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Soilbuild   

SOILBUILD GROUP HOLDINGS LTD

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susan66
    28-Mar-2010 15:02  
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very nice chart pattern, just vested $1.35 on breakout & start to surge! Keep the boat rolling.
 
 
chinton86
    28-Mar-2010 14:29  
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The current price is above the TP liao.
 
 
chinton86
    26-Mar-2010 15:42  
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The boat is rolling!
 

 
chinton86
    10-Feb-2010 17:09  
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6 cents dividend plus 1-1 share split
 
 
chinton86
    04-Feb-2010 12:08  
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Today in top rise!
 
 
des_khor
    15-Jan-2010 15:35  
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Got somebody keep buy at $1...

Still cheap cheap cheap cheap cheap cheap ......
 

 
des_khor
    14-Jan-2010 16:28  
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Still cheap cheap cheap cheap cheap......
 
 
des_khor
    08-Jan-2010 20:30  
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Still cheap cheap cheap cheap....
 
 
des_khor
    08-Jan-2010 11:20  
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Still cheap cheap cheap...........
 
 
des_khor
    06-Jan-2010 10:34  
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Still cheap cheap...
 

 
des_khor
    05-Jan-2010 16:27  
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Don't know which idiot keep selling at 0.925?? I keep buying until no bullets liao...385 lots so far...
 
 
des_khor
    30-Dec-2009 23:01  
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Btw MDM CW MIA ah ??

Bon3260      ( Date: 30-Dec-2009 22:50) Posted:

Ur trading style like Cheong Wee eh... Me too oso noticed Sinomen v quiet nowaday... Usually Epure Int moves, Sinomen'll follow... ('',)

des_khor      ( Date: 30-Dec-2009 22:42) Posted:

Still aroud la.. just a bit regretted sold too early...now I shifted ti sinemen liao...this baby been quite for too long liao.



 
 
des_khor
    30-Dec-2009 22:54  
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Highly possible tmr will move as we can see a lot of the brothers already in action... like YingLi, China XLX,AusGroup,Falcon,Sinotel,Guocoleisure.....

Bon3260      ( Date: 30-Dec-2009 22:50) Posted:

Ur trading style like Cheong Wee eh... Me too oso noticed Sinomen v quiet nowaday... Usually Epure Int moves, Sinomen'll follow... ('',)

des_khor      ( Date: 30-Dec-2009 22:42) Posted:

Still aroud la.. just a bit regretted sold too early...now I shifted ti sinemen liao...this baby been quite for too long liao.



 
 
Bon3260
    30-Dec-2009 22:50  
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Ur trading style like Cheong Wee eh... Me too oso noticed Sinomen v quiet nowaday... Usually Epure Int moves, Sinomen'll follow... ('',)

des_khor      ( Date: 30-Dec-2009 22:42) Posted:

Still aroud la.. just a bit regretted sold too early...now I shifted ti sinemen liao...this baby been quite for too long liao.



Bon3260      ( Date: 30-Dec-2009 22:37) Posted:

Des_khor,

Where hv u been today? How cm din c u in GuocoLeisure? Sold liao juz left like dat huh?!



 
 
des_khor
    30-Dec-2009 22:42  
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Still aroud la.. just a bit regretted sold too early...now I shifted ti sinemen liao...this baby been quite for too long liao.



Bon3260      ( Date: 30-Dec-2009 22:37) Posted:

Des_khor,

Where hv u been today? How cm din c u in GuocoLeisure? Sold liao juz left like dat huh?!



des_khor      ( Date: 30-Dec-2009 22:30) Posted:

Soilbuild Group Holdings Ltd: Business space in the limelight in 2010

Summary:
Going into 2010, we expect activities in the property development segment to slow. The partial launch of Meier Suites will reduce Soilbuild’s residential inventory to just 60 units. But medium-term earnings can still be supported by recently launched residential projects such as The Mezzo (already fully sold) and Meier Suites as they have yet to make any earning contributions. Three business space projects – Goodvine Building, Solaris and Tuas Lot – are expected to be completed in 2010, with the first two being retained as investment properties which will add to Soilbuild’s recurring income stream. With a target of S$40m in annual recurring rental income over the medium term, shareholders could be potentially rewarded with higher dividend. Our RNAV estimate of Soilbuild remains unchanged at S$1.67 per share. For small cap developers like Soilbuild, we prefer to remain conservative and retain the 20% discount on RNAV in our valuation. This is to account for the size difference, lower liquidity and higher gearing level of these developers. As such, our fair value of Soilbuild stays at S$1.33. We maintain our BUY rating. (Foo Sze Ming)
Soilbuild Group Holdings Ltd: Secures new business space project

Summary:
Soilbuild Group announced that it has been appointed by Kolette Pte Ltd, a subsidiary of CSC Holdings, to manage and market a turnkey business space development at Tuas South Avenue 2. Soilbuild will carry out and complete the construction and marketing of the industrial space and will bear all associated costs. In return, it will receive a portion of the units for managing the development. We believe that such a partnership will be a win-win scenario for both CSC and Soilbuild. Soilbuild’s portion of the units could be around 76.7% of the total units. Assuming an average selling price of S$210 psf, we estimate that this project can generate an additional 3 cents per share to our RNAV estimate. Our fair value has now been raised to S$1.36 and we maintain our BUY rating on Soilbuild. (Foo Sze Ming)
 Believe or not ?? MFT said one hor... hehe...


