Koh Bros    Last:0.14   -

Koh Brothers

anyone has any views on this counter? Been buying back lots of shares. Aiming to delist?

My only concern about holding this long term is that paltry 1percent dividend yield at current price.  

 

After result release, daily share buy back start again. http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1022562

 

perform within expectation.

 

this gem finally moved!

 

0.325!

 

will it ever move?

 

Does anyone watch this counter?

 

KOH Brothers Group Limited's net profit for the fourth quarter ended Dec 31, 2012, jumped five-fold to $6.5 million from $1.3 million a year ago.

This was on a 74 per cent increase in revenue to $116.1 million, due mainly to progressive revenue recognition from its 99-year residential project, Parc Olympia at Upper Changi, which was launched in July last year.

Said Francis Koh, managing director and group chief executive officer of Koh Brothers: " While knee- jerk reactions to the latest round of cooling measures are inevitable, we remain positive on a stable outlook for Singapore's property sector."

" Demand from first-time homebuyers looking for a quality property is expected to remain strong and we are of the view that property prices will remain stable," he added.

 

Is there any website which we could read about that public announcement which caused the transaction to halt recently?

rotiprata      ( Date: 04-Nov-2012 11:26) Posted: wah..KB venturing into plant engrn and const biz...big projects up for tender soon

 

wah..KB venturing into plant engrn and const biz...big projects up for tender soon

 

Looks like trading has resumed after a few days’ of halt.

So what was  the announcement made, good news or bad news?

 

What does " transaction for the subscription of shares" means?

 

The Board of Directors of Koh Brothers Group Limited wishes to inform shareholders that the Company is in an advance stage in finalising a transaction for the subscription of shares in a company.

Further announcements will be made by the Company in due course.

The Company requests that its shares continue to be halted from trading.

 

Share-buy back at 20.5cents, if really delist then they really damn smart eh.。 ..

 

I did not say it's anyone fault.

It depends on where one stand from. Eg. If i wanna delist a company, delisting cheap does not mean i m doing something wrong! But if i purposely suppress the value n delist cheap, then i think i am sinful.

I'm just speaking from the view of a third party and does not stress anything.

On top of that, no one who bought Koh Bro does not know that their share are cheap, in other words, would u buy a 5room flat in woodlands for $1M ? Hmm....

 

Its not Koh Bros fault that market is not appreciative of their value. The fact is anybody who has been to the AGM will know that the management has repeatedly stressed that their shares are cheap thats why they introduced the share buyback mandate.

chinton86      ( Date: 22-Oct-2012 15:27) Posted: After eating up minority shareholder of Brothers, highly likely they will be eating up the minority shareholders of Koh Bro...Another typical CK Tangs i guess

 

bro, you are beri sharp...

chinton86      ( Date: 22-Oct-2012 15:27) Posted: After eating up minority shareholder of Brothers, highly likely they will be eating up the minority shareholders of Koh Bro...Another typical CK Tangs i guess

 

if good news = big contract award

otherwise bad news could be heavy fine/penalty by MOM / Downtown MRT for scaffold collapse in July 2012 killing 2 workers n injuring 8 others. No one know until they announce.

albeniz      ( Date: 22-Oct-2012 18:09) Posted: Why is there a transaction halt today?

 

Why is there a transaction halt today?

 

After eating up minority shareholder of Brothers, highly likely they will be eating up the minority shareholders of Koh Bro...Another typical CK Tangs i guess

 

Koh Brothers owns alot of other gems that are not mark to market on their balance sheets