before result out say bout Pe 2.8, dv 10%, after result out,no mention bout Pe dy, n tell about dv 4.3% is ok, we invest Ta not for a 4.3% dv. obviously Dato Tony had con us. should admit the mistake and go on lesson learned, don't ever invest a company with the boss had issue with integrity.
calvin, need to ask you something on property. Last time you mentioned that the expensive condo are doom, but you mentioned the 2nd hand houses pricing where the double storey below 500k can buy or is it something like that and what about the single storey?
calvin, need to ask you something on property. Last time you mentioned that the expensive condo are doom, but you mentioned the 2nd hand houses pricing where the double storey below 500k can buy or is it something like that and what about the single storey? 01/03/2018 09:17
YES!
High End Condos are doomed in Iskandar due to rampant greed
One piece of land building Upward can cost as little as 20% to build (land cost most is ground floor)
So they get 70% to 80% gross profit. Minus admin cost they make at least 50% to 70% profit.
SO NOBODY WANTS TO BUILD LANDED HOUSES AS PROFIT ONLY 15% to 20% Only
SOME ONLY GET 8% PROFIT FOR BUILDING PRIMA HOUSES
BUT PEOPLE IN JOHOR MOSTLY WANT TO LIVE IN LANDED HOUSES WHERE THEY CAN WASH THEIR CARS IN THE FRONT PORCH & ALSO PLANT FLOWERS, VEGE OR FRUIT TREES
SO THERE IS NO DEMAND FOR HIGH END CONDOS EXCEPT FOR THE FEW EXPATS
80% TO 90% WILL BE EMPTY
AND 90% OF THE PEOPLE LOOK FOR SINGLE OR DOUBLE STOREY HOUSES BELOW RM500,000 FOR 2 REASONS
1) THEY COULD AFFORD TO PAY MONTHLY LOAN INSTALLMENTS
2) BANKS ARE ALSO HAPPY TO LEND TO THESE CLASSES OF PROPERTY BUYERS (NOT ENOUGH IN THE MARKET)
SO THERE IS A HUGE DISTORTION
HIGH END CONDOS ABOVE RM700K TO RM1 MILLIONS WHICH WILL CRASH FOR 2 OR 3 MORE YEARS
LOWER END HOUSES PRICED BELOW RM500K NOW IN HUGE DEMAND WITH LITTLE SUPPLY
SO GRAB AS MANY HOUSES BELOW RM500K YOU CAN AFFORD IN ISKANDAR
Special4U holding this stock about 3 years from average price of 0.68, nothing rewards me.. i persuaded myself hold it year by year, nothing change ---- i was holding gadang very long as well. but at least got some good dividend...
Cheshirecat, Very smart move. Dow dropped over 400 points last night is great time to bargain hunt value shares oversold in fear. At this undemanding price downside for Ta is very limited. Hope we can get some cheaper today.
Yes chan9301,
syndicates also sometime make mistake by letting go their holdings too cheaply. Only to see it fly away. Even George Soros who short US because he thought Trump winning Election will cause market crash. But Soros got it wrong. And he lost a cool Usd 1 Billions. Soros turned to Sorrow.
Hi uncle calvin! Auntie cheshire wish to talk to u. Many nites i drank kopi O beating zzzzzz to go thru all ur post i dnt wnt to miss a single post. I hv take note of others intelligent posting. I saw in ur post "without gold, wisdom wil help us to find tat piece of gold". U hv saw me frm day 1 at drb around 1.00 in the journey of success til 2.70, im someone cannot read financial report, maths figure ...wat is happening suddenly i found success in drb the 1st stock i come into i3 to get to knw u 1s time. I believe i found a niche i hv wisdom i wnt to strike to success in stock mkt. Calvin, u must b healthy n live long so i cud follow ur post always. I pray my good karma channel to u god wil bless u live long. LOVED.
cheshirecat Hi uncle calvin! Auntie cheshire wish to talk to u. Many nites i drank kopi O beating zzzzzz to go thru all ur post i dnt wnt to miss a single post. I hv take note of others intelligent posting. I saw in ur post "without gold, wisdom wil help us to find tat piece of gold". U hv saw me frm day 1 at drb around 1.00 in the journey of success til 2.70, im someone cannot read financial report, maths figure ...wat is happening suddenly i found success in drb the 1st stock i come into i3 to get to knw u 1s time. I believe i found a niche i hv wisdom i wnt to strike to success in stock mkt. Calvin, u must b healthy n live long so i cud follow ur post always. I pray my good karma channel to u god wil bless u live long. LOVED. 04/03/2018 13:09
Very good morning to you. Calvin is happy for you. And also happy to see you here in TA Enterprize Forum.
I hope you will do very well in your investment. Always buy Value Stock when price is low.
Hi calvin n fellows intelligent investors ! Auntie born 1970 i studied til secondary level form 5. Calvin write up posting abt jews intelligent human on earth n 'Wisdom" - is the ability to apply knowledge in life" ...i found my treasure gem in life.
Looking at micro don't forget macro. Big hurricane will uproot small tree and big tree as well. Cash is King. Always hold some just in case. Never ever go all in, Whether in the stock market or at a casino. What is in store tomorrow no one knows.Take care.
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....
imokay
83 posts
Posted by imokay > 2018-02-28 23:01 | Report Abuse
i meant net profit...