Sing Holdings

[money]

Everyday, Boss Lee is waiting for people to dump the shares to him!

it seems to work, prices have stopped falling

[propertyinvestor]

Everyday, Boss Lee is waiting for people to dump the shares to him!

it seems to work, prices have stopped falling

If it doesnt, I dont know what to say.

[koh_52]

propertyinvestor is correct.

Well was hoping that they wait for the plot ratio to increase. When that happens, company could double its land bank in a good area. Then no need to spend so much effort looking for a good site at a reasonable price. Am pretty sure that the plot ratio would increase since Mr Lee Kuan Yew was saying that he hoped that the plot ratio around his Oxley home would be increased when he is no longer around. Not possible now due to security reason hence a waste in Mr Lee's view. Furthermore Singapore is digging up cemetery to free up space so it is quite 'silly' to have a low plot ratio in a prime area like Robin which is so near to a future MRT. A good time to accumulate is before Feb 2013.

But now if the company decides on a change of plan then timeline to enter changes ^^



http://news.asiaone.com/print/News/AsiaO...59636.html

plot ratio to increase - what I know only apply to area within 1 km radius around MRT station.

Why must wait until he die then raise the plot ratio? why not now? if Oxley can increase plot ratio why not other prime area like the 4 storey apt at Tiong Bahru area which was capped under conservative project be released...Once plot ratio change URA has to amend their act, they must proof with economic value otherwise next govt in power will quietly by land first then suka suka change the plot ratio, this is better than robbing the bank.

[propertyinvestor]

propertyinvestor is correct.

Well was hoping that they wait for the plot ratio to increase. When that happens, company could double its land bank in a good area. Then no need to spend so much effort looking for a good site at a reasonable price. Am pretty sure that the plot ratio would increase since Mr Lee Kuan Yew was saying that he hoped that the plot ratio around his Oxley home would be increased when he is no longer around. Not possible now due to security reason hence a waste in Mr Lee's view. Furthermore Singapore is digging up cemetery to free up space so it is quite 'silly' to have a low plot ratio in a prime area like Robin which is so near to a future MRT. A good time to accumulate is before Feb 2013.

But now if the company decides on a change of plan then timeline to enter changes ^^



http://news.asiaone.com/print/News/AsiaO...59636.html

plot ratio to increase - what I know only apply to area within 1 km radius around MRT station.

Why must wait until he die then raise the plot ratio? why not now? if Oxley can increase plot ratio why not other prime area like the 4 storey apt at Tiong Bahru area which was capped under conservative project be released...Once plot ratio change URA has to amend their act, they must proof with economic value otherwise next govt in power will quietly by land first then suka suka change the plot ratio, this is better than robbing the bank.

You first day born in the world is it?

This kind of thing is very common in Malaysia/Taiwan. Even listed companies are playing the same game over there.

People with insider knowledge of the Infrastructure plan and know where the MRT station is will definitely buy up residential/commercial land in the area. Duh.

[ngcheeki]

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http://www.nextinsight.biz/index.php/sto...g-holdings-

[propertyinvestor]

AIyah, I paid half cent more than Boss Lee

[propertyinvestor]

Which idiot go and say its a value trap?

[Huat88]

Ya.... value trap

[ngcheeki]

Actually, I'm still hopeful on Sing Holding. Patiently waiting for the Q3 of 2012 when the "The Laurels" project obtained the TOP. Possible catalysts will be the Master Plan in Feb 2013 on revision of plot ratio of the Robin project as well as surprise bonus issue or dividend. still waiting...

[Huat88]

But then why would he want the share price to go up if he is still trying to buy......pertinent underperforming share price vs good time to accumulate on the cheap......

Big fish 'eat' small fish?