Heard they have problem getting the CF for the first batch of completed SOHO units. So much for their maiden property project. A lot of buyers are complaining about this delay as buyers cannot move in, do renovation, rent out etc without obtaining the CF even though units have been haphazardly handed over (to avoid LAD implication) 3 months ago. Till to-date, still no news on the CF date. Understand from my friend that the workmanship of the unit was good but screwed up on the administration and regulation side.
Hopefully it can cover gap for dividend by 19/6 . If covered , the trend is continue up . Once break 1.06 , 1.13 is the last resistance . Break up ? Sky is the limit ........
Fundamentally, this is a good counter with lots of prospects. Track back and you will see why it has grown leaps and bounds. Its current venture into piping business is sensible. Profits will come in in 18 months or so, I guess. So whether or not its prices moves up will depend on how many sensible investors are there to invest.
dear bowmen... you have to look into divvy too, not just capital appreciation. when you love someone, you expect gratitude from them also right? currently looking at fitters trend, 3-4% of divvy yield will be there
Thanks GGMsia. Noted and learned. I have faith in this counter. It is heading in the direction I want it and we shall wait and see if the fruits are worth the labour
This counter really test my patience to the max! Although it has brought me almost 40% profit but I will still wait for my tp 1.40 one day. Toss to fitterian!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Chris K Yeong
218 posts
Posted by Chris K Yeong > 2014-05-22 17:50 | Report Abuse
1.40 is my own TP. u can have ur own TP at 2.00 if u want. :P