ifcam over price..boss already make millions...don play play, after few quarters, only actual share price will reflect. KSL with fundamentals...lonf term still worth to hold
this stock really speechless...drop more than up..wonder why u guys still support it 99? property sector are slowing right? especially at JB there..is a time bomb..
1. Dividend policy 40% from 2015 onwards 2. Share currently cum final dividend 5sen (for last year financial result (2014). 3. About 40% of KSL profit is derive from its sustainable and steady property investment portfolio, namely KSL mall, KSL hotel, 2 Giant hypermarket lease fees. 4. KSL trade at undemanding valuation compared to other peers. PE < 7x 5. Although most of the KSL landbank locate in johor, but in term of GDV, KSL project in klang landbank command the highest GDV, worth RM 10 billion.
hng33. Spot on! Exactly my conclusion. But investors' confidence were dashed by the raids on the share price by the wolves multiple times with hardly a response from KSL's management. In fact KSL's management involvement is suspected. Only until recently did KSL implement a share buy-back policy to support the price and even then, price support was not vigorously pursued. But the damage has been done and it will take time for investors' confidence to be restored. Besides, the property market is experiencing a down-turn at the moment. But KSL is still a hold. So whatever the wolves do, do NOT sell!
Foreign funds are exiting for the Chinese bourse at the moment. China's economic re-balancing is expected to be successful and if so, should boom at more than 8% per year up to 2020. If so, the spill-over effect should benefit Malaysia. So lets hope and pray that there will be no war in the South China Sea.
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....
hng33
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Posted by hng33 > 2015-05-21 16:03 | Report Abuse
Bought more KSL at 1.87