I think sifu 118 is just 18 years old......just old enough to open a CDS account to buy shares........ Maybe that was 40 years ago....... But is still younger than my bro CCH........ Hahaha..........
Good try stkoay. But I guess age-guessing is not as good as your stock price instincts! Ha Ha Ha! I wish I'd sold KSL at 4.40 last time. In fact I should not have sold KSL at all since it is an longer term investment stock!
Kenanga has issued KSL-CA maturity date 1/7/2015 with exercise price of rm2.25, to avoid lose money sure they will suppress the price with the help of Ku family. They are in fact a bastard, they try to make money at the expense of genuine small investors.
As I've said, I am considering very seriously to lodge a report to KLSE and the Securities Commission of illegal insider/syndicated trading of KSL's shares in Dec 2015 and Feb 2015. I may even lodge a police report as well!
according to previous records, 1.8 region is a good buying apportunities...likely to come back to 2 to 2.05 in next 6 months...a 10% gain, downside risk looks minimal with company buy back in place
Yes sikung 119, pls keep cool on this half human half wolf thingy….the fact is KSL is a rough diamond…it will shine eventually becos of its VVSI quality….we shd nurture the patience & the elegant coolness & eventually this gem will take off… The boss cannot tahan for too long la when his peers' shares PE so much more than his….sorry to say that the police report may not have much effect la…..:))
If foreign funds sell, new foreign funds will likely pour in due to the cheap ringgit. The present foreign funds withdrawal is to reinvest in the Chinese stock market which is going to be regraded upwards. The Yuan is slated to be included in the IMF's SDR (special drawing rights) basket of currencies and China's indexes are to be included in the world's index for emerging markets. This means the Yuan will formally achieve 'blue chip' status and global funds, especially index linked-funds will have to weight up their holding of Chinese stock and bonds. China's economic re-balancing to consumption-led growth (instead of export-led) is expected to succeed and growth is expected edge upwards to 8% or more to 2020. That's why the funds are pouring into China's stocks now! Here in Malaysia, the only draw-back is the very incompetent economic management and perceived corruption!
Apart from UOA Dev Group Bhd & Matrix, KSL is among the best property companies that have huge cash, very minimal borrowings and sitting on low land cost. Many investors are afraid to invest in property companies with huge exposure in Iskandar, Johor as can be seen from the weak share price of UEMSunrise and Tropicana. However, KSL should be valued higher since its landbank is scattered all over Johor, not only in Iskandar, where real demand is still there. As with Matrix & Scientex, KSL is sitting on low land cost, which enable it to price their property launches more competitive compared to others. This can be seen from the affordable price offering. The fall in ringgit value as compared to Singapore Dollar will enhance property prospect in Johor, which increase demand from Singaporeans.
KSL has consistently posted good result every quarter due to combination of property development profit and recurring income from mall. They are expected with to build another mall dubbed as KSL 2 in near future. With strong balance sheet, they can afford to build 2 more malls without stretching their gearing to much, and it has been reported that they can borrow up to RM900 million, while gearing may increase only to 0.5-0.6x. At 30%, their recurring income is high compared to other developers, and provide support to their earnings in the weak market like this.
KSL has announced dividend policy of 40% from their net profit, which amounted 14 cent if the current performance is maintained. At current share price, the dividend will be 8% which is very impressive. Hopefully they will announce half of the dividend for next quarter announcement. KSL also announce new sales for Q1 2015, which totalled RM150 million, this value is set to improve once they launch new project from H2 onwards.
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....
kenneth89
2,695 posts
Posted by kenneth89 > 2015-06-05 08:00 | Report Abuse
today briefing