wahkao3
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no not that one
it was good before the acquisition announcement.
Now the price chiong up liao. no point. All the meat gone liao
2015 Jan-Some SGX property stocks present good value now
- Thread starter wahkao3
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it was good before the acquisition announcement.
Now the price chiong up liao. no point. All the meat gone liao
felixleong
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no not that one
it was good before the acquisition announcement.
Now the price chiong up liao. no point. All the meat gone liao
ya kep land no meat liao
FATA master
got any other tips to buy ma?
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Wheelock Properties, GuocoLand, GuocoLeisure, Ho Bee Land, Hiap Hoe, Bukit Sembawang, Sim Lian and Wing Tai.
Among the worst performers were Bukit Sembawang, GuocoLand, Wing Tai and Ho Bee Land, all hit by hefty share price falls.
Weak market hit property stocks in 2014, News, News, AsiaOne Business News
So which one are you referring to? I have a few of those on my watchlist.
Getting WT soon.
Among the worst performers were Bukit Sembawang, GuocoLand, Wing Tai and Ho Bee Land, all hit by hefty share price falls.
Weak market hit property stocks in 2014, News, News, AsiaOne Business News
So which one are you referring to? I have a few of those on my watchlist.
Getting WT soon.
Last edited:
Asphodeli
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GuocoLeisure got Singapore assets meh?
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Nope. According to it's investment page, it has investment in UK, Malaysia, some O&G, hawaii and fiji.
I'm just listing those which are properties investment in the SGX.
wahkao3
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huat lah! your WT chiong 5% today
jin sat ki!!
Sshhhsshhh... why you announce big big... still can slowly buy in... you keep waiting lor.
Asphodeli
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Hmm not sure if I should cash out or not...bought Roxy-Pac at $0.23 way back in 2008, then they issue bonus shares until I got double the amount of shares I got... 
not to mention the dividends they issue also...
not to mention the dividends they issue also...
wahkao3
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By Pooja Thakur
(Bloomberg) -- Blackstone Group LP’s Stephen Schwarzman, who correctly bet on a U.S. housing recovery, is now making a similar wager on Singapore’s luxury property market.
Singapore’s success in using administrative measures to cool its real estate market -- luxury prices have fallen about
20 percent in the past two years while Hong Kong’s have kept rising -- means the restrictions are likely to get lifted, the Blackstone chairman said last week. His firm has been investing in high-end developments over the past four months.
Property has become Blackstone’s biggest profit driver as record-low interest rates and a U.S. economic recovery pushed prices higher. With Singapore poised to hold elections in the next two years, Schwarzman’s call on the luxury segment is a timely one, property analysts said.
“Historically, the government wants to please people before elections,” said Alice Tan, Singapore-based head of research and consultancy at Knight Frank LLP. “They would not want to be seen as being too punitive, especially for an area like property, which Singaporeans like to own as an asset class.”
Blackstone, the world’s biggest private-equity fund, bought a 10-story apartment block and another 18 units in Singapore’s prime residential district since December. A group of Singapore investors in January bought 16 units at 111 Emerald Hill, a condominium project off the Orchard Road shopping strip.
Price Swoon
(Bloomberg) -- Blackstone Group LP’s Stephen Schwarzman, who correctly bet on a U.S. housing recovery, is now making a similar wager on Singapore’s luxury property market.
Singapore’s success in using administrative measures to cool its real estate market -- luxury prices have fallen about
20 percent in the past two years while Hong Kong’s have kept rising -- means the restrictions are likely to get lifted, the Blackstone chairman said last week. His firm has been investing in high-end developments over the past four months.
Property has become Blackstone’s biggest profit driver as record-low interest rates and a U.S. economic recovery pushed prices higher. With Singapore poised to hold elections in the next two years, Schwarzman’s call on the luxury segment is a timely one, property analysts said.
“Historically, the government wants to please people before elections,” said Alice Tan, Singapore-based head of research and consultancy at Knight Frank LLP. “They would not want to be seen as being too punitive, especially for an area like property, which Singaporeans like to own as an asset class.”
