Posted by Eagle_T > 2017-08-24 10:10 | Report Abuse

Hihi...Last year he also mention he is confident of hitting RM500 mil sales target....
http://www.theedgemarkets.com/article/hua-yang-track-achieve-property-sales-target-ceo

Posted by BN_menang > 2017-08-24 10:19 | Report Abuse

This time got Puchong projects more saleable. Also Dr Ting Chew Peh MCA strongman, BN can support.

Posted by BN_menang > 2017-08-24 10:22 | Report Abuse

They included the new flagship mixed development project at Puchong West to be launched in October or November this year with an estimated GDV of RM238mil.
The mixed development, which has yet to be named, will sit on 29 acres and have a total GDV of RM2bil.

Read more at http://www.thestar.com.my/business/business-news/2017/08/24/hua-yang-confident-of-hitting-rm400mil-sales-target/#qtwBC30f2BwVEhM5.99

Posted by russelbin > 2017-08-24 10:47 |

Post removed.Why?

Posted by limch > 2017-08-31 16:58 | Report Abuse

Magna Prima may develop 1.06ha in KL

By K. BEGUM - August 31, 2017 @ 10:28am
MAGNA Prima Bhd may develop the prized 1.06ha site in Jalan Ampang, Kuala Lumpur, by itself, instead of an outright sale. It will fetch a gross development value (GDV) of RM2.2 billion.

A new development plan is in the works for the freehold land, where the Lai Meng primary school was formerly situated, according to sources.

“Magna Prima is still open to selling the land if they get a good offer but if it takes too long they will develop the land on their own or in a joint venture with a reputable developer.

“They have been holding the land for seven years and it is time they do something about it. I think the timing is just right as the market is expected to perform better in the second half of next year and onwards. It would be best now to unlock the value of the land,” a source told NST Property.

Magna Prima had bought the land seven years ago for RM1,350 psf or RM148.2 million cash.

The small-cap developer had intended to carry out a mixed project with a GDV of RM1.8 billion at a plot ratio of 1:12.

The proposed project would be made up of two 60-storey iconic towers. One would be a grade A office with Green Building Index features while the other will have a combination of serviced apartments, a hotel and offices.

In 2015, Magna Prima decided to sell the land to strengthen its balance sheet and re-focus on other niche projects.

It was reported that Magna Prima was looking at a price tag of about RM3,500 psf for the land, which works out to RM400 million.

Retirement Fund Inc was interested in buying the land two years ago. The pension fund had offered about RM3,300 psf but nothing was finalised.

According to Hua Yang Bhd chief executive officer Ho Wen Yan, offers are still coming in for the land, which is 300 metres from the KLCC.

“The interest is there because not much prime land in the vicinity of KLCC are still available for development. So there are always offers, but Magna Prima is not actively marketing it.

“In fact, they have just appointed a new architect and are looking at resubmitting for a higher plot ratio currently. So it is possible the land may be developed,” he said last week after the company’s shareholders’ meeting in Kuala Lumpur.

Ho had said previously that he hope the Lai Meng land project would take off in the next financial year or in two years to realise the potential of the company’s investment in Magna Prima.

Hua Yang is the single largest shareholder with about 30.95 per cent stake in Magna Prima.
https://www.nst.com.my/property/2017/08/274920/magna-prima-may-develop-106ha-kl#cxrecs_s

Posted by 888888888 > 2017-09-08 09:30 | Report Abuse

Dr Ting Chew Peh please ask KWAP to buy HuaYang. Push to RM 1.5.

Posted by GreenGreen > 2017-09-17 15:50 | Report Abuse

Magna Prima unveils RM271m condo development in Sultan Abdul Aziz Shah Golf Club
https://www.edgeprop.my/content/1200958/magna-prima-unveils-rm271m-condo-development-sultan-abdul-aziz-shah-golf-club

Posted by Bullshit > 2017-09-25 15:02 | Report Abuse

good chance.

Posted by mjlee > 2017-09-26 21:53 | Report Abuse

my worst stock so far

Posted by Chua Zhi En > 2017-09-27 18:36 | Report Abuse

me too

Posted by Evolution4 > 2017-09-28 20:10 | Report Abuse

i am waiting for it to go down further, but price stagnant now T_T

Posted by Why_ > 2017-09-29 15:11 | Report Abuse

4 sen dividend worse than which banks FD?

Posted by sasword > 2017-10-03 16:32 | Report Abuse

Then all in for ur 4% dividend lo, no1 stop u.

Posted by louis1107cpy > 2017-10-12 17:22 | Report Abuse

after dividend sure up

Posted by louis1107cpy > 2017-10-12 17:25 | Report Abuse

Huayang's few projects are currently going smooth. Housing project in seri iskandar, Perak almost done, now submitting fasa 2. According to MDPT, they are going to buy another big parcel of land for development in Seri Iskandar.

