OK...IT'S THE TIME TO KEEP UP MY DOCUMENT AND EVERYTHING AND DRIVE BACK HOME ...WAIT FOR THE RELEASE OF QUARTER RESULT...I LOVE ASIANPAC...ASIANPAC LOVE ME TOO..MAYBE
If not mistaken Gurney Paragon (NLA 700,000sqft) current value is 650mil. Based on latest quarterly report, Imago (NLA 800,000sqft) is value at 350mil.
1.5Billion?? How you get this figure?? Think is a bit over estimate. Capital Mall's Gurney Plaza NLA circa 880,000 sqft market value is only 1.2 billion
at 90%...Imago Mall maybe break even....at 85%, could lose money....Basing on report on 6% Net Yield of RM850m.....Assuming net Yield is calculated on 95% Occupancy....
Densim8 Basing on report on 6% Net Yield of RM850m 100 % tenanted net income will be 51 millions currently nearly 90 % tenanted is just minus 10 % from 51 millions how come your calculation is break even or lose money haha ):-
bullrun18 how you get to know the current occupancy rate?? Not much info from their website, what a poor marketing team. By the way, imago might offer low rental now to attract tenants, after a few years when the mall start to mature then only increase rate.
I have visit the shopping mall few week ago that why I know ,even we discount the net yield to 5% 40 millions net income a year should be no problem this income still not including 2500 park space at imago mall ):-
bullrun18...cost to maintain e.g. interest, electricity is the same even though the occupancy is 100% or 80%. Simplistic way to average down from the Net Profit by a constant e.g. 90% is grossly erroneous....john888, I am very happy for your 8 yr old son....
densim8, you are right about the expenses but need 90% to break even?? May i know how much you think is the expenses?? Beside expenses, don't forget about the bank loan interest.
sean08...i have earlier & including this post said about interest. I assumed 85% break even for new malls...After reading the link in detailed...The Chairman claimed critical mass (break even) at 80%. Well good for us......
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
tksw
12,587 posts
Posted by tksw > 2015-05-25 16:10 | Report Abuse
I cant get 225. just 1 step away.