Posted by kancs3118 > 2015-09-18 14:15 | Report Abuse

@ hng33, good point....about Tropicana vs LG vs GOB...

let haters be haters lah...i doubt anyone of them know where is Batu Kawan (friendly stone) located at....if they just care to spend about 4 hours to travel down to Penang Second link - they can find GOB's Batu Kawan land is located 10 minutes (maximum) from Penang Second Link.

It is no coincidence that Malton also has a JV running at BK.

I believe now GOB + Malton is having tarik session on how to develop their crown jewel Batu Kawan Land.

I also doubt these haters have any idea how Penang state government is going to make Batu Kawan to be Penang's next metropolitan city.

Posted by albukhary > 2015-09-18 14:25 | Report Abuse

GOB is a very good and very attractive counter to buy.
However, I feel that Syndicate still in accumulation stage, that's why they press the share price.
As long as all of us still holding the share, syndicate will not let it fly.
If all of us not willing to throw, then it wont fly.
This is truth, and nothing much we can do.

Posted by paperplane2 > 2015-09-18 14:31 | Report Abuse

going down,haha

Posted by hng33 > 2015-09-18 14:36 | Report Abuse

Bought more at 50-50.5sen to average down

Posted by hng33 > 2015-09-18 14:57 | Report Abuse

Since GOB yesterday have up so much, today it just need to absorb sell pressure from those profit taking. Malton, GOB related stock also start moving now

Posted by chankp7010 > 2015-09-18 15:10 | Report Abuse

Bought at RM0.505 . Please read article written by faye Tan's: "GOB to hit 71 sen by end of this month" under the Blog Headlines on Friday 18th September, 2015. Very insightful information for those who are not acquainted with GOB and the impact of the proposed sales of USJ mall.

Posted by kancs3118 > 2015-09-18 15:16 | Report Abuse

@ chankp7010 : where is the link to Faye Tan's blog?

Posted by hng33 > 2015-09-18 15:18 | Report Abuse

here you go the link http://klse.i3investor.com/blogs/genzinvestor/83143.jsp

Posted by hng33 > 2015-09-18 15:19 | Report Abuse

hahaha, only the idiot like paperplane2 dunno what is inside

Posted by hng33 > 2015-09-18 15:24 | Report Abuse

hahaha, of course, luck is will come and with someone do homework and know what is inside :D)

Posted by kancs3118 > 2015-09-18 15:36 | Report Abuse

wait until things died down abit - then, i wanna hentam the warrants...

Posted by kancs3118 > 2015-09-18 15:37 | Report Abuse

@ hng33, what do you think of the warrants?

Posted by chankp7010 > 2015-09-18 15:38 | Report Abuse

Just image instead of 48 sen dividend as suggested by faye Tan, say even 20 sen dividend declared will definitely boost up the share price! Furthermore, rerating is coming soon for GOB provided the sale of USJ mall goes Through.

Posted by hng33 > 2015-09-18 15:41 | Report Abuse

kancs3118

I prefer GOH than its warrant as it conversion a bit too high. If GOB resume declare regular dividend onward instead of opt for just one off special dividend, warrant conversion will not be adjusted.

Posted by hng33 > 2015-09-18 15:56 | Report Abuse

kancs3118

I know you are longer term investor here, and have entitle GOB last year warrant. what is your average cost?

Posted by DreamGladiator > 2015-09-18 17:07 | Report Abuse

How far can go ah, this one ...

Posted by DreamGladiator > 2015-09-18 17:09 | Report Abuse

Someone saying 71 ...

Posted by hng33 > 2015-09-18 17:15 | Report Abuse

kancs3118

80sen !!?? but your cost should be lower if take into account right share at 50sen and free warrant, right?

Posted by ryan7642 > 2015-09-19 11:49 | Report Abuse

Special dividend soon??$$$$

Posted by paperplane2 > 2015-09-19 12:20 | Report Abuse

Can see can't eat! Money willnot flow into your pocket!

Posted by ryan7642 > 2015-09-19 14:21 | Report Abuse

U buy it ma flow to yr pocket soon lo b4 they announce lolll..

Posted by luckyman > 2015-09-19 17:09 | Report Abuse

http://www.dealstreetasia.com/stories/malaysia-pavilion-reit-to-acquire-damen-usj-mall-for-115m-12724/

Posted by opteron82 > 2015-09-19 22:26 | Report Abuse

http://windscopo.blogspot.jp/2015/07/gob-21-7-2015opteron.html

Posted by kancs3118 > 2015-09-20 18:10 | Report Abuse

My apologies...after the disposal of da'mein, net cash from the sales proceed should be more than RM78M.

This is because
RM488M
need to deduct the property development costs
Tax is computed after this line...hence, tax is supposedly to be lower....thus increasing the net cash (to be more than RM78M).

Posted by fayeTan > 2015-09-21 12:15 | Report Abuse

kancs3118, net cash after sales is RM321m. GOB will receive the RM488m in cash. The selling price already incorporated the property development costs (sunk in cost). For full calculation, refer to my blog

http://klse.i3investor.com/blogs/genzinvestor/83143.jsp

Posted by tailwagsdog > 2015-09-21 12:19 | Report Abuse

.
If there ever will be a special dividend, it will not be until the sale is completed. This will be well into next year. By that time the market may have gone to west sky.

