Low Keng Huat (Singapore)

[greengiraffe]

Sell the hell out of it. Give CEO wife a call and see how much she can buy from you.

Bearish Signals

Downtrend

- The stock dropped to a 21-day low.

Overbought/Bearish/Resistance Signals

- The Money Flow Index [MFI] is 88.4 suggesting an overbought 14-day trend, being above 80. The Money Ratio of 7.6 suggests positive money flow was 7.6 times negative money flow.

Fundamental measures by comparison with the sector average [in brackets] indicate Overvaluation:

- Price/Sales of 3.1 [0.6].

- Price to Book of 1.3 [1.1].

Other Bearish Signals:

- Total Liabilities/ EBITDA of 6.9 is more than or equal to 5, this compares unfavourably with the Joseph Piotroski benchmark of 5.

Description

Value

Rank In Market

Price to Sales

3.1

In Bottom Quartile

Price Change %

-1.4

In Bottom Quartile

%Prem To Vol Wtd Price

0.5

In Bottom Quartile

EPS Growth %

9.1

In Bottom Quartile

Total Debt to Equity

1.4

In Bottom 7%

[a74henry]

If LKH is the bottom quartile, who is in the top quartile?

Which company has a Price/Sales of 0.6 and lower and Price to Book of below 1.1?

[safetyfirst]

Haha you guys should really find out what's going on in this business for the past 2-3 years, otherwise you are pissing off some very long term shareholders who have shared so much on this thread..

[TheMillennium]

As I mentioned, I was doing my own research and happened to come across that article. So decided to post it here to see the thoughts and views of the people.

Or am I not allowed to share anything? I'm new here so I don't know if there's such a rule.

If anyone would like to call the CEO wife to sell their stocks, please go ahead! Would like to see the outcome too!

Thanks

[camelking]

As I mentioned, I was doing my own research and happened to come across that article. So decided to post it here to see the thoughts and views of the people.

Or am I not allowed to share anything? I'm new here so I don't know if there's such a rule.

If anyone would like to call the CEO wife to sell their stocks, please go ahead! Would like to see the outcome too!

Thanks

Hi, I am a long term investor if 4 year is considered long.
No, i am not offended at all.
I don't know about others but to me, anybody can express their opinions or views.

[revelationofpyramids]

Stock trying to break out into all time high but finding some resistance with lots of selling at abt 73ct. But co also going to ex-div 4.5 ct though. so will affect price chart.

LKH one of the few sgx stocks with Iskandar property exposure. Its land could be better location than the land to be injected into AusGroup.

[TheMillennium]

Just FYI, AGM on 31 May 2013 11am
Location is 22 DEMPSEY ROAD, SINGAPORE 249679

[greengiraffe]

LKH is one of the TINA stocks - within a cyclical sector but with developments fully sold, its as good as a long term FD. Yield at 73.5 remains fantastic at 6.12% with substantial discount to RNAV.

Re-rating in Ho Bee has been substantially more than LKH and hence with a significantly better risk profile (long term FD) than virtually any other developer on SGX, its not difficult to see LKH rerate further to a compressed yield of 5%, ie 90. Should dividend be raised to 5 next FY, underpinned by strong cashflows from completed projects, at 5%, LKH can be re-rated to 100.

Under the TINA environment, stocks with proven track record (dividends) and strong asset backing (property companies are strong contenders) have been chased up. TINA means There Is No Alternative and seriously one just need to look across the strong out-performers on SGX and will clearly appreciate the TINA theme. If you think that this is a local phenomenon, then you will be mistaken as it is a global theme that is sweeping through global equities mkt.

The only risks here could well be a delisting of LKH. Lau family has done it with General Corp and did very well considering the asset inflation since then.

As for asset injection into ailing company, I personally do not think that the family will risk their reputations in doing so. They have been rock solid with LKH and with their aging profile, it is highly unlikely that they will risk that.

Vested

Stock trying to break out into all time high but finding some resistance with lots of selling at abt 73ct. But co also going to ex-div 4.5 ct though. so will affect price chart.

LKH one of the few sgx stocks with Iskandar property exposure. Its land could be better location than the land to be injected into AusGroup.

[revelationofpyramids]

Greengiraffe, not sure if u misunderstood me. My last sentence I said that the land that LKH owns is better than the land injected into AusGroup in the RTO that is just announced.

That land is in the far north of Iskandar, further than Skudai airport. Whereas some of LKH land is in Seri Alam, established and more like within core of Iskandar. Altho they also have some land nearer or in Kota Tinggi.

But yes, I like LKH for its small investor-friendly culture of sharing profits by giving out big dividend. Waiting for them to sell PL Sq retail space to a Guthrie REIT.

[greengiraffe]

No worries, I am also making a general statement. LKH is a solid company and takes calculated risks.

When they bagged PL Square, there were many doubters including myself if they knew what they were doing but time prevailed and LKH prevailed as well.

I stand by my view that LKH is a boring company that just keep doing what old folks do - nothing fanciful but if they do it correctly, it is rewarding and shareholders will benefit.

We do not need excessive smokes and mirrors - just plain hard work and perseverance. Business is the same and investment is the same too.

Vested
GG

Greengiraffe, not sure if u misunderstood me. My last sentence I said that the land that LKH owns is better than the land injected into AusGroup in the RTO that is just announced.

That land is in the far north of Iskandar, further than Skudai airport. Whereas some of LKH land is in Seri Alam, established and more like within core of Iskandar. Altho they also have some land nearer or in Kota Tinggi.

But yes, I like LKH for its small investor-friendly culture of sharing profits by giving out big dividend. Waiting for them to sell PL Sq retail space to a Guthrie REIT.