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Global Logistic
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KAMAL0883
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04-Feb-2016 16:01
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yes ...very certain. they liquidated  their holding in blue chips also  
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WhyWhy
Member |
04-Feb-2016 15:40
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Some big holders in need of cash?
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KAMAL0883
Supreme |
04-Feb-2016 15:40
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can long but better be catious especially super long holiday/weekend approaching.... not many people willing to hold long position for super long holiday
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Lepin888
Veteran |
04-Feb-2016 15:33
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Many funds sell even though good set of results...due to China slowdown. Asset management side perform well but fangs still sell...
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earlybird14
Supreme |
04-Feb-2016 15:25
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3 months down the road for glp get rids of us acquisition debt and return with cash, situation will change. Shortsellers are bullying glp in this period with weak liquidity.
Once divestment is completed, massive short covering and share buy back will kick start. Gic has to back glp at this moment especially if price move below 1.6. Insiders and major share holders are allowed to buy 10 cents above historical low. |
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BullsAndBear
Veteran |
04-Feb-2016 15:15
Yells: "I come at the turn of the tide " |
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Think is overall weak market sentiments. Trapped in a very bearish momentum. Profit up 63.8%, while the counter is diving.. Just doesn' t make sense. |
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Stocky901
Supreme |
04-Feb-2016 15:14
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Quite safe to buy at current level 1.62 to 1.67. NAV is 2.58. IPO is 1.96. Dividend at coming quarter (q4). Price dropped from 2.83 to 1.62. Really can't find any reason not to buy. | ||||
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KAMAL0883
Supreme |
04-Feb-2016 14:37
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yes agreed. duno why EB14 dun want to be analyst  
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nqing87
Supreme |
04-Feb-2016 14:25
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lol analysts easy job one leh.. when counter keep rising, then they raise their tp & give higher valuation.. when counter dropping, they lower tp & give lower valuation.. dunno why pay them so much to " analyse" .. anyone can give a price based on their own parameters & valuation to justify their tp..
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WhyWhy
Member |
04-Feb-2016 14:20
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BB shorties playing with themselves? Don' t get tricked.. with nobody selling to them see how long they can play.. yeah, buy low from them.. not sell low..
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FATABA
Supreme |
04-Feb-2016 14:17
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GLP&rsquo s Q3 net profit skyrockets 63.8% to $260.7m Thanks raised contributions from associates and JVs. Global Logistics Properties (GLP) closed the third quarter of FY16 with a net profit of US$184.2m, or about $260.7m, reflecting a whopping 63.8% YoY surge. According to a report by OCBC, this is thanks to increased contributions from its associate and joint venture companies, gains from the syndication of its 45% interest in GLP US Income Partners I in October 2015, as well as raised value gains on its properties, partially offset by increased finance expenses as GLP recognized mark-to-market losses of foreign exchange contracts and recorded higher interest expense from its USD MTN. On an ex-valuation basis, net profit for the quarter climbed about 26% YoY to US$83m, from 3QFY15&rsquo s US$66m. GLP management reiterated that domestic consumption in key markets, which remains stable even in times of sluggish economic growth, boosted 90% of its overall portfolio growth. The company&rsquo s China lease ratio stood at 88% as at end of the quarter, while same-property net operating income growth and effective rent growth on renewal leases climbed up 7.1% and 2.5% YoY respectively. Meanwhile, China asset values saw growth as cap rates dipped 25 bps in mid-tier cities while 1.4m sqm of new and renewal leases were inked in the quarter, reflecting a 27% YoY jump. Same-property NOI inched up in Japan (2.2%), Brazil (7.2%), and the US (8.1%) over the quarter. - |
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KAMAL0883
Supreme |
04-Feb-2016 14:16
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dun go and believe analysts, they target higher price for people to buy in
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KAMAL0883
Supreme |
04-Feb-2016 14:12
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1.625 liao ..... get ready for 1.62 to pick some again 
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earlybird14
Supreme |
04-Feb-2016 14:02
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Last q result, analysts gave average 3 dollar target price which imply 84% potential gain but price still falling after that.
This quarter, result is better if forget about cash decreasing. So shall those analysts raise target price or lower target price? Tough job to them too, always gonna this kind of humiliation. Hahaha...
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earlybird14
Supreme |
04-Feb-2016 13:56
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Since cash from operation is u turn and turn to increasing in this quarter.
I will just hold on my long term holding amd decision with glp. Market sentiment and funds manipulation is beyond our control. So long as now is good bargain price, china slow down almost 1 year didn't deteriote the operation cash flow, 1.6+ are good entry price. May go lower, just imply good value to enter more.
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FATABA
Supreme |
04-Feb-2016 13:52
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Honestly I dont see much meat for shortist at current price.  At any time , it can shoot up ( the last few rounds of pushing it down is met with strong buying ) . It has over 50% ( I think if not wrong 59% of nett value in China ) ....so any recovery of China wld be a catalyst for this counter. Debt is not an issue as they hv some commitment of having only 10% share eventually  for the USA logictic bz. Good Luck
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earlybird14
Supreme |
04-Feb-2016 13:49
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Aiya. Eventually it will reach de. U can dream whatever low price u want.
But glp is not noble. Their cash flow generation through operation is positive and back by gic. Noble fate is still unknown.
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halleluyah
Supreme |
04-Feb-2016 13:49
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Lol...only keft 8pts
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halleluyah
Supreme |
04-Feb-2016 13:47
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Is it CS is the seller boh?? |
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earlybird14
Supreme |
04-Feb-2016 13:44
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Instead of shortselling, most likely a weak holding. Anyway. I have no much to worry after result out. Add more with free cash from oil trading profit. Gambateh glp. U can make it.
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