Asian Growth Properties Share Discussion Threads

[ileeman] 21/3/2016 11:02

@REAC

yea I bought after smudgedan because it was cheap and it did do 60-70% if I recall

So what you are saying is I am not allowed to buy any stocks now haha

[sharetips6] 21/3/2016 10:54

Lee Trades ‏@Lee_Trades · Mar 18

#REAC - Bought some looks very cheap, could easily bag and then some.


Bet you feel really good posting that then dumping seconds later Lee ?

[sharetips6] 21/3/2016 10:44

Yeah you and flops have 2000 followers combined but when you do a pump like reac
you just add up how many of them actually go and buy the stocks you pump once you take out you and your mates buys then sales....we are talking less than 1% !

Have a think about it !

[sharetips6] 21/3/2016 10:41

Flustered eh !

Of course you will only mention losers of course I have losers but I always post when I take a hit it's called honesty. Problem you have if you post you have sold
it contradicts the "this is going to bag" ramp from 2 minutes earlier.

The secret is to make a killing on the winners and take small hits on the losers.

Maybe I should tell you how many times I have made 20% profits from trading Cnel and Cpx in a year...they certainly add up

Do you ever stop to think posting every pump is about to rise 100% is very misleading but topinfo taught you well.

I think you and topinfo are the scum pump and dumpers of the earth but you post
on the topinfo thread says it all !

[ileeman] 21/3/2016 10:40

and also why would anyone message you on here no one likes you and you have like 90 followers on twitter lol

[sharetips6] 21/3/2016 10:27

I had a private message from somebody on twitter who was disgusted with what you and topinfo did with reac.

When you are a shameless conman who will write anything to make £100 then I guess
you do not care.

I do ok. I do not post every position I take on twitter because a lot of them are
trades and I am not shameless to try and get somebody who follows me to buy a stock I'm about to dump !

You however have different morals !

[ileeman] 21/3/2016 10:18

you throwing another tantrum because you are still not making money in this game haha

It has always amazed me how you can sustain a living doing this full time because you never make any calls or money, must be on benefits or something like that as it just doesnt add up.

I checked out your twitter the other day and there is nothing........

[sharetips6] 21/3/2016 09:10

Problem is everything ileeman pumps attracts 20-30 minute holders and he has never
held any stock for more than a few hours so they go up and then straight back down.

Did you see the pump and dump in REAC on Friday...shocking

Shameless pump and dumpers illeeman and topinfo on twitter....

[sharetrader3006] 21/3/2016 09:02

Great rise. 17p divi.

[sharetrader3006] 21/3/2016 08:14

Great results.

Final Results
Fri, 18th Mar 2016 17:27
RNS Number : 6535S
Asian Growth Properties Limited
18 March 2016



18 March 2016



Asian Growth Properties Limited



Results for the year ended 31 December 2015



Asian Growth Properties Limited (the "Company") (AIM Stock Code: AGP), the Hong Kong based China property development and investment company, announces its audited consolidated results for the year ended 31 December 2015 as follows:



Financial Highlights



n Profit attributable to the Company's shareholders of HK$1,336.7 million (£116.4 million) (2014: HK$703.1 million (£58.3 million)).

n Profit attributable to the Company's shareholders (excluding revaluation surplus net of deferred tax) was HK$355.9 million (£31.0 million) (2014: HK$102.8 million (£8.5 million)). The increment was a result of a realized gain of HK$431.8 million (£37.6

million) on the sale of the Fo Tan project after netting off of the increase of HK$163.3 million (£14.2 million) in management fee paid to South-East Asia Investment And Agency Company, Limited ("SEAI"), a wholly-owned subsidiary of S E A Holdings Limited (the holding company of the Company), pursuant to a cost sharing agreement made between the Company, its various subsidiaries and SEAI in 2014 for the use of SEAI's personnel and facilities on a cost-sharing basis for the Company to carrying its business activities. The increase in the said management fee is mainly due to the rise in SEAI's employee benefits during the year under review.



n Earnings per share for profit attributable to the Company's shareholders of HK150.8 cents (13.1 pence) (2014: HK79.3 cents (6.6 pence)).

n Net asset value per share attributable to the Company's shareholders as at 31 December 2015 of HK$16.0 (139.3 pence) (31 December 2014: HK$14.8 (122.7 pence)).

n Geographical location of the Group's property assets were as follows:


31 December 2015
31 December 2014
Hong Kong
HK$10,298.3 million (£896.7 million)
HK$10,177.4 million (£843.7 million)
Mainland China
HK$4,534.2 million (£394.9 million)
HK$4,635.7 million (£384.3 million)
Total
HK$14,832.5 million (£1,291.6 million)
HK$14,813.1 million (£1,228.0 million)
n Gearing ratio of 2.3% (31 December 2014: 9.3%).

n The Board has declared a special cash dividend of HK$1.9 per ordinary share to the shareholders of the Company, payable on Friday, 10 June 2016 on the share register on Friday, 27 May 2016.



