I thk OSKH wants PJDev to remain listed. They have about 90% already, why take it private and go to hassle to relist its property arm few years later. OLH had mentioned in February that they had been trying to do private placement for PJDev but the market was bad to make that happened.

Four months plus to go. OSK has to reveal what it wants to do with PJDev quite soon.

Angielim9955, YTLLand has a lot of valuable landbanks. However, The pace of development is slow as compared to other developers due to reasons only known to them. Therefore their profits are low. They made only 0.81 sen per share in 2014 and 1.65 sen in 2015. These profits are not distributed to YTLLand shareholders. The profits are used to pay the interest for YTLLand-LA which was 3% in both 2014 and 2015. The interest payment will be 4.5% in 2016.

Thks! ykykykyk. Long term will be very good for KSL. Short term, the ksl bosses may want to keep the price low so that they can collect the warrants at low price. The warrant holders will be forced to sell if they do not intend to do conversions. The warrants will expire in August.

ykykykyk, are you talking about Bestari Indah? Is there a direct internal road access from Bestari Indah to future Ikea area?

No doubt the aviation oil price has come down. However, the competition from other carriers especially Malindo will be getting stronger with time. Malindo is flying to Perth and will start flying to China, India and Japan (direct competition to Air Asia). Other local and foreign full service carriers are also reducing their air ticket prices if you follow their recent advertisements in the mass media. Being an low cost carrier, Air Asia has to be cheaper than them. Therefore, what I can say is that the benefits that it may derive from low aviation oil price is not as great.

Actually the number of air passengers in Asia and the whole world is reducing and expected to stay subdued for short to medium term due to the current regional and world economy conditions. The carriers in competition are fighting to grab the diminishing pool of passengers. Therefore, even if Air Asia may become profitable again, its earning per share will not be high.

Furthermore, the growth rate of Air Asia has tapered off in these few years. Just check which potential market that Air Asia has not explored. In addition to that, its expansions to other countries are not as successful as its home turf, Malaysia. Only AA Malaysia and AA Thai are profitable. AA India, AA Indonesia and AA Philippines are losing money. Their growth in their respective markets are slow as compared to Cebu Pacific and Lion Air. It is also doubtful that they may be profitable there.

I can say that its share price may go up or down being sentiment driven in short term. Medium term to long term, it will be an uphill battle for Air Asia.

No doubt the aviation oil price has come down. However, the competition from other carriers especially Malindo will be getting stronger with time. Malindo is flying to Perth and will start flying to China, India and Japan (direct competition to Air Asia). Other local and foreign full service carriers are also reducing their air ticket prices if you follow their recent advertisements in the mass media. Being an low cost carrier, Air Asia has to be cheaper than them. Therefore, what I can say is that the benefits that it may derive from low aviation oil price is not as great.

Actually the number of air passengers in Asia and the whole world is reducing and expected to stay subdued for short to medium term due to the current regional and world economy conditions. The carriers in competition are fighting to grab the diminishing pool of passengers. Therefore, even if Air Asia may become profitable again, its earning per share will not be high.

Furthermore, the growth rate of Air Asia has tapered off in these few years. Just check which potential market that Air Asia has not explored. In addition to that, its expansions to other countries are not as successful as its home turf, Malaysia. Only AA Malaysia and AA Thai are profitable. AA India, AA Indonesia and AA Philippines are losing money. Their growth in their respective markets are slow as compared to Cebu Pacific and Lion Air. It is also doubtful that they may be profitable there.

I can say that its share price may go up or down being sentiment driven in short term. Medium term to long term, it will be an uphill battle for Air Asia.

Suddenly become active. Trump Vancouver is going to be completed in a few months time. Another asset in TAGB investment portfolio. Serviced apartments in the project are almost sold out. Should be able to book good profit.

UOA and IJM are developing highrise residential and commercial projects in Pantai Dalam areas. However, YTL Land is proposing to build landed properties in that area. It is really a waste of resources. If the land is used for high rise development, the GDV will be more than 4 times the present GDV.

Water leakage comes from pipes or seepage to the floor below? Bad for reputation. But sub contractors will be responsible to rectify under defects liabilities period.

Anyone knows where is Guocoland's Jasin Continental Estate located? Any development in Jasin soon?

The whole project is badly delayed. Firstly, the state government delayed the project for more than one and a half years with the additional requirements and approvals that was found unnecessary and not beneficial to any parties. After the approval was granted, E&O took more than necessary to award the project to the Chinese main contractor. Until today, the actual reclamation work has not started yet. The dredging work which is the first step of the reclamation work is only awarded today to Kerjaya Prospek. All in, the project might have been delayed for about 2 years. They said first island can be completed in 18 months. So if the project was awarded 2 years ago, we should be seeing the first island physically there by now.

hng33, what is will your view? What will OSK n OLH do? The seasoned banker's move is hard to predict. However, one thing for sure is the move will be most beneficial to him.

jlh14, E&O worths more than RM2.00. I trust what u say.

I think OSK will not be taken private. The focus is on PJ Development. What is OLH and OSK going to do with PJ Dev. To take PJDev private or to sell off some of their holdings to keep PJDev listed?

