Posted by davidkkw79 > 2014-02-13 23:42 | Report Abuse

JOHOR BAHARU, Feb 13 — Menteri Besar Datuk Seri Mohamed Khaled Nordin today announced an interest-free housing loan scheme for the civil servants in the state.

He said the scheme will take effect on March 1, 2014.

Before this, civil servants in the state have to pay four per cent interest.

Khaled said civil servants still having a balance, which is being deducted from their monthly salary, the new balance will be reflected in April or May.

The new payment schedule under this scheme will start in May or June, he said, after giving his first briefing on the scheme to some 1,500 civil servants in Kota Iskandar today.

Khaled said the government was been always innovative in tackling the people’s problems and “most importantly, all these innovations are contributed by the civil servants themselves.”

Johor has a closed civil service, which means state government employees cannot be transferred to outside the state.

Khaled said among the salient point in Budget 2014 was that the government understood the importance of helping to reduce the cost of living.

“Measures such as launching more affordable housing projects are timely. This means the government cannot just let the market forces determine house prices,” he said.

Khaled said opening more Kedai Rakyat 1Malaysia country-wide would enable the people to buy essential goods at lower prices.

“If implemented effectively, it will help ease the people’s burden,” he added. — Bernama

Posted by 9010 > 2014-02-21 20:47 | Report Abuse

Hi lcng123, You mentioned about the RM700m worth of projects they are launching. Where would that be? In Johor?

Posted by lcng123 > 2014-02-21 21:56 | Report Abuse

Plenitude going going to launch housing project worth RM753mil in FY2014 (July 2013 ~ Jun 2014) in Taman Putra Prima, Puchong (87 units, 70% sold), Taman Desa Tebrau, JB (94 units, 80% sold), Bukit Bintang (169 units) and Ferringhi Bay, Penang (149 units). The Executive Chairman further mentioned more housing project will be launched in year 2014 and it will contribute positively to the group.



財经 2013年10月31日
（吉隆坡31日讯）隨著政府在2014年財政预算案推出数项打房措施，包括上调產业盈利税（RPGT），鹏尼发展（PLENITU，5075，主板產业股）指出，明年房產业价格会受到一定的影响。不过，鹏尼发展认为，这些措施对它的影响不大，因为其客户以家庭为主，而非投机者。

鹏尼发展执行主席蔡爱施指出，政府上调產业盈利税主要是对炒家施压，而鹏尼发展的客户主要是以家庭为主，所以对公司的影响不会太大。相反的，对於一些炒家热爱的房產公司来说，就会有所影响。

虽然房价一年比一年高，但她相信在政府的带领下，大马的房地產前景仍然处於乐观的水平。

她在鹏尼发展首席执行员陈胜財的陪同下，出席鹏尼发展股东大会后，如此指出。

她指出，鹏尼发展2013財政年（6月30日结帐）迄今的营业额为2亿零854万7000令吉，较去年同期的2亿零595万9000令吉，成长9.97%。

另外，鹏尼发展2013財政年在全部发展项目中，已经成功卖出1万2491个单位，总价值为33亿令吉。

「鹏尼发展在2014財政年的总发展价值（GDV）高达7亿5300万令吉。」

雪柔檳推新盘

她补充，2014財政年总发展价值包括该公司即將在明年推出的新盘，如蒲种Taman Putra Prima第3E阶段，拥有87个单位、柔佛Taman Desa Tebrau第12A阶段，拥有94个单位、武吉免登（BUKIT BINTANG）第1A和1B阶段，分別有121和48个单位和檳城Ferringhi Bay公寓，拥有149个单位的发展计划。

她指出，鹏尼发展目前位于柔佛Taman Desa Tebrau和雪兰莪Taman Putra Prima的双层和三层的高档房產，受到公眾热烈的反应，认购率分別达到80%和70%。

「我们计划在2014年推出更多房產发展计划，相信会为公司的净利带来一定的增长。」

鹏尼发展地库总面积为1723英亩，並计划在2014年继续购地。迄今，鹏尼发展已经完成的开发项目总值27亿3000万令吉。[东方日报财经]

Posted by kinz > 2014-02-21 23:41 | Report Abuse

just to let ou guy know , this BUKIT BINTANG , NOT the BUKIT BINTANG that u think . This one is in North Malaysia . My hometown . hahaha

Posted by 9010 > 2014-02-22 11:05 | Report Abuse

lcng123, kinz thanks for the information.
Based on their Q1 FY2014 results it looks like they have booked in some of the revenues from some of the above mentioned projects.