 

 
Bon3260
    30-Dec-2009 22:37  
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Des_khor,

Where hv u been today? How cm din c u in GuocoLeisure? Sold liao juz left like dat huh?!



des_khor      ( Date: 30-Dec-2009 22:30) Posted:

Soilbuild Group Holdings Ltd: Business space in the limelight in 2010

Summary:
Going into 2010, we expect activities in the property development segment to slow. The partial launch of Meier Suites will reduce Soilbuild’s residential inventory to just 60 units. But medium-term earnings can still be supported by recently launched residential projects such as The Mezzo (already fully sold) and Meier Suites as they have yet to make any earning contributions. Three business space projects – Goodvine Building, Solaris and Tuas Lot – are expected to be completed in 2010, with the first two being retained as investment properties which will add to Soilbuild’s recurring income stream. With a target of S$40m in annual recurring rental income over the medium term, shareholders could be potentially rewarded with higher dividend. Our RNAV estimate of Soilbuild remains unchanged at S$1.67 per share. For small cap developers like Soilbuild, we prefer to remain conservative and retain the 20% discount on RNAV in our valuation. This is to account for the size difference, lower liquidity and higher gearing level of these developers. As such, our fair value of Soilbuild stays at S$1.33. We maintain our BUY rating. (Foo Sze Ming)
Soilbuild Group Holdings Ltd: Secures new business space project

Summary:
Soilbuild Group announced that it has been appointed by Kolette Pte Ltd, a subsidiary of CSC Holdings, to manage and market a turnkey business space development at Tuas South Avenue 2. Soilbuild will carry out and complete the construction and marketing of the industrial space and will bear all associated costs. In return, it will receive a portion of the units for managing the development. We believe that such a partnership will be a win-win scenario for both CSC and Soilbuild. Soilbuild’s portion of the units could be around 76.7% of the total units. Assuming an average selling price of S$210 psf, we estimate that this project can generate an additional 3 cents per share to our RNAV estimate. Our fair value has now been raised to S$1.36 and we maintain our BUY rating on Soilbuild. (Foo Sze Ming)
 Believe or not ?? MFT said one hor... hehe...

 
 
des_khor
    30-Dec-2009 22:30  
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Soilbuild Group Holdings Ltd: Business space in the limelight in 2010

Summary:
Going into 2010, we expect activities in the property development segment to slow. The partial launch of Meier Suites will reduce Soilbuild’s residential inventory to just 60 units. But medium-term earnings can still be supported by recently launched residential projects such as The Mezzo (already fully sold) and Meier Suites as they have yet to make any earning contributions. Three business space projects – Goodvine Building, Solaris and Tuas Lot – are expected to be completed in 2010, with the first two being retained as investment properties which will add to Soilbuild’s recurring income stream. With a target of S$40m in annual recurring rental income over the medium term, shareholders could be potentially rewarded with higher dividend. Our RNAV estimate of Soilbuild remains unchanged at S$1.67 per share. For small cap developers like Soilbuild, we prefer to remain conservative and retain the 20% discount on RNAV in our valuation. This is to account for the size difference, lower liquidity and higher gearing level of these developers. As such, our fair value of Soilbuild stays at S$1.33. We maintain our BUY rating. (Foo Sze Ming)
Soilbuild Group Holdings Ltd: Secures new business space project

Summary:
Soilbuild Group announced that it has been appointed by Kolette Pte Ltd, a subsidiary of CSC Holdings, to manage and market a turnkey business space development at Tuas South Avenue 2. Soilbuild will carry out and complete the construction and marketing of the industrial space and will bear all associated costs. In return, it will receive a portion of the units for managing the development. We believe that such a partnership will be a win-win scenario for both CSC and Soilbuild. Soilbuild’s portion of the units could be around 76.7% of the total units. Assuming an average selling price of S$210 psf, we estimate that this project can generate an additional 3 cents per share to our RNAV estimate. Our fair value has now been raised to S$1.36 and we maintain our BUY rating on Soilbuild. (Foo Sze Ming)
 Believe or not ?? MFT said one hor... hehe...
 
 
des_khor
    29-Dec-2009 15:31  
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Extremely cheap counter....
 
 
chenzehou
    05-Jul-2009 22:16  
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this one is so cheap, but no one wants to buy! i am sure it will cheong to $1 after a few months. Be patient!
 
 
des_khor
    28-May-2009 11:57  
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this counter still no much actio compare to his counterpart !
 
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