Highlights
SGX: Global Logistic (MC0)       GLOBAL LOGISTIC PROP LIMITED
Last Price Today's Change   Day's Range   Trading Volume
2.78   -0.22 (7.33%)  2.68 - 3.00  25,632,000

Overview

Avg Volume (4 weeks):6,985,090
4 Weeks Range:2.68 - 3.00
4 Weeks Price Volatility (%):
31.25%
52 Weeks Range:1.73 - 3.00
52 Weeks Price Volatility (%):
82.68%
Average Price Target: 2.87
Price Target Upside/Downside: +0.09

Market Buzz

Date Type Subject
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
20-Jun-2017 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in interest of Director
19-Jun-2017 Announcement Employee Stock Option/ Share Scheme::Notice of Transfer and Use of Treasury Shares

Headlines

Latest Headlines
19/05/2017  Global Logistic Properties Ltd: Healthy Set of FY2017 Results
04/05/2017  GLP signs 3 mil sf of new leases in China
06/04/2017  Transport stocks, GLP, SHS, Serial System, ISR Capital
06/04/2017  GLP announces signing 2.8 mil sq ft of new leases globally
03/04/2017  Global Logistic Properties update on strategic review
03/04/2017  Global Logistic Properties Ltd: Update on strategic review
29/03/2017  Further syndication of 24.2% stake in Global Logistic Properties' US Income Partners III fund
20/03/2017  GLP unit sets up China subsidiary; another unit raises stake in JV
09/03/2017  ISR Capital, GLP, TTJ, AxcelAsia, Silverlake Axis
09/03/2017  GLP clinches new leases in China, Japan
28/02/2017  Olam, UE, GLP, Sapphire, Jardine C&C, Sabana, Noble
27/02/2017  Global Logistic Properties completes evaluation of proposals received in strategic review
21/02/2017  Wilmar, Maxi-Cash, OKP, Auric Pacific, Tritech, GLP
21/02/2017  GLP signs new leases with 3PL companies in China; buys Shanghai company for $72 mil
20/02/2017  GLP buys Shanghai company for $72 mil
10/02/2017  Global Logistic Properties Ltd: Fairly balanced risk-reward here
09/02/2017  Global Logistic Properties Ltd: Firm set of 3Q numbers
09/02/2017  Singtel, GLP, F&N, Ho Bee, IPS Securex, Avi-Tech
09/02/2017  GLP reports 7% fall in 3Q earnings on forex, absence of one-time gain
03/02/2017  Global Logistic Properties receives various proposals from a number of parties in strategic review

Business Background

Global Partners LP is a master limited partnership engages in the wholesale and commercial distribution of refined petroleum products and natural gas and renewable fuels and also provides ancillary services to companies. The Company sells its refined petroleum products in two segments: Wholesale and Commercial. It owns, controls or has access to the terminal networks of refined petroleum products in Massachusetts, Maine, Connecticut, Vermont, New Hampshire, Rhode Island, New York, New Jersey and Pennsylvania (collectively, the Northeast). It owns and supplies fuel to 190 Mobil-branded retail gas stations (38 leased properties and 152 fee properties) in New England and supply Mobil-branded fuel to an additional 31 independently-owned stations. On September 30, 2010, acquired retail gas stations and supply rights from ExxonMobil Corporation. On June 2, 2010, it acquired of three refined petroleum products terminals located in Newburgh, New York from Warex Terminals Corporation.

  Geow Koh Chai likes this.
 
yamiyugi why suddenly drop so much? anyone knows?
17/03/2014 14:37
BHSL Probably some fund investors don't like GLP taking on more Brazilian assets increasing emerging market risks.
18/03/2014 10:06
yamiyugi i thought it is a wise move which will benefit all the investors since there is more revenue?
19/03/2014 09:02
SYKN Yes, I also added a few more lots but the price went further down! Scarry, eh? But in this case, I believe that those willing to be patient will be rewarded. Already the 9M earnings have exceeded annual earnings for all the previous years. When the FY results come out in May, we should see a surge in share price as people discover its positive FCF.
19/03/2014 09:18
yamiyugi i believe so too....have faith in it....
19/03/2014 10:23
Douglas According to reports - GLP share price falls as many investors were concerns over the weakening of Chinese Yuan and this in turn may have a negative impact (on its' earning) from any proposed China deals. Nomura, maintained "neutral" rating on GLP, TP at S$2.84. The weakening Yuan may be one reason why GLP has been underperformance since mid-February.
21/03/2014 00:18
SYKN I guess that's why GLP made a huge investment into logistics warehousing properties in Brazil, as a form of diversification. But its primary focus is still very much China, and I guess it just have to roll with the punches. This stock appears to have pretty high beta, so I expect the volatility to be high in this market.
21/03/2014 08:10
flekswood @skyn & @douglas - Valid points
21/03/2014 10:38
Frant Denner Post removed. Why?
04/04/2014 16:47
Henry Wong Post removed. Why?
09/04/2014 19:39
yamiyugi what happened to this counter? anyone mind to share?
11/06/2014 12:19
SEEMAL Have a fun...
24/02/2015 15:59
Lee Christine is it time to buy now? any advices?
25/02/2015 11:53


 

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