Posted by insidernews1950 > 2014-08-05 08:56 | Report Abuse

The price will start to pick up before the financial result release. Special dividend might be announced and will boost the price to the higher price. Trading buy call 4.80

Posted by juneteo > 2014-08-05 17:13 | Report Abuse

Pls buy more and keep..........

Posted by lcng123 > 2014-08-05 22:09 | Report Abuse

retained earning occupied 72% of total shareholder fund with nta 3.59, plenitude able declare bonus issue1:1 or 2:1. the last bonus issue 1:1 was in oct 2010.

Posted by Sapphire > 2014-08-08 15:06 | Report Abuse

wow..rain drop is falling on my head..

Posted by tan84 > 2014-08-08 16:10 | Report Abuse

any reason for the 3 % drop??

Posted by lcng123 > 2014-08-09 22:37 | Report Abuse

plenitude is cash rich and land bank rich company, really good prospect for long term. yesterday accumulated a few lots at RM2.91. Will buy in if further drop again next week.

Posted by followme1955 > 2014-08-11 10:03 | Report Abuse

will back to 3 mark very soon. Good fundamental shares and expect special dividend to be announced. Target price 5.00

Posted by Sapphire > 2014-08-11 20:20 | Report Abuse

KUALA LUMPUR: Small-cap developer Plenitude Bhd is planning to launch five developments with a total gross development value (GDV) of RM1.27bil in financial year 2014.

Among the projects the group intends to roll out are semi-detached houses and service apartments in Taman Desa Tebrau, Johor Baru with a GDV of about RM740mil and link houses with a GDV of RM250mil in Taman Putra Prima, Puchong.

Up north, semi-detached and link houses are being planned for the new township of Bukit Bintang beside Plenitude's existing Bandar Perdana in Sungai Petani with a GDV of RM90mil.

There will also be a condominium launch in Penang with a GDV of RM190mil.





Plenitude, however, expects to record lower revenue for its financial year ending June 30, 2013 in light of deferred project launches.

Executive chairman Elsie Chua said the group was “not too near the RM300mil sales target for financial year 2013 but was doing its best to play catch-up.” “We think we would finish the financial year with decent figures, but it would not be at the same level as last year, largely due to the launch deferments, as there were delayed approvals and changes in plans,” she said at a press conference after signing a partnership agreement with Starwood Hotels and

Resorts
for its hotel called Four Points by Sheraton.

Last year, Plenitude achieved a revenue of RM205.96mil and a net profit of RM72.35mil. As for its parcel of land near Komtar, Penang, Chua said it was under planning but would not be an office block or hotel. She said the group continued to look for land in the Klang Valley, Iskandar and Penang. The group currently had 687.97ha of undeveloped land bank.

The property group recently converted its Tanjung Bungah Hotel to the 220-room Four Points by Sheraton, in partnership with Starwood Hotels and Resorts, to be reopened in August.

The hotel was Plenitude's sole hotel development and had been closed since July 2012 for RM35mil worth of renovation and upgrading works.

Posted by Sapphire > 2014-08-11 20:47 | Report Abuse

NTA (RM) : 3.590 ; P/E Ratio : 6.30; EPS (cent) : 46.86 *; Par Value (RM) : 1.00; dividend 7 cts (propose 7cts August 2014); revenue up 224,225 vs LY 208,549; net profit margin 33.8%; Plenitude Berhad uses little or no debt in its capital structure and may have less financial risk than the industry aggregate. Cash Collection is a strong suit as the company is more effective than most in the industry.TOTAL CURRENT ASSETS 562.9 vs TOTAL LIABILITIES 136.3 (Cash King).

Posted by Sapphire > 2014-08-12 11:17 | Report Abuse

good management team and earning consistent every year based on history record..

Posted by Sapphire > 2014-08-12 11:25 | Report Abuse

nta will reach.3.70+ when august quarter report announce..dun be late..buy now!

Posted by juneteo > 2014-08-12 11:36 | Report Abuse

How true?

Posted by Sapphire > 2014-08-12 14:07 | Report Abuse

its juz my point of view...let see...buy finish all the seller first at lower price..b4 we fly..xD

Posted by stkoay > 2014-08-12 14:17 | Report Abuse

Wah........Sapphire doing a great job here.....hehe...
Another GREAT BUY and it's about to FLY - KSL.
BTW, how's your new Camry?

Posted by Sapphire > 2014-08-12 20:09 | Report Abuse

toyota camry upgrade to lexus...hehe..

Posted by Sapphire > 2014-08-12 20:14 | Report Abuse

tp rm3.30. no changes

Posted by Xiaoxiao > 2014-08-12 21:24 | Report Abuse

How much return you all think or estimate that Gurney hotel will bring to Plenitude in term of annum profit / acquisition cost?

Posted by stkoay > 2014-08-12 21:26 | Report Abuse

KSL about to FLY........
Jump back in......
Don't miss the boat......
This kind of opportunity is hard to come by!!!!!!!!!!!

