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1401-1420 of 2078
It could be time to revisit Yanlord again.. Perhaps 1 to 2 weeks time? :)
Let's see.
Star-Trader
ronleech ( Date: 08-Sep-2010 21:01) Posted:
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vol is thin ... it needs longer time to hit $2
ERICHAN ( Date: 07-Sep-2010 08:59) Posted:
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It will break the resistance...moving towards $2:)
On Monday, Yanlord broke its major resistance at $1.87 and closed at $1.88 with HIGH volume of 5.78 million shares traded.
A white candle sticks with long upper shadow suggest that profit taking has occurred and this breakout is lack of conviction.
Both RSI & MACD are bullish as MACD perform a “golden cross” today.
Important Resistance of Yanlord: $2
Immediate Support of Yanlord: $1.87
Currently prices are supported by the 50 days MA and resisted by 200 days MA
Although Yanlord managed to breakout of the major resistance at $1.87 and descending triangle but the last candle stick with long upper shadow made us wonder if this breakout can be sustainable.
Moreover 200 days MA is well known to be a strong support/resistance.
Assume that the breakout is successful, do watch the important support at $1.87 and see if this rally can be continued.
SEE ANALYSIS FOR SEMBCORP
It will be a very bearish signal if prices fall below $1.87 tomorrow.
ronleech ( Date: 05-Sep-2010 18:26) Posted:
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ERICHAN ( Date: 06-Sep-2010 09:21) Posted:
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On the uptrend....Although Q3 results releasing around Nov...but the buying sentiment of high end properties in China is still going strong :)
Another pisitive news from this counter:
3 Sept 2010 17:37hrs
YANLORD EXTENDS PRESENCE IN CHENGDU WITH THE CONCURRENT GRAND OPENING OF ITS FIRST INTEGRATED COMMERCIAL DEVELOPMENT, YANLORD LANDMARK AND GROUNDBREAKING OF ITS HIGH-END RESIDENTIAL DEVELOPMENT IN PANCHENGGANG
Hope it hit 1.9 tomorrow
Prices in by you huh? Announcement made on 31 Aug and this counter was moving side way for the past week with some dropping ... where got pricing in take place?
anyway, China government is moving into low middle class housing also, thus, smaller developer might have a better near term future..but as the established brand i think there is more to come. China housing contribute quite a big % for China GDP. I dont think their government wanna surpress it till their GDP turn neg-. Accumulate while you feel it is cheap cos when their government "release" them, they will sore to the sky.... our Mr FearValueGreed of $1.00 and $0.1 and $0.01 will left standing there to "lay long" again....
already price in stock valuation..
Wait for next year this time and see if similar deal will happen.
ERICHAN ( Date: 01-Sep-2010 15:02) Posted:
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PRESS RELEASE – Yanlord sells 84% of apartment units at Yanlord G53 on opening weekend
YANLORD ACHIEVES RMB708.8 MILLION IN PRE-SALES AT THE
INAUGURAL LAUNCH OF NANJING YANLORD G53 APARTMENT; SELLS
OVER 84% OF APARTMENT UNITS OR 361 UNITS IN THE OPENING
WEEKEND
(31
and together with its subsidiaries, the “Group”) announced today that it had sold 84.3% or 361 of the
428 apartment units during the first two days of the inaugural launch of Yanlord G53 Apartment
(“Yanlord G53”) in Nanjing on 28
RMB20,600per square metre (“sqm”) was achieved for the 34,409 sqm gross floor area (“GFA”) sold.
Total contracted pre-sales for the first two days amounted to RMB708.8 million.
Commenting on the inaugural launch of the apartment units, Yanlord’s Chairman and Chief Executive
Officer, Mr. Zhong Sheng Jian, said, “Sustained demand for quality developments by discerning
customers continue to drive our sales performance. While market uncertainties arising from the
introduction of regulatory policies by the PRC central government have impacted sales volumes
within the sector, the positive market response during the opening weekend for this inaugural launch
stands testament to the strong support and confidence that Nanjing residents place in the Group’s
ability to deliver quality developments and further reflects the Group’s brand equity as a leading highend
developer within China. Moving forward, we remain steadfast in our commitment to build
internationally recognized developments and will seek to consistently exceed the expectations of our
discerning customers. With the success of this inaugural launch, we are confident that our future
developments within Nanjing will mature into key drivers for the Group’s future performance.”
Yanlord G53 is the Group’s latest high-quality residential development in the rapidly expanding Hexi
New Area, Nanjing and continues the earlier success achieved by the Group’s earlier launch of
Yanlord Yangtze Riverbay Town Phase 1 in July 2009. With a total development GFA of 96,909 sqm,
the subsequent phases of Yanlord G53 will be progressively launched and are expected to contribute
significantly to the Group’s future development.
st August 2010 – Singapore/Hong Kong) -- YANLORD LAND GROUP LIMITED (“Yanlord”,th August 2010. Average selling price (“ASP”) of approximately### END
$1 coming soon