Oxley Holdings

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5 years 10 months ago - 5 years 10 months ago #24326 by Poh
Replied by Poh on topic Oxley Holdings
Oxley has bought back 3.5 million shares in aggregate on 5, 8, and 9 April.
This is positive!

Catalysts:
Strong sales in S'pore residential market this year.
Award of massive Myanmar rail station project.
Last edit: 5 years 10 months ago by Poh.

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5 years 4 months ago - 5 years 4 months ago #24536 by Poh
Replied by Poh on topic Oxley Holdings
Chairman Ching's salary band in FY2018 was S$11,750,000 to S$12,000,000, according to the AR.

Still extraordinary sum but it is lower than the $15,500,000 to $15,750,000 band that he was in in FY2017.

The huge sum was the subject of criticism from shareholders at the FY2017 AGM, according to my friends. Basically, the formula for his remuneration was set during IPO and shareholders called for a revision.
Last edit: 5 years 4 months ago by Poh.

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5 years 1 month ago - 5 years 1 month ago #24622 by Joes
Replied by Joes on topic Oxley Holdings
Oxley to sell Mercure and Novetel hotels on Steven Rd for
S$950.0 million. (translating into $1.25m per room key).

proceeds will enable Oxley to settle $500m outstanding hotels' loan, so have $450m cash remaining. .

This should be positive for the stock price tomorrow.

infopub.sgx.com/FileOpen/Annc%20-%20LOI....cement&FileID=540141
Last edit: 5 years 1 month ago by Joes.

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5 years 1 month ago #24623 by Joes
Replied by Joes on topic Oxley Holdings
Positive impact on Oxley this morning, spillover effect on Hiap Hoe. (88.5 cents). Never seen this vol. 100+ lots traded in a single day (let alone first 30 mins)

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4 years 11 months ago #24688 by Joes
Replied by Joes on topic Oxley Holdings
Oxley receives Expression of Interest to buy Chevron House for $1.025 b.
Oxley completed purchase of Chevron 12 months ago in March 2018 for $660 million, and spent x on Asset Enhancement Initiative.
All in, it's a hugely profitable sale if it materialises.

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4 years 8 months ago #24813 by Joes
Replied by Joes on topic Oxley Holdings
1,666,800 shares bought by Chairman Ching on 7 June 2019.
30.84 cents a share.

Looks positive

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