Sing Holdings

[propertyinvestor]

Buying 310 and selling 315 or above...not bad deal if you have low broking cost

Bought 50lots at 31cents today!

Normal broking cost also make money what. I shall keep doing that!

[propertyinvestor]

dc charges down......any views?

Btw, its not very likely they will do a share buyback. Boss big focus now is how to maximise profit on the robin road site. If he does it correctly, he can sell it in excess of 2500psf. There is also potential for Sing Holdings to improve the Plot ratio of the land, but that would only happen if the DC rates are revised downwards

It has to be revised downwards more. 3% is not enough.

[ngcheeki]

The following is extracted from DMG 5th March "billion&below Small/Mid Cap Weekly", Sing Holding name was mentioned together with Hiap Hoe and Roxy Pacific.

"Niche developer – Not covered
We track a broad range of other stocks that are interesting from a valuation perspective.
Worthy of mention are the small/mid cap developers, which generally turned in good results
due to the recognition of the substantial pre-sales that they have chalked up over the past
two years. Sing Holdings saw a 126% surge in net profit to $22.1m for FY11, primarily driven
by contribution from its residential project at Cairnhill (The Laurels). It still has some $473m
of revenue yet to be booked from the 94%-sold project, which will underpin its earnings for
the next two years. Roxy Pacific saw record earnings with strong contribution from both its
hospitality division and property development arm. Net profit soared 16% to a record $49.7m.
The group still has $600m worth of revenue yet to be recognized from its pre-sold projects.
Hiap Hoe, meanwhile reported a 37% growth in net profit to $47m, boosted by contribution
from its prime residential projects Waterscape at Cavenagh and Skyline 360. We continue to
like the stock and have a $0.61 target price.

[brattzz]

ok,

that's a nice coverage..

[propertyinvestor]

Tempted to buy some more

[brattzz]

buy in at 30cts, sell out at 33cts? why not?

[propertyinvestor]

buy in at 30cts, sell out at 33cts? why not?

Exactly what I did

[propertyinvestor]

MY GOODNESS! why mornign 0.34!

[propertyinvestor]

Made good money contraing today

[old friend]

Tomorrow force-selling day for those bot at 34cts on 8th March 2012. Let's see got any surprise tmr. Cheers!