Highlights
SGX: Global Logistic (MC0)       GLOBAL LOGISTIC PROP LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0

Overview

Avg Volume (4 weeks):0
52 Weeks Range:2.68 - 3.38
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 2.87
Price Target Upside/Downside: +2.87

Headlines

Date Subject
02-Oct-2017 Global Logistic Properties Ltd: Expands in Europe Via Fund Platform

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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