Tuesday July 25, 2006
Support Line
Johor Land has been correcting on easing volume over the past seven days. The stochastic is attempting to reverse from the neutral zone while the moving average convergence/divergence indicator appears in danger of slipping below the signal line. Analysis suggests that if the prevailing trend is indeed still constructive, a rebound should come about soon, with strong resistance expected at the RM1.17-RM1.20 band. Initial support is seen at 90 sen.
JLAND : [Stock Watch] [News]
KPJ Healthcare: THE upward momentum of KPJ Healthcare shares has paused for a breather in the wake of profit-taking activity after testing the lower band of the RM1.90-RM2.00 heavy resistance zone, a decisive bullish breakout of which may trigger a rally towards the next strong hurdle of RM2.40 in the near term. The moving average convergence/divergence indicator remains positive, implying that there is more upside potential in the near term. Support is at RM1.80.
KPJ : [Stock Watch] [News]
SYF Resources: SYF Resources shares continued to consolidate after a futile attempt to penetrate the 100-day simple moving average of RM1.18 on July 11. The stochastic is in bearish extended-move territory and the moving average convergence/divergence indicator is expanding downward against the trigger line. Given the negative signal, prices may be under pressure. Current support and resistance are pegged at 68 sen and 90 sen respectively.
SYF : [Stock Watch] [News]
# The comments above do not represent a recommendation to buy or sell
Wednesday, July 26, 2006
Thursday, July 13, 2006
Singapore: One of Most Transparent Markets
Jones Lang LaSalle’s (JLL) latest Real Estate Transparency Index has listed Singapore under Tier 1 (Highly Transparent), up from Tier 2 (Transparent) in the last survey in 2004. The survey of 56 markets shows property markets around the world have become more transparent over the past two years, driven by the rise of cross-border investment opportunities and multinational occupiers.
JLL also highlighted the fact that real estate investment trusts (Reits) have enhanced the need for greater transparency wherever they are introduced in the Asia-Pacific region.Besides Singapore, the only other country in the Asia-Pacific to make it to Tier 1 in the latest survey is Hong Kong, which was also previously in Tier 2.
The two joined Australia and New Zealand, which were already in Tier 1 in the 2004 study.On a global basis, Australia, US, New Zealand, Canada and UK took the top spots as the most transparent countries this year.
Although Singapore has moved to a higher transparency band, its numerical ranking in the survey of 56 countries slipped a notch from ninth position in 2004 to 10th this year. France, which had been ranked 11th two years ago, moved up to ninth spot.
The five-tier transparency ranking system ranges from Tier 1 (Highly Transparent) to Tier 5 (Opaque). Vietnam, Venezuela and Egypt emerged as the least transparent markets.
Ranking for the study was based on five attributes of real estate transparency - availability of investment performance indices, availability of market fundamentals data, listed vehicle financial disclosure and governance, regulatory and legal factors, and professional and ethical standards.
‘Overall, two-thirds of the countries ranked in our 2004 study exhibited some or significant improvement,’ said Dr Jacques Gordon, global investment strategist at LaSalle Investment Management, JLL’s fund management arm.
‘Some 14 countries moved up a full tier in our five-tier transparency ranking system and none slipped back. Additionally, many more countries earned higher transparency scores while remaining in the same tier.’
Source: The Business Times, July 13, 2006
JLL also highlighted the fact that real estate investment trusts (Reits) have enhanced the need for greater transparency wherever they are introduced in the Asia-Pacific region.Besides Singapore, the only other country in the Asia-Pacific to make it to Tier 1 in the latest survey is Hong Kong, which was also previously in Tier 2.
The two joined Australia and New Zealand, which were already in Tier 1 in the 2004 study.On a global basis, Australia, US, New Zealand, Canada and UK took the top spots as the most transparent countries this year.
Although Singapore has moved to a higher transparency band, its numerical ranking in the survey of 56 countries slipped a notch from ninth position in 2004 to 10th this year. France, which had been ranked 11th two years ago, moved up to ninth spot.
The five-tier transparency ranking system ranges from Tier 1 (Highly Transparent) to Tier 5 (Opaque). Vietnam, Venezuela and Egypt emerged as the least transparent markets.
Ranking for the study was based on five attributes of real estate transparency - availability of investment performance indices, availability of market fundamentals data, listed vehicle financial disclosure and governance, regulatory and legal factors, and professional and ethical standards.
‘Overall, two-thirds of the countries ranked in our 2004 study exhibited some or significant improvement,’ said Dr Jacques Gordon, global investment strategist at LaSalle Investment Management, JLL’s fund management arm.
‘Some 14 countries moved up a full tier in our five-tier transparency ranking system and none slipped back. Additionally, many more countries earned higher transparency scores while remaining in the same tier.’
Source: The Business Times, July 13, 2006
Tuesday, May 30, 2006
Pattaya booms
Pattaya booms
The Nation: 25 April 2006
By: Suchat Sritama
Pattaya's tourist trade is booming with improved services and infrastructure, including hotels, the Fairtex sport complex, cinemas, shopping malls and the upcoming opening of Suvarnabhumi Airport.
Last year 5,338,009 tourists arrived in Pattaya, up 6.5 per cent from 2004, according to the Tourism Authority. Of these, 66 per cent were foreign. With an average length of stay of 3.4 days and average daily expenditures of Bt2,819 per person, tourists spent about Bt48 billion in the resort.
Last year there were 293 hotels and guesthouses with a combined 34,007 rooms in Pattaya. They had an average occupancy rate of 58 per cent.
"In 2005, the hotel occupancy rate grew by 28 per cent. Pattaya has a strong prospect of attracting more tourists in this year," said TAT governor Juthamas Siriwan. Pattaya was benefiting from its proximity to Bangkok, she said, and could be reached in about 90 minutes via two motorways.
In recent years, Pattaya has seen a wide range of tourism-related developments. The Pattaya Beach Bus has recently opened its Red Line service, which runs a lengthy, circular route around the city. Healthland Spa has just opened one of its popular resorts. Meanwhile, Fairtex is Pattaya's newest entertainment complex, combining a Thai boxing school for foreigners, a traditional Thai massage service and fitness centre.
The Nation: 25 April 2006
By: Suchat Sritama
Pattaya's tourist trade is booming with improved services and infrastructure, including hotels, the Fairtex sport complex, cinemas, shopping malls and the upcoming opening of Suvarnabhumi Airport.
Last year 5,338,009 tourists arrived in Pattaya, up 6.5 per cent from 2004, according to the Tourism Authority. Of these, 66 per cent were foreign. With an average length of stay of 3.4 days and average daily expenditures of Bt2,819 per person, tourists spent about Bt48 billion in the resort.
Last year there were 293 hotels and guesthouses with a combined 34,007 rooms in Pattaya. They had an average occupancy rate of 58 per cent.
"In 2005, the hotel occupancy rate grew by 28 per cent. Pattaya has a strong prospect of attracting more tourists in this year," said TAT governor Juthamas Siriwan. Pattaya was benefiting from its proximity to Bangkok, she said, and could be reached in about 90 minutes via two motorways.
In recent years, Pattaya has seen a wide range of tourism-related developments. The Pattaya Beach Bus has recently opened its Red Line service, which runs a lengthy, circular route around the city. Healthland Spa has just opened one of its popular resorts. Meanwhile, Fairtex is Pattaya's newest entertainment complex, combining a Thai boxing school for foreigners, a traditional Thai massage service and fitness centre.
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