Pollux Properties *Official* (SGX:5AE)

GreatKen

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Spotted this little gem while searching over companies.

This company, with a market capitalisation of $50mil thereabouts, has a management with unique backgrounds. Two of them were formerly high-ranking Indonesian generals. One of them is Mr. Timur Pradopo - chief of indonesian police force. Mr Nico Po heads the company. From what I've read, his dad is one of the richest man in Semarang, Indonesia.

I would say, >94% of their development properties are sold. They are just waiting to collect revenues. Their LOUIS serviced apartments at Havelock Road is going to be operational ready soon.

One of their property, Pavilion Square, sold at record prices.

Pavilion Square retail units snapped up, Commercial, Singapore Property Guides & Articles - STProperty

The latest developments of the company is quite interesting too.

Koh Wee Meng (CEO of Fragrance) invests in this company as well.

https://www.dropbox.com/sh/ntmvvruuhps6g9g/AADTELBSgWM_-ZYLj6SzQyJia?dl=0

Open "Reasons for RTO.pdf"

Pollux Properties Singapore
Pollux Properties Indonesia
www.amarsvati.com
www.polluxinvestments.com
W/R - Stylish Apartments For Inspired Living
Marquis de Lafayette - Passionate Living By Design
Home | Chadstone Cikarang - Mixed Use Lifestyle Homes

Thinly traded but it would re-rate once all the revenues kick in. Maybe will RTO too? :s13:

(source: http://sgtalk.org/mybb/Thread-Pollux-Properties)
 

GreatKen

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Google Translate

10390467_10152402331155073_3687023353122579128_n_zps80bec46d.jpg



Shareholders have been shrinking meaning, top shareholders have been accumulating!

ScreenShot2014-08-24at10247pm_zps34d8f51f.png


Office @ Ngee Ann Tower, quite surprising for a small built developer!

i795w8.png
 

Perisher

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jialat, my pollux is down 37% in 1 day... all profits evaporated. :s22:
 

Perisher

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Dunno leh... thinking if should average down
 

Mancunian2

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never heard of this counter before

name sounds like "bollocks"
 

GreatKen

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Hi all, I was wrong in my analysis and sold my stock years ago. Surprised that the thread is alive once again.

Very illiquid and hard to be double bagger type of stocks.
 

Perisher

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the drop also few hundred shares pull it down. Somebody making chart pattern?
 

Perisher

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The few hundred shares keep moving it here and there.
 

Perisher

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Saw big volume buyers coming in to lowball
 

Perisher

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Nice closing, 0.05.
Still got tons of buyer at the end.
 

Perisher

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foozgarden

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these are rich chinese indos...
how to play with them.... mostly held by family members or SPV
 

Mancunian2

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