and now tun @calvin is promoting election theme stocks. really dont know whether to laugh or not, especially his comments that mbsb-afb merger might not go thru.
The lands were revalued on Janaury 2017. Not sure how much higher can it can go.
Also, do note Johor can really screw them by compulsory acquisitions
"Due to compulsory acquisitions by the Johor State Government and Petroliam National Berhad in 2012 to 2015, the Pengerang land has been reduced from 4,644.09 acres to its current acreage of 1,702.52"
There were no gains on land sale in 2012-2015, so that means these agencies, did not pay much more than book value for them.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3369 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
calvintaneng
56,035 posts
Posted by calvintaneng > 2018-01-08 00:28 | Report Abuse
Take a very careful look at lands in Jurong Island Oil Refinery in Singapore
https://www.commercialguru.com.sg/listing/20170094/for-rent-jurong-island-9-meter-warehouse-epicenter