bon3260.. wad ya mean GLP will reach 2.40? 

 

saturn, read this,

katak88      ( Date: 08-Dec-2010 09:10) Posted: WRITTEN BY THE EDGE    WEDNESDAY, 08 DECEMBER 2010 08:41 Global Logistic Properties (GLPL.SI) (GLP) shares may come under pressure after it was reported the firm’s non-compete agreement with US rival ProLogis will expire in February, which may lead to stiffer competition for GLP in China. Under the non-compete clause, ProLogis is prevented from acquiring and building logistic distribution facilities in China, while GLP cannot acquire and build such properties in Japan, the local press reported, citing unnamed sources.

 

If the news is good then YES the price will go up. If the news is bad then................

saturn      ( Date: 08-Dec-2010 11:42) Posted: Most of the time stocks will rise after halting. Let hope the same thing will happen for GLP....................

 

Most of the time stocks will rise after halting. Let hope the same thing will happen for GLP....................

 

Thank you.

Waiting for Co.' announcement before further action.

Bon3260      ( Date: 08-Dec-2010 09:26) Posted: AnthonyTan, Bigman was posted during 12:48am ydae midnite. Look @ his posting's clock. Juz beside e date... ('',) AnthonyTan      ( Date: 08-Dec-2010 09:08) Posted: The only share px. done is $2.16. How do you manage to vest today @ $2.18? How do you do it?

 

GLP'll reach 2.40.

 

('',)

 

Note: As @ 07-Dec-2010, GLP close 2.18.

 

last week good announcement also keep dropping lower, now with this non-compete thing, is it going to uplorry?

 

wah.. i also got done at 2.18 today! omg.. when i thoughgt it could not go any lower.. anyone has any idea how bad this news is or what are the long term effects are on the company and stock price?

 

AnthonyTan,

Bigman was posted during 12:48am ydae midnite.

Look @ his posting's clock. Juz beside e date...

('',)

AnthonyTan      ( Date: 08-Dec-2010 09:08) Posted: The only share px. done is $2.16. How do you manage to vest today @ $2.18? How do you do it? Bigman      ( Date: 08-Dec-2010 00:48) Posted: I think so.... vested today @ 2.18

 

WRITTEN BY THE EDGE

WEDNESDAY, 08 DECEMBER 2010 08:41

Global Logistic Properties (GLPL.SI) (GLP) shares may come under pressure after it was reported the firm’s non-compete agreement with US rival ProLogis will expire in February, which may lead to stiffer competition for GLP in China. Under the non-compete clause, ProLogis is prevented from acquiring and building logistic distribution facilities in China, while GLP cannot acquire and build such properties in Japan, the local press reported, citing unnamed sources.

 

The only share px. done is $2.16.

How do you manage to vest today @ $2.18?

How do you do it?

Bigman      ( Date: 08-Dec-2010 00:48) Posted: I think so.... vested today @ 2.18

 

Don't think so. Check BT today. Its non-competitive rights in China expires in 2011.

 

I think so.... vested today @ 2.18

 

good to buy?

 

Prospect of STI counter?

enghou      ( Date: 01-Dec-2010 16:46) Posted: Growth on Track; Buy Maintain with Target Price at $2.73, by CICC Ltd Reasons: (1) Market leadership in China and Japan  (2) Low risk profile with large expansion potential (3)Great industrial opportunities and further asset value growth ahead.   Make love more, don't make more enemies

 

Growth on Track; Buy Maintain with Target Price at $2.73, by CICC Ltd

Reasons:

(1) Market leadership in China and Japan 

(2) Low risk profile with large expansion potential

(3)Great industrial opportunities and further asset value growth ahead.

 

Make love more, don't make more enemies 

 

Global Logistic Properties, Buy S$2.22 , Bloomberg: GLP SP
Price Target : S$ 2.76
Bright outlook intact
By: MunYee LOCK/DBSV



    ·                 2QFY11 results within street estimates

    ·                 Accretive activities to boost valuation and earnings

    ·                 Maintain Buy with TP S$2.76


Sterling maiden results.  In its maiden set of 2QFY11 results (July-Sep
2010) that reflects the Japan and GLPH reorganization on a
combined/proforma basis (IPO on Oct 18), GLP’s Q2 PBT rose 160% yoy to US
$95.1m on 13% growth in revenue to US$113.3m. Bottomline more than doubled
to US$85.4m. The better performance was due to completion and stabilization
of 0.2msm of new space in China , a slight uplift in Japan operations, a
6.9% appreciation in the Yen/USD exchange rate and a revaluation surplus of
US$11.6m from the Japan portfolio. Excluding revals, EBIT and PATMI would
have been US$102.9m and US$74.2m (+98% yoy), respectively.

Value and earnings accretion from development pipeline.  In terms of
geographic breakdown, 87.5% of EBIT came from Japan and the remaining from
China. During 1HFY11, the group saw an average 0.106msm/mth of new and
expansion demand for its China assets, which raised occupancy from 84% to
91% while Japan continued to experience a high take up rate of 99% with a
WALE of 6.4 yrs. Looking ahead, the group’s China development pipeline
remains robust with 0.3msm of completed and prestabilised properties and
another 3.1msm of development properties and landbank. Of this, the group
has commenced construction of 0.6msm of new space in China . When completed
and leased, we expect these new GFA to contribute positively to bottomline
and valuation. The group has indicated it is looking to finalise the
acquisition of a 53.8% stake in a company located in a Tier 1 city in China
by end FY11 and is also on the lookout to continue building its landbank
and market leadership position. Talks to set up its Japan development fund
are ongoing.

Maintain Buy, TP S$2.76.  Our sum of parts valuation of S$2.76 captures the
value of the underlying assets and potential reinvestment opportunities
from deploying its debt headroom (33% leverage @ Q2, 16% including IPO
proceeds). Our TP of S$2.76 is pegged at parity to valuation and offers 25%
upside.

//DBSV

 

Singapore
Global Logistic Properties [GLP SP] - Buy : Core earnings appear to be tracking expectations ( S$2.22 / PT: S$2.58 ) 
Tony Darwell
Global Logistic Properties core operating earnings appear to be in line with our expectations with the group according to management “on track” in its build-out of its land-bank. GFA starts in 1H11 were 0.6mn sm. Demand in China remains firm with net demand in the portfolio increasing 106,348sm on the back of new completions and a marginal increase in occupancy. We retain our earnings estimates, price target and BUY call.

/nomura/

/icameireadiposted FYI only/

 

 

Hopefully goes up but may not sky rocket seeing the market sentiment unless overall market gains confidence.