Roxy-Pacific   

ROXY

another piece land brought....two in this month.......click for writeup 

 

after runing almost parallel the bollinger band is now expanding....solid green candle.........DMS DI+..just intersect DI- from the bottom....Bullish......action...ready.......camera.............take.......

 

yoh......look wat the latest........ROXY-PACIFIC: Stock price 28 cts, RNAV 60 cts

Written by Leong Chan Teik

Friday, 18 September 2009

Teo Hong Lim, chairman and CEO, Roxy-Pacific. Photo by Leong Chan Teik WITH MANY PROPERTY plays having had a sizzling run up in stock price, it would be interesting to seek out those which have not – and dig out their salient features. One of these is Roxy-Pacific Holdings, a boutique property developer and a hotel owner which recently received ‘buy’ ratings from SIAS Research and Westcomb Securities. Their target prices are 37 cents and 39 cents, respectively - far higher than the 28 cents that the stock recently traded at. Click here for our interview with the chairman and executive director.

 

Yupz, think fundamental this company is sound and looking good.

Its hotel just got approval to renovate, which I think shld be as well to boost its AOR and ARR (hopefully).

Anyone can spare me some information on the factors which affects AOR (Average Occupancy Rate) and ARR (Average Room Rate)?

paul1688      ( Date: 16-Sep-2009 09:54) Posted: My guess (and it's just a guess) is it is either retail investors looking for quick hits that got in, than decide to get out (vicious cycle effect), or it is people that got in months ago that slowly sell out thinking they can switch their funds to something that moves higher faster.  Anyway more own experience is fundamentals are sound and peer comparison is logical, when it eventually moves, it moves in big step change.  We shall see.  Good luck to holders.

 

My guess (and it's just a guess) is it is either retail investors looking for quick hits that got in, than decide to get out (vicious cycle effect), or it is people that got in months ago that slowly sell out thinking they can switch their funds to something that moves higher faster.  Anyway more own experience is fundamentals are sound and peer comparison is logical, when it eventually moves, it moves in big step change.  We shall see.  Good luck to holders.

 

just wondering who is quenuing up to sell the counter? seems like selling pressure and people are selling it now.. @ 0.275~0.285

 

well done comparsion......this one got good potential ........most of the ppl still holding tight tight...since IPO....may see alittle pressure when moving...if go up to fast..as those holding will dump.....so ....have to be patient..loh........my veiw only......

tanzq83      ( Date: 10-Sep-2009 10:56) Posted: Im looking to compare it with a counter like Fragrance Group (NAV 0.18, trading at 0.64), LC Development (NAV 0.25, trading at 0.22) and Sing Holdings (NAV 0.34, trading at 0.36).  If this counter (NAV 0.53, trading at 0.29, market cap: 187.8) is analysed based on its RNAV of 0.53, then we may be comparing it with Heeton Holdings (NAV 0.76, trading at 0.44, market cap: 98.5m). Therefore the trading range for this counter relative to its peers is around: vs NAV: 0.22 ~ 0.64 (roxy: 0.19), 0.36~0.44 (roxy: RNAV: 0.53) vs Market Cap: 0.36 ~ 0.44 (exclude LC Development @ 0.22) Possible trading range: 0.36~0.44. Currently trading at 55% of its RNAV. Company expects to realise more cash in FY2009 and remain profitable with the favourable property climate in Singapore. I also note that Roxy has a higher market cap and properties than Sing Holdings, therefore given the current properties/asset valuations, Roxy NAV will be more affected than Sing Holdings due to more exposures.  Also expect to benefit from the influx of tourists in Singapore during 3Q09 (F1 and other events). For information only, not call. paul1688      ( Date: 07-Sep-2009 13:02) Posted: Been observing this one.  A comparable peer is Sing Holdings which has took off by some 20+ % in the past few weeks and Roxy is still range bound despite key shareholder open market accumulation.  Think this one did not catch the eye of the general investment community.  Simple analysis (as pointed out by a forumer) suggests it is currently way undervalued.  SIAS Research gives a near term TP of 37 cents, Westcomb gives TP of 39 cents. Enticing. Disclaimer : Not advocating anyone buy blindly.

 

Im looking to compare it with a counter like Fragrance Group (NAV 0.18, trading at 0.64), LC Development (NAV 0.25, trading at 0.22) and Sing Holdings (NAV 0.34, trading at 0.36). 

If this counter (NAV 0.53, trading at 0.29, market cap: 187.8) is analysed based on its RNAV of 0.53, then we may be comparing it with Heeton Holdings (NAV 0.76, trading at 0.44, market cap: 98.5m). Therefore the trading range for this counter relative to its peers is around:

vs NAV: 0.22 ~ 0.64 (roxy: 0.19), 0.36~0.44 (roxy: RNAV: 0.53)

vs Market Cap: 0.36 ~ 0.44 (exclude LC Development @ 0.22)

Possible trading range: 0.36~0.44.

