Moving Forward to 2030

Almost all in the media were reminders on predictions that China Economy is going to be landing hard with a doom outlook of property developers there. No matter how many lessons there have been, the majority in the market never learn well enough. Long...

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Major Stake Holder is Buying

Published on July 19 2014

The technical picture is stronger now. As a long term investor I view this a positive signal as the one knows the company best did cast his vote with cash on the future of Aoyuan year after year. It is sensible to project that the generous dividend policy...

“The years 2013 and 2014 have been very active for us in terms of land bank buildup. And this year and next, we are hoping for faster growth and project approvals, Our commercial properties in particular have shown strong growth and our margins have remained...

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Aoyuan New Project

Published on July 14 2014

Aoyuan holds 55% in rights, the partners are Guangdong Nanhai Investments (owned by local government) and Foao Group (a local property and hotel developer). Surely, such a joint venture is getting full support from all local authorities. The eastern wing...

Guangzhou Aoyuan City Plaza (城市天地) 2144 m 73600 sq m @CNY29130 (AV 6800) 29.4% of saleable area contract sold 126% of land cost scored. Guangzhou Aoyuan Beyond Era (越時代) 1550 m 69200 sq m @CNY22400 (AV 5000) 51.7% of saleable area contract sold 221% of...

06/2014 底價新購韶關商住用地共計容積 67.87 萬平方米，地價 9.556 億，AV1408 China Aoyuan (Stock Code: 3883) acquired a plot of commercial and residential land in Shaoguan, Guangdong for RMB 956 million. The total GFA is approximately 678,600 sq.m. at an average cost of approximately...

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奧園郭氏兄弟的資料(二)

Published on July 10 2014

5.香港上市上市，奧園獲得 41 億港元的新資金誠成文化借殼事件後，郭梓文先生並沒有一蹶不振，反而更積極籌畫重回資本市場。但在當時，郭梓文先生手上籌碼也沒多少了。數一數只剩下番禺的三個奧園（廣奧，南奧、番奧)，南沙奧園，天鹿湖。更糟糕的是在運作上市前不久，天鹿湖用地居然還被市政府收回了。2006 年的奧園在廣東的名氣很大，但實力明顯已經不算是大咖。 2006年，郭梓文正式向上市攻關。第一步就是引進能幫他上市的策略夥伴國泰財產。 2006.06.02，上市前國泰財產認購 307,500,000...

郭梓文，1964年生。以企業家年齡而言正當壯年。歷來配息紀錄，在中國民營上市公司中屬於對小股東大方的經營者，作風正派。企業家失敗的很多，但又有能力失敗後又再次崛起的卻是不多見。由於買股票就等同是與企業老闆合夥做生意，不妨對奧園的背景多點了解。以下是我收集的資料，讓大家來了解一下郭梓文先生與奧園的成長： 1.背景 1964年生，單親家庭，兄弟倆人成長廣州南沙黃閣其他求學過程透過以下捐贈報導找出成長軌跡，番禺日報 2.番禺金業園至奧林匹克花園時期資料不好找，參考兩本書王志綱：金業傳奇(1) 、金業傳奇(2)...

It is going to be marketed under the Chinese name 奧園半島一號 . This is a 259,500 sq m development of two phases with a cultural centre be built for the local government, while its construction cost would be regarded as part of the land cost. I estimate that...

According to the unit price in contract sales and development costs of the project in 2013 and 1H 2014, the total net profit of the entire plot can be estimated. An after tax net profit of more than HK$0.50 per share is projected when the whole development...