Bukit Sembawang    Last:4.81    -0.01

BukitSem

Price moving liao......anticipating better dividend?
Dunno can go back to 33 cents or not?

 

Results coming very soon.
Dividend back to above 30 cents, possible?

 

Last minute stop the launch of Atelier!
Only open for private viewing, why?
Anyway, soft launch sold 4 units out of 120 only.
Is it got big buyer want to buy all at one go?
Hoping.....hahaha.

 

The good old days coming!!!!   
Collect while u can.  At least 30% upside.  My broker fm Kay Hian predicts $7.

 

Bukit market floats very little.  Lexus standards.  No issues with outside investments. 
Can move up in leaps and bound.

 

Ideas of the Day (DBS)

Trending Sectors -  Singapore Property

Strong property sales may be a double-edged sword
- Robust rebound in primary home sales in March 2021 make 1Q21 the best quarter in recent years
- Singaporean buyers remain dominant buyers, with a focus on smaller units
- Developers with dwindling unsold inventories and upcoming completions will be looking to redeploy capital to add to their land-bank
- Policy measures remain a key risk for the sector buy on dips. Our picks are CDL and Bukit Sembawang

 

Bukit' s The Antelier Launch a couple of weeks ago is selling fast.

 

Upside very high, coming coming, 

ETLee8      ( Date: 04-Apr-2021 00:03) Posted: Way under priced.  Market float very little.  Total shares only 250mil shares. Lexus Hill fully sold in 2020. DBS estimates a revalued net asset value of S$12.10 per share. At least $7 coming soon. Trader5525      ( Date: 29-Nov-2020 14:26) Posted: Broker' s take: DBS says Bukit Sembawang land bank undervalued, initiates with ' buy' DBS Group Research has initiated coverage on Bukit Sembawang Estates with " buy" and a S$5.44 target price. The research team said the property developer' s large land bank is undervalued  and able to last another decade. The land is pegged at " extremely low" historical cost valuation. DBS estimates a revalued net asset value of S$12.10 per share. Bukit Sembawang' s land bank, which is slated for landed property, is estimated to be over 235,000 square metres. DBS also said the stock offers " compelling value" , trading at a price-to-book ratio of 0.7 times near -2 standard deviation of historical means. Moreover, dividend normalisation is a catalyst for Bukit Sembawang, DBS analyst Derek Tan said. With strong sales across its landed development projects in the past year and a pipeline of new projects, the research team believes Bukit Sembawang may eventually raise dividends back to the 18 to 33 Singapore cents per share range, implying a " Reit-like" yield of 5 to 9 per cent. As Bukit Sembawang' s land bank is utilised, we estimate that long-term investors could receive some 70 per cent of their capital from holding on to Bukit Sembawang for the next decade," Mr Tan said. The property developer&rsquo s move to pivot its business model to build a recurring income base will also boost dividends, DBS said. This could generate revenues of about S$11 million per annum, DBS said. The group will debut this strategy with its serviced apartment Fraser  Residence Orchard. With an almost net cash balance sheet, Bukit Sembawang can gear up to fund acquisitions. Assuming a target net debt-to-equity ratio of 0.3 to 0.6 times, the group has potential debt-funded headroom of about S$360 million to S$750 million, Mr Tan said.

 

Way under priced.  Market float very little.  Total shares only 250mil shares. Lexus Hill fully sold in 2020.
DBS estimates a revalued net asset value of S$12.10 per share.
At least $7 coming soon.

Trader5525      ( Date: 29-Nov-2020 14:26) Posted: Broker' s take: DBS says Bukit Sembawang land bank undervalued, initiates with ' buy' DBS Group Research has initiated coverage on Bukit Sembawang Estates with " buy" and a S$5.44 target price. The research team said the property developer' s large land bank is undervalued  and able to last another decade. The land is pegged at " extremely low" historical cost valuation. DBS estimates a revalued net asset value of S$12.10 per share. Bukit Sembawang' s land bank, which is slated for landed property, is estimated to be over 235,000 square metres. DBS also said the stock offers " compelling value" , trading at a price-to-book ratio of 0.7 times near -2 standard deviation of historical means. Moreover, dividend normalisation is a catalyst for Bukit Sembawang, DBS analyst Derek Tan said. With strong sales across its landed development projects in the past year and a pipeline of new projects, the research team believes Bukit Sembawang may eventually raise dividends back to the 18 to 33 Singapore cents per share range, implying a " Reit-like" yield of 5 to 9 per cent. As Bukit Sembawang' s land bank is utilised, we estimate that long-term investors could receive some 70 per cent of their capital from holding on to Bukit Sembawang for the next decade," Mr Tan said. The property developer&rsquo s move to pivot its business model to build a recurring income base will also boost dividends, DBS said. This could generate revenues of about S$11 million per annum, DBS said. The group will debut this strategy with its serviced apartment Fraser  Residence Orchard. With an almost net cash balance sheet, Bukit Sembawang can gear up to fund acquisitions. Assuming a target net debt-to-equity ratio of 0.3 to 0.6 times, the group has potential debt-funded headroom of about S$360 million to S$750 million, Mr Tan said.

 

Same old story used to push up the share price.

 

Should not have gone below 4 in the first place.
Rightfully above 5.

 

This laggard is up 5% today.
 

Broker' s take: Lim & Tan starts coverage on Bukit Sembawang at ' buy' with S$5.57 target.

https://www.businesstimes.com.sg/companies-markets/brokers-take-lim-tan-starts-coverage-on-bukit-sembawang-at-buy-with-s557-target


 

 

another property lagger....

