That's right freeman. If they set the rights and exercise price at RM0.50, you will stand to make a windfall around RM8k assuming the warrants open at RM0.40 base on the current price of RM1.08.
@ icon8888 / james70, Need your advice on Da'mein. According to the circular, Da'mein is about 44% completed and the office block + residential component is about 95% sold out.
Just asking, have we started to see the impact of Da'mein in FYE 31st Mar'14? According to the circular, DaMein is already 44% completed. Hence, progressive billings should have kicked off for both the office block + residential component and by right, this should have been booked into FYE 31st Mar 2014.
What is your take on this? In short, are we seeing any earnings contribution from Da'mein for FYE 31st Mar 2014?
Helen tan I haven't made up my mind whether to attend AGM
Kancs regarding your question, may be you can ask GOB during AGM.
But my guess is that coming quarter results will be good. This is because the rights will only be implemented by November. Based on my experience, company who does rights issue will make sure result is good
Icon, i think u should go for the Gob agm. You have put in your huge effort and time in produced this 9 chapters of Gob homework. It is now jus like your baby, grow as per time past. Could you just miss this important timing?
Helen as a long term investor, I don't actually need to bother about the latest development, as long as I believe that the company is heading in right direction.
Icon8888 you are really sick setting up an account called Helen and talking to yourself....only 2 posting who are u kidding. I thought you say ppl with only 1 to 2 posting you won't respond. Why this one so special? Hahahaha it's yourself.....hahahaha sick fella. Most of you blog writing don't get sambutan lar....maybe that's why you need Helen....LMAO Stock: [GOB]: GLOBAL ORIENTAL BERHAD Aug 4, 2014 06:13 PM | Report Abuse
Icon, i think u should go for the Gob agm. You have put in your huge effort and time in produced this 9 chapters of Gob homework. It is now jus like your baby, grow as per time past. Could you just miss this important timing?
Stock: [GOB]: GLOBAL ORIENTAL BERHAD Aug 2, 2014 11:28 PM | Report Abuse
Sian lah, price go up a bit the joker comes out to talk a whole load and the price goes down again and again......just shut up lar Icon.....we want to enjoy GOb than your rubbish of wanting to go or not to AGM.....
Haha..alex, I got in at 1.03 and recently, 1.10. Today's closing 1.06. I'm looking at its prospect at Batu Kawan development and most recent news on the rights issue. Net assets per share is also about RM1.28. So...all the best to GOB investors
1.1 at its resistance level. ..if tomorrow close above that. .then will test 1.15 ... Nonetheless. .sea gateeexpanding at Batu kawan is really a good news. ..The only risk is it become like kulim. ..
Don't worry mate. Batu Kawan is just a stone throw away from Penang island which is sort of a hinterland if you might. It is just 20 minutes to Penang Island via the second link. And not to mention Batu Kawan will be having the following big guns - IKEA, University of Hull, KDU, a premium outlet, theme park, golf course, international school, industrial park (Honda, Bose, Sandisk , Seagate - more to come....) and is basically the first planned city in Penang.
As a Penangite, I cannot see how Batu Kawan might end up like Kulim.... In addition, the state government has alot riding on Batu Kawan.
A thing to hope for is that GOB will convert its 350 acres of Batu Kawan land to freehold. Just a conversion itself will send its share price flying through the roof. Another concern is the strong competition from Tambun INdah which is 20 minutes away from Batu Kawan (all of its land is freehold), although both is essentially a different township.
if not mistaken, Malton project for Batu Kawan is likely to be one or two years behind GOB. Meaning that if you buy Malton just solely to ride on the Batu Kawan project, you may need to wait for a few years for the cash flows from Batu Kawan to contribute to the EPS. Hopefully, someone can advice on that...??
no TP. if considered rolling four EPS or 3.37, 3.78, 8.32 and upcoming (8 maybe?), total EPS of 23. At PE of 7-7.5, GOB should worth 1.7. lolz... Just being optimistic... @@
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james70
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Posted by james70 > 2014-08-02 12:47 | Report Abuse
That's right freeman. If they set the rights and exercise price at RM0.50, you will stand to make a windfall around RM8k assuming the warrants open at RM0.40 base on the current price of RM1.08.