Imago steady, dwitara sold out, rimba hills shouldn't be a problem, LikasVue good project but I guess more like 70-80% take up rate.
Times square carpark maybe slightly less congested, notably lately karamunsing most if not all ground carpark is charging RM10, so neighbouring karamunsing capital should be slightly better off.
30 % profit margin 2.4 B / 1.488 B share is earning 1.60 per share 20 % profit margin 1.6 B / 1.488 B share is earning 1.075 per share 8/12/2022 closing price 0.115
reentered a few at 0.115 within these few days. glad to find that this stock turned syariah compliance again not long ago.
if not because of the loses they make from property sector, by just looking at their mall operating profit alone, this stock can easily maintain EPS at 0.60 above or PE around 5.
it's high NTA is another big bonus. if anyone decided to take over imago mall, special dividend can be huge.
I was wondering why Asiapac's QRs has not been up to expectation. The company should make 30-60 million per year. The rental income is about right, but why profit so low.
current asset Inventories - Property development costs 201,970 (000) is that really current asset?
Say if we take that out, then its negative working capital.
We should be cautious actually the company need a lot of $$$$ to complete its projects, despite good sales progress.
I don't think it makes the company a bad one, but RM1.00 or RM0.50 target may be too optimistic.
I dreamed of getting large portion of shares and push to sell Imago then return money to investors. If its really worth RM1.00, then someone else could have done it already. Too naive sometimes.
profit low because of losses at property sector. Imago Mall is generating income as it supposed to but not being reflected in EPS due to the property sector's losses
people don't see selling Imago and return money to investors as probable in short future because most company listed in bursa targeting to run businesses for long term, we retailers sure like the hit and go but management want long term business so the more realistic way to earn profit is hope for the stock price to rise accordingly to the company's actual worth
@bullrun18 no trade how to lock profit and top up at lower price lol just make sure to have some left before reaching TP. would have back to square one if I hadn't trade to lock profit at 0.135 haha
this company even if making some losses in the next QR, buying into it's Imago Mall net worth alone is already totally worth it of huge discount bargain
I would like to top up too but money come out so so slow.
I think LikasVue mostly sold, the Rimba Hill also good, and the semenanjung project all sold out. Next three years progressive payment should make co. and us rich.
The co. mentioned interested to buy more carparks, maybe a carpark REITs? lol
massive improvement in revenue and overally a good QR despite net loss due to yearly taxes (it won't be a net loss QR if taxes are paid on quarterly basis instead of yearly)
Imago Mall is proven to be the GEM of ASIAPAC. management should try to get rid of other unnecessary property development businesses to cut down the total liabilities and thus finance costs. Move on by focusing on Imago Mall to generate consistent profits
This stock is definitely under value. Not much interest in this counter even though there is a potential to list it's mall as REIT to unlock the value. Probably earning is still poor due to high finance cost thus is not generating much attention.
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....
ITCHYLEG
167 posts
Posted by ITCHYLEG > 2022-02-15 11:02 | Report Abuse
BIG AUNTY comes every month
But this AUNTY never come!