Koh Eco    Last:0.14    -0.005

Koh Eco - a Promising E&C company

Hi lifeisgood, sorry to just jump in but losing one pant leg on Noble so very interested in your post. So u think the benefit of reducing share float outweigh the downsides of 10 to 1 share consolidation? Thanks!

lifeisgood      ( Date: 21-Apr-2017 12:22) Posted: Noble really catch no ball nowadays. In the early days, I was a big investor in Noble. More than 10 years ago, before it went for the 4 for 1 stock split.  After they did the stock split, there were too many shares, and very difficult to perform. After Banga left the team by selling out all his shares a few years ago at around $1.00, I did advice some investors to stay out of this stock. Noble is not Noble without Banga. But Iw as not active in Noble forum, so not many people took heed I suppose. IF Noble does not go bust, I can tell whoever holding this stock: This stock can fly when there are less free float. I made a lot of money in the early days when: a) Noble was totally asset light, b) Floats was at least 4 times less then currently. Now the focus should be on Noble balance sheet. If it survives, this stock can fly again. To me, only time will tell whether Noble survives the debt burden.   Elman is trying very hard to make Noble back to the old Noble 10 years ago, with the same float, and with asset light model. I have tracked this stock for more than 12 years. So I will keep watching.  Just4win      ( Date: 21-Apr-2017 11:58) Posted: Thanks, lifeisgood.. Yup, Noble is a highly speculative stock.  No advising anyone to enter if u are not risk-taker. Lol... saw in ST this morning... strange that it has even  mention about Koh Bro... there was not much trading activity yesterday.

 

Lets look at Tan Tze Wen track record of buying and selling, seems like not so stella:

In 2009, he subscribed fo 11.7 mio rights shares at 11 cents

And again in 2009, he bought 450,000 shares at between $0.165 and $0.195

Then in early 2010, he bought 3 million shares at $0.18. 

Big loss for him. 

Then in 2013, finally gave up control of the company to Koh Brothers at 5 cents.

Unbelievable!

 

 

The retired founder (since 2013) Tan Tze Wen sold 2 million shares at $0.10. I don' t care about the seller, as he is already out, after more than 40 years with the company. I care more about who is the buyer. 

mistiq88      ( Date: 21-Apr-2017 11:50) Posted: Married deal for 2million shares @ 10cent. Looks like some interested part is coming in..

 

Thanks for sharing.. Am surprised that u are watching Noble.. most ppl consider this as junk stock and stay far far away.

I should not hv gotten in it, but then, this is history,,, so long it does not go burst, I can still hold . I am still learning about this trading thingy. Get into this only last year... prior to this, just buy whatever remiser has any good recommendation whenever I had spare cash  , and let the shares rot in my acct.  Some hv almost become just paper now,,, I didnt even bother to track my buy price then.. so I am glueless how much i hv lost.  Probably the only counters that are still sitting green zone are KC and Singtel since these were bou many donkeys years ago.

But thr Noble, I hv learned a lot .. in hard way, some of the trading skills . Hence , I do hv a soft spot for this chap, just that sometimes I will still curse and swear at my paper losses. lol..

 

lifeisgood      ( Date: 21-Apr-2017 12:22) Posted: Noble really catch no ball nowadays. In the early days, I was a big investor in Noble. More than 10 years ago, before it went for the 4 for 1 stock split.  After they did the stock split, there were too many shares, and very difficult to perform. After Banga left the team by selling out all his shares a few years ago at around $1.00, I did advice some investors to stay out of this stock. Noble is not Noble without Banga. But Iw as not active in Noble forum, so not many people took heed I suppose. IF Noble does not go bust, I can tell whoever holding this stock: This stock can fly when there are less free float. I made a lot of money in the early days when: a) Noble was totally asset light, b) Floats was at least 4 times less then currently. Now the focus should be on Noble balance sheet. If it survives, this stock can fly again. To me, only time will tell whether Noble survives the debt burden.   Elman is trying very hard to make Noble back to the old Noble 10 years ago, with the same float, and with asset light model. I have tracked this stock for more than 12 years. So I will keep watching.  Just4win      ( Date: 21-Apr-2017 11:58) Posted: Thanks, lifeisgood.. Yup, Noble is a highly speculative stock.  No advising anyone to enter if u are not risk-taker. Lol... saw in ST this morning... strange that it has even  mention about Koh Bro... there was not much trading activity yesterday.

 

Noble really catch no ball nowadays. In the early days, I was a big investor in Noble. More than 10 years ago, before it went for the 4 for 1 stock split. 

After they did the stock split, there were too many shares, and very difficult to perform.

After Banga left the team by selling out all his shares a few years ago at around $1.00, I did advice some investors to stay out of this stock. Noble is not Noble without Banga. But Iw as not active in Noble forum, so not many people took heed I suppose.

IF Noble does not go bust, I can tell whoever holding this stock: This stock can fly when there are less free float. I made a lot of money in the early days when: a) Noble was totally asset light, b) Floats was at least 4 times less then currently. Now the focus should be on Noble balance sheet. If it survives, this stock can fly again. To me, only time will tell whether Noble survives the debt burden.  

