drbubb Posted July 7, 2020 Author Report Share Posted July 7, 2020 UPDATE: Sep.2021. At $18, hk10 has 8.1% "yield" based on share of hk101 divs.& 4.55% on its own $0.82 div. Ten Year Downtrend in HK10... But now deeply oversold, along with China stocks HK10-etc: 10yr: 5yr: 3yr: 1yr: Ytd: 10d/ Last: $18.12 / hk2823= $18.07 = 100.3% at 9.30, prev.102.9% HK101-etc, Update: FLIP: 10d /.hk10: $18.12 + 0.24, hk101: $17.82 -0.14, HK2823: $18.07 +0.05 HK-etc - from: 1/2003: 1/2019: Upcoming dividend of HK$0.21/ sh ... ex. Sept 2021. Payment date: 29 Sept 2021 Substantial Shareholders: HLG/hk10: September 9, 2021* 2,616.6M =58.16% [ "8.1% Yield" calculation: Each HK10 share, is backed by 1.92 shares* of HK101 ( Was below 50% when I first started looking.) 2616.6M / 1362M= 1.92 HLP sh. :: HLP Div = 0.76 x1.92 = $1.46 /$18= 8.11% So: HLG collects $1.46, and pays out $0.82, leaving $0.64 which then tends to get invested (eventually) in HLP, building its ownership stake, which is now at 58.16% (Trigger for making a general offer may be at 75%.) UPDATE: 9/22/21 / HLP os: 4,498Msh, 2,617M held by HLG (58.16%) / HLG os: 1,362M sh, ye’20 / HLP @ $17.20 = HLPPY: US$11.22 / 56% $30.74 BV Div.$0.76: $3.42B x58.16%= $1.99B/1,362M HLG= $1.46 inc.Div/HLG sh. (x$0.76: $1.99B > Excess CF: $870M > HLG, Net Div. Flow in 2020 / HLG @ $17.54 = HNLGY: US$12.65 (112.7%) ’21 / 25.9% $67.62 BV (100% : 1.362B), div (x$0.82: $1.12B) / In 2018, HLG bot 10.7M HLP sh x $18.60= cost $200M: in 2020 : 2616.6M ye’20, - 2605.9M ye’19: 10.7M HLP shares added : $870M - $200M = $670M excess CF after divs,, HLP sh. Purchases ’Yr: HLPo: Gheld: Pct. : Pdiv: R/1362: DvInc: ye’H10: incY: gDiv: DivY: GbkV: %-BV:9/21 4,498 2,617: 58.2: $0.76: x1.921: $1.46: $17.80 8.2% $0.82, 4.61: 68.00: 26.2% ’20: 4,498: 2,617: 58.2: $0.76: x1.921: $1.46: $19.28: 7.57: $0.82, 4.25: 67.62: 28.5% ’19: 4,498: 2,606: 57.9: $0.76: x1.913: $1.45: $19.26: 7.55: $1.08, 5.61: 67.03: 28.7% ’18: 4,498: 2,505: 55.7: $0.75: x1.839: $1.38: $19.94: 6.92: $0.80, 4.01: 63.47: 31.4% ’17: 4,498: 2,047: 45.5: $0.75: x1.503: $1.13: $28.75: 3.93: $0.80, 2.78: 61.04: 47.1% ’16: 4,498: 2,020: 44.9: $0.75: x1.483: $1.11: $27.00: 4.11: $0.80, 2.96: 55.55:48.6% ’15: 4,498: 1,993: 44.3: $0.??: x1.463: $1.00E $25.20: 0.00: $0.8E, 0.00: 50.00: 50.0% ’14: 4,498: 1,90E: 00.0: $0.??: x1.45E: $1.00E $35.20: 0.00: $0.8E, 0.00: 50.00: 50.0% ==== OLDER / HK10 is still lagging... Getting relatively Cheaper & cheaper HK101 vs Hk10 ... since 2017: 2018: 10d / 07/07/20: $19.02: $19.80: (0.78): r-96.1% HLG/HK10 Holds: 2,616,623,240 shares (58.18%) in HLP/HK101... was 57.94% ye'2019 HLG: 2.62 Bn. x 0.76= HK$1.99 Bn (- 1.36 Bn x 0.82= $1.12 Bn)= Gains: $870M from Divs At end 2018, HLG owned ??? % of HLP.. At end 2017, HLG owned 55.7% of HLP, up from 53% Date----- : Hk10-: HK101: $Gap : Ratio-- / HK2823: ratio%/ HK.10: Hk101: gap-: R.Yields: BkVal. '20: $67.62: $30.74: NMF-: r-213.% /======== New: $0.82 : $0.76 : $0.06: r108.% Earns/sh.: $ 2.08 : $ 0.93 : $2.08: r-224.% / 06/24/21: $20.20: $19.42: $0.78: r-104.%/ $19.96: r-101.%/ 4.05% 3.91% (0.14%) r103.6% 5/5-exDv:: $19.68: $20.20: (0.52): r-97.4%/ $19.40: r-101.%/ 4.17% 3.76% (0.41%) r110.9% 03/31/21: $19.68: $20.20: (0.52): r-97.4%/ $19.40: r-101.%/ 4.17% 3.76% (0.41%) r110.9%12/31/20: $19.28: $20.45: (1.17) r94.28%/ $19.98: r-96.5%/ 4.25% 3.72% (0.53%) r-114.%: 09/30/20: $17.62: $19.58: (1.96): r-90.0%/ $16.79: r-114% / 4.65% 3.88% (0.77%) r119.8% 06/30/20: $18.02: $18.36: (0.34): r-98.1%/ $14.66: r-123.%/ 5.99% 5.06% +0.93% r118.4%: 5/5-exDv: $16.22: $15.60: $0.62: r104.0%/ $13.52: r-120.%/ 6.66% 5.96% (0.70%) r111.7%: 03/31/20: $16.34: $15.74: $0.60: r103.8%/ $13.16: r-124.%/ 6.60% 5.91% (0.69%) r111.6%:/ 01/20/20: $20.95: $19.24: $1.71: r108.9%/ $15.62: r-134.%/ 5.16% 4.83% (0.33%) r111.4%:: BkVal. '19: $65.45: $30.73: NMF-: r213.% /========= Old : $0.80 : $0.75 : $0.05: r107.%12/31/19: $19.26: $17.10: $2.16: r112.6%/ $15.32: r-126.%/ 4.15% 4.39%: 0.24%: r-94.5%: 12/31/20: $19.28: $20.45: (1.17) r94.28%/ $19.98: r-96.5%/ 4.25% 3.72% (0.53%) r-114.% Link to comment Share on other sites More sharing options...
drbubb Posted July 23, 2020 Author Report Share Posted July 23, 2020 PULLBACK to 144d MA (about $18)... then maybe higher HK10 ... update / last: $18.36 +0.16 Link to comment Share on other sites More sharing options...
drbubb Posted August 24, 2020 Author Report Share Posted August 24, 2020 RECORD relative strength in HK101 vs HK10 ... 10yr: 2018: 10d / Below 90%, Wow! Date----- : Hk10-: HK101: $Gap : Ratio-- / HK2823: ratio%/ HK.10: Hk101: gap-: R.Yields: BookVal. : $65.45: $30.73: NMF-: r-213.% /======== New: $1.08 : $0.93 : $0.15: r116.% Earns/sh.: $ 3.88 : $ 1.80 : $2.08: r-216.% / 08/24/20: $19.48: $21.75: (2.27): r-89.6%/ $16.86: r-116.%/ 5.54% 4.23% +1.31% r131.0% 07/31/20: $18.74: $19.02: (0.28): r-98.5%/ $16.40: r-114.%/ 5.76% 4.89% +0.87% r117.8% 06/30/20: $18.02: $18.36: (0.34): r-98.1%/ $14.66: r-123.%/ 5.99% 5.06% +0.93% r118.4%: Link to comment Share on other sites More sharing options...
