Latest Forum Topics / HongkongLand USD Last:3.93 -0.03 | Post Reply |
Hongkong Land USD
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investshare
Supreme |
08-Sep-2017 18:25
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Thanks. Will monitor this first.
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Jimboy
Member |
08-Sep-2017 17:14
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Agree! Bulk of HK Land property dev income are from Singapore and mainland China. RMB is doing very well against Sing Dollar past month. Their income dhould be reflated appropriately in USD. | ||
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Jimboy
Member |
08-Sep-2017 17:10
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Yeah lor! Bulk of HK Land development income are either from Singapore and China. RMB is doing well against USD this few months.
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calvinlooi
Senior |
08-Sep-2017 15:54
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Actually the drop in USD should not have much affect on the valuation to this shares. 1. The FS is presented in USD, drop in USD would reflect increased sales and forex gain. Company value increase. 2. I had checked the 120 days futures USD/SGD, the effect is of minimum, expected to drop but not much. Even if conversion loss, u will be compensated by capital gain from share price increase. And December is always a good month to change USD to SGD. Strong purchase power for Christmas will push up USD. |
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Jimboy
Member |
08-Sep-2017 15:34
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Sorry, fat finger, copy the wrong link earlier:- Correct Link:- http://stock360.hkej.com/sectors/sectorDetails?sc=PP& ind=PPCG From whatever angle, HK Land is grossly undervalued as compared to all the other major developers in HK like Cheung Kong, Sun Hung Kei Properties, Henderson Land, Sino Land and others.   Please check with the above website and compare their relative PEs and see for yourselves.   |
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Jimboy
Member |
08-Sep-2017 15:13
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http://stock360.hkej.com/quotePlus/1560 See for yourself how HK land is undervalued compared to the HK property developers. HK Land's PE is only 3.29 times at USD 7.29@. | ||
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investshare
Supreme |
07-Sep-2017 07:48
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But USD keep dropping ...
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Acl2013
Veteran |
06-Sep-2017 21:16
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today closed 7.27 which is six months low. Tp  by DBS 8.93 , CIMB 9.10 NAV U$14.54, half price now, and enjoy dividend yield 3.54% |
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calvinlooi
Senior |
31-Aug-2017 18:25
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Not good at TP. Cant advice. It was a good closing. Any others also vested or have a view therein? Come discuss ur TP. |
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investshare
Supreme |
31-Aug-2017 16:35
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What's the yield? Thx.
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calvinlooi
Senior |
31-Aug-2017 16:23
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The price was attractive today, got some at 7.33. Maybe in response to increase in USD, but it was marginal. I buy this for mid term, maybe until Christmas ( USD high ) or next year result with dividend. |
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Laksman
Member |
31-Aug-2017 15:32
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Hey bro, why we always same taste in stocks. I also looking at this stock. Good P/B and P/E compare to peers. I might buy in soon | ||
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calvinlooi
Senior |
31-Aug-2017 14:18
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Any one interested? Let me know your comment on such. With the recent drop in USD, good TP by bankers, good result for 1H, good dividend yield. |
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