Posted by timl > 2015-06-29 15:09 | Report Abuse

negative market sentiment is the best time to collect companies with good FA :)

Posted by Eric Fong > 2015-06-29 15:58 | Report Abuse

Good time to collect more now...

Posted by xcu843 > 2015-06-29 16:56 | Report Abuse

die....Die.....die......Die......die.......Die.........die.......Die........die............Die........die............Die...........die

Posted by Eric Fong > 2015-06-29 17:02 | Report Abuse

Whatever lo...keep buying...

Posted by Eric Fong > 2015-06-29 17:19 | Report Abuse

No need worry...will rebound in future...

Posted by superegg > 2015-06-30 08:52 | Report Abuse

today will drop somemore

Posted by investor88 > 2015-06-30 09:19 | Report Abuse

The Greece uncertainty is causing the global equities rout. Hopefully it will be over soon.

Posted by Eric Fong > 2015-06-30 11:15 | Report Abuse

If the stock market that easy to guess up or down then we all rich man already lo

Posted by Eric Fong > 2015-06-30 12:05 | Report Abuse

Steady Price today...

Posted by vitac > 2015-06-30 12:27 | Report Abuse

I cut lost already

Posted by Eric Fong > 2015-06-30 12:28 | Report Abuse

FTSE Bursa Malaysia KLCI Index is based on 30 largest market capital company in Malaysia...
It not show any relationship with any other stock....
Sometime Index drop but some company is ups, due to better earning and not due to increase in the Index...

Posted by Eric Fong > 2015-06-30 12:29 | Report Abuse

So we not connect any stock with the Index in long run...we concentrate on the company prospect in the future...

Posted by Eric Fong > 2015-06-30 12:30 | Report Abuse

The stock price although is weak but the company izzit weak too in the market? We think no because based on the valuation and fundamental on the company, it show it is strong...

Posted by Invest33 > 2015-06-30 12:40 | Report Abuse

Cash in hand RM395M or 0.33 per share while share price is 0.43

Posted by ksng0307 > 2015-06-30 14:43 | Report Abuse

good fundamental company but share price just refused to move up, that shows the board of directors are ignorance of the minority shareholders benefits, change the board

Posted by Invest33 > 2015-06-30 14:58 | Report Abuse

Board responsibility is to take care of the business not the share price.

Posted by Eric Fong > 2015-06-30 22:19 | Report Abuse

Yeah agree...

Posted by ksng0307 > 2015-07-01 12:35 | Report Abuse

at least the board must do something suvh as share buyback or declare better dividends ma....

Posted by Eric Fong > 2015-07-01 14:52 | Report Abuse

If you buy now the dividend about 4.5%....is above average i think...

Posted by ksng0307 > 2015-07-01 16:30 | Report Abuse

None of the directors bought back at such low price, maybe they also lost confidence.....

Posted by vitac > 2015-07-01 16:34 | Report Abuse

Quarter earnings will effect the share price, Ampang Astoria already open for sell but response not good.

Posted by ksng0307 > 2015-07-01 16:37 | Report Abuse

Thanks vitac for your update

Posted by Eric Fong > 2015-07-01 22:30 | Report Abuse

Hi how u know ampang Astoria selling not good?

Posted by Invest123 > 2015-07-02 19:35 | Report Abuse

Drop until 20 sen?

Posted by Eric Fong > 2015-07-02 20:04 | Report Abuse

If drop until 20 sen I will sell all my house and buy this share

Posted by investor88 > 2015-07-06 15:46 | Report Abuse

Astorial ampang has not launched yet. go to their website and register for pre-launch if you are interested.

Posted by vitac > 2015-07-06 15:53 | Report Abuse

Already launch, the sales girl call me about 2 weeks past, studio about 1k psf, others around 800 psf sales not good, don't belive go check at sales office.

Posted by Eric Fong > 2015-07-06 16:38 | Report Abuse

Hmm some sales say good some say not good...then need to wait for coming report lo..

Posted by Eric Fong > 2015-07-07 23:26 | Report Abuse

Latest company announcement..

Posted by Eric Fong > 2015-07-08 12:48 | Report Abuse

Totally good buying for dividend every year as it give about 4.7% interest....

Posted by Eric Fong > 2015-07-08 19:57 | Report Abuse

丁蟹效应

Posted by wooda > 2015-07-10 10:15 | Report Abuse

heard that the coming quater result is great. any news or confirmation?

Posted by Eric Fong > 2015-07-10 17:49 | Report Abuse

where u heart it from?

