Deep Sea
:
Me too. I sold off at 3.41 when the company posted 1st quarter updates. This year earnings will be lower than last year. Their residential projects in China are facing problem selling.
Siausin
Go To The Moon
OP
:
People have been overtly bearish on Hong Kong commercial and China residential markets. Property market experiences up and down cycles. Trading at less than 0.3x revalued asset value ( prime commercial assets in Hong Kong) and at dividend yield of more than 6%. This is an extremely undervalued stock. Every dog has its day.
Deep Sea : Me too. I sold off at 3.41 when the company posted 1st quarter updates. This year earnings will be lower than last year. Their residential projects in China are facing problem selling.
Go To The Moon OP Deep Sea : I sell too early at 3.31. thank for the information. I still keep some.
Deep Sea Go To The Moon OP :
beedeebee : why you all sell? it's going up.
Siausin Go To The Moon OP : People have been overtly bearish on Hong Kong commercial and China residential markets. Property market experiences up and down cycles. Trading at less than 0.3x revalued asset value ( prime commercial assets in Hong Kong) and at dividend yield of more than 6%. This is an extremely undervalued stock. Every dog has its day.