If you look at the map on page S8 of the Seberang Perai special report, you can see that GOB has 73.34acres of commercial land. From my understanding GOB will have a few service apartments/condominium blocks, a mall, office tower and possibly a hotel for recurring earnings. This will be launched once IKEA is established. And these development will have a green lung which is the theme park(eco park) next to it. You can bet that these projects will do very well.
any target prices by research houses? if no then we can discuss here with the experts on GOB....how this stock going to perform next friday,,after strong surge on friday... so for newbies who want to buy this stock,,should they chase this stock,,or wait for some minor correction after the friday surge?? any oppinion members out there?
If your holding period is 2 to 3 years, I think you will easily more than double your investment. By that time, DaMen mall is up providing recurring earnings. Thier Batu Kawan projects and JV with Lembaga Getah wil be in full swing. And if what RHB reported is correct that they will dispose off DaMen to Pavillion REIT for RM500-600m (> RM1 diluted share), this will put GOB is an extremely comfortable position.
Aiyo this one is all old info. Don't write if you have nothing new lah. Don't kill off the interest of the market. And now share cannot move. Stupid fella....
Hi Icon8888, Your article (GOB Part 6 Best of the Best) really makes alot of sense. Cross check against TheEdge report on 21st Apr'14 and the facts tie out. Thanks for the good work.
This is a very very old information. Don't confuse ppl and write old news. This news is just rewritten and search you will find even before bridge is open and the big investors are laughing at 2censt
@ icon8888, need your advice about portfolio balancing. Currently, i have 2 counters under my belt - Tambun Indah (TI) and Malton. Been waiting patiently on the sidelines to load on GOB.
About TI - its current market price is RM2.04 (today's close). If its fair value (as touted by RHB Research) is RM2.20, there is a potential profit of RM0.16. This is the opportunity cost for selling TI.
I am thinking of selling off TI and waiting to load GOB when the price of GOB drops to below RM1.10. If GOB has risen way above my budgeted entry price of RM1.10, then, maybe i will just recoup the profit from Malton.
All i wanted is to have additional bullets when GOB drops to below RM1.10. For me, i think market sentiment for GOB is hyped up and the price may drop in the future.
kancs, I am afraid I am unable to advise you on your strategy.
My style is different from yours :-
(a) Firstly, I don't aim for small percentage gain. I always aim for 100% over three years.
(b) Secondly, I don't go in and out. Once a stock reach my target price (usually is 100% gain), I will sell the entire block and walk away. I don't keep bits and pieces for sentimental value. And also, I don't sell, wait go down, then buy again, then sell again when it goes up... etc. Once I sold, I never look back
You can see that my style above is different from yours, Since I never practise your ways, I don't think I am in a position to advise whether it makes sense or not
Referring to Adamlanbert and Top Investor comments that I am presenting old news for Part 6, I would like to apologize to this two ladies / gentlemen for writing on something they already know so well. The reason I wrote it is because it is actually new info for me. I have not been actively researching Seberang Prai property until recently I bought GOB. Anyway, I think the info could be useful for a lot of other readers who like me, is not so familiar with the subject
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
james70
327 posts
Posted by james70 > 2014-04-20 14:23 | Report Abuse
If you look at the map on page S8 of the Seberang Perai special report, you can see that GOB has 73.34acres of commercial land. From my understanding GOB will have a few service apartments/condominium blocks, a mall, office tower and possibly a hotel for recurring earnings. This will be launched once IKEA is established. And these development will have a green lung which is the theme park(eco park) next to it. You can bet that these projects will do very well.