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General
2014-06-06 08:31 | Report Abuse
Hi Bones, any chances you look at A&M already?
Stock
2014-06-05 16:00 | Report Abuse
A&M just develop the Amverton Golf Course in Pulau Carey to boost up the value of the land. And the direct access of the SKVE road in few months time, the value seems to be justifiable...
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General
2014-06-05 15:44 | Report Abuse
Hi Bones, can you kindly comment on this:
Just read through A&M latest Annual Report which was publish yesterday on Bursa website. Found out this interesting facts that A&M had do the revaluation of the Pulau Carey land :
1)Location: PT 3532,3539,3540, 3556, 675 HS(D) 80452,80459,80460,80357, 28046 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan
Land Ares (Built-up Acres): 1387.99
Net Book Value: RM 3,129,198,000
2) Location: PT 673-674, 676-677, 730-736, 3533, 3535, 3537 HS(D) 28044, 80457, 28047 26048, 34187-34193, 80454-80455, 28045 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan
Land Ares (Built-up Acres): 535.55
Net Book Value: RM 1,234,239,000
Add up both of this valuation of the land is RM 4,363,437,000 (RM 4.36 billion)
Number A&M issued shares : 365,063,800 shares
Just based on this land alone, A&M is worth : RM11.95 per share.
Anyone can comment on this finding, looks like A&M have revalue the land and its new NTA should worth at least RM12 per shares!
Stock
2014-06-05 15:42 | Report Abuse
Not sure, but it was clearly stated in their latest Annual Report 2013 :
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1646757
Page 109...
The valuation is inline with the earlier article that say the land now worth RM 50 psf..
Stock
2014-06-05 15:39 | Report Abuse
Just read through A&M latest Annual Report which was publish yesterday on Bursa website. Found out this interesting facts that A&M had do the revaluation of the Pulau Carey land :
1)Location: PT 3532,3539,3540, 3556, 675 HS(D) 80452,80459,80460,80357, 28046 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan
Land Ares (Built-up Acres): 1387.99
Net Book Value: RM 3,129,198,000
2) Location: PT 673-674, 676-677, 730-736, 3533, 3535, 3537 HS(D) 28044, 80457, 28047 26048, 34187-34193, 80454-80455, 28045 Mukim Jugra District of Kuala Langat Selangor Darul Ehsan
Land Ares (Built-up Acres): 535.55
Net Book Value: RM 1,234,239,000
Add up both of this valuation of the land is RM 4,363,437,000 (RM 4.36 billion)
Number A&M issued shares : 365,063,800 shares
Just based on this land alone, A&M is worth : RM11.95 per share.
Anyone can comment on this finding, looks like A&M have revalue the land and its new NTA should worth at least RM12 per shares!
Stock: [AMVERTON]: AMVERTON BHD
2014-06-20 18:53 | Report Abuse
Anyone can give some comments on this? Why the land revalue at their assets list, but it does not shown in balance sheet??