Posted by Eric Fong > 2015-07-13 19:14 | Report Abuse

If like this faster buy lo. Will fly high..

Posted by bing > 2015-07-14 14:26 | Report Abuse

Come on 3174! FLY FLY FLY!

Posted by Eric Fong > 2015-07-15 01:28 | Report Abuse

Price Fly High High...dun like AAX

Posted by Eric Fong > 2015-07-15 16:27 | Report Abuse

Up Up Up

Posted by Eric Fong > 2015-07-17 01:49 | Report Abuse

If not because of ICULS, the EPS is increasing each year...

Posted by lhoong > 2015-07-17 09:53 | Report Abuse

a lot of property will be launching on the 2nd half of the year. Probably there will be some announcement in due course.

Posted by financialanalyst18 > 2015-07-17 22:25 | Report Abuse

Astoria Ampang
February 9, 2015 By Khai Yin 1 Comment

Now given that most mid / upper market developments are launched at the pivotal RM1,000 PSF price point and above, Astoria’s rather competitive pricing may raise an eyebrow or two. Indeed, prices start at about RM950 PSF, and the cheapest (and smallest) unit stands at just barely in the region of RM500,000. That’s practically unheard of for a city condominium these days…

Given that the upper tier high rise segment is due for a correction soon enough, perhaps the developer Land & General (L&G) is already plowing ahead of the curve. Looking at Astoria’s location on Jalan Ampang which is already somewhat cluttered by new projects (Arte+, D’Rapport, Mah Sing’s M-City, Novo), the sub RM1,000 PSF price point may reflect the state of increasing supply.

With an estimated gross development value (GDV) of RM900 million, Astoria will be a prominent showcase on L&G’s roster of projects (which include The Elements @Ampang and the townships of Damansara Foresta and Bandar Sri Damansara). These serviced apartments come in sizes between 560 sq ft to 1,505 sq ft, and the project is scheduled to be completed in 2019.

The Astoria comprises of four condominium blocks of 46 storeys in height, with each block housing some 253 units, bringing the total to 1,012 units. The project is situated on a little less than six acres of (leasehold) land on Jalan Ampang.

The unit types and sizes are as follows:-
• Type A: 560 sq ft (1R)
• Type B: 735 sq ft (2R)
• Type C: 888 sq ft (2+1R)
• Type D: 1,505 sq ft (4R)

Looking at the sizes and layouts, types A, B and C are perhaps suitable for the yuppie, city-dwelling kind while D seems to appeal to investors given its dual key facility (similar to the Expressionz off Jalan Tun Razak).

Posted by financialanalyst18 > 2015-07-17 22:27 | Report Abuse

Source: sqftglobal.com

Perhaps a strong differentiating factor of the Astoria is its “green living” concept – something which is novel given that it’s a condominium designed for those who want to live in the inner city. Indeed, out of the six acres of land, four acres have been earmarked for a playground which will feature cycling and jogging tracks, waterfalls, a landscaped park, a water stream and a hammock garden.

These facilities will be located on a podium of six levels.
Additionally, there are also swimming and wading pools which include some pretty nifty features like meandering streams, pavilions and water cascades. Social and entertainment amenities are also available: namely yoga and tai chi areas, a gym, BBQ areas, tennis courts, children’s play area as well as an amphitheater.

There is no sky lounge which somewhat surprises me given that the feature would definitely be a strong selling point for many prospective tenants and investors. Indeed, we have been receiving a substantial number of DealMatcher requests from investors who wanted city condominiums with view of KL skyline to be rented out at a premium during festivities and New Year Eves.

Although this might change, there are reports that there won’t be retail outlets and offices in the project (although the Astoria is on commercial land). This can be a good thing for some (less congestion) but bad for others (those who want superior Walkability).

Source: sqftglobal.com
However, given its location on Jalan Ampang, most amenities are near; indeed, we are expecting its Walkability Scores to be in the region of 70-80 (compared to KLCC condominiums which are typically in the high 80’s and 90’s range). Also, public transport facilities are abundant, with Dato’ Keramat and Jelatek LRT stations near the vicinity.

Additionally, the Ampang Point MRT station will also be easily accessible once completed.

Access wise, since the Astoria is on Jalan Ampang, it is connected to a couple of major KL arteries such as the DUKE, SMART, MRR2 and AKLEH. Indeed, we can foresee tenants using the AKLEH to go to the city in order to avoid the perennially jammed up Jalan Ampang.

