NoPainNoGainBack to where it start at 34.5 cents.....again and then again...probably will break below there soon.Aigoooo....
Eric FongNevermind lo. The lower the price, the better the dividend you get....
NoPainNoGainDespite everyday the total Best Sell volume is far lower than the Best Buy volume, this had continuously fail to even move up 1,2 ticks. Which speculation better - someone dumping huge @34.5 or share moving hand @34.5 to someone/group? :D
Eric FongSomeone dump the stock means another willing to buy the stock actually..see which perspective you think..
NoPainNoGain@Eric Fong You're right. There's always a willing buyer at 34.5.
drakorynyeah, unlikely to go much lower than 34.5 if buy now at that price, should be quite safe
drakorynProjects launching in 2016 - Rm1,600m Estimate will take 5 years to complete projects, so average annual revenue - RM320m Average margin is 25%, so net profit per year is RM80m which is about RM0.08 per share. At current share price, P/E is about 4.3. Other property company P/E is more like 10 so share price should go up.
Your biggest risk is they don't launch their projects this year. Then you just wait la, Net asset per share is RM0.59 and alot of cash so just need to be patient.
NoPainNoGainStrong pickup @34.5 despite market in blood. Hope can start movin in coming few days.
peterwinwinno hope lah,this counter only worth RM0.345 at this moment.so the big fish only eating at 0.345.
drakoryndon't think you will see much movement until later this/next year when they can start booking in revenue from their recent launches.