Interest low... property play this year theme

 

dont say bo jio

 

Bukit Sembawang will follow the up rising tides of the property counters.

WhereI      ( Date: 29-Nov-2020 14:33) Posted: May as well buy capitaland  WhereI      ( Date: 29-Nov-2020 14:29) Posted: Old news.

 

May as well buy capitaland 

WhereI      ( Date: 29-Nov-2020 14:29) Posted: Old news.  Trader5525      ( Date: 29-Nov-2020 14:26) Posted: Broker' s take: DBS says Bukit Sembawang land bank undervalued, initiates with ' buy' DBS Group Research has initiated coverage on Bukit Sembawang Estates with " buy" and a S$5.44 target price. The research team said the property developer' s large land bank is undervalued  and able to last another decade. The land is pegged at " extremely low" historical cost valuation. DBS estimates a revalued net asset value of S$12.10 per share. Bukit Sembawang' s land bank, which is slated for landed property, is estimated to be over 235,000 square metres. DBS also said the stock offers " compelling value" , trading at a price-to-book ratio of 0.7 times near -2 standard deviation of historical means. Moreover, dividend normalisation is a catalyst for Bukit Sembawang, DBS analyst Derek Tan said. With strong sales across its landed development projects in the past year and a pipeline of new projects, the research team believes Bukit Sembawang may eventually raise dividends back to the 18 to 33 Singapore cents per share range, implying a " Reit-like" yield of 5 to 9 per cent. As Bukit Sembawang' s land bank is utilised, we estimate that long-term investors could receive some 70 per cent of their capital from holding on to Bukit Sembawang for the next decade," Mr Tan said. The property developer&rsquo s move to pivot its business model to build a recurring income base will also boost dividends, DBS said. This could generate revenues of about S$11 million per annum, DBS said. The group will debut this strategy with its serviced apartment Fraser  Residence Orchard. With an almost net cash balance sheet, Bukit Sembawang can gear up to fund acquisitions. Assuming a target net debt-to-equity ratio of 0.3 to 0.6 times, the group has potential debt-funded headroom of about S$360 million to S$750 million, Mr Tan said.

 

Old news. 

Trader5525      ( Date: 29-Nov-2020 14:26) Posted: Broker' s take: DBS says Bukit Sembawang land bank undervalued, initiates with ' buy' DBS Group Research has initiated coverage on Bukit Sembawang Estates with " buy" and a S$5.44 target price. The research team said the property developer' s large land bank is undervalued  and able to last another decade. The land is pegged at " extremely low" historical cost valuation. DBS estimates a revalued net asset value of S$12.10 per share. Bukit Sembawang' s land bank, which is slated for landed property, is estimated to be over 235,000 square metres. DBS also said the stock offers " compelling value" , trading at a price-to-book ratio of 0.7 times near -2 standard deviation of historical means. Moreover, dividend normalisation is a catalyst for Bukit Sembawang, DBS analyst Derek Tan said. With strong sales across its landed development projects in the past year and a pipeline of new projects, the research team believes Bukit Sembawang may eventually raise dividends back to the 18 to 33 Singapore cents per share range, implying a " Reit-like" yield of 5 to 9 per cent. As Bukit Sembawang' s land bank is utilised, we estimate that long-term investors could receive some 70 per cent of their capital from holding on to Bukit Sembawang for the next decade," Mr Tan said. The property developer&rsquo s move to pivot its business model to build a recurring income base will also boost dividends, DBS said. This could generate revenues of about S$11 million per annum, DBS said. The group will debut this strategy with its serviced apartment Fraser  Residence Orchard. With an almost net cash balance sheet, Bukit Sembawang can gear up to fund acquisitions. Assuming a target net debt-to-equity ratio of 0.3 to 0.6 times, the group has potential debt-funded headroom of about S$360 million to S$750 million, Mr Tan said.

 

Broker' s take: DBS says Bukit Sembawang land bank undervalued, initiates with ' buy'

DBS Group Research has initiated coverage on Bukit Sembawang Estates with " buy" and a S$5.44 target price.

The research team said the property developer' s large land bank is undervalued  and able to last another decade. The land is pegged at " extremely low" historical cost valuation. DBS estimates a revalued net asset value of S$12.10 per share.

Bukit Sembawang' s land bank, which is slated for landed property, is estimated to be over 235,000 square metres.

DBS also said the stock offers " compelling value" , trading at a price-to-book ratio of 0.7 times near -2 standard deviation of historical means.

Moreover, dividend normalisation is a catalyst for Bukit Sembawang, DBS analyst Derek Tan said. With strong sales across its landed development projects in the past year and a pipeline of new projects, the research team believes Bukit Sembawang may eventually raise dividends back to the 18 to 33 Singapore cents per share range, implying a " Reit-like" yield of 5 to 9 per cent.

As Bukit Sembawang' s land bank is utilised, we estimate that long-term investors could receive some 70 per cent of their capital from holding on to Bukit Sembawang for the next decade," Mr Tan said.

The property developer&rsquo s move to pivot its business model to build a recurring income base will also boost dividends, DBS said. This could generate revenues of about S$11 million per annum, DBS said. The group will debut this strategy with its serviced apartment Fraser  Residence Orchard.

With an almost net cash balance sheet, Bukit Sembawang can gear up to fund acquisitions. Assuming a target net debt-to-equity ratio of 0.3 to 0.6 times, the group has potential debt-funded headroom of about S$360 million to S$750 million, Mr Tan said.

 

Breached the 4 level looks promising ahead into next year.. downside limited to recent lows.
Cheers.

 

pkli899      ( Date: 20-Nov-2020 17:30) Posted: High time it goes back to it' s glory days.