Post Reply
1981-2000 of 2078
Actually it is great that the BB is suppressing this, so retail investor can buy when it is cheap, if the FA is good, and expecting TA to become good, just go for the plunge, soak up while it is cheap. Only problem is what is cheap? Relative, just need to know the FA and know the TA before it turn "buy me" and soak up. By the time TA says BUY ME then it will be too expensive to buy. So my bottom dollar still is understanding the FA first, then trade with TA and keep ear close to the ground. My chart say it will hit 2.5.
Buying volume back....watch out....
turned south..
BBs are suppressin the counter after buffin up the stock..
will hit back above $2.70 next week
due to china property prices post first on-year rise in six months:
China property prices post first on-year rise in six months
Posted: 11 July 2009 0208 hrs
BEIJING : China's urban property prices rose on year for the first time
in six months in June, official data showed Friday, in a sign the
sector is recovering thanks to government stimulus support.
Property prices in 70 major cities increased by 0.2 percent
year-on-year, the National Development and Reform Commission and the
National Bureau of Statistics said in a statement, following a
0.6-percent fall in May.
Chinese property prices fell 0.4 percent in December from a year
earlier as demand was battered by the global financial crisis. It was
the first decline since the economic planning agency started publishing
the figure in mid-2005.
Since October, the government has taken a series of measures,
including tax breaks and preferential rates for first-home buyers, to
avoid a crash in real estate, which accounts for more than 20 percent
of urban fixed investments.
The property market started to stabilise in March, when prices rose
0.1 percent month-on-month, and June marked the fourth month in a row
that prices increased.
In addition to favourable government policies, inflation
expectations due to a surge in new bank loans this year is also driving
the sector's rebound, analysts argued.
New loans for the first half of the year amounted to 1.1 trillion
dollars, Chinese media said this week, citing central bank figures,
after monthly new credit growth lingered at record highs over the
period.
"China's residential market has touched its rock bottom and is
recovering, however, at a pace faster than reasonably expected," Alan
Chiang, head of residential of DTZ China in Shanghai, told AFP.
"I would expect that bank lending shall be further tightened and mortgage interest rates shall rise."
Hi,
Does any 1 know when does Yanlord released their 2nd quarter 09 report?
Thanks in advance.
i feel different, hitting 2.6 is the final push of its rally. This will put a full stop the few month old rally. It will not hit 2.6 anytime sooner for at least now.
ronleech ( Date: 11-Jul-2009 10:19) Posted:
| Ya...closing 2.29...heard from my broker they gonna push it up as high as 3.15..this counter when dropped to 2.2++ it will quickly been pushed up to 2.4-2.6 in 1 or 2 days time. Saw the trading history, many 'big leg' got stuck at 2.6++..so expecting it to rush up to the level anytime..... bros and sis, just take note... |
|
Ya...closing 2.29...heard from my broker they gonna push it up as high as 3.15..this counter when dropped to 2.2++ it will quickly been pushed up to 2.4-2.6 in 1 or 2 days time. Saw the trading history, many 'big leg' got stuck at 2.6++..so expecting it to rush up to the level anytime..... bros and sis, just take note...
price being suppressed to low 2.3s from a high of 2.7 yesterday..
Any good news......??? Please post.
look at YL..
pump n dump..
Cannot be unfallable. Time to observe stop loss.
up fast down also fast, think because of recent china market , govnt stimulate plan, excessive cash pump into market ... property ...etc ...
maybe buble, SSE up too much liao, now open in RED, trade cautious
2.7!!! my goodness..
People still buy in that is for sure! Hightest hits 2.61. Magic stock with white candles all the way.
$2.6!!!...This stock is screaming overbought!!!
By looking at the TA graph, this stock still moving up but won't be long I guess. According to candlestick pattern, it will go up. However, selling indicators appeared in bothWilliam R% and Bollinger Band. Make you choice! For me, I will wait for another few days and sell it off.
China property price is going up high again , emm being speculate up......
Anyway now Yanlord too expensive too risk going in...
Read below news.
| |
 |
| |
A view of new office and residential buildings in the so-called central business district of Beijing
|
| |
|
| |
|
BEIJING : China's recent moves to ease curbs on the real estate sector have sent prices soaring recently, stoking fears that new property bubbles are forming, state media reported Friday.
Residential property prices in Beijing's Central Business District rose 6.5 percent in the past week and demand for second-hand houses in some other areas is four times the supply, said the China Daily, citing brokerage Homelink.
It said a land parcel in Beijing, which was withdrawn from a public tender due to a lack of bidders only 15 months ago, was auctioned off Monday for a record 585 million dollars.
"The bidders have gone irrational. A bubble in Beijing's property market is definitely there," Pan Shiyi, one of the bidders that day and chairman of leading developer SOHO China, said after the auction, according to the report.
In Shanghai, developers of the luxury Tomson Rivers apartments, priced at over 14,600 dollars per square metre (about 1,360 dollars per square feet), sold at least 10 units in June, the report said.
That compared with sales of only four units since the project was marketed four years ago, it added.
In the southern city of Guangzhou, the downtown housing price reached 1,600 dollars per square metre in May, close to the record high of 1,700 dollars in October 2007, the report said.
"One thing we are concerned about is whether there is a new bubble being shaped," the report quoted Gu Yunchang, secretary general of the China Real Estate Association as saying. "The possibility of a bubble is pretty big."
China's house prices have been rising fast in recent years with the country's economic boom.
The trend accelerated in 2006 and 2007, partly spurred by a growing stock market that prompted investors to place their windfalls in property.
As a result, the average home price in Beijing was 23 times a local family's average income in 2007, compared with levels of four to six times average incomes internationally, state media reported.
Fears the property market would suddenly collapse, Beijing launched a number of measures from September 2007 to curb speculation, including raising downpayments on second homes and banning loans to developers for land purchases.
The policies affected the industry severely, causing sales to slump and house prices to drop in dozens of major cities.
However, the financial crisis has forced authorities to relax the curbs, with local governments relying on preferential policies to boost demand.
Stamp tax on property purchases and value-added tax of land on property sales was lifted from November 2008 and minimum deposits for first-time home buyers was also slashed.
For those who can read chinese. This is the reason this stock gone up.
仁恒置地（Yanlord Land）分析师预计仁恒置地接下来几个月会传来
土地收购的消息。此外，6月的销售额料持续强劲，预计至少达到5亿元人民币。这将使得集团今年上半年的预售达到至少58亿元人民币
When the bubbles in china burst, it will fall to humble level.... Toooo expensive
This counter look very strong. Do not depend on US market.
Look like good to invest in long term run. All in CHINA market
Yanlord Land Group Limited (Yanlord) is a real-estate developer that is
engaged in the provision of apartment units, as well as commercial and
integrated property projects. The Company’s operations are located in
the People’s Republic of China (PRC). It revenues are from residential
property development and sales. Yanlord has retained an aggregate gross
floor area (GFA) of approximately 500,000 square meters spread across
Chinese cities, such as Chengdu, Tianjin and Zhuhai for the development
of commercial properties. On April 2, 2008, a subsidiary of the
Company, Yanlord Development (Tianjin) Co., Ltd. (YDT), acquired an
additional shareholding interest of 70.6% in Tianjin Yanlord Haihe
Development Co., Ltd. (TYHD). In December 2008, Yanlord Land Group
Limited announced that it has through its subsidiary, Shanghai Yanlord
Property Co., Ltd. (SYP), incorporated a wholly owned subsidiary in
Shanghai, the People’s Republic of China, known as Shanghai Yanlord
Yangpu Property Co., Ltd.
