Posted by member41 > 2013-11-22 16:13 | Report Abuse

gob gob... 775... when will it hit 88 again

Posted by 5speed > 2013-11-22 16:36 | Report Abuse

Coming soon....

Posted by member41 > 2013-11-22 16:53 | Report Abuse

Pls close 78

Posted by sephiroth > 2013-11-22 16:55 | Report Abuse

mon any time pass 80, trader/investor also need a break

Posted by sephiroth > 2013-11-22 17:00 | Report Abuse

when kenanga rpt out on monday, then fry up again just like last time

Posted by member41 > 2013-11-22 17:01 | Report Abuse

I miss those frying.. can 20-25m vol easily and hit 90

Posted by AhHuat118 > 2013-11-22 17:17 | Report Abuse

Just loaded some, hope will fly soon.
Attend a seminar, GOB has many land bank at new Penang second bridge.
Once second bridge start, that land to build will good.
But need to wait, time will tell.

Posted by 4u2c > 2013-11-23 15:33 | Report Abuse

buy 77 sell 85 for 10 pct profit

Posted by jennylee1382 > 2013-11-24 22:16 | Report Abuse

Sepphiroth you buy GOB with what price and what is the TP

Posted by jennylee1382 > 2013-11-24 22:18 | Report Abuse

Sephiroth can add me on FB

Posted by sephiroth > 2013-11-24 22:37 | Report Abuse

jenny round 1 & 2, bought 0.695/0.74 and sell 0.885/0.90. round 3 bought this week at 0.755

Posted by sephiroth > 2013-11-25 09:29 | Report Abuse

green a bit now, afternoon gonna green all the way

Posted by member41 > 2013-11-25 13:36 | Report Abuse

no power despite bursa up 10

Posted by member41 > 2013-11-27 16:49 | Report Abuse

wa can't even hit 80 despite good result.

Posted by invester > 2013-11-28 22:54 | Report Abuse

I always heard people says, GOB might be the second Hua Yang. GOB has a lot of similarity as Hua Yang. You may refer to Hua Yang history 1.5 years back till now (from the P/E, how it split the shares, etc). I bought Hua Yang last time and got some profit. I believe GOB will be the second Hua Yang in coming days.

Posted by Saturn > 2013-11-30 08:25 | Report Abuse

Read this old info but graphic to give u an idea......see the Batu Kawan side in map and pictorial and also the airport distance at Batu Maung drop off.
Then see theGob area in Batu Kawan getting the best of mainland, island, airport, expressway, intermediate frm first bridge, bypass highways .....then understand the value of gob land has been hedge big time....also note north as south value use to be 750psf then move to 850 now 1100 and some parts of penang at staggering 1700 psf. Now tropicana Paloma should be at 850psf.......should move next to 1000psf.....I see gold......

http://www.jambatankedua.com.my/webv1/images/stories/projectinfo/pdfinfo/pdf-overview2.pdf

Posted by Saturn > 2013-11-30 08:27 | Report Abuse

I see gold in Batu Kawan that is...

Posted by invester > 2013-11-30 14:56 | Report Abuse

I am from Penang. I invested in GOB with the same thought as Saturn. The other side of 2nd Penang bridge in Island is Batu Maung. Mah Sing own the big lands there. Then GOB own a big land at Batu Kawan area. There are going to be college (e.g: 2nd KDU) and oversea university open in that area. There is also a stadium in Batu Kawan. Penang gov is looking very seriously on Batu Kawan land and wanted to transfer it to a important land mark in mainland. A very good example of a successful Batu Kawan / Bukit Tambun developer is Tambun Indah. Their profit is good and share price is increasing. I am just a small investor. I have been monitored GOB for nearly half year. Finally i decided to invest in this share as I believe it is going to grow.

Posted by sephiroth > 2013-11-30 15:04 | Report Abuse

this counter is totally oversold, rebound is imminent and only a matter of time

Posted by tsurukame > 2013-11-30 16:27 | Report Abuse

sephiroth,
Would KSL be a better fundamental investment option ..KSL latest PE is only 3.3 whereas GOB latest PE is about 8 ??

When market accords KSL a higher PE of say 6 to 7 (which is a reasonable PE multiple for KSL)for top and bottom line growth ..KSL price will reach RM 4.00..now it closed at RM 2.05..

Posted by Saturn > 2013-11-30 16:37 | Report Abuse

I like someone who understands situation and sector.......I am not from Penang but I know unlocking of value. PWC has sold 85% and it sits between first bridge and second bridge. Up in the north part of Penang is. Tanjung Tokong STP 1 and STP 2 which will have value unlocking thru all the bypass first followed by the underground tunnel to Butterworth........

Next value will be theme park......I like the idea of keep penang island heritage while surrounding can develop especially Butterworth......this can happen if you can see what saturation happening.

By unlocking Butterworth, it can help also to spread the value and the bubble in penang island more to moderation......how can. Penang STP be valued at 1700psf.........

