Chip Eng Seng

[Teletubby]

That would be quite ridiculous. The strata-titled retail units are in the hands of the owners now, it's not up to the company to decide who to lease the units to. On the other hand, perhaps you should go and check out the place. Things are not that bad. Tenants like Gain city, Toast box etc have already commenced preparations. No massage palor/ktv from what I observe, but then again, I think a spa providing massage services etc and a ktv outlet like kbox would not be out of place in that area.

I hope ces had an agreement in place of the type of trades which can be operated in the alex mall. With that kind of price the investors paid for the strata units,it is fair to say,those investors will be looking for profit maximization. Nowadays only f&B or massage parlor/ktv can pay that kind of rent. If the later come in, it will destroy the image of the mall and ultimately affect the hotel image unless anybody believe ktv and hotel rooms are a great match. 2c worth.

*Not vested,dont intend too.

[catchup]

Given the "pessimistic" outlook by many, maybe 80 cents is coming soon ...

Hope it comes.

I am a value investor, not a short term trader. I buy a profitable company which is undervalued and wait for my rewards, and in the meantime I collect a good dividend. I also make sure that the comapny is safe and my investment is not likely to turnturtle.
Sure, the share price will fluctuate, but if the value is there and the company makes decent profit yearly, the price will reflect its value at some point. CES is not going to make 40+ c in 2015, last year was an exceptional year. But if CES makes 10-15 c a year, I think that is great.
For a company that is price at 80+ c, what is there to complain about making 10-15 c yearly and giving 4c div?
I think if one buys in at 80+ c and target to sell at 0.95-1.00, this target should be reasonable for CES because the yearly profits builds on the NAV.
Just my 3 c

[Teletubby]

In my opinion, two possibilities come to my mind. You are either not patient enough, or the stock (presumably an asset play) that you bought wasn't of decent quality. On average, decent asset play stocks tend to approach their NAV in the long run. Money is made by acquiring these stocks at a significant discount from their RNAV.

A stock like CES would rank highly in the asset play assessment checklist. Proactive and shareholder-friendly management with regards to maximizing and unlocking value for shareholders, check. High dividend yield with a sustainable dividend so you can get paid while waiting, check. Proven track record in growing NAV, check. And finally, substantial discount to RNAV, check.

From my relatively short 5 years of investing experience, some serious money were made from this class of stocks. I am confident that more money lies in store in the next 5.

“The stock market is a highly efficient mechanism for the transfer of wealth from the impatient to the patient.” -Warren Buffett

I know there are many loyal supporters for CES. However, after reading CCUV's point of view and my own personal experience, I am inclined to accept CCUV's view as the rational view. I was delusional about a stock that would eventually trade to its NAV and I thought, that was a gem. In the end, it was a horrible wait. I immediately exited into my position and plowed it back into a company that is generating consistent profits. I made considerable gains subsequently.

Again, I am not here to "shoot" any stocks down.

[CCUV]

Given the "pessimistic" outlook by many, maybe 80 cents is coming soon ...

Hope it comes.

I am a value investor, not a short term trader. I buy a profitable company which is undervalued and wait for my rewards, and in the meantime I collect a good dividend. I also make sure that the comapny is safe and my investment is not likely to turnturtle.
Sure, the share price will fluctuate, but if the value is there and the company makes decent profit yearly, the price will reflect its value at some point. CES is not going to make 40+ c in 2015, last year was an exceptional year. But if CES makes 10-15 c a year, I think that is great.
For a company that is price at 80+ c, what is there to complain about making 10-15 c yearly and giving 4c div?
I think if one buys in at 80+ c and target to sell at 0.95-1.00, this target should be reasonable for CES because the yearly profits builds on the NAV.
Just my 3 c

You mean legacy profit?where you get the number for the next few years, the ec project might have trouble in making a profit, break even at 800-850psf and the selling price of some d19 ec is already going below 800psf, how they going to make money I don't know

[Teletubby]

Ahem, the Fernvale project is a condo, not an EC.

Given the "pessimistic" outlook by many, maybe 80 cents is coming soon ...

Hope it comes.

I am a value investor, not a short term trader. I buy a profitable company which is undervalued and wait for my rewards, and in the meantime I collect a good dividend. I also make sure that the comapny is safe and my investment is not likely to turnturtle.
Sure, the share price will fluctuate, but if the value is there and the company makes decent profit yearly, the price will reflect its value at some point. CES is not going to make 40+ c in 2015, last year was an exceptional year. But if CES makes 10-15 c a year, I think that is great.
For a company that is price at 80+ c, what is there to complain about making 10-15 c yearly and giving 4c div?
I think if one buys in at 80+ c and target to sell at 0.95-1.00, this target should be reasonable for CES because the yearly profits builds on the NAV.
Just my 3 c

You mean legacy profit?where you get the number for the next few years, the ec project might have trouble in making a profit, break even at 800-850psf and the selling price of some d19 ec is already going below 800psf, how they going to make money I don't know

[CCUV]

Some orchard freehold apartment selling at 1800-1900psf which put the east coast project selling price at risk.

I am not here to bush the stock and I have no interest in this company,I just sense there are too many optimism which might cause newbie to jump in without considering all the risks.

[CCUV]

Ahem, the Fernvale project is a condo, not an EC.

Given the "pessimistic" outlook by many, maybe 80 cents is coming soon ...

Hope it comes.

I am a value investor, not a short term trader. I buy a profitable company which is undervalued and wait for my rewards, and in the meantime I collect a good dividend. I also make sure that the comapny is safe and my investment is not likely to turnturtle.
Sure, the share price will fluctuate, but if the value is there and the company makes decent profit yearly, the price will reflect its value at some point. CES is not going to make 40+ c in 2015, last year was an exceptional year. But if CES makes 10-15 c a year, I think that is great.
For a company that is price at 80+ c, what is there to complain about making 10-15 c yearly and giving 4c div?
I think if one buys in at 80+ c and target to sell at 0.95-1.00, this target should be reasonable for CES because the yearly profits builds on the NAV.
Just my 3 c

You mean legacy profit?where you get the number for the next few years, the ec project might have trouble in making a profit, break even at 800-850psf and the selling price of some d19 ec is already going below 800psf, how they going to make money I don't know

Sorry my mistake

[Zip113]

it just happen jeff also posted on chip eng seng for a technical potential buy in his website for the last 2 days

http://singaporestockstrading.com/2015/0...up-part-2/

[CCUV]

The oversupply situation in d19 area is serious punggol,sengkang, it is silly to believe the oversupply in ec had no impact on private project in that area

[CCUV]

it just happen jeff also posted on chip eng seng for a technical potential buy in his website for the last 2 days

http://singaporestockstrading.com/2015/0...up-part-2/

Bro,all those hardcore support in Ces don't read ta, they will tell you even if it drop to 50c they are going to hold on to it,anyway vb fa,please don't post ta