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17-02-2015, 10:04 PM
(This post was last modified: 17-02-2015, 10:17 PM by Curiousparty.)
Important Milestones - Let me know if I leave out anything. Many tks.
By the end of 2015, CES should be able to achieve at least 90% of its conservative RNAV of $1.70.
I suspect company might do share buyback again after its 2014 full year result announcement
Feb 2015
CES is going to report its all-time best full-year EPS (estimated to be ~ 37 cents), more than the market cap of many small-cap companies (i.e. New Toyo, etc.)
March/April 2015
Probable Announcement of successful bidder for Carlton Project Land Parcel (which comes with pre-approved development plan of ~1000 apartment + some retail units) [probably 5 - 7 cents EPS gain]
May/June 2015
Commissioning of Alex Hotel. Recurring income of ~$14mil per annum (net after tax) will flow in. Additional recurring 2.2 cents EPS per annum. Plus revaluation surplus of some ~30 cents
1H 2015
a. Probable Announcement of another investment property ~ $150mil
b. Launching of Doncaster Project (Australia)
2H 2015
a. Re-launching of Fulcrum
**********
1H 2016
- TOP of Junction 9
2H 2016
- TOP of 9 Residence
[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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To have a better appreciation of the impact of revaluation gain on share price, one can refer to the case of Hotel Grand Central
http://www.nextinsight.net/index.php/sto...-opposites
[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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Since last round of updates, another 18 units have been sold at Nine Residences, for a total of $15.6 million. There seems to be some movement of 100PP units as well. However, no movement on Fulcrum side.
All of these are extra unaccounted for cash flow coming in, gotta update my valuations.
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Next week, CES will report , I am looking to a set of excellent result. Hope they can give a special dividend for this round.
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23-02-2015, 11:09 AM
(This post was last modified: 23-02-2015, 11:14 AM by Curiousparty.)
Does anyone have the estimated EPS gain for the Fernvale project?
So far, none of the analysts has factored in any profits from this project. tks.
http://www.propertyguru.com.sg/listing/1...nch-by-cel
[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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Important Milestones - Let me know if I leave out anything. Many tks.
By the end of 2015, CES should be able to achieve at least 90% of its conservative RNAV of $1.70.
I suspect company might do share buyback again after its 2014 full year result announcement
Feb 2015
CES is going to report its all-time best full-year EPS (estimated to be ~ 37 cents), more than the market cap of many small-cap companies (i.e. New Toyo, etc.)
March/April 2015
Probable Announcement of successful bidder for Carlton Project Land Parcel (which comes with pre-approved development plan of ~1000 apartment + some retail units) [probably 5 - 7 cents EPS gain]
May/June 2015
Commissioning of Alex Hotel. Recurring income of ~$14mil per annum (net after tax) will flow in. Additional recurring 2.2 cents EPS per annum. Plus revaluation surplus of some ~30 cents
1H 2015
a. Probable Announcement of another investment property ~ $150mil
b. Launching of Doncaster Project (Australia)
c. Launching of Fernvale Jalan Kayu Project
2H 2015
a. Re-launching of Fulcrum
**********
1H 2016
- TOP of Junction 9
2H 2016
- TOP of 9 Residence
[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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23-02-2015, 10:52 PM
(This post was last modified: 23-02-2015, 10:53 PM by yewkim.)
I think 1.14 is the reasonable price for now. I think should be reach easily. Hope they annc a special dividend as well.
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23-02-2015, 11:03 PM
(This post was last modified: 23-02-2015, 11:08 PM by Curiousparty.)
http://roxypacific.listedcompany.com/new...3VYM.1.pdf
Roxy Pacific RNAV = 72.1 cents (as of 31 Dec 2014)
Trading at market price of 55 cents (as of 23 Feb 2015)
Discount to RNAV = 24%.
CES RNAV = $1.70 (conservative)
Applying discount of 24%, CES should easily trade at ~$1.30
[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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