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This is the most resilient property stock - most of its property are non residiential
krisluke ( Date: 21-Feb-2011 12:45) Posted:
UIC: Given 76.5% owned SingLand results, 2010 results were also boosted by revaluations. full yr 2010 rev dipped by 4% to $972.0m but net profit rose to $703.0m compared to a loss of $142.8m prev in 09. Operating profit rose 1.5% to $402.3m over 2009.
Revaluation gains on property was a positive $691.0m compared to a loss of $658.5m in prev yr. The slight fall in rev was explained by the completion of residential projects of Tianjin Jun Long Square, One Amber, Grand Duchess and Northwood. Of note, UIC Building was valued at $659m in Dec 2010 up 62.7% from $405m in Dec 09. A div of 3.0c has been declared same as 09. UIC, with NAV of $2.71, is trading at P/B of 1.0x. |
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This is a solid company with good dividend - usually at least 6 cents
bsiong ( Date: 21-Feb-2011 17:56) Posted:
Wheelock posts 76% rise in full-year gross profit to $330m
  Wheelock Properties, the luxury property developer, today announced a revenue of $572 million and gross profit of $330 million for the full year ended 31 December 2010. This is an increase of 48% and 76% respectively when compared to financial year 2009 led mainly to higher revenue recognition from Scotts Square based on construction progress and from the sale of units in Orchard View in FY2010. Gross profit margin improved to 58% from 48% last year.
The group’s investment properties also saw an increase of $55.5 million as a result of the fair value gain on the revaluation of Wheelock Place, which was revalued from $794.5 million to $850 million.
The group has a healthy Cash and Cash equivalents position of $861 million as at 31 December 2010 as compared to $759 million held as at 31 December 2009. This increase was largely attributed to the progress billings from sales of units at Ardmore II and Scotts Square as well as sale of units in Orchard View in FY2010.
Wheelock says its revenue and earnings will be further bolstered by the recognition of remaining profits on sold units at Scotts Square. Progress billings between 45% and 55% have been served on Scotts Square and we expect to achieve 85% in 2011 when the project obtains its Temporary Occupation Permit (TOP). About 100% of profits will also be recognised on additional units sold in the completed Orchard View.
 
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annual yield of 8.8 % is definitely a good buy. better than singpost at 5%
knightrider ( Date: 21-Feb-2011 15:48) Posted:
Noted, and thks !!!
Andrew ( Date: 21-Feb-2011 14:57) Posted:
I think no hurry lor.......DIV just paid and with the current situation, it can get cheaper perhaps.
If really must buy, buy slowly...... |
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Midas should be able to buck market trend as property cooling measures or middle east chaos have no direct bearing or impact
Hulumas ( Date: 21-Feb-2011 17:26) Posted:
SSE and SZSE indices counters all up today, so China stocks are up today!
GuavaXF30 ( Date: 21-Feb-2011 11:45) Posted:
No need to quarrel. You have your feel, I have mine.
But, on the  other hand, I too feel this is a good stock. Just that, sentiments are all against at the moment. Will go back up, but just need more time than you think.  |
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why this counter so resilient in such weak market? could be take over target or privatisation in the pipeline?
knightrider ( Date: 21-Feb-2011 10:53) Posted:
Time to re-enter ! Good Luck. |
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Drop a few cents each day can be quite scary.  Must be brave to cut loss.
tonylim ( Date: 14-Feb-2011 15:40) Posted:
I am afraid people are buying as they thought it is dirt cheap to go in.
Anyway, Jaya had not been spectacular during the bulls.
Jackpot2010 ( Date: 14-Feb-2011 14:51) Posted:
My gut feel is it won't go so low as 48c. No one knows the game plan of BBs. They can scare ppl to sell then rebound sharply. So far no panic selling  b'cos  Only 10m out of 355m (free float excluding new investors' holding) done, i.e. < 3% of free float. |
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I am afraid people are buying as they thought it is dirt cheap to go in.
Anyway, Jaya had not been spectacular during the bulls.
Jackpot2010 ( Date: 14-Feb-2011 14:51) Posted:
My gut feel is it won't go so low as 48c. No one knows the game plan of BBs. They can scare ppl to sell then rebound sharply. So far no panic selling  b'cos  Only 10m out of 355m (free float excluding new investors' holding) done, i.e. < 3% of free float. |
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still have time to let go and cut loss before it hit 48 cents if the mandatory unconditional offer comes true
Jackpot2010 ( Date: 14-Feb-2011 10:18) Posted:
58c -8c
offshore shipping 25%, vessel sales 75%,  when no vessel sales, its revenue plunged sharply. |
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Sorry , I dumped all Jaya shares today .
