KSH

More
04 Jul 2019 12:56 #24856 by Val
Replied by Val on topic KSH
Share price has recovered some ground, now 43.5 cents as (mindless) selling eased off & company bought back shares. Total 1.2 million shares bought in the past 3 weeks !

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

More
09 Sep 2019 15:46 #25002 by Val
Replied by Val on topic KSH
KSH (+2.5 cents today) now 47.5 cents. Pretty cool.

Which could point to the Gaobeidan project receiving solid pre-launch orders. To recap, KSH Executive Chairman Choo Chee Onn said at the recent AGM the official launch date to be Oct 2019.


The project launch had been delayed a couple of times, first due to Beijing’s cooling measures which required the homes construction to be 30% completed before sales can start.

Then delayed again last October 2018 due to “the uncertainties caused by the trade war”.

Mr Choo revealed that the main reason for the delay was the additional cooling measures which restricted the sales to local residents only. Thus the rich folk from Beijing were not allowed to buy. The local government has eased these restrictions. Now, non-locals will have to pay social security for 3 years to be eligible to purchase in Gaobeidian.

Even with this condition, the JV company is confident enough to launch the first 100,000 sqm, about 820 units at a price of RMB 8,000 per sqm. They will quickly release more units once 50% of the units are sold. Although the launch price is a far cry from the RMB 20,000 psqm in nearby Baoding after news of the Xiong’an SEZ was released, the Gross Margin is a respectable 50% as their cost is around RMB 4,000 psqm.

see: www.investingnote.com/stocks/SGX:ER0#/?stock=ER0.SI&tab=latest

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

Share Prices

Counter NameLastChange
AEM Holdings1.170-0.020
AusGroup0.022-
Avi-Tech Electronics0.340-0.005
Best World Int.1.360-
CEI0.935-0.010
China Sunsine1.1000.010
CNMC GoldMine0.2850.005
CSE Global0.4700.005
Eagle HTrust USD0.655-
Food Empire0.500-0.005
Golden Energy0.168-0.005
GSS Energy0.069-
ISDN Holdings0.220-0.005
ISOTeam0.225-
JB Foods0.645-0.010
KSH Holdings0.4650.005
Miyoshi0.036-
Moya Asia0.063-
Nordic Group0.265-
Oxley Holdings0.305-0.005
Procurri0.305-
REX International0.084-0.001
Riverstone0.930-0.035
Roxy-Pacific0.380-0.010
Sing Holdings0.390-
SingMedical0.325-
Straco Corp.0.755-
Sunningdale Tech1.230-
Sunpower Group0.4500.015
The Trendlines0.078-
Tiong Seng0.215-
Uni-Asia Group0.710-0.005
Yangzijiang Shipbldg1.000-0.050

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 573 guests and no members online