Sing Holdings

[money]

so exciting, why is UBS buying up Sing Holding shares?

how you know? that meant you are selling? omg 4000 lots sell down..........die leow

dont worry, even if he's selling, boss lee will provide a support around 30/31 cents. wonderful counter with low downside but potentially large upside for the next 2 years. Cheers!

[propertyinvestor]

so exciting, why is UBS buying up Sing Holding shares?

how you know? that meant you are selling? omg 4000 lots sell down..........die leow

I sold 10lots down to test test

Still holding 700lots ok

[propertyinvestor]

Very good, DBS and OCBC buying today!

[propertyinvestor]

The interest in Robin road is picking up! Congrats to all long term shareholders who have been waiting patiently! Your reward is getting nearer and nearer

[propertyinvestor]

HUAT AH!





oops moderator say cannot anyhow shout Huat here

[psolhawk]

Unfortunately, no dividend nor bonus issues.

[ngcheeki]

No Bonus share issue and interim dividend, life still goes on .

Never mind, just wait for 3Q2013 where "The Laurels" project will be obtaining TOP. There are 5Q from 3Q12 to 3Q13, approximately S$373 million of the revenue will be recognized and each Q works out around S$ 93 million. Another little piece of good news since "The laurels" is approximately 96% sold, there is 1 or 2 units of "The Laurels" sold during July 2013 period.

The following is extracted from the Financial Report:

As at the date of this announcement, approximately 96% of the units in The Laurels project have been
sold, amounting to contracted sales value of about S$677.6 million. Of this, approximately 45% has
been recognised as revenue and the balance will be progressively recognised from 3Q2012 to 3Q2013.
The Group targets to obtain Temporary Occupation Permit for this development by 3Q2013.

http://info.sgx.com/webcoranncatth.nsf/V...20033936B/$file/SHL_2Q2012.pdf?openelement

[ngcheeki]

55% more yet to be recognised or about 11% for the next 5 quarters.......plus revenues from the remaining 4% unsold units. So for the next 5 quarters, company should post at least $10m net profit or 2.5 cents per quarter(using 9% contracted sales for 2Q2012 as comparison)

Thanks for correcting my mistake for thinking 45% is the remaining unrecognized revenue, I'd already made the necessary changes in my previous post .

In another 6 months, Feb 2013, we'll know what they hope for on the revision of plot ratio for their Robin land bank comes true.

[Huat88]

good profit but share price drop. is this a joke?

[Jacmar]

good profit but share price drop. is this a joke?

No this is not a joke. It's classic case of buy in anticipation and sell on news.In this case it's no div and no bonus issue.people continue to dream , oops i mean anticipate.