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Wah..overtly optimistic!!
yummysukiyaki ( Date: 14-Aug-2013 21:15) Posted:
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This stock can easily hit $1 lah
1H Revenue dropped 6.5% to S$63.6m. 1H Net Loss of S$1.03m vs Last yr Net Profit of $5.1m
But no worry here - as explained on page 9/10 of announcement (see extract below).
" The projects which the Group is working on are expected to return good profitability, however the returns are typically stretched over several years and the current financial period will see increased costs from initial investments without any corresponding revenue increase at this time."
Next target....8.5c
Popiah King Sam Goi and the late Property King Ng Teng Fong were countrymen from the same Fujian Province in China before migrating here.
If these 2 country men join force they can be as big as Capitaland and Kepland in China. To kick start, GSH is developing a 5.3 million sq m land in Fujian Province, named " Longhai-Singapore Marine Eco-City" .
Meaning...got room for up up up!
seanpent ( Date: 14-Aug-2013 16:27) Posted:
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think 79 isn't too far from what the towkays bought ?
Any bros/siss got mkt depth? Can post here?
Today 14/8 top traded stock by volume in the Singapore market GSH Corp Ltd ,a consumer goods distributor that expanded into property development.
GSH shares jumped as much as 9.5 percent after it said Far East Organization Centre Pte Ltd had bought 500 million shares, or a 5.06 percent stake, in the company through Goodview Properties Pte Ltd.
More than 302 million shares were traded, 6.5 times the average full-day volume over the past 30 days.
GSH shares jumped as much as 9.5 percent after it said Far East Organization Centre Pte Ltd had bought 500 million shares, or a 5.06 percent stake, in the company through Goodview Properties Pte Ltd.
More than 302 million shares were traded, 6.5 times the average full-day volume over the past 30 days.
GSH on yoyo....hovering 78/79...79/80...78/79.....was like that when 74/75...73/74...74/75. BB comes in n made the difference.
Want to seek advice from Sifus here, if 79 is a good entry level ? Thanks.
In other thread...mkt depth...81, 82, 83....got more than 15 mil to clr. Once thru...gonna b wow big time!
❤ The stock that ❤ you back.
Target price 0.1😊 ✌
Target price 0.1😊 ✌
One Good Man
Philanthropist, entrepreneur, friend. For all that he is, ?Popiah King? Sam Goi is a traditional Chinese businessman at heart.
finally, it is starting to move because of the new business in property...continue to hold this stock as there will be more upside....
what is next target price ?
I will be very happy if it can do a mini price move. So far disappointing
Let's hope so... If can do a massive price move like rowsley .. Then really time well spend in this counter
GSH.... moving big in china.....a very wise move..... commodity prices drop.....selling prices never drop.... means better margin.... further more ..... funds avg price of gsh is at 73-74....thats the reason why it never break 73......li ke qiang loosen control over bank interest rate is a very big move..... bullish......
Trust me this will be the next megA HIT in 2013。 。 。 。 when its really.....just wack.....
Can it do a rowsley type of price action based on this news??
http://infopub.sgx.com/FileOpen/AcquisitionMOU.ashx?App=Announcement& FileID=248253
The Company together with its subsidiaries (the “Group”) has previously announced its intention to diversify into the Property Development business in the PRC and various announcements have been given recently. In line with this intended diversification into Property Development, the Group has also explored opportunities in other countries in the region, including Malaysia. As a result of these efforts the Group has found a project in Kuala Lumpur, Federal Territories, Malaysia. The project involves a site of approximately 7.1 acres and potentially may be developed for Commercial and/or Residential use.