Tuan Sing

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13 years 2 weeks ago #5574 by yeng
Replied by yeng on topic Re:Tuan Sing
Tuan Sing is up on strong volume - now 33 cents. It looks undervalued based on EPS of 6 cents and RNAV of 49 cts.

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13 years 2 days ago #5686 by Rich
Replied by Rich on topic Re:Re:Tuan Sing
Tuan Sing has long been undervalued vis-à-vis its RNAV. There has been no market coverage --- things are changing. Kim Eng initiated coverage yesterday and the stock has flown up! Kim Eng’s target price of $0.63/share looks good – lots of upside from even the latest price of 38 cents. The immediate catalyst for each of its underlying businesses is there. Redevelopment could unlock the value of the prime commercial buildings it owns in the CBD and the two five star hotels in Australia. It has the potential to turn coal to gold with new acquisitions for its coal trading business held through subsidiary SP Corp. TSH is poised for a major re-rating – so says the analyst at KE.

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12 years 11 months ago #5757 by pine
Replied by pine on topic Re:Tuan Sing
42 cents is like glue holding tightly to the shares and cannot let it break free???? LOL

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12 years 11 months ago #5861 by pine
Replied by pine on topic Re:Tuan Sing
The glue came off --- Tuan Sing is now 37.5 cents!

Kim Eng Research is, however, supporting it:

The upcoming launch of Mont Timah and the planned rollout of the 300-unit Seletar project in 4Q11 are near-term earnings drivers. The potential redevelopment of Robinson Tower and International Factors Building remains the strongest catalyst for a stock re-rating. Maintain BUY with a target price of $0.63, pegged at a 15% discount to its RNAV of $0.74.

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12 years 9 months ago #6477 by Joes
Replied by Joes on topic Re:Tuan Sing
Was it ever glued to 42-cent level? looking at postings below, I am shocked!
Now struggling to rise above 35 cent level. Got value in there?

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12 years 7 months ago #7065 by Dongdaemun
Replied by Dongdaemun on topic Re:Tuan Sing
40+ became 35 and now 29.5 cents.
Jeez, cheaper is better, or has the fundamentals of the business of Tuan Sing turned bad? I personally don't think so.

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