Macau Property Opportuni... Share Discussion Threads

[livewireplus] 05/5/2020 11:48

Indeed gloomy looking at present situation ... but last paragraph of the full article at least anticipates some improvement... And this fund is already at a big discount to NAV so some more drop in the asset prices perhaps built-in .... plus they don't need to sell into the present fire sale of properties .... they can wait a few months .... Let us see what the future brings ...

[zangdook] 05/5/2020 09:06

gloomy article

[badtime] 22/4/2020 10:21

Well that helped the share price ..lol

[badtime] 17/4/2020 20:39

Nice to see it ticking up a tad

[zangdook] 07/4/2020 14:00

I would if I didn't already have a huge amount at over twice the price...

[badtime] 07/4/2020 13:56

Long time since I followed this share ..anyone adding at these levels

[888icb] 06/4/2020 17:51

On the 30th March the company issued a statement about Coronavirus and it gives an interesting picture of what has happened in Macau with gambling having resumed in mid February, then 40 days without any new cases before another one arrived. Also talks about its main market China.

[galeforce1] 20/2/2020 14:13

Looks like the management here is under real pressure to get the remaining portfolio liquidated in the course of this year and then the trust can be wound up and assets distributed. The manager's fees are cut to 1% this year and 0% in 2021.

I guess that at a certain point, when the coronavirus scare has died back a bit, they will effectively auction off the remaining flats, and sell then at a 20% discount or whatever.

I don't think we are likely to get back to the £1.90 asset values at 31/12/19. But if we are patient we should see something like £1.50.

Is that too pessimistic a view? What does anyone think this could recover to?

[zangdook] 20/2/2020 12:08

31 Dec was almost 7 1/2 weeks ago, you dingbat.

[quepassa] 20/2/2020 10:45

Excellent time to buy at a discount to NAV of some 45% and with agents fully incentivised to achieve early sales on the portfolio which they are actively engaged in disposing of.

Unless, of course, any of the discussions referenced in today's RNS lead to a sale of the whole portfolio.

Potential short-term upside of anywhere between 25-75% as and when they achieve sale of portfolio.

" When others are greedy, be fearful. When others are fearful be greedy" WB .

ALL IMO. DYOR.
QP

[quepassa] 20/2/2020 10:44

192p NAV per share as at six weeks ago on 31/12/19.

Share price today at 104p

The share is trading at a mere 55% of NAV.

Such a massive 45% discount is unwarranted - even if Macau property falls a few more percent.


All other China/HK/Macau shares bouncing back.

Vastly oversold.

ALL IMO. DYOR.
QP

[zangdook] 20/2/2020 10:43

You sound pretty greedy QP so maybe we should be fearful

[quepassa] 20/2/2020 09:08

Excellent time to buy at a discount to NAV of some 45% and with agents fully incentivised to achieve early sales on the portfolio which they are actively engaged in isposing of.

Unless, of course, any of the discussions referenced in today's RNS lead to a sale of the whole portfolio.

Potential short-term upside of anywhere between 25-75% as and when they achieve sale of portfolio.

" When others are greedy, be fearful. When others are fearful be greedy" WB .

ALL IMO. DYOR.
QP

[quepassa] 20/2/2020 05:10

192p NAV per share as at six weeks ago on 31/12/19.

Share price today at 104p

The share is trading at a mere 55% of NAV.

Such a massive 45% discount is unwarranted - even if Macau property falls a few more percent.


All other China/HK/Macau shares bouncing back.

Vastly oversold.

ALL IMO. DYOR.
QP

[lionheart79] 19/2/2020 22:29

yea totally dude. if we just keep repeating the mofo mantra, maybe it'll come true doooooooooooood

🙄

[quepassa] 19/2/2020 16:06

192p NAV per share as at six weeks ago on 31/12/19.

Share price today at 104p

The share is trading at a mere 55% of NAV.

Such a massive 45% discount is unwarranted - even if Macau property falls a few more percent.


All other China/HK/Macau shares bouncing back.

Vastly oversold.

ALL IMO. DYOR.
QP

[quepassa] 19/2/2020 15:07

192p NAV per share as at six weeks ago on 31/12/19.

Share price today at 104p

The share is trading at a mere 55% of NAV.

Such a massive 45% discount is unwarranted - even if Macau property falls a few more percent.


All other China/HK/Macau shares bouncing back.

Vastly oversold.

ALL IMO. DYOR.
QP

[zangdook] 19/2/2020 12:42

31/12 is over seven weeks ago, moron.

[quepassa] 19/2/2020 09:27

192p NAV per share as at six weeks ago on 31/12/19.

Share price today at 104p

The share is trading at a mere 55% of NAV.

Such a massive 45% discount is unwarranted - even if Macau property falls a few more percent.


All other China/HK/Macau shares bouncing back.

Vastly oversold.

ALL IMO. DYOR.
QP