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hit 50 ct

hit 60ct, congrats to all :-)

moderators,pls move thread to SG listed co, thanks

Trading Halted together with Frangrance.
Good news?

Purchase of Tai Keng Court at a price of $1,057.8 psf with Frangrance as a JV partner.

http://info.sgx.com/webcoranncatth.nsf/V...9002D083E/$file/ANNCM_TaiKengCourt.pdf?openelement

(22-03-2012, 09:12 PM)ngcheeki Wrote: [ -> ]Purchase of Tai Keng Court at a price of $1,057.8 psf with Frangrance as a JV partner.

http://info.sgx.com/webcoranncatth.nsf/V...9002D083E/$file/ANNCM_TaiKengCourt.pdf?openelement

Doesn't sound like a good deal.
Assuming $300 psf of construction cost ...that means break-even of $1400 ....plus 15% margin ..selling price will be $1600 and above...

But the brothers aren't daft, are they?
hmmmm....

Oxley also 3x the value what

(20-04-2012, 10:08 AM)Behappyalways Wrote: [ -> ]48 now.....3X NTA compared to other property counters......fantastic ^^

this counter is way way overvalued compared to its peers.....beware

Set a profit taking price at 30 cents ....and it keeps going up and up. As a result, my profit taking price also moves with it......

No, I am not complaining.

25.5cent was before the bonus issue. So it is 125% return.....crazy...
Last year, there was a right issue followed by bonus issue....

Crazy run....

If it is too good to be true, stick to your guns. Both brothers got a simple formula - both counters are all tightly controlled, hence it only takes a little to move the stock.

Since when do we value property stock on a PE basis? Buddies any view?

(20-04-2012, 03:50 PM)camelking Wrote: [ -> ]25.5cent was before the bonus issue. So it is 125% return.....crazy...
Last year, there was a right issue followed by bonus issue....

Crazy run....