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
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.
Next week, CES will report , I am looking to a set of excellent result. Hope they can give a special dividend for this round.
Booking of revenue will ensure a great FY result, bringing NAV up closer towards the RNAV of $1.60-$1.70. Other than that, the fundamental story remains the same, large margin of safety on relatively certain profits to be booked. Building recurring income streams. Some extra bonuses from potential sale of Aussie land bank, launch of Fernvale units (now at VVIP pre-sale stage), potential special dividend and/or share buyback.
(21-02-2015, 10:08 PM)yewkim Wrote: [ -> ]Next week, CES will report , I am looking to a set of excellent result. Hope they can give a special dividend for this round.
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
(23-02-2015, 11:17 AM)Curiousparty Wrote: [ -> ]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
CES Centre Contribution?
I think 1.14 is the reasonable price for now. I think should be reach easily. Hope they annc a special dividend as well.
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