ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Updated website for Marquis de Lafayette!

http://www.mdl.co.id/marq-de-lafayette/#homepage.html

Thanks for the constant update Volmax.

Apart from its half yearly results and limited external sites, your timely updates are rather appreciated.

Things set to look good for Pollux from its project.

Will RTO take place? With hints already everywhere, I do hope it is in the near future. But that's just a bonus to me.

Construction Updates For Havelock Serviced Apartments!

Photos taken on 9 December.


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More clues!

Eva Dwiyana
Director of Sales and Marketing at PT. North Pacific Development

(member of Pollux Properties Ltd Sg)

http://translate.googleusercontent.com/t...1YrfW-WVSg

More updates!

Borneo Marina Bay, Balikpapan
Superblock (retail mall, condo, apartment)
New Project, Coming Soon!

World Capital Tower!

Weekly Progress Photos

http://0357188.netsolhost.com/htdocs/wct...ess-photo/

The 500 lots at 9.1 cents for the past week could be the work of the stabilising manager to prevent price run up before major announcement. A sane investor would have done his due diligence and will not sell at this discounted price!

Pollux Indonesia website suspended!

http://pollux.co.id/cgi-sys/suspendedpage.cgi

RTO to be announced?

Bid
20 lots @ 0.066

Offer
13 lots @ 0.103

The spread is ridiculous!

Nov Update:

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Mayfair Residences(4/20 units sold, 1 unit sold in Nov) is selling slow due to larger quantum as stated earlier in the thread.

Amazingly, the price sold for this unit $1,628/psf is much higher than the 3 units sold in Jul, between 1,400-1,477/psf.

Garden Park Residences is doing much better(27/36 units sold, 3 units sold in Nov)

The recently launched Berkeley Residences has sold 2 units at 1,400 and 1,591/psf.

Pavillion Square with 6 units unsold.

Overall, pretty good sales with all CMs out there. I'm just a little bit worried for their Mayfair Residences though.

(vested)

Warhol Residences New Website!

http://www.wrsl.co.id/#index

Developer!

http://www.wrsl.co.id/#developer

I think it's a good idea for Pollux to have RTO as the company in SGX is too small to catch anyone attention. With just 3 small projects at East Coast and 1 larger one at Geylang, plus the sold out units at 1 or 2 other smallish projects and also the Ganges Avenue serviced apartment, no one is paying much attention to it now.

Furthermore not much corporate action like dividend or bonus/right issue.

Only a RTO to upsize the company will raise profile of Pollux.

Still waiting for that to happen.....