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Are u blinded by greed..the $1 was suggested by oldflying folk not me...spoiling for a fight is it???
vincente ( Date: 02-Jul-2013 12:13) Posted:
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beware, dont get get trap. today looks a banker distribution to me.
jamesng ( Date: 02-Jul-2013 16:06) Posted:
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Rowsley's property get hot because of this???
wanglausern ( Date: 30-Jun-2013 16:43) Posted:
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$1! 发 啊 ！
The $1 projection for this counter is base on what analysis?Is it based on technical analysis,fundamental analysis or yr hope analysis??When is it going to hit $1?
If you cant quantify,pls stop misleading pple just bcos you are stucked/vested.
starlene ( Date: 28-Jun-2013 20:03) Posted:
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Two king is back
Good to see Rowsley to hold even higher 42cts above my cut loss price of 40cts,in fact Rowsley has stayed > 40cts since Mar 2013 except for occasional dip < 40cts but obly to see it came up> 40cts again
starlene ( Date: 01-Jul-2013 11:21) Posted:
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Edge magazine30/6..Prices have been entrenched within a trading range for the past three months.ADX is at a low level and flat,indicating the likelihood of an uptrend is low.Support has been established at 42cents.Quarterly momentum appears to be bottoming at its equilibrium line.In themeantime,the rising 50-day moving average is drawing together with the rising 100-day moving average,and this often implies a breakout on the upside.That may materalise in a couple of weeks.An eventual breakout above resistance 48cts would indicate a target of 60 cents.
Personal opinion Rowsley stays > 40cts I think still ok
Singaporeans got conned by Malaysian condo developer again.
A group of Singaporeans who bought units in a Johor Baru condominium have faced repeated construction delays, changes to the plans and confusing information about when the complex will be ready.
The developer says some of the delays stem from labour shortages and problems sourcing materials. It also says some buyers did not fully understand the terms of the contract.
Investors have asked about the completion date five times for the 602-unit KSL D'Esplanade Residence, only to be told it has been put back.
One told The Straits Times that when he bought his RM750,000 (S$298,800) unit two years ago, the developer told him that the project was already 80 per cent complete.
But in April this year, buyers were told that the development - it sits on top of KSL City Mall as part of a mixed-use development with a hotel - was still only 80 per cent complete and expected to be ready in July.
KSL Holdings, a Malaysian company listed on the Kuala Lumpur Stock Exchange, is still marketing the condominium, and the average price is RM950 per sq ft. Unit sizes range from 1,267 sq ft to 2,023 sq ft.
A spokesman for developer KSL Holdings told The Straits Times that the 80 per cent completion rate cited in 2011 referred to the lower floors and that " every floor has a different completion date" .
She noted that just like in Singapore, projects are given a five-year grace period for completion.
" But projects first get three years unless you apply for an extension, which we did not plan for. If we had applied for the extension to five years, this year would have been the fifth year, and we'd be in time to complete the project."
The firm said the sales and purchase agreement begins only on the date of purchase, not the day which construction started. That means every buyer's three-year duration started at a different date. It also means if the project is completed within three years of the sales and purchase agreement, there is little disgruntled buyers can do.
The KSL spokesman noted that completing the project within three years would have been difficult given manpower issues over the past two years caused by government curbs on foreign labour. She said that the condo was completed last month, apart from glass installations that were affected by late supplies.
When The Straits Times visited the site earlier this month, workers were installing the last glass panel and said the development is expected to be completed next month.
But delays are not the only issue for the 10 or so Singaporean buyers who came together on an online forum. They claim they are being short-changed as the project now does not fully reflect the plans at time of purchase.
The brochures said the hotel would have amenities including an 18-hole mini-golf course but last October, buyers found out it had been replaced by a water theme park.
A Singaporean buyer who declined to be named said: " I did not buy the unit to stay next to a wonderland."
The KSL spokesman said: " That area is not part of the residential area it belongs to the hotel, and the hotel management has the right to change anything."
The experience has left some fed-up buyers regretting they did not read the fine print more closely. The buyer warned: " Check the surveyor report and the clauses in the contract, and what is named in the brochure before you decide to purchase."
A group of Singaporeans who bought units in a Johor Baru condominium have faced repeated construction delays, changes to the plans and confusing information about when the complex will be ready.
The developer says some of the delays stem from labour shortages and problems sourcing materials. It also says some buyers did not fully understand the terms of the contract.
Investors have asked about the completion date five times for the 602-unit KSL D'Esplanade Residence, only to be told it has been put back.
One told The Straits Times that when he bought his RM750,000 (S$298,800) unit two years ago, the developer told him that the project was already 80 per cent complete.
But in April this year, buyers were told that the development - it sits on top of KSL City Mall as part of a mixed-use development with a hotel - was still only 80 per cent complete and expected to be ready in July.
KSL Holdings, a Malaysian company listed on the Kuala Lumpur Stock Exchange, is still marketing the condominium, and the average price is RM950 per sq ft. Unit sizes range from 1,267 sq ft to 2,023 sq ft.
