hopefully a healthy profit taking ,after all up sharply from Black Monday Low.

dragging down by YTLP,
YTLP drop even lower than black Monday low....what happen?

broad base profit taking.

unless margin percentum drop below 130% ,or hair cut ,but unlikely,

SCM2023,price already up the that level before black Monday.. cannot be drastic drop if margin call.

@SCM2023,price up consistently past one week won't get margin call.

Malaysian consortium, comprising S P Setia Bhd, Sime Darby Property Bhd and the Employees Provident Fund (EPF), together with the support of other private and public sector stakeholders were the key drivers in helping the iconic power station roar back to life.

It wasn’t an easy task, of course. Battersea Power Station was purchased by the current shareholders in 2012. A complex transaction, it took 18 months and involved a team of hundreds, including advisers, financiers and solicitors, before the deal was sealed.

Malaysian consortium, comprising S P Setia Bhd, Sime Darby Property Bhd and the Employees Provident Fund (EPF), together with the support of other private and public sector stakeholders were the key drivers in helping the iconic power station roar back to life.

It wasn’t an easy task, of course. Battersea Power Station was purchased by the current shareholders in 2012. A complex transaction, it took 18 months and involved a team of hundreds, including advisers, financiers and solicitors, before the deal was sealed.

could be dragging down by issues Battersea Power Station JV in.UK with Sp setia

dye to issues with Battersea Power Station JV in UK...Simepro both

above land sales gain do not include the following land sales
RM60mn sales at Bandar Setia alam

RM26mna sales at Tanjung Kupang Johor.

RM26mns sales at Alam Impian.

RM103mns sales at Setia Federal Hills.

land sales gain of RM551.6mn (EPS =RM0.113 does not Include 1st qrt and 2nqrt earnings from new project launch gains.

land bank sales :
17.99acres at Setia City sold to KSL at Rm228.8mn and gain of RM140.6mn

960 acres at Terbau sold to Mokhtar for Rm560mns and gain of RM333.

6.5acres at Bukit Chagar JB for RM167mn and gain of RM47mn.

500 acres at Semenyih to Mah Sing Grp for RM393mn and gain of RM31 mn

total gain for land sales = RM551.6 mns

if realised on 2n qrt ,EPS on these land sales would be RM0.113

UOBKH project coming qtr results with new profit RM400 millions, and Sp setia has plan in pipeline on setting up Real Estate Investment Trust for its retails,and to build managed Industrial Park In Tanjung Kupang Johor on its 307 arce land Bank with potential Data Centre.

volume building up

1.72 past...easy going forward

next qrt results good EPS sold of land bank

past 1.64,next resistance 1.72

should go past 1.64 then 1.72 before heading towards 2.89

10 years downtrend since 2014 ,last year was a U turn,so this year up ,green horn

shooting high because property sector 7 years upcyle has just started

Foxconn doing very well, so do Vitrox brother

SNS should up by August.market look for future growth,not passed tense

Malaysia-Singapore High Speed Train is part of China Global one belt one Road.It would eventually alliance and connect to Bangkok and Kunmin.

a portion of the contract work to be awarded to YTL would be good enough to.propel YTL higher as the Contract for HSR is very big

our Transport minister went to Hongkong recently main objective was to attract funds from China for the HSR.

@Dragon328.YTL would get the contract but will not be the main builder contractor as YTL does not have the technology and funding .
China state contruction company will be the main builder ,main contruction company for the HIgh Speed Train.

hidden.gem

recovery has just begun

strong rebound is intact

price should gradual move upward in June

Genting Bhd'sentiment is dragging down by weak Genting Malaysia

let clear off all contra kaki today.Hoping Foreign funds to digest today new before deciding to investment next week.

when people on the street know about Good thing,market will react opposite way.

EPS already 15cent only 1st qrt

gap up ,prolong rally

very good profit,rocker tomorrow

588.8m profir

450m profit very good already compare QQ and yoy

think this round Genting could secure huge profit from.GENM

should be sharp rebound, after pandamic

place your bets

fasten your belt ,getting ready to take off.

genting ready for the strongest take off ever.

looking forward first post pandamic recovery.No turning back to history.

https://www.businesstoday.com.my/2024/05/27/genting-bhd-a-laggard-poised-to-play-catch-up/#

Gemn core business is still casino ,leisure and entertainment.

@GTfun,how did you derived lose if 110m this Q?

GENM results should be good,Since December 2023 to February 2024,,Casino packed with people.

impending correction likely