Billionchew - no one can tell if go RM3.6 or RM4 or even to RM2......go on speculatang. My analysis tells me this is already overpriced. IV is RM2.2 the most RM2.5
Ladies and gentlemen, i just want to ask u all a very stupid question, 1Q17 profit only 4.2 million but dividend declare 2.5 cents equal to 50.675 million, so may i know money came from where? In this coming AGM, u all must ask the chairman.
correct correct Amit, in future make sure lousy & bad management team do not collect money again ( rights issue ) from shareholders/us, lousy management team always like that!
got money they "play play", no money right issue right issue....( the easy & good way to collect money from shareholders, no need to pay interest one )
of course....they want the dividends if its a common share at this low price. and if its a buy back then try to bring up the NTA by reducing the number of shares.
In Johor - majority of the overhang comprises of condos/apartments priced RM500,000 to RM1mil.
Calvin comments:
The above figures are correct!
Majority of overhang in Iskandar consists of High Rise Condos priced over Rm500,000 to Rm1 Millions in Iskandar
So Calvin tells all fellow i3 Forum members to avoid & refrain from buying Condos priced above Rm700,000 in Iskandar.
Go for Landed Houses priced below Rm500,000 which now consttitutes the best investments.
Where to look
1) Bandar Meridin East by Mah Sing still got new 2 storey houses priced around Rm410,000. Over in Ecoworld next door all 2 storey houses below Rm500K have been all sold.
2) In Taman Nusa Damai (just after Bandar Sri Alam) BPruri jv with Mp Corp have launched 2 Storey Houses 20x60 for Rm488K. This one comes with G&G with Chub House and Swimming Pool. More than 50% already sold. This project is called Puri Residences. Opposite is the APTEX Commercial Lands. Bookings can be placed at JB Sentral, in JBCBD.
3) In Taman Mutiara Rini (Boustead) 2 storey houses priced at Rm550,000 each were all sold. This is a hot area.
4) Scientex Pulai has 18x65 2 storey houses selling very well around Rm410,000. Similar built up like those of Mah Sing in Bandar Meridin East. Scientex management is proactive in buying more lands for affordable housing in Iskandar.
Note:
I don't have shares in Boustead, Scientex or Mah Sing. I still hold shares of MP Corp which owns the 480 acre lands on Taman Nusa Damai.
BPuri Jv with MP Corp to build 300 2 storey houses in Puri Residences of which 150 units have been sold.
Management of Bina Puri dare to build & sell even before MP Corp has fully resolved its many Court cases. Calvin is watching.
Hi guys ivan9511 start big big sapu this counter . Why no need to scare high dividend and also give bonus Just all in This counter alwsys very strong and maybe got technical rebound wor
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....
billionchew
262 posts
Posted by billionchew > 2017-01-06 22:20 | Report Abuse
drop 20sen in this 4 trading day--from 2.67 to 2.47