Koon Yew Yin's Blog

Property Developers comparison (Update) - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 19 Sep 2023, 12:01 PM
Koon Yew Yin
0 1,448
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Property Developers comparison (Update) | 8 September 2023

After I saw RHB recommendation to buy Kerjaya Prosek Group yesterday, I studied all the top 12 property developers and tabled them below for comparison. Kerjaya Prosek Group is ranked 6.

All property developers reported increasing profit in the last 4 quarters after recovering from Covid 19 pandemic. Home prices are increasing. The list below is the comparison of the top 12 property developers in Malaysia.

KSL is the cheapest in term of PE ratio and Tropicana is the worst. KSL is selling at RM1.10 and at PE 3.5. Its NTA is Rm 3.44.

KSL Holdings Bhd is a holding company. It is engaged in real estate services. The company has four reportable segments Property development; Property investment; Investment holding and Car park operation. Property development includes the development of residential and commercial properties; Property investment includes an investment of real properties and hotel; Investment holding includes the provision of management services to the subsidiaries, and Car park operation includes car park management services. KSL derives most of its revenue from Property development.

Related Stocks
Market Buzz
More articles on Koon Yew Yin's Blog
MHC Reported Increased Profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 21, 2024

Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici

Why all plantation companies will continue to report more profit - Koon Yew Yin

Created by Koon Yew Yin | Nov 20, 2024

Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Who will win the Presidential Election? - Koon Yew Yin

Created by Koon Yew Yin | Oct 30, 2024

Latest poll on 30th Oct 2024

Wasco expects better profits in coming quarters with robust order book - Koon Yew Yin

Created by Koon Yew Yin | Oct 25, 2024

The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.

Malaysian Communist Party - Koon Yew Yin

Created by Koon Yew Yin | Oct 14, 2024

Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Oct 04, 2024

KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...

Water pollution in the UK: the causes and effects - Koon Yew Yin

Created by Koon Yew Yin | Sep 06, 2024

Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.

Johor Property Boom - Koon Yew Yin

Created by Koon Yew Yin | Sep 03, 2024

State housing and local government committee chairman Datuk Mohd Jafni Md Shukor said demand for properties in Johor has gone up since last year’s announcement about the SEZ.

Discussions
1 person likes this. Showing 9 of 9 comments

ahbah

Yes to KSL ?

2023-09-20 14:51

ahbah

kyy oredi injected negative energy into ksl bcos of his promotion ?
ksl oredi doomed ?

2023-09-20 16:11

KingKKK

Using only PE to evaluate property companies is not suitable because some have a lot of landbank to be developed in the future.

2023-09-20 19:46

KingKKK

Case in point:
The top 6 lowest PE stocks in the list performance today: +0.2%
The 6 highest PE stocks: +3.6%

The 2nd highest PE stock UEMS +7% today!

2023-09-20 19:49

supersaiyan3

KYY doing charity again? So nice.....lol

The question is: donate to who? "Everybody!" lol

2023-09-21 07:51

WiraBoleh

KSL adalah Johor punya property company. Ia akan naik krn tema Johor

2023-09-21 11:11

ahbah

Hidup Johor !

2023-09-21 11:49

speakup

Kseng juga Johor property company tapi tak naik?

2023-09-21 12:36

KingKKK

Did you miss UEMS which has quadrapled from 23 sen to 92 sen? Want some indirect proxy to UEMS/ Johor story?

SUCCESS is an indirect Johor proxy play. This company produces transformers which is used when Data Centre is built.

More data centre in Johor MEANS higher transformer demand MEANS higher earnings for SUCCESS.
Stock Code: 7207

Why does data center need transformer?
Transformers ensure stable power, distribute it efficiently, and protect data center equipment from electrical issues.

From its latest quarterly result...
"In the transformer products, we are experiencing robust demand from data centres, industrial machinery and the medical industry. The recent need for efficient cloud storage management has further driven growth of transformer demand in the data centre industry."

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3381717

2023-09-21 16:21

Post a Comment