I sold all mine.... Not much development in northern as compared to other new players in this region. The existing projects in tambun area are mostly sold out and I don't see any other big project which will be launched soon or in the future....
Good opportunity to accumulate at rm1.42 recently. just wait for rebound when more good news such as 2nd Penang Bridge and others development around this area.
speaking from experience, there was once i bought during the QE tapering at Sept'13 (last year). The counter was performing quite well - hence, i bought at RM1.54 - and then, viola the next few weeks, the counter drop to RM1.30. Hehehe...nearly heart attack... hence, learning from this experience, patience is a virtue. Wait until it drops back to RM1.40 and below, and then start to accumulate further. Anyway, for buyers - the downward pressure on KLCI now is helping us buyers to accumulate more at bargain prices. In my books, bargain prices is at RM1.40 and below. Just need to wait....
Based on bloomberg quotes, the Q4 result will be announced by 21st Feb.
Anyway, I believe the article in Forbes Asia might have caught the attention of foreign funds. After a low RM1.42, the share has rebound to RM1.57 today. It has been twice since when the price is just about to move upwards, the QE tapering fear bogged it down. Hopefully the 3rd attempt to chart new high beyond RM1.62 won't be hampered by QE tapering issues again.
The spillover effect will not shown immediately right after 2nd link open, but it will bring up the land value slowly for sure. Tambun is in the right position to see stronger sales moving ahead.
Tambun Indah Land Bhd, a leading property developer in mainland Penang, expects recurring income starting next year from its 43.3-hectare business park project in Simpang Ampat. Managing Director Teh Kiak Seng said the park at Pearl City, its flagship township
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 366 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11699 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
kancs3118
2,201 posts
Posted by kancs3118 > 2014-01-21 14:16 | Report Abuse
sigh - increase back to RM1.50