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Construction boom! go for this!
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Investsmart
Senior |
11-Jan-2007 17:19
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LKH tops the class again today !!! More upside to come !! |
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ozone2002
Supreme |
11-Jan-2007 11:52
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Yeah movin everyday!... I love construction !..for this week only.. keke |
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TONY8888
Member |
11-Jan-2007 10:09
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Saw this posting @ shareinvestor :LKHSp target price @ $2.04 by UOB KH. From UOBKH: "Low Keng Huat (BUY/S$1.19/Target: S$2.04). Historically the most active general contractor in the commercial segment. Has transformed itself into an IPD through partnerships with other property developers. Strong balance sheet with no long-term debt. Key projects: Domain 21 (Delta), Regency Suites (Kim Tian)." |
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ozone2002
Supreme |
10-Jan-2007 16:06
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SINGAPORE (Dow Jones)--Shanghai Tat Hong Equipment Rental Ltd. and Beijing Zhongjian Zhenghe Construction Machinery Ltd. Wednesday signed an agreement to form a joint venture that will rent tower cranes and construction equipment in China. Shanghai Tat Hong is 90%-owned by Tat Hong Ltd. (T03.SG), the world's largest crane company by fleet size of crawler cranes. Under the agreement, Beijing Zhongjian Zhenghe will contribute 33 tower cranes, valued at CNY35 million, from its rental fleet and Shanghai Tat Hong will provide four tower cranes and cash to a total value of CNY35 million, the two companies announced at a joint media conference. Each company will hold a 50% stake in the joint venture called Shanghai Zheng He Tat Hong Construction Equipment Rental Co. Ltd. Ronald Ng, chief executive of Tat Hong Holdings, told reporters that the joint venture aims to increase the size of its rental fleet to 100 units within two years. He also said that Tat Hong sold its 14.3% stake in CSC Holdings Ltd. (C06.SG) Wednesday for S$35 million in line with the company's strategy to sell non-core assets. |
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ozone2002
Supreme |
10-Jan-2007 14:34
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Tat hong halted cos they disposed their CSC shares..no longer a shareholder of that company... No wonder tat hong is full steam rolling ahead!.. ;p |
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jessie
Senior |
10-Jan-2007 12:33
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other construction and property stocks have already moved so much and this one havent leh... It's time for this laggard to play catch up already........ |
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ozone2002
Supreme |
10-Jan-2007 10:55
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Up 12c today..gd profit..thinkin of lettin go.. cos major correction coming... Other construction companies: Tat hong HALTED! |
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tuntan8888
Senior |
10-Jan-2007 09:55
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Agree with u. But LKHSp Directors hv NOT done enough to enhance shareholders' value (of at least $2 each). Minority shareholders must see how Isetan remove the independent directors @ today's EGM & act likewise immediately 'cos time is running out for S.44 tax credit utilisation (of at least $0.60 gross per share). |
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ozone2002
Supreme |
10-Jan-2007 08:53
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Good value..big player in the construction mkt in SG.. entry price 1.18.. go long! target px $2 |
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