Asiapac profit is a fake profit, they make profit from "fair value gain" not a real profit, it does not bring in real money. Just some accounting play to make it profitable, in actual fact, Asiapac is making loss. Too bad people do not look at details, this is how many people get burned in KLSE. This time share price may go up but next financial result reporting, they cant use this anymore, therefore will be a sharp drop in profit, thus sharp fall coming in the future.
Asiapac profit is from revaluation of Imago Mall. So it is not a realised profit unless Asset is sold & converted to Cash. I won't call it "fake" profit.
For Kbunai, Mui Bhd & Mulpha If Assets are Revalued like Asiapac it will be a Mind Blowing RM8 Billions to RM10 Billions Gain for these 3 counters!
For Mulpha it has 23% Growth and P/E is only 4.25
So Mulpha is a far better stock than Asiapac in Assets & Growth rate.
Anything can be happen rto or take over I'am feel very happy Asiapac make a right decision to invest in this imago mall and make huge of profit for this property investment gain ):-
Hope everything is real, sweetheart is real ( even tho he only make two comments),bullrun18 is real, and for those value investor, the investment is worth .......:(
Asiapac over a longer term is ok. I don't own any now. Maybe I might buy some on market weakness. No hurry to buy now. Sell in May and go away for holiday now. Bye bye.
Calvin was bullish on Dec 15th to 17th 2014 when Mr Bull was in a panic. Now Bull is bullish? Ok lah. But Calvin think market now is in intermission for a while. Bull run taking a pause for now due to 3 factors
1) Imdb problems. Dr M insists on accountability for imdb rm42 billions 2) Dr M and Najib feud still ongoing. 3) Fitch imminent downgrade.
Soo better keep your bull-ets first. Plenty of time to fire them later at much lower prices.
Calvin is enjoying a nice break in Spore Zoo and River Safari.
To invest in any stock, look at the fundamentals as well as the technical charts to come to a conclusion. Anything more than that is pure conjecture. With due respect to sweetheart, whether or not there is a RTO, one cannot predict, only Insiders know. If they know, will they tell the whole world? Insiders tell only if they want you to Buy so that they can sell.
We did a full analysis on Asiapac in our website, www.kiasutrader.con for our Premier Club Members.
Asiapac not making any profit on last year and high operating expenses all becos the dump money to imago mall now shopping mall is smoothly operating I believe what they dump in will get multiple by at least 3 to 5 times return ...
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spiderman119
352 posts
Posted by spiderman119 > 2015-05-29 12:23 | Report Abuse
Price drop to 0.27