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It's an investible developer with good fee income gone. Kep Corp probably see the need Kepland's earnings to tide over the lean years of O&G...

no wonder. no special dividend from KepLand

wonder which undervalued developer is next??
Besides the cheapness, there is also the QC issue with unsold inventory.

Would the powerful Lippo make a move on OUE?
Or Wheelock HK close in on Wheelock here?

Hi CY09 - which publication may I find the article?

(23-01-2015, 03:39 PM)newyorkcityboy Wrote: [ -> ]Hi CY09 - which publication may I find the article?

Hi sorry for the typo,

The publication was published 1 days ago on Yahoo news, titled some residential projects running out of time

(23-01-2015, 03:33 PM)newyorkcityboy Wrote: [ -> ]wonder which undervalued developer is next??
Besides the cheapness, there is also the QC issue with unsold inventory.

Would the powerful Lippo make a move on OUE?
Or Wheelock HK close in on Wheelock here?

No wonder OUE and Wheelock price shoot up today.

ya. Given Kep Corp is paying close to the NAV for Kep Land, OUE and Wheelock are potentially still cheap.

(23-01-2015, 03:33 PM)newyorkcityboy Wrote: [ -> ]wonder which undervalued developer is next??
Besides the cheapness, there is also the QC issue with unsold inventory.

Would the powerful Lippo make a move on OUE?
Or Wheelock HK close in on Wheelock here?

Good strategy!

Just direct buy and take over! figure europe QE funds will be coming in too for bargain huntings!

developers trading undervalue, watch out for outright take over!

My two cents worth would be that it is not likely.

Keppel Corp has cash, investing now in low oil price environment does not make sense for them. So, buying out Keppel Land at 4.4-4.6 makes sense, because Keppel Land is likely to be worth $5-7.

That would not be the case for OUE, Wheelock.

Last time this year.. capitaland took Capmallasia private.. 水涨船高 but not all 船 are sustainable.

Congrats to those who held on.. Keep a lookout next year for the next one .