1972.HK - Swire Properties Limited

HKSE - HKSE Delayed Price. Currency in HKD
26.650
-0.200 (-0.74%)
At close: 4:08PM HKT
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Previous Close26.850
Open27.050
Bid26.650 x 0
Ask26.700 x 0
Day's Range26.400 - 27.100
52 Week Range25.150 - 34.650
Volume5,002,053
Avg. Volume2,759,649
Market Cap155.902B
Beta (3Y Monthly)0.55
PE Ratio (TTM)4.59
EPS (TTM)5.800
Earnings DateMar 13, 2019 - Mar 18, 2019
Forward Dividend & Yield0.86 (3.11%)
Ex-Dividend Date2019-09-04
1y Target Est35.08
  • Thomson Reuters StreetEvents

    Edited Transcript of 1972.HK earnings conference call or presentation 8-Aug-19 10:00am GMT

    Half Year 2019 Swire Properties Ltd Earnings Presentation

  • Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage  confidence in retail sector
    South China Morning Post

    Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector

    Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city's retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic's share prices have declined the most since the huge rally on June 9 that kickstarted what has now been weeks of demonstrations punctuated by violent clashes with police.Swire dropped 8.1 per cent to close at HK$30.75 on Wednesday, while Wharf Reic slumped by 7.1 per cent to close at HK$50.35."The protests have lasted for more than a month, and investors are seeing how they have got more serious. The market is a little worried about retail sales because the protests may affect the number of mainland visitors coming," said Raymond Cheng, head of Hong Kong and China research and property at CGS-CIMB Securities."Even foreign governments have warned Hong Kong may not be a safe city to visit amid the rallies. Investors immediately think the direct impact of the protests is on the retail sales and [foot] traffic in shopping malls."Cheng warned that if the protests were to last a long time, it would affect attitudes towards the business environment, the office market and the outlook for residential prices.UK authorities fail to reassure investors in what could be the country's biggest property scam this yearWharf Reic declined to comment on its share-price performance.It owns numerous high-end shopping centres including Causeway Bay's iconic Times Square and Tsim Sha Tsui's Harbour City.Swire Properties, which operates Pacific Place in Admiralty, declined to comment on the share-price movement. A spokeswoman said: "Over the last few weeks, there have been intermittent disruptions which have affected operations at Pacific Place Mall. However, we were able to resume normal operations shortly afterwards."Meanwhile, shares in Sun Hung Kai Properties, whose Yoho Mall and New Town Plaza have been at the epicentre of the violence that has flared up between protestors and police, declined by 3.8 per cent between Friday and Wednesday.Link Reit, which has a number of shopping centres in the affected areas, declined by 1.8 per cent during the same period.Link's spokesman said share prices are "determined by forces in the trading market" and they "are not in an appropriate position to comment".The period of gloom has also come amid the escalating US-China trade war and lower spending by visitors, which have dampened retail sector growth and sentiment.Violence in Hong Kong's Yuen Long casts long shadow over property projects in New Territories"Local economic uncertainties may continue to affect mainland tourists' spending appetite. Sales and leasing demand for Admiralty and Wan Chai retail spaces may have been dampened by recent social events," said Cynthia Ng, director of retail services at Colliers, adding that sustained domestic consumption will help retailers cope with recent sales drops.Dennis Cheng, senior sales director at agency Ricacorp (CIR) Properties, said there is a danger of the impact from the demonstrations "spreading to various districts"."The impact is even faster and more serious than US-China trade war," Cheng said.The downbeat commercial property market has been hammered by the double whammy of the protracted trade war and the extradition bill controversy, said Roy Wong, director of Ricacorp."Only 2,881 industrial, commercial and retail properties changed hands in the first half of this year, down 46 per cent on the year," said Wong. "It is the most downbeat in three years. Potential buyers have become very cautious when making purchases."Additional reporting by Daryl ChooThis article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2019 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2019. South China Morning Post Publishers Ltd. All rights reserved.

  • Why Swire Properties Limited's (HKG:1972) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why Swire Properties Limited's (HKG:1972) High P/E Ratio Isn't Necessarily A Bad Thing

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...

