when couple not intend to have babies or opt for single child , there is definitely no point in having so many houses and condo built . The question boils down to supply and demand . More supply but no demand will be the doom's day for property counters . Golden eggs no more for property in times to come....hope not happening soon! Even today , the demand is in the affordable housing but developers are engrossed in building expensive condo n bungalows forget totally the supply and demand in basic economy course. This will spell the doom's day of housing...
can forget about property counter ....esp in Johor that the surplus in housing is more than 50% ! So basically in 5 yrs , do not need to build any housing...it means to say that the property will be stand still.
Resolution 6 To give authority to the Board to issue shares not more than 10% of the total issued capital of the Company pursuant to Sections 75 and 76 of the Companies Act
SEEM THE BOSS NOT GIVE UP OF THINKING ABOUT WANT RIGHT ISSUE AGAIN RIGHT JUST RI AT 1.00 RINNGIT WHAT THE HELL STILL GOT THIS RESO 6 ANY PROFESSIONAL OPINIONS ?
AsianPac owned a jewel property in Kota Kinabalu known as Imago with near full occupancy carpark business plus other ongoing property developments in Klang Valley and Sabah. Profitable for the past many quarters.
Share price now 18 sen is undervalued against current NTA of 90 sen makes it potential target.
waiting to rebound soon.. wait and see. run it you're afraid. stay if you want to win big! choice is yours. I choose to win big. good luck those who still have faith in this counter.
net asset per share 0.95 is under value seen value to buy , but i have seen back this stock 15 year and more record all the the time is under value even in the time economy rise up is still the same . my final decision for this stock no to me .
Imago is a fantastic development but not yet profitable. The company owns the whole mall so the main expenses shouldn't be that high. The interest expense for the whole company is 30m or so but how come rental income of 40-50m still incurred loss.
I observe there are more cars into the mall than car park available. In few years to come there should be no competition can challenge imago.
Management indicates are going to raise car park fees. I think it's totally wrong. They should partition the car parks and charge more for premium ones.
However I think 16c is the bottom, even if it takes few years to get to 50c is still a good investment.
@supersaiyan3,how you find loss figure? As long as the rental income can cover operational expenses and interest expenses, the company wouldn't loss money...
I agree with that this company's share price is undervalued... Retain earning is 4 times of share price. So I would think that the price should be around RM4...Is my concept right?
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....
Hoho Haha
120 posts
Posted by Hoho Haha > 2017-06-19 00:14 | Report Abuse
no future for housing? meaning? mean ppl no longer need house?