Posted by tc88 > 2015-05-24 13:01 | Report Abuse

Why need to unlock, retail division is of high growth....
Retail division 's growth rate is better than property division in my opinion.

Posted by contemplator > 2015-05-27 00:15 | Report Abuse

ESOS is unreasonable. The current ratio (lastest annual report) is 2, debt level just increased by 50%. Raising capital through ESOS seem unreasonable. ESOS + share division will further damage the already low ROE (6-7%).

Selling this stock is a reasonable decision!

Posted by lymc_88 > 2015-07-13 11:08 | Report Abuse

dun think it's right to say shareholder value is diluted, as it's a rights issue with first rights given to ALL ordinary shareholders. I do agree there will be EPS and PE dilution, so what looked like undervalue may be propertly valued post-exercise