Tuan Sing

yeng
Offline
Platinum Member

13 years 1 month 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.

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

Rich
Offline
Elite Member

13 years 2 weeks ago #5686 by Rich

Replied by Rich on topic Re:Re:Tuan Sing

Tuan Sing has long been undervalued vis-Ã -vis its RNAV. There has been no market coverage --- things are changing. Kim Eng initiated coverage yesterday and the stock has flown up! Kim Engâs target price of $0.63/share looks good â 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 â so says the analyst at KE.

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

pine
Offline
Platinum Member

13 years 1 week 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

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

pine
Offline
Platinum Member

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.

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

Joes
Topic Author
Offline
Platinum Member

12 years 10 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?

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

Dongdaemun
Offline
Platinum Member

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.

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

Time to create page: 0.254 seconds