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A bit frustreated with this stock.....so many property stocks fly except this one.......
:( I had quite some lots in this stock.....
Phillip called for strong buy, TP 0.76, possible disposal of hotels to unlock value.
http://www.remisiers.org/cms_images/research/Dec17-Dec21_2012/StamfordLand20120525PSBuy.pdf
No looking back from here, all the way.
Don't forget we were given other stocks besides Stamford, Cougars and Singapore Shipping. All these give very decent or rather very good dividends
angmohlin ( Date: 07-Jul-2012 17:21) Posted:
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CK OW would always want to sell the hotels but at the price he wants becuase he built up these biz from zero.
Wait for it to sell the hotels and it will be worth more than $1
depend on your entry price. If you longed at 53-55 cents then the dividend yield is good. I bought it long ago since the name of counter from Hai Sun Hup changed to Stamford Land Corp.
I have been keeping this stock and collecting goo dividend for a long long time. It is stable and can only move upwards
jamesng ( Date: 06-Jul-2012 23:46) Posted:
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A bit too long.......should be soon....
This one sooner or later will go above $1....mean while, just collect the dividend........hope sale of hotels and/or office tower come soon....
And they can embark on redevelopment of hotel sites soon....
Once break 0.575 then next target is 0.62. In box range 0.53 to 0.575 for eight months.