Chip Eng Seng

Chip Eng Seng - from TA point of view , it is on a Uptrend mode ! Looks bullish, and may likely continue to head higher.
Likely to retest the phycological price level of $1.00. Breaking $1.00 smoothly may likely test $1.04/$1.05 which is the major overhead resistance

It might be good to take a fifo basis. It could be a challenge to breakthrough this major resistance!
Not a call to buy or sell.
 Pls do your due diligence!

 Looking through the financial results for past 5 years , it seems that the Net profit figure has came in lower from 73.7m (2013) to 35.5m(2017). Next , we take a look at the Ops cash flow and it seems that they have negative cash flow level. You may want to take note of this.
NAV of $1.247.
EPS of 5.7 cents.
PE of 17X
Dividend of 4 cents,yield if 4%..

Price seems to be trading at full value. Dyodd.

Chipp Eng Seng Corporation Ltd, an investment holding company, engages in the construction, property development and investment, and hospitality businesses primarily in Singapore, Australia, Malaysia, Vietnam, and Maldives. The company operates through Construction, Property Developments, Property Investments, Hospitality, and Corporate and Others segments. The company constructs public housing projects, modular buildings, condominiums, and executive condominiums, as well as industrial and commercial projects; develops residential, commercial, and industrial properties, as well as manages development projects; and provides real estate management and consultancy services. It also leases investment properties, such as shophouses, and commercial and industrial properties; operates hotels and island resort; engages in treasury functions; and invests in marketable securities. In addition, the company acts as general building contractor; manufactures and trades in precast products; and provides general building engineering services. Chip Eng Seng Corporation Ltd was incorporated in 1998 and is headquartered in Singapore.