Yes the CEO certainly deserves an award. Just read report by JLl on London properties and glad to see that Singapore is one of the overseas developers in Uk and Oxley does us proud!
Quote mervynsim: According to recent Malaysian media reports, Oxley Malaysia's 8 projects have an estimated GDV of RM8b to RM10b. Assuming profit margin of 35%, capital value of the Malaysia projects will be about RM3.15b (~SGD1.2b). Capital value of Royal Wharf is also above SGD1b. It seems my guess of Oxley International's market cap at SGD1b may be too conservative.
Oxley, if it maintains a steady course, will be the poster boy for property entrepreneurs. Daring, outgoing, and quick to move.
The share price looks rich, though, at 81 cents. What's keeping it up there is the pre-sales that will be booked. The earnings for London property looks swell too. Wishing all Oxley shareholders huat ah! $1.00 is the magic figure, eh???
Chacha wrote: Yes the CEO certainly deserves an award. Just read report by JLl on London properties and glad to see that Singapore is one of the overseas developers in Uk and Oxley does us proud!
-- Ching cannot be a 1-man show (or even 2-man show, including Eric). Ching could have strong backers, otherwise he wouldn't have been able to go so far so fast. Who?
NextInsight
a hub for serious investors
