Allgreen   

Allgreen - Can buy ?

If you want to get more materials that related to this topic, you can visit: Real estate investor checklist

 

Best regards.

 

Heeeee........hahahahahaha..........heeeeeeee.............CDP -----> Kwok -----> $$$$ -----> Hahahah ------> OCBC

hambim336      ( Date: 15-Jul-2011 16:26) Posted: Hi   I read some opinions in this topic. I do not agree above ideal. We can find out some articles at about.com by using Google search.

 

Hi

 

I read some opinions in this topic. I do not agree above ideal. We can find out some articles at about.com by using Google search.

 

Why is this counter so weak?

 

Allgreen went down to 99 cents recently , n  having a technical rebounce , the share price went up to $1.10 again touching the neckline . Came down very fast yesterday after forming a evening star in the previous day .The rebounce may be over n downtrend may resume .

Bintang      ( Date: 16-May-2010 12:31) Posted: After making the triple top formation at $1.30  , Allgreen came down rapidly to reach $1.10 recently . DIs are negatively placed n ADX is at 27 . Unfortunately it went below its 200MA , n short term moving averages are crossing the long term moving averages above the share price .In the near future , the resistance at the 200MA may stop the share price to go further up . Any rebounce maybe a opportunity to sell into strength .

 

Allgreen acquires adjacent site in Hebei project for $4m

Tags: Allgreen Properties

Written by The Edge

Tuesday, 18 May 2010 18:08

Allgreen Properties its China unit, Ruihe Real Estate (Tangshan) Co., has acquired a 6,339 sqm site in Tangshan City, Hebei Province for $3.9 million. The new site is adjacent to one of the two existing Tangshan sites (acquired in 2009 for a hotel and residential development) and will be integrated with the existing hotel site for a better configuration of the proposed hotel development. The aggregate area for the three combined sites is 101,107.13 sqm. Ruihe is a China joint venture company formed by Allgreen Properties together with Kerry Properties Limited and Shangri-La Asia Limited in their respective equity ratio of 25% : 40%: 35% to develop the hotel site. The maximum total investment cost for the 3 combined sites remains unchanged at approximately RMB2.1 billion to be contributed by the parties in accordance with their respective equity interest and by external borrowings

 

Controlled share, hard to trade but good to invest!

Bintang      ( Date: 16-May-2010 12:31) Posted: After making the triple top formation at $1.30  , Allgreen came down rapidly to reach $1.10 recently . DIs are negatively placed n ADX is at 27 . Unfortunately it went below its 200MA , n short term moving averages are crossing the long term moving averages above the share price .In the near future , the resistance at the 200MA may stop the share price to go further up . Any rebounce maybe a opportunity to sell into strength .

 

After making the triple top formation at $1.30  , Allgreen came down rapidly to reach $1.10 recently . DIs are negatively placed n ADX is at 27 . Unfortunately it went below its 200MA , n short term moving averages are crossing the long term moving averages above the share price .In the near future , the resistance at the 200MA may stop the share price to go further up . Any rebounce maybe a opportunity to sell into strength .

 

I also acc recently.......but confirm it is not programmed because it is cheaper to man a human over a computer in Singapore.....heeeee

paul1688      ( Date: 11-May-2010 16:33) Posted: I am totally aligned with the strong long term prospect of Allgreen.  Noticed a sudden selling surge from 4.30 pm today.  Wonder if it is some programmed selling by some fund(s).   Disclaimer : Vested.

 

I am totally aligned with the strong long term prospect of Allgreen.  Noticed a sudden selling surge from 4.30 pm today.  Wonder if it is some programmed selling by some fund(s).

 

Disclaimer : Vested.

 

This counter has not moved much today.. Fundamentally looks good ..Let's see how it performed tom.

 

NAV  S$1.50 

TARGET  S$2.00 ?

 

Dear Allgreen Investors,

If you refer to the annual report, gross floor area of properties yet to be launched (remaining 221 terraces of Pavilion Park, Cascadia at Bukit Timah Road, RV at River Valley, Riviera 38 at Mar Thoma Road, RiverBay at Mar Thoma Road, SkySuites@Anson, Project at West Coast Road, Suites at Orchard), they totalled approx 1.94 million sq ft, assuming S$ 1200 psf (conservative), it means potential sales revenue of S$ 2.32 billion, say over next 2 years, it will mean revenue of S$ 1.16 billion per year. If the sales launch is carried out over 3 years, it means potential revenue of S$ 776 million/year.  Note that these figures easily exceed the current revenue for FY 2009 of turnover of s$ 620.8 million. Of course, if the revenue includes that of the rental/hotel business from Great World City/Traders Hotel, Tanglin Mall, the turnover will easily beat the current revenue, which means that Allgreen has room for growth i.e. growth stock.

In addition, as Chairman Goh correctly pointed at the AGM on 28 April 2010, there are 9 projects in 6 cities in China which are progressing well and should bring in significant profits in 2012.  Watch out for it, if you are medium to long term investor of Allgreen.  Chairman Goh also mentioned that to enhance shareholders' value, Allgreen may consider share buy-back in 2010. Another plus factor for Allgreen.

Looking at the above favourable positive points for Allgreen and the current booming property markets driven by solid demand and Singapore GDP expected up to 9% growth in 2010 and USA expected to announce growth of 3.4 % today, there is possibility that Allgreen may breach its previous peak of S$ 2.28 established in mid 2007, during earlier bull run for property and stocks.  Just have to be patient for STI to breach 4000 pts and Allgreen has good chance to hit above S$ 2.  It is highly possible considering that NAV of Allgreen is S$ 1.50 and S$ 2 is only 30% above its NAV, which is what other developers' posistions are.  Good luck and best wishes....

 

Yo yo yo....right. Hope it break further upwards..........

Cheers.

 

A good up today...... not bad. Hope tomorrow continues...............UP

des_khor      ( Date: 29-Apr-2010 14:08) Posted: I think can buy a bit as the market not all green....

 

I think can buy a bit as the market not all green....

 

Allgreen Properties (A16.SG) is up 1.6% at $1.25 as 1Q10 profit improvement, undemanding valuation (trades at 0.82x P/B) draws buyers, says Dow Jones. “We believe the stock has lagged the run-up in the physical market,” says UOB KayHian, which has a “buy” call with $1.50 target; adds developer’s hotel, serviced apartment businesses expected to fare better in 2010 on increased tourist arrivals with Singapore’s two casino-resorts now in operation. Credit Suisse, which has “outperform” call with $1.60 target, says Allgreen has edge over peers as it still has 1.5 million square feet of land bank to capitalise on firm housing demand, while other developers have mostly depleted their land banks.

 

good good to get some confidence from u all, then my heinikken can upgrade to sapporro...

God_of_War      ( Date: 28-Apr-2010 21:42) Posted: AGREED, CHEERIO dealer0168      ( Date: 28-Apr-2010 21:41) Posted: Why not. A good result. And now Dow is recovering n trading in green. Let see tomorrow. Cheers.

 

AGREED, CHEERIO

dealer0168      ( Date: 28-Apr-2010 21:41) Posted: Why not. A good result. And now Dow is recovering n trading in green. Let see tomorrow. Cheers.

 

Why not. A good result. And now Dow is recovering n trading in green.

Let see tomorrow.

Cheers.