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KWG Property (01813.HK)

KWG Property (01813.HK)

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soros Offline
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#111
07-07-2018, 04:30 PM
bmann025,

Thanks for posting the bocom information.

I think the previous buying momentum for 1813 has collapsed. Lot of trade war news coming into the market and causing reluctance by traders to enter the market.

We have to wait until after the final dividend has been paid next month to shareholders.
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bmann025 Offline
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#112
02-08-2018, 05:31 AM
(05-07-2018, 03:08 PM)bmann025 Wrote: Bocom: China Property

"Sales may slow in Jul-Aug despite strong June
...
We prefer fast runners and focus on cash collection."
http://researchreport.bocomgroup.com/mexp-180705e.pdf

RF and Shimao first to report July data.

No slowdown, even faster growth in July:

http://www.hkexnews.hk/listedco/listcone...011139.pdf
http://www.hkexnews.hk/listedco/listcone...011058.pdf
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soros Offline
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#113
04-08-2018, 02:36 AM (This post was last modified: 04-08-2018, 02:38 AM by soros.)
KWG paid a final divi of RMB 0.31 Yuan per share and I estimate the Chairman would have received about RMB 608 Mil yesterday.

So I am thinking he can afford to spend around RMB 2 Mil per day buying more 1813 shares .
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bmann025 Offline
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#114
04-08-2018, 03:11 PM
(04-08-2018, 02:36 AM)soros Wrote: KWG paid a final divi of RMB 0.31 Yuan per share and I estimate the Chairman would   have received about RMB 608 Mil  yesterday.

So I am thinking he can afford to spend around  RMB 2 Mil per day buying more 1813 shares .

Not sure about HKEX regulations, but I would expect there is usually an embargo in place until results announcement.
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soros Offline
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#115
05-08-2018, 09:12 PM
Under HKEX rules , the blackout period to buy and sell, for directors is 30 days before announcement of Interim results and 60 days before the Final results.
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bmann025 Offline
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#116
28-08-2018, 04:17 AM
KWG results
http://www.hkexnews.hk/listedco/listcone...827964.pdf

... makes me wonder how to analyse such companies. Pre-sales alone obviously not a very good indicator.
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bmann025 Offline
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#117
29-08-2018, 01:18 PM
Bocom
Downgrade to Neutral on 1H18 miss & weaker margin outlook
http://researchreport.bocomgroup.com/mexp-180829e.pdf
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soros Offline
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#118
31-08-2018, 04:11 PM
This Bocom report failed to mention the interim dividend was raised from 10 cts last year to 25 cents this time. This should boost confidence for buyers of this share with prospect of rising dividend .

The estimated NAV is $18 and the share price is below 50% of NAV figure.
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soros Offline
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#119
19-09-2018, 09:17 PM
Latest info on chairman's holding :

11 Sep 2018 : 1,979,555,652
14 Jun 2018 : 1,962,655,652
13 Jun 2018 : 1,962,355,652 ( ex div date ).
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soros Offline
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#120
25-10-2018, 10:26 AM
Latest info on chairman's buying :

24 Oct 2018 : 1,984,902,652
11 Sep 2018 : 1,979,555,652
14 Jun 2018 : 1,962,655,652
13 Jun 2018 : 1,962,355,652 ( ex div date ).
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