CSC    Last:0.009   -

CSCHoldings ( First Impressions by Goldman Sachs)

looking set for a strong rally

 

Take note, it has bottomed

 

still not moving...

 

CSC: Awarded Another $60 M Worth Of Contracts.

CSC Holdings Limited has secured another $60 million worth of foundation and geotechnical engineering contracts. These contracts raises the aggregate value of contracts secured since April 2011 to over $220 million. The contracts secured include work on infrastructure projects as well as residential, industrial and institutional projects in Singapore and Malaysia...Attachments:

• CSC_Secures_60_M_worth_of_contracts.pdf

 

CSC Holdings Limited said it had secured more than $60 million worth of foundation and geotechnical engineering contracts in the past two months, in addition to the $100 million worth of projects won in 1Q12.

http://sgsharemarket.com/home/2011/09/singapore-company-highlights-07092011/?=CSC

 

 

CSC Shares buy back

 

10-Feb-2009 17:25:17 announcement

The 250,000 shares purchased today will be held as treasury shares.

 

anyone can answer my question?

i brought 10 lot from my cpf account  since last year y i didit get the dividend?

they never post me any letter regrading the dividend
 

 

The only time able to buy cheap is when others are fearful & shunning the market.

http://whatstocktobuy.blogspot.com/2007/11/market-opinion-01.html

 

Breakout from a trading range/bullish wedge of resistance 0.285 @ a higher than avg significance volume of 30m.

Base on its FA, shd see a continuation of a new uptrend wave.
Any dip would be a good entry.

Caveat Emptor.
http://whatstocktobuy.blogspot.com/2008/01/csc-holdings-fundamentals.html

 

Yes ! the BB have come in, 30 million shares traded today.

 

CSC Holdings +5.4%; "Attractive Buy"-Phillips Sec

0250 GMT [Dow Jones] CSC Holdings (C06.SG) continues to ride higher on recent robust results; stock +5.4% at 3-month high of S$0.295. Construction contractor reported 400% jump in FY08 net profit to S$43.2 million; Phillip Securities says results in line with expectations with strong performance driven by first full-year contribution from L&M Foundation Specialists. Says, "we believe CSC is still an attractive buy at the current price, given the Company's growth prospects, strategic positioning in the region, and the management's prudent financial management." Maintains Buy call with S$0.45 target price. Heavy traded volume suggests buying interest has momentum, but overbought signals on technical indicators suggest stock may meet psychological resistance at S$0.30. (KIG)

 

No matter how good profits are, the share price will only move if the BB comes in.  It's still all about market sentiments.

 

The current price is more or less counted before it announced the result, as can be seen the marginal gain today.

 

CSC gained as much as 3.6% to $0.285 after its full-year net profit rose five times due to increased margins and lower expenses.

CIMB analyst Lawrence Lye said CSC's management remained optimistic of future business as the current order book stands at $400 million, but warned inflation could increase the company's costs.

"Management...acknowledged the potential adverse impact from inflationary pressures but given the nature of foundation engineering work, materials can be procured at fixed prices upon securing contracts," Lye said in a broker note.

 

May 29, 2008
CSC FY08 net profit surges 400% to $43.21 million representing a return on equity of 40.3%

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_A338315F8ACB6BD4482574580034E55D/$file/CSC_FY08_Press_Release.pdf?openelement

'This was the result of increased volume of work completed with improved margins and lower administrative and operating expenses in proportion to increased revenue due to better economies of scale,'
The company elaborated.

Group's order book as at May 23, 2008 is about $400 million with most of the projects to be completed within the next 12 months.

 

johnwoo,

18days to go probably refer to Quarterly window dressing effect
(see if my wild guess is correct, mr Hulumas)

TA,looks healthy, with a potential ascending triangle formation undergoing. Probably these 2 weeks able to see it challenge its base triangle @ 0.340 (resistance).

Current support 0.260 with verge of upside breakout @0.265. However, break below 0.255 would negate the formation forming a lower range @ 0.225.

http://whatstocktobuy.blogspot.com/2008/01/csc-holdings-fundamentals.html 

 

hope that its really less then 18 days as i have been holding this counter for quite some time..can give your expert advice how u derive 18 days?  :)

 

eh, don't understand, why 18 days??

 

Dear Johnwoo,

<18 days, most probably.

 

hi guys, have got 144 lots of csc @ average of 0.34...wonder how long will it take for the counter to reach that price..most likely will buy another 40 to 50 lots more to average down..