Latest Forum Topics / Tiong Seng Last:0.086 -- | Post Reply |
Billion order book
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Hulumas
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30-May-2011 09:29
Yells: "INVEST but not TRADE please!" |
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We don't ask you nor force you to buy, you may sell all your China related listed in SGX holding instead!
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Salute
Master |
29-May-2011 23:28
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ya, quite afraid of china stocks. lots of hidden germs. leave those who have ways to analyse to make it. |
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warrenbegger
Elite |
29-May-2011 22:54
Yells: "Anyhow Buy Anyhow Die ^_^" |
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http://www.channelnewsasia.com/stories/singaporelocalnews/view/1131904/1/.html While Mr Khaw is keen to ramp up the supply of new flats quickly, he admitted the construction industry cannot cope with this sudden surge in demand. The industry is used to building some 15,000 units a year. As such, Mr Khaw said it will take some time to meet demand. Mr Khaw added he needs to study the capacity of the construction industry to understand how fast flats can be built. |
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mooo000
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29-May-2011 18:35
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yea still schooling, same as you. :X REA is just sad, haha but at least i learnt a lesson and move on. now really don like s-chips liao, looking more towards singapore company. shall monitor tiongseng first. i think look quite promising, if it can get a few more projects. 
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warrenbegger
Elite |
29-May-2011 16:02
Yells: "Anyhow Buy Anyhow Die ^_^" |
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http://www.remisiers.org/cms_images/research/Research-29Nov-03Dec/sgconstruction_011211_all_DBSV.pdf Accelerated building of new HDB flats will spur construction and basic materials demand.
Award of public transport project tenders will drive civil engineering works in near term.
Valuation of construction stocks remains depressed.
Our top picks are Tiong Seng, Pan-United Corp, Yongnam and OKP Holdings.
Creating synergies & productivity through use of advance construction methods. Tiong Seng stands ahead with its keen productivity in its construction processes. It is proficient in the use of advanced formwork systems and off-site pre-casting, which cut time and labor content by up to 50% compared with conventional construction methods. In addition, completion of pre-cast factory by end 2011 will give it further competitive edge with lower construction leadtime and labor cost.
The Group expects majority of these orders to be recognized progressively over the next 12-30 months will provide earnings visibility going forward. -Above is a past link to DBSV research report on singapore listed construction sector company, it will take effect after Govt start to wake up :) -Pls dont listen to anyone, u must do your own research so if anything go wrong u dont complian, is your own money so invest carefully.
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warrenbegger
Elite |
29-May-2011 15:13
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Stock market is like chess play, A day to learn, a lifetime to master. But stock market cant be fully master, Cause U wont win all the time. If U can win more and lose less most of the time, U already consider yourself master of own.   |
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bryancbq
Master |
29-May-2011 14:38
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not smart la. lady luck happened to be smiling at me at that time. haha. anyway, you still schooling? hope REA didnt cripple u too much. its a long and tough journey! let's all learn and become better in this. =D 
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warrenbegger
Elite |
29-May-2011 01:24
Yells: "Anyhow Buy Anyhow Die ^_^" |
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DBS Vickers expects Singapore construction demand of around S$24 billion in 2011-12, with public sector likely to account for about 55%. Notes recent policy statements by PM Lee regarding urgent need for more HDB flats, enhanced public transport infrastructure record number of sites in 2H11 Government Land Sales program " also augurs well for construction demand." Says sector valuations lagging STI +10% year-to-date, construction stocks largely flat or down, despite strengthening orderbooks. Estimates building contractor stocks at 6X-7X forward P/E, equipment/materials players at 8X-10X. " We remain confident of a steady recovery in share prices of construction stocks, as contract flows strengthen in line with higher infrastructure spending in Singapore in 2011 and beyond." Tips top picks: Tiong Seng (K2P.SG), Pan-United (P52.SG), Yongnam (Y02.SG), OKP Holdings (5CF.SG). Remains neutral on Tat Hong's (T03.SG) prospects, as " crane utilization rates will only recover gradually, given overcapacity." (matthew.allen@dowjones.com) | ||||
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warrenbegger
Elite |
28-May-2011 23:31
Yells: "Anyhow Buy Anyhow Die ^_^" |
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I think u didnt get what i means, i didnt said if STI go up TS will go up too, what i mean is when STI drop a lots due to market panic selling, at least TS didnt get affected and thats good. U said as from chart TS is trading downward, then when market panic selling on mon should drop more, why still hold back at 0.240? Every counter need some good support at some time, if not better dont play stock, cause all will go to zero px. TS Fri trading BuyV 901 at 0.240 and SellV 0.245 at 198 prove still got people want to load at 0.240 but not many willing to throw down again and that on fri selling zone. Vol trade is low cause now many want to collect cheaper rather than to buy up on fri. Maybe our view is different, u see chart more and i see fundamental more. If u want outstanding super bullish chart, why dont u load big big on ZhongminBH and Artivision? I dont know how to play that kind of siao counter. Chart is the past left side and fundamental is the next right side, depend how u mix it. Can u tell me what counter u holding now and why? Maybe u can give us some tips before hand.
