The Mews will be launch this year...Location Jalan Yap Kwan Seng.....coupled with the unbilled as of Jan 2013 is 760million.....couple with the Mitsui Fudosan JV, it clear path forward for more injection for mileage.
Thanks Pat sifu and Passerby. Sure will drop in sometimes. But my sincere thank you for all your guidance. Cannot say much after Lou sifu will scold me. Lol. Passerby you know who he is.....wide receiver and he know a day before bursa announce....sure he scold me afterward....but all are good people here...hehe
The decision from the legal suit on SC must answer the basic to ensure no manipulation by any conglomerate or any companies in M&A exercise base purely on technical. This should be prevalent of the outcome and lessons learned from Sime for this case and also Sime on the takeover of Sime Bank earlier and should not have allowed this to happen again.
Hahaha I say down he say up......Wah Tommylou must have bought at 1.5x.....or are you buying again?give me some chance lah....at least tell me can go up
Arrr...1.69 high today......I am late for a week....Sold all!....alamak.... Anyway Lou sifu, thanks for the 1.70 head up I guess it was not meant to be....hope my share serve u well....lol
From now till GE will be interesting for EnO......first of all, there is 760 M still not collected as of Jan 2013 and next mth will be reports card again and secondly whoever wins, STP 2 will move forward aggressively. Remember Sime owns EnO and Sime is GLC while approval for STP2 go ahead is the state govt for reclamation. Either way, it's all about who gets the upper hand but business has got to go ahead. Sime has got to capitalise on the EnOs margin ESP what they have seen in STP1 and DAP will ensure this deal goes thru too because it adds to the coffers and foreign investment..."
Foreign investors akin PR taking over country would raise the property price as what happen to Penang. They believe PR would take over and benefitt from the price uplift. Have a thought!
Just like some companies doing M&A Into other sectors, Simes buy in into E&O will be attracting global buyers as in the case of STP1 which started the whole ball rolling.
Now with the sold out of Villas by the sea, it will showcase Malaysia property in an upscale market to foreign buyers. More projects set for UK, London, and with partnership with Fudosan Japan, the boom is expected as properties in other parts of the world is set to rise and rise it will, bringing Malaysia as the choice of property market to continue with its up trend.
With global uptrend, the price of salable properties will uptrend 40% above for foreign buyers and still be in tandem with the global market and continue to rise...
About CIMB-Mapletree Management Sdn Bhd Incorporated in 2004, CIMB-Mapletree Management Sdn Bhd (“CMM”) is a joint venture between CIMB Real Estate Sdn Bhd (“CIMB RE”)(a wholly owned subsidiary of CIMB Berhad) and Mapletree Capital Management Pte Ltd (“Mapletree”)(a wholly owned subsidiary of Mapletree Investments Pte Ltd)(CIMB RE and Mapletree are collectively be referred to as “the Sponsors”). With the combination of expertise of CIMB Group and Mapletree in structured corporate finance and real estate, CMM has built an effective integrated platform for real estate fund management and real estate advisory services. The extensive network of our Sponsors also facilitates timely access to investment opportunities and ensures consistent deal flow.
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....
hawk
273 posts
Posted by hawk > 2013-03-21 14:34 | Report Abuse
Thanks Lou sifu but unfortunately I have left next week only .....