It has been gradually inching up back to above 30 sen. Hopefully it could climb further since its NTA is 60 sen.

It will go much higher if there is a proper research report and TP issued by established research houses like HLG Research.

GOB's next few quarters' results will be fantastic since its unbilled sales may probably exceed RM1 billion with the latest RM488mil sales of da:men mall. Hopefully it could climb up to RM1.00 by next March. Let's see and time will tell. $$$$

On the way to 71 Sen???

http://www.dealstreetasia.com/stories/malaysia-pavilion-reit-to-acquire-damen-usj-mall-for-115m-12724/

Phase 1 of Foresta is due for completion by March 2016. So L&G is likely to recognize and report fantastically good result again for the current financial year.

http://m.thestar.com.my/story.aspx?hl=CMMT+to+raise+RM316m+from+units+placement&sec=business&id={EA173204-8AD8-48B5-9583-281B647BD9BA}
Money from CMMT can be expected to come in by month end.

http://www.theedgemarkets.com/my/article/land-general-acquire-pembinaan-jaya-megah-rm90m

http://klse.i3investor.com/blogs/the_edge_insider_asia_stock/70802.jsp

http://www.theedgemarkets.com/my/article/land-general-4q-profit-plummets-578-lower-property-revenue

Really pity on those who had bought this upon reading the research report by Kenanga.

Eco World 2 in the making?

Unconfirmed source: 6 sen dividend is on the way with final quarterly result???

http://m.thestar.com.my/story.aspx?hl=Tropicana+Corp+sells+entire+stake+in+explosives+producer+for+nearly+RM200m&sec=business&id={3FA5D649-8C49-4556-AF51-5D46624CC09A}

Bonescythe, a big thank you for your great report today that has given a big boost to this counter. Cheers and have a nice weekend.

Icon8888, we would appreciate it if you could write a report on Tropicana and share your thoughts on the potential or outlook of this company. Thank you very much. Cheers.

At 50 sen, this company is now valued at RM535mil in market capitalization. However, its cash in hand is > RM400mil. So, all the sellers now offer a great opportunity to the Hong Kong major shareholder to privatize this company cheap cheap say at around 65 sen per share...??

Danny Tan is way behind and has a lot to learn from Liew Kee Sin why analysts are more bullish on Eco World than Tropicana despite Eco World delivering miserable net profits in the last 2 quarters. Eco World's market capitalization is way bigger than Tropicana's. http://www.theborneopost.com/2015/03/21/eco-world-on-track-to-achieve-rm3-bln-in-property-sales/

New shareholder coming in to kick out the present sleeping directors??

The engine has finally warmed up!

Salcon is inching up slowly. The real push up should be on the way.

This company is highly likely to report RM80 net profit for FY 2015 predicated on its Wangsa 9 condo project and its RM1.8 bil contracts order book. So, TP of RM2 is not unrealistic.

Hoping to see great Q4 result with huge extraordinary gain from Tropicana tonight...

Still lack of power.....hopeless hongki counter .......

http://goodplace.my/blog/wangsa-9-residency/

http://goodplace.my/blog/bora-residences-trec-dc-residency-nadayu62/

Wouldn't be surprised to see this company registering at RM60mil each year for the next 3 years

Isn't it now the good time to privatize Guoco Land? What's the major shareholder waiting for?

http://propcafe.net/astoriaampang-lg/

Its profit growth will be driven by its Concerto, Hometree and the soon to be launched Medini projects.

http://www.tropicanaaman.com.my/

Hopefully its RM170mil gain from the land disposal to Eco World could be booked in 2014 result.

Ringgit has depreciated a bit lately due to drop in oil prices & concerns on our economy. So, would people choose to park their money and invest in properties again instead of seeing their ringgit drop in value?? So, Forests 2 may see good response upon launching

Now could be the best time for the major shareholder to take this company private by offering a small premium on top of the current weak share price of RM1.24 since the company's assets have been way undervalued according to some earlier research reports. Again the major shareholder may be laughing now as the minority shareholders keep selling lower and lower every day...

At 58 sen now, the company is valued at about RM 600 mil based on its market capitalization. However, it has made RM 90mil for 6 months ended 30 Step 2014.
Thereotically, it should have another RM 100mil profit that can be derived from its existing Foresta phase 1 for which the land cost should be very low or cheap. This estimated RM 100mil profit should be recognised and sustain its earnings for the next 3 or 4 quarters.
Moreover, it should launch its Seremban landed development, Foresta phase 2 and The Elements 2 soon next year to sustain its earnings for the next 3 years.
So, this company is at least worth watching as its PE is pretty low and it has good profit growth potential.

http://www.nst.com.my/node/57409?m=1
Mitrajaya may be considered as an undervalued property counter

http://www.nst.com.my/node/57409?m=1

http://www.nst.com.my/node/57409?m=1

Its cash holding is > RM 400 mil !!!!!

http://klse.i3investor.com/blogs/KLCI/64522.jsp

It will be good just to see it inching up a few sen each day for a week or so.

Given the exciting potential of Mitrajaya based on the above articles, I wouldn't be surprised to see the share price to climb above RM2 when it reports its fourth quarterly result and launches its RM1.5 billion project in Puchong next year. Exciting!

The major shareholder has put in so much effort to secure so much projects over last one year. Obviously he also needs a little bit of time to convert the projects into big profit for the company. When the bigger profit is announced over the next few quarters, chances will be high for the share price of this company to move higher and higher. So, this counter is likely to reward the longer term investors handsomely.

http://m.thestar.com.my/story.aspx?hl=Mitrajaya+bags+RM402mil+job+from+UEM+Sunrise&sec=business&id={F37014CA-82C1-49CF-8C89-80EAE615EC16}

88 sen

https://forum.lowyat.net/topic/2817370/all

Based on the progress of its two projects namely Concerto and Home Tree alone, chances are high that this company may see its earning to shoot up to RM50 mil in the current FY. So, it will not be difficult for this counter to climb above RM2 by Feb 2015

It appears that the company delivers what it has said or indicated earlier. It secured another RM270 mil construction contract last month. So, it is likely for it deliver fantastic earning growth again for the next 3 years.

http://klse.i3investor.com/blogs/gemdigger/59861.jsp

If LBS is required to spend a few hundred million dollars to build another international racing circuit for the municipal government before it can develop or sell the ZIC land, then it may not be able to extract much value from the ZIC land. Furthermore, this may take another 2 or 3 years' time, not to mention that LBS may first have to source the approval and money to develop a new racing circuit. So, there are still uncertainties especially involving China laws & regulations that LBS directors or the research houses need to clarify.

Otherwise, the investors may have to wait for a long while. Meanwhile, there are also many other undervalued property companies with less uncertainties to be considered too.