Keppel Land   

Kepland

i did not buy mothershare but i got the rights..now waiting to convert to mothershare.. hope this counter can cheong somemore...any reasons for the spike today?

rage11      ( Date: 28-May-2009 10:39) Posted: miss the chance to load up @ 2...now cheong so high liao 2.28 le... still can load up?

 

Sigh...  this is one of the frustration when we are looking at shares. 

Who did not meet the followings?

Kepcorp 3.35, Kepland 0.7, SPC 1.77, Kep T T 0.68, DBS 6.4, just list a few recent low...

So it is interesting to play share. But one must decide somehow to act or choose to wait.

by the way hindsight is always correct. but very often it does not help much.

rage11      ( Date: 28-May-2009 10:39) Posted: miss the chance to load up @ 2...now cheong so high liao 2.28 le... still can load up?

 

miss the chance to load up @ 2...now cheong so high liao 2.28 le...

still can load up?

 

I disagree. I suspect that sale of SPC was due to other reasons which I cannot say here

matthewsoh      ( Date: 26-May-2009 22:59) Posted: The answer to the sale of SPC by keppel corp will be out in no time. The possible reason has to be the expansion of properties in SEA and China. Sell oil to petrochina and chinese govt passes mega projects to kepland and kepcorp. Mutualism works this way . I wont be suprised by some big news in a few week times. I finally see some links altogether... and hope it goes what i feel now. I am not an insider....

 

Sweet! 18 cts rise. The PE for Kepland is still abt 4 to 5. Nowhere near Capitaland n Yanlord(I think should already be abt 14 times). Way to go!

 

I'm keeping. To me, lately a lot of surprises like capland, spc etc. Betting on this one.
Anyway, if falls by 10%++,  will decide later. Now quite stable.

They had just called rights ==> will use money for something? What then? Maybe something good for future business. So i'm keeping.

Also, CIMB reported market might hit 2600++ next yr.... so property will benefit in the recovery.

 

 

The answer to the sale of SPC by keppel corp will be out in no time. The possible reason has to be the expansion of properties in SEA and China. Sell oil to petrochina and chinese govt passes mega projects to kepland and kepcorp. Mutualism works this way . I wont be suprised by some big news in a few week times. I finally see some links altogether... and hope it goes what i feel now. I am not an insider....

 

Tat's wat some pple tot abt Capland during the rights trading too. Haha...

 

yes I think this counter will go down for a while because of the dilutive effect of the rights issue. But I think the long term fundamentals are still strong, but i think must keep for a few years to reach it's full potential. One potential risk is it it's parent keppel corp will divest kepland

 

I think price will go down.. investors will take this chance to make profit first..

any other opinion? 

Chua_01      ( Date: 25-May-2009 20:06) Posted: anyone can advise after the nil pay right  r after 2 June 2009 , will this counter any potential going up ?

 

anyone can advise after the nil pay right  r after 2 June 2009 , will this counter any potential going up ?

 

Haha, with everything so expensive right now I really wish you are right and Keppel Land will plunge again so I can BUY. Now really no idea wat to enter into...

TuaPekGong9413      ( Date: 20-May-2009 11:21) Posted: better be cautious abt property stock....rem...property still down....what abt those ppl who lapse in rental payment? did the developers announce that? so far they have not announce any bad news...are we sure there's no bad news? always the trap is ppl buy high when the times reem rosy...then in the end kana stuck...those big players will be selling away high when they have accumulated low when times are bad...be cautious...be very cautious..

 

better be cautious abt property stock....rem...property still down....what abt those ppl who lapse in rental payment? did the developers announce that? so far they have not announce any bad news...are we sure there's no bad news? always the trap is ppl buy high when the times reem rosy...then in the end kana stuck...those big players will be selling away high when they have accumulated low when times are bad...be cautious...be very cautious..

 

Good... looks like channel broken, it is on the way up finally. the dust created on the XD day with wild swings should have more or less settled after these few days and we should see this stock catch up with Capitaland soon. No reason why all other ppty counters trading above RNAV and only Kepland trading so much below.

 

i am optimistic that KepLand will move up too. Look at the other property plays eg Capland, it is trading at 3.25 now, which represents 96% of its estimated RNAV.

Kepland's estimated RNAV is $2.40, and at $2, it is only 83.3% or trading at a discount of 17%. Given the improved sentiments for the property market and the fact that Kepland has just done its rights issue, I don't see much more downside to this stock. Should see a catch up with other property counters once the dust settles. Vested and looking to buy more at this price.

 

Nice, above 2 now. Reminds me of Capitaland this stock. In fact has a high greater than Capitaland. Bought at 2 for Capland that time, sold too early, made $ but not very pleased with myself. Let's see wat this stock can do past June. Yo Kensonic, hope u still in this too! Cheers!

 

Let monitor the "nil-paid" Rights Trading tomorrow...

 

So fast? I have a feeling that this stock will behave like Capitaland. It dropped to 1.70 after the rights issue but cheong back up to 3 plus n hasn't looked back. That was at the beginning of the year. Sentiments seem to be holding better rest of the year with a few dips along the way likely. Anyway, I'll be holding mine till at least $6. Good luck and thanks for the tips Kensonic!

 

Contra off at 1.91... Will be back tomorrow...

 

 

Kensonic77      ( Date: 18-May-2009 10:33) Posted: Went in at 1.82 for intraday trade...  Will buy more at 1.52 E-war      ( Date: 18-May-2009 10:28) Posted: Wat's ur ideal price entry man?

 

I think they value at 1.35. So scrip is still better. Anyway, not a lot. I opt for scrip. Will collect more for $6 in future.

TuaPekGong9413      ( Date: 15-May-2009 22:53) Posted: I receive the letter too.going for the cash. This counter will hover around $1.50 once the rights are over. Price will  be back to before the recent rally started. Rem...property mart not recover yet.