1. Listed companies management should try their effort to maximise shareholders' worth, i.e. NAV per share. 823.HK is an good example.
2. I can't see why 016.HK need cash after "share buy-backs". I think the money for "share buy-backs" is not much if it set a price ceiling, say HK$140(i.e. 30% discount of HK200). In fact, if it stop to buy high costly lands until the upwarding interest rate have been slowing down, it should have significant cash flows every month from rental income of its investment properties (malls and office buildings) as well as selling residental apartments.
防守股有追跌跡象，悲觀情緒蔓延
回覆刪除非常好，我最喜歡強勢股成提款機。
刪除由細到大都用boc，長大後在不同銀行開過戶口，始終還是boc服務最好。我是boc的鐵粉！
回覆刪除我重持恒生，中銀及匯控。
刪除香港三大Bank。
論業績，相信頭二者都交齊功課。
Will 016.HK go to HK$160 ?
回覆刪除^_^
我今日突然有個想法，你成日都想新地回購，其實，用這筆錢買地有風險，如果這筆錢買其他實力一樣的地產公司股票，你覺得有無幫助公司價值提升？
刪除If you weight 016.HK as the No.1, what else local listed "property developers/property investment" companies are worth to be invested by 016.HK ?
刪除012.HK? ... 1113.HK? ... 1997.HK? ... 823.HK?
If 16.HK begins to invest in another/other local "bigs", I will sell 016.HK without hesitation!
The conclusion is that 016.HK should exercise "share buy-backs" which is easy, effective and economy to maxmise NAV per share.
It is a simple accounting knowledge but needs management's courage.
I regard nowsdays HK stocks market is undervalued. Local investors need positive news to hold "valuable" listed companies.
^_^
因回購有一二個問題，第一，肯定馬上刺激股價(若管理層不想); 第二，如果回購了，佢想問股東取回現金時，相信阻力會較大。
刪除買地產股有好處是可減低買貴地的風險及亦可即時有收益，最重要是地皮大減價時，佢可即時套現。
當然，新地大把聰明人會考慮最佳方案，何文田及山頂地失落咗，又有塊啟德住宅地100億投資。
刪除新地最近將堅尼地城項目租出去。
刪除最近無新項目出售。
其實，我現在亦無太多現金，如公司回購，其實是變相另類增持，我沒意見，甚至贊成。
刪除1. Listed companies management should try their effort to maximise shareholders' worth, i.e. NAV per share. 823.HK is an good example.
刪除2. I can't see why 016.HK need cash after "share buy-backs". I think the money for "share buy-backs" is not much if it set a price ceiling, say HK$140(i.e. 30% discount of HK200). In fact, if it stop to buy high costly lands until the upwarding interest rate have been slowing down, it should have significant cash flows every month from rental income of its investment properties (malls and office buildings) as well as selling residental apartments.
希望有日如你所願。
刪除