Latest Forum Topics / BBR Last:0.12 -- | Post Reply |
7 bull years for Construction Stocks
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ninjaturtle
Member |
04-Dec-2007 18:15
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Information can be found on www.bbr.com.sg under SIAS report. Regarding shareholders selling, well they controlled bulk of shares and need to provide liquidity and also out of fear as they are not traders so might as well take some money off the table and still got lots of shares left. Regarding property sales slowing down, yes but that does not mean the price went down! Ggenerally withdrawal of Deferred payment curb speculators but Nassim Hill is even more expensive than before. Also I been eyeing a property and instead of price coming down, it went up instead. Sigh! Good news thought! BBR got the contract for tunneling work worth $189m. Check out at SGX.com. I am very bullish about this counter just like how I am bullish about Lian Beng and Tat Hong. Vested in all 3 counters. |
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jkbk007
Senior |
03-Dec-2007 22:49
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Hi ninjaturtle, I am pretty convinced by your analysis. However I hope that you can be generous enough to share your opinion on my concern below. 1) What is your estimated EPS for the upcoming financial report? Does your calculations include increase in cost due to higher material cost, labour and transportations? 2) There were some selling by substantial shareholder in Sept. What is your opinion on this? 3) "Property sales set for big drop in Q4....Early numbers show Q4 private property deals at $2.9b, nowhere near Q3's $15.6b" The above headline was from Business Times. What is the likely impact on BBR? |
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idesa168
Elite |
28-Nov-2007 21:55
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Yeah, you still have me, since 10.5¢. Money not in use, so just leave it here lah...small small oni. |
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ninjaturtle
Member |
28-Nov-2007 21:44
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yup, i was very upset that it did went down to 8cents as Nassim Hill is almost completed with the sale of all units except for 5 units. Furthermore, BBR is also tendering for a good number of projects and may get them due to the specialised engineering capabilities. But such is the stock market, the trend is your friend. I can only console myself that when BBR eventually hit beyond 30cents, I made a right decision. When BBR do hit 50cents if my calculations of their profits are right in 2008 ie. >$30million, my job will be my hobby. Meanwhile, bite the damn bullet! |
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jackjames
Elite |
28-Nov-2007 21:34
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brother, you still have me... vested at 0.10 with CPF... I don't think it will get lower than 2.5% interest, ha ha.. but i cannot imagine it drop to 0.08, crazy huh.. |
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ninjaturtle
Member |
28-Nov-2007 21:29
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nobody talking about BBR so I presume most who were holding may have sold off at a loss. My average price holding of BBR is currently at 10.5cents after I re-entered to buy. So paper losses. My other counters are doing ok especially Tat Hong but i still believe BBR will give me my greatest yield. Spend a lot of time researching into this counter. All I can say to those holding on that more good news will come up soon for this counter, if you can just wait till end december. |
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jackjames
Elite |
23-Nov-2007 18:53
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all i can say is, buy if you have money ... those who has the stocks, hold. |
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jumbos
Member |
23-Nov-2007 10:33
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What's wrong with those construction stock, like HLH, BBR, Banjoo, even Yongnam and CSC? anyboby can comment since construction is very good in singapore now? |
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yuehai021
Member |
23-Nov-2007 10:20
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lose a lot of money in this counter, but i still believe it, want to buy more now |
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ninjaturtle
Member |
07-Nov-2007 16:39
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BBR is an opportunistic stock. I trade all my stocks except BBR as it is the stock which I have visibility ie. 2 new properties launches coming up. Annoucement either in Nov or Dec regarding the completion of sale of nassim hill and Holland Rd launch in April next year. So, got to be patient with this stock as it will surely shoot past 20cents at least, maybe gunning for 30cents even. For trading, I would recommend Tat Hong, there is liquidity and it is a fundamentally sound stock. |
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alamakmummy
Member |
07-Nov-2007 16:07
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Wow! thanks ideasa168 for yr opinion. I like n hope to see the 60c range, its very comforting, I'll put it to my pillow and have sweet dreams while waiting for it to happen starting fm tonite. As for my family they can do with "eating grass for the moment" haha... |
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idesa168
Elite |
07-Nov-2007 13:21
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Could it be a 10-year cycle syndrome tha in 2009, BBR will reach 60¢ range....I hope so. Vested @10.5¢. |
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idesa168
Elite |
07-Nov-2007 13:17
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mazimaz10, what makes you think acc at 10.5¢. I have been observing this fellow for 2 weeks already and everyday, the selling is by thousands, and not much buying up. This makes me think is this consolidation or distribution? If it's the latter, then it's bad.....alamakmummy, if you had taken position at 18¢ which was actually near to the recent high of 19¢, I guess you just have to hold thru and pray that they annouce good news soon. Then when it goes up to 14-15¢, you can consider cut loss - provided you do not need the $$ for daily marketing now. I had look thru the 15 years historical price and they tend to have a habit / or coincidence of surging in Jan and Feb every year, apart from 2003 and 2004 which were bad year. For those who do not know about BBR in the past, they reached 65¢ in 1999 during the last construction boom before going down to 1¢ in 2003. I think many had died then. Now the current construction boom, I think 20¢ we are asking is not demanding at all. This is just my view. |
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alamakmummy
Member |
07-Nov-2007 13:13
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Tks for adv reisspoh, its my one of those "today mkt no good tomorrow will be better " mentallity lor... Guess no choice will keep it till it warms up |
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reisspoh
Member |
07-Nov-2007 12:58
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sorry ... decimal point error. i meant should have cut at 0.17, now hold and if drop below 0.09, sighzzz .... all the best |
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reisspoh
Member |
07-Nov-2007 12:56
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aiyoh .... you should have cut at 1.70 now looks like gona ding-dong for awhile more ... u can hold (since already hold so long) .. but better cut it if drop below 90c juz my 2c worth =) |
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alamakmummy
Member |
07-Nov-2007 12:30
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Hello everbody, tis my first time posting on forum, pls excuse bear with me . Went in BBR at 0,185 somewhere in July 07, till now still bleeding, cud anyone adv if I shd sell to cut loss, counter not moving ....falldown pain!! pain!! |
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mazimaz10
Senior |
07-Nov-2007 10:42
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Seems acc at 10.5c.................... |
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idesa168
Elite |
06-Nov-2007 16:38
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This fellow very good. You dun move I dun move. You move, I also dun move...lol! |
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ninjaturtle
Member |
30-Oct-2007 21:10
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alternatively, check out BBR website. |
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