Trefoil, should cut lose when it breach 1.05. The 1.00 support now turn resistance... trading should be limited from 1.00 to 1.10, if rebound. More downside towards 0.80 seen... good luck!
Pls don't spoil my weekend , man , looking at Francs smile , I think my Bulldog looks more jolly ............ As I said over n over again, my snail move much faster than this counter n 4sure million times more pretty than Francis , lah
Ini Francis Yeoh memang buaya besar. Sentul West mmg banyak tanah untuk pembangunan tapi otai ni hanya senyap saja. Tunggu harga tanah pecut sampai RM 1,000 psf ke... Perghhhhhhh
Potential catalysts: a) Cabinet approval for MRT2 line expected in July (Sentul has been identified as a potential interchange for MRT 2 & MRT3 line); b) Launch of Fennel condos in Sentul East (ASP: RM600-700psf; built-up: 850-1300sf; 900 units), Shorefront Residences condos in Penang (ASP: RM1000-1200psf), and U-Thant condos next to Micasa Hotel (ASP: RM1200psf). Fennel should see strong interest given its strategic location & good connectivity (7km from KLCC; existing KTM & LRT stations), affordable price (RM500-900k/unit; suburban launches are already asking for RM700-800psf), freehold status, and well thought out masterplan. Shorefront should also do well given its prime location next to E&O Hotel and change in layout to more popular smaller units. As for Midfields (YTL Land is the project manager with 10% share of revenue), there are still 5 blocks of condos to be launched in 3 phases (secondary market transacting at RM450psf).
Maintain Buy and TP of RM1.60 based on 30% discount to RNAV of RM2.27. We like YTLL given: a) it is the biggest beneficiary of MRT interchanges; b) Flagship Sentul is among the last remaining large contiguous undeveloped parcels near KL city centre; and c) Strong track record.
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....
tamasi
119 posts
Posted by tamasi > 2012-07-31 11:48 | Report Abuse
great