Impression City Melaka is a big project and is in hot area of melaka. Currently, no investor coming in, they are just waiting for the fund. If the whole project can begin, it sure will be a interesting counter. Dun buy in first, wait for good news release.
haha,I got 6 lots in hand at the price above 1. when it started to drop last time, I never bought in as I know yongtai will got net loss quarterly till end of 2020. yongtai is a risky counter now that worth to buy only at 0.20, this is my valuation. you are welcome to buy above 0.40, no matter how all those stuck here waiting for heroes to rescue.
few weeks ago a lot of people bought in at the range 0.59 to 0.66, happily thought that it would climb up to 0.70, banyak kena tipu dou mother also can't recognize...
actually, I don't want to buy at 0.20 also if it drops to that. no dividend, every quarter loss in future, worse than FD, higher risk than any kind of investment in world, poor timing for property and show business, capital loss. I will buy lah if 0.10.
The losses may encore and the impression is bad. The story of Impression Melaka was oversold but the tickets remain undersold. The worst fear here is that it may turn into a white elephant. Shareholders likely have to wait for a sustained surge in Chinese tourist arrival to watch the Impression Melaka in order to turn in a profit for the company. Till then, the downward pressure will persist for some time.
I dont mean to pour salt on wound but remember, this is encore melaka, not encore hong kong. If u build one encore hk i think can achieve 70% seatings la.
Maybe someone can suggest to ytb to showcase some local ladyboy show like bangkok’s calypso cabaret.
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....
NewbIE88 HI
71 posts
Posted by NewbIE88 HI > 2018-12-05 22:26 | Report Abuse
Impression City Melaka is a big project and is in hot area of melaka. Currently, no investor coming in, they are just waiting for the fund. If the whole project can begin, it sure will be a interesting counter. Dun buy in first, wait for good news release.