Far East Orchard Limited aka Orchard Parade Holding

[ngcheeki]

about STC getting the right to subscribe up to 20% of the share capital of the enlarged hospitality management company of FEOR, anyone know is it gg to be on a new share placement basis or not?

It's still early, FarEastOrchard is carrying out due diligence on STC Australia assets and any definitive agreement will be signed only next year, 2013.

"The Company is currently evaluating the Proposed Transactions and the structure of the Proposed Transactions. The Proposed Transactions are also subject to satisfactory due diligence, relevant valuations being carried out, the receipt of the requisite approvals, and definitive agreements being negotiated, finalised and executed by the parties. As no definitive agreements have been executed yet, there can be no assurance that the Proposed 2 Transactions will proceed. FEOrchard will provide further details in subsequent announcements in accordance with the Listing Rules at the appropriate times. "

http://info.sgx.com/webcoranncatth.nsf/V...2003304B4/$file/FEOR_PressRelease.pdf?openelement

[propertyinvestor]

I think Kim eng's report that take into account the potential increase in asset management fees for for FY 2014 and thereafter. How could the Forward PE be so high? Euhabitat is slated for TOP in 2014 and Novena residences is targetted for a 2013 launch. Lots of potential profit flooding into FEOrchard in the years ahead.

I consider myself lucky buying loads at $1.68 - 1.70 on the day it ex dates. The only direction for FEOrchard is up.

[pianist]

seems like the feeling for FEO among shareholders now is good. i will proceed to subscribe my scrip as well.

i hope they do a thorough due diligence on STC's underlying assets mentioned because I just had this feeling that STC may be quite disorganized?

[propertyinvestor]

Where are the naysayers again? Why is FEorchard moving up despite the so called stories of stock operating? The simple answer is this: ITS WAY UNDERVALUED for a business that generates RECURRING CASHFLOW AND PROFITS from efficient capital management and recycling.

FEOrchard is a different animal and its nearest comparable is CapMallsAsia.

[propertyinvestor]

I still wonder where are those people who said FEOrchard was overvalued? Had you sold the YHS shares at $3.50 after buying FEOrchard at $2.60 before ex date. Your gains would have been around 15%

[Gregg]

I still wonder where are those people who said FEOrchard was overvalued? Had you sold the YHS shares at $3.50 after buying FEOrchard at $2.60 before ex date. Your gains would have been around 15%

Hi Propertyinvestor,

Can I check with you that 33% ownership of FEHT is under Far East Orchard Group or Far East Group?

Gregg
(vested)

[pianist]

28 December 2012 Singapore – The Board of Directors of Far East Orchard Limited (“FEOrchard” or the ("Company”) announced today the appointment of Mr Koh Boon Hwee, 62, as a Non-Executive Director and Non-Executive Chairman of FEOrchard with effect from 1 January 2013.

[LionFlyer]

Full Yr Results (here)

Dividends of 0.06 cents for yr end Dec 2012.
EPS 51.47
NAV 2.92, P/B 0.7 based on today's close of 2.1

vested

[LionFlyer]

http://info.sgx.com/webcoranncatth.nsf/V...E0052D328/$file/FEOR_JV_Media_Release.pdf?openelement

Joint venture for Australian hospitality

[pianist]

question is will stc get new issued shares of feo, if so at what price?