*on buyback* Cebu Landmasters Inc.
(06-16-2017, 10:39 AM)barwins Wrote: mukhang undervalued ang stock na ito ah. will hold at least to PHP 7.50/share.

NEXT YEAR P10.00 NA'TO!winkingBig GrinCool
I will hold my shares into this stock long term matyaga nmn ako eh. Sana mag-ala DD i2, bought my DD at 8.5 and sold at 53! Swabe!
(06-22-2017, 12:34 PM)Luckybull Wrote: I will hold my shares into this stock long term matyaga nmn ako eh. Sana mag-ala DD i2, bought my DD at 8.5 and sold at 53! Swabe!

ang galing ko benenta ko sa 5.50 before.ang tang@ koSmile. lols hahaha. bwisit na IPO yan. congratz sa mga meron pa.
Gavh1208 Wrote: ang galing ko benenta ko sa 5.50 before.ang tang@ koSmile. lols hahaha. bwisit na IPO yan. congratz sa mga meron pa.

paki bash mo nga boss para tumaas Big Grin...bumaba sya noong napuri e Big Grin...


CLI to exceed P4B reservation sales goal

Property developer Cebu Landmasters Inc. (CLI) expects to exceed its P4 billion reservations sales goal this 2017, thus seen to become a banner year for Cebu’s first publicly listed real estate firm.

Citing brisk demand from its home turf of Visayas and Mindanao (Vis-Min), CLI president and chief executive officer Jose Soberano III disclosed to the Philippine Stock Exchange on Tuesday that reservation sales for the first nine months stood at P3.66 billion, 26 percent more than the P2.9 billion reservations sales registered for the entire 2016.

“This year is a banner year and with several launches scheduled in the last quarter of 2017, we are confident of surpassing our P4 billion target,” Soberano said.

Reservation sales are a gauge of how revenues will grow in the next few years. Sales drivers for third quarter reservation sales included a range of residential projects across the economic spectrum in Cebu, Davao and Cagayan de Oro. Combined reservation sales of mid-market garden series residential condominiums in Davao and Cagayan de Oro accounted for P1.26 billion.

High-end 38 Park Avenue at the Cebu IT Park contributed over P815 million in reservation sales while phase 1 of economic housing project Casa Mira South in Cebu contributed P577 million. Phases 1 and 2 of mid-end condominium development Mivesa Garden Residences in Cebu accounted for P526 million.

A significant part of projected reservation sales for the balance of the year will come from its new residential launches in the second semester alongside CLI’s economic housing brand named Casa Mira “which gives more in open spaces, amenities and overall value to the Filipino family,” Soberano said.

Using proceeds from its initial public offering, CLI recently acquired a 14-hectare property in Granada, Bacolod. CLI also plans to build 1,200 Casa Mira townhouse units while 38 Park Avenue, a high-end development, will soon rise to be the tallest building in Cebu IT Park.

Mivesa Garden Residences was likewise cited as one of CLI’s fastselling mid-rise condos. Its first two towers are fully sold.

Other Casa Mira developments that will be launched in the last quarter of 2017 will be in Sibulan, Negros Oriental (543 units); Iloilo (estimated 526 units); Guadalupe, Cebu (727 units). Including units from three other projects launched prior to this quarter in Cebu, Casa Mira will roll out a total of 7,600 units this year.

Soberano attributed CLI’s performance to growing demand for quality residential projects in Vis-Min.

“We have captured the needs and preferences of the Vismin market. We have always believed that client satisfaction – from buyers of high-end as well as economic housing developments – has a multiplier effect on revenue streams,” he said.

source: http://business.inquirer.net/238421/cli-...sales-goal

...I think this is a good stock

Cebu Landmasters breaks ground for first Davao City venture

DAVAO CITY — Cebu Landmasters, Inc. (CLI), in partnership with Davao-based Yuson Commercial Investments, Inc., broke ground on Friday, Oct. 20, for its first project in the city, a 22-storey condominium.

CLI and Yuson Investments have formed a joint venture firm, Yuson Excellence Soberano, Inc. (YES Inc.), for the 694-unit MesaTierra Garden Residences, which is targeted for completion by 2020.

“This is a milestone event. This project has a 36-month timetable but we will exert efforts to complete it earlier,” CLI Chief Executive Officer Jose R. Soberano III said.

Mr. Soberano said they have sold nearly 90% of the units since pre-selling started early this year, with overseas Filipino workers from Davao City and neighboring provinces comprising the bulk of the buyers.

“That is how strong the market is,” he said.

Apart from MessaTierra, YES Inc. has three other projects in the pipeline.

