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Koh brother not much movement at all... very low volume ..
dear all
why is koh bro dropping so much? time to accumulate??
not forgetting their order book worth millions not complete yet!!
Hi investors,
i heard there is a merger talk with LB for the IR projects as the same as their recent property purchase accumulation....also the target price for this stock to hit @$1.50 before year end...
Anyone heard abt it and expert > pls comment of the TA and is the current price @0.62 too high/ok to enter.
Very tempting to go in....may decide before end day.
Thanks...vested Lian Beng (LB)@0.25..good luck.
Merge?? No possible for a moment!!
I guess the Four company will JV again very soon and bid for the big project like IR, or may even merge into one company. Who know? everything is possible!
But one thing for sure, Singapore Property and Contruction will be booming for at least next 2-3 years.
I have posted on KSH yeasterday.
May monitor KSH as it still sleeping and not much movement!
NEWS RELEASE
KOH BROTHERS GROUP, HEETON HOLDINGS, KSH HOLDINGS AND
LIAN BENG GROUP FORMS CONSORTIUM; SUCCESSFULLY AWARDED
PRIME FREEHOLD LINCOLN LODGE SITE AT KHIANG GUAN AVE (OFF NEWTON
ROAD) FOR S$243 MILLION
- Potential for redevelopment into a 36-storey freehold condominium
comprising 120 units of luxurious apartments averaging 1,600 sq ft each
Singapore, June 21, 2007 - Koh Brothers Group Limited (?Koh Brothers Group?),
Heeton Holdings Limited (?Heeton Holdings?), KSH Holdings Limited (?KSH Holdings?)
and Lian Beng Group Ltd (?Lian Beng Group?) have formed a consortium with equal
shares each. Together, they announced that they have been successfully awarded the
prime Lincoln Lodge site at 1/3 Khiang Guan Avenue, off Newton Road, in District 11,
for a total consideration of S$243 million.
KOH BROTHERS GROUP, HEETON HOLDINGS, KSH HOLDINGS AND
LIAN BENG GROUP FORMS CONSORTIUM; SUCCESSFULLY AWARDED
PRIME FREEHOLD LINCOLN LODGE SITE AT KHIANG GUAN AVE (OFF NEWTON
ROAD) FOR S$243 MILLION
- Potential for redevelopment into a 36-storey freehold condominium
comprising 120 units of luxurious apartments averaging 1,600 sq ft each
Singapore, June 21, 2007 - Koh Brothers Group Limited (?Koh Brothers Group?),
Heeton Holdings Limited (?Heeton Holdings?), KSH Holdings Limited (?KSH Holdings?)
and Lian Beng Group Ltd (?Lian Beng Group?) have formed a consortium with equal
shares each. Together, they announced that they have been successfully awarded the
prime Lincoln Lodge site at 1/3 Khiang Guan Avenue, off Newton Road, in District 11,
for a total consideration of S$243 million.
Chances of Sentosa IR very high...............KSH...........also halt...........
Koh Bros being halted for trading, if bad news, all will die ....
what's the chance of winning Sentosa IR?
i think can areadi enter tml. very hot stocks. tml sure cheong.. unless Dow
Watch Out this counter, it broke the base of 0.40 to 0.45 with high volumn today. If it can break the near term resistance of 0.50, it will trend even higher.
Ya. the partnering was long confirmed for the lumos project. base on the AFX extraction.
Compare to heeton, KohBro's was a laggard in market performance. Heeton go 1st , Kohbro follow behind?? Market always surprise??
IR project for KohBro's/Heeton? Not too sure ..have to ask the rest.
Is the partnering of the residential project with Heeton already confirmed? Heeton is riding the waves now !!
Any involvement for IR project for Koh bros?
Finlayson Green gets $2,500 psf record offer: sources.
At such kind of prices for property space which are scarse resources in Singapore. -> How can the pending to be launch -- Lumos residential condominium-- near the heart of Orchard road not be fetching record prices?? Also, property prices will only continue to rise in the near 2-3years or further down the road due to the success of the singapore IR.
In short, how can KohBro's share price not rise??
An all-time high for Singapore office property price could be in the making. Hong Leong Group is said to have received an offer for 1 Finlayson Green for around $2,500 per square foot of net lettable area, according to industry sources. This is higher than the $2,200 psf record price for office property achieved more than a decade ago. Based on the $2,500 psf understood to have been received for 1 Finlayson Green, the 19-storey freehold office block would fetch around $190m. (BT)
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| SINGAPORE (XFN-ASIA) - Koh Brothers Group Ltd was higher on hopes that a prime residential project it and partner Heeton Holdings are jointly developing in the vicinity of the Orchard Road shopping belt would see strong demand just like other projects in the area, dealers said.
The partners yesterday said they will develop the 36-story The Lumos residential condominium in the Leonie Hill area, about five minutes' walk from Orchard Road. The Lumos will consist of 53 apartment units, ranging from one-bedroom to three- and four-bedroom apartments and duplexes. The pricing and launch date for the project has not been determined but demand is expected to be robust, especially since a new price benchmark for high-end homes of 4,000 sgd per square foot was recently set by the Orchard Residences, a project jointly being developed by CapitaLand and Sun Hung Kai Properties. |
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Rise due to announcement that they are partnering Heeton in devdeloping a high end residential project in Grange road area. Launching next month. If the launch is successful and achieve good sales or another record high price, then price will likely go up further. By the way, recent analyst target price for Heeton is around $1.08.
Any comments on this?