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Does anyone know why this counter is going further and further down? Eventhough the market is going up??
perhaps they buy more before issuing of dividend
as it is good to get dividends which is exempted from income tax.
beginners ( Date: 27-Aug-2013 01:06) Posted:
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Haha you mean both buy/sell are the two Koh & Koh play?
The two brothers doing dollar cost averaging in their own company shares.
Straight forward strategy
* dividend yield is low
Minor shareholders who are looking for better dividend yield is better off investing in REITs.
* The only time where minor shareholders are rewards appears to be during bonus issue and have to wait for the share price
to appreciate slowly.
* The major shareholders , get multi million p.a as dividends , which is exempted from personal income tax
http://www.iras.gov.sg/irashome/page04.aspx?id=146#Dividends_that_are_not_taxable
* The major shareholder unlikely to take this company private the company has over 1 bn debt due to financing in investment assets.
Nearly everday he buys Fragrance,GPH..his bro Koh Wee Meng also buy Aspial..Roxy Pacific in which one of them has substantial stakes..proposing bonus issue..same style as Fragrance,latter has so many shares than Keppel Corp & Capitalland land combined..how to move up..the 2 bros are buying until they own the whole capital..see Maxicash listed in 2012..now 3rd time bonus issue-funny I thought < 50cts cannot proposed bonus issue and yet the 2 earlier bonus issue for Maxi-cash went thru-this ruling applied to Aspial last year when SGX turned down its proposed bonus issue base on its < 50cts policy
Hi bro you vested a lot. Now Just park and collect DVD since you already vested. This counter is a one man show by koh. i didnt monitor this counter since last my post. So far I park my $ on some other stocks which already got small profits. Good luck bro.
starlene ( Date: 16-Aug-2013 14:30) Posted:
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ro..go with the flow..the last round of bonus for Fragarance..I bought..1:1 ex 14/9/12 and 1:1 ex 28/6/11..1:1 ex 4/11/10..I hve stop playing already..cannot move..only the director buying himself..see my previous trade
6 FRAGRANCE GROUP LIMITED
Buy 27/06/12 09:32am 27/06/12 09:37am 99,000 0.485 SGD48,015.000 -
Sell 29/08/12 11:03am 29/08/12 11:17am 99,000 0.550 SGD54,450.000 SGD6,435.000
Transaction summary 99,000 0.550 SGD54,450.000 SGD6,435.000
7 FRAGRANCE GROUP LIMITED
Buy 12/06/12 09:38am 12/06/12 09:49am 92,000 0.475 SGD43,700.000 -
Sell 25/06/12 02:12pm 25/06/12 02:22pm 92,000 0.485 SGD44,620.000 SGD920.000
Transaction summary 92,000 0.485 SGD44,620.000 SGD920.000
8 FRAGRANCE GROUP LIMITED
Buy 08/06/12 02:46pm 08/06/12 05:08pm 7,000 0.455 SGD3,185.000 -
Sell 25/06/12 02:12pm 25/06/12 02:22pm 7,000 0.485 SGD3,395.000 SGD210.000
Transaction summary 7,000 0.485 SGD3,395.000 SGD210.000
9 FRAGRANCE GROUP LIMITED
Buy 15/05/12 01:55pm 15/05/12 02:44pm 7,000 0.455 SGD3,185.000 -
Sell 01/06/12 03:19pm 01/06/12 03:39pm 7,000 0.460 SGD3,220.000 SGD35.000
Transaction summary 7,000 0.460 SGD3,220.000 SGD35.000
6 FRAGRANCE GROUP LIMITED
Buy 27/06/12 09:32am 27/06/12 09:37am 99,000 0.485 SGD48,015.000 -
Sell 29/08/12 11:03am 29/08/12 11:17am 99,000 0.550 SGD54,450.000 SGD6,435.000
Transaction summary 99,000 0.550 SGD54,450.000 SGD6,435.000
7 FRAGRANCE GROUP LIMITED
Buy 12/06/12 09:38am 12/06/12 09:49am 92,000 0.475 SGD43,700.000 -
Sell 25/06/12 02:12pm 25/06/12 02:22pm 92,000 0.485 SGD44,620.000 SGD920.000
Transaction summary 92,000 0.485 SGD44,620.000 SGD920.000
8 FRAGRANCE GROUP LIMITED
Buy 08/06/12 02:46pm 08/06/12 05:08pm 7,000 0.455 SGD3,185.000 -
Sell 25/06/12 02:12pm 25/06/12 02:22pm 7,000 0.485 SGD3,395.000 SGD210.000
Transaction summary 7,000 0.485 SGD3,395.000 SGD210.000
9 FRAGRANCE GROUP LIMITED
Buy 15/05/12 01:55pm 15/05/12 02:44pm 7,000 0.455 SGD3,185.000 -
Sell 01/06/12 03:19pm 01/06/12 03:39pm 7,000 0.460 SGD3,220.000 SGD35.000
Transaction summary 7,000 0.460 SGD3,220.000 SGD35.000
beginners ( Date: 06-Jul-2013 10:59) Posted:
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investment is a personal choice. What works for you may not works for others.
