
Hello
Apologies for butting in but here's the reason - extracted from SIAS Research :
"Rising sun in Japan Land?s net earnings
This 1.2% decrease was attributed to the depreciation of the Japanese Yen against the Singapore Dollar as revenue is derived from its operations in Japan. Net profit was boosted by share in associate which rose 41.6% from S$5.3m to S$7.5m. This caused earnings to increase 16.8% to S$11.0m from S$9.4m."
Hi Terence, since u r more senior then both of us, any comments on Jap land why its delivered the steerling results yet the share price no movement at all?
I am also vested in this stock.
hi noname, it would seem we r the onli 2 ppl in SJ tat is holding on to this share. no price movement after the FY is announced however the vol is pretty high. Any thots why the vol is high but no movement in price?
Japan land net profit up 17% for FY 07
Net profit attibutable to equity holders is S$8,941 million as compared with S$6,515 million (Up 37.3%)
Net profit for the year is S$11,056 million (17% ) as compared with last FY.
Details please see the announcement via SGX link below.
http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/3d28a1e109de3d36482572ea003f02cd?OpenDocument
Oops, look @ the wrong calender it was last year financial results announcement...
The result will most probably be out end May. Hopefully good financial results.
Anybody know when will Jap Land will announced its full year results?
Practically should be mid of May or end of May right? It should deliver a good performacne in its full year results. Should accumulated now before it is too late...
sigh... jpn land still fallin. wonder when will this stock will go BULL.
Hmm ... yes, warrant is overpriced ... my colleague told me that Really Big Boys with links to company, prefer to get warrants as they don't have to declare to SGX when they buy .. Anyone can verify this?
Anyway, as for me I dump the warrants as there is around 3cents difference if you add the 7.5cents.
regards,
Last done @ $0.09... had dropped again.. Is it due to the normal 'Friday - Profit Taking' phenomenon or something bad is happening? Worth to load up this counter @ this price now? Or more advisable to get its warrant (last done @ $0.05, exercise price @ $0.075 <-- then izit the warrant currently overpriced??)
Hope to get advice from experts in here! :)
Seemed like there is a lot of buy/sell volume for this counter. any gurus know the reason behind? accumulation taking place?