hmmm interesting observation. then when epf strong buy, share price will go down later?

this is on my watch list. not going in yet... have to see its trend first

later can buy new pants, dont worry

hahahaha...got lah.. the counter has been increasing steadily, today is the 3rd day up.

sold off all. this counter is played by the sharks, and its to their advantage. even the insiders sold way before while retail investors were still buying with all the hype. buy and sell buy and sell, do quick transactions to be safe. better dont hold too long..

they are pressing price down now, later will flyyyyyy...

you got your call KL vin :D

good points sjsoon

appreciate all your logical and well researched comments tommy

Mah Sing plans REIT launch

Jun 14, 2013

KUALA LUMPUR: Mah Sing Group Bhd, Malaysia's fifth largest property developer by revenue, aims to launch a Real Estate Investment Trust (REIT) in five years, comprising commercial assets worth over RM1 billion. The company may look at injecting assets such as malls, Grade A office towers and hotels into the REIT.

Mah Sing now has 31 projects worth around RM28 billion in gross development value. This includes 22 projects under various development stages in the Klang Valley, Penang, Johor and Sabah, and nine that are in the planning stages.

Among its most iconic developments with heavy commercial elements are Icon City in Petaling Jaya, Selangor, Southville City (KL South) in Bangi, Selangor, and Southbay City in Penang.

Mah Sing group managing director Tan Sri Datuk Leong Hoy Kum said the company will hold back assets that are now under construction over the next two to three years.

"Most developers who want recurring income and stronger growth, they will eventually have property investments. And we are looking at that direction," Leong said on the sidelines of Invest Malaysia 2013 on 13 June.

He said Mah Sing will decide on the type of REIT to launch and the assets it wants to inject when the time calls for it.

"When our balance sheet permits and our cash flow is healthy, we will build assets to keep, and form a REIT," Leong added.

- Business Times

got it, thanks mickaelp (Y)

lucky88 - hahaha.. later on they want 3.35 also cannot get from u! hmmmm reading it the 2nd time, headline says affin research, but text says cimb equities research. maybe star made a printing mistake, but doesnt matter lah...since its a buy call anyway with higher TP

GOOD TIME TO START ACCUMULATING NOW!

CIMB Equities Research has upgraded SP Setia to a trading "BUY" and target price of RM4.14 from RM3.35. It said on Friday SP Setia has been a major laggard in the current property stocks rally.

Affin Research said the underperformance, in its view, was largely due to investors' concern on the likely departure of president and CEO Tan Sri Liew Kee Sin in 2014/15.

http://biz.thestar.com.my/news/story.asp?file=/2013/6/14/business/20130614084929&sec=business

Affin Research is maintaining its “Buy” call on Gamuda Bhd with a target price of RM5.29.
http://biz.thestar.com.my/news/story.asp?file=/2013/6/14/business/20130614092346&sec=business

mc - mana ada leh? just share the link here for everyone la? then investors will be more confident over this stock. its not just meant for me.

mc - where did it say dayang is top 3 hotstock ? any link to share?

rebound after hit rock bottom... ~~

where does it say 12 cents dividend with dividend reinvestment scheme? dont see any announcements on this ?

good points BC

stingy aren't they? thats how they get super rich lah

dow is climbing back up fast to positively green

http://video.cnbc.com/gallery/?video=3000175468
"Time to be bullish in malaysia" - 13 June 2013
In CNBC news, malaysian market marked 'overweight'.

bagus sekali~~

all oso no bullets left -_____-

its so strange that in a sea of red, parkson goes up... lol..

TP is sui... too bad alot of ppl panicking and making it fall now ;-(

hmmmmm.....hmmmm.....

must be something good brewing before the AGM... and the insiders know it

as long as TP is high at 5.90 - even 6.87... no fear!

ok necro ... good point taken :-)

its a huge drop.. puts the price back to november 2012
looks attractive, but dont have much info on this counter. will do some research first

just sold... cannot be greedy :-P

still red la

at the very least its slow and steady, not like klcc reit... going up and down like nobody's business

a drop on ex date just shows investors have not much confidence in the counter else they'll all be eating it up right now

there's some nitty gritty on various management fees for this. looks costly to me. rather invest with cash than epf

really torn about this one. positive is tony's excellent promotional campaign. negative is the airline industry is getting more and more volatile, plus aax had losses in 2012

makes me more cautious about going in to get AAX ipo now

timedotcom investors will be getting their free digi shares on 12/6/13
probably alot of digi shares selloff then?

LOLLLLLLL 1 sen...

KUALA LUMPUR: AirAsia X Bhd's initial public offer (IPO) of up to 790.12 million shares, which includes the issuance of new shares, will see its market capitalisation increase to RM1.145b at the indicative retail price of RM1.45 a share.

In its summary prospectus issued on Monday, AirAsia X said the enlarged paid-up would be 790.12 million shares comprising an offer for sale of up to 197.53 million existing shares and a public issue of 592.59 million new shares.

AirAsia X said the total floatation exercise would include the sale of 197.53 million existing shares and 592.59 million new shares. The institutional offering would involve 538.01 million shares while the retail offering would be 252.11 million shares.

The listing exercise would enable AirAsia X to raise RM859.259 million from sale of 592.59 million new shares at an indicative retail price of RM1.45 a share.

Of the gross proceeds of RM859.259mil, it said RM280mil would be used a capital expenditure, another RM285.81mil for repayment of bank borrowings while RM255.45mil would be used as general working capital and the remaining RM38mil for listing expenses.

For the first quarter ended March 31, 2013, it recorded revenue of RM535.27mil while for the financial year ended Dec 31, 2012, its revenue was RM1.283bil.

For the first quarter ended March 31, 2013, it reported net profit of RM50.19mil while for the financial year ended Dec 31, 2012, it reported earnings of RM33.85mil.

Who's buying in???

hehehe, the explosion is just my humble wish

tommy no need to collect already la..just let it explode like a volcano :D

dont forget the free timedotcom digi shares that will be flooding the digi counter

hopefully it goes up, tired of waiting

seems to be slowly picking up

maximus should give an update, afterall he keep on insisting TP is more than 0.25 by end of this week

dah masuk

spread throughout property, construction, o&g, retail, reit counters. major pain is klcc..had such high hopes for it but what a let down for now

good info yong