WHAT WE THINK: Launches in downtown KL at less than RM1,000 PSF are a rarity nowadays, and as such the Astoria does stand out with its competitive prices and smaller sized units. Astoria is also decidedly a “yuppie” project with majority of units at sub 1,000 sq ft sizes; this is in line with the ongoing trend of projects with smaller units in the inner city. Its location on Jalan Ampang is also hard to beat.

On the minus side, the status of the land (commercial leasehold) may be less appealing to some. Also, given the number of new projects which seems to be popping up like mushrooms in that area. However, given the relatively lower pricing (at least on a PSF basis) there could be some further upside even with the projected “onslaught” of supply in the coming years when the new projects get completed.

Astoria Project Brief
Developer : Xtreme Meridian Sdn Bhd (954493-X)
A subsidiary of Land & General Berhad (L&G)
Location : Fronting Jalan Ampang (4.8km to CBD)
Land Tenure : leasehold
Land Size : 5.7 acres
Landscape Facilities Area: 3-4 acres
Buid up Area : 560 sqft- 1505 sqft
Total Units :253/tower
Total Storeys : 43 storeys
Total Tower : 4 towers
Total Sizes :Type A: 560 sqft (1 bedroom)
Type B: 735 sqft ( 2 bedroom)
Type C: 888sqft (2+1 bedroom)
Type D 1050 sqft (3 bedroom)
Type E : 1505 sqft ( 4 bedroom, Dual Key)
Target Completion :4 years from launch date

Posted by Eric Fong > 2015-07-18 00:14 | Report Abuse

Wonder how the sales of astoria and foresta

Posted by YOLOOOO > 2015-07-19 02:17 | Report Abuse

dont have any catalyst, unlikely it will fly

Posted by valueinvestor > 2015-07-19 14:54 | Report Abuse

https://www.youtube.com/watch?v=YCYeooOfHBs

Posted by Eric Fong > 2015-07-19 19:55 | Report Abuse

May good news coming next week..

Posted by lhoong > 2015-07-19 20:06 | Report Abuse

With an estimated gross development value (GDV) of RM900 million, Astoria will be a prominent showcase on L&G’s roster of projects (which include The Elements @Ampang and the townships of Damansara Foresta and Bandar Sri Damansara).

This figure already exceeded the last year revenue of RM 500m+. It should provide a sustainable earning for the rest of the year.

Posted by Invest33 > 2015-07-19 20:48 | Report Abuse

Anyone know whether is their Foresta Phase 1 completed and handed over? Also, have they launched Phase 2 and how is the response?

Posted by Eric Fong > 2015-07-19 23:04 | Report Abuse

Earning willing slowly pushing up to the sky

Posted by financialanalyst18 > 2015-07-21 21:19 | Report Abuse

L&G Acquires 10 Parcels Of Land For RM25 Million

KUALA LUMPUR, Dec 22 (Bernama) -- Property developer, Land & General Bhd (L&G) via its unit Bright Term Sdn Bhd (BTSB), is acquiring 10 parcels of land from Seremban Gold Resort Bhd for RM25 million, cash.

L&G said the properties would provide an opportunity for the group to expand and complement its existing business of residential and commercial property development, said the company in a filing to Bursa Malaysia today.

"It will also serve as an opportunity for the group to venture and penetrate into the development activities in the vicinity of Senawang and Seremban in Negeri Sembilan," it said.

The 10 parcels of land comes with a 27-hole golf course with a club house and other supporting facilities, five parcels of vacant residential development land, forty-four parcels of vacant bungalow plots, a single-storey bungalow house and a parcel of industrial plot designated for Tenaga Nasional Bhd sub-station located within the Tuanku Jaafar Golf and Country Resort.

The group intends to develop the properties into an upscale high-quality residential development with a modern tropical concept which would include bungalow lots, double-storey cluster semi-detached houses, link cluster houses and apartments.

The estimated gross development value of the proposed development is RM555 million with an estimated gross development cost of RM419.54 million and estimated gross development profit of RM135.52 million.

The proposed development will be financed through internally generated funds and borrowings.

The group is finalising the master plan for the proposed development, construction on which is expected to commence in 2011/2012, and is scheduled to be completed in 2018.

L&G said the proposed development was expected to enhance its future revenue stream which in turn was anticipated to contribute positively to the group's financial performance in the future.

"The board is of the view that the proposed acquisition provides an excellent and timely opportunity for the efficient deployment of the group's surplus financial resources in order to achieve a better return for shareholders in the long-term," said the company.

-- BERNAMA

Posted by Eric Fong > 2015-07-21 23:40 | Report Abuse

When is this news publish?