THE HIDDEN UNKNOWN FACTORS:

1) All State Govt alienated lands are the cheapest. Perak Corp got its lands from Perak Govt. Last time Perak Corp has 1,000 acres prime land in Lumut when Calvin called for a Strong Buy on Perak Corp. Perak Corp was selling at 60 cents with High NTA of over Rm2.00

That was then. Later Mr. Market finally woke up to Perak Corp's True Intrinsic Value and started chasing Perak Corp over Rm3.60. It was rather expensive then to chase Perak Corp at such lofty price (Up 600%)

Then it was KPS (Kumpulan Perangsang Selangor) KPS was owned by Selangor State Govt. At 42 cents Calvin called for a buy. Why not? KPS was selling at 42 cents with NTA of over Rm2.00 like Perak Corp. And KPS even outperformed like Perak Corp when it rose to a high of Rm3.94

The same success is repeated in BDB (Kedah Govt owned), and TDM (Trengganu Govt owned) & finally Johor Land (Johor Govt owned) Success begets success. 

This TANAH MAKMUR has similar characteristics & potential like Perak Corp, KPS, BDB, TDM & Johor Land (this one so profitable JCorp took it private.

2) TMAKMUR Is Another Scientex.

Why so?

Scientex Bosses continually save cost, add value & add profit for share holders. In Tmn Scientex they build smaller houses and use cement bricks instead of clay bricks. Using cement bricks cut cost by half. To save more Scientex started manufacturing its own cement bricks. And profits of Scientex surged & share price exploded upward. Scientex is now almost touching Rm10.00. Too late to chase now.

For Tanah Makmur they are following the same path of Value Creation. From planting Oil Palms to Thriving Housing Estates in Kota Sas. A check with www.propertyguru.com.my/ shows that double storey semi detached houses in Kota Sas are selling at around Rm750,000. At only 52 cents psf land holding cost TMakmur will make obscene tonnes of money in its enterprise.

DISCOVERY  OF BAUXIDE - A BONUS WINDFALL

While excavating the Kota Sas Lands Company discovered the Hidden Store of Valuable Bauxide. In stead of Sand, soil or rocks that normally discarded and dumped away the discovery of Bauxide is a BONUS INDEED. Prosperity breeds prosperity on SUCH PROSPEROUS LANDS!

Both Palm Oil & Bauxide are Cash Crop & Cash Mining. So you can see the the FCF (Free Cash Flow) of TMakmur is a healthy 12%. Free Cash Flow enables TMakmur to give out a twice yearly dividend of 6 cents - making it 12 cents or 8.5% a year.

As profits exploded upward expect TMakmur to give even more dividend in future.

And More Than That!

Did you notice that TMakmur also buy and trade in Livestocks? Yes! on the vast tracts of Palm Oil plantations TMakmur Rear Livestcvks for sale.

WOW! TMAKMUR's Management like Scientex Bosses Are Adding Value To Every Area of Its Assets. Nothing Is Wasted.

And TMakmur's Bosses Are So Bullish On Company Prospects That They Are Buying & Buying   Millions of TMakmur Shares With their Own Money.

Calvin comments (23rd June 2020)

History repeats & Success begets success!

Just as in Tmakmur the Bosses were buying and buying UNTIL IT WAS TAKEN PRIVATE!!

YES TMAKMUR TAKEN PRIVATE AT RM1.90!

SEE

https://klse.i3investor.com/servlets/stk/5251.jsp

See just like Bosses bought TMakmur they are also buying and buying WZSATU

DATO' SRI MOHAMAD NORZA BIN ZAKARIA	12-Jun-2020	Acquired	1,645,300	0.204
ENCIK IKHLAS BIN KAMARUDIN	12-Jun-2020	Acquired	1,645,300	0.204
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	11-Jun-2020	Acquired	1,304,500	0.209
ENCIK IKHLAS BIN KAMARUDIN	11-Jun-2020	Acquired	1,304,500	0.209
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	10-Jun-2020	Acquired	100,000	0.210
ENCIK IKHLAS BIN KAMARUDIN	10-Jun-2020	Acquired	100,000	0.210
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	28-May-2020	Acquired	337,900	0.209
ENCIK IKHLAS BIN KAMARUDIN	28-May-2020	Acquired	337,900	0.209
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	27-May-2020	Acquired	869,700	0.206
ENCIK IKHLAS BIN KAMARUDIN	27-May-2020	Acquired	869,700	0.206
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	22-May-2020	Acquired	1,082,600	0.205
ENCIK IKHLAS BIN KAMARUDIN	22-May-2020	Acquired	1,082,600	0.205
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	21-May-2020	Acquired	700,000	0.210
ENCIK IKHLAS BIN KAMARUDIN	21-May-2020	Acquired	700,000	0.210
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	20-May-2020	Acquired	700,000	0.204
ENCIK IKHLAS BIN KAMARUDIN	20-May-2020	Acquired	700,000	0.204
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	19-May-2020	Acquired	2,600,000	0.199
ENCIK IKHLAS BIN KAMARUDIN	19-May-2020	Acquired	2,600,000	0.199
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	18-May-2020	Acquired	1,780,000	0.202
ENCIK IKHLAS BIN KAMARUDIN	18-May-2020	Acquired	1,780,000	0.202
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	15-May-2020	Acquired	1,200,000	0.210
ENCIK IKHLAS BIN KAMARUDIN	15-May-2020	Acquired	1,200,000	0.210
DATO' SRI MOHAMAD NORZA BIN ZAKARIA	14-May-2020	Acquired	400,000	0.195
ENCIK IKHLAS BIN KAMARUDIN	14-May-2020	Acquired	400,000	0.195