Budget/RPGT no impact on Hunza. It seems Hunza's target customers are real house owners, so no impact, anyway I think stock deeply undervalued with the Bayan Lepas development
Just went thro s/holder list as per 2013AR : key observations : no more "fund" investors, last placement probably went to 4 firendly guys : Central Forte S/B, Teoh, Chan and Eastspring S/B. Not sure how this stock can go higher without fund support. Looks like Khor family just main sendiri
You are right. Share prices look like controlled..
It is quite evident in the trading of wa. On 271/1, I placed sell order for 5000 wa at 1.21. Last minute 1000 wa was done at the closing price of 1.21. Price prior to this, wa price was standing at 1.17.
Maybe one day they will take the co private if they think the share price shd be higher. Is that possible ???
Big volume today, total volume 578.4k but Company bought back 525.7k, not many people have so many shares, one of the friendly placees sold shares back to Company and make RM0.40 + special dividend along the way ?? This coimpany is strange
The property market in Penang will slow down next year, as there will be reduced transactions and fewer new launches.
Real Estate Housing Developers’ Association (Penang) chairman Datuk Jerry Chan said that the real property gains tax (RPGT) and tighter loan conditions imposed by banks were the reasons for the property market slowdown.
Anyway, the Company is doing buyback to absorb the loose shares. Sad thing is no other investors have interest on this stock other than people in this forum and insiders
Ooi lay see is the unofficial second wife of dato Khor and apparently I've heard there is a power struggle between her children and the first wife children . The battle royale shall be interesting to watch
CORRECTION : Ooi lay See is the second wife with a bit of education and works for Khor teng Tong during the heyday in fishery business. His first wife is illiterate and a kampong girl from Kota. Of course OLS is a lot better looking than the 1st wife. The fight for control of HUNZPTY is between OLS and his first wife's children, as OLS children are still teenagers
Can anyone shed some light on timing of launch of Alila 2 ? Kenanga assumes mid-2016, Alliance previously assumed mid-2014 but now think there will be delay
Heard that KTT daughter has more influence in the company compared to the eldest son. OLS previously played an important role in the company apparently. It seems that they are going to do another round of placement. Fund managers have visited them recently
I took a look at their placement back in July '13, it seems they have issued up the limit of 10% of then paid-up. Looks like any likely placement as specualted by Impartiality will only involve old shares. May be RHB is trying to get the "nominee" placees off the hook
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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....
messi
1,915 posts
Posted by messi > 2013-10-24 12:06 | Report Abuse
Today ex already.