Official launch date is Sunday , 27 August 2017 : 99 3-storey bungalows and 166 3-storey semi-Ds .
Construction / Propertty sifus , kindly input and fill the blanks :
GDV, per BCB is RM 650 million Construction cost , per Kerjaya Prospek is RM 207 million Land cost , for 49 acres , per 2016 Annual Report at RM 28.49 psf is RM 61 million Land scaping cost ? Other infrastructure cost ? Sales and marketing cost ? Interest cost ? Net before these cost is RM 382 million ? How much is net profit ???!!!
mahorse : From the information gathered., last quarter ending this month will still be quiet with the completion of 1st phase Home Tree and Concerto .
But exciting FY 18 with numerous launches at Home Tree 2nd phase , semi-Ds and bungalows , Home Tree 4th phase shop lots , Versis Medini Johore shop lots , Versis Batu Pahat shop lots , numerous linked houses in Batu Pahat and Elysia Park Residence small units condominiums Block 1,2 and 3.
Phase 2 of Home Tree in Kota Kemuning comprising 99 units of bungalows and 166 units of semi-Ds will be officially launched on August 27, 2017 while Phase 5 comprising 23 units of 3 / 4 storey semi-D and bungalow shoplots is expected to be launched soon. The Group is currently in the final stages of securing the necessary approvals from the relevant authorities before doing an official launch for phase 5.
The Group is optimistic that these projects as well as existing ones will contribute positively to its earnings for FY 2018
Chill camel, most property stocks suffer drop in revenue and profit, at least big improvement from preceding quarter. Hopefully, on the road to recovery. Stay rationale.
Despite the cooling measures initiated by the government the past few years to check the property market from rising too rapidly, the Board is optimistic of the Group's performance for the financial year 2018.
BCB Berhad NTA RM1.17 PE 2.63 MSP RM0.22 Stingy Management for sure - No Dividends Declared Ulterior Motives? Many lands/properties not revalued many years for whatever reasons On the other hand exorbitant Directors Fees continues to be paid to incompetent board members of whom do not have a clue on how to to unlock the share values MSP dictated by forced-sold weak margin a/c holders Ridiculous beyond words
Posted by spider68 > Dec 31, 2018 05:29 PM | Report Abuse
BCB Berhad NTA RM1.17 PE 2.63 MSP RM0.22 Stingy Management for sure - No Dividends Declared Ulterior Motives? Many lands/properties not revalued many years for whatever reasons On the other hand exorbitant Directors Fees continues to be paid to incompetent board members of whom do not have a clue on how to to unlock the share values MSP dictated by forced-sold weak margin a/c holders Ridiculous beyond words
Directors fees very high for both father & son. The chairman is almost a pokai fellow until he listed BCB,. Many of his friends are con to invest in his company and everyone spit in his face. No Dividends Declared...exactly, not 1 cent dividend declared so far except the MD and sons are enjoying life.
I share the same sentiments as all here. Let’s bring all our grievances to the AGM. Somebody with big block can initiate to group minority shareholders to at least 10%, call an EGM to remove deadwood directors. Even if not unsuccessful, at least can highlight the high salaries the directors are getting and their complete zero interest in minority shareholders .
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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....
mahorse
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Posted by mahorse > 2017-08-12 10:57 | Report Abuse
Official launch date is Sunday , 27 August 2017 : 99 3-storey bungalows and 166 3-storey semi-Ds .
Construction / Propertty sifus , kindly input and fill the blanks :
GDV, per BCB is RM 650 million
Construction cost , per Kerjaya Prospek is RM 207 million
Land cost , for 49 acres , per 2016 Annual Report at RM 28.49 psf is RM 61 million
Land scaping cost ?
Other infrastructure cost ?
Sales and marketing cost ?
Interest cost ?
Net before these cost is RM 382 million ? How much is net profit ???!!!
Staggering amount ?