U guys should get into Oxley for no better reason than the fact that every other day Chairman Ching is buying and buying. He is no fool. Follow the smart money. Even Kevan Scully is a believer:
KEVIN SCULLY: Medium-term target for Oxley is 58-66 cents
Stamford Land has gone up , way above my purchase price of 55 cents!
It's under the radar for most people but mmmmmm... it is a stock I like because of its quality assets and Ow's ability to one day spring a surprise move to unlock value.
I will target $0.78, which is still a 30% discount to SOTP valuation.
Since sumer is no more updating on his rnav stocks, here are a few short pointers:
Heeton: market rumours that it is redeveloping prime El Centro site into a new freehold condo, near to Tg Pagar MRT. EPS from this redevelopment could be very substantial, mentioned in another forum(ValueBuddies) as 35ct per share.
VVIP preview will be held this month for Sky Green at Macpherson which Heeton has a 40% stake in, Word from marketing agents are that 60 cheques has already been collected out of a total of 176 units.
investproperty.sg/sky-green/
Ho Bee: share buyback continues at higher prices, 200 lots at $1.50 on 26th Sep