Just realized that the JV development for mukim plentong, johor bahru is a commercial not residential development. Should not be affected by property cooling measures and good for the JV since plentong district is one of the most populous in Malaysia.
ernieliew, you are no a "tokong". you won't able to forecast the highest and lowest price of a counter. if you missed 1.47 at this time, you may sell it at 1.60, 1.7 or even 1.8 near future. next time if you manage to sell at 1.6 and the price keep climb up to 2.00, you may regret and blame yourself why sell it too early. be patient friend.
yes klinnsman39. don't try to regret if you sold out too early or didn't buy in at lower price. as well as market still exists, opportunities always there. i got many experiences. i bought cresendo at 1.2 and sold at 2.2 but then it climb up to 3.80 (now at 3.17). i bought favco at 1.35 and sold at 2.69 but it climb up to 3.66 (now at 3.00). be patient is important.
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30/09/2013 30/09/2012 30/09/2013 30/09/2012 $$'000 $$'000 $$'000 $$'000 1 Revenue 250,981 206,673 581,712 484,028 2 Profit/(loss) before tax 30,389 38,585 69,984 71,769 3 Profit/(loss) for the period 21,807 28,522 48,771 50,381 4 Profit/(loss) attributable to ordinary equity holders of the parent 13,006 17,992 32,768 30,734 5 Basic earnings/(loss) per share (Subunit) 4.18 6.06 10.73 10.36 6 Proposed/Declared dividend per share (Subunit) 4.00 0.00 8.00 10.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 1.2558 1.1931
It's a good deal for the Company too. By issuing warrants, the Company could raise funds for their property development projects in the future as they develop. At the same time, the Company could also be expecting share price to be above strike price of RM2.00 in the future so that shareholders would exercise the warrants.
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....
yongyos
428 posts
Posted by yongyos > 2013-11-07 17:03 | Report Abuse
the co has placed RM50m cash deposit to start O&G explorartion business in indonesia .... still in due diligence stage, if go thru .... fly