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Still profit though... http://www.scmp.com/business/companies/article/1740009/guangzhou-rf-properties-net-profit-falls-1492pc Anyway... just faster faster go ahead and build the da*@ thing... :)

Most worried about Encorp (picture 4), it seems no movement since February when an earlier picture was taken. Encorp owners please whip some asses. All Puteri Harbour owners are behind you as no one wants to see an uncompleted project in the vicinity. Thanks... Am most happy when people take...

Thanks.... There is progress... faster faster....

Anybody popped into the ferry terminal recently? Last time I did they told me what they usually tell me - "Soon. But not yet." To me, the ferry service is a key sign of the determination of both sides to make it work. Forget the HSR, RTS. Here, the infrastructure is all there. The brochures are...

Whatever... Anybody with update/ pictures of progress?

Not strongly against that... As long as they can pay my rent... In Rinngit and not in kind...

Ya that's what I'm interested in... To be honest I'm not interested in the reclamation works... That is not Phase 1. Anybody got photos of the piling etc?

Ah ya... So much fighting for what? Everybody fren fren... BTW, anyone got latest picture? Can see any difference or not? Still haven't called me for 2nd 10%. Was told that would have been in Jan....*gasp* Got delay? Hope note...

I dunno... Shall I try something more cynical than that.... Exports are falling, growth is falling, efficiency and productivity is falling what with the foreign labour cap. Property prices in Singapore are falling... I'm just wondering if maybe some of the powers-that-be may not want to make it...

I know I digress but don't say RTS which is massive investment.... Let's talk about simple thing like ferry service from Singapore to Puteri Harbour. CIQs both sides built already. There is a willing service provider - Wavemaster....EVERYTHING READY. Long time ago they said mid-2013... But then...

I know...Ba is defined as having high speculative elements and significant risk. But most of the Chinese companies are around there, so while that is something to take note, I wouldn't be so worry about it yet... It's the system they work in - preferential access to credit means there will...

Wow... Great... Dated today... Were they just taken?

Agreed. For my Puteri Cove property, they already claimed money for the phase, meaning I suppose, piling, substructure all set. Still cannot see anything above ground. Pictures look like this... Since R&F has not claimed yet, I suppose they have not reached this stage yet. Hoping they do soon...

To be fair, for Country Garden, the superstructure is very visible already... That is why I am waiting for Phase 2 to start so I can start seeing progress. For Phase 1 piling it is very hard to tell.... I thought R&F would have finished by now.... I guess when they call for Phase 2 payment it...

You mean 2017q4? :) If it is 2014q4 I will be panicking:)

No problem. I, more than anything, want R&F to succeed. I bought a unit there (anybody here went for the appreciation dinner?). But I believe that we should be objective. And yes, I do think that when people are to fanatical in their support for something, they tend to lose credibility in their...

Most records don't have them in top 10 but I'm quite sure they are in top 20...

So. Does anybody have any news on the ferry service? From November to December to January... Brochures, pamphlets everything printed... But no ferry? Maybe they are waiting for some critical mass because right now there are no permanent residents. Imperia would be a landmark but I heard that...

R&F is not cash rich... It is Ba2 negative with Moody's, which is ok, but far from good. Country Garden is Ba2 positive and Greenland is Baa3 something (forget). Bad is Kaisa, which has just had projects suspended in Shenzhen - is Caa negative... R&F's downgrade from Ba2 stable to Ba2...