ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Not too long ago, the government reduces the maximum industral leasehold tenure from 60 years to 30 years. While this applies only for the new land, will this have any impact on the Boustead's DBL model in the long run?

To be optimistic, maybe more will adopt the DBL instead of DBST given that they will face higher exit cost. To be pessimistic, that might mean that Boustead will have DBL portfolio of shorter land lease which might make it even harder them to spin off as a REIT

When a customer signs up a DBL project with Boustead, can I assume that Boustead will be the one that will source for industrial land to lease? Does Boustead then have the right to choose which piece of land to lease? When I check the last annual report ending Mar 2011, under the properties held for sale, most of the Singapore's properties are either 60 years or 30 years with option to renew another 30 years with a starting period from 2005-2007.

(vested)

If I am not wrong, the government is giving the industrial space users an option to choose 30 years or 60 years lease period, not setting the maximum 30 years only. 30-year lease will be much cheaper than 60-year, and a lot of companies do not continue that long as well.

(28-06-2012, 02:53 PM)freedom Wrote: [ -> ]If I am not wrong, the government is giving the industrial space users an option to choose 30 years or 60 years lease period, not setting the maximum 30 years only. 30-year lease will be much cheaper than 60-year, and a lot of companies do not continue that long as well.

http://www.stproperty.sg/articles-proper...ed/a/69947

essentially, all lease term of new industrial land issued by government will be capped at 30 years. for 60 years leasehold, you have to purchase from existing leasehold land holder.

Boustead clinched another $20M worth of O&G contracts, a good piece of news to close off 1Q FY 2013.

(29-06-2012, 07:02 PM)Musicwhiz Wrote: [ -> ]Boustead clinched another $20M worth of O&G contracts, a good piece of news to close off 1Q FY 2013.

On the charts, Boustead appeared to have cleared the immediate resistance of 91.5 (there since Aug 11) and heading towards the next target of around 1.05.

Still undervalued even on div yield basis and not to mention the cash hoard that has yet to be productively employed.

I'd always thought FF Wong might have the last laugh regarding the Big Box Project, but not this soon...

http://info.sgx.com/webcoranncatth.nsf/V...D0049265A/$file/Announcement_-_Termination_Of_IFA.pdf?openelement

FF and Boustead made the first move on Big Box and abandoned it. Subsequently, we had Indian owned Sembcorp Engineers and then this fund manager.

No go means no go. Time is running out for TT Int'l and I think authorities are likely to repossess the land and probably re-tender it as a 99yr white site in years to come given the substantial development around Jurong East Central.

(01-07-2012, 03:07 PM)Muck Wrote: [ -> ]I'd always thought FF Wong might have the last laugh regarding the Big Box Project, but not this soon...

http://info.sgx.com/webcoranncatth.nsf/V...D0049265A/$file/Announcement_-_Termination_Of_IFA.pdf?openelement

Boustead Kicks Off CNA - The Centennials Series 8.02pm, 9 Jul 12 Monday

http://www.channelnewsasia.com/tvshows/t...=Singapore

NEA and IBM tie up to develop better uses of environmental data
By Wayne Chan | Posted: 03 July 2012 1147 hrs

http://www.channelnewsasia.com/stories/s...20/1/.html

IBM is a partner and NEA is a client of ESRI.

if you wonder why I have so much news about ESRI, it is because I am subscribed to this http://www.geospatialworld.net/ . It is a free subscription to news and be prepared to get spammed by GIS news globally everyday

----------------------------------------------------------------------------------------------------------------------------------

GIS market in APAC to grow at 7.8 pc: Technavio

Publish Date: 06 July 2012

Dublin, Ireland: Technavio, a market research firm, forecasted that the GIS market in APAC region will grow at a CAGR of 7.8 percent over the period 2011-2015. One of the key factors contributing to this market growth is increasing investment in GIS by the Public sector. The GIS market in the APAC region has also been witnessing that many vendors have started to offer enterprise GIS applications. However, the increasing threat of low-cost vendors could pose a challenge to the growth of this market.

TechNavio's report, the Geographical Information Systems Market in the APAC Region 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the APAC region; it also covers the GIS market in the APAC region landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Commenting on the report, an analyst from TechNavio's Engineering team said, ''The vendors in the GIS market are providing customised GIS applications to meet specific industry requirements. Moreover, vendors are developing application-specific GIS solutions, which are in high demand among customers as they are more cost effective than general purpose GIS solutions.''

According to the report, the Public sector is one of the major end-user segments in the GIS market in the APAC region. Many government and military organisations are investing heavily in GIS technology to enhance their national security infrastructure. The Public sector is expected to retain its dominant position in the market for the next few years. Moreover, many are developing GIS technology and applications to meet the specific requirements of the government and military organisations.

Further, the report also discusses that the increasing number of vendors offering low-cost GIS hardware components is one of the major challenges in the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

Source: Research and Markets