Posted by bulleye > 2013-07-28 21:01 | Report Abuse

ksl is definitely an undervalue company due to its low profile management team. The company has been expanding their landbank and creating recurring income for the past few years. Its a steal to buy at the current price base on the future development on their superior landbank, KL-Singapore high speed railway and iskandar story.

Posted by inwest88 > 2013-07-28 21:19 | Report Abuse

The only lacking issue is that the company is not paying any dividends.

Posted by bulleye > 2013-07-28 21:24 | Report Abuse

The company cannot afford to pay dividend for the last two years as they use the cash as working capital for the ksl city project and increase the landbank. and the effort paid off in the annual result FY12 and the next few years i believe.

Posted by bulleye > 2013-07-28 21:28 | Report Abuse

the cash is also used to repay their debt. next few years would be a record breaking year as KSL has kickstarted the Klang project

Posted by inwest88 > 2013-07-28 21:32 | Report Abuse

thanks for the iformation