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1001-1020 of 1204
it seem that player early morning buy it up above $4...
Is it still a good buy at 3.8USD/share?
For property counters, suggest not to use NAV measurement. Many property counters also trade below NAV. Its not unusual.
Their forecast for FY2020 not so good due to virus and ongoing Hk riots which can explain fall in share price. Market tend to take very short term view, if they feel that following qtrs company will not do well, the share price just tanked.
https://www.mingtiandi.com/real-estate/finance-real-estate/hongkong-land-posts-4-rise-in-profit-for-2019/
leshia ( Date: 15-Mar-2020 16:26) Posted:
| Does anyone know why there is value trap in hkland? Its share price is way below its net asset value for sometime already. |
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Does anyone know why there is value trap in hkland? Its share price is way below its net asset value for sometime already.
agree. moreover, if i am not wrong, hkland also recognized significant revaluation surplus in recent years. in a downturn, the book value might be adjusted down, so discount to book value may be lower when that happens.
uiop1223 ( Date: 13-Mar-2020 15:30) Posted:
Dont use book value to value property stocks. Most of them are always trading at discount even in good times
valuefish ( Date: 09-Mar-2020 09:01) Posted:
| I maintain that Hongkong Land offers Exceptional value to any investors right now by virtue of a depreciating USD currency and the fact that its trading at 65% discount to its book value |
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Dont use book value to value property stocks. Most of them are always trading at discount even in good times
valuefish ( Date: 09-Mar-2020 09:01) Posted:
| I maintain that Hongkong Land offers Exceptional value to any investors right now by virtue of a depreciating USD currency and the fact that its trading at 65% discount to its book value |
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$3 u also will not buy. u will say $2 then
for me is any price below $3
Any price below US$4 is a must buy
Any price below 5 USD is A STRONG BUY in the face of more Central Bank easing
Federal Reserve and Hong Kong Monetary Authority has slashed interest rates again. This is great news for HK land that will now save a total of 48USD million a year in interest bills from their exisitng floating rate loans
I maintain that Hongkong Land offers Exceptional value to any investors right now by virtue of a depreciating USD currency and the fact that its trading at 65% discount to its book value
wah south under $5 really come true.
today even breach $4.9 - think down trend established - jia lard liao.
my entry at $5.2x.
Come on HKL, let go south under $5, that will attract investors.
No impact?
valuefish ( Date: 30-Oct-2019 14:33) Posted:
HK riot has no impact on their committed leases as 90% of HK land' s tenants are blue chip tenants from international MNCs or mainland tenants. Perhaps, the worst case scenario for this year is neutral tenancy reversions from the retail space
HTHT1989 ( Date: 30-Oct-2019 14:14) Posted:
| Good demand now, good time to buy? HK riot seems to have quieten down a little too |
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Dont buy when the price is low. Buy when its undervalued. Remember that it can go lower
The problem is prolong riots will cause the MNCs to decide to relocate to other countries, like Singapore.
HK riot has no impact on their committed leases as 90% of HK land' s tenants are blue chip tenants from international MNCs or mainland tenants. Perhaps, the worst case scenario for this year is neutral tenancy reversions from the retail space
HTHT1989 ( Date: 30-Oct-2019 14:14) Posted:
| Good demand now, good time to buy? HK riot seems to have quieten down a little too |
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