Friday, March 25, 2011

Undervalued property stocks

Counter Price as at March 25 ($)Book NAV as at March 31 ($)RNAV ($) Discount to RNAV (%)
Allgreen Properties 1.09 1.62 2.21 -50.7
CapitaLand 3.33 3.32 5.37 -38.0
City Developments 11.72 7.03 14.12 -17.0
Guocoland 2.42 2.14 3.74 -35.3
Keppel Land 4.45 2.97 6.17 -27.9
Wheelock Properties 1.88 2.31 2.87 -34.5
Wing Tai Holdings 1.56 2.14 2.71 -42.4

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