Lets hold tight for a rocket surge towards $4 by end Dec 09.
hanwudi ( Date: 04-Dec-2009 00:10) Posted:
Price will continue to move upwards at least till Jan 10. Their Singapore devt is definitely a success with their devt located close to both IRs. Hold tight. $4 is reachable by end 2009. $6.50 may be a bit optismistic, but depends on their Tianjin devt and overseas devt, if it is sucessful; then may break towards $6.50.
never ever ever believe any analyst or fund manager or whatever they called themselves... do your homework and not buy/sell based on their "advice". Human being 99% are selfish... if got money to earn, why have to share with you for free - are you his biggest client??? If talk talk only, I can also tell you STI one day will hit 5000 - just a matter of time mah.... due to economic recovery, STI components change, population increase, blah blah blah...(maybe 10-20 years later )
I saw on bloomberg TV a fund manager from HK who picks kepland as his No. 1 stock pick for asia properties.
He says because office sector in s'pore should do very well when economic recovery takes place. Wonder if this will come through.
dealer0168 ( Date: 11-Dec-2009 23:22) Posted:
oooo no, see wrongly. Emm though citi is opting for buy on Keppel land.
Anyway im positive on Keppel land. Current BUY call is more than sell. If not wrong, this is the only one.
IR resort revenue will make them a pile of profit. N including oversea projects, their prospect look good.
Still VESTED with CONFIDENT.
Cheers
dealer0168 ( Date: 11-Dec-2009 22:38) Posted:
Remaining news from below article that was missed out:
Specifically, Citigroup is predicting:
“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies.
”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts.
“But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends.
”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.”
It is underweight on property developers and land transport; and neutral on telcos, media and REITS.
Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean.
oooo no, see wrongly. Emm though citi is opting for buy on Keppel land.
Anyway im positive on Keppel land. Current BUY call is more than sell. If not wrong, this is the only one.
IR resort revenue will make them a pile of profit. N including oversea projects, their prospect look good.
Still VESTED with CONFIDENT.
Cheers
dealer0168 ( Date: 11-Dec-2009 22:38) Posted:
Remaining news from below article that was missed out:
Specifically, Citigroup is predicting:
“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies.
”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts.
“But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends.
”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.”
It is underweight on property developers and land transport; and neutral on telcos, media and REITS.
Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean.
Remaining news from below article that was missed out:
Specifically, Citigroup is predicting:
“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies.
”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts.
“But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends.
”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.”
It is underweight on property developers and land transport; and neutral on telcos, media and REITS.
Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean.
CITIGROUP SAYS: Overweight financials, marine, healthcare in 2010
Written by NextInsight Team
Friday, 11 December 2009
“The STI will likely edge higher in early 2010, driven by a synchronized global recovery, inventory restocking and continued accommodative fiscal and monetary policies.
”Opening of the two integrated resorts (Marina Bay Sands & Resorts World), a strategic February budget (reflecting outcome of Economic Strategies Committees) and possible early elections are potential catalysts.
“But the STI rally may stall from mid 2010 as monetary tightening starts, fiscal stimulus fades and inventory restocking ends.
”The scope, scale and synchronized nature of global stimulus withdrawal next year would probably be unprecedented.”
It is underweight on property developers and land transport; and neutral on telcos, media and REITS.
Its top sell recommendations are Keppel Land, CCT and STX Pan Ocean.
Citigroup has a target price of S$14.06 on DBS.
FOR 2010, Citigroup analysts Chua Hak Bin and Ivan Lim recommend overweighting financials, offshore marine and healthcare.
The foreign broker’s top buy calls are DBS, UOB, SGX, Keppel, NOL, ST Engineering, Parkway and AREIT.
Its target for the STI is 3,250, based on 1.78 X price to book in 2010, or a modest upside of about 15%.
Should Singapore’s GDP growth exceed its current estimates of 6.5% for 2010 by two percentage points (8%), Citigroup believes that the bull-run will continue.
Totally agree with you...that is why I still holding my shares for this counter...
a bright future coming..........jia you~!!!
dealer0168 ( Date: 10-Dec-2009 23:08) Posted:
The IR project they involved in will definately be a good revenue for them. N add on to their oversea project prospect,........ooo this one worth more than current value.
A good long term investment stock. Above $5 should not be a problem in near future.............
Cheers.
sureesh40 ( Date: 08-Dec-2009 09:43) Posted:
I suppose it would take time for their overseas projects such as the eco-city project in China to add revenue growth to their company.
Maybe have to wait another couple of years to reach $6.50.
I am willing to wait. This used to be a $9 plus counter. But that was at the property boom peak. Hopefully another property boom will come again. It usually does.
The IR project they involved in will definately be a good revenue for them. N add on to their oversea project prospect,........ooo this one worth more than current value.
A good long term investment stock. Above $5 should not be a problem in near future.............
Cheers.
sureesh40 ( Date: 08-Dec-2009 09:43) Posted:
I suppose it would take time for their overseas projects such as the eco-city project in China to add revenue growth to their company.
Maybe have to wait another couple of years to reach $6.50.
I am willing to wait. This used to be a $9 plus counter. But that was at the property boom peak. Hopefully another property boom will come again. It usually does.
hanwudi ( Date: 04-Dec-2009 00:10) Posted:
Price will continue to move upwards at least till Jan 10. Their Singapore devt is definitely a success with their devt located close to both IRs. Hold tight. $4 is reachable by end 2009. $6.50 may be a bit optismistic, but depends on their Tianjin devt and overseas devt, if it is sucessful; then may break towards $6.50.
I suppose it would take time for their overseas projects such as the eco-city project in China to add revenue growth to their company.
Maybe have to wait another couple of years to reach $6.50.
I am willing to wait. This used to be a $9 plus counter. But that was at the property boom peak. Hopefully another property boom will come again. It usually does.
hanwudi ( Date: 04-Dec-2009 00:10) Posted:
Price will continue to move upwards at least till Jan 10. Their Singapore devt is definitely a success with their devt located close to both IRs. Hold tight. $4 is reachable by end 2009. $6.50 may be a bit optismistic, but depends on their Tianjin devt and overseas devt, if it is sucessful; then may break towards $6.50.
Price will continue to move upwards at least till Jan 10. Their Singapore devt is definitely a success with their devt located close to both IRs. Hold tight. $4 is reachable by end 2009. $6.50 may be a bit optismistic, but depends on their Tianjin devt and overseas devt, if it is sucessful; then may break towards $6.50.
remeber that this one could get 3 $ by end of this year which I said early of this year?
now it's beyond our expectation.
congratulations to all!
still hold!
dealer0168 ( Date: 03-Dec-2009 11:25) Posted:
Keppel Land Ltd: 87 out of 90 units at Marina Bay Suites sold
Summary: Keppel Land has reportedly sold 87 out of the 90 units previewed last week, fetching close to S$400m in sales proceeds. According to BT, six whole floors were bought by investors from Indonesia, Singapore and other Asia countries. The biggest transaction in absolute terms was close to S$45m and was for at least two whole floors - the buyer is said to be an Indonesian party. Purchases of entire floors in residential projects had slowed down since the onset of the crisis. Now, with buyers purchasing entire floors at this high end-end project, it further instill our confidence on the impact of the completion of the integrated resorts on the surrounding residential properties and the return of investor interests in the high-end property in Singapore. We maintain our BUY rating on Keppel Land with fair value of S$3.61. (Foo Sze Ming)