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Hi guys whats the latest movement for Japanland ?
Seems to be rather quiet these weeks.
At the present moment, you can queue at .105, and by closing time today, you are still queuing. Good luck queuing!
yes...time to buy in now...only buy at .105
hello knightrider what do you say --pls advice is it right time to buy japanland,thanks.
Will consolidation pay off big-time for Japan Land?
By LYNETTE KHOO
A LOOK at companies that have undertaken share consolidation indicates that many have not succeeded in improving their stock performance upon consolidation, and hence may not have fulfilled the very reason for undertaking such exercises.
Among them, Liang Huat saw its share price halved on the day its consolidated shares started trading. Hiap Hoe's shares have fallen by some 4 per cent from their consolidated share price since it made a five-for-one share consolidation in January. And Time Watch Investments has seen its share price returning to its consolidated price level after an initial surge from its 50-for-one consolidation.
Hence, it is not surprising that Japan Land's proposed consolidation drew flak from minority shareholders at its annual general meeting earlier this week.
As Japan Land heads for a share consolidation with the go-ahead from its major shareholders, which direction will its share price go, and can the company achieve what it has set out to do?
Oftentimes, companies undertake share consolidation to reduce price fluctuation, increase market capitalisation and make the issue more attractive to investors. And it is for the same reasons that Japan Land has decided on a 10-for-one share consolidation.
The management of Japan Land has revealed to its shareholders that there are a few Japanese institutional investors that have expressed interest in taking a strategic stake of more than 10 per cent in Japan Land, but feel uncomfortable with the low share price and high transaction costs. Hence, it makes sense for the company to beef up its share price above the penny-stock status to make them more appealing to these institutional investors. Upon consolidation, Japan Land's share price would be a shade above $1.
There are enough reasons to convince sceptics that the stock may yet escape the fate of many companies that have gone down the share consolidation road.
For one, the stock is deserving of a higher market capitalisation, especially since it is currently trading at an undemanding PE of 14 times. A steady stream of revenue that provides strong earnings visibility can also lend support to its share price going forward.
Within its mainstay real estate business, which is already making good money, a bright spot has recently emerged from its venture into an Internet data centre (IDC) project in Japan in collaboration with a leading Japanese IDC operator. The IDC project is set to be one of the largest in Japan when it is completed in 2008.
Even before its completion, the IDC has contributed $3.6 million in revenue for the year ended March 31 from Japan Land's provision of project arrangement and management services to the project. This revenue stream is set to grow as Japan Land receives consistent leasing fees.
Japan Land's executive director Leow Tet Sin told BT that the group is also considering building an IDC in Singapore with an operator that has a global client network, and this plan is likely to be concluded by this year.
Beyond its core business, Japan Land seems to have put on hold its intention to pare its 15.64 per cent stake in Japan Asia Holdings (JAH), the holding company of Japan Asia Holdings (Japan) Ltd, or JAHJ.
JAHJ is more than just a securities and asset management company, as it holds a prized 3.52 per cent stake in the soon-to-be-listed Tokyo Stock Exchange (TSE). Including the stake that it owns through JAH, Japan Land has a total effective shareholding of 14 per cent in JAHJ.
When listed, TSE will be the world's second largest stock exchange by market value. Assuming that TSE is worth at least US$15 billion, Japan Land's stake in TSE could be worth at least US$74 million, which is half its current market capitalisation of US$149.63 million.
There has been no mention of divesting JAH anymore in Japan Land's latest annual report for the year ended March 31, unlike in its previous reports where the message of disposing the stake to streamline its business was heard loud and clear.
Mr Leow told BT that the company now prefers to wait for the right opportunity to divest its stake in JAH and JAHJ to get the most out of the TSE listing. Hence, the divestment is unlikely to happen this year or in the first half of 2008.
For now, JAH and JAHJ will remain cash cows for the group, having contributed a combined yearly net profit averaging $5-7 million. Keeping them would ensure yet another steady earnings stream going forward.
So confident was its managing director Mitsutoshi Ono of the group's prospects that he stated in the company's annual report: 'Japan Land has entered exciting times.'
Shareholders might get a glimpse of those times when the company's consolidated shares start trading on Sept 11.
By LYNETTE KHOO
A LOOK at companies that have undertaken share consolidation indicates that many have not succeeded in improving their stock performance upon consolidation, and hence may not have fulfilled the very reason for undertaking such exercises.
Among them, Liang Huat saw its share price halved on the day its consolidated shares started trading. Hiap Hoe's shares have fallen by some 4 per cent from their consolidated share price since it made a five-for-one share consolidation in January. And Time Watch Investments has seen its share price returning to its consolidated price level after an initial surge from its 50-for-one consolidation.
