Target Invest - We Target, We Invest
What should you do to a share that is potentially RM 1.00 but now below 20 cents?
Dear Investor and Trader alike,
Sometimes, when things appear to be too good to be true, most of the people will tend to take a conservative approach, but there are still people that are willing to take the front risk and plunge their money and invest into it.
There are no right and wrong in such situation, because investment comes along with risk. But a lot of time, the too good to be true investment done with the right study and right research will bear good return when things start to get inline and things develop accordingly.
Let's say, now I am telling you EDEN is too good to be true, will you want to believe?
A share trading below RM 0.20 now, but with NTA at RM 0.77, but in fact the land asset can be holding up to more than RM 1.00 per share at the current market price.
So actually, what is there to consider more?
I had been talking and promoting on EDEN since it is 14 cents.
Now it is 17 cents, which I think there is still plenty of room since we are talking about RM 1.00 here backed with land asset that is of strategic location, near to Kuantan Port, and also upcoming ECRL.
This is a no play play issue because Land is a commodity, and it is strategic because the location is there, and this cannot be moved as you like because other infrastructure already in place, and that is the reason making the specific land to be strategic.
Look again, 450 acre of land at Gebeng Industrial area, which is near to Kuantan Port.
The recent transaction involving a 1.7 acre land is sold at RM 22 per square feet.
If put into EDEN land, at RM 22 per square feet is equal to RM 432 million
(calculation is 450.74 acre x 43560 x RM 22 psf)
For more info, can refer here
https://klse.i3investor.com/blogs/targetinvest/201871.jsp
This Kuantan Port will not be an ordinary port, because this port will be a very important port that will replace a lot of shipping activities that will be going pass Singapore. Technically, this area will be very sought after by international player, eyeing to have a piece of profit in this area.
Many ship will stop at Kuantan Port, unload the container, and load into ECRL cargo train, go to Port Klang, and continue their journey. This will save cost, save time and also make Malaysia have more revenue.
Now Alliance Steel already invested in Gebeng area. The MCKIP already attracted multi billion investment. All these investment will require huge factory to be set up, and that will involved purchasing of land and such.
Since EDEN have 450 acre of land, some land will be acquire by ECRL, some land will be sold to 3rd parties foreign investor, or local business that are going to set up factory near to Kuantan Port.
EDEN now is RM 0.17
Potential is RM 1.00
If you give 50% discount on RM 1.00, there is still RM 0.50. But the NTA is RM 0.77, so that is no kidding issue also.
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Discussions
Be the first to like this. Showing 23 of 23 comments
Let me put it into perspective.
1. Their power plant business is VERY badly managed and their concessions end in 2019. There goes 11 million in revenue and negative profits. Which is subject to renegotiation at tough rates. Sesb didn't like inconsistent power anymore than you or I do.
2. Their Eden restaurants are also VERY badly managed with outlets closing left right and centre.
3. Their manufacturing business of LV switchgears are in a really bad market right now, especially when there are specialists like kinta and central switchgear which sells lower prices and have bigger profits ( efficiently run).
4. Eden has not made a profit since 2012. Every year losing money, since it hasn't diluted it's shares the money has to found from assets.
5. The assets in question have dropped from 295 million 2012 to 247 million in 2019. It will continue to drop in the foreseeable future, bar a share dilution to stem the tide.
6. They do not have the capability, financial resources or management acumen to properly manage those land sales in kuantan at good rates. Even if they did, do you know exactly where the ecrl route will be and where the Eden lands will be in relation?
This is speculation, gambling, NOT investment.
Call it what it is.
2019-04-15 09:20
yea i agree all is bad until worm also rotting inside.
that is why the land need to be sold off faster than ever..
2019-04-15 15:32
targetinvest are u the gun man hire by eden boss to promote eden? every year losing money can consider rubbish share later go pn17 soon.
2019-04-15 19:21
If only eden know how to unlock the value of their land.. Most of the time for these asset play stock.. Need to wait for yearsss..and if 450 acre of land so huge land if value at 22/ft will be not so accurate.. They bigger a land is, it will be cheaper compare to a smaller size of land in the same location.
2019-04-15 20:12
I understand all of your concern. The risk is legit, the company is risky, it is losing money..
But the asset is also real.. At desperate situation, there will be value.
Just look at Seacera.. Why Tiger Tan want to take so much stake until become a substantial stake holder in Seacera?
His reason is simple - because of the 500 acre of land behind Sg long and as a developer, he knew that is something that is of value.
When seacera drop to the brim of going below 20 cents, he came up and wipe the share from the force selling..
At every fall, opportunity appear.
2019-04-15 21:55
The only thing now is EDEN need to factor in the total warrant and also the total convertible notes from the white knight.. This will result in dilution.
But the land investment definitely is a legit asset and it will be instrumental for EDEN to rebound again..
2019-04-15 21:56
As you see.. The media is in control..
Now there is literally no media covering on the news of EDEN golden asset land.
The Edge talked nothing
Focus Malaysia talked nothing
Not to say The star and the rest, nan yang sinchew china press..
All keeping quiet... Is the editor and the team swopping up the shares until the right time come?
Such a great news but nothing is being covered...
Of course, when things are being covered, EDEN is definitely not at 17 cents anymore.
2019-04-15 21:58
Wah poora target invest. Haha. You promoting this stock heavily. Everyone already say, Koyak and Lousy management...Most it will.go to.is another sen or so. Haha. And then.You can take profit
2019-04-16 09:34
You are too emotional. You should stick to investing in reliable companies and good healthy management. I think even if you borrow all your family money will not be enough to buy 1% of johotin? It is your best investment ( next to hssbe. Why don't you stop throwing money into bad investments and concentrate all your money into a good investment like johotin? You would make much more money in the long term instead of making money here but losing it all in the next badly researched stock?
Cut your losers and follow your winners.
>>>>>>
All keeping quiet... Is the editor and the team swopping up the shares until the right time come?
2019-04-16 16:07
eden loss so much.....sasbabi profit company also down from 1.05 to now 23cts only......bursa ini tipu
2019-04-16 16:09
Yeah so good sailang sell house sell car margin maximum go buy lah!
2019-04-16 17:22
Convertible loan stocks being converted at only 12 sen! More conversions at that price probably will happen, so be xtra careful in buying.
2019-04-17 12:05
John Lu
superman888
Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 01/06/2019. Please refer to the Terms and Conditions of Use and Community Standards of this portal.
2019-05-06 16:29
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2019-04-15 09:04