we need to analyse the composition of property segment in a developer company.
high rise property segment is gone. the higher the percentage of high rise, the lower the share price will go.
there are certain segment of the property market is badly hit by tanah lot. those segment is slightly above the group of affordable housing : buy a piece of tanah lot between RM30k to RM60k and spend another RM200k to build a comfortable bungalow for a family of four, ie. between RM300k to RM500k.
Joker' talk
Buy a piece of tanah lot 30k-60k (where? hutan? durian orchard?) spend 200k to build a comfortable bungalow for a family of four. (its not bungalow, it is a bird nest house)
we need to analyse the composition of property segment in a developer company.
high rise property segment is gone. the higher the percentage of high rise, the lower the share price will go.
there are certain segment of the property market is badly hit by tanah lot. those segment is slightly above the group of affordable housing : buy a piece of tanah lot between RM30k to RM60k and spend another RM200k to build a comfortable bungalow for a family of four, ie. between RM300k to RM500k.
Joker' talk
Buy a piece of tanah lot 30k-60k (where? hutan? durian orchard?) spend 200k to build a comfortable bungalow for a family of four. (its not a bungalow, it is a bird nest house)
200k can build a bungalow, Wahahahahaha kikikiki
a lot of idiots nowadays they still living in their own Wonderful imagination life
In December 2019, EcoWorld acquired 200 acres (80.94ha) of freehold land in Iskandar Puteri for RM1.67 billion mainly to capture the M40 group with properties priced between RM300,000 and RM450,000. On top of that, EcoWorld is also planning to launch properties with prices starting from around RM400,000 in their existing townships in Malaysia.
It stated Ecoworld acquired 200 acres of freehold land for 1.67Billion This is a joke. Like some of the jokers in this forum.
Please do homework before you post a news. The actual data is Ecoworld acquired 200 acres land for 300million. Ecoworld plans to develop the land with estimated GDV of RM 1.67 billion.
I doubt how they set their Target price at 0.75
Wrong information, I am not sure the guy who wrote this report still suitable to be an analyst or not
look at the chart, Ecoworld 2019 sales is 2.7billion SpSetia Big and Old company 3billion sales
Ecoworld is Top 2 sales in 2019 For your information, Ecoworld is just 6Years old company His sales in 2019 better than Simeprop,Mahsing,ioiprop,Sunway,UEMS, uoa, gamuda
AffinHwang Capital noted that only several property developers have provided guidance on 2020 target sales, such as Gamuda Bhd (Gamuda), Sunway and Eco World, and were mostly more optimistic on sales growth.
SINCE Khazanah Nasional Bhd announced its plan to hive off 16% of IHH Healthcare Bhd to Mitsui & Co Ltd for RM8.42 billion last month, market talk has been rife that property developer UEM Sunrise Bhd could be next on the list of companies in which the sovereign wealth fund plans to pare down its shareholding
2018 Khazanah plan to sell UEM Sunrise
2019 rumours Ecoworld merge with UEM Sunrise
2020?
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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....
yeochingu
1,907 posts
Posted by yeochingu > 2020-01-09 15:49 | Report Abuse
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