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

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Old 13-02-2016, 11:16 PM   #61
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I'm waiting.
NAV can also be misleading, subjected to valuation and it retrospective (not prospective) .. like you i am also waiting.

are you looking at 1.25 or 1.00, .. or 0.80
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Old 14-02-2016, 02:39 AM   #62
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I said GIC sold off 25% of their shares. Here is the news

http://www.reuters.com/article/gic-g...0BQ00N20130226
knn the avatar same as me, i thought this one is i say one
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Old 14-02-2016, 10:56 AM   #63
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NAV can also be misleading, subjected to valuation and it retrospective (not prospective) .. like you i am also waiting.

are you looking at 1.25 or 1.00, .. or 0.80
I will wait for the 4th round of drop for local Banks.. then see where GLP bottom at. Now still very hard to say.

Spoiler!
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Old 14-02-2016, 11:41 AM   #64
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I will wait for the 4th round of drop for local Banks.. then see where GLP bottom at. Now still very hard to say.

Spoiler!
i think that will be optimal actually
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Old 15-02-2016, 10:26 PM   #65
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Could Global Logistic Properties Ltd Be A Bargain Now?

https://www.fool.sg/2016/02/15/could...a-bargain-now/

By esjay - February 15, 2016

Global Logistic Properties Ltd (SGX: MC0) is a property investment holding company. More specifically, the firm owns, manages, and develops modern logistics facilities in four countries, namely, China, Japan, Brazil, and the United States.

The company announced its fiscal third-quarter earnings earlier this month. In the earnings release, Global Logistic Properties commented that it “remains mindful of the near-term challenges in the local and global economic environments.”

This could be one of the reasons why investors are pessimistic about the prospects of Global Logistic Properties as alluded to by the 37% decline in its shares over the past year to S$1.63 currently. With such a steep decline, let’s analyse the company’s finances to see if it could possibly be a bargain at the moment.

For this we will be using four metrics: The price to earnings ratio (P/E), the price to book ratio (P/B), the net debt to equity ratio, and the dividend yield.

Global Logistic Properties has trailing earnings of US$0.13 per share (approximately S$0.182 per share). At the company’s current share price of S$1.63, this implies a P/E ratio of 9. This is much lower when compared to the SPDR STI ETF’s (SGX: ES3) P/E ratio of 10.5. The SPDR STI ETF is an exchange-traded fund that tracks the fundamentals of Singapore’s market bellwether, the Straits Times Index (SGX: ^STI).

Moving on to the P/B ratio, at end-December 2015, the company’s net asset value per share stood at US$1.83 (around S$2.56). This gives Global Logistic Properties a P/B ratio of just 0.64, which means investors are getting the logistics outfit’s net assets (total assets minus total liabilities) at a 36% discount to their accounting worth.

Next, we have the net debt (total debt minus cash and equivalents) to equity ratio. Global Logistic Properties had US$4.49 billion in total borrowings and US$1.13 billion in cash and bank balances as of 31 December 2015. With an equity value of US$12.94 billion, the company has a net debt to equity ratio of 0.26. This looks relatively reasonable to me for a company that is still growing.

Lastly, Global Logistic Properties had paid a dividend of S$0.055 per share in its last fiscal year (year ended 31 March 2015). This gives the firm a historical yield of 3.5%. While not entirely an apples-to-apples comparison, it is lower than the SPDR STI ETF’s trailing dividend yield of 3.9%.

From the four metrics we’ve looked at, it seems like Global Logistic Properties is appealing from a valuation perspective (it has a reasonable dividend yield and a low net debt to equity ratio, P/E ratio, and P/B ratio). That said, the metrics shouldn’t be taken as the final word on the investing merits of the company – they merely serve as useful starting points for further research.
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Old 15-02-2016, 11:17 PM   #66
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https://www.fool.sg/2016/02/15/could...a-bargain-now/

By esjay - February 15, 2016

From the four metrics we’ve looked at, it seems like Global Logistic Properties is appealing from a valuation perspective (it has a reasonable dividend yield and a low net debt to equity ratio, P/E ratio, and P/B ratio). That said, the metrics shouldn’t be taken as the final word on the investing merits of the company – they merely serve as useful starting points for further research.
at pb 1.2, they say got potential, then it drop to 1.0.
people say got discount at 0.8, then dropped to 0.66.
i really want to get this - but i dunno when.

i guess its more of market sentiment - even with good result still drop.
when economy boom, any company with access to china and brazil - is wildly chased after, when economy down - run like anything.
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Old 02-03-2016, 04:19 PM   #67
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Bump for attention.
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Old 02-03-2016, 04:46 PM   #68
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at pb 1.2, they say got potential, then it drop to 1.0.
people say got discount at 0.8, then dropped to 0.66.
i really want to get this - but i dunno when.

i guess its more of market sentiment - even with good result still drop.
when economy boom, any company with access to china and brazil - is wildly chased after, when economy down - run like anything.
I followed this baby all the way down to the wine cellar at basement level 5, now she is leading me back up to the ground level, phew
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Old 02-03-2016, 06:28 PM   #69
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I followed this baby all the way down to the wine cellar at basement level 5, now she is leading me back up to the ground level, phew
So you now, drinking wine at top penthouse or you zoom out?
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Old 02-03-2016, 07:05 PM   #70
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knn, i actually got q this at 1.72, but unfortunately din get
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Old 02-03-2016, 07:43 PM   #71
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today rally 8%
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Old 02-03-2016, 08:11 PM   #72
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today rally 8%
Short covering
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Old 02-03-2016, 08:33 PM   #73
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Noted, pls inform us when it is good price to buy...
Im fully invested in glp, not buying anymore. Last entry was one day b4 results at 1.605. Avg price abt 2.0x, pls undercut me, most welcomed lol.
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Old 02-03-2016, 10:11 PM   #74
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Short covering
everyday short covering lol
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Old 02-03-2016, 10:15 PM   #75
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All the latest research reports have TP near $3... lol thats when i first started buying glp, in $2 to $2.3 range. That time 1.95 veh strong support, buy there sure huat but now broken...

Last edited by Average; 02-03-2016 at 10:19 PM..
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