WHAT DID MR TONG (THE WEEKLY EDGE) BOUGHT @ 2 JULY 2018
1. Mah Sing
2. EcoWorld Malaysia
Why? Because these stocks (selling below properties below RM500,000) could enjoy robust upside gains once demand regain traction.
WHAT DID MR TONG SOLD @ 2 JULY 2018
1. OKA
2. Superlon
3. Willowglen
MR TONG'S VIEW
We expect focus will shift from mega infratructure to affordable housing projects under the new regime.
(mega infrastructure - HSR, ECRL, MRT3. What about Pan Borneo, Penang Tunnel etc?)
WHAT IS YOUR VIEW?
Look for properties that deliver affordable housing projects, landed residentials, projects of properties below RM500k (with exception of strategic location where strong demand is available). Avoid luxury condos (>RM800,000).
As for constructions sector, look for mid size competitive contrators that is good with building schools, hospitals, police stations and other government properties.
Recently many construction and property stocks created new lows, bargains do exist.
Created by sosfinance | Jul 14, 2018
the days of throwing darts and get big winners are over.
those who can preserve wealth are the champions.
2018-07-01 14:12
the days of throwing darts and get big winners are over.
those who can preserve wealth are the champions.
I think I have preserved my portfolio very well the last 6 months.
and I will continue to preserve my portfolio very well in coming 6 months.
2018-07-01 14:14
Why not Ecoworld International, almost buttom and turning aroung coming q?
2018-07-01 14:24
1. EcoWorld Malaysia owns 27% of EcoWorld International.
2. When will properties gain traction depends on PH and BNM policies.
3. Until PH settle down, the direction of many sectors is still unclear.
4. Only consumer stocks are in favour at the moment.
5. Foreign funds trend is still unsettle.
2018-07-01 18:40
No RM 15k combined income better dont buy ecoworld properties. This is what my investor friend told me after doing a research on their customers
2018-07-01 20:14
lizi
i also notice his move..yes, u can talk about affordable...but mah sing, ecoworld use to build premium house leh, margin affected or not?
2018-07-01 14:08