  • Is Swire Properties Limited's (HKG:1972) 2.6% Dividend Worth Your Time?
    Simply Wall St.

    Is Swire Properties Limited's (HKG:1972) 2.6% Dividend Worth Your Time?

    Today we'll take a closer look at Swire Properties Limited (HKG:1972) from a dividend investor's perspective. Owning a...

  • Swire Properties Limited's (HKG:1972) Earnings Dropped -16%, Did Its Industry Show Weakness Too?
    Simply Wall St.

    Swire Properties Limited's (HKG:1972) Earnings Dropped -16%, Did Its Industry Show Weakness Too?

    Assessing Swire Properties Limited's (HKG:1972) past track record of performance is a useful exercise for investors. It allows us to understand whether the company has met or exceed expectations, which is a great indicator for future pe...

  • 4 Days Left To Cash In On Swire Properties Limited (HKG:1972) Dividend
    Simply Wall St.

    4 Days Left To Cash In On Swire Properties Limited (HKG:1972) Dividend

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Shares of Swire Properties Limited (HKG:1972) will begin trading ex-dividend in 4 days. To qualify for the dividend check of...

  • Thomson Reuters StreetEvents

    Edited Transcript of 1972.HK earnings conference call or presentation 14-Mar-19 9:45am GMT

    Full Year 2018 Swire Properties Ltd Earnings Presentation

  • Is It Time To Consider Buying Swire Properties Limited (HKG:1972)?
    Simply Wall St.

    Is It Time To Consider Buying Swire Properties Limited (HKG:1972)?

    Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Swire Properties Limited (HKG:1972) saw a double-digit share price riseRead More...

  • Is Swire Properties Limited’s (HKG:1972) P/E Ratio Really That Good?
    Simply Wall St.

    Is Swire Properties Limited’s (HKG:1972) P/E Ratio Really That Good?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use Swire Properties Limited's (HKG:1972) P/E Read More...

  • Reuters

    BRIEF-Swire Properties Is Terminating Its American Depositary Receipts Level 1 Programme

    Dec 18 (Reuters) - Swire Properties Ltd: * IS TERMINATING ITS AMERICAN DEPOSITARY RECEIPTS LEVEL 1 PROGRAMME ON 5TH SEPTEMBER 2019 Source text for Eikon: Further company coverage:

  • Simply Wall St.

    Is Swire Properties Limited (HKG:1972) As Strong As Its Balance Sheet Indicates?

    Swire Properties Limited (HKG:1972), a large-cap worth HK$169b, comes to mind for investors seeking a strong and reliable stock investment. Most investors favour these big stocks due to their strong Read More...

  • Simply Wall St.

    Is Swire Properties Limited’s (HKG:1972) CEO Paid At A Competitive Rate?

    Guy Martin Bradley has been the CEO of Swire Properties Limited (HKG:1972) since 2015. First, this article will compare CEO compensation with compensation at other large companies. Next, we’ll consider Read More...

  • Simply Wall St.

    An Examination Of Swire Properties Limited (HKG:1972)

    I’ve been keeping an eye on Swire Properties Limited (HKG:1972) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe Read More...

  • Swire Properties Limited (HKG:1972): What You Have To Know Before Buying For The Upcoming Dividend
    Simply Wall St.

    Swire Properties Limited (HKG:1972): What You Have To Know Before Buying For The Upcoming Dividend

    Shares of Swire Properties Limited (HKG:1972) will begin trading ex-dividend in 2 days. To qualify for the dividend check of HK$0.27 per share, investors must have owned the shares priorRead More...

  • Hong Kong’s Property Market Fears Haven’t Impacted This Developer
    Bloomberg

    Hong Kong’s Property Market Fears Haven’t Impacted This Developer

    The risk of a meltdown in Hong Kong’s bubbly property market has weighed on the shares of all local developers traded on the city’s stock exchange this year except one: Swire Properties Ltd. The firm has pulled away from the pack for a variety of reasons, from an asset sale to rising rental income, according to Patrick Wong, an analyst at Bloomberg Intelligence.