Sing Holdings

[Behappyalways]

ha ha ha....i still support Mr Lee by holding his stocks while you dump his stocks.............. ^^

[propertyinvestor]

ha ha ha....i still support Mr Lee by holding his stocks while you dump his stocks.............. ^^

Cos you gave him bad publicity. I scared he angry and refuse to reward shareholders liao

[Behappyalways]

you must buy else how to break value trap? you keep on selling then how company breaks value trap.....you make him malu lah.....you are just as evil ......^^

[kbl]

https://www.ura.gov.sg/realEstateWeb/rea...tSearch.do


Private Residential Units* Sold in the Month of September 2012-Zero


THE LAURELS CAIRNHILL ROAD Sing Holdings (Cairnhill) Pte Ltd Non-Landed CCR 229 229 220 9 0 0 - - -

Unsold units-9

vested

not a call to buy or sell

[Behappyalways]

never mind try harder next time ^^

LAND PARCEL AT NEW UPPER CHANGI ROAD (PARCEL A)
http://www.ura.gov.sg/pr/graphics/2012/pr12-118a.pdf

[propertyinvestor]

I will ask Boss Lee to see if wants to buy over Koh Brother's Alocassia Apartments, so he can have more control over the development plans in the robin area.

[Behappyalways]

your posting might have scared someone into selling 100 lots in the last min ...drop half cents

don't sabo this counter leh.......

company flushed with cash.......just be a little bit more patient ^^

I will ask Boss Lee to see if wants to buy over Koh Brother's Alocassia Apartments, so he can have more control over the development plans in the robin area.

[propertyinvestor]

your posting might have scared someone into selling 100 lots in the last min ...drop half cents

don't sabo this counter leh.......

company flushed with cash.......just be a little bit more patient ^^

I will ask Boss Lee to see if wants to buy over Koh Brother's Alocassia Apartments, so he can have more control over the development plans in the robin area.

I dont own so many shares in this counter anymore Drop den drop lor, best is crash back to 30c

My capiral now recycled into Tuan Sing and Koh Brothers

[Behappyalways]

drop 30 cents? don't so Osim(black heart).......a lot of aggrieved minority shareholders here.....waiting for very long leow.....my friend was telling me he sold off his Sim Lian recently at 60 cents and it went up to 80 cents....his cost.....20 cents....he bought at 40 cents then 1 to 1 bonus....and during that time he also bought Sing Holdings around 40 cents.....still 40 cents atm ^^ so when we talk about sing holdings we laughed it off.....don't know how to play ball.....hee hee...

koh bros is good but for me now i am only looking at gold ^^

[Behappyalways]

Take note that their industrial units are undervalued....

some infor from square foot research



Indicative price range / Average*
Factory: $788 - $839 psf / 807 psf

Transactions in the past 6 months (Up to 15)


Contract date Type Unit area (sq ft) Price ($psf) Price ($)


2012-09-26 Factory 904 829 750,000

2012-08-21 Factory 797 798 636,000

2012-07-11 Factory 797 798 636,000

2012-07-11 Factory 829 839 695,000

2012-07-05 Factory 829 788 653,252

2012-07-05 Factory 829 788 653,252

Did they sold 5 units in 3Q2012 or was there a lag in reporting that caused 2Q2012 sales to be reported in 3Q2012? I think we will get to know the answers when the company report their 3Q2012 next week. Take note that the seller might not be Sing Holdings but other owners that bought from the company.....1 of the unit seems like a resale unit hence my guess is probably 4 units sold in 3Q2012. Of the 5 units, there are similarities in unit size and price....but it is not an error. The units sold are in different floors. Nevertheless looking at the valuation of the units and their sales price, it is comfortable to assume that their industrial units in BizTech Center are undervalued. The company can easily reap an revaluation gain of $10m if they want to.

They recognised 9% of the contracted sales of The Laurels in 2Q2012.

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)

Currently owns 55 strata units in BizTech Center with a sizeable area 56,707 square feet. Valued at $31.635m, about $560psf. Looking at the profit made from the sales of 2 units in 2Q2012, it seems like they sold the 2 units at $800++psf