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5 comment(s). Last comment by ks55 2024-03-23 17:26
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 2024-03-05 17:37 | Report Abuse
The low PE for KSL is appropriate.
Posted by ks55 > 2024-03-23 17:04 | Report Abuse
KSL share price cannot move because Directors won't pay dividend to minority shareholders, but paying millions and millions to themselves.
10 sen dividend will be good enough to make share price at 4 ringgit justifiable, based on PE 10.
Posted by ks55 > 2024-03-23 17:07 | Report Abuse
Surely Crescendo can move up to 4 ringgit by next Friday, profit from daily operation is 20 sen per share, but we are expecting Crescendo to declare 20 sen dividend a share by Friday.
Posted by ks55 > 2024-03-23 17:26 | Report Abuse
Why housing price started to move up since last year?
One very important reason is many young people were holding back since 2016 when DIBS bit back really hard starting from that year. Since then, 7 long years passed and property prices were sliding downwards non-stop. It was in 2023 most developers bite bullet offering discount between 25 to 35%.
For many young people who could have bought houses 7 years ago are now at 37 or 40 years old, they are earning more now and can get more housing loan. They are not buying one, but 2 or 3 more for investment. These buyers are matured enough to take note housing price already at rock bottom and hardly fall any more. As matured investors, they also notice rental have moved up by 10% in 2023, further 10% increase in 2024, to be in tandem with regional rental.
House price is moving up for sure. How much increase will depends on wages, building material like cement and steel, cost of petrol/ diesel, hike in sale and service tax from 6 to 8%, land price appreciation, and statutory requirement for PPR, Rumah Selangor Ku etc.
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CS Tan
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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....
Callmejholow
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Posted by Callmejholow > 2024-03-05 13:02 | Report Abuse
everyday trying to push KSL