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 |
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ENCIK IKHLAS BIN KAMARUDIN | 12-Jun-2020 | Acquired | 1,645,300 | 0.204 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 11-Jun-2020 | Acquired | 1,304,500 | 0.209 |
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ENCIK IKHLAS BIN KAMARUDIN | 11-Jun-2020 | Acquired | 1,304,500 | 0.209 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 10-Jun-2020 | Acquired | 100,000 | 0.210 |
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ENCIK IKHLAS BIN KAMARUDIN | 10-Jun-2020 | Acquired | 100,000 | 0.210 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 28-May-2020 | Acquired | 337,900 | 0.209 |
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ENCIK IKHLAS BIN KAMARUDIN | 28-May-2020 | Acquired | 337,900 | 0.209 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 27-May-2020 | Acquired | 869,700 | 0.206 |
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ENCIK IKHLAS BIN KAMARUDIN | 27-May-2020 | Acquired | 869,700 | 0.206 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 22-May-2020 | Acquired | 1,082,600 | 0.205 |
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ENCIK IKHLAS BIN KAMARUDIN | 22-May-2020 | Acquired | 1,082,600 | 0.205 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 21-May-2020 | Acquired | 700,000 | 0.210 |
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ENCIK IKHLAS BIN KAMARUDIN | 21-May-2020 | Acquired | 700,000 | 0.210 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 20-May-2020 | Acquired | 700,000 | 0.204 |
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ENCIK IKHLAS BIN KAMARUDIN | 20-May-2020 | Acquired | 700,000 | 0.204 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 19-May-2020 | Acquired | 2,600,000 | 0.199 |
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ENCIK IKHLAS BIN KAMARUDIN | 19-May-2020 | Acquired | 2,600,000 | 0.199 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 18-May-2020 | Acquired | 1,780,000 | 0.202 |
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ENCIK IKHLAS BIN KAMARUDIN | 18-May-2020 | Acquired | 1,780,000 | 0.202 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 15-May-2020 | Acquired | 1,200,000 | 0.210 |
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ENCIK IKHLAS BIN KAMARUDIN | 15-May-2020 | Acquired | 1,200,000 | 0.210 |
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DATO' SRI MOHAMAD NORZA BIN ZAKARIA | 14-May-2020 | Acquired | 400,000 | 0.195 |
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ENCIK IKHLAS BIN KAMARUDIN | 14-May-2020 | Acquired | 400,000 | 0.195 |
calvintaneng
Good morning
Wzsatu needs to clear off
1. Stale holders which are tired and who are ignorant of upcoming prospect so they might take opportunity to sell
These will regret later for not knowing and holding longer
2. Contra players who will cash out with small gains. It is ok.
3. Day traders might break even or cutloss after reading poison posts by mikecyc or naysayers.
After these frothy time is over then WZSatu will go up
WZSatu means
Wang Zheng Satu
It means "Always Success" in hokkien
Satu is first in Malay
So may WZSatu be "Always No. 1 in Success"
What a prosperous name!
2020-06-23 10:50