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

> The fox revealing it's tail?

I would say yes.

He owned 88% of the company by way of acquiring F&N. To him its small deal to him we bet with our hard earned money bro.

I would want to see what and how the company executes after the Thai real estate market inclusion.

Does anyone know of F&N closely?. Did he inject some of his own F&B business into the company?

(11-11-2015, 08:38 AM)MINX Wrote: [ -> ]

(10-11-2015, 10:49 PM)greengiraffe Wrote: [ -> ]

(10-11-2015, 10:39 PM)Contrarian Wrote: [ -> ]I dont like this move. Thailand is not a global investor favorite property market.

Politically country leadership is unclear now.  And less investors would be keen on thai properties..

Got to give Towkay the benefit of doubt since he knows Thailand thru and thru...

In GODFather we trust
Vested
Core 
GG

The fox revealing it's tail? 

My feel is that chaoren is moving his assets around to mitigate any negative political situations in thailand. Nothing truly beneficial for minority shareholders.

Fingers crossed, as long as he doesn't start to oppress minority shareholders, I'm fine with the strategic moves he make.

(vested)

Sent from my D5503 using Tapatalk

Charoen is a man with good reputation.

Let's hope the future actions help FCL grow a 4th market and extracts maximum recurring revenue to address any possible market worries :-)

http://www.frasersproperty.com.au/NSW/Shell-Cove

Marina land wait over
LISA JOHNSON

382 words
9 Nov 2015
Illawarra Mercury
ILM

English

The wait is almost over for investors hoping to build their dream home near the long awaited Shell Cove marina.
The Waterfront Shell Cove was advertised in the Illawarra Mercury on Saturday with potential buyers invited to register their interest in participating in a ballot, for a chance to secure a slice of the prime coastal land.
Frasers Property Australia development director Glenn Colquhoun said interest was so strong over the weekend that registrations of interest for the first release were now closed.
A joint project between Shellharbour City Council and Fraser's Property Australia, the first land release consists of 21 lots.
The price guide for the land lots, which range in size from 393 metres square to 814 metres square, is between $435,000 to $635,000.
"We will have a number of further releases coming up next year and those interested in these releases can register their interest on the Shell Cove website," Mr Colquhoun said.
Shellharbour City Council Mayor Marianne Saliba said the development of the town centre and the first stage of the housing around the harbour was an exciting time for Shellharbour.
"This is something that has been almost 30 years in the making and I can't wait to see it finished," Cr Saliba said.
"We are very excited about it. We have been waiting a long, long time."
Cr Saliba said the Shell Cove development was progressing well with the harbour now more than 60 per cent dug out and boats expected to be moored in 2018.
"It's tangible now. We can actually see what's going on down there now."
"I have no doubt that there will be a great demand for those properties."
When complete, the Waterfront development will also include a supermarket, shops, cafes, restaurants and speciality shops, along with children's water play areas and parkland.
"When the marina and harbour are built it is going to be an asset for the whole of the city," she said.
"People from Albion Park, Oak Flats, Flinders or wherever they live, will be able to make use of that open space around that waterfront and enjoy watercraft type activities."
For information about the development go to http://www.frasersproperty.com.au/NSW/Sh...ty.com.au/.

Fairfax Media Management Pty Limited

http://www.frasersproperty.com.au/WA/Por...n-the-Park

More room to move at Port Coogee
Angie Tomlinson

229 words
14 Nov 2015
The West Australian
TWAU

English

Cubist design with a coastal edge was the inspiration behind a new “town home” development at Port Coogee.
Priced from $693,000, Frasers Property Australia’s PC on the Park features a mix of two and three- bedroom, two-storey homes less than 80m from the Port Coogee Marina.
Frasers WA general manager Tony Perrin said the project offered an alternative to apartment living.
“We have created a conventional two-storey dwelling with more living areas than an apartment for less than $750,000 but with spacious open-plan living, private courtyards and balconies for outdoor living with uninterrupted marina and parkside views,” Mr Perrin said.
Using geometric shapes on the exterior, the interiors use contemporary timber and stone elements to reflect the coastal setting.
Mr Perrin said the homes used passive-solar design, natural ventilation and natural-light penetration principles resulting in a NatHERS energy rating of 9.5 stars. Buyers can also purchase upgrades on the interior finishes.
When complete, the nearby Marina Village will offer waterfront dining, retail and entertainment options including the Port Coogee Village Shopping Centre currently under construction.
Port Coogee estate facilities include parks and gardens, barbecue areas, water playgrounds, public art and cycle-friendly walking trails.
Construction is expected to begin early next year, with completion by the end of the year.

West Australian Newspapers Limited

http://www.valuebuddies.com/thread-5870-...#pid122623

http://www.frasersproperty.com.au/WA/Port-Coogee

(18-11-2015, 06:08 AM)greengiraffe Wrote: [ -> ]http://www.valuebuddies.com/thread-5870-...#pid122623

http://www.frasersproperty.com.au/WA/Port-Coogee

Actually visited Port Coogee showroom/site awhile back... it's quite nice, with brisk sales, probably due to the location (near city) and environment. So wouldn't expect the apartments to be any different. 

However it's only a tiny tiny tiny portion of Australand's residential portfolio...

http://www.valuebuddies.com/thread-5501-...#pid122719

In hindsight, FCL bought ALZ well and is systematically developing and extracting value from ALZ's asset heavy and asset light platforms...

Since the mega acquisitions in late 2014, ALZ has featured prominently not withstanding A$ declining from 1.15 to a recent par levels. Should the veteran prediction comes true... one can expect tailwind for ALZ in terms of currency exposure.

If I recall correctly FCL-ALZ is by far the largest exposure that any SGX listco can find.

Pls correct me if I m wrong

Vested
Core
GG

> In hindsight, FCL bought ALZ well and is systematically developing and extracting value from ALZ's asset heavy and asset light platforms..

Guru GG, the timing of FCL purchase of ALZ is on hindsight perfect. Not just they the purchase came with a big pipeline of stable yield assets.

In 2015 -

1. China and Australia economies also slowed down considerably, causing a significant decline in the interest rates.

2. Chinese developers also flooded down under to cushion china real estate slowdown.

So... there u have it... FCL riding high on its decision. The most generous on hindsight... capitaland, but they also got a good premium price :-)