Good afternoon.

I have good news. GDP grew at 4.9% vs 4.5% expectations.

Source: http://finance.yahoo.com/news/malaysia-q2-gdp-grows-4-043411071.html

Good luck.

Tomorrow GDP Growth will be announced. 4.5 maybe (I don't have a crystal ball)

If so, we might be in for a slight lift in sentiment tomorrow. Although I think it would be short lived. as it would be out phased by foreign sell-offs.

@Spiderman

Sept 13-15 is just before the Federal reserve meeting. This is my personal opinion but I don't think holding dollars would be wise after that.

I could be wrong (do your own research) But I am going to hold what I have (Not just Asiapac) and I will add some more on Sept 13-15.

GDP growth news tomorrow. Stay tuned

@ Spiderman

1- Over the last few quarters, the dollar has been gaining against all other major currencies.

2- A lot of capital fled these so called "emerging markets" in favour of holding dollar denominated assets. It was a great ride and some - me included - made substantial FX gains.

3- That ride is about to come to a stop either through:

A- The Fed raising rates (look up charts on DXY and Fed initial rate increases),
B- The Fed not raising rates (investors will get tired of waiting and call the Fed's bluff),
C- Or the Fed engaging in Quantitative Easing round #4 (China just devalued it's Yuan and flipped the middle finger to the IMF)

4- Once that occurs, There will be capital flight from USD to other currencies, such as MYR.

5- Once step number 4 happens, the smart money will come looking for undervalued assets.

6- You're are looking at one of the most undervalued, non-debt laden, asset heavy, growing company.

The company bought back 679,400 shares on Monday 1.46 - 1.47.

Mark my words...

1- The DXY rally has peaked.
2- Whatever capital that flew out of emerging markets will go back.
3- Commodities are in deflation. Central banks hate deflation....

and For the ultra wise....I say

*QE4 (or whatever they end up naming it) is upon us*

;)

Mark my words...

1- The DXY rally has peaked.
2- Whatever capital that flew out of emerging markets will go back.
3- Commodities are in deflation. Central banks hate deflation....

and For the ultra wise....I say

*QE4 (or whatever they end up naming it) is upon us*

;)

Mark my words...

1- The DXY rally has peaked.
2- Whatever capital that flew out of emerging markets will go back.
3- Commodities are in deflation. Central banks hate deflation....

and For the ultra wise....I say

*QE4 (or whatever they end up naming it) is upon us*

;)

Good morning! I keep hearing about this RTO...oh well... guess time will tell.

To all of you that are concerned. Patience.

Don't get affected by price fluctuations; that's just the nature of any market.... Value matters a lot more than price.

Nothing in life is worth stressing over.


Good luck :D

Rule #5

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

You're welcome @ Spiderman119.

@ Apanama,
Maybe you and many others like to play this casino game... I don't. I like to calculate......everything.

P/E Ratio: 3.96
Price to Tangible Book: 0.84
Book value/share: 1.93 MYR

What? you people don't like money?

The company's equity at quarter end 12/14 was 392.4 million.
The company's equity at quarter end 03/15 was 789.4 million.

At quarter end 09/14 the Book Value/Share was: 0.395 (equity/shares outstanding)
One week after results were announced at quarter end 12/14 the price per share was: 0.23

At quarter end 03/15 the Book Value/Share was: 0.8
Today, the price per share is: 0.24

When a company doubles it's equity and the price still goes down...I like to go shopping...

remember what I said.

"The stock market is filled with individuals who know the price of everything, but the value of nothing."

Tp: 0.785

TP: 2.44

"As for the property investment division and the car park operation, we expect a better performance in the next financial year due to the commencement of the rental income and car park collections from the Imago Mall @ KK Times Square in the 4th quarter of FY 2015. However, the contribution from these divisions to the Group’s performance will not be material for the year ending 31 March 2015."

- From the company's annual report.

^^^ Source?

No announcements on that point yet, Smartcat.

Good morning all :D

P/E Ratio: TTM 0.64
Price to Tangible Book: MRQ 0.31

(Notice the word tangible)


Discounts....discounts everywhere....

"Only when the tide goes out do you discover who's been swimming naked."

~ Warren Buffett

Imago is still standing and it looks as beautiful as a suitcase full of cash! Anyone here good in math? if so... tell me what is 181,000,000 divided by 992,489,610...minus 2 sen of course... ;)

"The stock market is filled with individuals who know the price of everything, but the value of nothing."

People buy, people sell.... shareholders change...we wait and see in August... ;)

Good fundamentals + very strategic landbank + upcoming dividend. What more would anyone want? Good luck.

380+ million Ringgit unrealised retained profits. 24%+ return on equity. I like to make money. Do you?

when you get a chance, book a flight to kk and go see the place.... chances are, you'll see what I am going for.

Keep an eye out for this one... sound basics, big discounts going on here.

Good valuation with sound fundamentals, bought some today.