AMCORP PROPERTIES BERHAD

KLSE (MYR): AMPROP (1007)

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5 people like this.

4,189 comment(s). Last comment by peter Too 2021-11-09 09:27

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-06 16:01 | Report Abuse

move to green la!

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-10 09:24 | Report Abuse

iafx, can hit 0.9 soon or not? :D

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-10 14:24 | Report Abuse

more vol n close green la please

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-10 16:42 | Report Abuse

when u wanna transform from normal snail to "TURBO"? http://en.wikipedia.org/wiki/Turbo_(film)

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 09:41 | Report Abuse

sentiment like that, can close green today again, maybe break new high soon hehe

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 10:12 | Report Abuse

good opening first to stablize 0.83 first..

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 16:41 | Report Abuse

close green la u

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 16:57 | Report Abuse

good closing

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 18:01 | Report Abuse

seem like i;m the only investor here is it? syiok sendiri hehe

Metta

516 posts

Posted by Metta > 2013-09-11 18:04 | Report Abuse

Nope Steve, M holding tis stk. too

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-11 18:12 | Report Abuse

oh that's good, i tot i am fighting alone here..

Metta

516 posts

Posted by Metta > 2013-09-11 18:28 | Report Abuse

Steve U r not alone k.. This ctr is really testing our patience ! It's exactly trending very similar like AZRB.

iafx

4,632 posts

Posted by iafx > 2013-09-11 21:19 | Report Abuse

long term holding, no need to keep "stare" on it, within week only it already back to 83c. hopefully more green power project to kick in...

london property price in tandem to EU recovery ;)

Posted by mfcheong1960 > 2013-09-11 21:31 | Report Abuse

Agreed......

Metta

516 posts

Posted by Metta > 2013-09-11 21:43 | Report Abuse

Yup iafx like the way u put it no need to keep 'stare' on it... agreed

iafx

4,632 posts

Posted by iafx > 2013-09-11 22:03 | Report Abuse

as v all knew, amprop has strong recession proved recurring income compare to many other property counters. so long the mgmt does it job properly, the book should continue to trend upward. good luck to all of us! ;)

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-12 09:26 | Report Abuse

thanks for the update iafx

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-19 11:22 | Report Abuse

price adjusted after dividend?

limchimleong

1,732 posts

Posted by limchimleong > 2013-09-23 16:19 | Report Abuse

I joint here to be amcorp member today.

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-23 16:37 | Report Abuse

how much u got it?

limchimleong

1,732 posts

Posted by limchimleong > 2013-09-23 18:59 | Report Abuse

i bought RM.0.805,i prepare to keep for long term.this stock has p.e.below 6.

limchimleong

1,732 posts

Posted by limchimleong > 2013-09-24 20:11 | Report Abuse

Investment guru from Malaysia mr.fong siling says, buy good shares,keep at least three years,
amcorp is the right choice!

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-25 14:01 | Report Abuse

ya this one low pe

lching

1,402 posts

Posted by lching > 2013-09-25 14:10 | Report Abuse

low PE alone cannot justify a buy.

Steve Jub

4,203 posts

Posted by Steve Jub > 2013-09-25 18:13 | Report Abuse

maybe below 0.8 good price

limchimleong

1,732 posts

Posted by limchimleong > 2013-09-25 18:54 | Report Abuse

Steve,thanks for your advice!

limchimleong

1,732 posts

Posted by limchimleong > 2013-10-01 22:05 | Report Abuse

I have confidence with this counter, mr.fong siling(cold eye) also recommend this counter.but is for long term investment.

iafx

4,632 posts

Posted by iafx > 2013-10-22 11:53 | Report Abuse

a short discussion at mahsing thread juz now reminded of something, not sure y amprop didn't announce it; about the 23/1/2013 announced JV, the said developer had on 12/8/2013 received approval from local council to go ahead: http://native-land.com/news/westminster_city_council_approves_native_lands_plans_for_30_old_burlington

looking at the selling price, these r super high end luxury unit

bone

968 posts

Posted by bone > 2013-10-22 14:36 | Report Abuse

when this counter wakes up, it will really fly..

limchimleong

1,732 posts

Posted by limchimleong > 2013-10-23 15:52 | Report Abuse

mr.bone, I am waiting the day to come confidently.

