Kuala Lumpur: Mitsui Fudosan (Asia) Malaysia Sdn Bhd (MFAM) and BBCC Development Sdn Bhd (BBCCD) entered into a JV agreement to form a JV company known as MFBBCC Serviced Suites Sdn Bhd (JVCo) to purchase a serviced residence block in the Bukit Bintang City Centre (BBCC) development for RM242 million. MFAM will hold 51% and BBCCD 49% in the JVCo, which will manage and operate the property including granting of tenancies of units within the property
Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses. Is it true Ecoworld so invincible? No! These fellas only see tree instead of forest. These fellas only see cash Ecoworld has instead of its massive borrowing. These fellas only see LKS building more and more houses, but do not know more and more jouses cannot sell.
What else can I say? Ah Gu is not better than many idiots promising heaven and earth in this forum. Ah Gu is nobody. Just ask if he still has any cash left? If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.
Why is he cursing everyone with adverse opinion on Ecoworld? Surely he must have run out of money to buy more. Surely he has lost most of his money. Surely he must have stuck all his fortune in Ecoworld.
I have no time for Ah Gu! When did I ever mention this fella with his user ID? First time ever I use this pseudo name Ah Gu instead of yeochingu. See the difference? I address to general public instead of directing to a particular character.............
1. Father buy from son at 45 sen, need not pay for more than intrinsic value.
2. Mountain size debt killing all.
3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)
4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.
5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.
6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.
7. Ecoworld International is another sick child. Medical fees will be unbearable.
8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld.Why go for lemon when you can find orange for the same price?
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 > 2020-06-09 22:41 | Report Abuse
留的青山在,哪怕没材烧?
这庄家就是那么吝啬,他不喜欢给散户赚钱的
要你死到贴地先,然后才推的
最安全的方法,等他压到全部人放弃了,他又会再大大力拉