big announcement in spore over the weekend.. could be about Bintan Island resort mega billion development..Genting has a stake in Landmark..acq the land at cheap prices..NTA RM3.69
This is mere bragging by Landmarks once again. Their balance sheet shows they need much more funds to develop Treasure Bay at Bintan Island. Their present directors are not top level people from Genting. As a not-in-favor step child, they don't interest Genting unless there is clear possibility of a casino license. Competitor Gallant Ventures listed on SGX controlled by a powerful Indonesian business family is at least pressing ahead to raise more funds to further develop neighboring Lagoi Bay.
Landmark Cash rich, about 100million on hands. No debts. High NTA. But the only thing is maybe need to wait for very long period to get the license.... Another issue is they are going to spend 20 years for improving the Bintan Island. Need ,more and more patient on this counter. But once the license announce.... i think the share price will shoot like rocket high. For investors who have more patient can consider this counter. Now is consider very cheap. I bought RM1.70 before and also 82sen before.
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....
dragonking
3,496 posts
Posted by dragonking > 2014-04-17 11:35 | Report Abuse
mercu tanda coming!! pip peeep