Sing Holdings

[Behappyalways]

Full year results are out....

http://info.sgx.com/webcoranncatth.nsf/V...1003535DB/$file/FY2012_results.pdf?openelement

http://info.sgx.com/webcoranncatth.nsf/V...1003535DB/$file/Press_release.pdf?openelement

Glanced thru the numbers.........

one minus is that the increased in dividend payout to shareholders is matched by increased in remuneration to employees and directors....

Quite surprised that they did not revalued their office units(trading properties) while posting good 4Q2012. That meant that the units are still valued at $560psf while they are selling for $850psf....

Looks likely they are going to launch their 2 projects in 2Q2013.....The URA Masterplan 2013 should be out soon and let's see how the company is going to benefit from it....

Presently, a project(Robin Suites) near their Robin Site is selling for $2500++psf so their Robin project should do well
http://www.squarefoot.com.sg/latest-tran...esidential

Let's hope the buzz on the 2 projects and masterplan 2013 will revalue the share price and directors will reward 'long-suffering' shareholders with special dividend and bonus in 2Q2013 or etc......