Latest Forum Topics / Yanlord Land Last:0.645 +0.005 | Post Reply |
Lord of the China property market
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raymondyap
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07-May-2007 11:28
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This counter is on the move. Rumors that something is brewing... Anybody got any concrete news?? | ||||||||||||||
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ed88ks
Senior |
04-May-2007 10:18
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GET THE WARRANT .... | ||||||||||||||
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macdhighprob
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26-Apr-2007 22:07
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Yanlord - property development in China market, with major developments in major cities like Shanghai, Tianjin, Chengdu, Zhuhai etc. Prices have quietly moved down. Is there any accumulation now? Let's check the technical picture. |
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singaporegal
Supreme |
26-Mar-2007 19:50
Yells: "Female TA nut" |
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For the short term, it may be topping out. | ||||||||||||||
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burntbadbad
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26-Mar-2007 16:59
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techsys... Thanks for your advice. Intend to hold it for a while till speculation quietens down. Cheers |
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techsys
Master |
26-Mar-2007 16:36
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Keep holding it, as long as you bought it under 2.5 it's good. It's just because of market speculation. This thing is common. It will continue to grow, you just need to buy some time and add them into your investment. :) |
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burntbadbad
Member |
26-Mar-2007 16:11
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hiya seniors Is there any reason why this counter dropped so much today? Vested at 2.36 first time today but heartache to see it keep dropping while other counters are not affected. What is the outlook for this counter? Thanks and cheers |
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rickytan
Veteran |
25-Mar-2007 23:21
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the big boss/ceo is of the the 4th richest person in singapore..... |
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jackjames
Elite |
25-Mar-2007 20:22
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marky27? you made a loss in this counter? huh.. u bought at the high peak is it? 2.5???? anyway, I think it has great potential..EastonBay, do u have the pdf review of this counter , saying the target price is S$3.25, I am definitely interested in this counter.. by the way, anyone know why this china property stock is so hot as others like sunshine is trading pathetic at 0.35?? anyone can give me some light? | ||||||||||||||
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EastonBay
Master |
21-Mar-2007 17:09
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Such beautiful 'green'... think the hype is created by JP Morgan + Sunday Time's report on Yanlord Boss. Hope there's no hike in rate by Fed as it will certain to create a big dent to all property related counter.
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EastonBay
Master |
20-Mar-2007 16:08
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20 March 2007 YANLORD, jpm put new rating OVERWEIGHT with target price $3.25 - Initiate with OW We initiate coverage on Yanlord Land with an OW rating and a Dec-07 PT of S$3.25, implying 53% potential upside. The company, a leading high-end property developer focused in China, has a dominant position in seven cities and a total development pipeline of 3.2 million sq m. - Dominant in premium properties Yanlord's strong market position could be attributed to (1) an experienced management team; (2) a low-cost landbank at prime locations; and (3) an established brand name as a high-quality home-builder. As a result of its brand positioning, the Group can charge a premium price, and in turn, achieve strong financials. - Stock is oversold, in our view In our view, the market is assigning an unjustifiably low rating to this stock because of its short trading history in SGX, lack of analyst coverage, and most importantly, the impact of the recent LAT announcement. The impact of LAT, in our view, will be more limited than the market is currently pricing into the shares. Furthermore, funds raised from the IPO and recent concurrent offering will be deployed to expand quality landbank, which will further drive share prices. - Price target, key risks We derive our Dec-07 price target of S$3.25 by applying an 8% premium to our NAV estimate of S$3.02/sh. Key risk to our price target is any further government measure that seeks to dampen on the property market. |
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marky27
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10-Feb-2007 03:01
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yup looks like gonna stay low for good . . make a lost sold at 2.16 , 2.11 , 2.09 .. . .no more vested . | ||||||||||||||
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radi9red
Member |
09-Feb-2007 22:01
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Like it or not, the land appreciation tax is here to stay, which means it will eat into the profit margins. Judging from the daily sudden surge, this counter seems to be shorted downward. Most likely to hit $1.80 within this 1-2 mths. | ||||||||||||||
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marky27
Member |
08-Feb-2007 23:22
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guess tis one is 'dead' stock till new news . . | ||||||||||||||
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zhuge_liang
Supreme |
05-Feb-2007 13:39
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Property curbs on foreigners would be negative for Yanlord. Still on a downtrend. Foreigners in Beijing will be limited to buying a single home for their own use under new curbs imposed amid efforts to slow a surge inhousing costs, newspapers reported Saturday. Foreign home-buyers in Beijing will have to prove they have lived in China for a year for work or study, and will be barred from renting out the property. China's government is trying to restrain a jump in housing prices and cool an investment boom that Chinese leaders worry could spark inflation or a financial crisis. Beijing has mainland China's largest population of long-term foreign residents, including tens of thousands of Western and Asian business people, diplomats and others. The reports gave no indication whether other cities would impose similar curbs. The communist government began allowing Chinese families to buy homes in the 1990s, and later let foreigners buy real estate. The government still officially owns all land in China, but buyers of apartments and houses receive deeds valid for up to 70 years. The government warned last July that it would restrict foreigners' purchases in an effort to restrain prices and ensure adequate supplies of low-cost housing. Restrictions in the capital also apply to buyers from Hong Kong and Macau, which are Chinese territory but are treated as foreign economies by regulators, according to the reports. Spending by developers on apartments, office buildings and other real estate projects nationwide jumped by 21.8% last year, according to the government. Under a measure that took effect Thursday, developers will pay a value-added tax of up to 60% on new projects. Chinese leaders also worry that heavy spending on real estate, fueled by easy bank credit, could ignite inflation or cause a debt crisis if builders of ill-conceived projects default on their loans. Investment from Hong Kong and other areas outside China's mainland has poured into real estate. Some foreign investors apparently hope to profit from the rise of China's currency, the yuan, which would push up the value of mainland assets in foreign currency terms. Some projects, such as luxury villas, have been banned outright as the government prods developers to build more low-income housing. |
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singaporegal
Supreme |
29-Jan-2007 21:41
Yells: "Female TA nut" |
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Hi marky27, From TA charts, it still shows a downtrend. One day's price doesn't really mean anything. |
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marky27
Member |
29-Jan-2007 17:50
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Hi singaporegalElite, close at 2.20 and peak at 2.27 today. Is this counter on uptrend now ? | ||||||||||||||
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singaporegal
Supreme |
26-Jan-2007 21:50
Yells: "Female TA nut" |
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Seems to be on downtrend now | ||||||||||||||
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marky27
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26-Jan-2007 17:02
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Hmmm sound quite true. So u guys recommend to hold or sell since I'm still holding some lots on hand . |
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EastonBay
Master |
26-Jan-2007 16:39
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Think I found the answer from FinanceAsia.com. http://www.financeasia.com/article.aspx?CIaNID=44852&r=hstory Abstact: "The company is looking to raise a combined S$650 million ($430 million) from the fully marketed sale of new shares and convertible bonds, or more than twice the S$283.6 million it raised in connection with the June listing. .... .... People familiar with the offer say Yanlord is planning to sell about S$350 million worth of new shares and S$300 million of convertibles. The bookbuilding period started yesterday and will run until January 31 with the final pricing to be determined on February 2. According to the offering document the combined sale will involve the issuance of up to 324 million new shares. The new shares, which will account for about 8% of the company post-issue will be priced in reference to the share price of the existing stock. The price fell 4.7% yesterday after the announcement of the fund raising plan ? even as the Singapore benchmark index pushed on to a new record high ? and given the likelihood that the price will remain under pressure during the bookbuilding it is reasonable to expect that the discount will be ?reasonably tight,? one source says. ... |
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