01-05-2012, 10:36 AM
I hope it drops some more! Going to pick them up cheap! Since its unlikely Sing holdings will drop anytime soon...got some spare cash to play around with.
(01-05-2012, 10:36 AM)propertyinvestor Wrote: [ -> ]I hope it drops some more! Going to pick them up cheap! Since its unlikely Sing holdings will drop anytime soon...got some spare cash to play around with.
(01-05-2012, 04:19 PM)ngcheeki Wrote: [ -> ](01-05-2012, 10:36 AM)propertyinvestor Wrote: [ -> ]I hope it drops some more! Going to pick them up cheap! Since its unlikely Sing holdings will drop anytime soon...got some spare cash to play around with.
Yes, I'm also very tempted to pick up some if it drops further. Any advise on what is a good price to good in?? One of the few property stock with price to NAV of less than 0.5, gearing of 26% and dividend rate of at least 4% (I'm assuming 5 cents) based on current price of $1.185.
(02-05-2012, 10:59 AM)money Wrote: [ -> ]Hi accounting experts,
Property development costs is recognised as the lower of cost and net realisable value. Can someone do a little elaboration of what this means?
Thanks in advance.
In accounting lanaguage, is there a difference if it is phrased as
'Property development costs is recognised as the lower of cost OR net realisable value. '
(01-05-2012, 04:19 PM)ngcheeki Wrote: [ -> ](01-05-2012, 10:36 AM)propertyinvestor Wrote: [ -> ]I hope it drops some more! Going to pick them up cheap! Since its unlikely Sing holdings will drop anytime soon...got some spare cash to play around with.
Yes, I'm also very tempted to pick up some if it drops further. Any advise on what is a good price to good in?? One of the few property stock with price to NAV of less than 0.5, gearing of 26% and dividend rate of at least 4% (I'm assuming 5 cents) based on current price of $1.185.
(01-05-2012, 04:40 PM)nitro Wrote: [ -> ](01-05-2012, 04:19 PM)ngcheeki Wrote: [ -> ](01-05-2012, 10:36 AM)propertyinvestor Wrote: [ -> ]I hope it drops some more! Going to pick them up cheap! Since its unlikely Sing holdings will drop anytime soon...got some spare cash to play around with.
Yes, I'm also very tempted to pick up some if it drops further. Any advise on what is a good price to good in?? One of the few property stock with price to NAV of less than 0.5, gearing of 26% and dividend rate of at least 4% (I'm assuming 5 cents) based on current price of $1.185.
I am thinking whether if it is wise to wait for the 6th round of property measures?
In the last round of property measures implemented on 8th Dec 2011, this counter dropped <$1, but rebounded after a few months.
Noticed Gahment implemented measures within 6mths - 12mths timeframe in the last 2 years.
http://www.property-singapore.sg/singapo...sures.html
Nevertheless, it is always good to start buying when it looks valuable.