Posted by kancs3118 > 2015-09-21 12:29 | Report Abuse

@ FayeTan, went through your computations. Indeed, it seems you have added the existing cash on hand (before the sales of Da'mein of $488M). So, if looking at that point of view, you are right. For me, i just look at $488M sales and not looking into
- the existing cash on hand,
- and the proceeds from the disposal of the 2x leasehold land at Seri Kembangan.

Also, i think you need to factor in corporate tax at 25%. Even though the property development costs for Da'mein is treated as sunk cost, yet this is deductible against the sales proceeds of $488M to reduce the tax liability arising from the disposal.

Posted by bukithot > 2015-09-21 13:24 | Report Abuse

how come back to square one....

Posted by davidkkw79 > 2015-09-21 13:58 | Report Abuse

wait it back to 0.45

Posted by stocking > 2015-09-21 15:11 | Report Abuse

if back to 0.45, i will be happy to collect more.

Posted by ppginvest > 2015-09-22 00:18 | Report Abuse

damn... I bought at 0.51 :(

Posted by stockstrader88 > 2015-09-22 08:43 | Report Abuse

Need some time to unlock its value. Batu Kawan will be next gem.

Posted by stockstrader88 > 2015-09-22 08:51 | Report Abuse

Don't worry if you didn't book your profit last week. There will be another chance. Expect big corporate exercise soon from the proceeds of last few assets sales transactions. It might correct further but it will come back again later.

Posted by stockstrader88 > 2015-09-22 08:58 | Report Abuse

You might want to sell now if you expect profit to come in next few days. Can slowly accumulate more during correction if you want to see big profits in long term.

Posted by stockstrader88 > 2015-09-22 09:55 | Report Abuse

Faster sell now if you plan for profit in next few days.

Posted by hng33 > 2015-09-22 10:22 | Report Abuse

Its Seem GOB can stand above 50sen, then, more upside is expected :D)

Posted by stockstrader88 > 2015-09-22 10:31 | Report Abuse

There is a risk that you might be trapped!

Posted by hng33 > 2015-09-22 10:44 | Report Abuse

stockstrader88

Time will proved whether its is trap or not, if GOB share price still trade sideways below 51sen for next 6 month or after completion of Da'men in Q1 2016, then it can only consider trap.....a value trap.

Posted by chankp7010 > 2015-09-22 10:52 | Report Abuse

For those who are interested to invest in GOB, please check GOB's website to learn more about the company's operations and performances. Regarding the recently published sales of USJ mall for RM488/- millions to Pavilion, there are 480 units service apartments (Tower A already completed 20th Floor and Tower B up to 12th Floor) and 68 units of shops/offices (5-6 storeys) within that 8.98 acres of freehold land development but not meant for sale to Pavilion. How much is the profit earned from sale to Pavilion REIT, GOB has yet to inform SC but it should be substantial in the regions of over 90 millions.

Posted by stockstrader88 > 2015-09-22 10:58 | Report Abuse

It might fall back anytime soon

Posted by hng33 > 2015-09-22 11:04 | Report Abuse

stockstrader88

There is no need to keep curies share to lower with or without to intention to buy at lower price...selfishness cannot give you anything here.

Posted by hng33 > 2015-09-22 11:07 | Report Abuse

Momentum getting stronger now :D)

Posted by fayeTan > 2015-09-22 11:08 | Report Abuse

GOB is a value play and my valuation of 71 sen is based on net cash (most conservative method). Theoretically, no company should be valued less than its own net cash.

Posted by hng33 > 2015-09-22 11:10 | Report Abuse

fayeTan

That why is call hidden gem....awaiting to recover by market and unleash its true value :D)

Posted by ppginvest > 2015-09-22 11:10 | Report Abuse

shit, I just sold and it shoots up

Posted by hng33 > 2015-09-22 11:18 | Report Abuse

ppginvest

You must be another fall victim affected by those selfishness here to curies share lower with intention to buy from you at lower price.

Posted by chankp7010 > 2015-09-22 11:22 | Report Abuse

I forgot to mention also there are many projects undertaken by GOB, all of them are well supported and within Klang Valley. Please check GOB"s website for further details on its operations and performances. Somehow, after reading through the website, I felt strongly that this Company is well managed and I also believed that soon shareholders will see dividend forthcoming.

Posted by hng33 > 2015-09-22 11:32 | Report Abuse

chankp7010

To be more conservative, just court its cash, need to exclude landbank revalue surplus, and just peg its landbank at its book value instead of market value....unless, GOB disposed it for gain. GOB will gradually develop the land, extract value with better profit margin in future.

GOB current project should be able to support its earning visibility for next few year as most of them are well strategically located.

Posted by ppginvest > 2015-09-22 11:41 | Report Abuse

nvm lah, I didn't do homework on this, just try to fishing, ends up become a fish caught by others.... my own fault actually.

Posted by hng33 > 2015-09-22 11:51 | Report Abuse

ppginvest

Share price up and down almost everyday, there is nothing wrong if you want to reap profit now, be small or big profit both consider good trading as only realize profit is real profit.