One of the three LRTs radiate out from JB Sentral (RTS terminal) will proceed all the way to Impian Hills, has a station at Tebrau City. Both Tebrau City and Impian Hills are developed by Plenitude.
So what should be the impact on Plenitude share price?
I am holding Plenitude share below rm 1.00 Will hold it at least until RTS is ready. If LRT really take place and has a station at Tebrau City, then will hold the share until that LRT become operational.
Plenitude is the most valuable hidden gem in Malaysian property counter due to extremely low land cost. Very good FCF. Very capable and credible BOD. Very solid major shareholders.
To make 50% profit from this counter within 6 months is sup sup water.
Don't miss the forest for an old tree. Just look at the probability of making 50% profit from Plenitude vs 50% profit from a grossly overpriced stock (from 4 ringgit to 6 ringgit). Weigh the risk of losing big when you only see a table-size cookies drawn in the air.
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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....
Lam LH
288 posts
Posted by Lam LH > 2024-01-05 13:32 | Report Abuse
TP 2.0 - 2.5