All johor based property companies were up today due to spill over from IWCity excitement. Believe that investment bank may reconsider the discount for KSL RNAV. KSL were discounted 90%! from their RNAV of RM7.07. If IWCity RNAV is RM4.50 and now fetch a price of RM2.08, KSL should be RM3.30.
With future HSR between KL and Singapore, potential REIT after completion of Klang KSL City Mall 2, KSL would fly. As other property companies are affected by slowdown of property sales, KSL continues to rack huge profit, higher than industry average due to KSL Mall & Hotel. Now their investment property contributes almost 30% to the profit!.
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....
tklim
3,205 posts
Posted by tklim > 2017-03-10 09:32 | Report Abuse
Flying high...