Ying Li Intl    Last:0.022    -0.001

Ying Li

sudden surge in trading vol.... maybe go some announcement....

 

I would like to increase my exposure too.......

 

keep watch for this counter too...time to bang up after upgrade....

 

Money talk UOB Kayhian... Ying Li  BUY@ SGD 0.44!! TG  price SGD 0.64

 

Ying Li-Likely more downside after bearish breaks

By Philip Teo 

Likely more downside after bearish breaks

Key supports violated. 
Ying Li International could see further correction after initiating bearish breaks below both its 2-year uptrend support and $0.41 key horizontal support on significant volume yesterday.

Indicator is bearish. 
The MACD has just fallen below the centerline, suggesting that the downside momentum is building up.

Next key support at $0.34. 
The counter could possibly slip further towards the next key base at $0.34 (key resistance-turned-support) in the weeks ahead.

Immediate resistance at $0.41. 
Meanwhile, $0.41 is now the newly established support-turned-resistance.

...last: $0.390...


 

 

ANDY YEW

 

Dismal 2Q13 revenue down 39% yoy to Rmb 89.4m, as sales of properties halved to Rmb 62.3m, which more than offset the 34% rise in rental income to Rmb 27.1m. Mgt notes fewer properties being available for sale as the bulk of completed projects were sold in prior periods. Net loss of Rmb 17.2m, from net profit of Rmb 39.6m yoy, due to big jump in admin expenses (specifically translation losses amounting to Rmb 11.4m) and finance costs due to change in accounting treatment for interest as the loans for the IFC project are now expensed upon completion of the project, vs a capitalization of interest expense in the past. The group will focus on devt of integrated properties in Chongqing, particularly in the Yuzhong district. Mgt believes it will continue to benefit from the strong fundamentals and rapid urbanization of Chongqing. Ying Li?s projects in the pipeline include: Ying Li International Plaza (expected completion 4Q13), San Ya Wan Phase 2 (expected completion over 2015-16), and the Chongqing Financial Street Project (expected completion 2016-17). Mgt expects the group to remain profitable for whole of FY13. Earnings will likely be back-end loaded, with the Rmb 974m cumulative contracted pre-sales at Yong Li International Plaza likely to be recognized when the project is completed in 4Q13. NAV stands at Rmb 1.46, which translates to valuations at 1.5x P/B, based on the last close of $0.445.

 

This YL picks up very fast. Can cheong.

sportyboy      ( Date: 07-Jun-2013 10:47) Posted: Cause no one take noticed of this counter for now.. All looking into Yoma...

 

Cause no one take noticed of this counter for now.. All looking into Yoma...

 

Taking a beating despite all the good news released. Why huh...

 

RMB260million of office space in Yingli Plaza sold !!!!!

Found this in China Website

http://news.cq.soufun.com/2013-06-04/10240118.htm

Vested...long.   Just load some more 

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据 悉 ， 本 次 开 盘 劲 销 2.6亿 元 ， 仅 不 到 两 个 月 的 蓄 客 ， 多 达 100位 品 牌 企 业 纷 纷 选 择 ， 还 有 4位 整 层 意 向 客 户 在 紧 密 洽 谈 之 中 。 在 如 此 短 的 时 间 ， 创 下 如 此 辉 煌 的 业 绩 ， 在 相 对 平 淡 的 写 字 楼 市 场 ， 可 谓 是 一 枝 独 秀 ， 树 立 了 重 庆 写 字 楼 逆 势 热 销 旗 帜 。

英 利 中 心 1号 ， 之 所 以 能 够 得 到 品 牌 企 业 的 一 致 认 可 ， 除 了 对 英 利 写 字 楼 专 家 品 牌 实 力 赞 赏 有 加 之 外 ， 也 对 大 坪 商 圈 的 财 富 前 景 充 满 期 待 。 据 了 解 ， 英 利 中 心 1号 ， 是 英 利 20年 产 品 精 髓 集 大 成 者 ， 位 于 大 坪 循 环 道 ， 不 仅 是 英 利 继 纽 约 •纽 约 、 未 来 国 际 之 后 的 升 级 作 品 ， 也 是 大 坪 只 此 一 栋 的 5A甲 级 地 地 标 写 字 楼 。 步 行 即 可 直 达 地 铁 1号 线 和 轻 轨 2号 线 换 乘 中 心 ， 立 体 式 交 通 路 网 覆 盖 全 城 。 另 外 ， 项 目 以 其 200余 米 的 建 筑 高 度 ， 傲 领 大 坪 商 圈 天 际 线 ， 未 来 将 成 为 大 坪 商 圈 全 新 地 标 。 除 此 之 外 ， 17部 高 速 电 梯 、 11.4米 挑 高 大 堂 、 顶 级 双 银 low-e玻 璃 幕 墙 、 顶 级 安 防 与 新 风 系 统 等 优 势 基 因 的 配 置 ， 也 是 市 场 广 泛 关 注 的 焦 点 。 目 前 ， 其 低 区 建 面 61-177平 米 低 总 价 甲 级 写 字 楼 ， 正 在 全 城 热 销 ， 中 区 升 级 作 品 加 推 在 即 ， 缴 2万 抵 10万 ， 限 时 优 惠 ， 抢 购 从 速 。

