lot of news about glomac this week and past, and recommendation to buy, but too low target price, hence not a lot of interest, top pick they (newspaper/analysts)said top property stock this year. so when will it move up???? ridiculous stock.
why not? he's the bendahari of umno selangor. even lim kit siang has mentioned if this fateh iskandar (the boss) is a selangor jati, he would easily becomes the 1st choice. who is saying this? i repeat: lim kit siang
imagine if this hopes (or a dream) realized? the greater kl, comes fr selangor, which property companies will benefit most? the pe is now only 5.8 at rm0.855 . if u triple it, at pe of 16.3 so the price should be rm2.565. this company is an umno related company. Yet it produce excellent results amid selangor being controlled by pakatan. if bn win (and iskandar becomes selangor mb) rm2.56 should be at least rm2.56 x 5 =rm 12.80, so rm8 is a discount (37.5%)
this is the only malay property company that produce excellent result. Mah sing and sp setia are not malay companies, they are glc, that made them seemed a bumi controlled. But this glomac doesn't depend on cable or politic or connections. if it starts to depend on them, its net profit will increase, mutiplying your investment in folds.
may be reporter should start ask najib, who will be bn candidate for selangor mb post. why are these reporter/ mass media so slow and not aggressive enough to enquire? bn selangor lack charismatic leader. so this iskandar is the best choice, he's 200% better than his peer khalid of pkr.
let us goreng this glomac until it reached rm 9. what do say punters, investors, sharks, syndicates? i need support here. hoping good respond for this good solid rumour to be spread into the net. start the goreng on monday 3 feb 2013.
so now TH has 51,542,800 shares or 7.08% . let buy this counter ramai, berjama'ah, because it's funds and analysts top pick, excellent management, political-related selangor counter that can reward investors/ punters in folds, low pe, good dividend, very low gearing, best bumi property counter. Fantastic for long term investment , and hopefully with all your support also for shot term.
TH failnes in silver is because Silver putar belit akaun...now even proof is there why the director and the accountant not arrested???.... Glomac is among counter TOP PICK by Maybank and perhaps there something up there? Are they noe some politically change in Selangor? I dont noe..
khalil992418 hello, TH need to buy silver because to make sure the bread produced are clean. do u remember , TH started becoming major shareholder of silver , a month after a government agency spot check at their factory...showing their factory was very dirty...u can read this in newspaper. Unbelievably TH buy silver...social responsibility for Malaysian and also for Muslim
but if u want to relate TH with ramunia (now THheavy- th heavy burden), they thought MHEB/MISC want to buy it. do u remember when ramunia going to more than rm1.80 . Then suddenly MHEB retreated...itu memang silap besar...sekarang itu ramunia is called THHeavy because TH feels very very heavy ma, buy ramunia around rm1.20-rm1.60, now heavy burnt. 2nd degree punya burnt
so they bought ramunia not because of it fundamental, because a few times there seemed company after company stating their intention to buy ramunia...semua pukul curi ma. Tapi ini glomac is very distinguished.
Yeah, in order to give high dividend to depositor TH have diversified their investment portfolio. By the way i still curios GLOMAC stock would fly in near time. They didn't have so much landbank compared SP Setia, most land that they have in Selangor (Puncak Alam, Cyberjaya, Puchong and etc.) and their product are not so hot. By looking from the market pattern and people buying power, they really interested with affordable product (below rm400k). Well maybe others have a good reason to invest GLOMAC, because of the speculation which related to political interest. I rather look on the fundamental....
TH is not the only fund buying into GLOMAC, check fr annual report 2012 : Public Smallcap Fund 24,158,200 units = 3.53% , Union Hub 9,383,700 =1.37%...i think union hub is controlled 100% by Prime Global Capital Group Inc, Royal Bank of Canada (Asia) Limited 7,395,800= 1.08% , TNTC for Fidelity Emerging Asia Fund (FID INV TST) 6,305,100= 0.92%, MAAKL Al-Faid 5,500,600 =0.80%, Great Eastern Life Assurance (Malaysia) Berhad 5,362,000= 0.78%, MAAKL Al-Fauzan 5,329,600 = 0.78%, Great Eastern Life Assurance (Malaysia) Berhad -under 2nd nominee 5,000,000 =0.73% , Dimensional Emerging Markets Value Fund 4,390,500= 0.64% , Exempt An for Credit Industriel ET Commercial 3,420,100 =0.50%, Great Eastern Life Assurance (Malaysia) Berhad -under 3rd different nominee 3,226,600 =0.47%, Great Eastern Life Assurance (Malaysia) Berhad - under 4th nominee 3,184,000= 0.47%, MAAKL Value Fund 2,956,000= 0.43%, MAAKL Dividend Fund 2,944,200 = 0.43%, Pacific Pearl Fund 2,792,300= 0.41%. these are all before glomac-wa expired .
