Keppel Land

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#51
(18-09-2014, 07:28 PM)greengiraffe Wrote: However, clearly investors know about that and hence price performance has been extremely inferior relative to CCT despite constant expansion in portfolio...

Odd Lots vested
GG

(18-09-2014, 06:37 PM)cfa Wrote: Kreit is really a dumping ground of Keppel Land.
Perhaps management is cognito of this and is trying to redeem itself this time round by taking up a portion of the placement? Shy
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#52
> Kreit is really a dumping ground of Keppel Land.

Dont say so loud la... They provide 5 yrs rental support leh :-)
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#53
(18-09-2014, 10:22 PM)Contrarian Wrote: > Kreit is really a dumping ground of Keppel Land.

Dont say so loud la... They provide 5 yrs rental support leh :-)
Temasek ever spoke against such financial engineering like rental support and dividend waiver.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#54
Who owns Keppel Corp?

Mapletree trust is run by which REIT manager?
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#55
http://www.businesstimes.com.sg/premium/...t-20141003


PUBLISHED OCTOBER 03, 2014
KepLand starts work on office levels of Saigon devt
BYLEE MEIXIAN
leemx@sph.com.sg @LeeMeixianBT

Landmark: Artist's impression of Saigon Centre in Ho Chi Minh City, Vietnam. The mixed-use development's Phase 2 tower will be 42 storeys tall. - FILE PHOTO
KEPPEL Land on Thursday said that it is progressing into the next phase of developing its 42-storey Saigon Centre Phase Two with work starting on 37 storeys of offices and serviced apartments in its landmark mixed-use development in Ho Chi Minh City.
The retail podium, currently under construction, has a pre-commitment of about 40 per cent. Anchor tenant Takashimaya will house its first department store in Vietnam here, taking up about 15,000 square metres. Aside from the podium, the tower has four more storeys of retail space.
Saigon Centre Phases One and Two are jointly owned by Keppel Land, Toshin Development and Vietnamese partners Southern Waterborne and Transportation Corporation and Saigon Real Estate Corporation. Keppel Land holds a 45.3 per cent stake in the development.
Keppel Land last month announced that it will divest its one-third stake in Marina Bay Financial Centre Tower 3 to Keppel Reit for S$1.248 billion.
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#56
http://www.businesstimes.com.sg/companie...rs-phase-2

KepLand's SM-KL project in Manila enters Phase 2
By
Joyce Hooijoyceh@sph.com.sg@JoyceHooiBT
BT_20141014_JHKEPPEL14_1317433.jpg The second phase comprises a 42-storey office building and an extension of an existing five-storey retail component
14 Oct5:50 AM
Singapore

KEPPEL Land is moving into the second phase of its SM-KL project in the Philippines - a joint venture between Keppel Philippine Properties and Banco de Oro (BDO), the banking arm of the SM Group.

This second phase comprises a 42-storey office building and an extension of
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#57
http://www.businesstimes.com.sg/real-est...-of-s2664m

Keppel to redevelop IFC Jakarta Tower 1 at a cost of S$266.4m
Project will more than double its net leasable area of premium office space

By
Lynette Khoolynkhoo@sph.com.sg@LynetteKhooBT
BT_20141020_LKKEPPEL20_1327078.jpg An artist's impression of the redeveloped tower
20 Oct5:50 AM
Singapore

KEPPEL Land has unveiled its plan to redevelop the existing International Financial Centre (IFC) Jakarta Tower 1 which will more than double the net leasable area (NLA) of premium grade office space in the tower from 27,900 sq m to 69,800 sq m.

The estimated cost of
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#58
http://www.businesstimes.com.sg/companie...ower-sales

Keppel Land Q3 profit slides 10.6% on lower sales
Divestment gains help absorb impact of revenue fall; drag comes from property trading segment

By
Lynette Khoolynkhoo@sph.com.sg@LynetteKhooBT
BT_20141021_LKKEPPEL21_1329266.jpg Keppel Land saw a gain S$59.5 million - after accounting for non-controlling shareholder's 35.37 per cent share - from the divestment of Equity Plaza. FILE PHOTO
21 Oct5:50 AM
Singapore

KEPPEL Land's net profit for the third quarter ended Sept 30 slipped 10.6 per cent to S$113 million as divestment gains helped absorb the impact of lower sales.

Group revenue for the third quarter dived 59.6 per cent from a year ago to S$168.7 million, with the main drag
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#59
At today's price of 3.26, Keppel Land is trading at a 28% discount to book value.

Looking at the long term value potential, it seems like a case of the market valuing it very low.

Of course, it could fall another 20% or so to 2.65, but it seems like it is ripe for investing as a value hunter.

http://sgx-stocks-sti.blogspot.sg/2014/1...-land.html

I have penned the rationale above in the post.

Attached is also the excel sheet for those interested in it


Attached Files
.xlsx   Keppel Land Value.xlsx (Size: 14.95 KB / Downloads: 21)
Disclaimer :-

I am not an investment professional.

I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.

Nothing written here is an invitation to buy or sell any particular stock.

At most, I am handing out an educated guess as to what the markets may do.

The market will always find a new way to make a fool out of me (and maybe, even you!).

Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.

I am not immune to that, so please understand that any past success of mine will probably be followed by failures
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#60
http://www.straitstimes.com/news/busines...ess-distri

Keppel Land in joint venture to develop office tower in Yangon's business district
Published on Dec 2, 2014 6:06 PM



By Dennis Chan

SINGAPORE - Keppel Land is tying up with the Myanmar-based ShweTaung Group (STG) to develop a 23-storey office tower in Yangon's central business district.

The tower is located at the intersection of Shwedagon Pagoda Road and Bogyoke Aung San Road.

Keppel Land's total investment in the project will be US$47.4 million (S$61.6 million).

It will hold a 40 per cent stake in the office tower, which is part of Junction City - a mixed-use development which will also comprise the five-star Pan Pacific Hotel, a shopping centre and residential towers.
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