 

 

From UOBKH 27 May

Ying Li International Real Estate (YINGLI SP, 5DM) – 1Q13 results in line new strategy to be unveiled soon

 

Last price: S$0.485, Target Price: S$0.64

Ying Li's plans to transfer its retail malls into a REIT looks on track. We estimate the company could rake in 28 cents/share if Ying Li dilutes its ownershp of these retail assets to 30%.  Funds will most likely be redeployed for future opportunities. Management believes in the long-term growth prospects of Chongqing and sees several opportunities there. We are excited about the company’s new CEO, who has deep experience in China and could implement new strategies. It has also appointed three new directors to its board, who come with a wealth of corporate experience. For 2013, Ying Li will recognise the entire sales proceeds and profits from one of its commercial projects. This should drive its share price. Our target price is S$0.64, pegged at a 23.5% discount to our RNAV/share.

 

Technically, the stock may continue to trend up towards S$0.62 should it be well supported above S$0.48/0.42.

Disclaimer : Vested. Sharing analyst view. Not advocating anyone buy.

 

DBSV 21st May.

Ying Li’s 1Q13 revenue recognition was slow as expected, but margins were above expectatations. Four blocks of Int’l Plaza have been structurally completed and are expected to be delivered in 2013/2014. Phase V of Int’l Plaza (office) will launch pre-sales in June. Maintain BUY with S$0.55TP.

 

From UOBKH.

Maintain BUY but with a reduced target price of S$0.64, pegged at a 23.5% discount to our RNAV of S$0.83/share. This is in line with the average discount for Chinese developers under our coverage. We lower our plot ratio assumption for the San Ya Wan project to 2.2x from 3x but increase the ASP assumption to account for the change of use to higher-value commercial/residential mixed development.  Potential catalysts include the monetisation of its retail assets as well as new growth initiatives from its new CEO. Re

sults were within expectations as Ying Li can only recognised the sale of its properties upon completion. We see strong earnings growth for the year as the group has collected more than Rmb956m of pre-sales proceeds from the International Plaza last year. According to management, the main super-structure for most of blocks of the International Plaza has been completed and the retail mall has also secured 56.2% of contracted lease as of 1Q13. Ying Li is confident of launching the mall this year. For the San Ya Wan project, the company has gotten approval to increase the plot ratio from 1.6x to 2.2x but is awaiting the change of use from industrial to commercial/ residential mixed development. Piling and construction works will start by 3Q13. Although the new CEO Mr Ko has yet to reveal the strategic outline for Ying Li's future growth, he reassured analysts during the meeting that he is currently fine tuning the details before presenting to the new board of directors and will share with the public in due time.

 

...@ ballball ....

… posted doesn’t equal to vested …

… besides it is no good to meddle with too many counters, will listen to Taiwan 股 市 神 童 胡 立 杨 ’s advice to focus on 20 counters or so… … selection still work in progress …

 

 

My god.... Retail forever at mercy of trading house.

 

过 眼 云 烟   , can see you everywhere, blue, big, mid, small, penny....you have so many hopes....you are so rich.....

 

Singapore Daily Ying Li International: Little Affected By Cooling Measures Buy TP $0.61 We believe that Ying Li will be less affected by the recent property cooling measures. Reiterate BUY with target price of SGD0.61, pegged to 25% discount to RNAV. The new CEO may open up new opportunities for Ying Li. It is possible for Ying Li to explore other business models such as the integrated township projects. We are projecting strong EPS growth in the next three years on the back of strong pipeline of assets. We like Ying Li’s prime asset quality and its exposure to high-end commercial property sector in Chongqing. Maintain BUY.     ...Last Done: $0.495 ...

 

according to some of the china website, the office block of Yingli Plaza should be open for booking in towards the end of April 2013

hope to see some nice booking numbers which means building their cash pool.   A little concern with cash flow after Yingli recently redeem  the outstanding convertible bonds.

 

Seemslike no urgency in implementing the property control. As the come out with the fixed asset registration policy only implement next year june,  I believe the whole registration and implementation will also need time to be done.

出 台 并 实 施 不 动 产 统 一 登 记 制 度 。 （ 2014年 6月 底 前 出 台 不 动 产 登 记 条 例 ）