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This article is strange... how can a Chinese based company not know local mkt conditions relative to a foreigner...
http://www.businesstimes.com.sg/premium/...e-20140703
PUBLISHED JULY 03, 2014
Everbright bought land next to CapitaLand's Chongqing site
BYCAI HAOXIANG
haoxiang@sph.com.sg @HaoxiangCaiBT
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BT 20140703 HXCHINA3 1159237
Raffles City Chongqing: CapitaLand's commitment to this project increased Everbright's confidence in its own investment
CHINA Everbright Limited (CEL), which recently bought a stake in Singapore-listed Chongqing developer Ying Li, also bought a piece of land late last year in Chongqing - right behind the site of CapitaLand's landmark $4.1 billion investment.
CapitaLand's sizeable commitment gave Everbright the confidence that its own investment could work out, CEL's head of real estate investment and fund raising, James Pan, told The Business Times.
"We understood the site based on our own research, and CapitaLand's purchase just gave us more confidence. We can see this area becoming mature in five years," he said.
"It takes time, but eventually it will be a good location," he added.
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IMO, a Chinese based company wouldn't know the all market conditions in China. It will know the province or city the company is located. It is possible that a foreigner knows better than a non-local Chinese, after years of local operation.
In short, we should view China, from business perspective, not as one country, but many countries.
Sharing a view.
(not vested, but taking the company as reference)
(03-07-2014, 08:10 AM)greengiraffe Wrote: This article is strange... how can a Chinese based company not know local mkt conditions relative to a foreigner...
http://www.businesstimes.com.sg/premium/...e-20140703
PUBLISHED JULY 03, 2014
Everbright bought land next to CapitaLand's Chongqing site
BYCAI HAOXIANG
haoxiang@sph.com.sg @HaoxiangCaiBT
PRINT |EMAIL THIS ARTICLE
BT 20140703 HXCHINA3 1159237
Raffles City Chongqing: CapitaLand's commitment to this project increased Everbright's confidence in its own investment
CHINA Everbright Limited (CEL), which recently bought a stake in Singapore-listed Chongqing developer Ying Li, also bought a piece of land late last year in Chongqing - right behind the site of CapitaLand's landmark $4.1 billion investment.
CapitaLand's sizeable commitment gave Everbright the confidence that its own investment could work out, CEL's head of real estate investment and fund raising, James Pan, told The Business Times.
"We understood the site based on our own research, and CapitaLand's purchase just gave us more confidence. We can see this area becoming mature in five years," he said.
"It takes time, but eventually it will be a good location," he added.
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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(03-07-2014, 09:12 AM)CityFarmer Wrote: IMO, a Chinese based company wouldn't know the all market conditions in China. It will know the province or city the company is located. It is possible that a foreigner knows better than a non-local Chinese, after years of local operation.
In short, we should view China, from business perspective, not as one country, but many countries.
Sharing a view.
(not vested, but taking the company as reference)
(03-07-2014, 08:10 AM)greengiraffe Wrote: This article is strange... how can a Chinese based company not know local mkt conditions relative to a foreigner...
http://www.businesstimes.com.sg/premium/...e-20140703
PUBLISHED JULY 03, 2014
Everbright bought land next to CapitaLand's Chongqing site
BYCAI HAOXIANG
haoxiang@sph.com.sg @HaoxiangCaiBT
PRINT |EMAIL THIS ARTICLE
BT 20140703 HXCHINA3 1159237
Raffles City Chongqing: CapitaLand's commitment to this project increased Everbright's confidence in its own investment
CHINA Everbright Limited (CEL), which recently bought a stake in Singapore-listed Chongqing developer Ying Li, also bought a piece of land late last year in Chongqing - right behind the site of CapitaLand's landmark $4.1 billion investment.
CapitaLand's sizeable commitment gave Everbright the confidence that its own investment could work out, CEL's head of real estate investment and fund raising, James Pan, told The Business Times.
"We understood the site based on our own research, and CapitaLand's purchase just gave us more confidence. We can see this area becoming mature in five years," he said.
"It takes time, but eventually it will be a good location," he added.
when in doubt, follow the big guy 
just like many investors like to follow warren buffet.
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Another strange incident after Hup, share is surging 4% plus on above average volume of shares, 31 million shares trading at price increase 16 cents in one day, no query, no explanation.
No major news except cancellation of convertible bonds in CapitaCommercial Trust.
