how much profit they can earn from the project? all profit will only go to developer and they will only take small amount of JV commission. not forgetting that this is 70% subsidiary only.
All guess wrong. The contract owners always take 10%-20% at most. Looking at 20m next year and 20m next next year then good for n investors already. If get more contracts later all bonus already.
This room is getting active.. NG has reasons to take off now. If can maintain 0.06 cents is a clear positive sign. Short term shall reach 0.08. All of us have been waiting too long to see NG alive again!
Blue Hill Development Sdn Bhd, an indirect 70%-owned subsidiary of Nexgram Holdings Bhd, has established a joint venture with Suara Hati Sdn Bhd for the development of PR1MA homes in Gombak.
The company announced it had accepted a letter of intent from Suara Hati for the proposed construction of 1,138 units of homes comprising double-storey houses, apartment units and 20 retail units.
The development will sit on 49.43 acres of leasehold Malay land.
Separately, Blue Hill Development said it has also accepted a letter of intent to be the main subcontractor for the proposed construction of 462 apartment units in Bukit Katil, Melaka.
The project coordination and project management roles will be taken up by Good View Construction Sdn Bhd. The proposed contract work falls under the 1Malaysia Civil Servants Housing (PPA1M) scheme.
The small constuction project will give next few months head start. Follow by the bigger ones. Will take time 1-2 years for construction business to book profit. So has 1-2 years slowly play.
IT'S NOW OR NEVERRRRRRRRRRRRRRR TP 20 SEN SHINE again ! GO FOR SONS ( warrantss ) for HIGHEST JACKPOT NEXGRAM WB 100 % jackpot edi , WC 50 % solid jackpot when NG HIT 10 SEN , WA 7 SEN , WB 6 SEN , WC 7.5 SEN
The Project consists of 1,138 units of PR1MA Homes comprising double storey houses, apartment units and 20 retail units together with all necessary amenities, utilities, facilities and infrastructures. >>>>>>>> PR1MA one units value at ard 268,000....if main subcon can get 50% and subsidiary is 70%...then gross profit will be ard 0.1 B ....
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....
DRwarrant
8,354 posts
Posted by DRwarrant > 2016-10-13 14:47 | Report Abuse
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