http://klse.i3investor.com/blogs/kenangaresearch/79970.jsp

It reported a profit after tax of 23 million for six months ended 31 May 2015. Down 7 % compared to last year. Its sales on the local front is expected to drop further in the next quarter. If the oversea sales is maintained only, profit for the next quarter will drop further.

Should reach new target of 1.16 next month. A strong Company with good dividend payout.

The Company just announced the last quarter result. A very impressive result with earning per share of 5.79 sen per nominal 10 sen per share. I think it is difficult to find an ace market listed Company with this kind of result. Price for tomorrow should bullish.

Provided the oil price can maintain around average price of USD50.00, the Company will not be in the red. Guesstimate only.

I thought Sumatec is going to make a loss in this quarter considering the sharp drop in oil price in this quarter. Logically, the cost of extraction of oil is lower than the selling price which mean the project is still viable. I agree with Micky92, commendable performance.

Better result with ex seal CEO appointed as new CEO for Penta. Good propect for future year.

GSB has a very good future. 10 sen is a very attractive price to go in for medium & long term. The development at Bukit Tinggi should also sell well. Don't miss this opportunity to buy at such a cheap price.

Nearly 80% of Aquaint Danga residensi blocks are sold out. Read the Starbiz today "Brisk sales for Iskandar Condo".This mean that JB property is not cooling fast. It depends on the location. GSB's G Residence is doing well. Why worry.

It would be interesting to hear what the management said about the launching of new projects in tomorrow AGM. Would the price continue to go up after the AGM?

Thanks. With your information & my checking on Sima group with my friends in KL, I have full in KL on their previous housing projects. I am confident in GSB- Good Solid Business. Will buy in further on GSB.

You said in August, 2014 that the threshold restriction for Singaporean & other foreigner is only RM500,000 not 1 million for G Residence. Is this True? If it is True, G Residence will Sell like hot cakes.

I think kk3 has no knowledge of investment theory & never do any homework on this Company. When we invest, we are talking about the future potential & revenue of the Company & also the management team & Its experience in property development. With so many projects coming, I am confident this Company will become a Company with good profit record in the near future. So please do your homework before You comment.

When u said extra units were taken up. So far, what % were sold for tower A, tower B & business unit?

Which projects are u referring to. Be more specific please.

Today, the volume of transaction is better. Price should hold steady for the coming week. Time to accumulate the stock and wait for the price to go up. Let's see after AGM, there is any new development in its property project.

Agreed. Good for medium & Long term

Is imago mall KK Mall?

With so many projects coming into the Company, good investment for us in medium & long term.

For long term, 30 sen when G residence profit realized.

Buy buy buy & keep it until u reach your target to take profit

If you check with the present market, a lot of shares with 10 to 40 sen nominal value & without good fundamentals also already moved up 35 to 40 over sen.

Given long or medium term, 30 sen no problem.

I think It's on the uptrend. You may now wait for the right time to collect your returns if You have invested last week.

I notice that there is a revaluation of Property which was announced recently. I do not know the Result for the year ended 31.03.2014 included such revaluation surplus. The result for the 1st quarter which is due for announcement at the end of this month will include this revaluation surplus, if not included the result for the year ended 31.03.2014. With this surplus, the result will be a positive one & an increase in NTA.

I think if u buy GSB, it is the housing development projects undertaken by the present management not the old CD business & bec of that the 1st quarter result which going to be announced won't be good.

I think GSB is a potential small cap Co.

What about the commercial unit for G Residence? Is it opened for booking already? How is the Sales response? Is it good?