Posted by JJPTR > 1 month ago | Report Abuse

This article is well researched.
Unfortunately, it is only released now.
Base, on the various initiatives and land deals mentioned, the planning /share accumulation has been going on since Tanco was 16c (about 2 years ago)
Now @1.30 is to let EVERYONE knows.16c is sendiri makan. 1.30 is share out, good things must share with retailers, right?

Posted by JJPTR > 1 month ago | Report Abuse

@1.37, mkt value of its shares is $2.97b .
If you offer this PE 241 company to Jack Ma, he will think 10 times
past 20 qtrs, more losses than gain. And story/narrative/propaganda is nice, but the next few years of execution, burning cash to build the infrastructure, will be lucky to get green qtrly result. So army of retailers, it is all yours fo $2.9b

Posted by JJPTR > 1 month ago | Report Abuse

Dear retailers, SURIA is a port operator in Sabah. With the port running for many qtrs. avg size port, maybe quite similar in size to the proposed PD ports. QTRLY income is about 17m . And if Jackma bring his billions, he will only need to pay 675m rgt, for a port that is already running and earning money vs 2.97b for a "paper" port that is on the drafting table. No need to burn huge amount of money to build the infras.