Posted by sephiroth > 2013-11-30 17:59 | Report Abuse

tsurukame, ksl brief analysis by kcchongnz(http://klse.i3investor.com/blogs/stock_pick_challenge_2013_2h/36493.jsp)

apart from superb penang project as stated by saturn, GOB's da:men mall is 96% sold(might be fully sold by now) to PAVREIT and will continue to recognise profit and revenue til FY15 thus providing certainty in revenue til then

Posted by tsurukame > 2013-11-30 18:43 | Report Abuse

sephiroth,
When kcchonnz did the graham net net....cash was RM 44.78million..now cash in latest report is RM 112.7 million...moreover the future drivers for quality earnings will be from high end properties development which means higher gross margins and higher profits in the future ...KSL had focussed on medium end properties in the past...

Debt is good if used to acquire assets to drive future top and bottom line growth....

My take is KSL is a BUY now...PE is only 3.3...Which other stocks in BURSA has PE of 3.3???

Posted by tsurukame > 2013-11-30 21:25 | Report Abuse

sephiroth,
When kcchonnz did the graham net net....cash was RM 44.78million..now cash in latest report is RM 112.7 million...moreover the future drivers for quality earnings will be from high end properties development which means higher gross margins and higher profits in the future ...KSL had focussed on medium end properties in the past...

Debt is good if used to acquire assets to drive future top and bottom line growth....

My take is KSL is a VALUE BUY now...PE is only 3.3...Which other stocks in BURSA has PE of 3.3??? GOB PE is now about 8.....Batu Kawan is a "golden future promise" but it will TAKE TIME for GOB FUTURE PE to come down to 3.3...whereas KSL PE is already now 3.3.KSL owns hotels and KSL city mall...What is the market value of these properties?? I think its easily RM 600 million to be conservative. If one factor in the market value of these income generating properties plus the cash at bank KSL is deeply undevalued...Lets do a quick financial analysis

Total issued capital of KSL= 390.55 million shares
Market price of KSL = 2.05
Market capitalization of KSL= 800.62 million
Market value of KSL City + hotels= RM 600 million( conservative estimate)
Cash at bank= RM 112.7 million
Cash at bank plus market value of KSL Mall + hotels= RM 712.7 million
The other value of landed properties have not been factored in as yet.

my take is you are getting KSL at tremendous discount..It is a value buy now

kcchongnz,
Do you agree with this simple yet basic financial valuation? What is your latest take on graham net net on KSL based on latest Qtrly report??

Posted by tsurukame > 2013-11-30 21:29 | Report Abuse

Kcchongnz,
When u did the graham net net....cash was RM 44.78million..now cash in latest report is RM 112.7 million...moreover the future drivers for quality earnings will be from high end properties development which means higher gross margins and higher profits in the future ...KSL had focussed on medium end properties in the past... Debt is good if used to acquire assets to drive future top and bottom line growth....

My take is KSL is a VALUE BUY now...PE is only 3.3...Which other stocks in BURSA has PE of 3.3??? GOB PE is now about 8.....Batu Kawan is a "golden future promise" but it will TAKE TIME for GOB FUTURE PE to come down to 3.3...whereas KSL PE is already now 3.3.KSL owns hotels and KSL city mall...What is the market value of these properties?? I think its easily RM 600 million to be conservative. If one factor in the market value of these income generating properties plus the cash at bank KSL is deeply undevalued...Lets do a quick financial analysis

Total issued capital of KSL= 390.55 million shares
Market price of KSL = 2.05
Market capitalization of KSL= 800.62 million
Market value of KSL City + hotels= RM 600 million( conservative estimate)
Cash at bank= RM 112.7 million
Cash at bank plus market value of KSL Mall + hotels= RM 712.7 million
The other value of landed properties have not been factored in as yet.

My take is you are getting KSL at tremendous discount..It is a value buy now

Do you agree with this simple yet basic financial valuation? What is your latest take on graham net net on KSL based on latest Qtrly report??

Posted by invester > 2013-11-30 21:30 | Report Abuse

Tsurukame,
Just some of my personal view. Bursa do have share with PE below 3. The good example is CSL.However, if you look at CSL share performance, I don't think you will want to invest in it even the PE is less than 3.... To me, PE which is less than 15 still can be consider to invest. However, it depends on type of share as well. For telecommunication share, PE will never less than 15 but they are still good share or potential to grow.

Posted by sephiroth > 2013-11-30 21:30 | Report Abuse

tsurukame, indeed, true enough, cash flow have increase substantially due to 2 consecutive strong quarters Q2 and Q3. the cash level need to be net of overdraft(RM22m) which is 90m which is quite ok. the question is can these 2 strong quarters be repeated, nevetherless, KSL is a good buy. i will grab some next week. this is TA+FA counter. here's TA analysis by matrixcool

Posted by matrixcool > Nov 25, 2013 08:34 PM
KSL—Stage 3 of the cycle on the weekly chart, price can be very volatile. It is swinging between $1.90 to $2.20. Very strong resistance at $2.40 and strong support at $1.88. Today it started its technical rebound after finding low at $1.98/$1.97, it met its immediate resistance at 2.09 but failed to cross it. A break above will take it to the next resistance at $2.14 and strong resistance at $2.20 ( Also the down trend line) .