bone

968 posts

Posted by bone > 2013-10-31 13:28 | Report Abuse

Amprop forever struggling at the same price range... a lot of smart investor happily collected at 77 cents to 79 cents

iafx

4,632 posts

Posted by iafx > 2013-10-31 16:52 | Report Abuse

84c now :D something brewing?

limchimleong

1,732 posts

Posted by limchimleong > 2013-10-31 18:21 | Report Abuse

Volume increasing,hopping that it is moving soon!

bone

968 posts

Posted by bone > 2013-10-31 18:37 | Report Abuse

wow just today i posted that comment, and it decided to wake up

bone

968 posts

Posted by bone > 2013-11-01 16:52 | Report Abuse

this share is coming soon.. watch closely

limchimleong

1,732 posts

Posted by limchimleong > 2013-11-01 19:07 | Report Abuse

Increasing in volume shows that it is going to fly very soon,may be next week!

limchimleong

1,732 posts

Posted by limchimleong > 2013-11-01 19:17 | Report Abuse

Mr.bone,what is your price target if it moves,or keep for long term investment.

bone

968 posts

Posted by bone > 2013-11-02 00:53 | Report Abuse

@limchimleong, no specific PT, but I'm not selling at below 1 ringgit

limchimleong

1,732 posts

Posted by limchimleong > 2013-11-02 17:18 | Report Abuse

mr.bone,thank you!

Posted by chewysoon82 > 2013-11-04 20:43 | Report Abuse

AmCorp Properties bhd announced the company has received an offer from Gamuda Bhd to buy over AmCorp’s 20% equity interest in Kesas Holdings Bhd for RM250 million.

Gamuda now holds 30% equity interest in Kesas Holdings Bhd.

“The Board will deliberate on the terms of the offer and decide on the next course of action,” said AmCorp in its announcement.

Simulaneously, Gamuda is also extending offers to Selangor’s Perbadanan Kemajuan Negri Selangor to buy its 30% stake in Kesas and to Permodalan Nasional Bhd (PNB) to take over its 20% stake.

aunloke

974 posts

Posted by aunloke > 2013-11-05 09:47 | Report Abuse

I'm sure the sale will contribute well in its 2013 earning.

iafx

4,632 posts

Posted by iafx > 2013-11-06 09:16 | Report Abuse

250m, that's **43c per share**! easily $1.20 worth, EXCLUDING GDV of sibujaya and London properties, power generator business!

aunloke

974 posts

Posted by aunloke > 2013-11-06 09:18 | Report Abuse

Moreover,London property sector is blooming, Amprop should do well there.

iafx

4,632 posts

Posted by iafx > 2013-11-06 09:46 | Report Abuse

flash: http://www.theedgemalaysia.com/business-news/261533-gamuda-launches-takeover-of-kesas-holdings.html

250m cash... should ask for more!! this infra is golden geese!

iafx

4,632 posts

Posted by iafx > 2013-11-06 10:16 | Report Abuse

spsetia, e&o, ijm etc all rushing to London, amprop already in the market long time ago. the latest London JV project ALONE GDV already 2.83b! excluding the westminister project and current units in sales...

http://www.theedgemalaysia.com/business-news/261532-s-p-setia-to-invest-more-in-australia-and-london.html

http://www.thestar.com.my/Business/Business-News/2013/08/15/Amcorp-Properties-in-London-property-JV.aspx

this counter is trading way under it's net worth!

bone

968 posts

Posted by bone > 2013-11-06 10:52 | Report Abuse

Long term this counter will give you good return

iafx

4,632 posts

Posted by iafx > 2013-11-06 11:34 | Report Abuse

no long wait, offer first expire by 18/11/2013, amprop shall response by then :D

250m cash / 580,461,437 issued shares = 43 cents per share

hope amprop can nego a higher price!

limchimleong

1,732 posts

Posted by limchimleong > 2013-11-06 11:55 | Report Abuse

mr.bone, imagine how much the stock price will be if we keep for three years.

iafx

4,632 posts

Posted by iafx > 2013-11-06 12:58 | Report Abuse

the current offer price is roughly 5% lower than most institute internal valuation (most base on higher rate of increase traffic). the final price may be over 250m, let's see!

amprop cash position and debt level will be greatly adjusted, trading at current price... cheap! cheap! cheap!

taiong59

146 posts

Posted by taiong59 > 2013-11-06 13:09 | Report Abuse

iafx...miss boat ald.. planning to enter previous at 77 sen .......now will it be too high...? :p

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