they are high end property developer....heard recently got a development under proposal somewhere around Kota Damansara / Sg.Buloh area near the proposed MRT station at Kg.Baru Sg.Buloh
can consider is one of the undervalue counter which got high potential like Glomac/Guoco/Ivory/Tambun.the price already pick up steadily from previous rm0.7-0.8 to current rm1..
if we are thinking that the latest RGPT increase will stop these property investors....we really need to reconsider again....actually, nothing can stop these investors/monsters , they got the funds & holding power.... really cannot believe it....f***! and they are still buying in bulk even after the budget 2014 ! almost vomit blood.... affordable housing or property price dropping? it think it a gone case dream
Technical BUY with +19.0% potential return Last price : RM1.00 Target Price: RM1.06, RM1.19 Support : RM0.94 Stop-loss: RM0.935 BUY with a target price of RM1.19 with stop loss placed below RM0.935. Following a major correction from the high of RM1.19, share price has gradually recovered from the low of RM0.85 and formed a series of higher lows. Given yesterday’s 4.5-sen gain, SDR managed to close above 50.0% Fibonacci retracement level and registered a new high since 22 Aug 13. Along with extremely higher trading volume of 2.4m shares (vs 20-day average of 0.16m) yesterday which signify a genuine breakout, we expect the recent correction to be overturn, thus paving a way to a new uptrend which in our opinion is taking place. Following an uptick in RSI and a bullish development in MACD which imply a buying signal, we envisage a further rise and thus peg our next upside target at the previous high of RM1.19 over the medium term.
Haha... Normally.. Dividend Ex in August...round with good dividend counter cukup lah...this counter banyak hold by "T"...肥水不流外人田, it take private better...
Property investment, hotel operations, investment holding and property development.
5 yrs p&l green (incresing) 5 yrs businss cash flow green P/e = 7.75x (market 15x, means undervalued) Dividend 2.64% Nta/share = rm 2.51!!! Net cash company, while the cash is 3 times more than debt!!
Technically, its on uptrend, signs shown that the probability of continue up trend is high, pls grab on before it starts to rally again!
dividend payout low is not important, but this company still willing to pay. very excited waiting next annoucedment. this company still potential and grow up.
SDB: Sources say SDB is close to acquiring a parcel of land in District 12 in Singapore which will be turned into a resicential development with a GDV of SGD350 million.
The group has already completed two projects there with another three under construction.
Its total GDV for ongoing projects in Singapore and Malaysia amounted to rm2.78 billion. Of this rm1.64 billion is atrributable to Malaysian projects while the remainder are Singaporean properties.
SDB is planning to acquire a parcel of prime land of between 5 and 10 acres in the Klang Valley as part of its landbanking activities.
The group currently (July 2014) has unbilled sales of around rm1.05 billion.
Observers opine SDB’s prospects would be greatly enhanced if it moves towards aggressive land banking in less developed areas in Malaysia ... large tract of land of 200 to 500 acres on which it can build a township and sustain 10 to 15 years of development.
Such a move means SDB would have to tranform into itself into a full fledged township developer. It has been in the past focusing on low density projects of 30 acres or less.
Its net assets per share stood at rm1.65 as at March 31 2014.
Its group MD Teh Lip Kim is the largest shareholder with a direct stake of 18.67% stake and indirect stake of 40.03%.
Observers also speculate that Teh is planning to take SDB private. However she denied the rumors in 2013. from the edge
i am a property agent in singapore , only luxury segment is slowing down due to cooling measure , all other sector still selling hot , ' The village ; by SDB left last three units .. singapore so small yet need to house 5.5m population plus many foreign investor hold multiple units to collect rent , and lately there are call from real estate segment to the government to review the cooling measure , the answer is :' not yet ' , mean the cooling measure will be take out once the price is not too high , if the cooling measure gone now , the low interest rate ( 1 to 2 % ) in singapore will send the price high rocket again , lots of buyer is buying now because everyone know now is good window to buy , before the cooling measure being taken out and send the price up ... tonyyee14@gmail.com
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....
kllady_fidah
1,700 posts
Posted by kllady_fidah > 2013-05-29 14:40 | Report Abuse
any comments on this counter?