Posted by louis1107cpy > 2017-10-17 10:47 | Report Abuse

haha received dividends this morning

Posted by property > 2017-10-25 16:28 | Report Abuse

Hua Yang launches new development in Johor Bahru
http://www.theedgemarkets.com/article/hua-yang-launches-new-development-johor-bahru

Posted by Eagle_T > 2017-10-27 20:12 | Report Abuse

With this kind of result http://www.malaysiastock.biz/Company-Announcement.aspx?id=1009144, I think Mr. Ho have to work very hard to achieve sales target of RM400 million.

Posted by mjlee > 2017-10-27 20:28 |

Post removed.Why?

Posted by didi2005 > 2017-10-27 20:29 | Report Abuse

Starting from FY2017, revenue & profit keep dropping...
Target 400m revenue for FY2018, but 1HFY2018 less than 100m...
They need to work very very very very hard...

Posted by 酷睿齐聿 > 2017-10-27 22:05 | Report Abuse

development in Johor Bahru very near to ebp3 ecowld

Posted by desmondcsh > 2017-10-28 09:08 | Report Abuse

Anyone knows whether huayang will be disposing its 30% in magna?

Posted by Si Min Tan > 2017-10-28 16:32 | Report Abuse

why would they want to dispose? they just acquired not long ago, have to wait until the investment is fruitful.

Posted by sasword > 2017-10-28 20:17 | Report Abuse

No ppl dare to touch, cash flow gg liao.

Posted by limch > 2017-10-28 20:24 | Report Abuse

Any news on Puchong property launch?

Posted by limch > 2017-10-28 20:24 | Report Abuse

Unbilled sales going up(RM 209 million from last QR RM 204 million) is good news.

Posted by mrboss22 > 2017-10-29 15:05 | Report Abuse

some fruits take time to bear, whilst there are someone analyzing the stocks or bullshitting every second everyday, it is true that huayang is still working hard on their progress. if u only expect great returns from every counter in this hard time, and if it is just so hard for you to be patience, then u'd better be off anyway. why waste ur time spreading bad vibes. if ur assumptions are so great and u can forecast every stock price keep dropping to how many cents u wouldn't be here bullshitting anymore.

Posted by BN_menang > 2017-10-30 09:14 | Report Abuse

i3 members said buy share must look ahead not past QR. MRT2 not good for Seri Kembangan housing project?

Posted by ivan9511 > 2017-10-30 17:06 | Report Abuse

i thought huayang no new project ?
seem no announced

Posted by Si Min Tan > 2017-10-30 20:06 | Report Abuse

current project is Meritus in Penang and Astetica in Serdang. They just announced project in Johor, then coming will be Puchong West project in November.

Posted by Chua Zhi En > 2017-11-06 12:38 | Report Abuse

Damn no chance to cut lose

Posted by Chua Zhi En > 2017-11-06 12:38 | Report Abuse

No rebound at all

Posted by ayam_rocket > 2017-11-06 12:58 | Report Abuse

the last project in One South , everyday the buyers are cursing this developer. mana ade reputation one

Posted by Chua Zhi En > 2017-11-06 13:55 | Report Abuse

What's wrong with those buyers?

Posted by Chua Zhi En > 2017-11-06 13:56 | Report Abuse

Thinking to cut lose, but what counter next to invest even though free up capital from this co.

Posted by Chua Zhi En > 2017-11-06 13:56 | Report Abuse

My worst stock ever since I start invest

Posted by Chua Zhi En > 2017-11-06 14:37 | Report Abuse

Cut. Bye.

Posted by LEEKS7 > 2017-11-07 10:19 | Report Abuse

the vol no big, but share price keep dropping ... y ?

Posted by ttt > 2017-11-07 10:58 | Report Abuse

volume quite big ma... at least bigger than usual

Posted by sr8787 > 2017-11-07 11:54 | Report Abuse

It wil go till 0.6

Posted by Chua Zhi En > 2017-11-07 13:05 | Report Abuse

Volume big means a lot of hope gone and a lot of new dream coming out. Haha

Posted by 林歲寒 > 2017-11-08 16:38 | Report Abuse

爛臭了，真的是十年河東轉河西，寡婦死了兒子，沒指望了！

Posted by LEEKS7 > 2017-11-08 17:34 | Report Abuse

Huayang bought Magna 30% shares, so far any JV project ?

Posted by Chua Zhi En > 2017-11-08 21:02 | Report Abuse

next project hopefully not right issue lol

Posted by speedyact > 2017-11-09 14:27 | Report Abuse

0.6 mari mari

Posted by Si Min Tan > 2017-11-09 15:26 | Report Abuse

drop drop drop! durian drop~

Posted by ayam_rocket > 2017-11-10 14:06 | Report Abuse

like pipe leaking bit by bit

Posted by Teoh Jee Wing > 2017-11-11 09:41 | Report Abuse

No share buy buy back are implemented, mean management also have no confident to their own stock... will drop further..... If the value is there, sure they will buy back and hold it. haha

Posted by Teoh Jee Wing > 2017-11-11 09:43 | Report Abuse

基本面到烂股也只需要几个动作，富二代是表演不出什么东西的。 Ho Wen Yan >>>> Ho Wen Fan?? Do you feel like WTF??

Posted by LEEKS7 > 2017-11-12 10:59 | Report Abuse

Then y they goin invest to magna ?