Back

Latest Forum Topics / Global Logistic

Post Reply

Global Logistic Post Reply Rate topic
gopguppy Veteran	30-May-2017 19:10        gopguppy About Contact  Quote this Post!
x 0   x 0  Alert Admin	News report about the buy out. http://www.egi.co.uk/news/cic-to-buy-blackstones-e12bn-logicor/ Key words... " CIC already has a close working relationship with Blackstone and is a major investor into its funds, which has been seen  as an advantage by sources close to the process. Temasek and Mapletree, investment companies of the Singaporean government, are still interested in Logicor and are willing and able to undertake the transaction should a deal with CIC falter. GLP submitted a bid for Logicor but uncertainty over its own corporate future is understood to have hampered its ambitions. The largest owner of logistics properties in Asia is in the midst of a strategic review that may see the company sold."
Useful To Me  Not Useful To Me
FATABA Supreme	30-May-2017 16:27        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	That is good news....with this European piece, CIC need GLP pieces to complete a truely GLOBAL logistic company . HiFive123      ( Date: 30-May-2017 14:56) Posted: China Investment Corporation is in pole position to buy Blackstone&rsquo s European logistics business Logicor for more than &euro 12bn (£ 10.5bn). The Chinese sovereign wealth fund is set to buy the 630-asset platform in what will become the largest European real estate deal. CIC has moved ahead of rivals for Logicor, Mapletree Investments with Temasek Holdings and Global Logistic Properties and a deal with Blackstone for the 146.4m sq ft of warehouse property is scheduled to be signed in the next two or three days. FATABA      ( Date: 19-May-2017 08:33) Posted: A good set of results......also announce that TALKS are on going.
Useful To Me  Not Useful To Me
HiFive123 Member	30-May-2017 14:56        HiFive123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	China Investment Corporation is in pole position to buy Blackstone&rsquo s European logistics business Logicor for more than &euro 12bn (£ 10.5bn). The Chinese sovereign wealth fund is set to buy the 630-asset platform in what will become the largest European real estate deal. CIC has moved ahead of rivals for Logicor, Mapletree Investments with Temasek Holdings and Global Logistic Properties and a deal with Blackstone for the 146.4m sq ft of warehouse property is scheduled to be signed in the next two or three days. FATABA      ( Date: 19-May-2017 08:33) Posted: A good set of results......also announce that TALKS are on going.
Useful To Me  Not Useful To Me
HiFive123 Member	26-May-2017 15:23        HiFive123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The Strategic Review and Update is also one way to enhance shareholders value in the meantime. I believed they would time the market and " the special commitee remains focused on achieving a fair result and the best result for shareholders" lglg666      ( Date: 26-May-2017 14:00) Posted: Guess with sereval interested parties still trying to decide the final offer.....in this very complex deal so its understandable they want more time to get it right. Luckily the interested parties are so called insiders so they really understand the working of the business if not then it will take forever to do their due deligent. So let's sit tight for now....the share price will be trading in tight range and volume will slow down too. Only the fund BB will dare to buy and sell in big volume, retailers may sell small volume as they are more likely to be impatient. HiFive123      ( Date: 26-May-2017 09:23) Posted: It' s deemed positive news as the negotations are on-going.
