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Alignment Elite	21-Jul-2024 08:31        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Shanghai secondary property prices have started to rise again. Clearly a good sign for Bund that its main market is recovering.
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Alignment Elite	17-Nov-2023 10:28        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Chinese hotels performing strongly as mainlanders now prefer domestic holidays compared to pre-covid.
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noobinvestors Member	01-Jan-2019 23:27        noobinvestors About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi Did a write up about bund center. I do agree it is a big discount to NAV, but there are other player in SG market also provide similarly big account such as Far East Orchard and the fair value of the building does not seem to be updated (same valuation for 2016 and 2017). Below is the link to my humble opinion.  https://writingofinvestingnoob.com/2018/09/18/bund-center-bte-si-overlooked-property-play/
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alexchew Master	03-Apr-2018 14:54        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	come come... assets over 2b... market cap only a fraction.. add close to 4 cents in cash a year from biz..  Sooner or later, assets need to be monetised.. Safer than all reits listed.. 0 debt. pile of cash ~100m in coming results...
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Morello Veteran	23-Feb-2017 14:53        Morello About Contact  Quote this Post! Style: Combined   Mood: Yells: "In it for the long haul"
x 0   x 0  Alert Admin	is this on anyone' s radar?  even though it' s hardly tradable at the moment
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alexchew Master	16-Feb-2017 14:17        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	test... why nobody interested to talk about this? Can talk it up.. Maybe special dividends coming, no more debt already. Super undervalued... Lai lai, buy more to stir up this.
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rayblu3 Member	14-Nov-2016 22:44        rayblu3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	soon or later this stock will be delisted....
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waters Senior	19-May-2016 11:36        waters About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Singapore Morning Cuppa - 19 May 2016​ Bund Center To access today&rsquo s reports, please click on the links below: RHB Singapore Morning Cuppa - 19 May 2016 (Bund Center) Scoop of the Day​ An Overlooked Gem.  Bund Center was spun off from AFP Land (which has since been re-named Sinarmas Land) and listed on the Singapore Exchange in 2010. The company owns prime commercial assets in Ningbo and Shanghai. Bund&rsquo s crown jewel is its namesake mixed development in Shanghai, comprising a 43-storey office tower with 1,414,600 sf of gross floor area and a 570-room five-star hotel managed by Starwood under the Westin brand. Due to its superb location, both the hotel and office have consistently achieved high occupancies and rates.  Bund&rsquo s other asset is a six-storey retail complex in Ningbo.   Solid financials with a further boost from opening of Disneyland Shanghai.  Bund boosts a strong balance sheet with a net cash position of S$65m and generates a recurring rental stream of S$50-60m. And while dividends have been lumpy, the company has been generous in rewarding investors, dishing out S$130m in dividends over the last 2 years. We expect the group&rsquo s hotel operations to receive a further boost to its earnings with the opening of Disneyland Shanghai, which is expected to attract an annual 10 million visitorship to the park based on initial estimates.   70-75% discount to revalued RNAV.  Perhaps most glaring is the sharp valuation discount of the stock relative to its net asset value. Bund adopts a conservative accounting policy of valuing its properties at cost less accumulated depreciation. Based on its latest accounts, its Shanghai and Ningbo properties are carried at a total book cost of S$448m. This compares to independent market appraisal of S$2.1bn, giving rise to a whopping S$1.65bn surplus. Imputing this valuation surplus and following a recent 4-into-1 share consolidation, Bund&rsquo s RNAV/share stands at $2.78. At current price of S$0.70-0.80, the stock is trading a massive 70-75% discount to its RNAV. We think the stock is massively undervalued and could trade up to $1.11 based on a 60% discount to its RNAV.    Analyst:Goh Han Peng,  +65 6232 3893
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johnng Supreme	01-Oct-2014 11:12        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINARMAS run, buncenter may be next!
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Fataaa Senior	15-Aug-2014 00:26        Fataaa About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone on this? $0.032 dividend.. Congrats all vested.
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KepoChicken Master	09-Jul-2014 15:39        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	hope break 023 today peter1234      ( Date: 09-Jul-2014 15:35) Posted: something brewing, got some buyups now
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peter1234 Senior	09-Jul-2014 15:37        peter1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	220 cleared
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peter1234 Senior	09-Jul-2014 15:35        peter1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	something brewing, got some buyups now
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KepoChicken Master	07-Jul-2014 14:59        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	every stock also stuck 0.215 Vs 0.22 sunning dale Bund Previously Mirach
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wendycheong81 Veteran	07-Jul-2014 10:32        wendycheong81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	same bb as sinamar KepoChicken      ( Date: 07-Jul-2014 10:31) Posted: this stock suddendly shoot up...
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KepoChicken Master	07-Jul-2014 10:31        KepoChicken About Contact  Quote this Post!
x 0   x 0  Alert Admin	this stock suddendly shoot up...
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ruready Supreme	18-Sep-2013 13:36        ruready About Contact  Quote this Post!   Yells: "Follow the micro penny , May be this is the last train"
x 0   x 0  Alert Admin	Indo counter the only haven't run and cheap cheap ,,,,,,buy bbbbb
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ruready Supreme	18-Sep-2013 10:54        ruready About Contact  Quote this Post!   Yells: "Follow the micro penny , May be this is the last train"
x 0   x 0  Alert Admin	Gallant,sinarmas,dukang,,,,all come back again
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Du_shen Veteran	16-Sep-2013 21:24        Du_shen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Imo. Game haven over yet. Intraday low at -001 and close at -0005. At low volume also. May be forming a bull flag. Maybe wed-fri may break new high. For sinarmas, bund and halcyon. Huat ah!
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ruready Supreme	16-Sep-2013 14:50        ruready About Contact  Quote this Post!   Yells: "Follow the micro penny , May be this is the last train"
x 0   x 0  Alert Admin	Sinarmas no strength Liao,,,bundcenter also no strength Liao,,,,,,,get ready to run
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