drbubb Posted August 31, 2020 Author Report Share Posted August 31, 2020 Some Catch-up Today... HK10: $20.20 +$0.60 / HK101: $22.05 -$0.05 = r 91.6% from r 88.7% HK10: 5yr: 1yr: 10d/ HK101: 5yr: 1yr: 10d/ Both: 5yr: 1yr: 10d/ Both: 5yr: 1yr: 10d/ Link to comment Share on other sites More sharing options...
drbubb Posted October 6, 2020 Author Report Share Posted October 6, 2020 Update: HSI: 23,981, HK10: 18.24, Hk101: 20.40 Link to comment Share on other sites More sharing options...
drbubb Posted October 16, 2020 Author Report Share Posted October 16, 2020 UPDATE: hk10: xx / hk101: xx === Link to comment Share on other sites More sharing options...
drbubb Posted November 12, 2020 Author Report Share Posted November 12, 2020 HK101 vs HK10 ... 10yr: 2018: 10d / hk10 recently gaining on hk101 Date----- : Hk10-: HK101: $Gap : Ratio-- / HK2823: ratio%/ HK.10: Hk101: gap-: R.Yields: BookVal. : $65.45: $30.73: NMF-: r-213.% /======== New: $1.08 : $0.93 : $0.15: r116.% Earns/sh.: $ 3.88 : $ 1.80 : $2.08: r-216.% /-216.% / 11/30/20: $19.48: $19.22: $0.26: r-101.% /$19.13: r-102.%/ 5.54% 4.84% +0.70& r114.4% 11/11/20: $20.00: $21.00: (1.00): r-95.2%/$18.70: r-107.%/ 5.40% 4.42% +0.98% r122.2% 10/30/20: $17.16: $18.82: (1.75): r-91.2%/ $17.67: r-97.1%/ 6.29% 4.94% +1.35% r127.3% 09/30/20: $17.62: $19.58: (2.16): r-90.0%/ $16.79: r-105.%/6.13% 4.75% +1.38% r129.1% 08/31/20: $20.00: $21.85: (1.85): r-91.5%/ $17.10: r-117.%/ 5.40% 4.26% +1.14% r126.8% 07/31/20: $18.74: $19.02: (0.28): r-98.5%/ $16.40: r-114.%/ 5.76% 4.89% +0.87% r117.8% 06/30/20: $18.02: $18.36: (0.34): r-98.1%/ $14.66: r-123.%/ 5.99% 5.06% +0.93% r118.4%: Link to comment Share on other sites More sharing options...
drbubb Posted December 31, 2020 Author Report Share Posted December 31, 2020 HK10 is very cheap still HK10-etc... from 2016: w/CK: 2018: 2020: YTD w/CK: 10d / Last: xx, hk101:x, hk2823: x, hk1113: x : 2016 w/CK: YTD COMPARE: Date----- : Hk10-: HK101: $Gap : Ratio-- / HK2823: hk1113: ratio%/ HK.10: Hk101: gap-: BookVal. : $65.45: $30.73: NMF-: r-213.% /======== New: $1.08 : $0.93 : $0.15: r116.% Earns/sh.: $ 3.88 : $ 1.80 : $2.08: r-216.% /-216.% /Date----- : Hk10-: HK101: $Gap : -Ratio- / H2823: h1113: ratio%/ HK.10: Hk101: h1113: BookVal. : $65.45: $30.73: NMF-: r-213.% /==============> Est.: $ 0.82 : $ 0.76 : $ 1.92: Earns/sh.: $ 1.11 : $ 0.21 : $0.90: r-529.% / -N/A-: $ 5.51 / YrEnd-'20:$19.28 : $20.45: (1.17) r-94.3% /$19.98: $39.80: 195.% / 4.25%: 3.72%: 4.82%: YrEnd-’19:$19.26 : $17.10: $2.16 r-113.% /$15.32: $56.25: 328.% / 4.15%: 4.39%: YrEnd-'18: $19.94: $14.92: $4.02 r-134.% /$11.40: $57.30: 384.% / YrEnd-'16: $27.00: $16.44: 10.56 r-164.% /$10.54: $47.55: 289.% / Link to comment Share on other sites More sharing options...
