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24-08-2014, 08:34 PM
(This post was last modified: 24-08-2014, 11:19 PM by Curiousparty.)
Tks.
There are thousand and one "undervalued" counters out there. It doesn't follow that one has to buy each undervalued counter.
(24-08-2014, 08:29 PM)sykn Wrote: For me, it's the sincerity that comes across when the person puts up the post. Whether a posting seems more promotional than another really depends on the personality of the person doing the posting and how passionate he is about the subject. Some say a lot of good things about the company, some give a lot of data that they have analysed, some share a news article or analyst report, still others choose to provide a lot of information but no personal views. I find all of them useful, so long as he doesn't keep "urging" me the buy the stock. Just a personal perspective.
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Uncharted territory from now onwards - 90 cents
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25-08-2014, 10:13 AM
(This post was last modified: 25-08-2014, 10:15 AM by BlueKelah.)
(25-08-2014, 09:11 AM)Curiousparty Wrote: Uncharted territory from now onwards - 90 cents
It's not uncharted, taking a look at 2007 CHART it was >1 dollar in July 2009 peak, wonder how it hit <20cents in just 1 years and has taken 6 years to recover that value.
Always be aware of not just 52 week lows but 10 year lows as well...
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25-08-2014, 10:28 AM
(This post was last modified: 25-08-2014, 07:31 PM by Curiousparty.)
previously, there was no "real NAV" to support the price, and it was trading a few times beyond its book NAV.
http://financials.morningstar.com/ratios...ture=en-US
NAV in 2009 - 39 cents (of course, it had to crash)
This is the inherent danger of property counters trading way above their book NAV (e.g. Wee Hur, Oxley, etc)
But now, CES is still trading way below its RNAV, promoting the company to keep buying back its own shares. The company might come out and buy again.
(Pls refer to the RNAV forecast in my other email.)
Of course, those who can not "bear to take the risk" should just liquidate and sell off, so that u can sleep better at night.
tks
(IMHO)
*****
(almost every other tom dick harry counters were trading way beyond their intrinic value before the GFC )
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Chip Eng Seng Corporation Ltd- PhillipCapital Market Watch, enjoy!
http://www.youtube.com/watch?v=rTfbSWr8KBc
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25-08-2014, 09:16 PM
(This post was last modified: 25-08-2014, 09:22 PM by Curiousparty.)
In my humble view, the RNAV of $1.47 should be on the very conservative side. It has also not taken into account any overseas projects (TM, Doncaster, Carlton, Malacca Hotel/Retail/Residential, Fulcrum)
Why will the company buy at 88.6 cents (1.5 mil shares) and 85 cents (2 mil shares) if the gain is only a meagre 20% to around $1.00 ?
(25-08-2014, 09:09 PM)valuehunter88 Wrote: Chip Eng Seng Corporation Ltd- PhillipCapital Market Watch, enjoy!
http://www.youtube.com/watch?v=rTfbSWr8KBc
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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(25-08-2014, 09:16 PM)Curiousparty Wrote: In my humble view, the RNAV of $1.47 should be on the very conservative side. It has also not taken into account any overseas projects (TM, Doncaster, Carlton, Malacca Hotel/Retail/Residential, Fulcrum)
Why will the company buy at 88.6 cents (1.5 mil shares) and 85 cents (2 mil shares) if the gain is only a meagre 20% to around $1.00 ?
(25-08-2014, 09:09 PM)valuehunter88 Wrote: Chip Eng Seng Corporation Ltd- PhillipCapital Market Watch, enjoy!
http://www.youtube.com/watch?v=rTfbSWr8KBc
Company could be buying own shares in this good year to incur expense. Could the company be giving these shares as rewards to staff subsequently?
Vested.
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25-08-2014, 09:47 PM
(This post was last modified: 25-08-2014, 09:48 PM by Curiousparty.)
As long as treasury shares are not cancelled, there is chance that some amts can be dished out to align interest of staff with that of company.
Perhaps, u may wish to check out whether CES had any history of dishing out share options to its own staff.
many tks.
(25-08-2014, 09:24 PM)value seeker Wrote: (25-08-2014, 09:16 PM)Curiousparty Wrote: In my humble view, the RNAV of $1.47 should be on the very conservative side. It has also not taken into account any overseas projects (TM, Doncaster, Carlton, Malacca Hotel/Retail/Residential, Fulcrum)
Why will the company buy at 88.6 cents (1.5 mil shares) and 85 cents (2 mil shares) if the gain is only a meagre 20% to around $1.00 ?
(25-08-2014, 09:09 PM)valuehunter88 Wrote: Chip Eng Seng Corporation Ltd- PhillipCapital Market Watch, enjoy!
http://www.youtube.com/watch?v=rTfbSWr8KBc
Company could be buying own shares in this good year to incur expense. Could the company be giving these shares as rewards to staff subsequently?
Vested.
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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Looking past 5 years there was no record. But there could always be first time. Reward for good performance.
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25-08-2014, 10:41 PM
(This post was last modified: 25-08-2014, 10:46 PM by Curiousparty.)
If the increase in EPS turns out to be more than 30 cents, no harm dishing out a bit of money to "align" interest between staff and shareholders for the longer term good of company
Well, shareholders can urge company to cancel all treasury shares too if they really feel that is in their best interests....
(IMHO)
(25-08-2014, 10:26 PM)value seeker Wrote: Looking past 5 years there was no record. But there could always be first time. Reward for good performance.
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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