Post Reply
41-60 of 144
Tiongseng look set to rise today...........
TIONGSENG could be the next construction stock to run up following LKH move from $0.50 to $0.57....very undervalued..
10 October
#Tiong Seng: wins a $93m contract to build 97 terrace houses in Serangoon Garden. The project, covering a site area of over 300k sf, will be jointly developed by City Dev and Hong Realty. The project is expected to commence in Dec 12.
With this contract, Tiong Seng’s orderbook now stands at a record $1.5b, the highest amongst the listed contractors, to be fulfilled over the next 12-30 mths.
Last wk, Tiong Seng was featured in an article by Next Insight, which highlighted Tiong Seng, a versatile contractor, as one of the beneficiaries of the $18b Thomson MRT Line project.
The stock trades at just 6.3x P/E.
Both DBSV and Maybank KimEng have Buy ratings with TP $0.25 and $0.33, respectively.
yongnam revenue has been drop almost half though their profit margin remain high of more than 10%
But this tiong seng have been increasing the revenue almost double,and its book value is much lower than yongam
0.8567 tiong seng vs yongnam alomst 1
SWITCH TO YONGNAM TO GAIN EXPOSURE TO THOMSON LINE STAGGERING 18 BILLION CONTRACT VALUE.
| 0.230 | 48 | 2,122 | 667 | 0 | 1,455 |
| 0.235 | 47 | 1,289 | 1,088 | 0 | 201 |
| 0.240 | 1 | 36 | 0 | 0 | 36 |
What he mean was at 0.235 sold down at 1088 lots
but u see there is 1455 lots buy up .those ppl juz want to take profit.this stick is way undervalue,those who invested it will know when good times come.
omg 10 million?? at what price>
lol...... almost wanted to wack in the morning ..... but someone queue 10 million to sell....... knn....
dicksonh ( Date: 05-Oct-2012 09:30) Posted:
|
Chiong more !!!!!!!!! up up up!!
High dividend for it's price and quite undervalued imho :)
Congrats to TIONGSENG today....FLYING up $0.235 + $0.02
TIONGSENG HOLDINGS: RECORD $1.4 BILLION ORDERBOOK, HIGHEST AMONG LISTED CONTRACTORS.
PART ONE
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E7313AD15A4FD9A048257A8D002F7915/$file/TiongSengNextInsightOct12a.pdf?openelement
PART TWO
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E7313AD15A4FD9A048257A8D002F7915/$file/TiongSengNextInsighOct12b.pdf?openelement
TIONGSENG HOLDINGS: RECORD $1.4 BILLION ORDERBOOK, HIGHEST AMONG LISTED CONTRACTORS.
A good stock with good dividen yield, serious management.
A stock worth waiting for...................BB to uncover!
Chiong ARH tiongseng $0.225
Tiong Seng
Tiong Seng: Co has been awarded a contract from NTUC for the construction of a 16 storey warehouse development. This comprises a warehouse with a retrieval system, office and bus interchange. As of last reported results, co has order book of approx $1.3b of construction and civil engrg projects over the nxt 12 to 30 mths. Co trades at 5.6x P/E currently.
SINGAPORE – 10 May 2012 – Mainboard‐ listed construction group and property developer, Tiong Seng Holdings Limited (長 成 控 股 ) (" Tiong Seng" , together with its subsidiaries, " the Group" ), today reported a 134% surge in net profit attributable to equity holders to S$5.0 million for the first quarter ended 31 March 2012 (" 1Q2012" ), boosted by higher revenue contribution from construction contracts. ‐ on‐ year to S$103.0 million, despite subdued performance from property development segment in the PRC and sales of its Cobiax green technology products.
During the period, the Group’s construction contracts grew by 81%, contributing towards a 67% jump in overall revenue year