Operational Highlights



n Stable gross rental income generated from Dah Sing Financial Centre in Hong Kong and its occupancy rate remains high.

n The hotel operation results of Crowne Plaza Hong Kong Causeway Bay were in general in line with the weaker hotel business environment in 2015.





n Major mixed use development projects in Chengdu and Kaifeng, Mainland China are progressing. Site formation works for Phase I of Chengdu project have been completed. The construction works for Phase 1A were completed and superstructure works for Phase IB of Kaifeng project are in progress. Sales of units have commenced and are in

progress.



n Sale of the Fo Tan project was completed in November 2015 realised a gain on disposal of HK$431.8 million (£37.6 million) and generated net cash after repayment of bank loans of approximately HK$1,250 million (approximately £109 million).

n Following the year end, in February 2016, announcement regarding the proposed disposal of Dah Sing Financial Centre for a net cash consideration (after repayment of bank loans) of approximately HK$8,019 million (approximately £698 million), subject to approval at a shareholder meeting on 29 April 2016.



Notes:

1. Figures in Pounds Sterling are translated from Hong Kong dollars based upon the exchange rates

prevailing on the latest practicable business day of the respective accounting years. The relevant exchange rates adopted are stated as follows:



For 31 December 2015:
£1 = HK$11.4841
For 31 December 2014:
£1 = HK$12.0627


2. For the Company's shareholders' information, the exchange rate on 17 March 2016 was £1 = HK$11.1280



Miscellaneous



The results included in this announcement are extracted from the audited consolidated financial statements of the Company for the year ended 31 December 2015, which have been approved by the Board of Directors on 18 March 2016.



The 2015 Annual Report is expected to be posted to the Company's shareholders and holders of depositary interests in late April 2016.



For further information, please contact:



Lu Wing Chi
TEL: [phone]
Executive Director

Asian Growth Properties Limited



Richard Gray
TEL: [phone]
Andrew Potts

Panmure Gordon (UK) Limited

(Nominated Advisor)

[latifs100] 03/3/2016 16:46

is this a good deal for shareholders, how much will we get

[dgarvey] 03/3/2016 09:23

Intriguing, as the sale is 2.5 times debt and will leave a massive cash pile.

[latifs100] 02/4/2015 16:39

SHALL I SELL THIS DOG AND TAKE A LOSS, ANYONE HAVE SHARES IN THIS

[latifs100] 29/1/2014 22:18

surely this is good news, is it a takeover, or MBO? anyone have shares in this company,

S E A Holdings Limited ("SEA") is beneficially entitled to about 97.17% of the existing issued share capital of the Company.

(2) On 20 January 2014, Nan Luen International Limited ("NLI") has acquired additional SEA shares (the "Acquisition"). Immediately before the Acquisition, NLI had diluted interest of 60.83% in the issued share capital of SEA as a result of the issue of new SEA shares by SEA to certain option holders who had exercised their subscription rights in early January 2014. Immediately after the Acquisition, NLI has increased its shareholding interest in SEA to about 60.91%.

[latifs100] 10/1/2014 18:36

ANYONE GOT INFORMATION ON THIS. DOES ANYONE HOLD SHARES. TIA

[latifs100] 10/1/2014 18:36

ANYONE GOT INFORMATION ON THIS. DOES ANYONE HOLD SHARES. TIA

[latifs100] 03/1/2014 15:33

ANYONE GOT INFORMATION ON THIS. DOES ANYONE HOLD SHARES. TIA

[latifs100] 26/11/2013 18:31

HELLO, ANYONE HOLD SHARES IN THIS COMPANY, ANY ADVICE

[latifs100] 16/10/2013 08:51

DOES ANYONE HOLD SHARES IN THIS COMPANY? ANY INFORMATION BUY SELL OR HOLD?

[latifs100] 20/3/2012 08:47

up 50%.. net assests value above current share price

Financial Highlights

n Profit attributable to the Company's shareholders of HK$1,152.5 million (GBP96.1 million) (2010 (restated): HK$961.2 million (GBP79.8 million))

n Earnings per share for profit attributable to the Company's shareholders of HK130.0 cents (10.8 pence) (2010 (restated): HK108.4 cents (9.0 pence))

n Net asset value per share attributable to the Company's shareholders as at 31 December 2011 of HK$11.9 (99.2 pence) (31 December 2010 (restated): HK$10.4 (86.5 pence))

n Geographical location of the Group's property assets were as follow: