juneteo. KSL already flying....high........is correct, but to be precise....KSL has just started to fly...... at 3.77......it still has a long way to fly to reach Kenanga's fair value of RM6.63.............haha.
juneteo. Good Morning, wah.......you sleep very late and wake up very early......haha. Just buy a little KSL, and join us there......here is a little quiet and lonely.........
Baby milk time, sometime will wake up AM time. KSL is too high for me. Plenitude still low....price and also quarterly report not yet come out. Now very low price for Plenitude, pls buy and keep. SHL flying a bit too. I yesterday bought a lots at 3.0. FYI, SHL will fly again.
Debt zero company and plenty of cash on hand. Bonus shares or special dividend might be on the edge to announce in this month. Trading buy call 5.00. The next KSL
Another Germ to buy and will keep going up like KSL. The Land bank will be revalued and the Asset per share price will be increased significantly. Trading buy call 5.00
Revaluation will be done soon and it will start to reflect to the price. Good fundamental share with no debt and plenty of cash and asset. This is the cheap and undervalued germ. Special dividend and bonus shares are expected. Trading buy call 5.00. Long term target 7.00
followme, don't misleading people here, under malaysian security rules, land use for housing development CANNOT be revalue. however, undervalue land can increase the profit margin when they sell the completed housing properties or they can get huge profit when they sell the land. only properties investment can revalue. please comment something that is true.
joel, sometimes don't trust the cover research reports. better do your own research and study. no doubt plenitude is a good stock, but you need some patient on it. it has hold huge cash and cheap land bank for a couple of years. no special dividend and no land revalue as followme mentioned so far (in fact no revalue at all). last bonus issue was 4 years ago. when will be special dividend and bonus issue, nobody knows. could be another 1 to 2 years or 3 to 4 years. however if you look at the percentage of retained earning / total equity, stood at 72%, the chance for bonus issue is there.
my opinion is for long term.... yes. if plenitude can generate revenue 300mil with net profit 100mil and profit margin 33% (due to cheap land bank) every year, i am sure there must be another bonus issue declare.
they will declare dividend in oct. but you might be disappointed if you looking for special dividend. they just announce to acquire a resort hotel for rm160mil and they need cash now. however there still be a hope for bonus issue. bonus issue does not involve cash.
why so Pessimistic on plenitude's result. it still look ok with 4q total 32sen better than previous year. confirm dividend in oct and chance for bonus issue remains unchanged.
seems like ppl always just compare q on q and dont look at the bigger picture... overall 2014 bottom line still grew and last year there was one off profit of 9.2mil from land sale, one off 5.6 mil goodwill impairment this q. They are still cash rich and with recent acquisition looks like they are putting cash to better use to generate more passive income.
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....
stkoay
6,490 posts
Posted by stkoay > 2014-08-22 00:21 | Report Abuse
juneteo. KSL already flying....high........is correct,
but to be precise....KSL has just started to fly......
at 3.77......it still has a long way to fly to reach Kenanga's fair value of RM6.63.............haha.