Global Logistic   

Global Logistic

Accumulate while it is below 2.80

Sept11      ( Date: 23-Jul-2014 11:02) Posted: TP :$3.13 in the short term. Consensus TP: $4.024 Sept11      ( Date: 23-Jul-2014 10:58) Posted: http://203.116.47.65/UI/Liveprice/StockAnalytics.aspx

 

TP :$3.13 in the short term. Consensus TP: $4.024

Sept11      ( Date: 23-Jul-2014 10:58) Posted: http://203.116.47.65/UI/Liveprice/StockAnalytics.aspx

 

http://203.116.47.65/UI/Liveprice/StockAnalytics.aspx

 

up up n away !

 

accumulation going on? low den almost same closing range for a few days, with CD coming, movenment coming?

enter at tt closing price, couldnt get in tt low

 

 

Global Logistic Properties  inked a new agreement to lease a logistics facility measuring 27,000 square metres in mid-western China to Best Logistics, a third party logistics company. Best Logistics who is a strategic partner with Global Logistic as well as being one of Global Logistic' s largest customers in China by leased area, intends to use the facility to serve customers from the consumer goods and e-commerce industries.

...last: $2.67...

 

Global Logistic - poised to benefit from e-commerce growth in China

• China' s largest modern logistics warehouse player 22% of portfolio leased to ecommerce

With a combined portfolio of 8.7 mn sq m GFA of completed logistic properties across 34 cities in China (another 8.3 mn sq m of development pipeline and 12.4 mn sq m of land reserves or MOUs for land acquisition), Global Logistic Properties (GLP) is a market leader in China' s modern logistics space, making it one of the best proxies leveraged to the fast growing e-commerce and logistics space, supported by urbanisation and growing domestic consumption. Although there has been quite a buzz in the market on fast-growing demand for logistics by e-commerce companies, at present, e-commerce tenants such as Amazon, JD.com (360buy) make up for only 22% of their China leased area-majority of GLP' s portfolio, c.80% of total leased area, is driven by domestic demand, making its portfolio relatively resilient.

Source : Credit Suisse Asia Pacific Equity Research     ...last:$2.82...

 

STOCKS THAT COULD BE TRADING NEAR THEIR POTENTIAL SUPPORT LEVELS
Global Logistic Properties &ndash
Resisted near its 200-day SMA for now... 
Last price: S$2.74

Technically, watch to see if Global Logistic could be supported at S$2.70 as it has been resisted at S$2.87, a potential resistance level mentioned  on 23 Apr 14.

During an investor meetings and 4QFY14 operating update on 25 Apr 14, Global Logistic highlighted that there is a potential 30-40% annual growth in China development expenditure for the next 3-5 years. For its China Business Highlights for FY14, Global Logistic presented that there will be new and expansion leases of 2.3m sqm, up 61% yoy. Total development expenditure for Development Starts for FY14 is US$1.2b, up 20% yoy with 2.5m sqm, which is in line with guidance. Global Logistic has also acquired 4.1m sqm of land, and further growth will be driven by 12.75m sqm of land reserves. 

UOBKayHian

 

Hope it will go above the $3 mark

guoyanyunyan      ( Date: 17-Apr-2014 06:47) Posted: Global Logistic Properties has signed three new lease agreements with Yunda Express, Gooday Logistics and Best Logistics, totaling 96,000 square metres of lettable area in China.   link

 

Global Logistic Properties has signed three new lease agreements with Yunda Express, Gooday Logistics and Best Logistics, totaling 96,000 square metres of lettable area in China.   link

 

Global Logistic Properties-Likely more upside ahead after strong rebound

By Philip Teo, OCBC Wed, 16 Apr 2014, 10:14:11 SGT Likely more upside ahead after strong rebound Key support holding firm.  Global Logistic Properties could see further recovery after rebounding off its $2.55 key support and conquering its 2-month downtrend resistance on heavy trading volume yesterday. Indicator turning bullish..  The MACD has just initiated a sharp bullish crossover this suggests that the upside momentum is accelerating. Target price at $2.85..  The counter could recover further towards the next key resistance at $2.85 (key support-turned-resistance) in the weeks ahead. Stop loss level at $2.53..  Meanwhile, we advocate a stop-loss exit around $2.53, which is slightly below the firm support of $2.55. ...last:$2.70...