KSH    Last:0.34    -0.01

KSH Holding Value @ $0.50 Set to Rise

Dr robin's analysis materializing..
Coming earnings and div announcement will be further catalyst for a break out

http://einvesthub.com/markets/2014/05/14/ksh-will-it-resume-the-uptrend-after-consolidation/

 

Looks like tomorrow can test 0.57 resist.
Spent enuf time consolidating for the next push to break 0.57

 

KSH Holdings Limited's wholly-owned subsidiary, Kim Seng Heng Engineering Construction (Pte) Ltd, has been awarded a S$147.8 million contract for the design, construction, completion and maintenance of a proposed integrated community building at Bedok North Street 1, Singapore. Works for this contract is expected to commence at the end of July 2014 with completion expected in 2017...

 

Thanks for sharing!

Yes it has been resting for quite a while, hope it will follow soon.

Regards.

 

Received ksh annual report, very impressed with their progress . With strong cash on hand and little debt
Projects almost fully sold waiting to book profits

With wee hur Lian Beng already moving up.

KSH laggard, expect to break out of resist at 0.57 for 0.62 first target

 

Hope some new contracts win coming as well. This stock has to be patience. Seems dividends are not bad.

 

results reports good but share price drops...

so tough to see this stock fly high

 

-) huat Liao...

 

Time: 11:03AM
Exchange: SGX
Stock: KSH Hldg(ER0)
Signal: Resistance - Breakout with High Volume
Last Done: $0.465

 

Albert Park, Singapore

 

Successful launch at Beijing condo project

KSH Holdings reported 3QFY14 PATMI of S$9.9m, up 22% YoY, mostly due to increased contributions from the construction and property development segments. 9MFY14 PATMI cumulates to S$33.5m, up 50.3%, and makes up 69% of our full year forecast. We judge this to be mostly within expectations, and anticipate a back-loaded year in terms of revenue recognition from construction and development projects.

In Jan-14, the group launched its 45%-owned Beijing condo project (Liang Jing Ming Ju Phase 4) and saw a strong performance. Over 60% of the residential units (comprising a total net sellable area of 31.4k sqm) were sold at average prices of RMB 23.5k psm ? higher than previously anticipated ? and we expect this project?s contribution to drive continued earnings growth in FY15 as it achieves TOP. Maintain BUY with an unchanged fair value estimate of S$0.73. 

more

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...rise from ~$0.20 to $0.60 a bit steep..probably some room for correction.. last: $0.465...

 

 

Anyone knows what it will means to KSH if Lincoln Suites and The Boutiq TOP early next year?

 

chances of breaking out after Christmas? Good fundamentals ahead..hope it will win another project...

 

Good week for KSH?? Let's see!

 

KSH Holdings: Good earnings growth momentum 2QFY14 PATMI came in at S$12.2m, up 24% YoY and 6% QoQ, mostly due to stronger contributions from both the property development and construction segments. These results were spot on with our expectations as 1HFY14 PATMI now makes up 49.7% of our full year estimates. An interim dividend of 1.25 S-cents per share was declared. Despite a market cap of S$205m, KSH now holds S$76m in cash with a low net gearing of 6.4%. This provides sizable capital headroom for growth, and we continue to like management?s ability to execute on accretive growth opportunities (LTM ROE: 24%) and balanced approach for capital allocation (FY14F dividend yield: 4.8% yield). Maintain BUY with an unchanged fair value estimate of S$0.73. Our fair value is based on 5 times FY14F construction earnings and 40% discount to the property segment?s RNAV. (Eli Lee)

 

More contracts wins coming??? I hope so especically tenders....

 

Got somemore at .465....

 

Awarded $42.5m construction contract by United World College of South East Asia for the addition of 1 block of 5 storey building with other ancillary works to the existing campus at Dover Road. Construction is expected to begin in December 2013, and completion is expected for August 2015. KSH previously had construction contracts with other educational institutions, including the award-winning Education Resource Centre and 2 residential colleges for NUS. KSH?s orderbook now stands at more than $430m, and is expected to contribute towards results till FY2016.

 

Good Oppty to buy in now...cannot contra..

aimtowin      ( Date: 12-Dec-2013 21:15) Posted: KSH AWARDED S$42.5 MILLION CONSTRUCTION CONTRACT BY UNITED WORLD COLLEGE OF SOUTH EAST ASIA - Construction order book stands at more than S$430.0 million

 

KSH AWARDED S$42.5 MILLION CONSTRUCTION
CONTRACT BY UNITED WORLD COLLEGE OF
SOUTH EAST ASIA
- Construction order book stands at more than S$430.0 million