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It is all about water.
luckyfa ( Date: 09-Mar-2017 13:16) Posted:
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Maybe once reach 20ct TP....This company maybe ' Turn on' to be Super Growth company.....IMO....Remember that ' Water' (Locally) is the Topic now........
lifeisgood ( Date: 09-Mar-2017 12:50) Posted:
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Wondering when would analysts come out to do covergae on this stock. Perhaps they still have not accumulated enough?
Koh Eco New CEO Paul Shin (announced in June 2016). Lets see his background:
Mr Shin has built his career with Samsung Group and Samsung C& T Corporation in line with the growth of its engineering and construction business overseas. In his sterling 28-year career with them, he has accumulated invaluable and diversified experience having worked in various countries like Korea, Taiwan, Saudi Arabia, Indonesia and Singapore.
Mr Shin was the Head of South East Asia for Samsung C& T Corporation from 2010 to 2015. Prior to this, he was Vice President and General Manager of the Global Marketing and Operations Division of Samsung C& T Corporation at its Seoul Headquarters in Korea (2004 &ndash 2009). From 1997 to 2004, Mr Shin held the appointment of General Manager for Samsung Corporation (E& C Group) in Singapore and Managing Director for Samsung Singapore&rsquo s Regional Office for South East Asia.
Lets see he will help Koh Eco win mega projects. Signs are there that he might.
Agreed...Keep this mid-long term....
lifeisgood ( Date: 09-Mar-2017 09:34) Posted:
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The 2016 Annual Report is not out yet. Would be interesting to read what the company' s plans for the future is. I think it is BIG
luckyfa ( Date: 09-Mar-2017 09:31) Posted:
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Slowly accumulating....A Huge Growth Company!!!....Especially Singapore is stepping up in the Water sector.....
Another thing that nobody is paying attention to : Oiltek Sdn Bhd. Its Malaysian subsidiary in edible oil refinery. It may be spun off and listed separately.
luckyfa ( Date: 08-Mar-2017 15:44) Posted:
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Looks good for a rush up above 11cts in short term....think this company Breakout will be even much Bigger......
lifeisgood ( Date: 08-Mar-2017 15:37) Posted:
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I am just wondering when people would realise the value of its parent Koh Brothers. When Koh Brothers moves, it is going to be humongous, after a long stagnation period . Just watch this space.
I agree. Government will build even more waster water treatment plants like the Tuas DTSS, Changi WRP.
After Tuas WRP, it is the Kranji WRP.
Crazyness!
luckyfa ( Date: 08-Mar-2017 15:24) Posted:
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Given the prospect of WATER in singapore....price now still very very very cheap!!!!!
lifeisgood ( Date: 08-Mar-2017 14:03) Posted:
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Unbelievable, rested only for 2 days and boom again !!! Was trying to buy when it comes down a bit more. No chance.
PUB has decided to raise water charges by 30% probably because of this very expensive USD 5 billion DTSS phase 2, which it needs to pay for.
But please, please, don' t charge Singaporeans, and give the contract to some ANG MOH companies!!! Give it to our local firms and let them have a chance to go global.
Make SINGAPORE FIRST !!!
During DTSS phase 1, the contracts were awarded to FOREIGN COMPANIES like CH2M Hill. This company subsequently used that credential and went on to win many contracts in other countries.
Whoever win this DTSS phase 2 would have a chance to go global with this prject as a showcase.
I am looking forward to Koh Eco becoming a major global player in the future.
To me, the price has gone up too high. I wont chase.
However, some facts to consider: Koh Brothers Engineering (now part of Koh Eco), got the project for Changi Water Reclamation Project in 2008. And Koh Brothers Engineering also built the Marina Barrage, which won a major American award. And now that the DTSS Phase 1 is done, Phase 2 has to start soon.
And recently, after Keppel Corp won the 4th desalination plant (and promptly Koh Eco won a subcontract from Keppel).
Whoever wins the DTSS phase 2, Koh Eco is sure to win some tunneling, hydro engineering work. So things are happening with Koh Eco. SInce the phase 2 is USD 5 billion, any portion of it is going to be MAJOR.
BBbull ( Date: 06-Mar-2017 14:47) Posted:
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Worth entering now?
lifeisgood ( Date: 06-Mar-2017 14:44) Posted:
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Looking forward to the tender results of the new DTSS Phase 2, which should be out soon. Total project value worth about USD 5 billion.
Hello saisai, it is not a fair comparison to make between Koh Eco vs Blackgold.
Blackgold is a loss making company, In FY 2016 it made a loss of SGD 5.3 million, and trading at 5.5 times book value now.
Koh Eco , on the other hand, is a high growth company.
Revenue FY 2015 = SGD 44 mio, FY 2016 = SGD 202 mio (5 times higher)
Net profits FY 2015 = SGD 2 mio vs FY 2016 SGD 6.1 mio (3 times higher)
And it continues to win new infrastructure projects in Singapore, with latest orderbook = SGD 577 mio.
This is a great turaround story. It was an RTO, but was not played up as an RTO before the RTO, unlike other con stocks, which generally played up the stock before the RTO and then do a fabulous share placement. Instead, Koh Brothers help Koh Eco patiently build up this new business over the last 3 years, and it is bearing major fruits now. It is only trading at 7.3 times PE and 1.5 times book. But as this is a high growth stock, its book value will increase rapidly in the subsequent years. Many high growth stocks trade at upwards of 5 times book initially. Check out Oxley, Yoma, Raffles Medical for examples in their early days.
Don' t just look at price, look also at the business fundamentals. And look forward. Many years ago, when I first bought 800Super at 20 cents, nobody bat an eyelid on it. Now, they realised what they have missed.
As I have always warned our fellow forummers, dont chase price. Wait patiently for a good entry point.
saisai ( Date: 04-Mar-2017 07:29) Posted:
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only 2 mil shares traded and it is up 0.017...
feels so manipulated.
feels exactly like Blackgold three days ago. up 0.020 with only 2 mil.
might be a stock to play if you are a high risk taker and intra-day player
Woods30 ( Date: 04-Mar-2017 01:09) Posted:
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