Saham..... i no confident lah.... i stuck at high price..... but if you look at those figures, news, those contracts on hand ...... 7 sen leh.... do you believe that?
7 sen ace counter can sapu a rm 1.44 billion development and construction government contract. Further nexgram has no development and construction experience, also can get this huge contract. To me, nexgram is mighty..... unbelievable
Hot Stock Nexgram up 7% after units secure offtake deals worth RM1.4 b
By Charlotte Chong / theedgemarkets.com | December 23, 2014 : 4:11 PM MYT Share on facebook Share on twitter Printer-friendly versionSend by emailPDF version
KUALA LUMPUR (Dec 23): Nexgram Holdings Bhd ( Financial Dashboard) gained 7.14% to 7.5 sen per share today on news it had secured two offtake cum sale and purchase agreements with MyAngkasa Bina Sdn Bhd for developments worth RM1.44 billion cash.
At 3:22pm, Nexgram shares pared some gains to settle at 7 sen, unchanged from its previous day’s closing. The counter was among the top active stocks across the local bourse, with some 2.28 million shares changing hands.
Yesterday, Nexgram said its wholly-owned subsidiaries, Nexgram Land and Nextnation Datacity, had inked the first offtake cum sale and purchase agreements with MyAngkasa in which the subsidiaries would sell “Angkasa Icon City” for RM1.15 billion.
“Angkasa Icon City” will be developed by Nextgram Land on a 2.39 ha freehold land held by Nextnation Datacity in Cyberjaya.
MyAngkasa Bina is a subsidiary of Angkatan Koperasi Kebangsaan Malaysia Bhd
Additionally, Nextgram Land had entered into a second offtake cum sale and purchase agreement with MyAngkasa and Top Valley Properties Sdn Bhd for another development for RM297.39 million.
The development project would also be undertaken by Nextgram Land and will be built on a piece of land neighbouring Putrajaya.
Both agreements were entered into following two Memoranda of Understanding (MoUs) entered between Nextnation and MyAngkasa in September.
The MoUs with MyAngkasa was for the proposed joint development of the Cyberjaya and Putrajaya projects.
Nextnation noted that both projects should be completed by the developer and vacant possession delivered to the purchaser within 60 months from the date of approval periods or extended approval periods.
Steveooikp,Nexgram owns the land,designs own building and plans the products,applied for plan approval and sells the building by building it with its capital and creditable purchaser which the bank can trust.
Fam Jenny...... you see, this tpy got few listed companies..... but he really spend good effort in nexgram.... you see winsun, iretex, hytex..... nothing much happen..... what do you think
Cyberjaya is an education hub and is near two Sepang Airports and port sure can appreciate.It is much better than Iskandar projects which are in oversupplied capacity.Office space is short supplied by developers and condominium space is oversupplied in suburban areas.
Steveooikp,TPy better buckup bcos many want to grap control of Nexgram,who knows maybe a new boss is in the pipeline and has this fantastic sales mindset instead of wasting energy fighting Protasco which I hardly heard as a contractor.
Any place that have universities,lrt and airports banks sure will progress bcos parents like to put their children near universities,can save a lot of expenses.So it is good for building residences there and shoplots are good for investment.My two friends bought a three storey shop each in Sepang six years ago for RM680/- near the 2nd airport,now collecting rental ofRM7500/-.
More than 1.5miln jobs being created our unemployment rate is less than 3% over these two years.I believe they are in these IT areas so should look into it.
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....
steveooikp
4,689 posts
Posted by steveooikp > 2014-12-23 15:42 | Report Abuse
Let's why i say...... tpy has to concentrate in nexgram..... confidence mah