Risky to hold lest it falls to  48 cents
knightrider ( Date: 14-Feb-2011 12:51) Posted:
Having sink yet la, " rotten vessel still got 3 nails to support" , hope it won't be too bad. Good Luck. |
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Just dumped mine today
tchoonw ( Date: 08-Feb-2011 14:10) Posted:
maybe use the right proceeds to buy a few good units sail@marina is a better investment...
eng81157 ( Date: 08-Feb-2011 13:49) Posted:
no need to wait if you don't intend to subscribe to the rights exercise since any share dilution will only happen after the ex-rights date.
if wanna cash out, do it quick cos' you never know  what the  $ raised from the issue is used fo |
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My picks for the Rabbit Year:
Unidux at 8.5 cents but difficult to get ..low volume but it is a takeover in the offing at around 14 cnts or more
Midas, UIC, Wheelock, Tuan Sing, Technogas& Oil, PEC, EZION, PacAndes, hongleong asia, CWT,CACHE
iPunter ( Date: 05-Feb-2011 09:38) Posted:
Any good stock is a good bet,
    provided one buys it a a low-low price... 
jackjames ( Date: 05-Feb-2011 08:18) Posted:
Barron's 10 US stocks for 2011 , published at Personal Money , The Edge Magazine on managing your finaces.
1) ExxonMobil
2) United Continental Holdings
3) J P Morgan Chase
4) Barrick Gold
5) Wal-Mart Stores
6) Cisco Systems
7) Pfizer
8) General Motors
9) Entergy
10) PepsiCo  |
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Not necessary.
Just an example like beyonics... consolidated to 60 cents per share but always hover around 20 cents..  a huge drop that never recovers even when it is profitable
monkey80 ( Date: 05-Feb-2011 09:58) Posted:
Consolidate then give bonus share.
Benefit shareholder without paying cash.
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dropped so much
why
des_khor ( Date: 08-Dec-2010 01:07) Posted:
Did you buy ? now only 0.725 ! |
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dropped quite a fair bit.
what has happened
lesliesiaky ( Date: 12-Jan-2011 00:19) Posted:
Have invested in Dec as I feel the stock is under valued at current price (P/E and P/Book). Hope you are right that soon there will be more traction on this counter. Interim dividends should help a bit on pushing up the price. |
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collected my six cents dividend and waiting for it to move above 1.20
tonylim ( Date: 06-Jan-2011 21:27) Posted:
The TP was 1.20 before the oil price hike. Company is profitable with good dividend yield. There is upside potential unless the market sentiment turns bad
tea444u ( Date: 06-Jan-2011 20:37) Posted:
Hi Mr Lim, so how still safe can buy ? me only let a bit of bullets. help ! need to make the best choice if possible., help! |
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very little upside ass there is no good business model.  Too many competitors
Leinadgnow ( Date: 04-Feb-2011 02:11) Posted:
raffles education support at 0.3 with the 2 haramis at 0.3 located respectively. Buying now and setting a S/L below 0.3 is a good way to go ... However MA and MACD is showing downward movements and hence a breach of 0.3 is more then likely. If you wish to, short at 0.31 and set a S/L above 0.32 ideally, 0.33 to include flucuation. Tp price at 0.30 to take out half your sizing and the other half to take at 0.285 before a possible bounce and close at 0.29 due to support. Happy CNY 
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very promising and has good dividend
bsiong ( Date: 02-Feb-2011 13:34) Posted:
Pacific Andes  reported 1QFY11 net profit and revenue of HK$167m (+11.2% yoy) and HK$1.73bn (+10.9% yoy). Pending review, maintainOutperform&   TP  of  S$0.50.
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Tuan Sing should move above 60 cents in good time especially with th spectacular results
Bintang ( Date: 03-Feb-2011 22:59) Posted:
Hi rachael ,
Happy New Year  .  I was posting my comment based only on my observations .
Tuan Sing may have better FA now , if the TA keeps on   improving , its trend may improve   too .
rachael ( Date: 03-Feb-2011 19:49) Posted:
Hello Bintang, missed all the actions on eve  of Chinese new year and I am so glad to see Tuan Sing moving so fast. Your chart analysis is    always so ACCURATE   and   THANK YOU for recommending this counter to me. Hope to see more of your postings at sharejunction.   HAPPY NEW YEAR |
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Agree.
With an improving economy, a leading logistics company like cwt will move in tandem
1.50 my trget too
knightrider ( Date: 02-Feb-2011 12:33) Posted:
Just unload Raff Edu, buy more on this counter !!! Good Luck. |
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Just buy and let it grow above $2. Should touch $2.30 easily in a good market
stocksburntme ( Date: 09-Jan-2011 14:09) Posted:
any chance to reach $2 soon?
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