Buy too early have to wait for longer time. Wait for next quarter result announce then decide to buy, may miss the boat if the price go up before announce.
The main asset of landmarks is land. With new international airport, better infrastructure after completion of treasure bay, approval of foreign property ownership........., the land willl appreciate significantly. Landmarks hasnot revalued its land in the book since 2008...8 years land appreciation. Land value will never drop, but property, plantation, oil, commodity value may slump depends on economy. ?..
guys, i listened to all these stories 4 years back.... now still no movement..... we know lim kok thay is behind the scene but is he going to really develop with all their lands? they are in operational losses for many years.... when will this sleeping dragon awake no one knows... only prediction...
If u read the annual report or quarterly report, u should know the co will be making loss untill bintan project starts operation. Langkawi Andaman hotel making loss mainly due to absorption of Bintan project pre operation expenses...of course, the land value appreciation from year 2008 to now is not recorded in the book yet.. even only with 20% appreciation will be few hundred millions already. Imagine how much land appreciation if 8 years from 2008 to 2015. Forget about petty or insignificant few millons loss each year because of Bintan project pre operation expenses....the co should be able to generate result by end of the year, n better result tge years to come...
If there is no few millions loss recorded each year as a result of bintan project pre operation expenses, meaning the bintan project is not moving...therefore shorterm temporary losses bad news is good news ahead, depicting bintan project is actively moving...
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....
markkim
111 posts
Posted by markkim > 2015-05-29 19:38 | Report Abuse
who has attended the AGM ? Any news to share?