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excorfer
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28-May-2011 22:58
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i beg to differ as from chart, tiong seng is trading down wards and so what even if sti is not doing well n this counter is holding and that doesn't implies that this stock will go up when sti is up. so my advise is trade with care and wait. | ||||
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warrenbegger
Elite |
28-May-2011 21:14
Yells: "Anyhow Buy Anyhow Die ^_^" |
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It not that illiquid, just that this is not a speculator target like those high vol counter that cause big down and up. U didnt know tiong seng rally on end march from 0.220 to 0.270, that means is not that stone after all. And when STI drop shit panic sell off on mon that lose 58point, tiong seng still wont pull back more, the most still hang at 0.240 support. That why i buy and hold first, wont go down much, but maybe next rally will come again, just dont know when. I chose to buy now because i know Govt need to do a lots of improvment after GE, and housing is one of the main problem. And really news come out: National Development Minister Khaw Boon Wan has told HDB to build ahead of demand during this period of robust demand. Minister Khaw said that he has ordered the HDB to ramp up capacity and to bring forward projects scheduled for early next year to this year. He also directed the HDB to sustain the new pace of building, suggesting that at least another 25,000 flats would be built for next year or a total of 50,000 flats over a two-year period. http://www.channelnewsasia.com/stories/singaporelocalnews/view/1131652/1/.html http://sg.news.yahoo.com/blogs/singaporescene/hdb-ordered-ramp-building-flats-071846737.html And i see this will only benifit most of the construction sector this fews year even market not good, cause govt boss need to spend and do this for the people, if not 2016 GE backside tear again.
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mooo000
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28-May-2011 16:31
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wah scholarship, smart! haha i rmb cuz i same age as you, but not as rich as you, i also newbie. hope all the sifus here duo duo guan zao :)
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bryancbq
Master |
28-May-2011 16:01
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nono. dont worry.i get what you mean. haha. you still remember ah? hmmm. not very rich la. i think cos my family not rich, which sort of drive me to get out of that kind of life. i only sat in a private car (that means not public transport) when i was 17. all my relatives all poor, no car one, just very normal people. I sort of told myself, i must get out of this. so when got income, cos i used to being thrifty (last time no money so dont spend much), will save up more than half my income. but also cos i very lucky, got scholarship to study. so no need be troubled with university fees.
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mooo000
Member |
28-May-2011 08:55
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opps sorry, bryan wan to say you very rich, 22 already got so much money, how u save ah? but type wrongly, from already become only XD | ||||
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mooo000
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28-May-2011 08:52
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wah bryan.. u 22 only got 5 figure sum of money to invest ah? (if i rmb correctly from ur REA post, u cut loss 5 figure loss) btw warrenbeggar, can ask u although this stock fundamentals all good, but it is rather illiquid, dunno hv to wait till when than will rise, why you will choose to buy now? if got other options to put your money in and let it grow first? i also newbie, started last nov haha 
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bryancbq
Master |
28-May-2011 03:19
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wow! thank you warrenbegger! haha. very pleasantly surprise to see such a long reply from you! Alot of 金 玉 良 言 , must read a few times to distill out all the goodness. haha. seldom got people teach so much in forums one! thanks alot man! 我 刚 出 道 , so alot things donno. haha. 22 only sia. must learn from lao jiao and the experienced. Don't know if i am young and rash or what sia. always got the tendency to buy sell buy sell like fake money like that. and i do realise only the top traders will make money. will have a better chance of surviving if i invest instead of trade. do you face the same problem? I am conscientiously trying to fight it. haha. thank you once again! it's really very nice of you =D 
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warrenbegger
Elite |
28-May-2011 01:17
Yells: "Anyhow Buy Anyhow Die ^_^" |
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It hard for me to said what is my TP, cause my TP keep changing with the market mood and company fundamental. What i can tell u is i use startegy Up/Down PX, too much to said so i cut short. Eg, Analysis TP is around 0.33(many new/old bird think they can earn $ if know TP, but many chase and fall into long kang). Is like how much u willing to pay for a can of coke in cold or hot weather. Fair px for a coke is $1, in cold weather u only pay $0.70, and in hot weather u go siao and pay $2. But in hot weather if too many sell ice coke and become lelong selling, px will fall also but depend how u will collect and sell when chance come, that the law of supply and demand for the right time/enviroment/sentimental/right px/right counter and ect... Tiong Seng 52 week low is 0.215, High is 0.300, strong support is 0.230-0.240, anything below 0.245 can buy and hold for long except market crash mode cut below 0.200 and run road first. It had rally before so it will again with strong  profit to fill in each quater, so now downside 30%  vs upside of 70% (Depend on market god, not monkey god). IPO Px at 0.280, Nav 0.230 and fair px is at 0.270 (when net profit/asset start to roar in will increase more, then re-rating again). And just only current assets 451M - Total liabilities 323M = 128M in safe mode, cash on hand 70M will give them more allowance to play/throw around. Avg yearly turnover is 250+ million and now already 1.1 billion+ heavy orderbook liao, will earn like siao at least 2 to 3 year + even orderbook slow down when market go siao in long term, so quite safe for a company that got oncoming business that wont go bankrupt. Future look bright with Prefabrication Hub that help them  profit more and  waste less than other construction peers in long run, only the improving strong company survive. If all go smoothly with the right market/enviroment sector condition, Tiong seng fair value why cant pass 0.400+? But sometime market is strange to make rubbish stock goes up to heaven and good stock crash to hell. Same rice feed different people, different flower flavor different eyes and same value counter  get different px, that maket, no fair answer even u ask the right question. Those without strong fundamental and strong oncoming orderbook and is at a high px will free fall somedays, thats market fact. Real Gold do not scare of fire, but only scare no one recognize it. What i said here dont only apply to TS, it apply to others counter as well, sorry that i talk so much, Wish U find this usefull :)
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warrenbegger
Elite |
27-May-2011 23:12
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Wa biang! Just come  home open PC and  u send whole army to rape me! |
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warrenbegger
Elite |
27-May-2011 23:04
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Wa lau! U come burn my house! Puiii
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Hulumas
Supreme |
27-May-2011 14:12
Yells: "INVEST but not TRADE please!" |
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Talk nonsense!
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