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any news? the stock cheong so fast?
chionging!
lose steam...
anyone has any comment on this stock? trading around 50% below NAV ..
Dividend so low..perhaps lower than interest rate and earning and profit not good.......a lot of other stocks has better NAV and profit and dividends.....
Should just privatise this babe.....come on $1.50 cheap cheap....
High nav with low profit.... this type of company with PE over 30.... invest only to wait for far east to privatize !!
Trading at less than 50% of its NAV....way undervalued hotel/property play....
Hotel industry shld do well this year...hope this can be another Furama...
Business Times - 02 Feb 2010
Update: Late Ng Teng Fong had cerebral haemorrhage, underwent operation
SINGAPORE - Property tycoon Ng Teng Fong, who passed away peacefully on Tuesday morning, had suffered a cerebral haemorrhage on Saturday, Jan 23.
'He was taken to hospital where he underwent an operation,' a statement from Far East Organization said. Mr Ng was 82.
The wake will be held from this evening, Feb 2, at Mr Ng's Mansion at 2 Watten Estate. A nightly service will be held at 8pm. The funeral will be held on Saturday, Feb 6.
'The Ng family would like to express their heartfelt gratitude to friends and business associates for their condolences and concern,' the statement said.
Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.
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Although Ng Teng Fong is the richest man in Singapore, all these years his listed companies never do well. Why ??
S$0.99 
Singapore cannot live without Orchard Road.. so, think twice la.. won't die one la..
Now sunk already ! I pronounce, this is now drown and funeral is to be conducted this few days !!! Ha ! Ha !
This one cannot swim, still floating is consider lucky already !
Thu Aug 23, 2007 9:01AM BST
SINGAPORE (Reuters) - A building boom in Singapore has helped turn property tycoon Ng Teng Fong into the city-state's richest man, Forbes Asia said on Thursday.
Ng, who controls Far East Organization in Singapore and Sino Land in Hong Kong, overtook the family of late hotelier Khoo Teck Puat.
His hotel and mall holdings in Singapore and Hong Kong boosted his wealth to $6.7 billion from $4.9 billion last year, the magazine said.
Ng, 79, has son Robert oversee the family's Hong Kong interests while another son, Philip, manages Singapore operations. He came 118 in Forbes' most recent list of the world's billionaires.
why this Orchard has been dropping so fast !! from 2.92 to today ~1.72, almost close to 50% correction , cccccccc chow
Seems that the party is still going on. Hope to see it crosses $3 2morrow.
ha..ha...ha... today high 2.92.
I think base on the property market of Golden pile of lands in Shenten way and Orchard rd, the re-evaluation of the land it sit on, the price should be above S$3. The chances for it to go above it is very lightly. Can anyone comment ? Thks and good luck.
