More good news coming next week till the opening of Impression Melaka in May. And many more join venture announcements will come from its 138 acres Impression City. Tourists dollars are the best. No other developers got this, the only Impression Series outside China. Sit tight, next level will be RM3 then RM4 and in no time will be turning to a Blue Chip. It's monopoly business. Blue Ocean.
Impression City GDV of RM7B project is developing over a 10 years period. And everything is tourism related like The 400M Impression Theatre, Canal Cuise, 800M Terra Square Shopping Mall and The Yatch Club. More join venture announcements soon and sooner or later the RM4 will be a reality. Don't regret if you take profit now.
today mainly is sell on news. looks like there will be correction after the rally from 1.40, no need to rush in at this stage. based on it previous pattern, every time it breaks previous high, it will have a deep wash before spike again.
As i can understand the company bankrupt due to the high debt. This is different scenario to Yongtai. I think not many can comment on the success rate of the coming Impression Melaka, unless you watch other Impression series in China.
impression city project may not be that successful............China tourist may not find the show that spectacular and eye opening.... And, can local tourist appreciate the impression series...??
Ticketing sales agreement:This serves as a significant milestone for Yong Tai as the collective Encore Melaka’s ticket sales of 1m has already made up 91% of our annual assumption of 1.1m which is based on 75% occupancy rate.
what is the interest yield for the PA? went to Bursa website and could not find anything. it only mention
"The Company have the sole discretion to decide whether to declare any non-cumulative dividend to the holders of ICPS. They do not have the right to participate in any additional distributions declared for ordinary shareholders"
meaning this is not usual type of PA where no interests will be paid? and only dividend and this is at the disretion of the company (meaning no dividend as well)
yongtai is not a buy now. market is turning to bearish. even yongtai got good news also can't stand the golbal selling pressure. those buy at low can hold. those intend to buy in, better wait. could tren below 1.50 if market really negative.
you can sell... i waiting to collect below 1 ~ 1.4, the theater going to open at May. i wonder before/after election will drop or not, just standing by.
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Impression
217 posts
Posted by Impression > 2018-01-04 16:59 | Report Abuse
More good news coming next week till the opening of Impression Melaka in May. And many more join venture announcements will come from its 138 acres Impression City. Tourists dollars are the best. No other developers got this, the only Impression Series outside China. Sit tight, next level will be RM3 then RM4 and in no time will be turning to a Blue Chip. It's monopoly business. Blue Ocean.