Currently trading at 55% of its RNAV.

Company expects to realise more cash in FY2009 and remain profitable with the favourable property climate in Singapore.

I also note that Roxy has a higher market cap and properties than Sing Holdings, therefore given the current properties/asset valuations, Roxy NAV will be more affected than Sing Holdings due to more exposures. 

Also expect to benefit from the influx of tourists in Singapore during 3Q09 (F1 and other events).

For information only, not call.

paul1688      ( Date: 07-Sep-2009 13:02) Posted: Been observing this one.  A comparable peer is Sing Holdings which has took off by some 20+ % in the past few weeks and Roxy is still range bound despite key shareholder open market accumulation.  Think this one did not catch the eye of the general investment community.  Simple analysis (as pointed out by a forumer) suggests it is currently way undervalued.  SIAS Research gives a near term TP of 37 cents, Westcomb gives TP of 39 cents. Enticing. Disclaimer : Not advocating anyone buy blindly.

 

Any TA/FA experts analysis/comments on this counter? Looks like supporting at 0.285~0.295 region.

Correction or bearish? Overbought situation (in RSI) appears to be undergoing correction. ADX and Momentum showing slightly bearish signs. MACD showing neutral with slightly more positive tone.

Volume indicates a lot of people still holding onto the counter.

For comments.

 

as accordly to the TA sifu it all in the graph...reflected and compensated.......that mine understanding loh......still learning hor.....

cheongwee      ( Date: 09-Sep-2009 19:53) Posted: sorry, to ask one question?...if the vol is low, can that effect the accuracy of your TA?? if it is, then what vol then it is accurate???...pls share.

 

sorry, to ask one question?...if the vol is low, can that effect the accuracy of your TA??

if it is, then what vol then it is accurate???...pls share.

 

share share hor....bollinger band at it narrow pt  upper band at 30cts....lower band at 27cts.....since 28 aug.....parallel.....MA crossover the lower cross the upper singal bullish since also 28 aug........it seem that it is getting ready for a expansion for the bollinger band singalling ..bullish.......they is definatelly more interest in this share from the vol over the past few days.......may run up in the next few days,,,as i have post earlier saying this under value  property stock as compare to its peers in the market......Huat ah,,,,,lai  lai  lelong ah...lelong ah.....lai ah  lai ah  lelong ah.....heee....

mortal_azazel      ( Date: 09-Sep-2009 17:22) Posted: Any TA on this baby?  Please kindly share share

 

Any TA on this baby?  Please kindly share share

 

more people come  in to play  tis counter.

 

buying another piece of land for residential project.........click,click

 

Goood Goood......last trade more than 1 million share was on 070809.....exactly 1mth ago......emm more showing interest liao......movin average cross over also shows a positive sign.....bollinger band now has converge to the lowest it can go......WAITING FOR EXPANSION..........up up up and away.........any TA sifu...in this counter care to share share...hehehe....still learning.....

 

Make it liquid then push it up with left, right, left, right and so on trading style as simple as that!!!

trueview      ( Date: 28-May-2009 11:44) Posted: hotel cum property stock.is cheap compare to others already running up.keep an eye on it .the management dnt know how to increase the value of share holder...

 

brought all i wanted liao....hehehe....watch the show........get pop corn...ompsss...lau hong one leh....left over from last week....emm...seem like ppl slowly accumulating also........BB not here yet...haha..just found out wat RNAV mean...Revalued net asset value.....the nav of app..19cts for this share.....does not include the value of their hotel.....grand mercure opposite ...parkway parade.....includsive of that...wu la la.....nav......is 54cts......lelong ah  lelong ah....lai  ...ah.....lai ...ah........cx first before jumping in...hor.

 

this one also got hotel leh.....economy pick up ....IR......all in all this one shld be very promising...if not they will not slowly buy back...since IPO....alot of other compy SSH......once IPO...slowly...sell off ..their share......just give it it due time.....coz...their IPO no timing lah.....if not could have been ........hi......snz......its time will come.....its time will come.....

 

Been observing this one.  A comparable peer is Sing Holdings which has took off by some 20+ % in the past few weeks and Roxy is still range bound despite key shareholder open market accumulation.  Think this one did not catch the eye of the general investment community.  Simple analysis (as pointed out by a forumer) suggests it is currently way undervalued.  SIAS Research gives a near term TP of 37 cents, Westcomb gives TP of 39 cents. Enticing.

Disclaimer : Not advocating anyone buy blindly.