Elman is trying very hard to make Noble back to the old Noble 10 years ago, with the same float, and with asset light model. I have tracked this stock for more than 12 years. So I will keep watching. 

Just4win      ( Date: 21-Apr-2017 11:58) Posted: Thanks, lifeisgood.. Yup, Noble is a highly speculative stock.  No advising anyone to enter if u are not risk-taker. Lol... saw in ST this morning... strange that it has even  mention about Koh Bro... there was not much trading activity yesterday. lifeisgood      ( Date: 20-Apr-2017 19:53) Posted: No, I am not related to GE. As for your noble, it is hard to tell whats going on. Seems like a lot of selling going on. Too many big players. Very difficult to read. Hope you come out ok on Noble. Best wishes.

 

Thanks, lifeisgood.. Yup, Noble is a highly speculative stock.  No advising anyone to enter if u are not risk-taker.

Lol... saw in ST this morning... strange that it has even  mention about Koh Bro... there was not much trading activity yesterday.

lifeisgood      ( Date: 20-Apr-2017 19:53) Posted: No, I am not related to GE. As for your noble, it is hard to tell whats going on. Seems like a lot of selling going on. Too many big players. Very difficult to read. Hope you come out ok on Noble. Best wishes. Just4win      ( Date: 20-Apr-2017 19:06) Posted: Thank you, lifeisgood ( btw , are u related to Great Eastern ? ) for your most generous sharing. Yes, Korean health care and Beauty   business is really making lots of profit. Currenly most of my fund is in Eco and noble ( unfortunately) ... am seeing how I can divert some into Koh Bro.

 

Married deal for 2million shares @ 10cent.

Looks like some interested part is coming in..

 

No, I am not related to GE. As for your noble, it is hard to tell whats going on. Seems like a lot of selling going on. Too many big players. Very difficult to read. Hope you come out ok on Noble. Best wishes.

Just4win      ( Date: 20-Apr-2017 19:06) Posted: Thank you, lifeisgood ( btw , are u related to Great Eastern ? ) for your most generous sharing. Yes, Korean health care and Beauty   business is really making lots of profit. Currenly most of my fund is in Eco and noble ( unfortunately) ... am seeing how I can divert some into Koh Bro.      lifeisgood      ( Date: 20-Apr-2017 16:50) Posted: Now onto Koh Brothers. The Westwood Residence Executive Condo is currently 83% sold, and most likely TOP by end of 2017. Revenue and profits can then be recognised (this is the law), so could be very lumpy.  Recently, Koh Brothers bidded for the Toh Tuck land parcel, but only came in 4th. It will continue to bid for land parcel for residential development. Management does not expect a huge CAPEX for the beauty/healtcare business this year, probably under SGD 5 million. So it wont strain its financial. But if business picks up strongly, it can become a CORE business, which will fit in well with its LIFESTYLE concept together with property development (the bicycle theme EC, hospitality (hotels), and health and beauty. I am looking forward to Koh Brothers making this Korean health care business BIG and CORE Just last week, this aesthetic doctor from PPP (said he made $10 million a year doing laser treatment etc...   You can stretch your imagination...

 

Thank you, lifeisgood ( btw , are u related to Great Eastern ? ) for your most generous sharing.

Yes, Korean health care and Beauty   business is really making lots of profit.

Currenly most of my fund is in Eco and noble ( unfortunately) ... am seeing how I can divert some into Koh Bro. 

 

 

lifeisgood      ( Date: 20-Apr-2017 16:50) Posted: Now onto Koh Brothers. The Westwood Residence Executive Condo is currently 83% sold, and most likely TOP by end of 2017. Revenue and profits can then be recognised (this is the law), so could be very lumpy.  Recently, Koh Brothers bidded for the Toh Tuck land parcel, but only came in 4th. It will continue to bid for land parcel for residential development. Management does not expect a huge CAPEX for the beauty/healtcare business this year, probably under SGD 5 million. So it wont strain its financial. But if business picks up strongly, it can become a CORE business, which will fit in well with its LIFESTYLE concept together with property development (the bicycle theme EC, hospitality (hotels), and health and beauty. I am looking forward to Koh Brothers making this Korean health care business BIG and CORE Just last week, this aesthetic doctor from PPP (said he made $10 million a year doing laser treatment etc...   You can stretch your imagination...

 

Today clsoing:

Alliance Mineral: down 4.5%

Blackgold: down 1.3%

Chasen: down 0.9%

Koh Eco: UP 3.1%

So we see CORRELATION BROKE DOWN today. Keep it up! Stay this way!   Beat your own path !

 

 

Now onto Koh Brothers.

The Westwood Residence Executive Condo is currently 83% sold, and most likely TOP by end of 2017. Revenue and profits can then be recognised (this is the law), so could be very lumpy. 

Recently, Koh Brothers bidded for the Toh Tuck land parcel, but only came in 4th. It will continue to bid for land parcel for residential development.

