Boustead Singapore

[cheeseburger]

Last but not least, Mr. Wong has assured shareholders that Boustead is moving into the right direction with all the growth related divisions making good progress over the last couple of years. The huge pile of cash Boustead is holding right now will be invested in a low risk blue chip bonds such as CapitaLand and Biosensor. When opportunity arises, Boustead is going to reap its rewards from it.


Posted by B at 7:39 AM

Any idea how Boustead's investment in Capitaland, Biosensor and other etc. are doing?

[ksir]

Talking about critical mass of 200k sqm. If BP-SCC was indeed Supply Chain City, it would add at least 130k sqm to the portfolio. When SCC project announced in Dec 2012, it was said to be completed in 2014Q3 with over 130k sqm.
Any mentions of scc in the agm or from the IR?

[Dividend Warrior]

The huge pile of cash Boustead is holding right now will be invested in a low risk blue chip bonds such as ... Biosensor.

I wonder why Boustead consider Biosensor as low risk blue chip.

I was wondering too.

Since when did Biosensor become a blue chip?

[shn]

Look like there are many strong believers of Boustead and FF Wong. I also have a substantial stake in Boustead.

What are the risks for Boustead?

For one, FF Wong is not young. Can Boustead continue to do well without FF Wong?

Second, is there any risk of Boustead losing the distributorship of Esri software and technologies?

Any other risks? The higher the stake, the more we investors of Boustead need to know what risks we are taking.

[GongGia]

I googled Supply Chain City and obtained many interesting links:

i) http://www.youtube.com/watch?v=WRYENXkM7lM
Boustead has been mentioned as a strategic partner

ii) http://www.ych.com/press_release_121207.html

iii) https://www.facebook.com/SupplyChainCity
Plenty of links to promote the property

iv) http://www.colliers.com/p-id4671
TOP shifted to 1Q 15

Hopefully, Boustead can get some sort of involvement here as that should provide good baseload of activities.

Talking about critical mass of 200k sqm. If BP-SCC was indeed Supply Chain City, it would add at least 130k sqm to the portfolio. When SCC project announced in Dec 2012, it was said to be completed in 2014Q3 with over 130k sqm.
Any mentions of scc in the agm or from the IR?

[greengiraffe]

http://infopub.sgx.com/FileOpen/Boustead...eID=250648

Something seems to be brewing...

Hope for the best...

[Contrarian]

Bank Loan is $34M, Cash is $185M. Easily can pay off loan.

So the only reason to borrow I can think off is to expand. $500M loan
is for buy land or buy new business. Anyone is good for me, FF Wong is smart at getting a good deal...

[ksir]

http://infopub.sgx.com/FileOpen/Boustead...eID=250648

Something seems to be brewing...

Hope for the best...

It seems to me that they are fastening the pace.
I guess i should fasten the safety belt as well.
It might be rough, bumpy & "exciting" ride.

Ahh, and don't forget the Soil next door has built a good start on Industrial REIT.

Vested & definitely biased

[greengiraffe]

http://infopub.sgx.com/FileOpen/Boustead...eID=250884

The Board wishes to inform that the issue price of each New Share to be issued in lieu of the cash amount of the Dividend is S$1.26 (the “Issue Price”) for each New Share.

The quantum of discount is similar to Hotel Grand Central - very generous.

I think Mr FF Wong and other long term holders are likely to opt for script dividend and we will only know their decisions after the new shares are issued on 23 Sept 13.

For long term holders who are confident of Boustead's outlook - script dividend is a cheap alternative to reinvest their dividends - 10% discount to current mkt price, no commission incur and no market impact costs.

Vested
GG

[stam]

anyone holding Boustead with CPF fund? can we opt for scrip dividend?

Is it wise to take up scrip dividend? will it be difficult to sell later on with odd lots?