Posts: 3,942
Threads: 5
Joined: Mar 2011
Reputation:
14
13-12-2014, 09:15 AM
(This post was last modified: 13-12-2014, 09:17 AM by Curiousparty.)
what people might forget is that Junction 9 and 9 residence EPS when added up is approximately equal to the Alex mall ~ 20 cents.
not sure if Junction 9/9 residence can TOP in 2015
If so, 2015 would be yet another bumper year with both the Hotel (NAV gain ~ 25 to 30 cents) and Junction9/9 residence (NAV ~ 20 cents) TOPing
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Posts: 3,942
Threads: 5
Joined: Mar 2011
Reputation:
14
Misfortunate seemed to hit CES one after the other...
1. Departure of CEO and ED Chairman
2. TM Dispute
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Posts: 48
Threads: 0
Joined: May 2013
Reputation:
0
What do you make of this??
Posts: 138
Threads: 0
Joined: Sep 2014
Reputation:
1
anyone happens to know the reason behind it?
Fundamentally though, there isn't too many negatives from it right? Alexandra central, park hotel will still open, and for Tower Melbourne, continue to wait for updates
Posts: 3,942
Threads: 5
Joined: Mar 2011
Reputation:
14
24-12-2014, 08:40 AM
(This post was last modified: 24-12-2014, 02:39 PM by Curiousparty.)
jjlim84 Wrote:anyone happens to know the reason behind it? Fundamentally though, there isn't too many negatives from it right? Alexandra central, park hotel will still open, and for Tower Melbourne, continue to wait for updates
This morning, CES has already dropped from 87 cents to 85 cents.
Might fall below 80 cents on all these aggregated concerns over the next few weeks.....
(departure of CEO, TM dispute, Malacca deal called off, etc)
While the market seems to have priced in the bumper eps from alex mall , not sure if market has fully priced in the resignation of CEO who has really done a lot for CES in this few years ...
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
Posts: 356
Threads: 0
Joined: Apr 2012
Reputation:
3
I am surprise that it dropped only 2 cents (2.3%) with the CEO resignation.
It seems like Mr. market think that there is no severe negative impact. CES consistent share buy back has somewhat send the 'signal' to market that the company is 'under value'.
Posts: 3,104
Threads: 122
Joined: Apr 2013
Reputation:
45
CEO sick? Or delisting coming soon? did CFO change recently?
via Galaxy Tab S with Tapatalk