Koh Brothers Group

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#41
(17-06-2014, 10:42 PM)Temperament Wrote: Wish what you said all came true. Have been waiting since IPO times. 20 years or more? Don't bother lah!

Your earlier post in 2012 talks about it sucking blood. U sound very bitter.
Share price then was around $0.2

2 yrs later it's now $0.3

If you are really a SH, u would have a close to 50% return in 2 yrs exclud dividend

After making broad statements about the company doing financial engineering, u are either unable or unwilling to substantiate your statements, and instead make general statements about "googling" it
And when someone gives useful comments which at least has some justification, again u make very useless statements that has zero information
"Don't bother la"
You really sound very bitter for some reason.
Even though I am not a SH as of now, I gotta say, if u have absolutely nothing useful to contribute, and am so negative (without any proper justification), why continue to "be a SH since IPO" and keep trolling?

Ok, I am expecting some useless and defensive reply but anyone reading the entire thread will see what I mean.
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#42
(17-06-2014, 10:56 PM)GFG Wrote:
(17-06-2014, 10:42 PM)Temperament Wrote: Wish what you said all came true. Have been waiting since IPO times. 20 years or more? Don't bother lah!

Your earlier post in 2012 talks about it sucking blood. U sound very bitter.
Share price then was around $0.2

2 yrs later it's now $0.3

If you are really a SH, u would have a close to 50% return in 2 yrs exclud dividend

After making broad statements about the company doing financial engineering, u are either unable or unwilling to substantiate your statements, and instead make general statements about "googling" it
And when someone gives useful comments which at least has some justification, again u make very useless statements that has zero information
"Don't bother la"
You really sound very bitter for some reason.
Even though I am not a SH as of now, I gotta say, if u have absolutely nothing useful to contribute, and am so negative (without any proper justification), why continue to "be a SH since IPO" and keep trolling?

Ok, I am expecting some useless and defensive reply but anyone reading the entire thread will see what I mean.
Don't bother lah!
It means i have Tan KU KU for 20 years and i still can't take profit. So i Tan KU KU and see when i can take profit loh. Meanwhile i will not give a hood to this counter but just waiting to see when i can take profit lol , if ever. i am quite "iron teeth" on this counter. (aka can afford to wait lol)
Can't you wait for 20 years or more.
i am that stupid lah! O. K. !
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#43
(17-06-2014, 10:58 PM)Temperament Wrote:
(17-06-2014, 10:56 PM)GFG Wrote:
(17-06-2014, 10:42 PM)Temperament Wrote: Wish what you said all came true. Have been waiting since IPO times. 20 years or more? Don't bother lah!

Your earlier post in 2012 talks about it sucking blood. U sound very bitter.
Share price then was around $0.2

2 yrs later it's now $0.3

If you are really a SH, u would have a close to 50% return in 2 yrs exclud dividend

After making broad statements about the company doing financial engineering, u are either unable or unwilling to substantiate your statements, and instead make general statements about "googling" it
And when someone gives useful comments which at least has some justification, again u make very useless statements that has zero information
"Don't bother la"
You really sound very bitter for some reason.
Even though I am not a SH as of now, I gotta say, if u have absolutely nothing useful to contribute, and am so negative (without any proper justification), why continue to "be a SH since IPO" and keep trolling?

Ok, I am expecting some useless and defensive reply but anyone reading the entire thread will see what I mean.
Don't bother lah!

LOL!
Ok that really cracked me up!

Heh!
Reply
#44
Just curious, is having an A1 BCA grading a good moat for these construction companies in SG? Link can be found below:
http://www.bcadirectory.sg/search_result...=&grade=Ng==


-------------------------------------------------------------------------
Finding Value in a Speculative World!
http://www.valueinvestasia.com/
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#45
(26-06-2014, 01:06 AM)weilieh Wrote: Just curious, is having an A1 BCA grading a good moat for these construction companies in SG? Link can be found below:
http://www.bcadirectory.sg/search_result...=&grade=Ng==


-------------------------------------------------------------------------
Finding Value in a Speculative World!
http://www.valueinvestasia.com/

Yup of course. THere are companies who would pay to acquire this grading from BCA as it enables one to tender for projects of unlimited value in the specified area of works.
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#46
(17-06-2014, 10:42 PM)Temperament Wrote: Wish what you said all came true. Have been waiting since IPO times. 20 years or more? Don't bother lah!

