Sing Holdings

[Behappyalways]

The plus of being a CEO of a listed company is that many minority shareholders would have sold off their shares in the company instead of complaining about the underperformance of the company during the AGM. Hence many CEOs get to hear only the good stuffs ^^

http://www.youtube.com/watch?v=ZRR3gEHLH8M

Went thru a few property counters and recorded their price performance......

1. City Dev
30 Dec 2011 - 8.90
18 Jan 2013 - 11.43 (up by 28.4%)

2. Hiap Hoe
30 Dec 2011 - 0.42
18 Jan 2013 - 0.625 (up by 48.8%)

3. Heeton
30 Dec 2011 - 0.36
18 Jan 2013 - 0.61 (up by 69.4%)

4. Ho Bee
30 Dec 2011 - 1.02
18 Jan 2013 - 1.895 (up by 82.8%)

5. Koh Brothers
30 Dec 2011 - 0.18
18 Jan 2013 - 0.285 (up by 58.3%)

6. Roxy
30 Dec 2011 - 0.26
18 Jan 2013 - 0.60 (up by 130.8%)

7. SC Global
30 Dec 2011 - 0.99
18 Jan 2013 - 1.80 (up by 81.8%)

8. Sing Holdings
30 Dec 2011 - 0.28
18 Jan 2013 - 0.40 (up by 42.9%)

9. Wing Tai
30 Dec 2011 - 0.94
18 Jan 2013 - 1.87 (up by 98.9%)

As you can see from the data, Sing Holdings' share price has underperformed compared to most of the other property counters in the list although its fundamentals and PE are attractive compared to the others......why did the share price underperformed? If it continues to underperform, that is one question minority shareholders need to ponder and ask during the next AGM..........