Stamford Land    Last:0.47   -

Today s AGM too combative

value trap lah, and not looking good going forward.

http://mobile.abc.net.au/news/2017-05-25/chinese-investors-pull-out-of-melbourne-apartment-market/8557182?pfmredir=sm
[ around 80 per cent of Chinese buyers will not be able to settle because of trouble getting finance, according to Ming Li, a real estate agent in Melbourne' s eastern suburbs who specialises in selling Australian property to Chinese investors.]

Will those who buy the Rumor will be Ow Ow Ouch  if they Sell the News tomorrow?

 

 

Sorry my bad

div 1c only

 

Aussie banks increasing interest rates and LVR for investors back to 80% settlement problems coming for next phase. Get ready.

 

Fy eps $0.04

div - $0.015

payout ratio - 37.5%

reasonable?

yield on current price around 2.6%

 

Results out..

div$0.015

good or bad results?

 

Just bought...

Looking good to break resistance to higher grounds

 

Non stop buying at 0.575 !

 

Rocketing now !

 

8-10 cents dividend is possible to be declared !

jackson5      ( Date: 31-Mar-2017 06:57) Posted: Record profit for this year . Fat dividend to be paid in May .

 

Record profit for this year . Fat dividend to be paid in May .

 

 

It looks like the 3 buildings (Darwin, Perth, Adelaide) have all been completed.

https://www.valuebuddies.com/thread-157-post-138367.html#pid138367

 

 

Extract from last Q3 Financial Report -
14.  A commentary at the date of the announcement of the significant trends and competitive conditions of the industry in which the group operates and any known factors or events that may affect the group in the next reporting period and the next 12 months
 
 For YTD FY2017, property development segment registered sale of 1 apartment as compared to 5 apartments in YTD FY2016, resulting in a decline in net profit.
   Performance of the hotel segment was consistent and is expected to remain stable. 
   Contributions from property development segment will be substantial (on completion of first three towers of Macquarie Park Village) in Q4 FY2017 or later. The remaining four towers will be completed in FY2018 and beyond.
   Property investment segment continues to deliver stable results underpinned by fixed lease income.
   Barring any unforeseen circumstances, the Group expects to remain profitable for FY2017.

 

 

serious      ( Date: 30-Mar-2017 17:46) Posted: This year will have record profit , for sure with the booking of MPV' s revenues . lausk22      ( Date: 29-Mar-2017 18:08) Posted: From past performances, SL hardly moved  above 60c. Last year, it took a big dive when poor yield and results were  announced.

 

This year will have record profit , for sure with the booking of MPV' s revenues .

lausk22      ( Date: 29-Mar-2017 18:08) Posted: From past performances, SL hardly moved  above 60c. Last year, it took a big dive when poor yield and results were  announced.   jackson5      ( Date: 12-Mar-2017 22:36) Posted: Should be able to cross 0.60 by end of march because of booking of MPV project . When higher dividend is declared by end May , price should move even higher !

 

From past performances, SL hardly moved  above 60c. Last year, it took a big dive when poor yield and results were  announced.

 

jackson5      ( Date: 12-Mar-2017 22:36) Posted: Should be able to cross 0.60 by end of march because of booking of MPV project . When higher dividend is declared by end May , price should move even higher !

 

Train is moving now !

 

Should be able to cross 0.60 by end of march because of booking of MPV project . When higher dividend is declared by end May , price should move even higher !

 

Accumulations are still on going .

 

Just woke up from slumber .

 

5.35 now .

 

Looks like going to take off soon !