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What's your TP ?
Gu_Siao ( Date: 09-Apr-2013 09:27) Posted:
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if this guy can maintain this momemtum, should not have problem breaking its high.
This one just 'power' break into my radar. Looked set to go back to its former glory range :)
Married deal 1M @$2.635.
So shiok.....
... Married Deal: Vol 4,144 Value $10,975,168 ie $2.648 / share ...
Where will GIC reinvest the funds?
Who bought from gic? Anyone knows?
Clever! Huat la...
Octavia ( Date: 26-Feb-2013 16:07) Posted:
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GIC and TMS are the same...can only take their investment as a pinch of salt.
Hwen the time comes, they will do the same to MZJ and Olam.
AnthonyTan ( Date: 26-Feb-2013 16:01) Posted:
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Unbelievable, if it is that good, may I ask " WHY R THEY SELLING"
How do u interpret " regular rebalancing activities for its overall portfolio"
They buy low and sell high. GIC is locking up the profits.
Octavia ( Date: 26-Feb-2013 08:42) Posted:
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... down $0.19, last down $2.56 ....
Global Logistic Properties Limited (the " Company" ) refers to the Straits Times article, " GIC selling GLP
stake to raise up to $1.6b" and Business Times article " GIC to sell a stake of 12.5% in GLP for up to
$1.6b" published on 26 February 2013 (the " News Reports" ), and wish to inform Shareholders that the
Company is not involved in the proposed sale by GIC referred to in the News Reports.
The Company has on 26 February 2013 been informed by GIC of the following:
• GIC has been the major shareholder in the Company since its establishment. GIC is pleased with
the Company’s execution of its strategies and are confident of its long-term prospects.
• The block sale is part of GIC’s regular rebalancing activities for its overall portfolio.
• GIC remains a substantial long-term shareholder in the Company.
GIC locking in profits...
Any advice whether it is a buy at this price?
Huat la....
SINGAPORE - Singapore sovereign wealth fund GIC cut its stake in warehouse operator Global Logistic Properties (GLP) by about a quarter, selling around 596 million GLP shares at S$2.60 each, according to a term sheet seen by Reuters.
The sale, which raised about $1.25 billion, was at the bottom of a S$2.60-$2.66 per share indicative range. GLP closed at S$2.75 on Monday.
The Government of Singapore Investment Corp (GIC) said in a statement on Tuesday that the sale was part of the sovereign fund's " regular rebalancing activities for its overall portfolio" and that it remained a substantial long-term shareholder.
" We are pleased with the company's execution of its strategies and are confident of its long-term prospects," GIC added.
Unable to access the link.Will it be a big drop tmor?
ah.wei ( Date: 25-Feb-2013 18:55) Posted:
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Singapore's GIC selling Global Logistic shares for up to $1.3 bln-IFR
http://sg.finance.yahoo.com/news/singapores-gic-selling-global-logistic-104500956.html _ylt=AqjXQeqjJQMIj.MwqDtw4WGiwsRG _ylu=X3oDMTN0bWUwNWVvBG1pdANGUCBTaW5nYXBvcmUEcGtnA2U2ZjZmNDM3LTM5NTQtMzI1Ni05NzFiLWY1ZWRkMGUzZmY1OQRwb3MDMQRzZWMDTWVkaWFTZWN0aW9uTGlzdAR2ZXIDOGQ1YWYyMjAtN2YzOC0xMWUyLWFmZmYtOWI5MTM4ZDUzN2Qy _ylg=X3oDMTFpbzNyMW5yBGludGwDc2cEbGFuZwNlbi1zZwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z _ylv=3
Married deal 232k @ $2.73.
GLP Q3 profits up 31%
Boosted by fair value gains in investment properties and higher rents in China, Global Logistic Properties' profits grew 31 per cent in the third quarter.
Global Logistic Properties Limited will release its third quarter (3Q FY2013) financial results for the period ended 31 December 2012, on Wednesday, 6 February 2013, after the close of trading.