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18-09-2014, 03:28 PM
I could not find this company listed.
This company jumped out in a screener when looking for companies which have high ROE / PTB ratio.
From what I could see, it listed in 2011 at an offer price of 24 cents.
Currently, it trades at 38.5 cents after 1 for 2 bonus in June 2014.
Dividend of 3 cents in 2014, so, seemingly high yield.
Seems to have got into EC development.
From SGX : The Housing & Development Board has awarded a land parcel at Sembawang Avenue Lot 6138X MK 13 (the “Land Parcel”) to the Company’s wholly-owned subsidiary, KH Capital Pte. Ltd. (“KH”) and FCL Tampines Court Pte. Ltd. (“FCL”), pursuant to the tender jointly submitted by KH and FCL at the tender price of S$214,080,000 for the Land Parcel for the purpose of development into an executive condominium (the “Acquisition and Development”).
Recently, also won a EC construction project. The Board of Directors of Keong Hong Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that Keong Hong Construction Pte Ltd (“KHC”), a wholly-owned subsidiary of the Company has been awarded the building works amounting to S$118
million on Lot 2596W MK 21 at Edgedale Plains / Punggol Central (the “Project”) by MKH (Punggol) Pte. Ltd.
From bonus ex date of 12 June 2014 till date, it seems to have lost 6%.
I am evaluating this for adding to my portfolio and hence, want some thoughts from vested or divested holders.
Are there any VB out there who are vested in this?
This company jumped out in a screener when looking for companies which have high ROE / PTB ratio.
From what I could see, it listed in 2011 at an offer price of 24 cents.
Currently, it trades at 38.5 cents after 1 for 2 bonus in June 2014.
Dividend of 3 cents in 2014, so, seemingly high yield.
Seems to have got into EC development.
From SGX : The Housing & Development Board has awarded a land parcel at Sembawang Avenue Lot 6138X MK 13 (the “Land Parcel”) to the Company’s wholly-owned subsidiary, KH Capital Pte. Ltd. (“KH”) and FCL Tampines Court Pte. Ltd. (“FCL”), pursuant to the tender jointly submitted by KH and FCL at the tender price of S$214,080,000 for the Land Parcel for the purpose of development into an executive condominium (the “Acquisition and Development”).
Recently, also won a EC construction project. The Board of Directors of Keong Hong Holdings Limited (the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that Keong Hong Construction Pte Ltd (“KHC”), a wholly-owned subsidiary of the Company has been awarded the building works amounting to S$118
million on Lot 2596W MK 21 at Edgedale Plains / Punggol Central (the “Project”) by MKH (Punggol) Pte. Ltd.
From bonus ex date of 12 June 2014 till date, it seems to have lost 6%.
I am evaluating this for adding to my portfolio and hence, want some thoughts from vested or divested holders.
Are there any VB out there who are vested in this?
