A defensive stock that is expected to do well in the current economic downturn.

A defensive stock for the present economic downturn. One of the consumer product counters with the lowest PE ratio or valuation.

Symlife should report good results for the quarter ending 31/12/19 as more work in progress recognised for Star Residence and Twy projects.

The actual value of TAEnt is RM3.01 per share as the TAGB's assets are not revalued. Tony Tiah is getting 550,539,554 new TAEnt shares at RM0.665 per share. He is paying just a mere 22.1% of the the actual value.

Just from the new shares issuance alone, he is quietly gaining RM2.345 per share or RM1.291bil from this deal.

The actual value of TAEnt is RM3.01 per share as the TAGB's assets are not revalued. Tony Tiah is getting 550,539,554 new TAEnt shares at RM0.665 per share. He is paying just a mere 22.1% of the the actual value.

Just from the new shares issuance alone, he is quietly gaining RM2.345 per share or RM1.291bil from this deal.

@Singh1,

Listing TAGB's hospitality REIT will realise the hidden values of the hotels in TAGB and benefit all the shareholders of TAGB. I think Tony prefers to keep TAGB and TAEnt deeply undervalued and collect slowly at low prices. By this way, he can personally buy the hotel assets at a fraction of its market values.

@Singh1,

Listing TAGB's hospitality REIT will realise the hidden values of the hotels in TAGB and benefit all the shareholders of TAGB. I think Tony prefers to keep TAGB and TAEnt deeply undervalued and collect slowly at low prices. By this way, he can personally buy the hotel assets at a fraction of its market values.

Trading of TAGB and TAEnt will be suspended on 12/2/20. While Tony is trying to solve the TAGB public shareholdings spread problem, he may also involve corporate exercise that may benefit the minority shareholders.

While Tony is trying to solve the TAGB public shareholdings spread problem, he may also involve corporate exercise that may benefit the minority shareholders.

The sales of the education arm which consists of SriKDU, KDU International School and REAL Schools would generate profit of RM487.81mil. After the completion of the sales, they is still another corporate exercise waiting in the pipeline.

The buildings which house University of Wollongong (UOW) Glenmarie, UOW Batu Kawan, KDU College Penang and KDU College Damansara are still owned by Paramount and they are merely rented out to the respective college operators. The premises are kept under one company and eventually the company will be turn into a REIT company. The exercise will again bring in another huge profit when the premises are revalued.

Just hold on to your holdings. Don't worry about holding an unlisted YTLland shares, you are still well protected. YTLland is still a subsidiary of YTLCorp and the company must still follow all the Bursa and SC rules and regulations in their accounting treatment and transactions.

I believe in a few years time, YTLland will be relisted at the full valuation of the company. That is the main reason that the current takeover general offer takes place. Buy at a dirt cheap price and relist it at a price a few times higher than the cost. Don't fall into their trap.

You will be well rewarded if you hold on to your shares. Don't accept the offer and don't sell it to them in the market.

Empire has two gaming facilities in Monticello, Sullivan County, namely RW Catskills and Monticello Raceway. The management has make an adjustment by proposing to shift the old Monticello Raceway facility to Woodbury Commons (a premium outlet shopping mall) in Orange County, New York. This relocation will be beneficial because the premium outlet is much nearer to New York and there are a lot of Asian premium customers. However, all these relocation needs capital and hence fresh funds to finance them.

RW New York (GenM) has a license for slot machines and electronic gaming machines only. RW Catskills (Empire) has a license for slot machines, electronic gaming machines and live tables. Therefore, after the completion of the acquisition, Genting Malaysia will have a full product line-up including slot machines, electronic gaming machines and live tables (Blackjack, Baccarat and etc). Genting Malaysia investment into Empire Resorts should be beneficial to GenM in medium and long terms.

Genting Malaysia has aldy owned a casino, RW New York. A good synergy will be formed between RW New York and RW Catskills. Genting Malaysia has to expand its business to stay competitive and relevant. The two casinos will compliment each other, share database (customer information), share management and achieve improved economies of scale.

RW Catskills just started its operation in February 2018. Furthermore, its other amenities are just starting to be completed. Kartrite Indoor Waterpark has opened its door. The RW Catskills golf course will be opened in 2020. Looking at all these, it is the right time and a good opportunity for Genting Malaysia to invest into Empire Resorts.

I will hold on to my holdings. Even though it is delisted, I don't mind to be a shareholder of an unlisted public company. Don't worry about being a shareholder of YTL Corp's subsidiary. You are still protected under Bursa Malaysia. YTL Corp has to abide to Bursa Malaysia's laws and regulations in the handlings of its subsidiaries.

Paramount maintains its sales target at RM1bil for 2019. It is launching RM784mil of property development for 2nd half of 2019. The projects are in Berkeley Uptown, Kemuning Idaman, Sejati Lakeside and Utropolis Batu Kawan.


https://www.theedgemarkets.com/article/paramount-launch-four-projects-worth-rm783m-gdv-2h19

Paramount gets shareholders approval for selling

- K12 education division.
- KDU University College and KDU College to University of Wollongong

After the sales, Paramount will be focusing on its property development business and possibly venturing into Vietnam, a red hot booming property market for the next 10 years.

https://www.thestar.com.my/business/business-news/2019/07/10/paramount-shareholders-ok-sale-of-education-business/

TunM has brought good news to Ekovest and IWCity. He will bring in good news to FGV.

Market is optimistic now with warmer ties with China.

TunM will be going to Beijing tomorrow. Good news will come. China will buy a lot of Malaysian palm oil.

What time TunM is going to give details and routing on ECRL?

What time TunM is going to give details and routing on ECRL?

