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Global Logistic Properties Ltd *Official* (SGX: MC0)

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Old 10-08-2015, 08:14 PM   #31
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SINGAPORE (Aug 10): Global Logistic Properties, the provider of modern logistics facilities, will sell five wholly-owned properties in Japan to GLP J-REIT for JPY38.1 billion ($424 million).

The properties comprise a total gross floor area of 2.2 million sf.

Following this transaction, GLP’s fund management platform will grow to US$27.4 billion.

The transaction is expected to be completed in September 2015.

GLP J-REIT, listed on the Tokyo Stock Exchange in December 2012, is a real estate investment trust focused on operating logistics properties in Japan.

GLP is the property and asset manager of the J-REIT.

GLP J-REIT has the right of first look on a further 20 properties worth US$1.8 billion wholly owned by GLP.

GLP closed 1 cent higher at $2.37 on Aug 6.

http://www.theedgemarkets.com/sg/art...j-reit-424-mil
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Old 27-01-2016, 01:27 PM   #32
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1.655

CIMB Research 2015-12-09
Retain Add rating with an RNAV-backed target price of S$3.18.

DBS Research 2016-01-06
We maintain BUY on Global logistics Properties (GLP) with TP of S$2.73, pegged at 20% discount to RNAV.

OCBC Investment 2015-11-02
Maintain BUY with an unchanged fair value estimate of S$3.07.

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Old 27-01-2016, 01:31 PM   #33
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These folks are as good as weather forecasters..
No one can predict the sentiment of the market.

Btw anyone noticed that more than 90% of GLP shares are held by investors who hold 1,000,000 or more shares?
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Old 27-01-2016, 01:33 PM   #34
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Lau sai la... fml.

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Old 27-01-2016, 03:21 PM   #35
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Another tio short gao gao like M1 and singpost

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Old 04-02-2016, 08:58 AM   #36
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GLP’s 3Q earnings surge 67%, China operations shine

GLP’s 3Q earnings surge 67%, China operations shine

http://www.theedgemarkets.com/sg/art...erations-shine

SINGAPORE (Feb 4): Global Logistic Properties reported a 64% jump in 3Q earnings to US$184 million ($262 million).

This was due to its China earnings, which were up 50%, driven by higher asset values, rent growth and continued leasing of developments.

Leasing in China was up 27% and same-property portfolio rents went up 4.6% for the period.

Japan’s earnings also leaped 34% on the back of higher development completions of its logistic facilities.

Revenue increased 11% to US$199 million, owing to the completion of projects in China and the management fee income from GLP US Income Partners I.

GLP says it has completed US$516 million worth of modern logistic facilities during the period, which translates to US$67 million in development gains.

It remains confident it can meet its FY16 guidance.

GLP ended 2.7% lower at $1.62 on Wednesday.
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Old 04-02-2016, 09:12 AM   #37
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My Master is huat ah!
Wahkao got buy?

Conference call now

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Old 04-02-2016, 09:15 AM   #38
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GLP website lagging, since yest

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Old 04-02-2016, 09:30 AM   #39
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Time to chiong? Plus 5cents now... this company is cash rich. And expanding business despite economic slowdown.

Less than 40% debt.

Ceo says share price is undervalued, instructed to do share buyback. Bought back 2.2% of outstanding shares in the 3rd quarter.

Targets sustainable and consistent dividends.

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Last edited by Average; 04-02-2016 at 09:33 AM..
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Old 04-02-2016, 09:35 AM   #40
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this one on LT down trend from $3 to $1.66 currently
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Old 04-02-2016, 09:38 AM   #41
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this one on LT down trend from $3 to $1.66 currently
Dk leh... its a strong blue chip with gd management, growth and GIC as a major shareholder. Plus the share price already down more tham 40% from peak.

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Old 04-02-2016, 09:40 AM   #42
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Didn't GIC sold off 25% liao?
When?

I see from GLP annual report one.

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Old 04-02-2016, 09:42 AM   #43
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Dk leh... its a strong blue chip with gd management, growth and GIC as a major shareholder. Plus the share price already down more tham 40% from peak.

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The trend is your friend until it ends
(don't care GIC or who else is buying)
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Old 04-02-2016, 09:49 AM   #44
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I don't know, my Master advise to continue hold the ulu ang moh bank, contract manufacturing and metalworks stock.
Eh, those like no link to glp leh

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Old 04-02-2016, 10:08 AM   #45
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CEO Mei in closing remarks: ... our share price as of yest close @1.62, is extremely undervalued.

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