One, planned for launching “in the next few months”, would be the “Riverside” project to be built on a three-hectare area along McArthur Highway.

Frederick H. Yuson, chief executive officer of Yuson Investments, said Riverside will be located next to the Ateneo de Davao High School and will house the Ascott Residences and Condominiums.

Another would be a four-hectare complex at the Times Beach area, possibly mixed-use.

“We’re still contemplating what’s the best thing for that, maybe an event center or maybe a residential or just food complex,” Mr. Yuson said.

In May this year, CLI also inked a deal with Davao City’s Huang and Yuson families for the conversion and development of the 18-hectare Matina Golf Course into a central business district (CBD).

Mr. Soberano earlier said they are considering partnerships or selling portions of the planned CBD area to other developers. It is envisioned to have a hotel, school, business process outsourcing offices, as well as residential and commercial components.

“And definitely there’s more to come after these four projects,” Mr. Yuson said.

source: http://bworldonline.com/cebu-landmasters...y-venture/

...pwede 'to i-long term

CLI on track to breach P1.2-B income target for 2017

CEBU LANDMASTERS, Inc. (CLI) said it remains on track to surpass its target of P1.2 billion in earnings for 2017, amid a 105% profit surge during the first nine months of the year.

The Cebu-based property developer generated a net income of P940 million in the first three quarters of 2017, higher than the P459 million it posted in the same period in 2016. The increase in earnings comes on the back of a 68% climb in revenues to P2.736 billion during the period.

“We’re very pleased with our company’s performance this year, but we still have more projects to launch for the balance of 2017,” CLI President and Chief Executive Officer Jose R. Soberano III said in a statement.

The company has so far launched eight out of 14 projects lined up for 2017, worth a total of P17.7 billion. Among the launched projects are its Casa Mira brands across Naga, Cebu, and Sibulan, Negros Occidental, as well as MesaTierra Garden Residences in Davao City.

For the remainder of 2017, CLI will be launching six more projects. This includes Astra Centre, a mixed-use development in Cebu City covering 10,000 square meters of retail space accompanied by 467 residential units and 158 hotel units.

The company will also be launching two projects in Cebu — Casa Mira Towers with 727 units, and Base Line Prestige with 351 units.

CLI benefited from new project launches as it delivered P3.66 billion in reservation sales by the end of the third quarter of 2017. This surpassed the company’s full-year reservation sales in 2016 by 26%, which stood at P2.95 billion.

In total, the listed firm has 42 developments with 16,006 units currently in various stages of construction, worth P45.03 billion. Residential condominiums account for bulk of CLI’s projects at 52%, followed by residential subdivisions at 26%. Commercial developments represent 16% of CLI’s project mix while the hotel segment account for 6%.

In terms of pricing, CLI projects are mostly for the mid-market and economic housing segment, which makes up 43.92% and 40.55% of the business, respectively. High-end residential projects take up 14.46% of the pie while the remaining 1.07% is for socialized housing.

The homegrown property developer has been able to ramp up its project launches and developments through an initial public offering last June, where it raised P2.02 billion. CLI reported that 28% of the total proceeds have already been used for key land acquisitions and joint venture agreements.

source: http://bworldonline.com/cli-track-breach...rget-2017/

Cebu Landmasters to develop P4-B Davao project

CEBU Landmasters Inc. (CLI) signed a joint venture agreement for a P4-billion project with two businessmen from Davao City.

“Economic opportunities in Davao, the strong and deep roots of our partners in this city and our expertise in project development ensure a high success rate for this project,” Jose R. Soberano III, CLI president and chief executive officer, said in a statement.

CLI, Cebu’s homegrown property developer, has signed the deal with Yuson Strategic Holdings Inc. and Davao Filandia Realty Corp. The Davao companies were represented by Frederick Yuson and Jason V. Huang, respectively. Their joint venture is named YHES (Yuson Huang Excellence Soberano) Inc.

CLI said its project in Davao City is a mixed-use development that will house an internationally branded hotel, four residential towers, a boutique retail podium and convention facilities. The project adds to the company’s mixed-use portfolio that includes Base Line Center in Cebu, 38 Park Avenue in Cebu IT Park, and Astra Centre in Mandaue City.
A 250-room hotel and serviced residence, named Citadines Riverside Davao, will be the anchor of the project’s first phase. Service residence operator The Ascott Limited will manage the facility.

The first Citadines-branded property in Davao City will have units with floor areas between 25 and 45 square meters.

Phase one, which is expected to be operation by 2021, will also feature the first of four residential condominium towers, boutique retail and convention facilities.

source: http://bworldonline.com/cebu-landmasters...o-project/


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