If you don't know what is value investing... Or choose to ignore the fact that they are delivering vacant possession of foresta since last december... Or choose to be negative in so many counters... Why invest? Might as well go genting and bet big or small
The land @ RM18.40 psf can be deemed fairly cheap. It can generate substantial profit even if L&G were to build double-storey linked houses only on the land for sale. This land can easily generate a GDV of more than RM1 billion. (assuming 112 acres x 12 units per acre x RM750k per unit) and profit of RM150 mil to RM200 mil.
The recognition of revenue for damansara foresta .... cheap construction costs is in the last 3 to 4 years... imagine the bumper profits in the coming quarter''s announcement
“While the near-term outlook for property sales is unexciting, in our view, the fundamentals of the sector, especially for houses priced between RM700,000 to RM1mil, are not as dire as perceived by many. We are also bullish about the prospect of the overall stock market. We expect the FBM KLCI to reach 1,900 points by end 2016. This bodes well for the property sector, as property is a high-beta play,” CIMB said.
Going to 1.50 might be a challenge .. but going above 45 sen is highly possible.. this kind of penny stock with excellent fundamentals... need to buy in volume... continue to accumulate
They are selling Astoria Project block 1 in The Curve last few month and every details they have it including deposit paid if u interested...not only registered your name only...total they have 4 block but now they are selling 1st block...interested condo...
Why people keep eating up 0.35 and some at 0.355... this will continue to be uptrend as insider information has excellent quarterly results coming in the next week or so
Long term no worries at all.. good dividend yield... strong pipeline of projects.. just delivered one project ... can't think of any reason why this counter is not trending upwards....
LAND & GENERAL BHD L&G (3174) 0.360 +0.010 (+1.41 %) High: 0.370 Low: 0.350 Vol: 405,200 Average Vol: 10,276
Industry: Properties Company website Land & General Berhad, an investment holding company, principally engages in the property investment, development, and management business. The company also engages in the cultivation of rubber and oil palm, management of club activities, ownership of a school building complex, and provision of education services. It operates in Malaysia, Australia, and the United States. The company was formerly known as General Lumber (Holdings) Bhd and changed its name to Land & General Berhad in 1991. Land & General Berhad was incorporated in 1964 and is based in Kuala Lumpur, Malaysia.
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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....
xcu843
1,043 posts
Posted by xcu843 > 2016-01-26 15:07 | Report Abuse
When this quarter go below 0.10?