Chip Eng Seng

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existing means "at this point in time".
(based on projections)

(15-09-2014, 02:45 PM)Ray168 Wrote: OK. I may read wrongly. Shy

I mean FY15 NAV = $1.51.

The existing RNAV is >$2.00. The "existing" means when? Rolleyes

(15-09-2014, 12:35 PM)Curiousparty Wrote:
Ray168 Wrote:Hi Curiousparty, If FY15 RNAV is 1.51, how then existing RNAV is >$2.00? Agreed with you that most appropriate value method for property company is by NAV. However, Mr. Market is reacting to the earnings. That's the fact. IMO, I will use both.

Did u read wrongly ?

FY15 NAV - $1.51 . Tks
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Tan Yong Keng sold 1m CES on Friday but market seem to not react so much. Maybe he just need to take profit. don't think its too negative I hope.
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revelationofpyramids Wrote:Tan Yong Keng sold 1m CES on Friday but market seem to not react so much. Maybe he just need to take profit. don't think its too negative I hope.


The key is whether he is related to the main family who started CES ? Is his surname LIM ?
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CEL website says TM delayed until 2018. Wonder what is happening there and how will this impact share price??

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BlueKelah Wrote:CEL website says TM delayed until 2018. Wonder what is happening there and how will this impact share price?? via Xperia Z1 with Android 4.4.4 running tapatalk.
think share price might crash ... Better run ...
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(30-09-2014, 03:19 PM)Curiousparty Wrote:
BlueKelah Wrote:CEL website says TM delayed until 2018. Wonder what is happening there and how will this impact share price?? via Xperia Z1 with Android 4.4.4 running tapatalk.
think share price might crash ... Better run ...

Thanks for the value-adding advice CP.
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think this is "super old" info.

<extract from CEL website>
"19 May 2014

Tower Melbourne Status

CEL Australia would like to inform that while demolition work has been delayed, we are moving toward a resolution and recommencement of works on site. We look forward to seeing this spectacular project rise into Melbourne's skyline and advise that the expected date for completion is early 2018."

****
To "talk down" the stock, we need more credible and new information Smile
The Q2 results already mentioned that TM would be delayed and likely to TOP in 2018.

(See attached slides)


(30-09-2014, 03:17 PM)BlueKelah Wrote: CEL website says TM delayed until 2018. Wonder what is happening there and how will this impact share price??

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Attached Files
.pdf   Q2-2014 ppr.pdf (Size: 1.9 MB / Downloads: 7)
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Was just pointing out its still delayed, they would have updated it if everything was ok. Apparently something is still stopping them from resuming the project.

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Let's hope there is more delay to the TM project so that share price can languish more...

Company probably had made a big mistake buying back so much of its own shares..

company bought back some 7.4mil shares at an average price of about 88 cents recently




(30-09-2014, 08:12 PM)BlueKelah Wrote: Was just pointing out its still delayed, they would have updated it if everything was ok. Apparently something is still stopping them from resuming the project.

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Share price still stubbornly high ... Want it to drop more also hard ....
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