Blackstone, the world’s biggest private-equity fund, bought a 10-story apartment block and another 18 units in Singapore’s prime residential district since December. A group of Singapore investors in January bought 16 units at 111 Emerald Hill, a condominium project off the Orchard Road shopping strip.
Price Swoon
wahkao3
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wahkao3
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[ST/BT Cutouts] 'There's value in property counters'
30 Mar 2015 09:00
'There's value in property counters'
Section: MONEY COMPANIES
By: WONG WEI HAN
Publication: The Straits Times 28/03/2015
Maybank Kim Eng cites potential privatisation, easing of cooling rules
PROPERTY shares may offer good value for investors this year despite the sector's current struggles, a recent report suggests.
The possible upside may come from potential privatisation attempts by some firms and the prospect that the Government may ease cooling measures, Maybank Kim Eng said in the report.
Giving the property sector an "overweight" call, Maybank Kim Eng analyst Derrick Heng noted that developers with unsold units may consider de-listing to avoid penalties under the Qualifying Certificate (QC) rules.
As part of the rules, listed developers - which are technically defined as foreign developers - with unsold units within two years of a project's completion must pay an extension charge.
If affected developers seek to privatise, shareholders could expect strong valuation support from offers as recent privatisations have indicated, he noted.
"(The developer sector) trades at 0.7 times price to book value (P/BV) and a 39 per cent discount to revalued net asset value, well below recent privatisation offers of 1.06 times P/BV and 19 per cent discounts," he said.
Already, two developers have sought to privatise this year.
In January, Keppel Land's parent Keppel Corp and Popular launched cash offers that were 20 per cent to 40 per cent higher than their trading prices.
More may join the ranks, and Wing Tai would be the sector's top pick against this backdrop, Mr Heng said. "As Wing Tai has a large number of unsold units at its projects, Le Nouvel and Nouvel 18, we believe it is most susceptible to (QC) penalties…
"We believe the odds for privatisation are rising for Wing Tai, which trades at a much larger 52 per cent discount to its RNAV (revalued net asset value) than the 6 per cent average in the privatisation offers of Popular and SC Global," he said. SC Global was privatised in 2012.
To date, Wing Tai has not made any disclosures to suggest a delisting is imminent.
The privatisation of Ho Bee also cannot be ruled out as it has a public float of only 21 per cent, Mr Heng added.
Under exchange rules, if the public float - the proportion of shares in public hands and readily tradeable - falls below 10 per cent, the firm must be delisted.
Another factor is the possible easing of cooling measures.
This may also work in favour of shares of developers, particularly those with an exposure to the high-end segment.
Mr Heng said: "We believe property cooling measures implemented in recent years could be partially unwound this year.
"Home prices have tipped over, with private and public home prices down 4.9 per cent and 8.3 per cent from respective peaks in 2014's fourth quarter.
"Now that high-end home prices have declined to artificially suppressed levels, we believe the Government may review measures for this market first… We think the additional buyer's stamp duty quantum for foreigners could be relaxed, with the relaxation targeted at high-end homes."
Both Wing Tai and Ho Bee would also stand to benefit from this potential easing.
Wing Tai's residential properties form 60 per cent of its asset value, the majority of which are high-end properties that will benefit from a rebound in the segment. Ho Bee's Sentosa inventory may also see revived investor demand.
City Developments is another counter worth looking at, Mr Heng noted. Its move to establish new financial platforms - such as the recent profit participation scheme for its Sentosa assets - may unlock further value, while its high-end inventories are also poised for any market improvement.
whwong@sph.com.sg
*This article is reproduced with permission from The Straits Times/ The Business Times in its entirety.
30 Mar 2015 09:00
'There's value in property counters'
Section: MONEY COMPANIES
By: WONG WEI HAN
Publication: The Straits Times 28/03/2015
Maybank Kim Eng cites potential privatisation, easing of cooling rules
PROPERTY shares may offer good value for investors this year despite the sector's current struggles, a recent report suggests.
The possible upside may come from potential privatisation attempts by some firms and the prospect that the Government may ease cooling measures, Maybank Kim Eng said in the report.
