EWInt is now at 43.5 sen. Paramount bought for 33 sen. Paper gain already more than 30%.

As it is approaching announcement of Q1 result, Paramount is gaining traction to speed up the legendary ascending process. What do you have to say now? Act fast and not to be left out!

Glomac looks promising. Should gradually moving up. TP 70 sen by year end.

When is drill turns into offensive? All depends on how Lai carry himself. There might be no more 'Taiwanese Election' in 4 years time.

Earning per share 10.34 sen, NTA rm 7.29, last year dividend paid 18 sen per share. This year will be better as APM is reporting a better result.

Taiwan is gearing itself to self-destruction. Courting war on China will make reunification speed up the process.

I thought Bloomberg can produce a better video on 'How battle of two old men can bring US to Holland'.

I can wait for it to become State Champion before selling. Cheers!

https://www.thestar.com.my/business/business-news/2024/05/20/s-p-setia-poised-for-record-breaking-earnings

Suddenly all IBs gave buy call on SP Setia. I am more interested on industrial development at Setia Alaman (399 acres), next to Klang Sentral in the Klang Valley. Industrial land is now selling at rm 140 - 160 psf (or rm 6.5 million per acre). Also striking my mind is industrial development of 307 acres in Tanjung Kupang, beside 2nd Link Johor Baru. It should be sell at around rm 150 psf or rm 6.5 million per acre.

My Kampong Champion is now elevated to District Champion before promoted to State Champion very soon.

Post removed.Why?

I will consider to sell after it crosses 1 ringgit. So big volume coming with moderate price hike. Still can wait for a while after receiving 3.5 sen dividend.

Paramount Q1 result will be out within next few days. Still not too late to join the party.

SP Setia waiting for payment amounts to rm 620 million from 2 land disposals within Q2 reporting period.
We expect price will continue to move upwards.

1. On 19 June 2023, the Company’s indirect wholly-owned subsidiary, Petaling Garden Sdn Bhd
entered into three (3) inter-conditional sale and purchase agreements (“SPAs”) with the following
three (3) wholly-owned subsidiaries of Mah Sing Group Berhad to dispose of approximately 500
acres of freehold land situated in Mukim Beranang, Daerah Ulu Langat, Selangor for a sale
consideration of RM392,040,000.00:

The conditions precedent of the SPAs were met on 21st March 2024, but the legal completion of the
SPAs is pending full settlement of the sale consideration. The estimated timeframe for the legal
completion is by the 2nd quarter of 2024.

2. On 23 November 2023, the Company announced that Bandar Setia Alam Sdn Bhd (“BSA”), its direct
wholly-owned subsidiary, entered into a conditional sale and purchase agreement (“SPA”) with KSL
Bestari Sdn Bhd (“KSL Bestari”) to dispose of approximately 17.99 acres of freehold land in Mukim
of Bukit Raja, District of Petaling, Selangor for a cash consideration of RM228,800,000.00.

The conditions precedent of the SPAs were met on 18th April 2024, but the legal completion of the
SPA is pending full settlement of the sale consideration.

Post removed.Why?

Post removed.Why?

I will sell Poh Kong at 2 ringgit.

Paramount is about to fly, so is SAB.....

Because it holds substantial Paramount shares?

Post removed.Why?

https://goldprice.org/gold-price-malaysia.html

Comparing April gold price with March gold price, you should be convinced why Poh Kong Q3 result ending 30 April would yield profit between 15 sen to 20 sen a share.

Post removed.Why?

TOD by Paramount selling like hot cake.
https://www.youtube.com/watch?v=EvcS07zvBvg

Atwater residential towers all sold, result will reflect in Q1 by end of the month. More important is to see Atwater Commercial Towers almost ready and money is rolling in now. Anyone staying in PJ should be able to confirm that. Just passed by Atwater development on Sunday, all look so beautiful with glassy finishing touch.
https://www.youtube.com/watch?v=4OXi-z8tMTc

Today will have a long green. Aiming for rm 4.00 by end of the day.

KimLun is showing steady upward trend with volume associated to its activity. Believe the upward momentum will continue for some time.

https://klse1.i3investor.com/servlets/stk/chart/5171.jsp

Aiming at 4 ringgit tomorrow. 6 ringgit is achievable premised on intrinsic value of 9 ringgit.

Hopefully remaining 75 acres can sell at rm 150 psf to more DC operators within next few months.

Crescendo is looking for buyer for its 75 acres of industrial land at NCIP. Looking at the latest transaction @ rm 138 psf at SILC, NCIP land should sell at rm 150 psf, or rm 6.5 million per acre. (something like DongQuan to Shenzhen). So this 75 acres worth rm 488 million!

Building cost not much different from JB. Material and labour cost about the same. Find out how much houses selling in Kulai. Why so cheap? I don't have rocket science knowledge but I know why.

Land in Kulai is not that expensive compared with JB, Pulai, or Plentong. Fetch half the price only.

