@bullrun18 no trade how to lock profit and top up at lower price lol just make sure to have some left before reaching TP. would have back to square one if I hadn't trade to lock profit at 0.135 haha
this company even if making some losses in the next QR, buying into it's Imago Mall net worth alone is already totally worth it of huge discount bargain
I would like to top up too but money come out so so slow.
I think LikasVue mostly sold, the Rimba Hill also good, and the semenanjung project all sold out. Next three years progressive payment should make co. and us rich.
The co. mentioned interested to buy more carparks, maybe a carpark REITs? lol
massive improvement in revenue and overally a good QR despite net loss due to yearly taxes (it won't be a net loss QR if taxes are paid on quarterly basis instead of yearly)
Imago Mall is proven to be the GEM of ASIAPAC. management should try to get rid of other unnecessary property development businesses to cut down the total liabilities and thus finance costs. Move on by focusing on Imago Mall to generate consistent profits
This stock is definitely under value. Not much interest in this counter even though there is a potential to list it's mall as REIT to unlock the value. Probably earning is still poor due to high finance cost thus is not generating much attention.
I enter this counter because of Imago Mall, treating it as a reit counter, property part if can earn profit is bonus, just hopefully don't burden the company with liabilities and don't make loses instead.
But of course I don't mind if it's price rise up due to following property momentum
@speakup reits without dividend then, actually I am not a fans of reits / dividend itself. I am only interesting with Imago Mall rental and it's parking business consistent income
most important also because the it's price is cheap now, compare Imago Mall net worth and market capitalization
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SincereStock
1,521 posts
Posted by SincereStock > 2023-01-05 17:45 | Report Abuse
another more probable option is to list imago mall as reit