Land prices in Kutai was only 28 sen per sq ft for years 2015 to 2018
By early 2022 it gone up 10x (times) or Rm2.80 psf
Now it is highly possible land prices can go up Rm1.00 psf before Official launch of Admin Hq Capital completion before End of 2024 when 17,000 Govt servants (first batch) will relocate to Ikn Nusantara
And if lands of Tsh just up another Rm1.00 psf it will be over Rm4.1 Billion price appreciation
It will be a net value gain by Rm3.00 per share
No one even thought Ltat will give Rm1.55 to take Bplant private when it was only 57 sen in year 2021
Not even one person expect Ubs Bank would buy up more than 5% of Bplant shares from the lofty price of Rm1.53 to Rm1.55
So no one knows in the future how high or who will be interested in Tsh resources
The best time to buy is when no body believe it like now when prices are so cheap and brimming with value
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Two persons made two different investments late 1980s and early 1990s
Mr. Pang of Cheras versus Mr Chia of Klang
Mr Pang bought 2 shophouses in Bukit Beruntung because he heard rumours either a Big Bus Depot or Airport will be built there. Both did not materilize and his investments failed
Mr. Chia bought 5 acres of land in Sepang and today Putrajaya, Cyberjaya and Sepang Airport caused his land prices to skyrocketed From 5 acres he added more till he has 50 acres land in Sepang today. And Mr Chia is now a datuk
Investing has got to do with future prospects and potential and it takes foresight to "see" into the future
We spoke to Malaysian Bankers about Listed Companies trying to secure Bank loans or banking facilities for expansion
They will definitely ask the borrowing parties to furnish proofs as to who, where and what are the projects awarded
It cannot be
"
"A great company"
"An expert in the industry"
Or other such garbage or the loans will be rejected
Same goes for getting a job for employment
You cannot say "i graduated from top world university"
That is vague. You must name the university and to what levels or degrees you attained
And they can verify all by contacting the actual university to check up whether your credentials are true or not
Again, if you got a daughter to whom a guy might want to marry. Will you be statisfied if he claims to be "so rich and so clever" without giving any concrete proofs? Of course not no matter how smart or rich he claims! If just so clever in words only
It amazes us people are so naive
It says," The simple (simpleton) believes everyone but a prudent person looks well to his goings
And a fool (simpleton) and his money are soon parted
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....
calvintaneng
56,542 posts
Posted by calvintaneng > 2023-12-18 21:43 | Report Abuse
Land prices in Kutai was only 28 sen per sq ft for years 2015 to 2018
By early 2022 it gone up 10x (times) or Rm2.80 psf
Now it is highly possible land prices can go up Rm1.00 psf before Official launch of Admin Hq Capital completion before End of 2024 when 17,000 Govt servants (first batch) will relocate to Ikn Nusantara
And if lands of Tsh just up another Rm1.00 psf it will be over Rm4.1 Billion price appreciation
It will be a net value gain by Rm3.00 per share
No one even thought Ltat will give Rm1.55 to take Bplant private when it was only 57 sen in year 2021
Not even one person expect Ubs Bank would buy up more than 5% of Bplant shares from the lofty price of Rm1.53 to Rm1.55
So no one knows in the future how high or who will be interested in Tsh resources
The best time to buy is when no body believe it like now when prices are so cheap and brimming with value