Sing Holdings

Prefer Roxy-Pacific to Sing Holdings.
Roxy has dividend yield of about 6% (My Estimate, assuming 2-cent final dividend on top of 0.67 cent interim)....
.and capital gain potential even after the good run-up this year.

Hiap Hoe announces interim dividend.
Roxy announces interim dividend.
Aspial announces interim dividend plus bonus.
Sing Holdings announces........full stop.

Very very strong accumulation. Already 7 million shares done between 9 am and 11 am today.
No big married deals, but many 100,000 share transactions. What's happening?
Stock at 35 cents.

All that intense trading this morning ended with the stock unchanged at 34.5 cents. WTF

My friend, behappyalways, says:

Lots of privatisation these day...... As The Laurels approaches TOP, the company would be left with cash, office units and plot of land in Robin. The plot of land in Robin would also be launched soon which meant further cash and profit.....So hang on to your investment.

I think it can get complicated -- after the cash comes in, Mr Lee finds a plot of land to buy. And don't forget the Robin project will not TOP for another 2 years or so, so the cash ain't coming so soon from that Robin area. However, the stock is chockfull of value. Someday it will vault over the 50-cent level. Just wait & see....