MKH is reported and confirmed to develop some affordable housing in the former Pekeliling Flat area. I wonder that apart from that affordable housing, the whole development will also come with some high value condominium or serviced apartment? How big is MKH's portion of land in that area?

As OSK has less than 6 months to solve the public shareholding spread issue, it is about time for OSK to do something.

As OSK has less than 6 months to solve the public shareholding spread issue, it is about time for OSK to do something.

When is DC mall going to be opened? I think the sales of 2nd block of serviced apartments is delayed bcos of the soft market.

Tabung Haji went into this business that they do not have any expertise in. They can't make money even during good time, let alone during bad time like this. I think they will eventually sell off this company.

Thanks! PlsGiveBonus.

If oil price stays below USD50 for another year, this counter will have big problem.

PlsGiveBonus, the 500% printed money had pushed up all the asset prices and commodities before the current crash. Strangely, it did not create inflation in the real economy. It is in conflict with the laws of economy, increase supply of money will create inflation.

I think the Armada Claire FPSO termination will not be the last one. If a few more coming, what will happen? Debts is very high, how to service the loans?

I thk OSK is going to announce their decision soon. OLH says they intend to do some private placement.

The difference is Hap Seng is run by professional Manager. His salary and bonus are tied to his performance. He also needs to get better and better performance so that his value and popularity will increase. Whereas YTLland is run by multimillionaire. An additional million to them is like a hundred to us. Money is not as attractive to them.

How high it can go? The rally can last for how long?

OLH is referring to the property buyers and OSKH's clients. Not referring to the shareholders like you n me.

It was said that the process will start in March as per the prospectus. Until now, no news. KTT n the gang are still trying to collect from those who can't wait at RM2.85. Everyday, a few hundred lots of buy order are waiting at RM2.85.

Wah! Really coming.

GT3RS, so u want to buy GT3 or RS?

860000, U r right. However, I somehow think that OSKH may lump all its development lands in one company (PJD). May be OSKH may do that in one go, inject the lands into PJD for PJD shares, then only distribute some shares to existing shareholders to meet the public shareholdings spread requirement. Anyway, It is just a wild guess.

Hanting999, you have a very good point there. Just distribute some shares to the OSKH's existing shareholders n the problem is solved.

The dateline for PJD to achieve public shareholding spread requirement is on 6/3/16. As the major shareholder, it is up to the decision of OSKH. Will OSKH inject its development lands into PJD or it will make another general offer to privatize PJD?

If OSKH is going to privatise PJD, it has to offer at least RM2.00 to get more than 90% of the non interested party shareholdings to agree.

Is it possible that OSKH will inject its development lands into PJD? OSKH becomes a holding company and PJD becomes its property subsidiary? However, if this happens, I can't think of a way how OSKH is going to solve the public shareholding spread requirement?

PJD is given until 6/3/16 to comply with public shareholding spread requirement. What steps could PJD take to achieve that? Anyone has some ideas?

KTT n related parties will be the final winners of the SCR. All the valuable properties like Gurney Paragon Mall and the projects like Alila 2, Bayan Baru land, Juru land and Bandar Putra Bertam will be solely owned by them after the SCR. All the groundwork like the residents' protests and illegal quarter problems have been cleared. The low cost flats for the Bayan Baru illegal quarters are also almost completed. It is very sad that the minority shareholders are forced to sell their holdings about 30% of the actual values of Hunza.

NOOb, it is probable that there will be a big spike in oil. NOOb, what is your reasonings?

It is actually a good time for the major shareholder to launch a general offer during this bearish market. They can be successful if they offer RM2.00 per share. During good time, they have to at least offer RM3.50 per share.

When is the dateline for the SCR execution? Is it 6 months from the approval date in EGM?

Stocker, you are sure that the HSR station is near to Bandar Putera Indah? How far is it from the development?

Lembaga Tabung Haji is selling its holdings in the market. Funny! Why doesn't it wait for another 1 to 2 months for the takeover to be executed. The price difference is about 2.7% if it waits for the takeover to be executed.

If everyone in Iskandar area is not selling well, how can Elysia Medini do well? Is Elysia Medini really selling well?

So the Tropicana staff are also not making money. It looks like all investors including EPF, all of us, unit trust funds and the Tropicana staff are at least in paper loss at the moment. Somehow, Danny will push up the price sometimes, a time that he finds suitable, and it is supported by fundamentals. I will still hold on to my investment.

Anyone knows how much is the ESOS price?

They are trapping those contra players. This counter is not easy to trade and normal investment strategies do not work. They don't want normal investors to make money from this counter.

This is a positive development. For the next 12 months, the company will have positive cash flow of close of more than RM1bil from the sales of a office tower to Hong Long Bank and sales of 2 blocks of serviced apartment from Damansara City Project. The sales of the 2 pieces of land in KLCC area and Sepang will bring in positive cash flow of RM563mil. This add up to RM1.563bil. Higher than its total borrowings of RM1.209bil. The balance sheet will become very strong.

Guocoland sold 2 parcels of land in one month. What is the reason that they are selling the land? To turn into cash for the coming opportunity when the property market turns bad?

Anyone hv any news on Hunza?