Anybody has any thoughts ?
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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The company seems immune from property glut in China and Singapore recently, at least up to now...
(not vested)
CapitaLand Q2 net profit up 14.5% on-year
SINGAPORE — CapitaLand, Singapore’s largest property developer, said today (Aug 5) that its net profit for the second quarter rose 14.5 per cent from a year ago.
Net profit for the quarter was S$438.7 million, compared with a restated S$383.3 million in the same period last year. Revenue fell 13 per cent to S$875.3 million, with Singapore and China accounting for 72.9 per cent of overall group revenue.
The company said it plans to continue investing in well-located sites to grow its pipeline of integrated, residential and commercial developments in Singapore and China. CapitaMalls Asia will focus on opening new shopping malls in China and India in the coming months while continuing to improve the performance of its existing malls, the developer said. CHANNEL NEWSASIA
http://www.todayonline.com/business/capi...t-145-year
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
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I think this sums up well why it is prudent to do instead of waiting for a car crash:
The rules that have been put in place mostly affect people who want to buy a second or third property, he adds. “They make noise because these measures inhibit them from investing,
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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http://www.businesstimes.com.sg/premium/...g-20140923
PUBLISHED SEPTEMBER 23, 2014
CapitaLand's Iskandar township project hits snag
It seeks 6-month extension on launch of first phase of S$3.2b township
BYANITA GABRIEL
anitag@sph.com.sg @AnitaGabrielBT
The Business Times understands that CapitaLand, South-east Asia's largest real estate developer, recently sought a six-month extension on the launch of its 900-unit high rise condominium, which is the first phase of a S$3.2 billion Danga Bay project, which spans some 28 ha on a man-made island - PHOTO: BLOOMBERG
[SINGAPORE] Amid growing anxiety over a glut of high-rise residences in Malaysia's Iskandar, a mega waterfront township project there appears to have hit a snag.
The Business Times understands that CapitaLand, South-east Asia's largest real estate developer, recently sought a six-month extension on the launch of its 900-unit high rise condominium, which is the first phase of a S$3.2 billion Danga Bay project, which spans some 28 ha on a man-made island.
The project is CapitaLand's first big project in the country and one of several major business deals born out of warmer Singapore-Malaysia ties.
The group, which is leading the masterplan and project development, may also tweak the plan and cut down the number of high-rise residential units it plans to offer as Iskandar's rosy appeal wilts under a massive oversupply of homes on the back of frenzied building, according to sources.
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http://www.businesstimes.com.sg/premium/...g-20140923
CapitaLand's Iskandar township project hits snag
It seeks 6-month extension on launch of first phase of S$3.2b township
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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Didn't expect the mainstream media to highlight recent subsequent departures.
Just routine changing of the guard or dissension at the top?
(not vested)
Another senior CapitaLand exec resigns
SINGAPORE: Another long-serving senior CapitaLand executive has resigned, worsening an exodus that has already seen the departure of its deputy chief executive and the head of shopping malls.
“Wong Heang Fine, CEO, CapitaLand Singapore (Residential), will be leaving the organisation at the end of October 2014 to pursue other professional interests," CapitaLand Group CEO Lim Ming Yan said in a statement early Friday morning (Oct 17) in response to a query from Channel NewsAsia.
Mr Wen Khai Meng, the CEO of CapitaLand Singapore, will assume Mr Wong's duties and responsibilities, Mr Lim added.
CapitaLand announced the resignation of Mr Lim Beng Chee, chief executive officer of CapitaMalls Asia, on Sep 1. In June, Deputy CEO Olivier Lim quit after more than 10 years with the property group.
- CNA/cy
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I personally think it is not as simple as routine change of guard, with so many head honcho leaving the company within a short time frame. I guess these people cannot sync with the new leaderships. A news article reported recently said that it could also be due to an external pull factor. Temasek and JTC are planning a merger of four of their operating subsidiaries into a single mega-entity. One of the entities is Surbana, and Liew Mun Leong is the current Chairman of Surbana. Rumours is that Liew will be the Chairman of the merge entity, so perhaps he is now trying to 招兵买马. In any case, people usually won’t leave an organisation if they are happy, or they feel they could be happier going to another organisation. This is especially so for the senior management; money to them is secondary to job satisfaction. I am also quite sure many second/third line managers, who report to these senior jump-ship leaders, have also left the company.
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