Grab the latest copy of The Edge Malaysia weekly and read the article about Huayang at City&Country Page 6. You will love to acquire more shares after reading.
Title: "Hua Yang to continue build affordable homes"
buy buy buy? I went to shopping complext just now. A lot of property fair and many are surrounding those companies. It seems people are still keen to own more houses as investment.
that's the reason because already drop so much. Company is not losing money, may be some "other" reason to push the share down. I believe the stock has limited drop from now, it's decline has saturated from 2.xx That's why I rather take risk now which has decline over 30%. It's time to start buying little by little and hold until it rebound. My strategy :)
Trop gearing is still very high. That is why Trop needs to sell Tropicana mall n office to lower gearing. Unfortunately Trop is caught with the downturn and oversupply of office space and Budget 2014 measures dampening sales of Metropark and its many projects in Danga Bay. Funds are staying away
Capital Malls of singapore pulled out of deal just in time before Budget. If Singapore companies like CapitalMalls reject, no malaysian companies will buy unless its a song like 50% discount
stock5678 don't you think it's better to hold on Huayang while waiting for clearer picture from Trop ? Huayang looks promising compare to other property counters.
HuaYang is very strong on its financial performance. I have more faith on HuaYang compare to Trop which is highly geared. Trop seriously need to improved its gearing close to its competitors to boost up investors faith on it. HuaYang is managing well and providing good returns, I'm sticking close to it and grow my funds with them. UP UP HuaYang. .
I love Hua Yang;s growth and the way the management rewards its shareholders. TROP is no comparison .No sentiments in myview.Get both data together to compare and u know .Hua Yang is a class abv.....superior The challenge for Hua Yang and all its similiar industries is how the real estate market will behave in the coming mths...If Hua Yang cant survive, Trop will be in deep shit.Trop earnings dropping year to year. My opinion only...
I certainly agree with you 4u2c.I have visited their few project sides which is currently being developed by HuaYang. The units are selling like hot cakes. Further they are focusing on affordable properties targeting the medium income group and first time house owner. No doubt if you compare their financial performance within the industries, HY is on a superior quality and with high potential growth. Shareholders need to be taken care of and I personally felt that HY Mgt is doing an awesome job with they proven track record on a high ROE. This is solely my personal opinion
Don't care too much about the temporary sentiment. There will be a short period of dampening in all property counters. This is the time to collect more. Cheers
Huayang's project is doing very very good. They don't do launching, yet their property can be sold out very fast like hot cakes. A good example will be Setrio Suites in Desa Pandan & Metia Residence in Shah Alam. Do expect excellent earnings next quarter.
its true that metia sold off quite fast n meanwhile sentrio still have some unit left if im not wrong..but how about their landbank? for a dev to survive in the industry they need to have a good amount of land bank or bank land watever they call it la... i know they purchase land in seri kembangan and puchong..any other place?
叶杰昌 go to HuaYang homepage, u will find a latest article from The Edge. According to the article, HY's landbank GDV at klang valley,Perak and Johor estimated at around 4.12billion and beyond FY14 they still have 3.05 billion in development to be launch. Hence the Management is confident that their earnings could be sustain over the next 2 to 3 years.
Hua Yang unlikely to perform well short to medium term: 1. Budget measures will hit sales 2. Land bought are not prime 3. Overpaid for land purchased recently 4. Gearing will increase dramatically with these land purchases 5. Mounting interest costs 6. Not sufficiently prudent
I got the info from all sources. HO, CEO (young man of about 30), bought KG Pandan land for RM 32 million (475 psf) through Zerin Properties when no other property company wants to touch at that price. MV estimated at 300 psf. He also bought a parcel of land for RM 158 million in Puchong area at RM 124 psf. MV estimated at RM 70 psf. You can verify my comments easily. All factual
price of RM 475 to RM 70 psf is big difference..! I think this company knows what they are doing.They have great past track records. After bonus split, their shares have depreiated 11.2 pct ...that is hard to swallow for me.Budget Sales may hv drove that
So are my comments correct? Pls read carefully. RM 475 psf should be at RM 300 AND RM 124 psf should be RM 70. Pls compare apple with apple
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Posted by ccl88 > 2013-10-31 11:49 | Report Abuse
This counter really a wayang counter. LOL