Hence, it is not surprising that Japan Land's proposed consolidation drew flak from minority shareholders at its annual general meeting earlier this week.
As Japan Land heads for a share consolidation with the go-ahead from its major shareholders, which direction will its share price go, and can the company achieve what it has set out to do?
Oftentimes, companies undertake share consolidation to reduce price fluctuation, increase market capitalisation and make the issue more attractive to investors. And it is for the same reasons that Japan Land has decided on a 10-for-one share consolidation.
The management of Japan Land has revealed to its shareholders that there are a few Japanese institutional investors that have expressed interest in taking a strategic stake of more than 10 per cent in Japan Land, but feel uncomfortable with the low share price and high transaction costs. Hence, it makes sense for the company to beef up its share price above the penny-stock status to make them more appealing to these institutional investors. Upon consolidation, Japan Land's share price would be a shade above $1.
There are enough reasons to convince sceptics that the stock may yet escape the fate of many companies that have gone down the share consolidation road.
For one, the stock is deserving of a higher market capitalisation, especially since it is currently trading at an undemanding PE of 14 times. A steady stream of revenue that provides strong earnings visibility can also lend support to its share price going forward.
Within its mainstay real estate business, which is already making good money, a bright spot has recently emerged from its venture into an Internet data centre (IDC) project in Japan in collaboration with a leading Japanese IDC operator. The IDC project is set to be one of the largest in Japan when it is completed in 2008.
Even before its completion, the IDC has contributed $3.6 million in revenue for the year ended March 31 from Japan Land's provision of project arrangement and management services to the project. This revenue stream is set to grow as Japan Land receives consistent leasing fees.
Japan Land's executive director Leow Tet Sin told BT that the group is also considering building an IDC in Singapore with an operator that has a global client network, and this plan is likely to be concluded by this year.
Beyond its core business, Japan Land seems to have put on hold its intention to pare its 15.64 per cent stake in Japan Asia Holdings (JAH), the holding company of Japan Asia Holdings (Japan) Ltd, or JAHJ.
JAHJ is more than just a securities and asset management company, as it holds a prized 3.52 per cent stake in the soon-to-be-listed Tokyo Stock Exchange (TSE). Including the stake that it owns through JAH, Japan Land has a total effective shareholding of 14 per cent in JAHJ.
When listed, TSE will be the world's second largest stock exchange by market value. Assuming that TSE is worth at least US$15 billion, Japan Land's stake in TSE could be worth at least US$74 million, which is half its current market capitalisation of US$149.63 million.
There has been no mention of divesting JAH anymore in Japan Land's latest annual report for the year ended March 31, unlike in its previous reports where the message of disposing the stake to streamline its business was heard loud and clear.
Mr Leow told BT that the company now prefers to wait for the right opportunity to divest its stake in JAH and JAHJ to get the most out of the TSE listing. Hence, the divestment is unlikely to happen this year or in the first half of 2008.
For now, JAH and JAHJ will remain cash cows for the group, having contributed a combined yearly net profit averaging $5-7 million. Keeping them would ensure yet another steady earnings stream going forward.
So confident was its managing director Mitsutoshi Ono of the group's prospects that he stated in the company's annual report: 'Japan Land has entered exciting times.'
Shareholders might get a glimpse of those times when the company's consolidated shares start trading on Sept 11.
You can't compare like this, fundamentals are different. However, under such market conditions, it's hard to tell,, but I am sure it will not be like Twinwood, or Liang Huat.
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The volume seems quite weak for this... BBs are concentrating on other counters now?
monitor the screen properly....once a new buying price start wif buying of 1000share, means bbs r speculating it up...anytime fr now....
So when is consolidation taking place?
price down maybe due to Liang Huat..
price drop cos ppl fear that the meeting might be negative...they selling out of fear......if u r buying in on contra,my advice....dun play...if u buying in wif $, my advice...keep and reap....hint....take equation as reference after yesterday's halt....
What happened at the AGM? Really very curious, cos price is coming down.......
TuaPekGong, You so secretive, are you one of the directors? He he he he...
TuaPekGong9413,
Just saying that cannot justify anything leh? Can elaborate abit more....
ya, i oso noticed sudden selling @ 11.5cts.... wonder what's the reason (AGM?).... Vested 12cts...
Did you attend the AGM/EGM?
who ever selling away at 0.115 is gona lose out....cant reveal more
Those attending te AGM/EGM, do share with us what's disclosed at the meeting. Thank you.
Tmr is the AGM/EGM. Vol and price picking up in view of the proposal for share consolidation?