dont ever treat share as an earning money place, you will get trapped. There is no accurate prediction, shares will float to market accordingly. Market now is unstable, KLCI floating between 1598 - 1670. IF KLCI break 1600, it will be abit dangerous. The politic side also affected the market, just keep your own porfolio and set your own limit to +/- 10% margin. If drop 8-10% cut loss, if raise 5-10% sell!
jtpc2006 agreed on the property price as I'm a penangite but when comes to share price and GE,its already another things....human nature. Anyway lets wait & see hopefully it won't affect this counter much,cheers..
how to control the housing price? from the past history the housing prices just keep increasing.
GE surely will have minor effects, but as long as this counter is worth to hold, it would eventually back to the reasonable price. In my opinion, if the SP fall due to GE, it can be the opportunity to buy in more. Risks vs rewards depends how you looks at it. Cheers and gong xi fatt choy.
this share is good on long term investment. it is because TAMBUN owned the land at the area near 2nd Penang Bridge. 2nd Bridge is estimated to be completed by end of this year. Good to HOLD or BUY below 0.75. Reminder, dont hope to earn/win money from share, just treat as investment, else your $$ will get burned. :)
Tambun Indah Land - The Market Leader In Mainland Penang
Author: kltrader | Publish date: Wed, 6 Mar 23:01
We raise our fair value to RM1.08. We remain convinced that the upside potential for real estate values in the Penang mainland is substantial. Having >500 acres of landbank close to the Penang Second Bridge (PSB), Tambun Indah (TI) is expected to enjoy higher pricing for its products. This will translate to margin and RNAV expansion. In our view, management’s GDV guidance is conservative.
Premium Outlet coming to Batu Kawan. The Penang state government has recently announced its plans to set up a Premium Outlet next to the PSB interchange. Mirroring the spillover of the Johor Premium Outlet to Kulai/Senai areas, coupled with the completion of the PSB in Sep, we believe the development and value potential on the mainland will be substantial over the medium term. Located just 15 min away from the PSB, TI’s Pearl City township is set to be the prime beneficiary.
Expect RM450m sales in 2013. Pearl City continues to see strong sales. Sales generated from the Pearl City made up 47% of TI’s total sales in 2012. Going forward, TI will launch about RM550m GDV worth of projects, out of which, nearly RM440m comes from projects at Pearl City.
New plans for the business park. Although the MOU with the Straits International School has lapsed, this is not a concern, as there are already a few education players showing interests in setting up learning institutions in Pearl City. The plan for a retail mall with >500k sqf of GFA is on track. These developments will enhance the attractiveness of the township.
Forecasts. RM330m unbilled sales (up from RM263m) will underpin the near-term earnings growth. We fine-tune our FY13-14 forecasts by 4-6%.
Investment case. TI does not only have the angle of landbank catalysts and earnings growth, it also has an attractive dividend yield of >7%. After updating our RNAV, we now value TI at RM1.08, at lower 35% discount to RNAV, as the completion of the PSB will provide greater earnings visibility.
So many projects and high dividend yield Ongoing projects which contributed to the profit and revenue achieved include Pearl Villas, Pearl Square 1, Pearl Square 2, Pearl Indah 1, Pearl Indah 2 and Pearl Indah 3 in Pearl City, Simpang Ampat; Straits Garden in Penang Island; Dahlia Park , Carissa Villas, Capri Park , Carissa Park and Tanjung Heights in Butterworth; Impian Residence and BM Residence at Bukit Mertajam andNew Juru Industrial Park in Juru.
election coming maybe will have some panic seller, but personally I think the downside risk is limited due to high dividend yield for this stock. Perhaps it can be another chance to accumulate more shares in case the SP drop.
waiting for drop just buy in more and more. This counter very good to catch up. I hope it could be 0.70 to buy as much as possible during election. wakakaka
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : ESOS Details of Corporate Proposal : Exercise of ESOS No. of shares issued under this corporate proposal: 9,000 Issue price per share ($$) : MYR 0.500 Par Value ($$) : MYR 0.500 Latest issued and paid up share capital after the above corporate proposal in the following Units : 311,456,000 Currency : MYR 155,728,000.000 Listing Date : 20/03/2013 Such is a good news? Will it influence the share price?
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....
Ghaleon Teoh
54 posts
Posted by Ghaleon Teoh > 2013-01-29 16:25 | Report Abuse
i'ts fundamental is strong, can keep for long term. i guess the coming quarter result can lift the price again.