$$$ MILLIARDENPROJEKT IN THAILAND $$$ - 500 Beiträge pro Seite

[Graffy]

Potenzial von SiteWorks Inc. (SWKJ) in Thailand
Website: http://www.mysiteworks.net

Letzte News vom 27.10.2005:

SiteWorks Building & Development Co. Announces It Has Secured Development Rights for 9,000,000 USD Upscale Project in Layan, Phuket
SiteWorks (OTC BB: SWKJ) has announced the company has secured the development rights and construction service contract for the Layan project in Phuket , Thailand. This is the company`s second major project in Thailand. The first project previously announced is a 1,700-unit affordable housing turnkey project with a revised guaranteed maximum price of USD16,500,000 .

The Layan project is a nine-unit upper-income project total sales value approximately 9,000,000 USD where the houses are expected to sell for 750,000 to 2 ,000,000 USD. Plans have been completed and subcontractors are being evaluated prior to January 2006 construction start.

$25,500,000

Und das steht dahinter:

The Baan Eua-Arthorn low-cost housing project

Links zu dem " Baan Eua-Arthorn low-cost housing project":
http://www.nhanet.or.th/pplan/eng/Baan%20Eua-Arthorn.pdf
http://www.nhanet.or.th/pplan/eng/arthorn2.htm
http://www.bangkokpost.net/58years/nati.html
http://thailand.prd.go.th/ebook/story.php?idmag=24&idstory=1…

That`s what the Thailand government project is called. I found out through the Bangkok Post that the project size is for the construction of 600,000 housing units (wow) from 2003-2007, with a total budget of USD $7.1 Billion (all dollar amounts converted from Thai Baht). That`s another 2 years before completion.

As much as USD $944 Million is being contributed by the government, while USD $5.9 Billion will be sourced from loans. The project has been divided into three phases, some of which is already complete, BUT they have come up WAY short-handed, as they have discovered.

Phase 1 for a modest 4,175 units is complete, at a cost of USD $37 Million.

Phase 2, for a slightly larger 7,552 units, is currently under construction at a cost of USD $74 Million.

But here`s the deal:

Phase 3 is for a whopping 140,000 units (still less than the 600K) at a cost of USD $1.6 Billion. As of June 2004 (latest figures available), they had only auctioned off to contractors 34,920 units. That leaves over 100,000 units left for bids (some of which may have come in by now).

Still, that only totals a little over 150,000 units and they want 600,000.

By their own admission, the National Housing Authority has only been able to provide a total of 81,485 homes at the time of the article, but the number of applicants exceeded exceeded 356,888 (summer 2004). They claim the potential was there for the project to be expanded. Ya think?!

Bottomline, there is LOTS of construction work to be done by many contractors at the same time in Thailand, and it appears that they have probably expanded the low-cost affordable housing project from its earlier design. All this bodes well for SWKJ, since low-cost affordable housing is exactly what they build. Government approval may take a few days longer, but SWKJ is, quite frankly, THE stock to watch going forward.

It`s my opinion that they will cinch the deal, and that they are probably working out the contracts right now. As we know, SWKJ will not release info ahead of time, but when they do, it`s likely that the PPS will undergo a significant rally. The float is tight and there are not a lot of free shares left. Traders will be chasing the stock and unable to get in. I`d suggest holding tight and develop a seige mentality. Just don`t let anyone have your shares. That will make them that much more valuable. Ah, the anticipation (it`s making me wait!).

150.000 Wohneinheiten sind schon fertiggestellt. Die wollen aber noch 450.000 Wohneinheiten bauen. Fragt sich also: Wie viel von den übrigen $5,274,500,000 geht noch an SiteWorks Inc.?

Wenn SiteWorks Inc. im Jahr 2006 einen Gewinn von nur $10.000.000 erzielt, dann beträgt das KGV > > > > 1,08

Heutige Marktkapitalisierung > > > nur $10,800,000 (lächerlich)
Aufträge in Thailand (Stand 31.10.2005) > > > $25,500,000

[Loserin]

Wieder so ein Mist

Keiner versteht es aber alle sollen kaufen

[Graffy]

[posting]18.519.973 von Loserin am 31.10.05 12:43:09[/posting]Ist doch ganz einfach. SWKJ hat in Thailand bisher Aufträge in Höhe von $25,500,000 für ca. 2.500 Wohneinheiten in den letzten 4 Wochen erhalten.

In Thailand sollen aber noch 447.500 Wohneinheiten gebaut werden.

[Loserin]

[posting]18.520.025 von Graffy am 31.10.05 12:47:25[/posting]

Und was willst Du Dir mit dem Mist finanzieren ?

Die ETW auf Sylt
oder Dein 2-Mann Zelt am Diemelsee

[Emilio111]

Sag ma` Loserin,

gibt`s eingentlich irgend einen Beitrag hier in w:o, der die nicht verbal auf die Palme bringt?
Finde es ja echt prima, dass Du überall auftauchst - das erspart mir `ne Menge Recherche Wenn ich mal wenigstens `nen neutralen comment lesen würde, wäre ich glatt geneigt, sofort einzusteigen, aber ...

[Loserin]

[posting]18.520.288 von Emilio111 am 31.10.05 13:11:12[/posting]

Freut mich, dass Du so aufmerksam bist

Leider hat der Threaderöffner sich in den Haupthread verzogen.

Aber er hat ein bisschen Werbung hinterlassen ...

Das Ding will irgendwie nicht so