Posted by davidkkw79 > 2014-02-27 19:39 | Report Abuse

Almost 10 sen EPS, fanstatic result.

Posted by topseeker > 2014-02-27 23:35 | Report Abuse

SUPER NICE QUARTER RESULT. INCREASE ALMOST 300% COMPARE TO LAST YEAR SAME QUARTER

Posted by davidkkw79 > 2014-02-28 10:27 | Report Abuse

what a poor company, eventhough continue delivering good result, but still overlook by market.

Posted by SJSOON > 2014-02-28 11:04 | Report Abuse

Why no body else buy this counter?

Posted by lcng123 > 2014-02-28 15:05 | Report Abuse

people over here don't know how to evaluate the stock.

Posted by davidkkw79 > 2014-02-28 16:07 | Report Abuse

u ask traders or speculators to learn how to value a company, impossible lar !

Posted by gohcheehoh > 2014-03-01 02:29 | Report Abuse

Be patient. With such Gd performance n huge cash pilling. In h1 2014 easily > rm 3

Posted by gohcheehoh > 2014-03-01 02:32 | Report Abuse

Same as Mkland. Gd performance n with a lot of land - time will reflect the true value.

Posted by davidkkw79 > 2014-03-03 12:38 | Report Abuse

adui... apa lousy stock ini?!

Posted by davidkkw79 > 2014-03-03 15:53 | Report Abuse

good asset and rich cash company, but just ignored by market ?!

Posted by beecheng > 2014-03-03 17:25 | Report Abuse

can't understand....

Posted by frankco > 2014-03-03 18:54 | Report Abuse

this is excellent share, share price should rise when analysts publish it in the paper..time to buy when no body is buying it... overall good EPS, strong cash flow, and profit.. future development projects are out there, prudent management... only thing i hope to see is share share buy back..soon to be another Brem.. Any risk that anyone aware of ?

Posted by lcng123 > 2014-03-06 21:44 | Report Abuse

i am accumulating plenitude right now. i am believe one day the management will release its value to benefit shareholder.

Posted by lching > 2014-03-09 23:48 | Report Abuse

management has to be more generous to boost the price.

Posted by speakup > 2014-03-10 07:30 | Report Abuse

this is cole-eye company. just like ecs-ict

Posted by SJSOON > 2014-03-13 19:02 | Report Abuse

@Icng123: I have gone through quite a number of your posts on several counters and interestingly I have found that you are purely a fundamentalist investor (from the types of counters on which you commented could tell). I wonder why most of the counters that you have picked are mainly property counters. To me, property developers are running extremely lucrative business as compared to other sectors. Plus, after the correction brought by the uncertainty of QE tapering, most uninformed investors were already flushed out from the market and currently most property counters are relatively cheaper than other counters. I have realized that most counters endorsed by you share some similarity: large landbank acquired at cheaper price in the past, acceptable leverage ratio, low PE, and earning visibility remains intact as on-going projects are carried out smoothly. Yes, based on fundamental analysis, it's good time to enter at this moment. But, the theme is not lying on property sector now. Being a small retail investor, should I pour all the fund into property market, it may increase my portfolio's exposure to specific risk in this sector. However, from the recent transaction records, property counters remain sluggish despite the good news of improved earnings just released last month. How do you think about it? Please advice. Thanks.

Posted by davidkkw79 > 2014-03-18 17:52 | Report Abuse

talking so much but the price just like totallly forgot by market..

Posted by davidkkw79 > 2014-03-19 14:42 | Report Abuse

stupid counter

Posted by lcng123 > 2014-03-19 16:26 | Report Abuse

today 2 of my heavy duty counters, mkh and protasco hit new high record. soon will be plenitude. if you think plenitude is stupid stock, you better clear stock before it is too late.

Posted by davidkkw79 > 2014-03-19 18:42 | Report Abuse

MKH & protasco can hit new high, is because of their growing momentum.... not like plenitude, just old folk managing it, and without any new big project, just for defensive play only.

Posted by lcng123 > 2014-03-19 20:32 | Report Abuse

so actions must be taken on plenitude, right? your suggestion, please ? hold? sell?