drbubb Posted January 18, 2021 Author Report Share Posted January 18, 2021 HK10 ($20.00 -0.20): is now above HK101 ($19.80); HK2823 at $21.18 Update : 10d/ Link to comment Share on other sites More sharing options...
drbubb Posted January 28, 2021 Author Report Share Posted January 28, 2021 Plaza 66 Shanghai Sees Yearly Sales Surge 60% · SHANGHAI–For high-rolling shoppers looking to drop some serious cash in this town, nothing quite compares to Plaza 66. While SKP dominates in Beijing, Plaza 66 has for years retained its edge as the leader of luxury in Shanghai. Other malls like HKRI Taikoo Hui and IFC also figure as important luxury retail spots, but offer a greater mix of more accessible brands, lifestyle and dining. As a result, Plaza 66 has been one of the biggest beneficiaries of the repatriated luxury spend to China. On Thursday, that point was brought home when its owner Hang Lung Group reported that the mall’s retail takings surged by 60 percent for the year ended Dec. 31, as the mall’s rental revenue also climbed by 34 percent against 2019 levels. That far outpaces the wider consumer recovery in China. Government data released last week showed that overall consumer sales in the nation actually contracted 3.9 percent, although in the fourth quarter it rose 4.6 percent year-over-year. Hang Lung noted that the strong rebound began in April across their portfolio in greater China with “retail sales growth at malls with higher luxury content in the second half of 2020 more than compensated for the sales drop during the initial outbreak.” “As a result, Plaza 66 and Grand Gateway 66 in Shanghai, Forum 66 in Shenyang and Center 66 in Wuxi recorded retail sales growth ranging from 9 to 72 percent against a year ago,” it said. Grand Gateway, another Hang Lung property in Shanghai that’s positioned more affordably, saw a milder but still significant retail sales increase of 10 percent year-over-year. In general, the lower positioned the mall, the slower the recovery. The company said of their lifestyle malls–namely Palace 66 in Shenyang, Parc 66 in Jinan, Riverside 66 in Tianjin and Olympia 66 in Dalian–that the recovery was “gradual”, caused by weaker spending in the non-luxury sector. Link to comment Share on other sites More sharing options...
drbubb Posted May 13, 2021 Author Report Share Posted May 13, 2021 Hang Lung Group, may be at post-Div. BUY POINT... near $19 HK 10/ Hang Lung ... 4-years : 2yr: 1yr: 10d / Last: $19.00 HK 2823, vs. Hk10, Hk101 Update : 10d/ === Link to comment Share on other sites More sharing options...
drbubb Posted June 3, 2021 Author Report Share Posted June 3, 2021 HK10 ... update / Last: $19.54 - 0.10 HK10 vs HK1113 etc ... update / == Link to comment Share on other sites More sharing options...
drbubb Posted June 23, 2021 Author Report Share Posted June 23, 2021 HK 10 etc... update / hk10: 19.86 -0.18 / hk101: 19.20 -0.02 = Ratio: 103.4% Link to comment Share on other sites More sharing options...