khalil992418 i'm curious khalil ...your name is like that mb khalid of pkr??? ops YB, may be... because i mentioned his name before, then he/u came??? o my god mb selangor is i3investoring with me..ha ha
@anbz The reason MHEB not buy ramunia because of operation cost, at what reason they want to brought another company (same business) with different location they also have a capacity and plant capability to do the job. MHEB know PETRONAS would support their subsidiary at any cost(financial & contract) and ramunia also have internal issues during Korean take over that company. TH make a big step to relocate RAMUNIA plant at Pulau Indah and at the same time change the company name to TH Heavy (rebranding)....FYI in OnG business if the company have high debt ratio, it would suffer to secure more contract. TH sell land at ramunia and buy land at Pulau Indah with cheap value and low premium (land conversion).
YB Khalil/Khalid ...SP Setia is already big... their price earning also big , about 3 times of Glomac, ya may be because of its reputation , it is valued at pe more than 15.0, but too big company with too big no of shares implies very small earning per share. yes big company with big pe is acceptable...but we're talking about property company... it's not as easy as other biz. if big bad thing happen to their project in London...terrorists can go there again ma? boom ...sp setia will also boom... that's a big risk for malaysian company to go there, however well done.
and house priced at rm400,000 is no problem because most government servant like teacher can afford price range like that only...but there are many of them , ' golongan pertengahan', what do u expect everyone want to buy 1 million priced house huh? helo khalil yb , i promote , u kacau daun sj. if u want murah, no way, if u not interested , go to sp setia section saja lah.
Yeah...we'll see who will win coming GE13. I don't think BN can take back Selangor.....if BN can't GLOMAC also have a problem to get permission from Selangor municipal. PKNS will win all the time.....and who's will get benefit joint developer (Sunway and SP SETIA).
no khalil, even with pkr in control now, glomac still excellent... what i proposed is if bn wins, if not , no prob, still a lot of potential , and low probability that u will make a loss when u buy glomac
ok closed unchanged at 0.855 today. don't worry all investors, last year their dividend was 5.5 cents , equals to 6.4% at today 0.855 price. expect glomac to give at least same dividend for this year, even at rm1.10 it still equals 5%. This is what funds love, stabile and high potential.
and khalil, about houses glomac are selling fyi, they just launched lake residence 3rd phase at puchonng, 139 unit, full take,rm728,000 an unit, kira ya rm728,000 x 139= rm 101,192,000
and about the locations of their project, u're wrong khalil , all are very strategic , very near to MRT or LRT stations, some even 100m , some 200m fr. the stations. they actually get the latest information, classified, where to buy lands, well umno-related well guess. no prob, because these all depend on federal project, not state. unless bn loses.
and the 400k price tag is only one range, fr studies these are what the property companies should focus. 2-3 years ago the theme was condominium/high rise, a year ago shop lots, this year landed properties. This all are fr studies of demands, it changes, dynamic.
0.89 , 0.90 will come soon , if it can maintain above 90 cents, say 0.905 ...it will create a new support of 94 cents, and once it shoot up to more than rm 1, high flying baby, hopefully
common let's buy glomac,let us be the 1st retailers to goreng this excellent counter before the sharks do, and when the sharks enter late, we will be predators, they will be preys. common keep support.
ok, anbz , in the spirit of the Chinese New Year, truce it shall & will be.Let bygones be bygones & all the best to you in all your trades. Hope too that you make really good money for this coming Chinese New Year too...all the best.
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....
cbuffett
5 posts
Posted by cbuffett > 2013-01-21 11:56 | Report Abuse
Hi , last Saturday glomac lunching lakeside puchong phase 3 all sold out? Today market down 29. ....., this counter still can buy?