Chip Eng Seng

More
30 Nov 2014 20:31 - 06 May 2015 13:37 #21366 by potatolover
Replied by potatolover on topic Chip Eng Seng
-
Last edit: 06 May 2015 13:37 by potatolover.

Please Log in or Create an account to join the conversation.

More
02 Dec 2014 10:59 - 02 Dec 2014 11:08 #21374 by sumer
Replied by sumer on topic Chip Eng Seng
CES did a share buyback of 1.1m shares yesterday, which explains the counter's relative resilience in a jittery market and despite fears about Tower Melbourne's problems.

It also announced yesterday that its Malacca land buys are cancelled. I view this as mildly positive in view of the risk of the Malaysian economy negatively impacted by plunging oil price. Should economies falter in an oil-shock crisis, there will be ample opportunities for cheaper land buys and developments in future, so failed land purchases are not worrying IMO.

Meanwhile, the rout in oil and gas stocks could lead to some market-wide selling as investors switch holdings, hold cash for safety or liquidate to cover losses. Stocks with high RNAV to add as cushion, good dividends to deter holders from selling, and respectable "visible" earnings to warrant confidence should hold better, but few would be spared at least some negative spill-over effect.
Last edit: 02 Dec 2014 11:08 by sumer.

Please Log in or Create an account to join the conversation.

More
02 Dec 2014 14:05 #21376 by RT Knight
Replied by RT Knight on topic Chip Eng Seng
well, for the Melaka land, it is quite a pity.
The land cost is quite reasonably cheap and the area location is good. Most importantly, that is a mix-development project, which is the area CEL always did well.

Please Log in or Create an account to join the conversation.

More
02 Dec 2014 22:56 - 03 Dec 2014 03:49 #21382 by potatolover
Replied by potatolover on topic Chip Eng Seng
Actually, it is not a pity. The potential EPS gain from the Malacca project might be around 5 cents (at max).
Last edit: 03 Dec 2014 03:49 by potatolover.

Please Log in or Create an account to join the conversation.

More
15 Jan 2015 12:47 - 06 May 2015 13:36 #21564 by potatolover
Replied by potatolover on topic Chip Eng Seng
-
Last edit: 06 May 2015 13:36 by potatolover.

Please Log in or Create an account to join the conversation.

More
30 Jan 2015 12:27 - 06 May 2015 13:36 #21648 by potatolover
Replied by potatolover on topic Chip Eng Seng
-
Last edit: 06 May 2015 13:36 by potatolover.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings4.120-0.070
Avi-Tech Electronics0.280-
Broadway Ind0.141-
China Sunsine0.4800.005
DISA0.003-
Food Empire0.505-0.005
Fortress Minerals0.340-
Geo Energy Res0.380-
Golden Energy0.8450.030
GSS Energy0.048-
InnoTek0.455-0.010
ISDN Holdings0.455-0.010
ISOTeam0.104-
IX Biopharma0.139-
Jiutian Chemical0.081-0.001
KSH Holdings0.345-
Leader Env0.050-
Medtecs Intl0.114-
Meta Health0.028-
Moya Asia0.0890.001
Nordic Group0.520-0.010
Oxley Holdings0.159-0.002
REX International0.240-
Riverstone0.570-0.005
Sinostar PEC0.190-
Southern Alliance Mining0.660-
Straco Corp.0.400-
Sunpower Group0.310-0.010
The Trendlines0.091-0.003
Totm Technologies0.126-
UG Healthcare0.1810.001
Uni-Asia Group0.945-0.005
Wilmar Intl3.900-0.050
Yangzijiang Shipbldg1.120-0.120

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 927 guests and no members online