I have already made close to 50% on Koh Brothers. Who ask you dont average down when it was trading at 19cents?

Even Koh Wee Meng made 50% by buying up Koh Brother's shares from the 20c level.
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#47
(26-06-2014, 08:53 AM)propertyinvestor Wrote:
(17-06-2014, 10:42 PM)Temperament Wrote: Wish what you said all came true. Have been waiting since IPO times. 20 years or more? Don't bother lah!

I have already made close to 50% on Koh Brothers. Who ask you dont average down when it was trading at 19cents?

Even Koh Wee Meng made 50% by buying up Koh Brother's shares from the 20c level.
Ha! Ha!
There are always so many others to average down. i don't bother with this one anymore, long ago. i have higher risk phobia for this one .
But i still have Rotary Eng. since IPO time. This one i have averaged down plus taking some profit. Still own some IPO + average down by subscription and some new buys too.
Bah.......... Koh Brothers!
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#48
(26-06-2014, 08:51 AM)propertyinvestor Wrote:
(26-06-2014, 01:06 AM)weilieh Wrote: Just curious, is having an A1 BCA grading a good moat for these construction companies in SG? Link can be found below:
http://www.bcadirectory.sg/search_result...=&grade=Ng==


-------------------------------------------------------------------------
Finding Value in a Speculative World!
http://www.valueinvestasia.com/

Yup of course. There are companies who would pay to acquire this grading from BCA as it enables one to tender for projects of unlimited value in the specified area of works.

Thanks! Was trying to search through their latest order book but it seems like the company doesn't disclose it (or I might have missed out somewhere). Not sure if you have came across the latest. The only source I could find was http://www.sharesinv.com/articles/2013/0...ck-record/ which states that order book stood at S$288 million as at Sep-2013 which does not seem to be very huge for a S$100+ million market cap construction firm.

On another note, any thoughts on the acquisition on Metax Engineering?

----------------------------------------------------------------------
Finding Value in a Speculative World!
http://www.valueinvestasia.com/
Reply
#49
http://www.businesstimes.com.sg/premium/...2-20140814

PUBLISHED AUGUST 14, 2014
Fair-value boost for Koh Brothers' Q2
Earnings up 138%; higher margins in real estate business
BYNISHA RAMCHANDANI
nishar@sph.com.sg @Nisha_BT

CONSTRUCTION group Koh Brothers reported a 138 per cent year-on-year surge in net profit to S$11.53 million for the second quarter ended June 30, 2014.
Sales rose 7 per cent to S$109.49 million on the back of higher sales from its real estate division. Earnings per share more than doubled to 2.61 Singapore cents during the quarter, from 1.05 Singapore cents.
Cost of sales was 4 per cent higher at S$92.12 million. Gross profit improved 25 per cent to S$17.37 million thanks to higher margins from the real estate business division. The bottom line was also boosted by a S$6.1 million fair value gain on its investment properties.
Meanwhile, share of results of joint venture companies resulted in a loss of S$1.6 million due to lower contributions from a property undergoing asset enhancements and the initial set-up cost for a residential project.
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#50
(14-08-2014, 09:06 AM)greengiraffe Wrote: http://www.businesstimes.com.sg/premium/...2-20140814

PUBLISHED AUGUST 14, 2014
Fair-value boost for Koh Brothers' Q2
Earnings up 138%; higher margins in real estate business
BYNISHA RAMCHANDANI
nishar@sph.com.sg @Nisha_BT

CONSTRUCTION group Koh Brothers reported a 138 per cent year-on-year surge in net profit to S$11.53 million for the second quarter ended June 30, 2014.
Sales rose 7 per cent to S$109.49 million on the back of higher sales from its real estate division. Earnings per share more than doubled to 2.61 Singapore cents during the quarter, from 1.05 Singapore cents.
Cost of sales was 4 per cent higher at S$92.12 million. Gross profit improved 25 per cent to S$17.37 million thanks to higher margins from the real estate business division. The bottom line was also boosted by a S$6.1 million fair value gain on its investment properties.
Meanwhile, share of results of joint venture companies resulted in a loss of S$1.6 million due to lower contributions from a property undergoing asset enhancements and the initial set-up cost for a residential project.
And what is the current market price?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply


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