A spokesman for developer KSL Holdings told The Straits Times that the 80 per cent completion rate cited in 2011 referred to the lower floors and that " every floor has a different completion date" .
She noted that just like in Singapore, projects are given a five-year grace period for completion.
" But projects first get three years unless you apply for an extension, which we did not plan for. If we had applied for the extension to five years, this year would have been the fifth year, and we'd be in time to complete the project."
The firm said the sales and purchase agreement begins only on the date of purchase, not the day which construction started. That means every buyer's three-year duration started at a different date. It also means if the project is completed within three years of the sales and purchase agreement, there is little disgruntled buyers can do.
The KSL spokesman noted that completing the project within three years would have been difficult given manpower issues over the past two years caused by government curbs on foreign labour. She said that the condo was completed last month, apart from glass installations that were affected by late supplies.
When The Straits Times visited the site earlier this month, workers were installing the last glass panel and said the development is expected to be completed next month.
But delays are not the only issue for the 10 or so Singaporean buyers who came together on an online forum. They claim they are being short-changed as the project now does not fully reflect the plans at time of purchase.
The brochures said the hotel would have amenities including an 18-hole mini-golf course but last October, buyers found out it had been replaced by a water theme park.
A Singaporean buyer who declined to be named said: " I did not buy the unit to stay next to a wonderland."
The KSL spokesman said: " That area is not part of the residential area it belongs to the hotel, and the hotel management has the right to change anything."
The experience has left some fed-up buyers regretting they did not read the fine print more closely. The buyer warned: " Check the surveyor report and the clauses in the contract, and what is named in the brochure before you decide to purchase."
The Monetary Authority of Singapore (MAS) has set new home loan rules which discourage lenders from making property loans that result in individual borrowers using more than 60 per cent of their monthly incomes to service debt.
The central bank said in a statement on Friday that the new rules will take effect from Saturday.
http://www.channelnewsasia.com/news/singapore/mas-sets-new-home-loan/727950.html
Tis 2 days all mkts rally n it did not go up seems like something wrong fr tis counter. High chances of breaking 0.40 liao. Bo lat kee liao....just monitor closely n reporting season coming soon also. Gd luck to those vested. Nt in.
What U mean evil heart posting...I am advocating...to buy if itv remains > 40cts as I made many rounds from 15cts to 38cts and it dropped back to 25 cts I bought again...and it went pat 40cts to 48-52 I sold again..I bought back when it dropped to 38cts and wehn it went to 48cts I sold again
As recent as 7 june I sold at 48-49cts and on 14 june i bought back at 43cts...again I sold off at 45cts and now buy back at 42.5cts-43cts, I feel that Peter's Lim stock if the warrants are improved definitely can make..when rowsely was < 10cts and the rights issues price was even lower,many would hve takenup its rights and if held till noe > 400% profits
vincente ( Date: 28-Jun-2013 12:06) Posted:
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If you are in, cut your position if it breaks .42, save your capital.
This one may be the next target,,,37cts is possible,,,,,very quiet also mean very dangerous ,,the only thing who dare to fight will 2king counter
This is what I called an evil heart posting.
DYODD.
starlene ( Date: 28-Jun-2013 11:38) Posted:
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As long as Rowsley stay > 40cts quite safe..see how Thomson Medical before it was taken over hovered around 55cts..Peter Lim too over shot past $1..just be patient..Rowsley after the approval by shareholders the 2 warrants for every 1 existibng shares may cross $1
no hope liao,like that price how to go up,look like shortist built wall behing,,,,i let go already at 0.43cts,435cts must run very fast otherwise wall king dump again,no more two king effect liao,
Was told in the AGM that the last step will be share holders voting in the EGM around this coming Aug.
ytoh1688 ( Date: 26-Jun-2013 14:31) Posted:
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Now facing the Great Wall of China at 0.440 6 million sell queue... Haiz... Game over I guess. Unless PL comes in and scope them up...
ruready ( Date: 26-Jun-2013 14:35) Posted:
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Latest news was beginning of the mth where For FYMar13, Rowsley continued to generate minimal revenue (mainly dividend income), and posted wider net losses of $5.9m - mainly due to $3m impairment on financial assets and $1.1m loss from an associate. The group ended the year with cash of $15.1m. At a burn rate (i.e. negative operating cash flow) of $3.2m, the group may continue to operate as a going concern for another 4.7 years. This leaves sufficient time for Rowsley to work towards the completion of the proposed acquisitions of RSP Artchitects Planners & Engineers and the 9.23ha land in Malaysia’s Iskandar region. Management expects the deal to be completed in 2H13 after regulatory and shareholders’ approval. Rowsley will fund the purchases, worth a combined $545m, by issuing an aggregate 3.6b new shares at $0.15 per share. Subject to the acquisitions being completed, Rowsley is also proposing 2-for-1 bonus warrants with exercise price of $0.18 per share, to be issued to the existing shareholders. The stock with market cap of $430m, trades at 12.1x P/B. However, note that valuations are less meaningful at this point in time, while the group is undergoing a major transformation from a shell company into a large-scale Malaysian property developer.