Macau Property Opportuni... Share Discussion Threads

[grippa] 26/2/2007 09:38

Yes great to see.

[don muang] 26/2/2007 09:23

Nice to see a non-executive director of the Company (who is also a
director of Sniper) buying at £1.18 and £1.19

[lord orphan] 23/2/2007 10:51

Tipped in IC today

[energyi] 16/2/2007 11:26

TROUBLES AHEAD??

too many casinos? maybe... and Venetia's not open yet

the news flow is starting to turn, it seems.
The macau legislature wants to change the investment incentives,
because property prices are climbing too fast

i will visit Macau tomorrow for the lunar new year holiday

[don muang] 12/2/2007 18:50

missed this at the time ( 27/01/2007 ).... but MPO gets a mention in this article:

Is Macau piling too many chips on new casinos?

[Abuse team] 12/2/2007 18:45

Post removed by ADVFN

[don muang] 12/2/2007 18:45

...Morgan Stanley report said gaming revenue in the first month of the year was over HK$6 billion ($768 million) -- up 70 percent from same period a year earlier....

[don muang] 12/2/2007 18:02

... especially TDWaterhouse with their Trading Plus account are handy for buying some of non-standard stocks...

[tipsytoad] 12/2/2007 17:27

cheers Don
cannot buy through idealing
this has happened with some other aim stocks
getting fed up with them

[spawny100] 10/2/2007 15:49

Anyone fancy the domain www.macau-properties.com?!

[don muang] 10/2/2007 14:53

something to come for later in the year:

EXPO REAL ASIA 2007, International Property Conference & Exposition, takes place from 5 to 7 November 2007 in the Venetian Macau, SAR China.

Its target group are the key players in the international real estate business.
The event is a platform for networking on real estate projects, investments and finance across sectors and international borders.

[don muang] 10/2/2007 11:45

Presume any of the 'better' online brokers such as FasTrade or TDWaterhouse would ....

[tipsytoad] 10/2/2007 08:39

can anyone suggest which online broker deal in these
-mine does not
so looking to change
thanks tipsy

[don muang] 09/2/2007 17:46

still moving up nicely with someone paying the full offer price of 115p for the last trade of the week....

[lord orphan] 09/2/2007 09:46

Interims due 16 Feb. Manager's UK roadshow in early March.

[don muang] 31/1/2007 10:03

Shun Tak Managing Director Pansy Ho said in a forum at Expo Real Asia in September that she believes Macau still has room to absorb thousands of new residential units over the next few years ....

[don muang] 31/1/2007 08:34

three months ago then share price was in two figures .... now offer at 111.5p although highest buy that's gone thru was at 111p
so greater than 10% return on share price over last three months. let's see if that rate continues thru 2007 .....

[don muang] 27/1/2007 09:53

..... With such a promising outlook for the Chinese property market, the Pearl River Delta is the focus of most investor attention after Beijing and Shanghai....
..... The planned HK-Zhuhai-Macau Bridge is expected to lift the real estate market in the Pearl River Delta to new heights ....



PS: Note that the Hong Kong-Zhuhai-Macao Bridge Task Force held its first meeting on 9 January 2007 in Guangzhou.

[don muang] 26/1/2007 23:42

here's the Virgin casino info:

[grippa] 26/1/2007 14:18

Nice to see rise in share price over the last few days.

[don muang] 26/1/2007 10:19

RNS Number:1947Q
Macau Property Opportunities Fund
26 January 2007

Macau Property Opportunities Fund Limited, managed by Sniper Capital Limited, is pleased to announce the launch of its website which is available at
www.mpofund.com

[energyi] 19/1/2007 02:18

DIVERSITY IN MACAU'S Property Market

Rich and Eminent
Flats at The Manhattan are priced at $3,200 per square foot and the smallest flat is 1,600 square feet, so the building isn't aiming at casino floor workers. Jimmy Yeung, sales director of Midland Realty Macau, says that the target clients of this kind of selective luxurious apartments are not ordinary families, but moneyed classes from greater China and around the world. Macau has gotten on the jet set's radar as it begins to add world class shopping and other facilities, so it follows that Macau should have some world class homes as well. With the support from these four types of buyers, international investors still believe there's a healthy market for luxurious apartments in Macau.

No Fold Forecast
"I cannot say for sure how many fold the price of real estates in Macau will go up in the coming year, the year after next year or at any specific time," Rico Kwok of Centaline admitted. "But from my experience as a practitioner in the purchase and sale of properties and based on my own data analysis: first, I cannot see by any chance that the property market of Macau will adjust downward in the future; second, the property market of Macau enjoys a variety of conditions for it to appreciate, especially [since] the prices of real estate remain moderate and luxury apartments are fully fitted with the necessary amenities".

Midland's Yeung pointed out, "In the future, the price of luxury apartments and that of old Chinese building and flats diverge farther and farther. Since there are sufficient buyers who favour luxury apartments, their prices will simply go up and never come down. People will sell old Chinese buildings and flats, which have relatively less attractive conditions, when they change apartments. There are many old Chinese buildings around, thus their prices are being pushed down. If people simply wish to have a place to live, the people of Macau still have sufficient choices."

For most workers, rises in salary cannot catch up with the rise flat prices. But more local people are becoming rich and the number of rich people coming from abroad to Macau is on the rise. A bowl of wonton noodle soup will never be HK$10 again, and the era of HK$800 square foot luxury apartments is already a part of history. Neither one is likely to come back.

...more:

[grippa] 18/1/2007 13:09

Me too...lets hope we backed the right horse!

[don muang] 17/1/2007 17:18

MCAU opened at a largish premium to start with .... no idea why the difference between the two.... let's see what the future brings .... I can only justify one Macau holding in my investments - so I'm sticking with MPO...