Useful To Me  Not Useful To Me
lglg666 Supreme	26-May-2017 14:00        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Guess with sereval interested parties still trying to decide the final offer.....in this very complex deal so its understandable they want more time to get it right. Luckily the interested parties are so called insiders so they really understand the working of the business if not then it will take forever to do their due deligent. So let's sit tight for now....the share price will be trading in tight range and volume will slow down too. Only the fund BB will dare to buy and sell in big volume, retailers may sell small volume as they are more likely to be impatient. HiFive123      ( Date: 26-May-2017 09:23) Posted: It' s deemed positive news as the negotations are on-going.   lglg666      ( Date: 26-May-2017 09:14) Posted: Not a surprise for the updates since they had already announced that they will give the interested parties another couple of weeks to do their due deligent. Hang on tight for the home run. Cheers 🍻
Useful To Me  Not Useful To Me
HiFive123 Member	26-May-2017 09:23        HiFive123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s deemed positive news as the negotations are on-going.   lglg666      ( Date: 26-May-2017 09:14) Posted: Not a surprise for the updates since they had already announced that they will give the interested parties another couple of weeks to do their due deligent. Hang on tight for the home run. Cheers 🍻 FATABA      ( Date: 25-May-2017 17:46) Posted: MONTHLY UPDATE ON STRATEGIC REVIEW   Global Logistic Properties Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s announcements released on 1 December 2016, 5 January 2017, 3 February 2017, 27 February 2017, 8 March 2017, 30 March 2017 and 27 April 2017 in relation to the independent strategic review of options available for its business (the &ldquo Strategic Review&rdquo ).    The Company previously announced that the Special Committee remains in discussions with parties whom it had shortlisted following its evaluation of non-binding proposals received and that the due diligence process is ongoing. The Company would like to update that the discussions and the due diligence process are ongoing.
Useful To Me  Not Useful To Me
MekMiRic Member	26-May-2017 09:20        MekMiRic About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	i only hope there's enough time to cashout after the announcement and then load up UE :)
Useful To Me  Not Useful To Me
lglg666 Supreme	26-May-2017 09:14        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not a surprise for the updates since they had already announced that they will give the interested parties another couple of weeks to do their due deligent. Hang on tight for the home run. Cheers 🍻 FATABA      ( Date: 25-May-2017 17:46) Posted: MONTHLY UPDATE ON STRATEGIC REVIEW   Global Logistic Properties Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s announcements released on 1 December 2016, 5 January 2017, 3 February 2017, 27 February 2017, 8 March 2017, 30 March 2017 and 27 April 2017 in relation to the independent strategic review of options available for its business (the &ldquo Strategic Review&rdquo ).    The Company previously announced that the Special Committee remains in discussions with parties whom it had shortlisted following its evaluation of non-binding proposals received and that the due diligence process is ongoing. The Company would like to update that the discussions and the due diligence process are ongoing.
Useful To Me  Not Useful To Me
gopguppy Veteran	25-May-2017 18:23        gopguppy About Contact  Quote this Post!
x 0   x 0  Alert Admin	As expected, nothing new. Investor' s patience is wearing thin. Hopefully, the June update will look different. FATABA      ( Date: 25-May-2017 17:46) Posted: MONTHLY UPDATE ON STRATEGIC REVIEW   Global Logistic Properties Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s announcements released on 1 December 2016, 5 January 2017, 3 February 2017, 27 February 2017, 8 March 2017, 30 March 2017 and 27 April 2017 in relation to the independent strategic review of options available for its business (the &ldquo Strategic Review&rdquo ).    The Company previously announced that the Special Committee remains in discussions with parties whom it had shortlisted following its evaluation of non-binding proposals received and that the due diligence process is ongoing. The Company would like to update that the discussions and the due diligence process are ongoing.
Useful To Me  Not Useful To Me
FATABA Supreme	25-May-2017 17:46        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	MONTHLY UPDATE ON STRATEGIC REVIEW   Global Logistic Properties Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s announcements released on 1 December 2016, 5 January 2017, 3 February 2017, 27 February 2017, 8 March 2017, 30 March 2017 and 27 April 2017 in relation to the independent strategic review of options available for its business (the &ldquo Strategic Review&rdquo ).    The Company previously announced that the Special Committee remains in discussions with parties whom it had shortlisted following its evaluation of non-binding proposals received and that the due diligence process is ongoing. The Company would like to update that the discussions and the due diligence process are ongoing.
Useful To Me  Not Useful To Me
lglg666 Supreme	24-May-2017 13:05        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The first 30 mins the volume is fierce having done nearly 8.5mil together with the price hitting $2.95 but since then punchet. The volume has slow down with the share price also weaken. Let's see if there is going to be another round of pumping or not. Look like fund buying? FATABA      ( Date: 24-May-2017 12:18) Posted: Half day ...over 10M lots done ....the volume seem b building up over the past few days ...:)) lglg666      ( Date: 23-May-2017 18:51) Posted: At $3.66 then it's a nice number as a first offer price. Hope to see a counter offer among the shortlisted parties and the start of a bidding war.
Useful To Me  Not Useful To Me
FATABA Supreme	24-May-2017 12:18        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Half day ...over 10M lots done ....the volume seem b building up over the past few days ...:)) lglg666      ( Date: 23-May-2017 18:51) Posted: At $3.66 then it's a nice number as a first offer price. Hope to see a counter offer among the shortlisted parties and the start of a bidding war. FATABA      ( Date: 23-May-2017 16:31) Posted: Agreed and thanks for sharing.  This is a concservative number by all standard . ( no potential value is included esp considering the new development coming up for GLP in China and USA ....of Japan new development region too ) ​ But conservatively at 1.2 x this 3.05 is $3.66 .....which is comfortable potential first offer.  ​ Anything less I doubt GLP or its other shareholders would be interested. Happy investing.
Useful To Me  Not Useful To Me
lynmin0197 Senior	24-May-2017 11:31        lynmin0197 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good Luck!
Useful To Me  Not Useful To Me
huangyuanhe Supreme	24-May-2017 11:25        huangyuanhe About Contact  Quote this Post!   Yells: "666"
x 0   x 0  Alert Admin	I added 10 lot at 2.90 few days ago. Reasons : 1. If Elliott upstakes to more than 5%, based on their last entry $2.89, anything below $3 can buy is a buy. Note : i didnt buy a lot as my money not enough. Elliott TP should be : $3.30 to $3.80 2. Blackstone (rumored bidder) and Saudi PIF just Joint Fund US$ 40 billion may rise to US$ 100 billion for infrastructure and asset investments. FATABA      ( Date: 23-May-2017 16:31) Posted: Agreed and thanks for sharing.  This is a concservative number by all standard . ( no potential value is included esp considering the new development coming up for GLP in China and USA ....of Japan new development region too ) ​ But conservatively at 1.2 x this 3.05 is $3.66 .....which is comfortable potential first offer.  ​ Anything less I doubt GLP or its other shareholders would be interested. Happy investing.   gopguppy      ( Date: 23-May-2017 16:24) Posted: I raised a question to GLP about what the value of NAV is if the fund management platform is included. This is their reply. It is estimated to be $3.05 according to  the analysts.  " Our reported NAV is based on Singapore Financial Reporting Standards, which does not ascribe a full value for fund management. Please understand that according to SGX rules, we are unable to provide guidance beyond our reported numbers.  Some analysts estimate a value for GLP&rdquo s fund management platform by applying an earnings multiple so their NAV is higher than GLP&rsquo s reported number.  The average analyst NAV compiled by Bloomberg is currently S$3.05."
Useful To Me  Not Useful To Me
lglg666 Supreme	23-May-2017 18:51        lglg666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At $3.66 then it's a nice number as a first offer price. Hope to see a counter offer among the shortlisted parties and the start of a bidding war. FATABA      ( Date: 23-May-2017 16:31) Posted: Agreed and thanks for sharing.  This is a concservative number by all standard . ( no potential value is included esp considering the new development coming up for GLP in China and USA ....of Japan new development region too ) ​ But conservatively at 1.2 x this 3.05 is $3.66 .....which is comfortable potential first offer.  ​ Anything less I doubt GLP or its other shareholders would be interested. Happy investing.   gopguppy      ( Date: 23-May-2017 16:24) Posted: I raised a question to GLP about what the value of NAV is if the fund management platform is included. This is their reply. It is estimated to be $3.05 according to  the analysts.  " Our reported NAV is based on Singapore Financial Reporting Standards, which does not ascribe a full value for fund management. Please understand that according to SGX rules, we are unable to provide guidance beyond our reported numbers.  Some analysts estimate a value for GLP&rdquo s fund management platform by applying an earnings multiple so their NAV is higher than GLP&rsquo s reported number.  The average analyst NAV compiled by Bloomberg is currently S$3.05."
Useful To Me  Not Useful To Me
FATABA Supreme	23-May-2017 18:36        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Balance sheet ready for acquisition following the syndication of USIPIII by 2H18 GLP has syndicated its stake in GLP US Income Partners III (USIPIII) from 100% to 49.9% as at 31 March 2017, and is expected to further syndicate its stake to 9.7% by 2H18. Post-transaction, the Group&rsquo s cash position is expected to grow to US$1.3 billion where net gearing ratio is expected to drop to 17.7% (4Q17: 19.2%), giving it plenty of room to pursue acquisitions. GLP targets a net gearing ratio of 40%. Given the favourable and growing dynamics of logistics properties in European markets, we view that the management could look beyond its current key markets for growth opportunities.   ​ A gd input from a report. ...Phillip Securities. NOte : RNAV/share (S$) 3.19
Useful To Me  Not Useful To Me
FATABA Supreme	23-May-2017 16:31        FATABA About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Agreed and thanks for sharing.  This is a concservative number by all standard . ( no potential value is included esp considering the new development coming up for GLP in China and USA ....of Japan new development region too ) ​ But conservatively at 1.2 x this 3.05 is $3.66 .....which is comfortable potential first offer.  ​ Anything less I doubt GLP or its other shareholders would be interested. Happy investing.   gopguppy      ( Date: 23-May-2017 16:24) Posted: I raised a question to GLP about what the value of NAV is if the fund management platform is included. This is their reply. It is estimated to be $3.05 according to  the analysts.  " Our reported NAV is based on Singapore Financial Reporting Standards, which does not ascribe a full value for fund management. Please understand that according to SGX rules, we are unable to provide guidance beyond our reported numbers.  Some analysts estimate a value for GLP&rdquo s fund management platform by applying an earnings multiple so their NAV is higher than GLP&rsquo s reported number.  The average analyst NAV compiled by Bloomberg is currently S$3.05."
Useful To Me  Not Useful To Me
gopguppy Veteran	23-May-2017 16:24        gopguppy About Contact  Quote this Post!
x 2   x 0  Alert Admin	I raised a question to GLP about what the value of NAV is if the fund management platform is included. This is their reply. It is estimated to be $3.05 according to  the analysts.  " Our reported NAV is based on Singapore Financial Reporting Standards, which does not ascribe a full value for fund management. Please understand that according to SGX rules, we are unable to provide guidance beyond our reported numbers.  Some analysts estimate a value for GLP&rdquo s fund management platform by applying an earnings multiple so their NAV is higher than GLP&rsquo s reported number.  The average analyst NAV compiled by Bloomberg is currently S$3.05."
Useful To Me  Not Useful To Me
HiFive123 Member	23-May-2017 15:15        HiFive123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	with Elliot AH Fund entering and increasing their stake,   their should be more upside potential. TanSiBeiKu      ( Date: 21-May-2017 17:25) Posted: Another vote of confident from the new SSH Elliott Management head of communications Michael O' Looney told BT:" Elliott believes that GLP has a formidable and uniquely valuable business. We look forward to GLP' s management maximising value for shareholders on a timely and impartial basis in the context of the ongoing strategic discussions."
Useful To Me  Not Useful To Me
HiFive123 Member	23-May-2017 12:31        HiFive123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	its a sign of more upside  gopguppy      ( Date: 23-May-2017 11:59) Posted: For the past few weeks, BBs are ensuring the price does not exceed 2.93. Whenever it touches 2,93, the price comes back to 2.90-2.92. Wondering why? Maybe the final offer will be a multiple of 2.93. oceanblue      ( Date: 23-May-2017 10:41) Posted: Quite heavily traded this morning.
Useful To Me  Not Useful To Me

                                                         First   < Newer   1121-1140 of 6571   Older>   Last