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deveshkayal
Senior Member
Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
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   Posted: 19/Jul/2007 at 11:16pm |
Originally posted by basant
RD, RJ and RK Damani have also been rumoured to have bought DLF - Please do your own diligence because though I believe this news to be true it is still a rumour in the strict sense of the word. |
RJ said in that CNBC interview that he will not apply for DLF IPO...i dont think he has appllied...I think its a trading call...
Edited by basant - 19/Jul/2007 at 11:21pm
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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reetesh
Senior Member
Joined: 01/Sep/2006
Location: India
Online Status: Offline
Posts: 793
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Posted: 19/Jul/2007 at 11:34pm |
3 cheers to KOTAK, they marketed this stock very very well.
They were most aggresive and onus was on Uday Kotak..
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When going gets tough, that’s when tough (people) gets going.
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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 4243
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Posted: 20/Jul/2007 at 12:15pm |
| RJ said in that CNBC interview that he will not apply for DLF IPO...i dont think he has appllied...I think its a trading call... |
Either that or the big bull changed his mind. After the listing, DLF has come out with lots of future plans/statements in media which they were not allowed to do so during the quiet period. All analysts expect DLF to be the Infosys of the real estate industry, in terms for disclosures and investor friendliness.
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psimajin
Senior Member
Joined: 29/Sep/2006
Online Status: Offline
Posts: 220
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Posted: 20/Jul/2007 at 3:08pm |
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Its past doesnt suggest as such
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tyler_durden
Senior Member
Joined: 24/Oct/2006
Location: India
Online Status: Offline
Posts: 1615
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Posted: 20/Jul/2007 at 5:17pm |
Originally posted by psimajin
Its past doesnt suggest as such |
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i dont remember dlf caught up in major controversy....and even if they were involved in political controversies then we have reliance also ....
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If you aren't fired with enthusiasm, you will be fired with enthusiasm.
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CHINKI
Senior Member
Joined: 07/Feb/2007
Location: India
Online Status: Offline
Posts: 2827
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Posted: 01/Aug/2007 at 8:28pm |
INDIAN REAL ESTATE STOCKS MOST EXPENSIVE IN THE WORLD
P/E multiple for trailing 12 months highest among all countries, return on equity second lowest among all emerging markets and lower than most developed markets
New Delhi: Real estate stocks in India are the most expensive in the world even as they give lower returns than most of the emerging as well as developed markets including China, Singapore, Hong Kong and Australia.
The revelation has come in the backdrop of a seven-year bull run in the global property stocks coming to an end in the second quarter of 2007, although emerging markets bucked the trend, according to second-quarter review of property sector by international investment services firm Standard & Poor’s.
FOR FURTHER DETAILS CLICK HERE : LIVEMINT
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TOUGH TIMES NEVER LAST, BUT TOUGH PEOPLE DO
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vishal.sahay
Senior Member
Joined: 29/Oct/2006
Location: India
Online Status: Offline
Posts: 205
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Posted: 04/Aug/2007 at 3:34pm |
Who says Indian Reasl Estate Market is expensive..by looking at this table it doesnt look to be
|
Market Cap |
|
P/E |
EPS growth |
|
NAV premium |
|
|
CY07E |
CY08E |
CY07E |
CY08E |
/discount |
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(US$MM) |
(x) |
(x) |
(%) |
(%) |
Current % |
| India |
|
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| DLF |
25,115 |
17.1 |
11.3 |
210% |
51% |
8% |
| Unitech* |
10,627 |
24.5 |
12 |
36% |
103% |
-6% |
| Parsavnath* |
1,602 |
25.5 |
15.3 |
67% |
137% |
NA |
| Sobha* |
1,538 |
25.6 |
19.2 |
56% |
36% |
NA |
| Sector wtd average |
|
19.5 |
12 |
151% |
69% |
NA |
| China |
|
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| China Vanke (CH) |
23,222 |
40.4 |
27.2 |
-1% |
49% |
202% |
| China Overseas Land |
15,192 |
27 |
21.5 |
88% |
25% |
90% |
| China Resource Land |
6,940 |
57.5 |
21.9 |
