Posted by luckyman > 2012-01-13 08:18 | Report Abuse

OCBC's loan is an endorsement of saleability & viability of its Damansara Foresta condominiums. The project was soft launched last weekend and received overwhelming response. This company is poised to show good numbers in the next 3 years. So it is the start of its new phase of growth. For this company after so many years of quiet moments.

Posted by valueinvestor > 2012-01-19 22:34 | Report Abuse

The fantastic sales response and achievement of its first 2 blocks of Damansara Foresta Condominiums confirmed OCBC's accurate judgements. The sales achievement will translate into near future profitability of the company and eventually the upward price movement of its shares. It is a counter for medium and long term investors. :-)

Posted by luckyman > 2012-01-20 08:33 | Report Abuse

Another good counter worth watching or investing in 2012. Gong Xi Fatt Chai!

Posted by valueinvestor > 2012-01-25 13:04 | Report Abuse

For medium and long term investors who want to double their money in a year or two, the following article is worth reading:-

http://www.starproperty.my/PropertyScene/PropertyScene/18490/0/0

Based its current market capitalization, the company is merely valued at around RM230 mil @ RM 0.38 per share but it stands to reap a total profit of in excess of RM 300 mil in next few years based on the massive GDV of its projects. More importantly, it should start reporting good profits in the next 2 or 3 quarters. So, it may be worthwhile to start investing slightly earlier :-).

http://www.theedgeproperty.com/news-a-views/9266-pent-up-demand-for-condos-augurs-well-for-lag.html