drbubb Posted June 24, 2021 Author Report Share Posted June 24, 2021 HK101 vs Hk10 ... since 2017: 2020: 10d / HLG/HK10 Holds: 2,616,623,240 shares (58.18%) in HLP/HK101... was 57.94% ye'2019 HLG: 2.62 Bn. x 0.76= HK$1.99 Bn (- 1.36 Bn x 0.82= $1.12 Bn)= Gains: $870M from Divs At end 2018, HLG owned ??? % of HLP.. At end 2017, HLG owned 55.7% of HLP, up from 53% Date----- : Hk10-: HK101: $Gap : Ratio-- / HK2823: ratio%/ HK.10: Hk101: gap-: R.Yields: BkVal. '20: $67.62: $30.74: NMF-: r-213.% /======== New: $0.82 : $0.76 : $0.06: r108.% Earns/sh.: $ 2.08 : $ 0.93 : $2.08: r-224.% / 06/24/21: $20.20: $19.42: $0.78: r-104.%/ $19.96: r-101.%/ 4.05% 3.91% (0.14%) r103.6% 5/5-exDv:: $19.68: $20.20: (0.52): r-97.4%/ $19.40: r-101.%/ 4.17% 3.76% (0.41%) r110.9% 03/31/21: $19.68: $20.20: (0.52): r-97.4%/ $19.40: r-101.%/ 4.17% 3.76% (0.41%) r110.9%12/31/20: $19.28: $20.45: (1.17) r94.28%/ $19.98: r-96.5%/ 4.25% 3.72% (0.53%) r-114.%: 09/30/20: $17.62: $19.58: (1.96): r-90.0%/ $16.79: r-114% / 4.65% 3.88% (0.77%) r119.8% 06/30/20: $18.02: $18.36: (0.34): r-98.1%/ $14.66: r-123.%/ 5.99% 5.06% +0.93% r118.4%: 5/5-exDv: $16.22: $15.60: $0.62: r104.0%/ $13.52: r-120.%/ 6.66% 5.96% (0.70%) r111.7%: 03/31/20: $16.34: $15.74: $0.60: r103.8%/ $13.16: r-124.%/ 6.60% 5.91% (0.69%) r111.6%:/ 01/20/20: $20.95: $19.24: $1.71: r108.9%/ $15.62: r-134.%/ 5.16% 4.83% (0.33%) r111.4%:: BkVal. '19: $65.45: $30.73: NMF-: r213.% /========= Old : $0.80 : $0.75 : $0.05: r107.%12/31/19: $19.26: $17.10: $2.16: r112.6%/ $15.32: r-126.%/ 4.15% 4.39%: 0.24%: r-94.5%: 12/31/20: $19.28: $20.45: (1.17) r94.28%/ $19.98: r-96.5%/ 4.25% 3.72% (0.53%) r-114.% Link to comment Share on other sites More sharing options...
drbubb Posted June 24, 2021 Author Report Share Posted June 24, 2021 HK BARGAIN... HANG LUNG is thrilled... to have won its first Property tender in HK in decades: "There is another reason we tendered for the Shouson Hill land – market sentiment was very weak due to the recent social problems and the pandemic. Our track record of the past three decades clearly demonstrates that we are a bottom fisher for top jewels. As I have always told investors, expect Hang Lung in the market only when there is blood in the streets. True to form, we bid, and we won.Such a strategy requires patience – sometimes a lot of it – and patience we have aplenty. When we won the public auction 20 years ago for the land on which The HarbourSide now stands, there was only one other bidder. This time we apparently had four, including the one who competed with us two decades ago. Some believe that The HarbourSide is the single most profitable real estate project Hong Kong has ever seen." BARGAIN? At hk583k x 6.26 = P 3,650 K per sq M? "On this plot of 8,800 square meters, we can construct some 4,400 square meters of luxury houses. Our winning bid of HK$2.566 billion equates to approximately HK$583,000 per square meter of buildable space. This compares very favorably to a slightly bigger piece of land right next door, bought in 2018 by a Mainland company. They paid HK$924,000 per square meter or almost 60% more than us." Link to comment Share on other sites More sharing options...
drbubb Posted August 2, 2021 Author Report Share Posted August 2, 2021 Hang Seng: HLP has a run-up... Is it time to buy HK10? HK10 etc... from 8.1.2020: 2020: 5yr: 3yr: 1yr: 6mo: 10d / $19.40 +0.40 / 21.00 +0.90 / 18.01 +0.55 from 8.1.2020: 2020: 5yr: 3yr: 1yr: 6mo: 10d Link to comment Share on other sites More sharing options...
