@SincereStock are you the one who have unit at Imago mall? I noticed from the company report, Imago shop tenancy renewals 2018/2019, what is the rental increase rate?
That is why I have mentioned that the trustworthiness of the boss of a company is primarily important for u to determine whether or not it is worthwhile to Invest in a company. Some company has high PE but still many investors like to buy in this type of company because the boss is trustable.
Anyway, do u has any info regarding the trustworthiness of Mr Mxx(main shareholder). Any people do have close friends with this main shareholder about his credibility (I.e not shifting away the profit to other companies)?
Anyway Investmemts do have risk, high risk high return. If u are not sure, u can invest in small amount. Not persons can guarantee u will make a gain in a investment. But if the priCE is extremely low, like in the case, no harm to try, at least u have give yourself a chance to try out:).
Mr Mxx (main shareholder) hold 45% of the total shares ( after conversion of Iculs and warrant in Year 2023), so if he wants to privatize ( because of the huge assets hold by the co), he needs to buy more shares silently in the market.
In the words, if u can hold for long term, the possibility of the price to go upwards is very high since the company has retained earning of RM 700million and is still increasing as the co is profitable from the mall rental and car parks. At the same time and probability to go bankrupt is very small.
@ old, Look like u have held the shares very long already. Would u mind telling us the history of this company in short? I thought this company was selling insurance at first and was making huge losses...
If u have time u can study over the history of the co, but that is time consuming. Nevertheless, the info might explain why the share price didn't move in the past; probably due to huge losses incurred for engaging in insurance biz and later on when the management got involved in property sector, it got turnaround, but the losses incurred earlier had caused the investor to leave this counter.
P/S:I still haven't completely study over the history of the co yet due to lacking of time.
Ya agreed too. Asiapac price is very cheap not only now they are happy like this 12 until 16sen . I also dun understand If the boss willing to push back to 50sen is ok But not short term. I also cannot feel the up mode on asiapac So I skip . I keep buying favco and pharma and affin and insas recently
This government will get things going in a matter of months not years. Cabinet meeting today on creating 1 million jobs. To do that all sectors of the economy will have to be activated full swing. Expect to hear major announcements in the next few days. Hold on to your shares, don't let go. We are going for a ride, up, up, up.
Talamt kuih also finish now only goreng theme not propery , see constrution even loss money company also up like no break
ivan9511 no need surprise Remeber Ivan speak : already goreng up until very expensive counter can be more expensive like ekovest iwcity mrcb hwr already very super undervalued comapny also can be more undervalued and no bottom ex : sabadi, Ltc .MCT ,tiger , netx, fintec puc, Mkland
Asian Pac Holdings Bhd plans to launch its first township development in Labu, Negri Sembilan, in 2017, said its MD Datuk Mustapha Buang.
He said the township, located on a 400-acre (161.87ha) site, would be developed in phases over a period of up to 10 years.
“We are now finalising the plans for our Labu township project. We need to get the necessary approvals from the state government,” he told a news conference after Asian Pac AGM yesterday.
Mustapha said the township is located near Bandar Enstek and Bandar Ainsdale, which are the two new rising townships in Negri Sembilan.
Posted by Nepo > May 3, 2019 7:19 PM | Report Abuse Thanks to CatchThe Bull, a very good info. Look like Simeprop has a huge landbanks for development and the investors of Simeprop may be benefited from the revaluation of the lands over the time
@Nepo @chamlo Simeprop already a big giant company, Simeprop have many land banks and local & oversea developments as well. For comparison and own judgement purpose only.
ok Buy in Asiapac for second time eraning easy money later can sell at 15sen and wait drop again
For Asiapac ivan last time already comment is a Fast in Fast out counter . Because in our Bursa share market is alreay got problemm
becaUSE now young g buy share they no see super or very undervalued example asiap nta near 1 ringgit ,Talam mui also same
in Bursa Ivan only set two group :
long term good company : ex ,Topglove , Favco , APM , Bursa , Tenaga , Affin , tropivcana , glomac ,and many other of course , hold for a few years
FinFout : Mui , Talam kuih , asiapac ,Bjland Insas ,Mrcb ,AZ , Ekovest ,Knm , Zelan , Pworth , Reach and other many of course
In Malaysia young people no see deep very deep deep undervalued , they need fast money only
Bjland Ivan sold at 27.5sen and now Ivan buy back a lot at 22sen last few days ( untung big money ) \ Mrcb , AZ , Eovest Mui Knm all Ivan is untung big money recently
Of course Ivan also got loss money counter ex - Trop , Mkland , Parkson and also many others
Trop and Mkland Ivan hold because of personal if I follow in strategy I maybe can win but sometime Ivan also fall in love with my favourite company
so Now If want 90% win just follow good company long term
goreng company no matter how high the Nta like Asiapac and Puncak just sell once you have earn a few thousand ringgit
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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....
SincereStock
2,382 posts
Posted by SincereStock > 2019-04-26 14:18 | Report Abuse
cheap is reason to buy lol