maybe special dividend 10sen if betul ada sell some land or what ? this counter quiet too long if up no one can control maybe 30sen or 50sen ?????????????????????????
GS team already in 0.125 to 0.135, why helping them to push up the price. i more prefer matrix, and its warrant since they also have many land bank at mukim of Labu
High NTA 96c around 90% discount. Consistent earning and low PE only PE 4 High ROE Potential Revalue of land bank by HSR and ECRL Director acquired at high price
1) ECRL (EAST COAST RAIL LINK) REROUTED TO NEGERI SEMBILAN WILL BRING A WINDFALL TO NEGERI SEMBILAN!
IT IS A KNOWN FACT THAT LANDS NEAR RAIL TRANSPORT IN SINGAPORE ARE HIGHER IN VALUE BY 10% TO 30% IN PRICE AND RENTAL. AND HOUSES /SHOPS/MALLS ARE IN HOT DEMAND
SO ECRL WILL RAISE LAND VALUE FOR ASAIAPAC
ASIAPAC HAS ALMOST 400 ACRES OF LANDS IN LABU
SEE (Please refer to ASIAPAC ANNUAL REPORT YEAR 2018 & scroll down to property owned by ASIAPAC
H.S. (D) 157186, PT 23762, Mukim Labu, Daerah Seremban, Negeri Sembilan
Land. Vacant. Leasehold expires : 9/11/2102
399.84 acres (About 400 Acres)
55,019,000 (Rm55.02 Millions)
Date of Purchase or acquisition: 23/03/2006
Land purchased in year 2006 (13 years ago) 399.84 acres at Rm55,019,000
How much psf?
So 399.84 x 43,560 = 17417030.4 sq ft
Now divide 55,019,000 by 17417030.4 sq ft = Rm3.1589
Or Rm3.16 Per Sq Ft
According to LIM GUAN ENG (FM) Land acquisition in KL is very expensive at Rm700 to Rm800 psf
So the logic is to reroute by Negeri Sembilan whole land cost only Rm40 psf or less
NOW IS GOVT GOING TO ACQUIRE LANDS THESE 400 ACRES OF LANDS BY ASAIPAC IN LABU WILL SURE GO UP
BETTER STILL IF THESE LANDS ARE DEVELOPED BY ASAIAPAC INTO THRIVING TOWNSHIPS & SHOPPING MALLS
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....
Mohd Zukarnan Mat Zin
52 posts
Posted by Mohd Zukarnan Mat Zin > 2019-03-14 23:31 | Report Abuse
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