Posted by shorttermtrader > Dec 11, 2019 4:10 PM | Report Abuse

9 cts is a strong resistance if ablegrp want to fly it must break 9 cts resistance... : (

Posted by shorttermtrader > Dec 12, 2019 10:08 AM | Report Abuse

As expected an other one day show... sigh! : (

Posted by shorttermtrader > Dec 13, 2019 3:35 PM | Report Abuse

Hahaha zero volume again ... : )

Posted by shorttermtrader > Dec 15, 2019 1:47 PM | Report Abuse

Location:Jalan Kiara 3, Mont Kiara, Kuala Lumpur, MalaysiaOwner:Atlas Rhythm Sdn BhdSite Area:3.095 AcresGross Floor Area:404,524 sqftUnits:197 units Condominium & 24 units VillaBuilding Height:1 Block of 39-Storey Condominium & 2 Blocks of 6-Storey Villa


Ablegroup project gross floor area 404524 sqfs @ RM 750 per sqf means gross development value is equal to 404524 x 750 = 303393000. Let's say profit margin is 20 % means RM 60678600. If able group is able to sell their units then in 4 years time profit is about 60 millions i.e 15 millions per year which is equal to eps 5.7 cts. If pe is 10 times then the share price should be 57 cts . I think that is the reason dato Allan Lim want to privatized it @ 13 cts per share back in 2017.ablegrp right now is selling at 7 cts which is very undervalue... my 2 cents : )

Posted by shorttermtrader > Dec 20, 2019 3:38 PM | Report Abuse

Today it seems like someone kena force selling high volume : (

Posted by Peter2357 > Dec 20, 2019 3:54 PM | Report Abuse

hoho....Christmas Cheap sale ...buy 6cts versus revised NTA 22cts

Posted by shorttermtrader > Dec 20, 2019 4:37 PM | Report Abuse

Oh you are wrong Peter2357 6 cts never done at all , it just a washing process y the operator

Posted by Elaine Tan > Jan 17, 2020 9:15 AM | Report Abuse

Insider news :YES CONFIRM- ECRL (mentakab to Maran) will drop in to Ageson7145 new subsidiari, it a joint venture company. clean all the shares now before its too late guys! cheers