Its 409,000 sf of gross leasable area, the recently opened Terminal Kampar Putra currently has a take-up rate of only 50%. We expect the woes of Covid-19 will gradually come to pass in 2021, ringing in a return in consumer spending that could expedite Terminal Kampar’s take-up rate to up to 70%.
Some said the main tenant is UTM.
Don't think the bowling, ballroom & cinemas can be operational in the 1Q of 2021.
I can only remember a few things in her presentation.
1) The covid only affect the Q2 results due to Bus services voluntarily halting for one and a half month during MCO & 30% rental rebate.
2) My understanding is profit will be sustainable at least 12mil per Q.
3) UTM taking a floor in Kampar Putra. 2 blocks of Hotels will be convert to UTM hostels. This should improve the human flow in the area and help the other outlets like cinemas, bowling & supermarket to flourish
4)Construction of Bidor terminal will start in Q2 2021 & 2 years after completion of Bidor terminal, Tronoh Terminal will commence construction. Future growth plan in place.
5)Dividend policy will be quarterly at a minimum of 25%. 35-40% for FY2020.
MAX8186 is correct. They are acting under the advice of Kenanga. The idea is to push the consolidated share price to above Rm1 then place them out to the big boy.
Furthermore, some shareholders are worry that there will be right issue call after the consolidation. it would NOT happen as they have enough funding for the next 5 years expansion plan.
'With RM200m left to be drawn from its Sukuk, RM65m remaining warrant proceeds, and a highly cash generative IPTT segment'
If one study carefully their business model, one will find that not only it is highly profitable, it is also sustainable.
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....
Irisoren07
339 posts
Posted by Irisoren07 > 2020-12-18 20:14 | Report Abuse
I thought u said sold everything already until hand weak.. Today all counter sell signal, u decide urself la