Posted by Xiaoxiao > 2014-08-12 21:29 | Report Abuse

Hi Sapphire, may I know where is the announcement of the 7 cents dividend that you are referring to?

Posted by lcng123 > 2014-08-12 22:37 | Report Abuse

estimated calculation done by elaine of beauty stock, the revenue about 25mil (based on 73% hotel occupation of 259 rooms, RM280/room, plus rental income and car park fee), profit margin 20%, so net profit about 5mil.

Posted by lcng123 > 2014-08-12 22:43 | Report Abuse

I visited Agoda.com to check the hotel room price, price offer from RM260 to RM500, so RM280 in calculation is reasonable.

Posted by Sapphire > 2014-08-13 08:10 | Report Abuse

lets wait and see the august quarter report..so excite...hehe.

Posted by Sapphire > 2014-08-13 08:12 | Report Abuse

15days left..

Posted by stkoay > 2014-08-13 15:19 | Report Abuse

Last Call.....Last Call.......
The Captain of KSL is making the final call......
Get on board don't miss the boat......
KSL.....KSL.....last call.....last call....

Posted by wiki123 > 2014-08-13 17:21 | Report Abuse

Once taked about 7cent dividend, it up 7 cent for you.. haha.. covered dividend already

Posted by Xiaoxiao > 2014-08-13 20:43 | Report Abuse

Hi lcng, how many of the room is studio suite and how many is bedroom suite? I use 29% /（100%-25%）=39% to calculate profit margin. The 29% is Shangri-la's net profit margin whereas the denominator is to put back the taxed amount because the room rate on Agoda is excluding tax.

Posted by Sapphire > 2014-08-13 22:48 | Report Abuse

this stock no good faster selll...haha..

Posted by Sapphire > 2014-08-13 22:49 | Report Abuse

sell and runn..i buy u at 2.91-2.92 tomolo..

Posted by Sapphire > 2014-08-14 20:38 | Report Abuse

come downnn..let me buy at 2.95...

Posted by stkoay > 2014-08-14 23:38 | Report Abuse

Last call......Last call.....
KSL broke 3.60.......and will soon touch RM4 in the short term
And RM5-RM6 in the long term
Don't miss the boat!

Posted by juneteo > 2014-08-15 00:00 | Report Abuse

Different boat.....

Posted by followme1955 > 2014-08-15 12:36 | Report Abuse

This will be the next KSL. Debt zero company and a lot of cash on hand so expect to give generous dividend (special dividend) in coming quarter. Target price 5.00

Posted by juneteo > 2014-08-15 15:53 | Report Abuse

Flying.......

Posted by followme1955 > 2014-08-15 15:54 | Report Abuse

The next KSL. Better buy now before it fly to 4.00 soon. Target price 5.00

Posted by juneteo > 2014-08-15 16:08 | Report Abuse

Yes...

Posted by juneteo > 2014-08-15 16:08 | Report Abuse

2.92 buy a lots lor

Posted by juneteo > 2014-08-15 16:09 | Report Abuse

Now to put in some.....

Posted by followme1955 > 2014-08-15 16:11 | Report Abuse

The plenitude land evaluation hasnt been updated for X years (rm30 per SQF only, now worth much more than that)so once the new valuation of the land kick in next quarter , the share price will goes to new high. Debt free company and plenty of cash on hand, this share will be the next KSL. Target price 5.00

Posted by followme1955 > 2014-08-15 16:28 | Report Abuse

will touch down 3.35 by today. Trading buy call 5.00

Posted by JXRepcoBuffet > 2014-08-15 16:39 | Report Abuse

RM5?

Posted by RJ > 2014-08-15 16:43 | Report Abuse

I think RM5 too conservative.

Posted by RJ > 2014-08-15 16:44 | Report Abuse

Net Cash also RM1.50 liao..

Posted by lcng123 > 2014-08-15 18:16 | Report Abuse

i think good news to be announce soon.

Posted by Xiaoxiao > 2014-08-15 18:38 | Report Abuse

followme1955, how would you know when the land would be re-valued? Thanks

Posted by juneteo > 2014-08-15 20:53 | Report Abuse

Buy more now, b4 quarterly report come out

Posted by Patrick Ngian > 2014-08-15 21:09 | Report Abuse

good company with good management.. i prefer lady ceo .. more prudent and serious about business..

Posted by stkoay > 2014-08-15 21:19 | Report Abuse

Up with low volume (812,100 shares ONLY).
Is this for real? Or just one day show only?
Time will tell.....Let's see.....if it can become the next KSL.

Posted by juneteo > 2014-08-15 22:07 | Report Abuse

1st is SHL, 2nd is KSL and now Plenitude, same construction line, follow one by one flying.......

Posted by mhchai > 2014-08-15 23:43 | Report Abuse

Patrick Ngian, SDRED ceo also a lady :p

Posted by stkoay > 2014-08-16 12:01 | Report Abuse

This one is NOT the same........

http://www.thestar.com.my/Business/Business-News/2014/08/16/KSL-strategy-pays-off-Property-developer-knows-what-market-wants-sticks-to-areas-its-knows-best/