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7 comment(s). Last comment by nooobieee 2015-07-27 15:30
Posted by lepeng85 > 2014-02-11 10:18 | Report Abuse
where got such as high price of RM100/psf in kedah ?! I don't believe it
Posted by ckleow79 > 2014-02-11 11:49 | Report Abuse
fully agreed. RM 100 is a magical value ... RM 20 already consider very good la
Posted by garfield282004 > 2014-02-11 13:59 | Report Abuse
Even if Rm10/psf, total value of all land around 650mil with no long term bank loan and shortterm debt only 19mil. 650mil/750mil share = 0.85cents. Current price Rm0.38 abt 60% discount from land value. But bare in mind, value is value, if it can't release, it mean ntg. Net Cash ard 150mils = 0.2per share. There's no doubt this is a cash cow co#. Depends on Management is stingy or not now.
Posted by nooobieee > 2015-07-27 15:29 | Report Abuse
they just replanted most of the land. wait for 6 years. definitely double.
so one year around 17% gain. who wanna bet?
Posted by nooobieee > 2015-07-27 15:30 | Report Abuse
put bank only 4%. kns right?
this one almost guarantee one
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ping
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Posted by ping > 2014-02-11 10:07 | Report Abuse
I think RM100 psf is way too high in Kulim. It should be around RM10-15 psf.