Its worth the wait if you treat it like partnering Mr Koh as a business.
orangejuice01 ( Date: 05-Jul-2013 10:59) Posted:
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The venerable engineering company could be next to launch a property trust, following the likes of Singapore Press Holdings and Overseas Union Enterprise. Chairman and CEO Wong Fong Fui explains why he will succeed in our Cover Story. PLUS: Sizing up SPH REIT and OUE Hospitality Trust. Get your copy of The Edge Singapore today
Boustead is doing it, SPH has done it, so can Fragrance Group.
Forget about this paper dragon! I park my $ on other counter Liao. It will only 0.23,0.235,0.24,0.235....& so on.... Trade volume also not much. Except when Koh comes in and buy. If goes below 0.2 to 0.15 will consider again.
got out of Fragrance to cut it loose...as there are many counters / opportunities better reward/risk in this corrective circle. Wait long long is different from Dream long long.
infoshare ( Date: 29-Jun-2013 18:53) Posted:
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Thanks bro, think will be like that for another few months. Maybe will park my $ to other counter. See how it goes.:)
starlene ( Date: 30-Jun-2013 11:56) Posted:
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agree, can wait as market turmoil probably surfacing again , ahead of the US Fed mtg during end of July
Can wait no need to rush in and buy Fragrance..see related cos like Aspial,...this apply to Fragrance too
Mr Koh Wee Seng bought 24/6 400lots at 40cts,25/6 500lots at 40cts and 26/6 500lots at 40cts..his holding is 248.8mil shares,yet the price of Aspial dropped to 39cts but it should recover to 40cts
bro. this is really investment counter not so much for flipping. just like most of mr koh's companies.
if u re looking for a quick buck most prob have to wait long long in this counter
beginners ( Date: 29-Jun-2013 19:31) Posted:
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I am afraid this is just a paper dragon instead of a sleeping dragon. I am indecisive whether to enter at 0.23. It has been down trend for months since I started to observe from 0.26.
15.8% is about 1060.654m shares , consider 0.24 per shares, about 254million SGD worth of shares in public hands ?
trading can ramp up if Fragrance can pool all its commercial properties together , including PSA building, Keypoint, etc and launched an REIT IPO.
Doing REIT allow it to further position for expansion as it can prepare it funds
and take opportunity of the next correction to acquire commercial properties at good price. , perhaps in 2015 ?
If Ben Bernanke is not staying another term or could he stay another term , starting Jan 2014 ? New Fed Chief may start winding down QE and what may happen to the global markets, is everyone guess.
Raise capital now from the shareholders as it is low cost funding and risk sharing without losing controlling stakes.
Oic, that means only 15.8% left for the public to play. Will such stock goes into thin trade?
From " the edge singapore magazine"
Written by Gwyneth Yeo
Monday, 20 May 2013 13:31
Billionaire Koh Wee Meng raises stakeholdings in Fragrance Group and Global Premium Hotels
Koh Wee Meng, founder and chairman of property developer Fragrance Group, has been building up his direct stakes in his property and hotel businesses. On May 13, Koh acquired three million shares of Fragrance for 25 cents each. That purchase raises his final direct shareholding to 4.9 billion shares, or 73.3% of the company. Together with his wife Lim Wan Looi, he owns 84.2% of Fragrance.