Sing Holdings

(16-12-2013, 09:41 AM)kbl Wrote:

(15-12-2013, 02:23 PM)cyc Wrote: Stock traded at around $0.43 and $0.33 in 2013 & 2012 AGM respectively and it touched a low of $0.375 on Friday. Think there will be plenty of disgruntled shareholders in next year's AGM.

Q4(FY13) will probably run into a loss and Q1(FY14) revenue will be weak. Hard to find good reasons to stay vested as it can continue to trade at huge discount to NAV & RNAV for long periods if its financial results in 2014 are uninspiring - We are not sure how the sales of Robin Residence will pan out and whether boss Lee will give a generous dividend for long suffering shareholders to stay invested in this company.

Good morning Cyc san and All.

Are you vested?

Price coming down I am not happy but I am happy to add more.


<vested><not a call to buy or sell>

Hi kbl san,

Vested and disappointed. Only 5 lots queuing to buy at $0.385 & 1116 lots queuing to sell at $0.39 after today's closing. That's a rather high figure on the sell side. Looks like some investors are losing patience and hoping to get out.
Boss Lee is smart, knowing that the stock is on a downtrend and waiting for the opportune time to buy, or maybe waiting to collect his ang pow money or bonus next year before buying ????

Good morning Cyc san and All.

Boss Lee buy or no buy from the open market I am not interested unless he make a *GO*. In 2009 Company asked $ from shareholders and with so much cash in hand after The Laurels TOP-Is time for the company to reward shareholders with a bumper dividend next yr.

<vested>

How many shareholders we have here? Got 10%? Lets requisition an EGM to propose a resolution for dividend payout and to appoint Happy as director of company

Hi Propertyinvestor san,

No need 10%. Send an email to the BD(cc to BT & ST) with 100 shareholders signatures should be enough.

143 units Waterwoods sold. Left 230 units.

hse 78 selling 0.375

http://internetfileserver.phillip.com.sg...rParty.htm

some ang mo shorting ^^

First Half 2014 Government Land Sales (GLS) Programme



Published Date: 18 Dec 2013


The Government today announced the first half 2014 (1H2014) GLS Programme, which will comprise 8 Confirmed List sites and 15 Reserve List sites. These sites can yield up to 11,600 private residential units, including 2,800 Executive Condominium (EC) units and 193,000 sqm gross floor area (GFA) of commercial space (see Appendices 1 & 2). Supply from the GLS Programme, together with the large supply from projects in the pipeline, is expected to be adequate to meet the demand for private housing and commercial space over the next few years.

The Confirmed List contains 7 private residential sites (including 4 EC sites) and 1 commercial & residential site. These sites can yield about 4,600 private residential units (including 2,200 EC units) and 5,000 sqm GFA of commercial space.

The Reserve List contains 13 private residential sites (including 1 EC site), 1 commercial site and 1 White site. These sites can yield about 7,000 private residential units (including 600 EC units) and 188,000 sqm GFA of commercial space.

Supply of Private Housing

The residential sites to be placed on the 1H2014 Confirmed List are located in Outside Central Region or Rest of Central Region. These sites are expected to provide a supply of 4,600 private housing units (including 2,200 EC units), which will be added to the existing large pipeline supply of about 97,400 private housing units (including ECs).

Two pairs of Confirmed List sites at Yishun Street 51 and Fernvale Road, which are for EC and private residential developments respectively, are located close to each other and are of similar size. The tenders for these two pairs of sites will be batched to encourage more prudent bidding by developers in the 1H2014 GLS Programme.

Supply of Commercial Space and Hotel Rooms

The 1H2014 Reserve List will have 2 sites for commercial developments, i.e. a White site at Marina View and a commercial site at Sims Avenue. These 2 sites will provide opportunities for the market to initiate the development of more commercial space, over and above the 1.1 mil sqm GFA of office space in the pipeline, if there is demand.

There is a healthy pipeline supply of 12,700 hotel rooms. The hotel site at Race Course Road, which has been made available for sale through the Reserve List from May 2011, will be removed from the Reserve List to facilitate a review of the land use intention for the site.

Other Government Supply to be Made Available in 1H2014

Apart from the GLS Programme, the Government will also make available other supply of land and properties through its various agencies to meet economic or development objectives. This includes localised retail facilities at parks, selected HDB estates, industrial estates, MRT stations, sport facilities, community centres, and the leasing of vacant state properties for commercial uses.

Issued By Ministry of National Development


http://www.ura.gov.sg/uol/media-room/new...13-87.aspx

Good evening everyone. Just to share with VB buddies.

This is what i emailed to the company yesterday

17 Dec 2013



Sing Holdings Limited
96 Robinson Road
#10-01 SIF Building
Singapore 068899




Dear Mr Lee and the board of directors





As a shareholder of Sing Holdings, I would like to thanks the board of directors, management and staff for their continuous efforts in the firm which has been enhancing the shareholder value for many years. With this, the following suggestion is for your consideration.



In 2009, S$13.366 mil was raised for the expenses in relation to the projects development of Meyer, BelleRive and The Laurels by issuing rights issue. It might be a good opportunity to return the shareholder’s loyalty and supportive for all these years when these projects had all obtained their TOP. Hence, capital reduction through share cancellation which gives a cash payment for the shares cancelled has minimal impact on shareholders and producing a more efficient capital structure.


I deeply appreciate your time and effort to consider this.



Thank you & Merry Christmas.






Your sincerely


and the replied from CFO Ms Tay today.

Dear Mr xxx

Thank you for your email and suggestion.

As part of its business review, our Board of Directors constantly deliberates over the Company’s business plans and the allocation of its financial resources between, inter alia, operational requirements, business expansion and distribution to shareholders. The various forms of distribution to shareholders are also studied and discussed. Due consideration is made to ensure business sustainability, growth and return to shareholders.

Wishing you a Blessed Christmas and a Happy New Year!

Warm regards
Tay Puay Kuan
CFO

(18-12-2013, 08:39 PM)kbl Wrote: As part of its business review, our Board of Directors constantly deliberates over the Company’s business plans and the allocation of its financial resources between, inter alia, operational requirements, business expansion and distribution to shareholders. The various forms of distribution to shareholders are also studied and discussed. Due consideration is made to ensure business sustainability, growth and return to shareholders.

Hi kbl, many thanks for sharing with us the reply from Sing Holdings. Based on her reply, return to shareholders is the least priority after business sustainability and growth. Hence, I interpret that she said don't expect big dividend in the coming financial year

Hi Ngcheeki san,

I am expecting a *bigger dividend payout*. Big dividend or not are decided by Boss Lee and BD.

<vested><not a call to buy or sell>