155% |
162% |
50% |
| Greentown |
3,693 |
16 |
11.6 |
25% |
38% |
41% |
| Guangzhou R&F Properties |
12,128 |
26.3 |
17.4 |
73% |
51% |
96% |
| Sector wtd average |
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40.8 |
22.8 |
44% |
67% |
89% |
| Malaysia |
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| SPSetia |
1,676 |
22.8 |
19.4 |
-1% |
17% |
20% |
| EOPD |
802 |
20 |
25.1 |
100% |
-20% |
-17% |
| MK |
381 |
90.7 |
38.9 |
-69% |
133% |
-50% |
| Sector wtd average |
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26.9 |
21 |
11% |
22% |
-3% |
| Phillipines |
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| Ayala Land |
4,947 |
39.5 |
35.2 |
13% |
12% |
-4% |
| Filinvest |
1,122 |
23.3 |
18.8 |
35% |
24% |
12% |
| Megaworld |
1,843 |
32 |
21.7 |
7% |
48% |
-5% |
| SMPH |
3,491 |
21.2 |
20.1 |
12% |
6% |
-3% |
| Sector wtd average |
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30.2 |
25.8 |
15% |
18% |
-5% |
| Hong Kong Developers |
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| Cheung Hong Kong |
33,006 |
10.7 |
25.8 |
71% |
-59% |
-15% |
| Far East Consortium |
735 |
15 |
9 |
186% |
68% |
-43% |
| HangLung Group |
6,550 |
26.5 |
21.8 |
103% |
21% |
-26% |
| HangLung Properties |
15,593 |
41.4 |
26.4 |
62% |
57% |
39% |
| Henderson Land |
14,151 |
21.6 |
23.4 |
-65% |
-8% |
-13% |
| Sector wtd average |
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22.7 |
21.6 |
50% |
9% |
-9% |
| Singapore |
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| CapitaLand |
13,331 |
19.6 |
26.4 |
2% |
-26% |
-14% |
| City |
9,068 |
27.9 |
25 |
58% |
11% |
1% |
| KeppelLand |
4,089 |
32.1 |
30.6 |
-4% |
5% |
8% |
| SingaporeLand |
3,051 |
47.1 |
44.8 |
11% |
5% |
63% |
| Sector wtd average |
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26.4 |
27.3 |
14% |
0% |
2% |
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| Source: Consensus Estimates, JP Morgan Estimates |
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There might be some typing mistakes as i got to type the report form research report to excel sheet. Anyone who wants the complete India Real Estate sector report u can PM me with your email id.
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Vishal
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vishal.sahay
Senior Member
Joined: 29/Oct/2006
Location: India
Online Status: Offline
Posts: 205
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Posted: 04/Aug/2007 at 3:44pm |
Benchmarking the financials of Indian real estate sector also reveal that Indian real estate market is poised for huge growth
|
Market Cap |
EBIT Margin |
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Sales Growth |
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EPS Growth |
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(US$MM) |
CY07E |
CY08E |
CY07E |
CY08E |
CY07E |
CY08E |
| India |
|
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| DLF |
25,115 |
71% |
69% |
363% |
51% |
210% |
51% |
| Unitech |
10,627 |
63% |
56% |
26% |
114% |
36% |
103% |
| Parsavnath |
1,602 |
29% |
29% |
101% |
78% |
111% |
83% |
| Sobha Developers |
1,538 |
27% |
28% |
39% |
53% |
56% |
36% |
| Anant Raj |
1,036 |
65% |
58% |
296% |
88% |
192% |
66% |
| Ansal |
784 |
33% |
34% |
118% |
88% |
158% |
97% |
| Sector Wtd Avg |
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64% |
62% |
246% |
70% |
154% |
66% |
| China |
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| China Vanke (CH) |
23,222 |
21% |
20% |
69% |
40% |
-1% |
49% |
| China Overseas Land |
15,192 |
33% |
31% |
62% |
40% |
88% |
25% |
| China Resource Land |
6,940 |
26% |
29% |
47% |
131% |
155% |
162% |
| Sector Wtd Avg |
|
28% |
28% |
63% |
54% |
44% |
67% |
| Malaysia |
|
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|
|
|
|
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| SPSetia |
1,676 |
32% |
39% |
-27% |
-11% |
-1% |
17% |
| EOPD |
802 |
24% |
29% |
43% |
8% |
100% |
-20% |
| MK Land |
381 |
10% |
18% |
-17% |
-4% |
-69% |
133% |
| Sector Wtd Avg |
|
39% |
44% |
-6% |
-5% |
11% |
22% |
| Hong Kong |
|
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| HangLung Properties |
15,593 |
54% |
57% |
277% |
83% |
62% |
57% |
| Henderson Land |
14,151 |
45% |
25% |
41% |
79% |
-65% |
-8% |
| Cheung Hong Kong |
33,006 |
53% |
46% |
64% |
111% |
71% |
-59% |
| Sector Wtd Avg |
|
43% |
41% |
112% |
97% |
50% |
9% |
| Singapore |
|
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|
|
|
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| CapitaLand |
13,331 |
25% |
26% |
-1% |
15% |
2% |
-26% |
| City Dev |
9,068 |
18% |
19% |
7% |
5% |
58% |
11% |
| KeppelLand |
4,089 |
20% |
20% |
7% |
5% |
-4% |
5% |
| Sector Wtd Avg |
|
39% |
40% |
3% |
10% |
14% |
0% |
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Vishal
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