| Latest Forum Topics / Stamford Land Last:0.37 -- |
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Stamford Land rebound from 18.5 cents
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chinton86
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30-Mar-2010 09:51
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Lets dance to the bank | ||||
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tonylim2
Senior |
30-Mar-2010 09:25
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move higher and higher . High of 0.505 this morning. | ||||
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pharoah88
Supreme |
29-Mar-2010 18:52
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monitoring
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tonylim2
Senior |
29-Mar-2010 18:46
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For proerty company, PE ratio is less relevant than NTA. Dynons plaza will start to contribute from 1 April 2010 , so this project will supply consistent cash flow and dividend payout will also be more consistent. The 23 millions from the sales of 100C pasir panjang road will also add to cash flow, so higher dividend can be expected, at least 1.5 cts or more.
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mic1838
Member |
29-Mar-2010 17:57
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Dividends can be expected to be as high as 2.5c?????
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shplayer
Elite |
29-Mar-2010 16:42
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For the sake of forumers who don't follow STL closely, its financial year end is 31 Mar.. It will have to announce FY2010 results before end May. As of 3Q10 (31 Dec09), its eps is 1.95c. My est of FY10 eps is 2.6-2.8c. In good years, Co. is known to be pretty generous with its dividents. But at 47.5c (current price), its P/E is 17.6X....which is demanding and even if it declares div of 2.5c, its yield is 5.2%...... Fundamentally, the abovementioned indicators are not very attractive....but this counter is a valuation play. |
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tonylim2
Senior |
29-Mar-2010 09:00
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Spot on , if SL revalue all its assets, then the NTA will more more than 1.15.
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shplayer
Elite |
29-Mar-2010 08:30
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Probably the main factor STL is undervalued is cos the Aussie and NZ accounting rules does not revalue property assets annually (like Spore) but instead requires it to be depreciated. |
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VestedInterest
Member |
28-Mar-2010 21:05
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There is value because: 1. In their award winning hotel chain, the largest in Australasia. 2. Coming rental returns from their Dynon Plaza in Perth 3. Property market in Australia and NZ slowly picking up, not to mention the value of their currencies. Australia, rich in resources and commodities, has one of the strongest economies in the West and there is a strong likelihood that interest rates may be increased there again. 4. Some years back apart from the issue of selling the hotel chain, there was also talk about OCK looking into setting up a Hotel REIT from their hotel properties. 5. Great thing is that not many follow this counter, I mean analysts. |
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chinton86
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28-Mar-2010 20:59
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Premium for Managment. | ||||
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chaosdiablo
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28-Mar-2010 19:18
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Just check the account, it NAV is very low...not like guthrie that has a high NAV compared to current price.....why is it so good??? EPS from guthrie also much better than SL.........don't understand..... |
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tonylim2
Senior |
28-Mar-2010 18:28
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Should consider to buy in whenever there is price pull back. Hit 0.47 on last Friday. More price appreciation ahead. |
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chinton86
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17-Mar-2010 11:30
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GREAT. |
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Hulumas
Supreme |
17-Mar-2010 10:57
Yells: "INVEST but not TRADE please!" |
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Good.
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tonylim2
Senior |
17-Mar-2010 09:39
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0.45 seems has been formed as a strong support base. Good sign. | ||||
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chinton86
Veteran |
10-Mar-2010 20:58
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y so confident? i will be happy too if it is real thou i know have 7 lots |
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mic1838
Member |
10-Mar-2010 20:01
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Those who have this stock tomorrow continue huat big big..... | ||||
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shplayer
Elite |
10-Mar-2010 16:09
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Fundamentals are improving 1. Strong Aussie economy.... 2. Improving A$/S$ XC rate 3. NZ housing prices climbing.......starting in the cities.....Co. have approx 50 units (as of 31 Dec 2009) of the Auckland apts available. |
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chinton86
Veteran |
10-Mar-2010 11:33
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Seems that a new base is going to build at 45cents | ||||
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tonylim2
Senior |
10-Mar-2010 09:29
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Buyer(s) gobbled all up to 0.45 now. | ||||
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