CSC    Last:0.009   -

CSC set to fly

it is a ready-mixed concrete batching plant.

 

you mean pre-casting companies like poh cheong and sunway?

 

heard this news from my friends, they work in the concrete batching plant.

Just visited 3 constction sites, 2 have totally stoped work.



 

 

siao liao la this will affect this stock greatly

 

pls state where you get such news from?

 

run first.

some Concrete plants in Singapore stop work already.

 

hello , can this stock which 40 cents?

 

Hi  how much to pay for for 1 for 4 rights -  @ what px pl ...

 

no idea of the date yet.

but CSC is consider a safe and defensive stock in case of market correction.

1. it has enough porjects on hand (3 Sengkang HDB, part of BFH, various condos) to ensure a profitable 2007 and 2008.

2. the sale of Ching Soon building and the right issue will make CSC debt free.

3.strongly tip to win the two IR.

4. all the piling contrators in Singapore have increase their charges by as much as 20% to 30% as they are unable to cope with the sudden surge of new porjects.

5.don't overlook the fact that though Tat Hong Ltd has sold it's entire 14.8% in CSC, the privately held company of Ng family (big sareholder of Tat Hong) has actually increase the holding in CSC from 31% to 37.76%.

6. the capture of L & M is a master stroke with the shortage of piling co in Singapore and two IR coming up, also the purchase price of $17m is dirt cheap.

 

m2d4pc, so any idea when is the ex-right?

 

Allgreen dropped to $1.25 on the day of ex-right (20 Dec 06), but quickly bound back to  the present price of $1.61.

Can buy CSC on the day of Ex-right to make some quick buck.

 

a gd example is the recent allgreen.

 

Will a rights issue dilute shareholdings and thus lowered the share price? Whats the impact of a rights issue or placement issue?

Pls correct me asI am still a newbie in Stock investment.

 

Thanks shplayer

 

after the collapsed of Econ and L&M, the shrinking of MultiCon and BBR Geotechnics (a subsidairy of BBR Holdings), CSC has become the biggest piling and foundation contractor in Singapore.

 

leepc88,

1 for 4 rights means ...if you have 4 shares, you are entitled to subscribe (buy) 1 'rights' share.

i.e. if you have 1 lot (1000) shares, you can subscribe for 250 'rights'.

 

Hi all, can anyone explain what does "issue rights at 1 for 4" means. Sorry as i have no clue. thanks

 

Rights issue consider bearish move, however look at YongNam now ? After the annoucement of placement issue at $0.16, it now fly to $0.235.

 

Hi all,

CSC proposing to issue rights at 1 for 4.  Cheers happy investing.