CHHBwhen closing rally on August 20, to close at 1.60 ringgit closing, daily rose 5 cents, or 3.23 percent. Trading trends in the Group's 30 green bell line chart trend continued in the short-ki rising trend line (B1: B2). The stock 30 minutes moving average line smoothing differences and similarities indicators (MACD) on August 20, the trading trend has been in a sustained climb trend. Investors will be trading between expected trends over a sustained rebound. Heading towards 1.61 to 1.72
my anticipation of 2Q14 result: 1. chhb may announce the dividend policy which ceased since 1997 2. the last and only one property stock which yet to be "goreng-ed" by market. This is due to Tan Sri Lee Kim Yew's non-positive reputation. 3. increase of revenue and EPS.
this stock is testing your endurance. Good for long term, NOT for short term. More than 20,000 lots were collected on 27-28 at price 1.59-1.61, just in a few minutes. What's the meaning behind? And why the price is getting lower? If you are the short term investor, you will definitely sell out right? So where are the share going? The chart in pass 9 months will tell you the secret behind --- Privatizes CHHB. (Although Tan Sri Lee denied.) Trust or not, it is based on your faith.
free float is only 32.70m and asset deeply undervalued, highly possible be privatised. If not wrong, I remember the boss once said if he had the money, he would buy all the property share that are undervalued.
Come 2015, it may undertake a slew of corporate exercises, including asset injection and revaluation of its properties and 6000 acre landbank.
Its CEO said after six months from Oct 2014, CHHB should finish paying off its debts.
Lee plans to sell a 51% stake in all his projects to CHHB in exchange for the company’s shares and dispose of the remaining 49% stake to strategic partners such as major China based property developer.
Lee’s projects include a rm3 billion Bukit Beruntung golf resort development covering 2100 acres, rubber estates in Pahang, an oil palm plantation in Kelantan and 250 acre of lake/land in Mines Resort City.
By injecting huge projects into CHHB, the company will expand faster.
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....
yawcfd
142 posts
Posted by yawcfd > 2014-08-22 14:45 | Report Abuse
28/08/2014 - Announcement of 2Q14 result.