Keppel Land   

Kepland

Results on Wed 22/7 together with the total eclipse > means no red results, only black black.

One securites firm's estimate

Sales 635.3 / Profit 192.2 / EPS 0.173

 

still can hold..must maximise the profit...

 

it looks like that we are entering bullish market,so now investment strategy is that to buy and hold,not sell. I think it will move up again tomorrow.

sureesh40      ( Date: 20-Jul-2009 16:17) Posted: seems to be doing well today, will correct 2morrow for sure. Oh when will it reach $6.50

 

TA shows still got plenty of room to go up

 

seems to be doing well today, will correct 2morrow for sure.

Oh when will it reach $6.50

 

Ho say liao la! 

 

The recent sales momentum in the primary market has sparked off interest up to the mid- and high-end segments, with projects like One Devonshire (ASP ~$1800 psf) and Martin Place Residences (ASP ~$1700 psf) enjoying good take-up rates. We believe that this bodes well for KepLand, which has a landbank predominantly for these market segments.

With the Integrated Resorts some 6-9 months away from completion, we believe that KepLand could capitalise on that to re-launch the balance units at Reflections at Keppel Bay, as well as possibly prepare to launch Marina Bay Suites. The proximity of the projects to each of the Integrated Resorts (IRs) would be a key selling point, and few competitors can boast to have a landbank that has similar exposure to both IRs.

KepLand announced in May that it granted a 6-month extension to an enbloc purchaser of 51 units of the Suites at Central to complete the payment of the outstanding 80% of the purchaseprice (effectively $1,445 psf, total amount receivable estimated at $90m). We believe that in the worst-case scenario whereby the buyer fails to pay up, KepLand would be able to sell these units at above $1,445 psf, and possibly book-in a higher profit. Breakeven for the project is estimated at $925 psf.

With the completion of both phases of the MBFC and the Ocean Financial Centre, KepLand would be one of the largest landlords of prime Grade A office space in the Marina Bay area, with an attributable GFA of about 1.6m sq ft. We believe that the low all-in costs of both developments (~$1000 psf) provide sufficient buffer against further declines in the market capital values of prime Grade A office space.

We believe that with the return of buyers’ confidence in KepLand’s key markets like Singapore and China, KepLand is in-line for a re-rating. Backed by a strong balance sheet strengthened by the recent rights-issue, KepLand is well-positioned for the next phase of the cycle. We maintain our BUY recommendation at a target price of $2.73, pegged at a 20%-discount to RNAV.

 

Next week, Kepland 2nd qtr results announce...............................

Hope its time for Kepland to fly.....

 

Capitaland and Keppeland climbing but not yanlord....

hope to see more climb for property counters

solar2008      ( Date: 17-Jul-2009 15:13) Posted: checkout Yanlord also. maxcty      ( Date: 17-Jul-2009 15:08) Posted: ok..got it too at MACD chart. hope all our wish can come true... actually some property counter' s MACD chart also have the similar pattern. eg, caplitaland.

 

This year no more dividend yet, it's paid in May(8 cents per share).20 cents per share in 2007, you can check on SGX website.for this counter, you should hold it for long term, you make more money.

bh704428      ( Date: 17-Jul-2009 16:05) Posted: can some one tell me tis keppeland give how much dividend per lot?

 

can some one tell me tis keppeland give how much dividend per lot?

 

brought contra @ 2.2 and just sold off @ 2.3...still holding some @ 2.4..hope to see more green lights next week..

 

yeah me too, still holding it. always hold for long term and exit when think it's enough. I like to diversify portfolio, always like property counters when market is down. opporunity to go in low and ride for recovery again.

maxcty      ( Date: 16-Jul-2009 19:01) Posted: go for long term pal. I loaded @ 2.4 one month ++ ago. like I mention, is for long term sure no problem.and must be patience.. cheer up watergate      ( Date: 16-Jul-2009 17:33) Posted: Got this at 2.39... thought today can go up and slide back again.... hai. Have to wait

 

roger that.

solar2008      ( Date: 17-Jul-2009 15:13) Posted: checkout Yanlord also. maxcty      ( Date: 17-Jul-2009 15:08) Posted: ok..got it too at MACD chart. hope all our wish can come true... actually some property counter' s MACD chart also have the similar pattern. eg, caplitaland.

 

checkout Yanlord also.

maxcty      ( Date: 17-Jul-2009 15:08) Posted: ok..got it too at MACD chart. hope all our wish can come true... actually some property counter' s MACD chart also have the similar pattern. eg, caplitaland. solar2008      ( Date: 17-Jul-2009 15:05) Posted: The macd chart show bullish average crossover liao. Is a bullish signal

 

ok..got it too at MACD chart. hope all our wish can come true...

actually some property counter' s MACD chart also have the similar pattern. eg, caplitaland.

solar2008      ( Date: 17-Jul-2009 15:05) Posted: The macd chart show bullish average crossover liao. Is a bullish signal. maxcty      ( Date: 17-Jul-2009 14:51) Posted: brother solar2008,  your view is start to climb next coming weeks??

 

The macd chart show bullish average crossover liao. Is a bullish signal.

maxcty      ( Date: 17-Jul-2009 14:51) Posted: brother solar2008,  your view is start to climb next coming weeks?? solar2008      ( Date: 17-Jul-2009 13:55) Posted: This guy already breaks 14days MA.  If today can hover around 2.25~2.30,  it will start to climb

 

brother solar2008,

 your view is start to climb next coming weeks??

solar2008      ( Date: 17-Jul-2009 13:55) Posted: This guy already breaks 14days MA.  If today can hover around 2.25~2.30,  it will start to climb

 

This guy already breaks 14days MA.  If today can hover around 2.25~2.30,  it will start to climb

 

go for long term pal. I loaded @ 2.4 one month ++ ago. like I mention, is for long term sure no problem.and must be patience..

cheer up

watergate      ( Date: 16-Jul-2009 17:33) Posted: Got this at 2.39... thought today can go up and slide back again.... hai. Have to wait