Singapore Land   

Sp Land

will go in at 6.90 :)

 

Hi shplayer,

Thanks for the info again~!

Have a great day ahead~!

 

zhenxian,

Think the reason for the fall is due to a recent report that office rents will stabilise by 2010 when new supply of office comes onstream plus general market sentiments. Besides this, I don't think there is any deliberate 'push' down in price. In the case of Ascott, there was quite a fair bit of 'married' deals on the way down. I don't observe this for SpLd.

Currently, at 7.14, it is trading at a slight discount to its NAV of 7.45........FYI.

Not vested....... 

 

Hi shplayer

Thanks for the reply~!

Do u have any comments on this counter? Do you know why it was falling for the past few months?

Will it be like Asscot and Capital Land issue? like pushing down the price and taking over at lower price.. cause this was a over $10 stock before.

 

zhenxian,

Total divident last year was 45c per share....(first&final and Special)....less tax. So, for each lot, shareholder will receive $450 x 0.82 = $369.

2007 first and final div should at least match 2006 cos, as of 3Q07, eps was already about 22 c. As to whether they pay special div or not is left to be seen. Special Div was due to gains on revaluation of properties.

 

 

just checked last year's dividend pay out :

(a) Current Financial Period Reported On
Any dividend recommended for the current financial period reported on? Yes


Name of dividend First and Final
Dividend Type Cash
Dividend Amount per Share (in cents) 20.0 cents per ordinary share
Tax rate 18.0%
Name of dividend Special
Dividend Type Cash
Dividend Amount per Share (in cents) 25.0 cents per ordinary share
Tax rate 18.0%


(b) Corresponding Period of the Immediately Preceding Financial Year
Any dividend declared for the corresponding period of the immediately preceding financial year? Yes
Name of dividend First and Final
Dividend Type Cash
Dividend Amount per Share (in cents) 20.0 cents per ordinary share
Tax rate 20.0%

 

that means every lot is $200?? the final year report should be here soon. Wonder whats the amount for this year :)

 

Director Lim Hock San bought 75 lots of SpLand from open at $7.183

 

looks positive tonight on US side.

So tml should be chiong for this counter tml?? :)

 

haha~

Hey Joshlai86, how u know the director is buying in??

Hmm.. according to past history of this counter for the past few months, when it fall near 52 week low price, the price will shoot up very fast.

 

well..dont want to pour cold water...dont expect gd news from US...as long as there is NO NEWS from US ..then that is GOOD NEWS liao..

this is dirt cheap? wait till u see Sp Land <$7 haha....akan datang...hee...tell me how not to make $$$ w/o SHORTING ?? short until i almost ki seow lately :P

 

think when some good news coming out from US that side again, this counter will chiong sia.

 

yea dirt cheap, 7.15 is the lowest, director buying in at 7.15.

 

really big discount now???