Latest Posts By bishan22
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| 17-Dec-2010 17:25 |
Global Logistic
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GLP
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Closed at 2.26. Ho say liao. Monday must take profit. Hahah 
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| 17-Dec-2010 17:19 |
Global Logistic
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GLP
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both GLP and mapletree going up! any one has got information as to what has triggered this? |
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| 17-Dec-2010 17:16 |
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GLP close 2.26!!!
('',)
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| 17-Dec-2010 17:11 |
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WOW !! this one like superman closing !! up up touch the sky !! | ||||||||||||||||||||||||||||
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| 17-Dec-2010 15:42 |
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Adding more lots for new year rally.
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| 17-Dec-2010 14:39 |
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Dont hold too long. Most people take quick profit as market is uncertain. China and Europe are giving the market jitterly. Good luck. 
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| 17-Dec-2010 14:19 |
Global Logistic
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Peoples sold CapmallAsia and buy GLP ? | ||||||||||||||||||||||||||||
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| 17-Dec-2010 14:16 |
Global Logistic
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Bishan22 can start to unload liao... price already at 2.21 :) i'll probably hold on to mine...only because i have no idea how to trade short term haha |
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| 17-Dec-2010 13:46 |
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ya agreed. think in tn the long run, glp is an uptrend stock after all it has been hovering at around the 2.10++ and 2.20++ for some time already. congrats to those who got it! | ||||||||||||||||||||||||||||
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| 17-Dec-2010 13:11 |
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Those thrown blindly bcos of dat rumours... Shd b v v mad now aft seeing GLP now... ('',)
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| 17-Dec-2010 12:49 |
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hey you and i really were thinking the same thing....i doubled my holdings of GLP, bought at 2.12....hope the positive movement continues next week
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| 17-Dec-2010 11:12 |
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What happen to GLP? Any news? |
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| 17-Dec-2010 10:41 |
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Up 0.7. Lucky load at 2.11. Hope it will move back to 2.20 range to take profit. Kekekek 
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| 14-Dec-2010 00:33 |
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Why?
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| 13-Dec-2010 21:25 |
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Basically - anything to do with temasek or glc - do not touch ................................... | ||||||||||||||||||||||||||||
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| 13-Dec-2010 21:15 |
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| 13-Dec-2010 12:56 |
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Hiding does not help GLP has failed investors in not disclosing non-compete agreement with ProLogis and in saying this is not material information when found out Global Logistics Properties’ (GLP) response to a recent article in The Business Times article about its failure to disclose a non-compete agreement with United States-based ProLogis in China and Japan appears to be a case of not wanting to admit guilt upon being found out.
Conrad Raj I am sure investors would have liked to have known about the agreement between the companies, which expires in February.
In just about two months, ProLogis, which sold all its logistics assets in China to GLP in 2008, will be able to compete once again with the Singapore company in China. Many would disagree with GLP and feel that is material information.
GLP says that its prospectus “had not qualified that ProLogis is restricted from competing against the company in China under the non-competition arrangement”.
The GIC subsidiary adds: “In this regard, the company had in its prospectus already treated ProLogis as an existing potential competitor in the same manner as its other potential competitors.”
However, GLP failed to state that despite ProLogis having sold its assets in China to it via GIC Real Estate for US$1.3billion, it could reappear in the market from February next year [2011].
In late 2008, ProLogis exited the China market by selling to GLP 20.7 million sq ft of completed properties and properties under development, as well as about 290 hectares of land. It also sold its interests in five China joint ventures and one property fund, of which the firm’s share amounted to 4.4 million sq ft.
With ProLogis being one of the world’s largest owners, managers and developers of distribution facilities, it could pose as a serious competitor and threat to GLP’s expansion plans in the Middle Kingdom.
GLP now says that it treats ProLogis “in the same manner as any other existing potential competitor that does not currently have a market presence in China”.
It adds that it had declared in its prospectus that it faces increasing competition from a large number of international logistics firms that have expanded or are likely to expand their operations in China.
But this is a general statement that does not disclose the explicit threat from a really solid competitor like ProLogis.
For sure it adds: “We expect many of these providers have sufficient financial, managerial, marketing and other resources to be competitive and may have more experience in logistics facility and land development.”
But why not simply say that one of the major competitors in the very near future could be ProLogis from which it had bought substantial assets?
The man-in-the-street would probably have dismissed ProLogis as a competitor after having only recently sold to GLP its assets in China.
GLP also did not disclose that it was restricted from developing facilities in Japan until February next year. Again it does not think this is material information as it “does not currently have specific plans to develop new facilities or acquire land bank in Japan”. But it did say in the prospectus that if the market conditions are appropriate, it will consider developing new facilities in Japan next year.
The average investor is not interested in the legalese or what the legal interpretation of material or non-material information is.
He or she simply wants to know everything for him or her to make an informed decision.
Hiding does not help, even if it is legal. [hIdIng Is legal ? ? ? ?]
As Mr David Gerald, chief executive and president of the Securities Investors Association Singapore (SIAS), was quoted as saying: “Information that assists with the investment decision or helps an investor in the company make an informed decision ought to be in the prospectus.” The writer is editor at large at Developed and managed by GLP China, GLP Park Tongzhou located within the Beijing Tongzhou Logistics Park is one of three logistics bases designated by the Beijing Logistics Development Project and one of Beijing’s major construction projects. In just about two months, ProLogis, which sold all its logistics assets in China to GLP in 2008, will be able to compete once again with the Singapore company in China.
Many would disagree with GLP and feel that is material information. The Government of Singapore Investment Corp (GIC)-linked company, which listed on the Singapore Exchange in October, contends that the “existence of the non-competition arrangement between the company and ProLogis is not material, and continues to be nonmaterial to the ongoing business of the company”. In this era of “caveat emptor” (let the buyer beware), shouldn’t it be left to the buyer to decide what is material and what is not? Is it not the vendor’s responsibility to disclose information to the fullest, without breaching the Official Secrets Act? |
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| 11-Dec-2010 16:19 |
Global Logistic
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u r very direct and funny,i like it!
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| 11-Dec-2010 16:03 |
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I think what he was trying to say is that if gains were a sure thing with this stock, the stock price would have risen by now. The reason it hasn't is because people aren't sure yet. There is some uncertainty in the chinese economy, and a particular research report which rates GLP as fully valued at $2.10. Being a new IPO as well, there is some uncertainty...but IMO uncertainty is also where opportunity can be found There are no sure things in the business of investing. This forum is overpopulated with short term speculative traders, hence the label of junk stock on GLP by such individuals simply because the price doesn't 'chiong' up and down like Genting As a long term investor i am more interested in value and long term growth potential. IMO this stock offers this, but i definitely don't have absolute certainty, and the fact that i have a well diversified portfolio (as opposed to putting everything i have into GLP) is a reflection of that. IMO current prices are good value. But please bear in mind i am not a punter. I pay for my stocks in cash and can keep them as long as I want. It seems my profile is not a common one here. I have no idea how this stock will perform in the near term. But i think a guy prepared to hold this stock at least 6-9 months will probably make a decent amount of money, barring some meltdown in the Chinese market (which will demolish just about every other stock anyway) |
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| 10-Dec-2010 21:07 |
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Walau eh...what the freak u talking eh...(,") 51% Price up u claim right eh...49% price down u also right eh...(,") Price got go centre meh eh...(,")
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