Posted by davidkkw79 > 2014-03-19 20:35 | Report Abuse

if have better choice on other counters,then should sell out plenitude.

Depend on you, want to play safe or looking better profit.

Posted by lcng123 > 2014-03-20 00:16 | Report Abuse

you mean plenitude safe stock? are you plan to sell out plenitude?

Posted by davidkkw79 > 2014-03-20 19:21 | Report Abuse

I just sold out, and chase for FPI

Posted by lcng123 > 2014-03-20 21:44 | Report Abuse

oic. good luck.

Posted by SJSOON > 2014-04-07 11:38 | Report Abuse

This company has a strong balance sheet. Fundamentally speaking, it is worth investing. However, let me point out some facts that may not be favorable to me as an ordinary shareholders: (1) The management does not share ownership in the company. Even if they were, the shareholding would be negligibly small. (2) The company lacks creativity to promote their development projects. Comparing to its peers, eg TROP, OSKPROP, SBCCORP etc, their publicity leaves much to be desired. (3) The management is too low-profile. Sometimes, it is good to let the media and other agents to help the company do FoC publicity. Otherwise, though it is undervalued, fundamentally speaking, no one can realize it could be a shinning pearl.

Posted by johotin88 > 2014-04-09 20:19 | Report Abuse

Should be the 3rd shining star after MKH and SBCCORP.

Posted by lcng123 > 2014-04-10 09:57 | Report Abuse

plenitude in uptrend, hits rm2.73 now, toward year high record of rm2.79.

Posted by lcng123 > 2014-04-16 16:07 | Report Abuse

well done. plenitude move up slowly. hits high record.

Posted by lching > 2014-04-16 16:24 | Report Abuse

finally move after so long.

Posted by weng77 > 2014-04-16 16:34 | Report Abuse

Price with higher volume.. bullish run should be sustainable toward RM 3.00 and continue

Posted by frankco > 2014-04-16 19:02 | Report Abuse

keep up the momentum..:)

Posted by alphajack > 2014-04-17 23:09 | Report Abuse

Plenitude omg is it coming liao? I haven't entered yet but I always knew this company is deeply undervalued. Fair value should be around RM5. OMG IS IT THERE YET? If this whole week green I would have to make a move d..Still too early to say lai liao..we shall see..

Posted by lcng123 > 2014-04-18 11:27 | Report Abuse

alphajack, some stock share price move up slowly. you not even know the price was up until it was too late when you realised. plenitude will be the one. many people do the same thing like you. you have to enter in advance and keep it when nobody was interested on it.

Posted by David Ng > 2014-04-20 08:54 | Report Abuse

Anyone has Plenitude's RNAV numbers ?

Posted by lcng123 > 2014-04-21 15:16 | Report Abuse

plenitude is moving up slowly, going to hit rm3.00 soon.

Posted by lching > 2014-04-21 18:11 | Report Abuse

closing above $3.

Posted by chiongster1234 > 2014-04-28 14:34 | Report Abuse

lama tak naik leh...

Posted by buybuybuy > 2014-05-06 09:45 | Report Abuse

The share is undervalued and oversold so we will see price correction this week. Time to buy now when this share at low price. The land will be re-evaluated and it will show the truth value of this share. Target price 4.50.

Posted by pradeep > 2014-05-14 18:46 | Report Abuse

Buybuybuy what is the cash position and which parcel you are referring and how you arrived at 4.50

Posted by buybuybuy > 2014-05-19 10:04 | Report Abuse

The share is undervalued and going to continue its uptrend line. The land will be revalued and last evaluation was 5 years ago so I expect the share will goes up significantly after the new estimation kick in. (The land bank at Iskandar, Melaka, Klang, penang ,etc) Target price 4.50 ,high force will be 5.00

Posted by buybuybuy > 2014-05-22 08:58 | Report Abuse

Going to hit 3.00 mark today. Target price 4.50

Posted by buybuybuy > 2014-05-27 08:56 | Report Abuse

Net asset per share is 3.57 so the share is undervalued and the new estimation of the land will push the net asset per share to new high 5.00

Posted by kk123 > 2014-06-17 15:07 | Report Abuse

Plenitude could be the next daiman .. It has landbank all over and cheap ..

Posted by kk123 > 2014-06-17 15:10 | Report Abuse

Moving up..