Can it stay above 2.90 now ? Were you informed of the Upside Potential along the way Since July ?
Sent: Tuesday, August 05, 2014 9:16 AM
Subject: Follow UP *********************Bullish Setup: Global Logistic - More upside above 2.80... price 2.82
Subject: Follow UP *********************Bullish Setup: Global Logistic - More upside above 2.80... price 2.82
Seems to be supported above 2.78 to 2.80 level for now. Can consider accumulating above these levels for more upside to 2.86 then 3.00. Uptrend looks intact with 20 DAY MA line pointing upwards strongly. A break above 2.86 would be a further positive. MACD trending upwards gradually at the moment which shows some strength but market weakness may lead it to dip a little before any upside retracement. Raise stop loss to 2.77 now.
Sent: Tuesday, July 29, 2014 3:24 PM
Subject: Follow UP *********************Bullish Setup: Global Logistic - More upside above 2.80...
Subject: Follow UP *********************Bullish Setup: Global Logistic - More upside above 2.80...
Has reached 1st target at 2.80, more upside if can manage above this now, to 2.86 then 3.00. Raise stop loss to 2.78 on clear break above this resistance. J
Sent: Wednesday, July 16, 2014 11:01 AM
Subject: *********************Bullish Setup: Global Logistic - Broke temp resistance..... price 2.74
Subject: *********************Bullish Setup: Global Logistic - Broke temp resistance..... price 2.74
Entry: 2.73 to 2.75 (On clearing of sellers at 2.75)
Target: 2.80, 2.86, 3.00
Stop loss: 2.69
Reason: Has cleared above 2.73 resistance on Top 20 volume currently today after more than a month of consolidation. MORE Upside confirmation needed on the clearing of 2.75 sellers too. A potential rebound stock to ride back up to 3.00.
14 July 2014
#GLP: In early Jul, BNP initiated coverage on GLP at BUY with TP $3.22, in view of the industry’s long-term demand needs in China and GLP’s company-specific competitive advantages.
GLP’s NAV is 52.5% in China, 23.4% in Japan, 5.1% in Brazil and 19.0% in cash.
In China, warehouses have become increasing attractive investments, drawing new entrants. Long-term demand for modern logistics warehouse facilities in China is set to grow due to expansion of retail and growth of e-commerce. Meanwhile, obtaining new land supply is increasingly hard due to ongoing land reforms.
BNP believes GLP is a cut above the rest for three reasons: i) its market leadership position in all three markets, ii) management experience and insight, and iii) good track record.
In particular, its market leadership allows it to enjoy high lease ratios of 91%, 99% and 96% in China, Japan and Brazil. The company has enviable access to land, funding and tenant base – all the factors needed to maintain its leadership.
Financially the company is expected to see revenue CAGR growth >20% over FY15-17.Gearing and cost of debt are low, and the company conservatively adds new projects alongside changes in demand.
Today Barclays also initiates on GLP at Overweight with TP $3.46
GLP’s NAV is 52.5% in China, 23.4% in Japan, 5.1% in Brazil and 19.0% in cash.
In China, warehouses have become increasing attractive investments, drawing new entrants. Long-term demand for modern logistics warehouse facilities in China is set to grow due to expansion of retail and growth of e-commerce. Meanwhile, obtaining new land supply is increasingly hard due to ongoing land reforms.
BNP believes GLP is a cut above the rest for three reasons: i) its market leadership position in all three markets, ii) management experience and insight, and iii) good track record.
In particular, its market leadership allows it to enjoy high lease ratios of 91%, 99% and 96% in China, Japan and Brazil. The company has enviable access to land, funding and tenant base – all the factors needed to maintain its leadership.
Financially the company is expected to see revenue CAGR growth >20% over FY15-17.Gearing and cost of debt are low, and the company conservatively adds new projects alongside changes in demand.
Today Barclays also initiates on GLP at Overweight with TP $3.46
7 July 2014
#Strategy: On a broader strategy report by Macquarie, house still sees opportunities in cyclical sectors that have lagged as well as in the domestic Land Transport sector, benefitting from major policy changes.
Top picks are Noble, Keppel, UOB, GLP and ComfortDelgro and SMRT, with strong catalysts over the next 6-12 months.
Noble's broad based exposure allows it to benefit from economic recovery outside of Asia, and we think the value accretion from its agri business stake sale in 3Q/4Q14 is underappreciated by the market.
Keppel has lagged the recent action in oil price. We see oil as 'stronger for longer', and KEP should catch up. The record order book is growing and being processed in established yards, providing strong visibility.
GLP is a play on China's healthiest macro trends: Retail and Ecommerce. We expect development starts to accelerate and for the benefits of recent partnerships to become more evident.
Top picks are Noble, Keppel, UOB, GLP and ComfortDelgro and SMRT, with strong catalysts over the next 6-12 months.
Noble's broad based exposure allows it to benefit from economic recovery outside of Asia, and we think the value accretion from its agri business stake sale in 3Q/4Q14 is underappreciated by the market.
Keppel has lagged the recent action in oil price. We see oil as 'stronger for longer', and KEP should catch up. The record order book is growing and being processed in established yards, providing strong visibility.
GLP is a play on China's healthiest macro trends: Retail and Ecommerce. We expect development starts to accelerate and for the benefits of recent partnerships to become more evident.
No comments:
Post a Comment