免責聲明：

免責聲明：本網誌純屬個人文章, 所有評論全是表達個人意見, 絕對不應視作為投資見議. 本人同時不能保證文章內容的確實性. 讀者必須自行判斷和研究. 至於讀者的一切投資決定, 不論成敗得失. 一概與本人無關.

2020年11月5日星期四

回購股份

本地經濟環境差 不利地產業 這和媽媽是女人一樣 有誰不知? 但看埋地產股的財務數據 你就會發覺其實地產股好抵買.

新地市價$101.9(Nav$197.3); 長實$38.15($93.2); 恆基$29.3($66.2); 信和$9.4($20.5); 新世界$37.45($83.5); 恆隆$20.3($30.8); 九置$33.7($71.2); 希慎$26.05($74.3).

其實地產股最有利的投資行動 就是回購自身股份 不為者實在對不起股東呀! 

香港股市卻和本地經濟情況如平行時空 各行各路 當然其主因是港股已是中國新科股的天下 今天恆指收報25695 大升809點 大成交1766億元 皆大歡喜!.

發佈者： 於

12 則留言:

  1. STUDENT SAYS 股海心經2020年11月5日 下午5:27

    Recently, only 014.HK is exercising "share buybacks".

    Much like 014.HK!

    ^_^

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    1. Billyho2020年11月5日 下午5:56

      I like 14 too

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    2. STUDENT SAYS 股海心經2020年11月5日 下午5:56

      P.S. 014.HK is developing a "luxury residental" land (actually these are 2 lands bought in 2016, average cost HK$25,000/sq.ft.

      I guess once this project is sold, 014.HK would have much more available cash for paying annual dividends.

      I guess 014.HK's annual dividend yield can be 7%p.a.(at today's closing price HK$26.25), i.e. @HK$1.84/share, at 2022 and thereafter. (now is HK$1.44/share)

      I see 014.HK is more attractive than REITS.

      ^_^

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    3. STUDENT SAYS 股海心經2020年11月5日 下午6:19

      此留言已被作者移除。

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    4. STUDENT SAYS 股海心經2020年11月5日 下午6:20

      Correction again:

      Average cost should be <HK$7,000/sq.ft.

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    5. STUDENT SAYS 股海心經2020年11月5日 下午6:20

      My expected selling price of this Tai Po project is >HK$25,000/sq.ft.

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  2. Unknown2020年11月5日 下午5:52

    All hk property stock seem seldom buy back...dont know why...

    May be they think they can earn much more by investing to land?

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    1. Billyho2020年11月5日 下午6:04

      Plutocrats control more assets as the primary purpose

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    2. STUDENT SAYS 股海心經2020年11月5日 下午6:10

      With such significant discounts, exercising "share buybacks" and cancelling them can immediately maximising NAV/share.

      If buying a high costly land at open market and developing them for few years(usually 4~5 years), there are full of uncertainties.

      I think one of the reasons that 014.HK's share price was not performing good over past 3 years(highest market price was >HK$45!) is more or less due to the Tai Po project.

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    3. STUDENT SAYS 股海心經2020年11月5日 下午6:15

      Buying back company's shares and cancelling them is fair to all shareholders and it would also increase the shareholding % of the major shareholder. No controlling interest is affected. Of course, provided the company has enough idle cash to exercise "share buybacks".

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    4. Billyho2020年11月5日 下午6:47

      the whole company cost 27.3billion only.
      very undervalued.

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  3. Jonathan Chan2020年11月6日 上午11:57

    Any comment on 1972? I find it’s lands in Admiralty very valuable. Other land in island east and mainland are not bad too

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