Nothing is spared today... Even my most defensive 'baby' also kenna badly.....
yep. thanks davidxiao. :) 55c on an uptrend is my next entry level. separating out buys into small portions....
miserable market. erk.
Sorry... typo error... shld be ...support level.....
Hi elf,
l agree with shplayer that it worth to fish. The resistance may at $0.555.Just my 2cent
thanks. elf starting to fish this counter for 4Q of year. very, very slow fishing tho. :)
elf,
According to latest AR (YE 31 Mar 07), top 20 shareholders hold 68.56% and shareholders with >1 mil shares hold 72.74%.
hi shplayer, what's the % of stl that is in top shareholders hands? have been waiting for this counter to finish its downtrend. it's on my watchlist for 4Q of year. prob with the dow now, no hurry tho. quite weak; but less because of the stock itself, more cos of overall sentiment.
Hi,
Can someone kind enough to explain under substantial shareholder in the financial statement , what is the difference between direct interest and deemed interest?
Cheers,
Anything.
shplayer, thanks for the info.
xd is 6 Aug....money in the bank is 21 Aug.
ChinChye, so what's the ans?
Hmm... sorry.. i got the ans from SGX..
THks shplayer..
I am also eagerly waiting for Mr Ow unlock this stock... just a question, this stock is CD... when will we receive our dividends?? Is it T(XD date) + 9 ??
Cheers,
Anything.
Adding to my earlier post.......since I got my fingers burnt in margin trading over the Pan El crises, I swore off margins.
So, confident am I in this counter, I am seriously considering taking up some margins to accumulate more of St Ld........but not borrow to the hilt......probably up to about 50% max.
The other counter I may take margins for is Chuan Hup....... but the yield for CH is not so attractive ...so, may take a max of 40%.
Chin Chye,
I planned to go but got caught up with something and completely forgot about it.
Just be patient with this one. Ow has already unlocked the value of his other listed vehicles ( Sp Ship and Cougar Log) and rewarded the shareholders handsomely. In time, he will do the same for St Ld.
At todays price, St Ld is still trading at about 25% (at least) discount to its real NAV. Even with the recent market correction, you will be hard pressed to find any counters trading below NAV with healthy future earnings prospects. Yield is also decent which will finance the opportunity cost of holding this stock.
My strategy for this stock is to accumulate whenever the opportunity arises.
Hi guys,
Anyone went for the AGM talk yesterday?? Did they say anything about the revaluation of the land?? Heehee...
Care to share?? From the report, the land is still not revalue yet... wonder when is he going to revalue it...
I asked my OZ friend... he told me his country OZ , the property price is vvery crazy now... when this Mr Ow going to revalue... grrr....
Cheers,
Anything.
Stamford Land's 1Q08 report attached
http://www.listedcompany.com/ir/stamfordland/newsroom/SLCannouncement300707.pdf
To unlock the stock value Mr Ow needs time. If he unlocks the stock value during the boom time, higher value can be attained. This boom time must base on Australia and New Zealand property market boom time.Strike while iron is hot. Thus patience is required if want to have higher capital gain or else just earn dividend which should be better than bank rate. Do your smart investment not contra in this stock.
Tomm shld be a good day for Stamford Land!
Thanks for ur update & advice, Chin Chye.
thatman
Hi All
Pls see following attachment. I will waited patiently for my target price of 1.10
http://www.remisiers.org/research//da%20ily%20e%20x.pdf