GuocoLand

[winston]

vested

Guocoland's 2QFY15 revenue saw a 40% YoY gain to S$355.7m and PATMI increased 167% YoY to S$42.5m, due to revenue recognised from the sale of an office tower in Shanghai Guoson Centre

Source: OCBC

[winston]

vested

Time: 5:04PM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Bullish MACD Crossover
Last Done: $1.8

Source: UOBKH

[winston]

vested

Time: 11:33AM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Resistance - Breakout with High Volume
Last Done: $1.84

Source: UOBKH

[winston]

vested

Time: 3:12PM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Bullish MACD Centerline Crossover
Last Done: $1.82

source: UOBKH

[winston]

vested

Time: 3:30PM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Bullish MACD Centerline Crossover
Last Done: $1.82

Source: UOBKH

[winston]

vested

Guocoland's earnings more than doubled in the third quarter ended Mar 31, as its cost of sales rose by a slower pace than its revenue.

The firm recorded a net profit of S$49.5 million, up from S$21.5 million a year ago.

This translated to earnings per share of 4.24 cents, compared with 1.72 cents the same period last year.

Its revenue increased 21 per cent to S$325.9 million, due to the sale of serviced apartments in Shanghai Guoson Centre.

The group said that buying sentiment for private residential property in Singapore is "likely to remain subdued". It was, however, slightly more optimistic for China,
noting that the government there had rolled out certain measures which may ease the residential property market.

Source: Business Times

[winston]

vested

Time: 11:52AM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Bullish MACD Crossover
Last Done: $1.98

Source: UOBKH

[winston]

vested

Time: 2:20PM
Exchange: SGX
Stock: GuocoLand(F17)
Signal: Resistance - Breakout with High Volume
Last Done: $2.15

Source: UOBKH

[behappyalways]

GuocoLand sells China real estate project to Cinda for $2.3 bil
http://sgx.i3investor.com/servlets/fdnews/53306.jsp

[winston]

not vested

Absence of divestment gains drags 3Q results
GUOL SP / GUOC.SI | ADD - Maintained | S$1.89 tp:S$2.74
Mkt.Cap:US$1,667.00m | Avg.Daily Vol:US$0.16m | Free Float:32.00%

3QFY6/16 net profit declined due to the absence of asset sales. This resulted in 9MFY16 net profit making up c90% of our FY16 forecast.

Its Singapore projects are seeing sales pick up progressively.

TPC is on track to completion in Jul 16 and will be a strong recurrent income source when fully leased.

Strong balance sheet, with net gearing of 0.66x at end-3QFY16.

Maintain Add, with a slightly higher RNAV-based target price of S$2.74.

Source: CIMB