FFB reached 603/m ton, mean dutaland pre tax profit could easily touch 18 million yearly. Nanyang Xiang Pau pg A4 mention surrounding KLCC area condominium POSSIBLE touch Rm5000/ ft NEXT FEW YEAR. so 52 storey grand Duta Hotel cum condominium will revive anytime.
In view of the lower pre-tax profit this quarter due to the low selling price FFB only achieve rm465/m ton compare to my estimation of average rm520/m ton. however, FFB production 29291 ton compare to 21266 ton, net debt unchanged hanging around 76 to 77m.
Next quarter result could be better as currently FFB today touch RM618/ m ton.
riding fibinacci and Elliot 3 rd wave should be a longer up trend possibly surpassed previous high....coupled with bullish factors shall see a brighter future for Dutaland!
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....
cwts
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Posted by cwts > 2014-02-17 15:31 | Report Abuse
Duta 0.525. Qtr Rpt next. Should intresting?