Posted by tsurukame > 2013-11-30 21:34 | Report Abuse

My hunch is KSL is a POTENTIAL privatization candidate...If I am the owner I shall take KSL private...

Posted by iafx > 2013-11-30 21:40 | Report Abuse

tsuru, bingo! same view here... div also saved, stop paying since 2011 :)

Posted by sephiroth > 2013-11-30 21:44 | Report Abuse

Management continues to limit payout to shareholders, we believe in an effort to preserve funds for: (1) working capital needs for its flagship RM2bn development in Klang; and (2) potential land acquisitions, as its relatively clean balance sheet (only 0.12x net gearing) offers it close to RM680m of gearing headroom before net gearing hits 0.5x. Therefore, we maintain our forecasts of zero dividends going forward.

Posted by sephiroth > 2013-11-30 21:45 | Report Abuse

hope u guys don't mind, tumpang gob thread to talk abt KSL a bit

Posted by tsurukame > 2013-11-30 21:47 | Report Abuse

iafx...glad to know we have the same view...the future driver for higher earnings is KSL is moving into High End property development...it did medium end properties in the past...this means higher gross margins resulting in higher profits, higher quality of earnings...my take is cash flow will improve, cash will increase as profits further surge...

If I am owner I shall take it private soonest possible before FUTURE surge in earnings drive up further the market value of its share price.....

Posted by kclow1 > 2013-11-30 22:11 | Report Abuse

trukame, KSL net net
correct me , if i'm wrong

Graham net-net BS value Wt Liq value
Cash and cash equivalent 112739 100% 112739
Property development costs 234452 100% 234452
Land held for development 588706 100% 588706
Investment Properties 445459 100% 445459
Inventories 81227 50% 40613.5
Trade Account Receivables 184173 75% 138129.75
Property, plant and equipment 157707 0% 0
Other assets 20954 0% 0
Deferred tax 6425 0% 0
Total assets 1831842 1560099.25
Total liabilities 541320 100% 541320
Total equity 1290522 1018779.25
Number of shares 386406 386406
Net tangible asset per share 3.34 2.64

Posted by kclow1 > 2013-11-30 22:12 | Report Abuse

KSL net net 2.64

Posted by Saturn > 2013-11-30 23:47 | Report Abuse

I mind.......

Posted by Saturn > 2013-12-06 21:49 | Report Abuse

All eyes on federal Goverment on PSB opening.........ready since Nov.....what's the delay ....apparently there is savings of 50 million......err is that the reason for the delay?????

Posted by invester > 2013-12-06 22:03 | Report Abuse

Just some update from Penang. The road closed 6 months ago due to the collapsed of joining bridge has been open 3 days ago. Now, we can see all the roads heading up to 2nd bridge from island side are all completed!

Posted by Saturn > 2013-12-06 22:04 | Report Abuse

Completed and can drive the underpass......50 million to decorate.....hmmmm never change.......

Posted by invester > 2013-12-09 20:17 | Report Abuse

GOB purchased land again in Selangor. Adding more freehold land into their land bank

Posted by Saturn > 2013-12-10 13:49 | Report Abuse

They are coming...

Posted by johnny cash > 2013-12-10 14:02 | Report Abuse

WISH the best for GOB

Posted by Saturn > 2013-12-10 14:05 | Report Abuse

Again another coming or cumming......see I always like to buy when fear is strong....
Do you know the difference?

Posted by Saturn > 2013-12-11 09:06 | Report Abuse

Aiyo.....as I said earlier.......oh nooo....1200psf.......bubble?.......cangkul......pls read


http://www.btimes.com.my/Current_News/BTIMES/articles/MEREHDA/Article/

Posted by invester > 2013-12-11 20:19 | Report Abuse

I think it is possible for the Gurney area to become 1,200 psf. Now the lowest market price for Gurney area already 980 psf. Lets say 8% increase in property next year, it will become 1,058 psf. 8% is easily hit anytime since everything is increase next year (electric=15%, petrol previously already increase 10%, gst coming soon in 2015 etc)

Posted by Saturn > 2013-12-11 22:01 | Report Abuse

Don't think "......it is already.....question is when all the jibes are over, what will happen......

Posted by 4u2c > 2013-12-14 12:54 | Report Abuse

i hope so....im holding for too long and still seing red ......

Posted by Zenwan > 2013-12-15 22:43 | Report Abuse

Got gear......

Posted by invester > 2013-12-15 23:03 | Report Abuse

Don't worry about this share. The PE value is only around 5. Still have room to increase. Furthermore, it keeps on increase their land-bank. It is just matter of time for it to increase.

Posted by 4u2c > 2013-12-25 12:35 | Report Abuse

must hv buyers if not just paper wealth....V dont hv paper wealth...im still seing red

Posted by valueinvestor > 2013-12-27 11:58 | Report Abuse

The cumulative net profit for the first 2 quarters of the current FY is way below the cumulative net profit of the last 2 quarters in the last FY ended March 2013 despite higher turnover reported. Hence, the upside for its share price will be limited in the near future, It has been quite a disappointing counter all this while. It would be more worth while to look at other more promising counters which can deliver improving quarterly results consistently.