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7 comment(s). Last comment by Thomas0248 2019-09-13 09:26
Posted by calvintaneng > 2019-04-12 22:54 | Report Abuse
As Reroute map has surfaced the rail alignment will pass through Kuala Klawang, Jelebu, Kajang, Bangi & Putrajaya and onward to Port Klang
Asiapac also has a freehold plot of land in Semenyih about 94 acres in size
Note this:
Semenyih is only 9km from Kajang while Labu is about 16km to Bangi
So Asiapac assets also will benefit
Posted by Destiny88 > 2019-04-13 06:28 | Report Abuse
Now one ECRL confirmed positive to Asiapac
Still got HSR and Aviation hub ...
I collect quite a lot during panic selling in 2nd half.
Although it average up the price, but I am very confident about future of Asiapac .
Asiapac an undervalue GEM !
High NTA 96c around 90% discount.
Consistent earning and low PE only PE 4
High ROE
Potential Revalue of land bank by HSR and ECRL
Director acquired at high price
Good company indeed.
Posted by calvintaneng > 2019-04-13 12:46 | Report Abuse
HOW LANDS CAN UNLOCK VALUE
1) GOVT MIGHT ACQUIRE SEMENYIH LANDS AND COMPENSATE ASIAPAC WITH CASH WINDFALL
THEN ASIAPAC CAN GIVE OUT A NICE DIVIDEND
2) AS NEWS OF ECRL PASSING THROUGH NEGERI SEMBILAN THERE WILL BE COMPANIES LOOKING TO BUY LANDS THERE. SURE PROPERTIES OF ASIAPAC WILL APPRECIATE IN VALUE AS DEVELOPMENT COMES BY WAY OF
a) ECRL
b) AVIATION HUB
c) HSR BY MAY 2020
3) OR ASIAPAC COULD DEVELOP THESE LANDS INTO APARTMENTS OR SHOPPING MALLS IN FUTURE
4) ASIAPAC HAS OTHER INCOME GENERATING ASSETS LIKE IMAGO MALL & CAR PARKS. AT 3.71 OVER 16 SEN IT ALREADY GIVE US A NICE YIELD OF 23.2%
THIS IS ABOUT 7X BETTER THAN PUTTING IN BANK FD
5) AND LONGER ASIAPAC KEEPS THESE LANDS THE MORE VALUABLE THEY WILL BE IN THE FUTURE
ASIAPAC IS A STOCK FOR VALUE INVESTORS
IT IS ALSO A CYCLICAL STOCK
AND YOU MUST KNOW WHAT YOU ARE BUYING INTO.
NEXT YEAR ALSO WILL BE VMY 2020
SO THERE WILL BE ANOTHER INVESTMENT THEME PLAY TIME COMING FOR TOURISM STOCKS. AND ASIAPAC'S IMAGO MALL IS THE BIGGEST MALL IN KK CURRENTLY
https://www.tripadvisor.com.sg/Attraction_Review-g298307-d8012193-Revi...
AND 84% OF THE PEOPLE VORED EXCELLENT TO VERY GOOD FOR IMAGO MALL
THUMBS UP!!
Posted by Destiny88 > 2019-04-13 20:30 | Report Abuse
Good for investor in Asiapac
Posted by calvintaneng > 2019-04-14 14:22 | Report Abuse
I just checked up again on Asiapac Balance Sheet
VERY VERY HEALTHY
1) ASIAPAC HAS RM1.27 IN INVESTMENT PROPERTIES (IMAGO MALL INCLUDED)
2) IT HAS RM300 MILLIONS BORROWINGS LESS CASH
IT IS VERY NORMAL TO HAVE LOANS FOR PROPERTY PURCHASE
IN THIS CASE DIVIDES RM300 MILLIONS BY RM1.27 BILLIONS = 23% LOAN
MANY PEOPLE BORROW 70% TO 80% SOME UP TO 90% LOAN FOR PROPERTY
SO 23% IS VERY OK
ANOTHER THING ALL MISSED IS THIS
ASIAPAC HAS RM700 MILLIONS IN RETAINED EARNINGS
SO ASIAPAC ON ITS OWN IS ALREADY ROCK SOLID!!
No result.
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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
56,119 posts
Posted by calvintaneng > 2019-04-12 22:49 | Report Abuse
Hi guys
One fellow investor who bought lots of asiapac shares has translated this article into Chinese