Residential property in Kulai controlled by 2 developers. i.e. IOIP and Genting.

Believe APM is going to release another set of sterling result in next few days. Traditionally more car sold prior to Chinese New Year, and this year is special, it covers Hari Raya as well.

EWInt up by 2 sen with big volume, so it is a positive sign for Paramount to move in tandem.

Very likely Paramount will fly later today. All ground work done and the catalyst is the 21.5% new purchase of EWInt.

Paramount exposure to EWI investment in effect amounts to only 70 million, after taking into consideration 100 million it will receive via capital reduction amounted to 500 million.

To hold a strategic stake with mere 70 million is worth the risk. More so after receiving the special payout, Paramount has 517 million EWI shares to play the market. Only Liew Kee Sin cannot afford to lose control of the company, so leave it to Paramount to operate as it so wish. Again maximum risk is limited to 70 million.

Believe Paramount share price will react positively on Monday.

What do you have to talk about Paramount share price? Slowly but surely on the way up. Q1 result out by end of the month.

https://klse1.i3investor.com/servlets/stk/chart/1724.jsp

Gold price in Malaysia again 360 per gram now.

https://goldprice.org/gold-price-malaysia.html

https://klse1.i3investor.com/quoteservlet.jsp?sa=ss&q=CRESNDO

CRESCENDO CORPORATION BERHAD ("CCB")
DISPOSAL OF LANDS BY PANORAMIC INDUSTRIAL DEVELOPMENT SDN BHD ("PID"), A WHOLLY-OWNED SUBSIDIARY OF CCB TO YU AO SDN. BHD. completed today total payment rm 112.77 million. Will reflect in Q2 result.

Paramount next QR end of the month. Should report not less than 6 sen a share.
Since there was no Final Dividend declared, Interim Dividend to compensate for that, 6 sen dividend is likely to declare in August.

You want to wait for next QR report by end of the month, or you want to buy now? Your decision will make you make more profit or less merely depend on timeliness action.

According to what is written in latest Annual Report, only Interim and Second Interim dividends to declare from this year onwards. So 1st interim dividend will be declared in August and going to compensate for no final dividend for FY 23.

Too bad. Paramount is not declaring final dividend. Change of policy.

The most is 2 more trading days before Paramount declare its final dividend, expecting it to be 3.5 sen to 4.5 sen.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

TSH at 1.13, I prefer to switch to Paramount. Not to get me wrong, share price is low or high is relative and timing is essential. I have TSH share at below 1 ringgit, I also have Paramount around that price and much lower. I have 10 times more Paramount shares than TSH.

You may want to study the probability of Paramount to outrun TSH by 50% in next few months.

Post removed.Why?

Singapore govt never encourage people to gamble, but LSL chose to issue to 2 licenses for hyperscale gambling den. What it need to do is to charge $100 per entry for its citizen and PR. Singapore govt is reaping fruits from the very first day when it called for tender to the end of the world. From FDI, to tourist arrival, to employment, to revenue for govt and casino operators, to maintenance and regular upgrading of gaming facilities, all are contributing to prosperity of the city state. There was no political consideration but economy must be the first priority.

For Malaysia, politicking is is bread and butter for the survival of the govt of the day. Who want to sacrifice for economy at the expense of his political future?

Data Centre here, Data Centre there. Data Centres are booming in Malaysia.
Gadang got 280 million contract to build a Data Centre in Cyberjaya from TM.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3441825

It should come naturally as KTM terminates at JB Sentral. Two types of train services required, one is ragular intercity train service, another is commuter train services (kind of MRT with maximum standing capacity).

Kempas Baru train station is the nearest. Setia Tropika (under SP Setia) is the primary beneficiary as it is just next to the new train station. Still have some land to put up TOD properties.

Crescendo will receive another rm 111 million within next 3 trading days. Just based on 3 land sales, Crescendo Q1 FY25 will make at least rm 335 million after tax. Or rm 1.15 per share for Q1 FY 25.

The most is 3 more trading days before Paramount will fly to the moon!

I have a question here.
Is YTLP at 4.08 overpriced?
I asked the same question 3 months ago when it was at 4.06

To look for good investment opportunity, look for Paramount.

The most is 4 more trading days (including today) before Paramount declare its final dividend for FY 23, expecting it to be 3.5 sen to 4.5 sen. You may just look through Paramount dividend payment history to confirm that.

Q1 FY 25 ending 31 Mac to be announced by end of May, forecast to be not less than 6 sen per share. Annualised profit for FY 2025 to be around 25 sen per share.

To make 50% profit from this counter within 6 months is sup sup water.

Don't miss the forest for an old tree. Just look at the probability of making 50% profit from Plenitude vs 50% profit from a grossly overpriced stock (from 4 ringgit to 6 ringgit). Weigh the risk of losing big when you only see a table-size cookies drawn in the air.
25/04/2024 8:59 AM