drbubb Posted September 23, 2021 Author Report Share Posted September 23, 2021 Ten Year Downtrend in HK10... But now deeply oversold, along with China stocks HK10-etc: 10yr: 5yr: 3yr: 1yr: Ytd: 10d/ Last: $18.02 / hk2823= $17.51 = 102.9% HK10-etc: 10yr: 5yr: 3yr: 1yr: $18.02 HK10: 10yr: 5yr: 3yr: 1yr: 10d/ Last: $17.96 +0.42, +2.39%, yield: 4.39% HK101: 10yr: 5yr: 3yr: 1yr: 10d/ Last: $17.52 +0.32, +1.86%, yield: 4.39% Link to comment Share on other sites More sharing options...
drbubb Posted September 23, 2021 Author Report Share Posted September 23, 2021 In 2021, In 2018, HLG bot 87M HLP sh x $17.38= $1,512M Cost, now owns 57.6% HLP (at Feb.2019) UPDATE: 9/22/21: September 9, 2021* 2,616.6M =58.16% / HLP os: 4,498Msh, 2,617M held by HLG (58.16%) / HLG os: 1,362M sh, ye’20 / HLP @ $17.20 = HLPPY: US$11.22 / 56% $30.74 BV Div.$0.76: $3.42B x58.16%= $1.99B/1,362M HLG= $1.46 inc.Div/HLG sh. (x$0.76: $1.99B > Excess CF: $870M > HLG, Net Div. Flow in 2020 / HLG @ $17.54 = HNLGY: US$12.65 (112.7%) ’21 / 25.9% $67.62 BV (100% : 1.362B), div (x$0.82: $1.12B) / In 2018, HLG bot 10.7M HLP sh x $18.60= cost $200M: in 2020 : 2616.6M ye’20, - 2605.9M ye’19: 10.7M HLP shares added : $870M - $200M = $670M excess CF after divs,, HLP sh. Purchases ’Yr: HLPo: Gheld: Pct. : Pdiv: R/1362: DvInc: ye’H10: incY: gDiv: DivY: GbkV: %-BV:9/21 4,498 2,617: 58.2: $0.76: x1.921: $1.46: $17.80: 8.2%: $0.82, 4.61: 68.00: 26.2% ’20: 4,498: 2,617: 58.2: $0.76: x1.921: $1.46: $19.28: 7.57: $0.82, 4.25: 67.62: 28.5% ’19: 4,498: 2,606: 57.9: $0.76: x1.913: $1.45: $19.26: 7.55: $1.08, 5.61: 67.03: 28.7% ’18: 4,498: 2,505: 55.7: $0.75: x1.839: $1.38: $19.94: 6.92: $0.80, 4.01: 63.47: 31.4% ’17: 4,498: 2,047: 45.5: $0.75: x1.503: $1.13: $28.75: 3.93: $0.80, 2.78: 61.04: 47.1% ’16: 4,498: 2,020: 44.9: $0.75: x1.483: $1.11: $27.00: 4.11: $0.80, 2.96: 55.55:48.6% ’15: 4,498: 1,993: 44.3: $0.??: x1.463: $1.00E $25.20: 0.00: $0.8E, 0.00: 50.00: 50.0% ’14: 4,498: 1,90E: 00.0: $0.??: x1.45E: $1.00E $35.20: 0.00: $0.8E, 0.00: 50.00: 50.0% ==== UPDATE: 5/28/19 / HLP @ $17.38 = HLPPY: US$11.09 / 57% $30.58 BV (57.62%: 2.59B) (x$0.75: $1.94B > Excess CF: $850M > HLG, Net Div. Flow / HLG @ $21.05 = HNLGY: US$13.18 (118.8%) / 33% $63.49 BV (100% : 1.362B) (x$0.80: $1.09B) / In 2018, HLG bot 87M HLP sh x $17.38= $1,512M, spending $662M more than Net Divs Link to comment Share on other sites More sharing options...
