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901-920 of 2078
Waiting for 50 cents to jump in ?
LOL
but capland with a lot of exposure to china did NOT bottomed at nov 2008 like yanlord.
Capland only bottomed in 2009 march
Johnloo ( Date: 11-Aug-2011 12:51) Posted:
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Yanlord bottomed out earlier in nov 2008 as the govt removed property cooling measures and allowed banks to extend massive credits to developers and buyers in a bid to lift China out of the export slump caused by subprime crisis.
Fast forward to 2011, this policy change is what I am looking out for. Need to wait for the constellations to align -
1. Inflation and property prices start to fall.
2. Industrial production and exports fall to reduce overheating odds and thus make the govt more willing to stimulate domestic consumption and investments further.
Without a policy change, Chinese developers will face an increasingly hostile environment where credit is tight and property buyers will deplete due to regulations. To top that off, if you believe in this American named Chanos, there is massive over-supply of properties in China priced at a level that is out-of-reach for the masses.
last mth came across some ang mo analysts's report(btw many western reports are oredi seldom optimistic on china's housing in the 1st place) but yet they said china likely to increase interest rate for only 1 more time and no more liao.
Notice yanlord always bottom way ahead of actual fact just like in 2009 march sti,blue chips, s-chips all 3 bottom at march 2009 but yanlord bottom 4 mths earlier at 2008 nov and in march 2009 yanlord was much higher than it's 2008 lows alrdy.............Hence worry by the time confirmed news that no more rate hike,yanlord don't know maybe at 1.20-1.30 or even higher liao
Wait for tightening measures to be removed first. China Premier Wen Jia Bao sweared to god to bring down property prices. You think he is joking? Unless the tightening measures are removed,
1. it will be increasingly difficult for developers to sell in major cities when the current pool of buyers deplete since there are restrictions on multiple home ownerships.
2. difficult for developers to get loans and at higher interest rates too.
any one looking to buy now? me getting tempted.......
now 92 cts to 92.5
stockmarketmind ( Date: 03-Aug-2011 11:26) Posted:
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PRESS RELEASE –Yanlord sells 181 apartment units atthe initial launch ofYanlord Riverside Gardens in Tianjin
YANLORD ACHIEVES RMB572 MILLION IN PRE-SALES AT THE INAUGURAL LAUNCH OF TIANJIN YANLORD RIVERSIDE GARDENS
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Commenting on the inaugural launch of the apartment units, Yanlord’s Chairman and Chief Executive Officer, Mr. Zhong Sheng Jian, said, " While market uncertainties arising from the introduction of regulatory policies by the PRC central government have impacted sales volumes within the sector, the positive market response during this inaugural launch reflects the Group’s brand equity as a leading high-end developer within China and stands testament to the strong support and confidence that buyers place in the Group’s ability to deliver quality developments. Moving forward, we remain steadfast in our commitment to build internationally recognized developments that consistently exceed the expectations of our discerning customers to further enhance our long-term development."
Yanlord Riverside Gardens is the Group’s second international community development in Tianjin and builds on the Group’s commitment to developing high-end international residential projects that exceed the demand of its customers.
The inaugural launch of apartment units at Yanlord Riverside Gardens consists of 117 sqm two-bedroom units, 154 sqm three-bedroom units and 200 sqm four-bedroom units. To further cater to
the differing needs of buyers, Yanlord will also be introducing 50 sqm single bedroom units, 90 sqm two-bedroom units, 154 sqm three-bedroom units and 240 sqm four-bedroom units in its subsequent launches. stAugust2011–Singapore/Hong Kong)--Singapore Exchange listedYanlord Land Group Limited(" Yanlord" or the " Company" , and together with its subsidiaries, the " Group" ), a real estate developer focused on developing high-end integrated commercial and residential property projects in strategically selected high-growth cities in the People’s Republic of China (" PRC" ),announced today that it had sold 181or 58.4% of the 310 apartment units atthe inaugural launch of Yanlord Riverside Gardensin Tianjin. Average selling price (" ASP" ) of approximately RMB21,100per square metre (" sqm" ) was achieved for the 27,090sqmgross floor area (" GFA" ) sold. Total contracted pre-sales for this project as at 31 July 2011amounted to RMB572 million.
Taken 1/2 profit off the table at 1.205
Good Luck :p
xing78 ( Date: 21-Jul-2011 12:34) Posted:
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Slow and steady gain on light volume.
:p
Targets 1.21, and 1.28 if 1.21 resistance broken. Key support at 1.11. Possible double bottom formation after longterm downtrend.
IPO price was 1.08 in 2006.
Latest NAV 1.3174.
Directors have been buying in Jun 11 between 0.92 - 1.22.
I leave it to readers to conclude.
Picked up this counter for a short term long position.
Good Luck :p