This company current asset from 2008 RM3.3b increase to RM4b (2012)but the current liabilities only RM77m,the cash from 2008 RM32m increase to RM82m (2012).
Pulau Carey used to be a God forsaken place 30 years ago.
For that matter, even Pulau Indah, its much bigger neighboring island, and where the now very busy Westports of Port Klang and the Port Klang Cruise Terminal are located was also used to be a God forsaken place some ten fifteen years ago.
But, all these are going to change now. With the South Klang Valley Expressway (SKVE) directly linking Putrajaya/CyberJaya to Pulau Indah and thus Pulau Carey too slated to be ready by 2015, Pulau Indah/Pulau Carey will be a God forsaken place no more.
The SKVE is a rather nice expressway, the side from Putrajaya/Cyberjaya to Pulau Indah is actually ready for use, and I particularly like the part of the expressway leading to the bridge crossing over to Pulau Indah.
it is interesting because, you see, this bridge has to be built so very high to enable ships to pass thru underneath. It is so very high that when approaching it from some 5 KMs away it seems the expressway is leading you to Heaven and your car is going to take off and fly into the sky. Awesome!!
Go check it out now and drop by Pulau Carey for seafood, or go to Klang for Bak Kut Teh. The whole journey will take just about 25 minutes.
SAB is also from Pasang. SAB has gone up a lot recently. Pasang has a lot of hidden rich men, a hot tip for you girls. Of course, you not going for the lau eh la,go for the how sii eh the sons.
People here simply hantam with 2nd hand information to come up with a value of 5.00 to 10.50 but actually FV is just close to 2.00. Wrong!! Big wrong!!
People here also have gone on and on and on on the supposedly big land banks that this company has, and they are for development of this and that with GDV of billions and billions...
Hello, people your information correct or wrong??!!
Wrong?!! Big wrong again??!!
Cos now this company is proposing to get into a related party transaction to buy lands, instead of focusing to develop the supposedly big land banks that this company has, and they are for development of this and that with GDV of billions and billions... how come??
This related party transaction to buy lands is using cash some more, later where got cash to develop the supposedly big land banks that this company has, that are for development of this and that with GDV of billions and billions... where to find cash later??
People please please please can you double check you information!!!
Pasang got potential in certain areas only. Most areas in Pasang are actually getting worse and decreasing in value from the influx of poor Indians from the city coming here, kampong Malays and vermin Sabahans and Sarawakians. Only Chinese majority areas can thrive as the saying goes 'live with a nigger and soon your city will be like Detroit'
Just read through A&M latest Annual Report which was publish yesterday on Bursa website. Found out this interesting facts that A&M had do the revaluation of the Pulau Carey land :
1)Location: PT 3532,3539,3540, 3556, 675 HS(D) 80452,80459,80460,80357, 28046 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan Land Ares (Built-up Acres): 1387.99 Net Book Value: RM 3,129,198,000
2) Location: PT 673-674, 676-677, 730-736, 3533, 3535, 3537 HS(D) 28044, 80457, 28047 26048, 34187-34193, 80454-80455, 28045 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan Land Ares (Built-up Acres): 535.55 Net Book Value: RM 1,234,239,000
Add up both of this valuation of the land is RM 4,363,437,000 (RM 4.36 billion) Number A&M issued shares : 365,063,800 shares Just based on this land alone, A&M is worth : RM11.95 per share.
Anyone can comment on this finding, looks like A&M have revalue the land and its new NTA should worth at least RM12 per shares!
A&M just develop the Amverton Golf Course in Pulau Carey to boost up the value of the land. And the direct access of the SKVE road in few months time, the value seems to be justifiable...
A & M Realty (AM MK)-----------------------DATED 24//6//14 Technical BUY with +17.5% potential return Last price : RM1.37 Target Price : RM1.49, RM1.61 Support : RM1.30 Stop-loss: RM1.28 BUY with a target price of RM1.61 with stop loss at below RM1.28. AM’s share price retraced from the high of RM1.49 before establishing strong support at RM1.30. As the share price recovered gradually, it closed above both the 10-day and 21-day SMA lines, suggesting the continuation of the previous uptrend. Given yesterday’s gap-up on the back of a slightly higher trading volume of 0.6m shares (vs 20-day average of 0.2m), we expect a positive follow-through thereafter. An improving momentum, along with an uptick in +DI as the ADX line rises steadily, suggests the trend is potentially getting stronger and as such should push AM higher. We peg our medium-term target at RM1.61, which is equivalent to the 1.61x Fibonacci extension level.
A&M Realty (AM MK) Technical BUY with +14.0% potential return Last price : RM1.41 Target Price : RM1.49, RM1.61 Support : RM1.30 Stop-loss: RM1.28 BUY with a target price of RM1.61 with stoploss below RM1.28. Despite the share price having consolidated within the range of RM1.30-1.41 in the past 10 weeks, AM’s share price has shown signs of continuing the recent uptrend. AM has been gradually climbing the steeper trendline as yesterday’s gap-up has kick-started a new up-leg. The share price has also surged past the “cloud” for the first time since 30 May 14, backed by renewed buying interest as shown by the higher trading volume recorded yesterday. Additionally, the positive MACD and Stochastic readings suggest a stronger momentum which should lift the stock toward our medium-term target at the 1.61x Fibonacci extension level of RM1.61. Timeframe: 2-weeks to 2-months
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....
935win
671 posts
Posted by 935win > 2014-04-29 11:26 | Report Abuse
This company current asset from 2008 RM3.3b increase to RM4b (2012)but the current liabilities only RM77m,the cash from 2008 RM32m increase to RM82m (2012).