drbubb Posted September 29, 2021 Author Report Share Posted September 29, 2021 Ready for another Run higher? HK101-etc, Update: FLIP: 10d /. $17.88 + 0.40, HK10: $17.74 -0.04, HK2823: $18.01 +0.00 HK-etc - from: 1/2003: 1/2019: 10d: Upcoming dividend of HK$0.21/ sh ... Eligible shareholders must have bought the stock before 10 Sept 2021. Payment date: 29 Sept 2021 [ "8.1% Yield" calculation: Each HK10 share, is backed by 1.92 shares* of HK101 ( Was below 50% when I first started looking.) 2616.6M / 1362M= 1.92 HLP sh. :: HLP Div = 0.76 x1.92 = $1.46 /$18= 8.11% So: HLG collects $1.46, and pays out $0.82, leaving $0.64 which then tends to get invested (eventually) in HLP, building its ownership stake, which is now at 58.16% (Trigger for making a general offer may be at 75%.) Substantial Shareholders' Interests in Shares as of September 9, 2021* Name Number of Shares % Hang Lung Group Limited 2,616,623,240 (Note 3) 58.16 Link to comment Share on other sites More sharing options...
drbubb Posted October 4, 2021 Author Report Share Posted October 4, 2021 HK10: update: etc / Last: $18.34 + 0.16 Link to comment Share on other sites More sharing options...
drbubb Posted May 12, 2022 Author Report Share Posted May 12, 2022 Neat Fibonacci relationship here HSI / Hang Seng Index ... All-Log: 10yr: 5yr / Last: 19,615.77 / Range: yrH: 29,490.61, yrL: 18,235.48 == YrH : 29,491 x 0.618 = 18,225 == YrL : 18,235 is only 0.05% away! Link to comment Share on other sites More sharing options...
drbubb Posted July 6, 2022 Author Report Share Posted July 6, 2022 The DOWNTREND CONTINUES... HK101-etc ... from 1/2019: YTD: from 1/2019: YTD: HK10 ... update: Mainland China a Strong Market for Hang Lung: Vice Chairman Link to comment Share on other sites More sharing options...
drbubb Posted July 6, 2022 Author Report Share Posted July 6, 2022 UPDATE: 7/06/22 / HLP @ $14.52 = HLPPY: US$9.200 ( 100% : 4.499B): HK$65.3B / 46% $31.50 BV)(59.37%: $38.78B= $14.52 x 2.671B shs.) (x$0.78: $2.08 B > Excess CF: $910M > HLG, Net Div. Flow / HLG @ $15.06 = HNLGY: US$8.82 / 21% $70.40 BV) ( 100% : 1.362B) (x$0.86: $1.17 B ) / In 2018, HLG bot 87M HLP sh x $17.38= $1,512M, spending $662M more than Net Divs Substantial Shareholders' Interests in Shares as of June 30, 2022* Name Number of Shares % Chan Tan Ching Fen; Cole Enterprises Holdings (PTC) Limited; and Merssion Limited 2,699,591,340 60.00 (Note 1) Adriel Chan 2,699,591,340 60.00 (Note 2) Hang Lung Group Limited 2,671,258,240 (Note 3) 59.37% Link to comment Share on other sites More sharing options...
drbubb Posted July 14, 2022 Author Report Share Posted July 14, 2022 Wow! In 2021, Luxury Mall Revenue jumped from Rmb 3,091M to 4,101M : +32.7% Overall Rental revenues: Hkd 9,464m to Hkd 10,919m in FY'2021 : +15.4% But ZERO property sales ! HK10, Net Profit: ’15:$2.37, ’16:$2.73, '17:3.90, '18:$3.88, '19:$5.00, '20:($1.13), '21:$1.90 Link to comment Share on other sites More sharing options...
drbubb Posted July 14, 2022 Author Report Share Posted July 14, 2022 HK10 .. All: Link to comment Share on other sites More sharing options...
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