| Latest Forum Topics / Keppel Land |
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Kepland
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marubozu1688
Master |
14-Sep-2013 17:53
Yells: "Be humble in front of Mr. Market." |
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Keppel Land at the resistance now. Let's see whether is a reversal pattern here. http://mystocksinvesting.com/singapore-stocks/keppel-land/keppel-land-trading-in-consolidation-either-sideway-or-down-side/   |
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shygiraffe
Member |
09-Sep-2013 09:06
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Wonder how is " the glades" doing? by kepland |
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marubozu1688
Master |
20-Aug-2013 22:24
Yells: "Be humble in front of Mr. Market." |
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Wow! Buy call from Deutsche. Different view here from TA point of view. http://mystocksinvesting.com/singapore-stocks/keppel-land/keppel-land-confirmed-down-trend/  
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Octavia
Supreme |
19-Aug-2013 10:09
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Deutsche maintains Buy with $4.34 TP. House recently met with Keppel Land?s management and discussion focused on management outlook and strategy for its key SG and China markets, as well as thoughts on capital recycling and deployment plans. Management commented that SG residential market has been getting more challenging with cooling measures impacting demand. While prices could soften, there is unlikely to be a sharp correction, with underlying demand supported by owner occupiers. Management stated that it will take a wait-and-see approach on future land tenders and continue to focus on well located sites. Keppel Land remains positive on underlying fundamentals in China, and on the near term outlook with a moderation in new tightening measures. Sales momentum has been steady over the past months, with Botanica, Springdale and 8 Park Avenue continuing to attract healthy demand. The co noted that competition remains strong and will focus on its core markets in order to gain scale and maintain relationships. MBFC Tower 3 is now 90% committed. While the asset is sufficiently stabilised to be divested to Keppel REIT, management is also comfortable to wait as the office rental market is likely to improve over the next 2 years. Mgt will also consider reinvestment opportunities and the impact on earnings from the divestment. Co expects office rents to recover at c.10%/yr. Mgt also stated that it will look to increase its exposure in Jakarta, following the planned divestment of its stake in Jakarta Garden City which would result in a S$186m gain if completed this year. | ||
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marubozu1688
Master |
06-Aug-2013 21:30
Yells: "Be humble in front of Mr. Market." |
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Dead Cat Bounce over for Keppel Land. http://mystocksinvesting.com/singapore-stocks/keppel-land/keppel-land-dead-cat-bounce-over/   |
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Jackpot2010
Master |
24-Jul-2013 20:39
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Disposal of Jakarta Garden City, after-tax profit = $186m (i.e. 13c per Kepland share). Close at $3.70 today. http://infopub.sgx.com/FileOpen/Media.release_Keppel.Land.unlocks.value.in.Jakarta.Garden.City.final.ashx?App=Announcement& FileID=249095 |
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Octavia
Supreme |
18-Jul-2013 09:57
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Keppel Land announced a pretty decent set of 2Q12 results which was in-line with estimates. Revenue at $330.5m (+154% y/y, +60% q/q) while net profit at $95.5m (+1% y/y, -1% q/q). The robust top-line was primarily driven by increased revenue from the group’s Property Trading segment which was buoyed by higher revenue recognition from The Lakefront Residences and The Luxurie in Singapore, The Springdale in Shanghai and the new revenue stream from Phases 4 and 5 of 8 Park Avenue in Shanghai which were launched in Jun13. During quarter, sales momentum accelerated in both S’pore and China and as of 1H13, Keppel Land has sold 210 units in S’pore valued at $527m driven by strong demand for Corals, while in China the group has sold 1,940 units valued at RMB2.4b. The group also registered higher contributions from its Property Investment segment on back of higher rental yields from Keppel REIT and Marina Bay Financial Centre (MBFC) Tower 3, together with improved contributions from the Hotels and Resorts and Others segments. These increases were however partly reduced by lower contributions from Reflections at Keppel Bay and the group’s Fund Management segment. Despite MBFC Tower 3 reaching an ~90% committed occupancy, although management highlight that there is currently no rush to recycle capital by divesting its 1/3 stake to Keppel REIT, given the group’s net gearing is a comfortable 0.4x with a healthy cash position of $1b. as such, we opine that the possible divestment now appears more likely to happen in FY14 rather than FY13. Going forward, Maybank-KE reiterates Keppel Land as one of its top property picks, as the house continues to favour KepLand’s diversified business and undemanding valuations. Positive catalysts include further tie-ups with China Vanke in China and the eventual monetization of MBFC Tower 3. At current price, valuations are undemanding, with the group trading at just 0.9x P/B and 0.6x P/RNAV. Latest broker ratings as follows: Maybank-KE maintains Buy with $4.80 TP CIMB maintains O/p with $4.00 TP Credit Suisse maintains neutral with $4.10 TP Deutsche maintains Buy with $4.34 TP Nomura maintains Buy with $4.75 TP OCBC maintains Buy with $4.09 TP StandChart upgrade to O/p with $4.06 TP UOB Kay Hian maintains Buy with $5.11 TP |
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marubozu1688
Master |
23-Jun-2013 18:07
Yells: "Be humble in front of Mr. Market." |
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Keppel Land starts down trend.  http://mystocksinvesting.com/singapore-stocks/keppel-land/keppel-land-start-of-a-down-trend/  |
