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2021-11-19 14:42 | Report Abuse
One should look at this company for middle term.
Tambun has big piece of land, yet to be developed, near to the Batu Kawan Industrial Park. This industrial park is growing day by day.
https://klse.i3investor.com/jsp/admin/emlverify.jsp?vc=524926169
Stock: [TAMBUN]: TAMBUN INDAH LAND BERHAD
2021-11-19 14:47 | Report Abuse
The balance sheet is supported by real estate. Tambun bought those real estate cheap at around 13-17psf.
These are land. They are tangible.
Unlike other types of inventories, land will not become obsolete, depreciate, disappear and etc. If anything, land value will continue to rise. One should at least analyze this company based on this perspective.