Management does not expect a huge CAPEX for the beauty/healtcare business this year, probably under SGD 5 million. So it wont strain its financial. But if business picks up strongly, it can become a CORE business, which will fit in well with its LIFESTYLE concept together with property development (the bicycle theme EC, hospitality (hotels), and health and beauty.

I am looking forward to Koh Brothers making this Korean health care business BIG and CORE Just last week, this aesthetic doctor from PPP (said he made $10 million a year doing laser treatment etc...   You can stretch your imagination...

 

 

Trading wise, Koh Eco seems to be lumped together with other pennies the last few days, so movement closely tracked Blackgold, Alliance Mineral, Chasen etc, although all these are fundamentally VERY DIFFERENT companies. Either the same bunch of BBs are playing these shares, or they all use similar programs to trade.

However, today, Alliance Mineral has broken free of BlackGold and Koh Eco. The correlation has broken down for the time being. So we shall see.

I would prefer they are not bunched together but treated separately based on individual merits. But Blackgold has created some nice cup and handle bullish formation. Hope it sticks. And lift the rest of the market up. However, Noble is a sentiment spoiler though.    

 

I will give more info on Koh Bro separately later.

For Koh Eco, the Malaysia Oiltek business is also supposed to be very profitable. We have asked the management to highlight the Oiltek contribution separately

For the infrastructure projects, Francis Koh highlighted a long list of them. Each one can be very substantial. He seems confident Koh Eco will win many of them, or will be part of a JV/consortium to win those contracts. 

 

 

Just4win      ( Date: 20-Apr-2017 16:21) Posted: Thanks for sharing, lifeisgood. In youro opinion, which is a better counter for long term investment ? Koh Bro or Eco ?  Koh Bro has very min trading vol which Eco can be quite speculative at times. lifeisgood      ( Date: 20-Apr-2017 16:11) Posted: Anyone attended the AGM for Koh Eco or Koh Bros. Chairman Francis Koh very bullish on the outlook for these infrastructure projects. In fact, the construction segment headcount has gone up significantly (I think roughly 50% if I am not mistaken) to prepare to start work immediately upon clinching some these contracts. He added Koh Brothers will always be at least a JV partner with some of these contract packages as they have the required expertise by even the foreign companies. For example, Samsung. So prospect is very good. I am staying invested. Picked up some more yesterday and today.

 

Thanks for sharing, lifeisgood.

In youro opinion, which is a better counter for long term investment ? Koh Bro or Eco ?  Koh Bro has very min trading vol which Eco can be quite speculative at times.

lifeisgood      ( Date: 20-Apr-2017 16:11) Posted: Anyone attended the AGM for Koh Eco or Koh Bros. Chairman Francis Koh very bullish on the outlook for these infrastructure projects. In fact, the construction segment headcount has gone up significantly (I think roughly 50% if I am not mistaken) to prepare to start work immediately upon clinching some these contracts. He added Koh Brothers will always be at least a JV partner with some of these contract packages as they have the required expertise by even the foreign companies. For example, Samsung. So prospect is very good. I am staying invested. Picked up some more yesterday and today.

 

Anyone attended the AGM for Koh Eco or Koh Bros. Chairman Francis Koh very bullish on the outlook for these infrastructure projects. In fact, the construction segment headcount has gone up significantly (I think roughly 50% if I am not mistaken) to prepare to start work immediately upon clinching some these contracts. He added Koh Brothers will always be at least a JV partner with some of these contract packages as they have the required expertise by even the foreign companies. For example, Samsung. So prospect is very good. I am staying invested. Picked up some more yesterday and today.  

 

That' s great.

How come this one got the same pattern as the other counter Chasen arh? Trading price almost the same range. One up, the other followed. One down, the other too.

Same groups of BBs?

mistiq88      ( Date: 20-Apr-2017 13:40) Posted: Signs of possible rebound..

 

Signs of possible rebound..

 

These 2 weeks a lot of screwy major macro events like Trump bombing Syria, Afghanistan,North Korea threatening with nuclear bombs, then now French election and Britain snap election. Punters are stepping away watching at sideline causing liquidity to thin out. Except for Noble, the daily short interest very low. Blackgold and koh eco ZERO shorts from SGX report.

Just4win      ( Date: 18-Apr-2017 22:44) Posted: Thanks... at least I hv managed to grab some towards closing.      lifeisgood      ( Date: 18-Apr-2017 22:39) Posted: Today many penny stocks were trading well whole day, trying to find a footing. It was towards the last one hour that news of Britain snap election called by PM May that rocked the boat. Once the initial shock is over, things should get back to normal again.

 

Thanks... at least I hv managed to grab some towards closing.   

 

lifeisgood      ( Date: 18-Apr-2017 22:39) Posted: Today many penny stocks were trading well whole day, trying to find a footing. It was towards the last one hour that news of Britain snap election called by PM May that rocked the boat. Once the initial shock is over, things should get back to normal again.

 

Today many penny stocks were trading well whole day, trying to find a footing. It was towards the last one hour that news of Britain snap election called by PM May that rocked the boat. Once the initial shock is over, things should get back to normal again.