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guoyanyunyan
Supreme |
19-Jun-2013 13:21
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Keppel Land China wins prime landed residential site in Shanghai for $266 mil Keppel Land China said it has acquired a prime 17.5-ha residential site in Shanghai’s Sheshan area for RMB1.33 billion ($266 million) for the development of 200 landed homes. The newly secured site in Sheshan Town will comprise about 200 landed homes ranging from 250 to 350 sm. When completed, residents can look forward to amenities including a clubhouse with full facilities as well as an auxiliary retail component within the development. The first phase of homes is expected to be launched in the second half of 2014. The site is about 20 km from the Shanghai Hongqiao International Airport and 32 km from the city centre. It also enjoys convenient access to the A9 expressway and is just three km from Metro Line 9 Sheshan Station. The site is located about 11 km southwest of Villa Riviera, Keppel Land China’s first villa project in Shanghai. Keppel Land China’s projects in Shanghai include the Park Avenue precinct in the Jingan District, which comprises One Park Avenue, which is fully sold, 8 Park Avenue and Park Avenue Central, as well as The Springdale in Xinchang Town, Pudong District, Seasons Residence in Nanxiang Town, Jiading District, and Villa Riviera, a villa development in Qingpu District. Keppel Land China also owns a stake in Life Hub @ Jinqiao, a retail development in Pudong District. The Company also developed Ocean Towers, an office development in the prime commercial Huang Pu District. |
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Octavia
Supreme |
07-Jun-2013 14:26
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KL near term outlook is weak, after the breakdown below the 200 day MA. $3.60 is a key support level, which if broken, could lead to extended downmoves to the next support around $3.40.   |
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marubozu1688
Master |
02-Jun-2013 21:34
Yells: "Be humble in front of Mr. Market." |
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Get ready to short Kepland if the stock cannot rebound from the 200D SMA. http://mystocksinvesting.com/singapore-stocks/keppel-land/keppel-land-break-200d-sma-support/   |
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guoyanyunyan
Supreme |
29-May-2013 08:49
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... Married Deal: Vol: 125 Value: $502,500 ie $4.020 / share Prev Close: $4.020 ... | ||
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guoyanyunyan
Supreme |
23-May-2013 09:11
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Keppel Land - Near Support.KepLand Closed $4.06 currently is bullish for mid term(whole market is bullish thou), we see that kepland is now near the inflection point where if it drop lower below the support. $4.00, the mid term trend might change. However now can also be a good time to go long(Swing trade) as the stoploss is near at $3.99.    ...Last Done: $4.130...
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guoyanyunyan
Supreme |
19-Apr-2013 09:38
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Keppel Land: Top bid at Kim Tian Rd GLS tender Yesterday evening, Keppel Land put in the top bid of S$550.3m (S$1163 psf GFA) for a 99-year GLS residential site at Kim Tian Rd near Tiong Bahru MRT station. The tender attracted 11 bidders and Keppel Land’s bid was 7.2% above the second highest. The site has a land area of 118.3k sq ft and a maximum allowable GFA of 473.2k sq ft, which should yield a condominium development of ~500 units. We estimate breakeven and selling prices at S$1,750 psf and S$1,950 psf, respectively, and see this transaction accreting 4.4 S-cents to Keppel Land’s RNAV. In addition, we note that recent transactions at nearby Twin Regency are averaging ~S$1,750 psf. Maintain  BUY  on Keppel Land. Pending the award of the site, our fair value stands unchanged at S$4.53 (25% discount to RNAV).  (Eli Lee) ...Last Done: $4.08... |
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guoyanyunyan
Supreme |
18-Apr-2013 11:49
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Singapore Daily Keppel Land: Standing On The Shoulder Of Giants Buy TP $4.78 We reiterate our BUY recommendation on KepLand, following the announcement of a strategic tie-up with China Vanke, as well as its strong execution in China. Its 1Q13 results, even though down 32% YoY, were broadly in line with expectations. KepLand sold an impressive ~850 homes in China in 1Q13, 23% more than in 4Q12. The commitment rate at MBFC Tower 3 has now inched up to 86%, up from 79% in end-2012. We believe there will be more positive news flows pertaining to its tie-up with Vanke in the coming months, after Vanke announced it is taking a 30% stake in KepLand’s Tanah Merah project in Singapore. If leveraged properly, KepLand could use the alliance to grow in China. Maintain BUY on KepLand, target price unchanged at SGD4.78. ...Last Done: $4.04...has establish an uptrend after a hammer on 18 Mar... |
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guoyanyunyan
Supreme |
10-Apr-2013 08:45
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guoyanyunyan
Supreme |
09-Apr-2013 08:51
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... Married Deal: Vol: 115 Value: $447,250 ie $3.890 / share Prev Close: $3.89 ... | ||
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guoyanyunyan
Supreme |
04-Apr-2013 08:55
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... Married Deal: Vol: 562 Value: $2,206,734 ie $3.927 / share Prev Close: $3.93 ... ... on 18 Mar... a hammer was formed (price worst than cooling measure day) ... ... hammer signal reversal ... thus a rally is follow ... resistance level is $4.00 ...  |
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Bluevaio
Senior |
14-Mar-2013 11:10
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This one pengsan already? | ||
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guoyanyunyan
Supreme |
05-Mar-2013 11:58
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CIMB:
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