i think the quarterly financial rpt shall come out within this 2 day times, and i estimate the EPS should more than 8.50 base on last 4Q report, it may declare dividend too! any how should break 1.59 by this month end b4 go further more.....tread at your own risk... good luck...
I more or less anticipated the poor results as their construction order book is low. They also not aggressively launching properties.
I think the reason for being so laid back is because they know they are about to start their LRT related developments soon, which requires them to dedicate a lot of energy and resources. As such, they would rather not get sucked into other projects (such as construction, non LRT related development, etc) in a big way.
I fully support their decision to lay low pending Dang Wangi project to take off. But hopefully they get it launched ASAP. That will be good for sentiment and results in next few quarters
This is a mixture of NTA and low PE play to me.... prized assets like land in Dsara Perdana and Mont Kiara, Unitapah concession and good earnings from its affordable housing projects. Not to mention many possible catalysts on their way : Construction projects from East Coast, Langat 2 sub package, Sale of Tierre Crest etc
wonder why their eps increase 175% but the dividend reduce from 5% to 3.75%.. and i would like ask experts here.. the restated for the account bring what effects to the company.. still not understand how their earning turns to loss that stated in 1st q report 2014..
thanks in advance
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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....
Icon8888
18,659 posts
Posted by Icon8888 > 2014-05-09 09:25 | Report Abuse
I own wb
Will exercise if out of money next year upon expiry