Category: Money tips Release Date: 2006-02-22
Source: East China Sea stock
7.9431! 7.9342! 7.2928! 7.9265! 7.9188! This week the trend of the yuan against the U.S., the RMB appreciation will have fares of reasons for real estate stocks. 600777G fashion, the two cities most undervalued real estate stocks the value of its land reserves in the coastal zone of the provisional cause of concern.
Land has ample reserves and the Bohai Economic Circle real estate upstart
G trendy location the verge of the Bohai Sea, Yantai is one of China's famous summer resort in 2005, won the "UN Habitat Award", the continuous development of real estate projects will allow the company to enjoy the great development of the Bohai Sea economic circle brought about tremendous business opportunities.
Companies from start since 2003 in the real estate business, land reserves, the current under the two real estate companies, the total land reserves of more than 2,000 acres, is already the largest land bank Yantai City real estate enterprises. Including the Coastal Road 1180 acres, Muping District waterfront area 400 acres, 400 acres, and Muping Yangmadao urban areas of acres of land projects started gradually from 2006 onwards is estimated that from 2007 onwards the company will bring huge profits. Only from the Land Bank of asset revaluation side, the company of more than 2,000 acres of land reserves made in the early, the price is far below the market price, the actual land of asset revaluation reserve to further enhance the company's concept of the value of gold content.
Company's main project is a noble city real estate project, which is the company's future, the largest and most upscale real estate projects, but also the biggest highlights of the company's future growth and as an important component Yantai City Planning has been strong government support. The project location is superior, the surrounding human environment well, and the north is the beautiful environment of the sea, the sea water quality is good, and the company has its 1005 meters of the beach and 1,500 acres of coastal waters for 30 years the right to operate 1,500 acres of forest on both sides of Park (has been growing more than 40 years), unique natural environment. At present, the market value of the land has been substantially added.
At present, the Yantai city into a small-scale high-end residential, currently located in the same regions are noble City, a number of high-end residential projects pre-sales price has reached 7500-10000 yuan / square meter. The company hired to conduct the world's leading design institutions Atkins, planning and design, is expected to be developed building area of more than 600,000 square meters, according to 8,000 yuan / square meter (cost estimated at no more than 4500 yuan / square meter) basis, gross profit of the project A conservative estimate would be more than 2 billion yuan. Plans to start construction of the second half of 2006, even taking into account the company may be transferred about half of the stake to the partner in the project is expected to continue over the next five years, the company considerable profit return, including the transfer of shares to the company to bring the rich The non-recurring gains and losses.
In addition, the company started the project in 2006 there is sunshine family 2 (approximately 8 million square meters) and the trendy Times Square (8 million square meters), mainly for residential and commercial. 2 project is expected to be completed in 2007, the company will bring in substantial profits.
Speed up the revaluation revaluation
The secondary market, the stock of net assets per share reached 3.24 yuan, while its assessment of the price per share is far more than this price, the current value of repeated serious money involved, it is worth close attention.
