The Real Estate and Housing Developers’ Association (Rehda) has appointed Datuk Seri Fateh Iskandar Mohamed Mansor (FD Iskandar) as its new president for the 2014-2016 term.
Fundamental of Glomac strong. Good dividend will coming soon, another 2.65 sen. Unbilled sale promise for next quarter revenue in healthy condition, plus got new add in land bank for future development. So shorten view & future view both are positive. TP RM 1.30.
No worry. Price will up soon, Tabung Haji also buy this counter because it low P/E & price under value. This coming days u can see they price keep trying moving upward. Just the big fish blok the price to collect more cheap stock. After that, u will see the price rocket up.
Glomac's rnav is more than rm2.5. But non of the analysts mentioned. It could be due to management havent finalized the projects. I would say this is the most undervalued property share which ia trading at 60% discount against rnav
Maintain BUY. Glomac’s valuations are currently undemanding, at only 0.65x P/NAV, which has already reflected the weak property market. We expect the demand for property to pick up in 2H. Maintain BUY, and a MYR1.38 FV, based on a 30% discount to RNAV... by RHb Research at last month
Wakakaka....now Glomac become hot?? Like i said before, once Glomac sudah hot, will ramai ahli bijak saham & sifu sdn bhd mau masuk kasi havoc & mau letak new TP .... We all sapu @ RM 1.05 before dividen date... Now sudah senyum woooo... Double joy... Sapu lagi sapu!! Wakaka
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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....
denver
113 posts
Posted by denver > 2014-06-24 13:42 | Report Abuse
what's happening in a month?