Cannot implement this plan bcoz will have bad influence in future and too many problems to do it.
1) If a buyer cannot get full loan from bank,. that means the person have too much commitment or his/her salary cannot afford to pay it. Bank already evaluate one person's financial background in this first level.
2) If seller(developer) lend money to buyer, the interest will be 18% per annum (without collateral). If the buyer not afford to get bank full loan, how can he afford to pay loan to developer?
3) Capital is main problems for developer. Developer need extra cash for development, loan, land, labour, etc.
It is a joke and brainless proposal. The brainless minister said this give chances to those who can afford but can't get loan from bank to buy. Does he mean money laundry?
Sena Parc already start with registrations last few month. Together with Astoria Block B and Damansara Foresta phase 2 registration and launching will be now
http://sharesinfo4u.com/archives/33601 The redevelopment of this Club house can easily fetch RM2 to 3Billion revenue at relative very very low cost............+ RM530M cash in hand + many land low land cost.....
Notwithstanding that the mother share will soon be traded ex-dividend, the L&G ICUL is currently undervalued at 28 sen as the exercise price is 13 sen only when its mother share now trades at 44 sen.
Quite a lot of its ICUL holders may be confused, thinking that they would have to pay another 26 sen in order to convert one ICUL into one ordinary share.
Buy now when others not interest in this stock while company dividend and earning is reasonable. When everyone know and comes to buy, price will high in future...
the latest dividend payout was about 5% of it's share price ...comparing with some other shares i've bought b4 this...L&G is definitely worth the investment, low PE n high ROE
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Eric Fong
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Posted by Eric Fong > 2016-09-13 13:15 | Report Abuse
Cannot implement this plan bcoz will have bad influence in future and too many problems to do it.
1) If a buyer cannot get full loan from bank,. that means the person have too much commitment or his/her salary cannot afford to pay it. Bank already evaluate one person's financial background in this first level.
2) If seller(developer) lend money to buyer, the interest will be 18% per annum (without collateral). If the buyer not afford to get bank full loan, how can he afford to pay loan to developer?
3) Capital is main problems for developer. Developer need extra cash for development, loan, land, labour, etc.
Any other opinion that miss out?