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4 Comments

    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      Thanks for those answers. A follow up question - you have previously said you expect $500 million in revenues from Baqiao. What is your assumption on Baqiao land value (per acre) appreciation per year?

      You have also said you purchased the property for $34 million and expect $309 million in improvement costs. Are there relocation costs, and if so are they included in those numbers? Also, are relocation costs weighted more to later years? Put another way, will margins on the project, if you assumed flat $ per acre sales prices thru 2010, be similar in all years?

      Finally, my impression is you employ subcontractors for work. Do you also use subcontractors for design and engineering? And is the work related to Baqiao different from your historical area of expertise and does this create additional execution risk?

      Thanks!
      Doug       Jul 12 11:10 PM
    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      PS -
      sorry, could you also comment on what improvements need to be made to Baqiao land prior to its sale?

      Thanks!       Jul 12 03:00 PM
    • Interactive Q&A: Jing Lu, Investor Relations Director of China Housing and Land Development, Inc. (CHLN.OB) [view article]
      Hello Jing,

      Could you speak in a little more detail about the nature of the Baqiao project and the likely size and timing of land and housing sales?

      Specifically for Baqiao, how much land do you own in total?
      How much land will you sell in 2007, 2008, etc?
      How much land are you holding to build housing (ie how many acres and sq feet of housing at completion)?
      When will housing be built, and when will it be sold?

      Could you also comment on the property rights associated with this land? Does ownership revert to the government at a certain time, and if so when. And is the timing the same for houses or condos sold on the land?

      Thanks,
      Doug       Jul 12 02:59 PM
    • Interactive Q&A: Brian Lin, CEO of China Fire and Security Group, Inc. (CFSG.OB) [view article]
      Hi Brian, thanks for taking questions. Could you talk about:

      1) progress you are making signing OEM supply relationships for your linear heat detectors?

      2) any changes since the 1Q conf call on pricing for linear heat detectors? Do you continue to think your technology will support price increases?

      3) are you continuing to grow your backlog?

      4) current manufacturing capacity utilization?

      Thanks,
      Doug       Jul 09 11:10 AM
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