Please treat the FGV shareholders fairly. By treating the FGV shareholders fairly, it is in fact treating Felda fairly as Felda is the biggest shareholder. The government should help to grow FGV and by doing so, Felda will be benefited in terms of share price increase and sharing of profit.

If Felda thinks that it is unfairly treated. Then go back to the situation before the IPO in 2012.

Return all the RM10.5bil to the IPO subscribers. FGV returns the Land Lease Agreement (LLA) to Felda.

Show this to Azmin and he will understand.

Extract from Azmin speech,
"Mohamed Azmin said Felda should receive an annual payment of RM248 million plus a 15% share of plantation profit generated from the 99-year lease of its commercial land."

If FGV were to make profit of RM1,248mil before the annual payment.

Felda share : RM248mil + RM150mil = RM398mil or 32%
FGV share : RM850mil or 68%

I think this is a very fair deal as FGV is doing all the job and Felda is only providing the land and "old" trees.
Furthermore, Felda has pocketed RM10.5bil during IPO. Based on interest rate of 6.5%, that RM10.5bil is yielding RM683mil per year.

If we take this RM10.5bil into consideration,
Felda share : RM1,081mil or 56%
FGV share : RM850mil or 44%

In fact, Felda gets more advantages from the LLA.

Azmin has to be fair to both FGV shareholders and Felda settlers. Felda settlers are not the only victims, FGV shareholders are victims as well. Felda settlers did not get what they were promised to receive. The same goes to FGV shareholders. FGV did not perform as what Felda had forecasted in the prospectus during IPO.

The LLA can not be simply amended. It has to get approval from FGV shareholders. The government or Felda has to pay compensation for any LLA amendment.

https://www.klsescreener.com/v2/news/view/514843

With high speed rail, Labu is only about 10 minutes to 15 minutes away to KL.

Nilai Impian and Labu will be the new comercial centre for Negeri Sembilan.

With high speed rail, Labu is only 10 to 15 minutes away from KL.

@kingsleytiu, agree with you. Nilai Impian and Labu will be the new commercial centre in that region.

KL-Singapore high speed rail will have a hub in Labu. The distance between Labu and KL is actually about 48km.

Sime Property's Carey Island is connected with South Klang Valley Expressway (SKVE). Therefore, the infrastructure is good and the expressway will connect Carey Island to Elite Highway, Maju Expressway, Besraya Highway and Kuala Lumpur - Seremban Highway. In the future, it will also be linked to West Coast Expressway once WCE is completed. The accessibility and infrastructure are superb and they will be further enhanced by ECRL.

Sime Property's Carey Island will be a hotspot for Klang Valley development. With now the ECRL rerouted and ended in Carey Island (or the starting point of ECRL if we go from west to east). This RM60bil ECRL project will drive and propel the growth of Carey Island. Sime Property has 11,000ha landbank in Carey Island. Any RM10 per square foot increase in the land price will translate to a profit of RM11.84bil or RM1.74 per share. A RM20 per square foot increase in land price will translate into a profit of RM3.48 per share. Compare this to this price of RM1.15 now.

Sime Property's Carey Island will be a hotspot for Klang Valley development. With now the ECRL rerouted and ended in Carey Island (or the starting point of ECRL if we go from west to east). This RM60bil ECRL project will drive and propel the growth of Carey Island. Sime Property has 11,000ha landbank in Carey Island. Any RM10 per square foot increase in the land price will translate to a profit of RM11.84bil or RM1.74 per share. A RM20 per square foot increase in land price will translate into a profit of RM3.48 per share. Compare this to this price of RM1.15 now.

The New Route passes through 4 Sime Property developments. Namely Carey Island, Serenia, Nilai Impian and Labu. It will benefit Sime Property substantially.

@JJ Chan, what you say about the drawbacks of the "1960 Acquisition Act" is true. However, the Southern Corridor ECRL cuts through new developments especially by Sime Property and Gamuda. Therefore, the plannings of the developments can be done with the consideration of the ECRL in mind.

@JJchan, the current government knows that the cost is too high compared to the benefit that we can get. However, the penalty is too high at about RM20bil to RM30bil to terminate the project. Therefore, they have no choice but to continue the project.

It is still going to Port Klang. In fact, this is a better option as it is passing through the more developed and high growth area of the Southern Corridor. It ends in the proposed RM200bil Third Klang Port in Carey Island.

According to Lim Guan Eng, the northern route through Gombak will cut across the 16km-long Klang Gates Quartz Ridge. The Selangor Government is currently lobbying for the Quartz Ridge to be gazetted as a Unesco World Heritage Site. Therefore, the southern route is a better option.

Rerouting of ECRL

Gamuda and Sime Property will be the main beneficiaries of the rerouting of ECRL through Negeri Sembilan.

https://klse.i3investor.com/blogs/GreenRock/201575.jsp

Gamuda and Sime Property will be the main beneficiaries of the rerouting of ECRL through Negeri Sembilan.

https://klse.i3investor.com/blogs/GreenRock/201575.jsp

Sime Property will be the main beneficiary of the rerouting of ECRL through Negeri Sembilan.

https://klse.i3investor.com/blogs/GreenRock/201575.jsp

Any better views and further information on the effect on FGV financially if LLA termination takes place?

Other than privatisation, the other possibility is Felda may choose to terminate the LLA. In fact, this had been brought up a few times during the previous administration. I think LLA termination will be bad, but privatisation will be good for the FGV shareholders.

@offshore, Velesto should seriously look into buying some existing rigs from overseas as our local demand is so high. At this time, rigs are still cheap in the international market.

If ECRL gets green light and Malaysia buys Chinese fighter jets, China will buy a huge quantity of palm oil in return.

天时地利人和 ！