China West. Share Discussion Threads

[flyingswan] 21/9/2009 09:25

Does anyone know the income from rents etc?

[borchardt] 20/9/2009 21:40

Assets fair value approx £40 million but cant see correct debt - Is it £27 million?

[tara7] 20/9/2009 21:38

They have Land and property that went up £7M in the last year.!!!!

[tara7] 20/9/2009 21:37

Robandkerry, yes you are, read again please.

[borchardt] 20/9/2009 21:35

Looks interesting - selected other property sectors have been moving up but not sure about China yet.

[robandkerry] 20/9/2009 21:35

200k in assets and 27 million debt. Am I missing something?

[tara7] 20/9/2009 21:31

Hi Flyingswan, please would you be kind enough to post the above on my new thread, [if you have time] Thanks.

[tara7] 20/9/2009 21:29

Target value 6p, Must be a buy in my view up to 4.5p.

[tara7] 20/9/2009 21:25

Read the accounts, so, so, cheap.

[tara7] 20/9/2009 21:06

Here you have a property worth 32m pounds that you can get for Six million. !!!!!!!!!!!!!!!!!!! My last property firm i posted with the heading: [OPF 90p of property for 9p], is now around 55p!!!!!!! .

[flyingswan] 20/9/2009 20:53

The commercial Property Sector is Waking Up - See Sunday Times Article Below - This must boost CWHI. IMHO

From The Sunday Times September 20, 2009
Where the wealthy are investing their money


...1 COMMERCIAL PROPERTY

The drop in prices has raised rental yields from about 4.6% two years ago, to 7.9%, and affluent investors are buying bargains.

Bill O'Neill, portfolio strategist at Merrill Lynch Global Wealth Management, said: "Commercial property in Europe and the UK has been neglected by investors. Worries about companies' financing persist, but it does mean this area is cheap, particularly in the UK."

Three-quarters of private banks surveyed by Hotbed, an investors' network, said they believed the coming year would be a good time to invest in the sector, compared with only a third in 2008.

Several firms have launched commercial property funds recently. BDO Stoy Hayward Investment Management has just started the UK Strategic Income Property fund with Coba Asset Management and Strutt & Parker, the property consultant. The fund's target is a total return of 10%, with the managers taking a performance fee of 20% of anything earned over that. The minimum investment is £100,000.

Seven Dials Fund Management has launched the Lightstone Prime High Street fund, which will buy shops in towns and cities such as Chester, Kingston and Canterbury. Astrid Cruickshank, the manager, said: "The unprecedented volatility we have experienced over the past 18 months has given rise to an increasing number of opportunities at prices that are very attractive compared with historic levels and offer long-term performance potential."

Clavis Walden is planning to launch the Property Authorised Investment fund in November. It will invest 80% in bricks and mortar and 20% in shares, and aims to pay investors 7% a year.

In another sign that confidence is returning to the market, brokers such as Bestinvest have begun tipping the New Star UK Property fund again. It once held more than £2 billion of investors' money, but is now worth £635m because of huge outflows and poor performance. It is down 23.3% in the past year and is yielding 5.9%, according to Trustnet, the data provider...

[flyingswan] 18/9/2009 17:07

Tara7... Prospects for China Western Investments look excellent. IMHO Here is some recent news to support my view. DYOR:

China Western Investments plc
ANNUAL REPORT AND FINANCIAL STATEMENTS
for the year ended 31 December 2008

Which I understand where prepared on the 29th June 2009.

Economy, China record sales in real estate, cars and trucks in the world
September 18, 12:00 AM

Real estate sales are up 53% in China
In China the strength of the property sector has been another big surprise. Property sales were up 53% in the first six months from a year earlier, according to a survey commissioned by the statistics bureau and published in the China Information News, while nationwide prices averaged across 70 cities climbed year on year in June.
This masks the fact that in second and third cities prices have been strengthening much more. Property normally accounts for about 25% of fixed asset investment in China and is a key form of wealth holding for most Chinese. Optimism about housing prices will translate into greater consumer confidence.
Chinese commercial real estate sales have increased in the first half of the year, recording more sales that the US and UK markets combined. Global commercial real estate sales are expected to continue growing in the second half of the year, which analysts believe will be the first step to global economic recovery.
The rebound in the Chinese property market is sustainable and could see real estate investment increase by 30% in 2010.

[tara7] 10/9/2009 11:42

About to blow, when the whole show cost £6m, but has property after debt must be a strong buy.

[andrbea] 04/9/2009 17:20

and another one, late on (14%)

[andrbea] 14/8/2009 11:43

another tick up

[andrbea] 14/8/2009 09:34

bought today too

looks illiquid

17% rise. All buys so far.

[brando69] 29/6/2009 16:48

you can't hide behind different handles... your ramping tactics give you away

[brando69] 29/6/2009 16:47

tara, why not admit you are torabora?

[tara7] 29/6/2009 15:53

Results out in the morning ?????????

[tara7] 24/6/2009 16:14

And now a buy goes through, to me something is up.

[tara7] 24/6/2009 13:10

Results due within the next 7 days, we should find out why the share price jumped last month.

[fireplace22] 08/5/2009 11:45

Anyone know wahat this rise is all about is it stock specific or part of the generally rise in Chinese stocks?

[p@] 12/9/2008 11:44

This 'huge' price rise has been done on about £1000 worth of buys as far as i have seen !!!

[pylewell] 12/9/2008 11:40

What is one to think about the recent huge price rises? Looks like a takeover of some sort is in the offing. Looking at the last results it would seem they need lots more capital in order to progress.

[woody6] 10/9/2008 21:54

Torabora where are you?