Sim Lian Group Ltd *Official* (SGX: S05)

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Sim Lian Group Limited has been creating homes for families in Singapore for over 35 years, first earning an outstanding track record and award-winning expertise in construction.

Sim Lian Group’s two core activities of property development and construction are highly synergetic, allowing the sharing of resources and greater economies of scale. In addition, the Group’s supporting businesses of electrical and civil engineering, metal

works, trading of industrial lubricants and the leasing of mobile sanitation provides additional value to its offerings.
 

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Any idea why it is rising?
0.890 +0.065 (7.88%)

Choices aplenty for EC buyers this year
http://business.asiaone.com/news/choices-aplenty-ec-buyers-year

Competition could worsen as another nearby site in Anchorvale Crescent was won by Sim Lian Land in February this year. A further estimated 2,055 EC units could be added next year, based on land sales so far, said Mr Ong Kah Seng, R'ST Research director.

But EC land prices are trending down, with a consensus among developers seeming to emerge this year that these should be less than $300 psf per plot ratio (ppr), he added. This is down from less than $400 psf ppr last year, with most top land bids around $350 psf ppr then.

- See more at: http://business.asiaone.com/news/choices-aplenty-ec-buyers-year#sthash.AAtYlbDe.dpuf
 

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Added Sim Lian group. 200 Shares only. Just a punt.
 

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想不到,你比我早发现它 :)

Last time got more time to research, these days very hard to find time for research.
I make a loss on this... Bought at 0.88. 200 shares nothing much. Sold when I reboot last year.

Any reasons for your interest?
 

JW2015

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Last time got more time to research, these days very hard to find time for research.
I make a loss on this... Bought at 0.88. 200 shares nothing much. Sold when I reboot last year.

Any reasons for your interest?

The divvy like very high in 2015.. So made me take a look
Then realise you have a thread on this
Actually still OK counter, budget2016 didn't push it down much. At least a 5% divvy, just that it's one time Nov give..
 

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Recent new include their chua chu kang condo sold very well. Hope for a decent dividend @ least 8%.

Sent from LGE LG-E988 using GAGT
 

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Got potential for break out once it goes pass 0.80...
Volume quite low though.
Shall camp here.
 

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this company is essentially a family business, own at least 65% of the shares.... CEO has no problems giving himself a 7 million...

market treats this stock as a dividend stock with the price stagnant at 0.9x for a good four years... ROA and ROE are modest but steady.
The last five years has pretty good dividends paid out every November.

personally vested with a small position and probably will hold for a long time before profits can be realized.
 
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Wiseboi

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*Official* Sim Lian (SGX: S05)

near year low, Div yield 9.22% cash rich company, low debt.
Buy liao will huat? need all the expert advise.
 

lbs

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if market cause a 20% dent into this, I will chiong in

*dreaming again*

well.... i saw sunningdale gone from 90 odd cents to 1.2
I saw innovalues from 88 cents to 1 dollar...

20% dent is about 0.63... possible only if there is a major correction like the one earlier this year... and one with a greater magnitude.
 

JW2015

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well.... i saw sunningdale gone from 90 odd cents to 1.2
I saw innovalues from 88 cents to 1 dollar...

20% dent is about 0.63... possible only if there is a major correction like the one earlier this year... and one with a greater magnitude.

Yes you are right
 
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