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Brothers and friends Tiongwoon and OKP have recovered and reached their highs, CES is next in line. Watch your front.
Hong Kong will be announcing its GDP at 4.30pm today. Expect the market to "Cheong" some more. Chip Eng Eng's 4 cents EPS this half is excllent as compared with ParkWay's 2.63 cents. In line with TiongWoon, CES should test the 60 cents soon.
from 1.10 to 0.23 is really a huge drop for construction stocks... I see the support point at 0.17
This counter is ON THE WAY DOWN to 20cents.....soon
This counter have been closely monitor by MOM for their bad accident rate. Beware.
Report from Westcomb.
Clinched $123.5m, accounting for 60% of our estimated contract wins for '08, contract from HDB. Contract win brings order books to $755m as at Jun 08. Existing order books are expected to be recognised over the next two to three years. Gross margins for public projects are likely to remain stable at around 5%, as increase in raw material prices will be protected by fluctuation clauses. We estimate that public projects account for about 60% of the Group’s existing order books.
Maintain BUY recommendation with price target of $0.67.
stood out quite prominently among the reds today...a grEEn
did you see the article in ST this am. They said that construction is slowing down. Despite that the companies said that they are still very stretched at this moment and they are surprised to see such data.
Expect construction industry still continue to grow expecially, all the major upgrading going on in Singapore. Even the recent Jurong East blue print also indicate various construction opportunity...
Construction counters can still perform
It is time to pick this cherry stock. It is now trading at 40% from the peak. Analysts reckon 30% upside for construction soon.
I am waiting to collect too. It gives good divd. God bless.
yeah let hope for it to drop back to 26cts.
I'm hopping to collect again too! =)
I'm hopping to collect again too! =)
haha broke thru 30 cens resistance. i am waiting for major healthy correction to buy ack the stock again, at 26 cens...thereabot.
Hope it drops.
chipchip66
Senior
yep i am invested. i m unsure if i want to hold on to the stock or unload. it seems like a good stock to hold on for long term, maybe 4-5 yrs.
Hi terencefok, good for you that you made kopi$$$. I am glad for you! I think CES can still go up so more, so if can keep it abit longer. Cheerz!
Hi chipchip66
Tks for your comment. Vested 20 lots at $0.23 and 38 lots at $0.22, but sold off 38 lots at $0.27
heart pain, cos still went up further, anyway, hope u have a chance to buy in the coming week.
hi robinpang, tks for yr compliments! Are u vested in CES? Unfortunately i am not vested yet. Looking at how it performed today, i believe it can still go further by the vol created the past 2 weeks. Maybe I will accumulate it when there is a weakness in the market.Cheerz!
the property sector is still heating up.
looks like this stock is on the way up for quite awhile?
anyone wanna have a guess at its peak in the short term? resistance at 30-31cents?
"This is one of the last few property counters that hav not really moved. Ho Bee has gone up quite a fair bit so now CES should follow suit. "
Good post!