Hi Big Fish, you may be interested to know that I had created some time ago a separate thread for "Chip Eng Seng" (migrated from the earlier header "Guess which SG developer plans to build this Down Under"). You may want to follow writings posted on that thread on CES.
But you are right, CES' share buybacks have been rather consistent this round, with a total of 5m shares bought back since 15 May 14. Over the years, the co has bought back 27m shares. Shareholders have not only been receiving consistently high dividend payouts, but also seen their stake in the company rising as a result of the buybacks.
Meanwhile, another forumer Yeng had written a bit on Heeton in the old thread "Guess which developer...". Yeng may like to know that I have commented a bit about Heeton now and then under this thread "2nd liner prop stocks".
Heeton announced these few days the set up of subsidiaries which may be an indication of new ventures in Singapore and Australia. Will await news on these fronts.
At Pollux, full year profits announced recently were disappointing. I am not sure if this is due to the higher costs of marketing its units (it appears to have used "expensive" selling methods, based on my observation) or a simple mismatch of costs and expenses.
I am still hopeful that its main winner - Pavilion Square - will contribute greatly to profits in the coming 2 years, and hope that the company is indeed poised for interesting corporate developments after its recent board changes.
Perhaps the coming AGM will shed more light on the company's developments and financials.
At Hiap Hoe, the company has named its maiden project in Melbourne's Docklands "Marina Tower Melbourne". It will be building a 269-room hotel and a 461-unit residential block. Another 350-room hotel and 658 apartments will spring up from its Lonsdale project. Hiap Hoe will soon become one of the bigger plays on Aussie property market. These are the links:
www.hiaphoe.com/marina-tower-melbourne
www.hiaphoe.com/380-lonsdale-street-melbourne
If demand for Aussie properties and hotels continue to be good, perhaps a new theme on Aussie play may emerge. If so, the stocks that may catch investors' attention are: Fraser Centrepoint, Hiap Hoe, Aspial, Stamford Land, Tuan Sing, Ho Bee, etc.