SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taikun who wrote (56607)11/30/2004 7:52:20 AM
From: TobagoJack  Read Replies (2) of 74559
 
David I just got the big prospectus. The application form will be out next week. I will be subscribing, and I will be buying ferociously, because ...

(a) the government does not know anything about managing real estate, and so

(b) the privatization will enable the private sector to improve on already quite good yield (6.5%) relative to HKD interest rate on savings (0.01%), also

(c) the properties are in 'good' locations (very crowded residential neighborhoods, along the subways)

However, subscribing to the IPO will not net one a lot of shares, as it will be over subscribed. So, must buy in open market.

Chugs, Jay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext