Global Logistic   

GLP

If can predict, then cable car will not meet the accident in 1985, and Lee Hsien Loong will not get promoted to 1 star BG. Who can predict, that is why, do matter what, I always make a point, 1st day IPO, just sell and make $$ 1st.

daylight28      ( Date: 08-Mar-2011 17:31) Posted: should have sold off during the 1st week after IPO. now is negative value. luckily i have only 1 lot.

 

Always Sell IPOs within 3 days from Listing and Never Buy them for the next 6 months.

daylight28      ( Date: 08-Mar-2011 17:31) Posted: should have sold off during the 1st week after IPO. now is negative value. luckily i have only 1 lot.

 

should have sold off during the 1st week after IPO.

now is negative value.

luckily i have only 1 lot.

 

Funny leh! Why there's no mention of this one being included in the STI as component stocks. Its capitalisation is no less than CMA. Which stock will be out next......SMRT?

 

Wah. Those who subscribed to IPO  very frustrated. Could have saved money, and opportunity cost, if wait till now to buy. Goes to show, there are no real guarantees. No matter who the parent are.

chriscyng      ( Date: 04-Mar-2011 11:47) Posted: This stock. trading up n down for more than a week./....

 

This stock. trading up n down for more than a week./....

 

Despite good day today, tis big elephant refuse to move. 

 

$1.90 support looks pretty strong, lets see for how long unless it go back above its ipo price soon....am still waiting for 1.83 - 1.71 to appear to buy more. Lets see. Hehe!

 

GLP Down 2.1% China GDP target dents sentiment

Tags: Global Logistic Properties

Written by Dow Jones & Co, Inc

Monday, 28 February 2011 12:00

Global Logistic Properties (MC0.SG) is down 2.1% at $1.91, after hitting a post-listing $1.87 low earlier in robust volume of 12 million shares, with its sentiment likely dented after Chinese Premier Wen Jiabao said Sunday the government will set a target of 7.0% average GDP growth for 2011-2015.  GLP has a total China GFA of 6.9 million sqm, about 71% of its overall portfolio. “I suppose if you were to take the 7.0% figure at face value, people think ‘oh no, they’re really tightening the screw’ and therefore opportunity will be significantly reduced, so if people make that correlation, that’s what this news implies on the surface for people like GLP etc.,” says CIMB economist Song Seng Wun.    However, he adds, “I think we can be a bit more discerning and think the pace of growth may slow down but the opportunity and underlying momentum remains fairly firm, the chances are that 7.0% number is more rhetoric than anything else.”    $1.88 likely to support near term.

 

Set new low this morning since its ipo.... am still waiting for 1.83 - 1.71 to appear to buy more. Lets see.

 

knightrider      ( Date: 17-Feb-2011 15:14) Posted: " Si pa ho tong" , lowest still at S$1.89

 

lol drop so much. what happen?

rotijai      ( Date: 25-Feb-2011 09:51) Posted: the more good business news they announce.. the lower this counter goes..

 

haha...if arab going to increase oil output....you can see this counter wearing red underwear and fly

 

the more good business news they announce.. the lower this counter goes..

 

Global Logistic Properties: Annouced that it will invest in a US$200m venture with Suzhou New District Bonded Logistic Center Development Co develop a logistics park in Suzhou in China's Jiangsu Province. GLP will own 90% of the venture.

Project will be a distribution hub and integrated logistics park for Co’s seeking to enhance their supply chain efficiency in the Suzhou region and greater Shanghai area. Announcement marks GLP’s 6th dev in Suzhou since 2004 and will further strengthen partnership with the local govt. Grp currently manages over 441,032 sqm of logistics facilities in Suzhou region and has been providing modern logistics facilities to Co’s from a wide range of industries.

As of Dec10, grp’s stabilized portfolio was 96% occupied.

 

Global Logistic Properties, one of the market leaders in modern logistics facilities in China and Japan, announced it has entered into a joint venture with Suzhou New District Bonded Logistic Center Development Co. (SND BLCD) to jointly develop the GLP Park SND which will service logistics tenants in Suzhou, Jiangsu province of China.

GLP Park SND, consisting of 1,000,000 square meters of land in SND, is located in the Suzhou National New & Hi-Tech Industrial Development Zone in southeast of downtown Suzhou, a neighbouring city of Shanghai. The total expected investment is US$200 million ($256 million).

GLP Park SND will serve as a distribution hub and a premier, fully-integrated logistics park accommodating manufacturing and domestic consumption needs for those seeking to enhance their supply chain efficiency in Suzhou region and greater Shanghai area.

GLP will own 90% of the new venture while the remaining 10% will be owned by SND BLCD. a wholly-owned entity of the Suzhou government. Phase I of the project will accommodate new, modern logistics facilities with expected total gross floor area (GFA) of 200,000 square meters.

Under phase I, GLP’s estimated investment amount will be US$90 million.

/theedge/

 

 

can buy now?

 

This one seems to be able to hold up quite nicely ~ its ipo price in view of the recent market consolidation.

Still waiting for 1.83-1.71 to buy more.... can someone share its yield/dividend forecast if any?

 

knightrider      ( Date: 17-Feb-2011 15:14) Posted: " Si pa ho tong" , lowest still at S$1.89

 

ya i sidelining now dare not do anything.wonder when will it stop.thought report not bad but doesn't seems to help.

they must be collecting

hotokee      ( Date: 21-Feb-2011 14:37) Posted: One lot selling or buying can lift up or drag down the price.   This tactic can only be played by the remisiers or the stock brokers. I have seen this many times mostly when they are pushing the stock down, so be careful. yummygd      ( Date: 21-Feb-2011 14:33) Posted: kena played right now. one lot down one lot down. but no vol so even one lot down price stuck there