Giving the property sector an "overweight" call, Maybank Kim Eng analyst Derrick Heng noted that developers with unsold units may consider de-listing to avoid penalties under the Qualifying Certificate (QC) rules.
As part of the rules, listed developers - which are technically defined as foreign developers - with unsold units within two years of a project's completion must pay an extension charge.
If affected developers seek to privatise, shareholders could expect strong valuation support from offers as recent privatisations have indicated, he noted.
"(The developer sector) trades at 0.7 times price to book value (P/BV) and a 39 per cent discount to revalued net asset value, well below recent privatisation offers of 1.06 times P/BV and 19 per cent discounts," he said.
Already, two developers have sought to privatise this year.
In January, Keppel Land's parent Keppel Corp and Popular launched cash offers that were 20 per cent to 40 per cent higher than their trading prices.
More may join the ranks, and Wing Tai would be the sector's top pick against this backdrop, Mr Heng said. "As Wing Tai has a large number of unsold units at its projects, Le Nouvel and Nouvel 18, we believe it is most susceptible to (QC) penalties…
"We believe the odds for privatisation are rising for Wing Tai, which trades at a much larger 52 per cent discount to its RNAV (revalued net asset value) than the 6 per cent average in the privatisation offers of Popular and SC Global," he said. SC Global was privatised in 2012.
To date, Wing Tai has not made any disclosures to suggest a delisting is imminent.
The privatisation of Ho Bee also cannot be ruled out as it has a public float of only 21 per cent, Mr Heng added.
Under exchange rules, if the public float - the proportion of shares in public hands and readily tradeable - falls below 10 per cent, the firm must be delisted.
Another factor is the possible easing of cooling measures.
This may also work in favour of shares of developers, particularly those with an exposure to the high-end segment.
Mr Heng said: "We believe property cooling measures implemented in recent years could be partially unwound this year.
"Home prices have tipped over, with private and public home prices down 4.9 per cent and 8.3 per cent from respective peaks in 2014's fourth quarter.
"Now that high-end home prices have declined to artificially suppressed levels, we believe the Government may review measures for this market first… We think the additional buyer's stamp duty quantum for foreigners could be relaxed, with the relaxation targeted at high-end homes."
Both Wing Tai and Ho Bee would also stand to benefit from this potential easing.
Wing Tai's residential properties form 60 per cent of its asset value, the majority of which are high-end properties that will benefit from a rebound in the segment. Ho Bee's Sentosa inventory may also see revived investor demand.
City Developments is another counter worth looking at, Mr Heng noted. Its move to establish new financial platforms - such as the recent profit participation scheme for its Sentosa assets - may unlock further value, while its high-end inventories are also poised for any market improvement.
whwong@sph.com.sg
*This article is reproduced with permission from The Straits Times/ The Business Times in its entirety.
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wing tai chiong 9% today!!!!!
Ikr, told u still can slowly buy in, bet you didn't buy because your pattern is like to wait until crash then buy, forever everything expensive.
wahkao3
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i bought!Ikr, told u still can slowly buy in, bet you didn't buy because your pattern is like to wait until crash then buy, forever everything expensive.
we huat together ah!
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i bought!
we huat together ah!
Wah, didn't u say expensive?
KNN
go up liao then say buy
people who are really confident of their picks and have done their homework, wouldn't be afraid to say they bought what stock
after that go up or down, they also okay one
only lowly creatures like cockroach hor... a stock go up liao, miss the boat but paisei try to roti prata say got buy LOL
go up liao then say buy
people who are really confident of their picks and have done their homework, wouldn't be afraid to say they bought what stock
after that go up or down, they also okay one
only lowly creatures like cockroach hor... a stock go up liao, miss the boat but paisei try to roti prata say got buy LOL
wahkao3
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i where to say expensive?
i said some property stocks present good value.
good value means expensive meh?
wahkao3
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privacy pls.....
even the stock market gurus charging thousand of dollars also keep their portfolio and track record private
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privacy pls.....
even the stock market gurus charging thousand of dollars also keep their portfolio and track record private
There are enough profit to go around.
Someone said that golden sentence in this forum before.
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