to sgx and complain and ask them for assistance to query KH.. Not sure if they query because of my mail or coincidentally they asking the same question, but in any case i' m grateful for this query.. Anyway, i think that the sales of those Seaside Residence have not been accounted for into their revenue.. So that means we can expect decent amount of eps coming from their Seaside Residence once it TOP and got accounted into their revenue.. I personally think it is undervalue given the eps will be very high if they manage to sell all units of Seaside Residence, but stock market is a lot on sentiment.. property development counters have not had a good market sentiment towards them for this past few years, and they could remain price depress..

 

anyway i' m not vested in this and i was doing research.. so just my humble personal view only

nqing87      ( Date: 16-Dec-2017 00:54) Posted: i actually tried to ask Keong Hong IR about what is this exceptional gains they are referring to, whether it is from Seaside Residence sales or not, and who are the joint ventures involved for this exceptional gains.. But their IR is very bad, and they actually ask me for my full name, NRIC and CDP account.. i provide my name and CDP account, and their IR reply saying " Please note that we could not provide you with information not yet publicly announced and we do not discuss financial information with individual investors. The correct platform to do this will be at our annual general meeting" .. I got piss because if they are not convenient to reveal anything, they shouldnt ask about my personal info in the 1st place.. So i just send my mail to sgx and complain and ask them for assistance to query KH.. Not sure if they query because of my mail or coincidentally they asking the same question, but in any case i' m grateful for this query.. Anyway, i think that the sales of those Seaside Residence have not been accounted for into their revenue.. So that means we can expect decent amount of eps coming from their Seaside Residence once it TOP and got accounted into their revenue.. I personally think it is undervalue given the eps will be very high if they manage to sell all units of Seaside Residence, but stock market is a lot on sentiment.. property development counters have not had a good market sentiment towards them for this past few years, and they could remain price depress.. HVRRVH      ( Date: 15-Dec-2017 19:47) Posted: Any thoughts on their reply to sgx? I am slowly accumulating this stock.

 

i actually tried to ask Keong Hong IR about what is this exceptional gains they are referring to, whether it is from Seaside Residence sales or not, and who are the joint ventures involved for this exceptional gains.. But their IR is very bad, and they actually ask me for my full name, NRIC and CDP account.. i provide my name and CDP account, and their IR reply saying " Please note that we could not provide you with information not yet publicly announced and we do not discuss financial information with individual investors. The correct platform to do this will be at our annual general meeting" .. I got piss because if they are not convenient to reveal anything, they shouldnt ask about my personal info in the 1st place.. So i just send my mail to sgx and complain and ask them for assistance to query KH.. Not sure if they query because of my mail or coincidentally they asking the same question, but in any case i' m grateful for this query..
Anyway, i think that the sales of those Seaside Residence have not been accounted for into their revenue.. So that means we can expect decent amount of eps coming from their Seaside Residence once it TOP and got accounted into their revenue.. I personally think it is undervalue given the eps will be very high if they manage to sell all units of Seaside Residence, but stock market is a lot on sentiment.. property development counters have not had a good market sentiment towards them for this past few years, and they could remain price depress..

HVRRVH      ( Date: 15-Dec-2017 19:47) Posted: Any thoughts on their reply to sgx? I am slowly accumulating this stock.  nqing87      ( Date: 15-Dec-2017 18:16) Posted: Wow.. im surprise sgx actually query KH on the qns that i had sent to sgx.. im impress by sgx for once.. looks like sgx is trying to do its job to protect shareholder interest

 

Any thoughts on their reply to sgx? I am slowly accumulating this stock. 

nqing87      ( Date: 15-Dec-2017 18:16) Posted: Wow.. im surprise sgx actually query KH on the qns that i had sent to sgx.. im impress by sgx for once.. looks like sgx is trying to do its job to protect shareholder interest

 

Omg! Haha

nqing87      ( Date: 15-Dec-2017 18:16) Posted: Wow.. im surprise sgx actually query KH on the qns that i had sent to sgx.. im impress by sgx for once.. looks like sgx is trying to do its job to protect shareholder interest

 

Wow.. im surprise sgx actually query KH on the qns that i had sent to sgx.. im impress by sgx for once.. looks like sgx is trying to do its job to protect shareholder interest

 

Slow and steady

 

tua tua chiong arh!!!

 

http://www.businesstimes.com.sg/government-economy/govt-to-bring-forward-another-s700m-of-construction-jobs

 

CHIONG ARH

 

looks good to me and undervalued at PE of 3.7 ,  ROE is huge over 24%, cash flow is not bad,  Revenues, Assets , profits, income is growing  ,, equity is diluted but over a period should show good strength .. good value to pick and hold now  as it value gets unlocked for the value hunting investor folks.    might slowly grow and cross 55 cents/ 60 cents within 3 to 6 months and much higher for the long term investos.

HVRRVH      ( Date: 25-Apr-2017 09:14) Posted: Agree. I also like the style of investing quietly. Too much 'publicity' may attract short term players who can't hold and may sell down when contra due. Thanks Morello      ( Date: 25-Apr-2017 08:25) Posted: I like their story too, not sexy but sounds ok.  Therefore prices won' t rocket but that' s fine with me.  Let' s just hang on and wait (on a quieter basis if possible, thanks)

 

Agree. I also like the style of investing quietly. Too much 'publicity' may attract short term players who can't hold and may sell down when contra due. Thanks

Morello      ( Date: 25-Apr-2017 08:25) Posted: I like their story too, not sexy but sounds ok.  Therefore prices won' t rocket but that' s fine with me.  Let' s just hang on and wait (on a quieter basis if possible, thanks) HVRRVH      ( Date: 25-Apr-2017 07:50) Posted: One of KH's strategies is to JV with reputable developers for condo projects. In all cases, in the event that the land tender is won, KH will be the main contractor to construct the condo. KH earn from the sales of condo as well as the construction contract. This is KH strength and this is not all, they are also actively looking to generate bigger source of income from other business such as hotel and resort. This make me confidence to hold the stock for long term especially since the dividend yield is good.

 

I like their story too, not sexy but sounds ok.  Therefore prices won' t rocket but that' s fine with me.  Let' s just hang on and wait (on a quieter basis if possible, thanks)

HVRRVH      ( Date: 25-Apr-2017 07:50) Posted: One of KH's strategies is to JV with reputable developers for condo projects. In all cases, in the event that the land tender is won, KH will be the main contractor to construct the condo. KH earn from the sales of condo as well as the construction contract. This is KH strength and this is not all, they are also actively looking to generate bigger source of income from other business such as hotel and resort. This make me confidence to hold the stock for long term especially since the dividend yield is good.

 

One of KH's strategies is to JV with reputable developers for condo projects. In all cases, in the event that the land tender is won, KH will be the main contractor to construct the condo. KH earn from the sales of condo as well as the construction contract. This is KH strength and this is not all, they are also actively looking to generate bigger source of income from other business such as hotel and resort. This make me confidence to hold the stock for long term especially since the dividend yield is good.

 

http://www.straitstimes.com/business/property/392-units-sold-at-new-seaside-residences-condo