Gadang to record at least RM 90 million PBT from Capital City Project in the next 12 months??
In my opinion, it is very likely that Gadang will have a record breaking year in the next 12 to 16 months.
From the mode of payment set out in the JV agreement, Gadang is entitled as much as RM 217.1 million from the retail mall.
Based on Capital World Limited progressive billings, Gadang still has about RM 90 million of entitlement to be recognized in the near future from the retail mail.
Based on several retail websites, Capital 21 or the retail concept mall is scheduled for opening in June 2018.
Since the construction of the retail mall is already in an advanced stage, this suggests Gadang will fast track the profit recording when they receive the remaining RM 90 million entitlement from the JV over the next 12 to 16 months.
In FY 2016, the total PBT recorded by the property segment was about RM 53 million.
The remaining entitlement is sufficient to propel Gadang properties segment into the stratosphere especially when the other projects such as The Vynes@Sungai Besi is also nearing completion.
dont let the price to go up. may be it is not the time to go out yet. and for short term player, they are forced to sell at 1.28-1.29 since looks like can't sell at 1.3 and above.
wait start boom only buy la ma.... Gadang got good news oso up 2-3 sen oni, at the most 5 sen. pay that premium in exchange of risk lor... by the time other stock may earn you 4-5 sen or 10 sen already ma...
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....
sogeking
228 posts
Posted by sogeking > 2017-06-07 16:06 | Report Abuse
Yup. Then alot of people got trapped.