Asian Pac is on the verge of a major transformation. Completion of Imago Mall by end 2014 will create significant value for the group. Net profit could potentially double to RM61 mil, translate into low PER of approxiately 3 times based on current market price.
Gearing is relatively high at this juncture but is being gradually pared down.
Recurrent income from the mall provides strong visibility to future cash flow, which augurs well for servicing debt obligations and funding the group's growth and expansion going forward.
*Imago Mall Announced Tenants* Aeon Fantasy Bath & Body Works Bonia Burtons Carlo Rino Charles & Keith CYC Mega Leisure DC Super Comics Dorothy Perkins Etude Flow Kate Spade Kitschen Michael Kors Miss Selfridge MBO Cinemas Padini Parkson Pedro Saturday Sembonia SenQ Starbucks Sticky Swarovski Swiss Watch Gallery Topman / Topshop Tumi Victoria's Secret Wear & When
Be patient ! If you check the chart it show that beginning of next month will move up...so better collect now....if you check the price now still undervalued...
Steelheart bro i was waiting for syndicate to push it down but never came so i just buy no patience anymore haha not bad...... anyway plan to hold long term cos i believe its another midvalley in the making....if u follow the recipe 100% u cannot go wrong !!!!
OTB was right on the money on Asiapac. I got in just in time before it jumped up after he had informed us. Whatever it is, his timing has been right for me. $$$$ for the week.
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....
wongwee
66 posts
Posted by wongwee > 2014-06-20 11:15 | Report Abuse
coming!!!