TAMBUN INDAH LAND BERHAD

KLSE (MYR): TAMBUN (5191)

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Last Price

0.89

Today's Change

-0.015 (1.66%)

Day's Change

0.885 - 0.905

Trading Volume

72,900


15 people like this.

3,009 comment(s). Last comment by Bitgold 3 days ago

maliong

5 posts

Posted by maliong > 2014-02-26 14:21 | Report Abuse

mali mali ong

jjasonlim

783 posts

Posted by jjasonlim > 2014-02-26 14:51 | Report Abuse

Annual report annouce? Dividend?

Alex Lim

588 posts

Posted by Alex Lim > 2014-02-26 15:01 | Report Abuse

today announce Q result....

ApaMauMau

43 posts

Posted by ApaMauMau > 2014-02-26 17:00 | Report Abuse

Seem 1.7 will be another support point...Hopefully...

Alex Lim

588 posts

Posted by Alex Lim > 2014-02-26 17:03 | Report Abuse

close at 1.73 today....waiting for Q result....

Posted by greatinvestor > 2014-02-26 17:31 | Report Abuse

We'll done Tambun!

Posted by greatinvestor > 2014-02-26 17:31 | Report Abuse

Declare 4.6cent div...

jjasonlim

783 posts

Posted by jjasonlim > 2014-02-26 17:33 | Report Abuse

Annouce 4.6sen dividend

Posted by manutdchampion > 2014-02-26 17:57 | Report Abuse

confirm 4.6sen?tq

Posted by manutdchampion > 2014-02-26 18:04 | Report Abuse

oic thanks: ApaMauMau

Alex Lim

588 posts

Posted by Alex Lim > 2014-02-26 19:02 | Report Abuse

good result. ....flying again......

maliong

5 posts

Posted by maliong > 2014-02-26 19:18 | Report Abuse

ngam ngam timing

Posted by tham hoe yean > 2014-02-26 19:40 | Report Abuse

Will it break all time high tomorrow? let see

azlan88

509 posts

Posted by azlan88 > 2014-02-26 20:40 | Report Abuse

Best ever result! Record revenue, net profit in a quarter! Quite surprise when RHBIB prediction is almost correct (revenue 376 million and net profit 64million). The only difference is Tambun is yet to surpass the TP RM2.08 but this will happen soon.

Dividend of 4.6 cent is an improvement from 3.3 cent from last year. Although the total dividend of 6.60 cent is lower 9.10 cent, I believe Tambun might want to conserve some cash for land acquisition. Going through the numbers in the report, Tambun cash increase form 95 million to 125 million, the long-term borrowing decreased by few millions.

Going forward, Tambun launches planned for 2014 include new projects such as Pearl Harmoni, Pearl Avenue 2, Raintree Park and Pearl Tropika in Pearl City, Simpang Ampat, Camellia Park in Butterworth and Taman Bukit Residence in Bukit Mertajam.

To ApaMauMau, conversion of warrants is too small and does not impact the share price at all. The transfer of Novinia Sdn. Bhd. to be put under Palmington Sdn. Bhd is just a normal excercise. The land held by Novinia (which Tambun bought in December 2013) might be developed by Palmington and reduce the cost since Palmington has all the machineries and project team to develop the land.

Cheers!

Posted by Newbiebetta > 2014-02-26 22:30 | Report Abuse

is time to buy more, i like their dividend policy

gnat

66 posts

Posted by gnat > 2014-02-26 22:32 | Report Abuse

Delighted with the announcement. It's within expectation. Very difficult to acquire more landbank, as they are very fragmented.

gnat

66 posts

Posted by gnat > 2014-02-26 22:33 | Report Abuse

Going forward, expect less revenue from sales.

gnat

66 posts

Posted by gnat > 2014-02-26 22:34 | Report Abuse

Shopping mall and international school are great idea.just like gated and guarded concept

gnat

66 posts

Posted by gnat > 2014-02-26 22:35 | Report Abuse

But is SPS ready for these?

Saturn101

681 posts

Posted by Saturn101 > 2014-02-26 22:37 | Report Abuse

U r cordially invited for the PSB party....




http://www.bernama.com/bernama/v7/newsindex.php?id=1017380

gnat

66 posts

Posted by gnat > 2014-02-26 22:38 | Report Abuse

Now it is about 20% below fair value. I am looking forward to upward revision of target price

Melaos

171 posts

Posted by Melaos > 2014-02-27 07:23 | Report Abuse

Wow giant profit for thus q, can still buy at this price?

Investeye

2,347 posts

Posted by Investeye > 2014-02-27 08:30 | Report Abuse

More uptrend, better hold my balance lots as expected more uptrend!

cheeseburger

2,878 posts

Posted by cheeseburger > 2014-02-27 09:22 | Report Abuse

will probably test 1.8- 1.9 after bridge 2 open

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2014-02-27 09:32 | Report Abuse

dropping.

maliong

5 posts

Posted by maliong > 2014-02-27 10:16 | Report Abuse

money is for those is patient....huat ar.....

jtpc2006

984 posts

Posted by jtpc2006 > 2014-02-27 10:19 | Report Abuse

patience will be rewarded

nicky

3,356 posts

Posted by nicky > 2014-02-27 11:17 | Report Abuse

Doing low................

ApaMauMau

43 posts

Posted by ApaMauMau > 2014-02-27 12:35 | Report Abuse

:D Barakah result out bad but share price raise... this one result out with good result plus dividend pay but share price drop...

Posted by tham hoe yean > 2014-02-27 13:18 | Report Abuse

People are accumulating. Many r playing short term I suppose

gnat

66 posts

Posted by gnat > 2014-02-27 15:55 | Report Abuse

I think the reason is the good result is actually within expectation. It has already been factored in during the recent price increase

Posted by Derrick777 > 2014-02-27 19:59 | Report Abuse

I have been holding tambun since its only 0.54...
A good stock that really worth long term investment...

Alex Lim

588 posts

Posted by Alex Lim > 2014-02-27 20:01 | Report Abuse

Derrick777...good hold....Huat laaaaa

Posted by Derrick777 > 2014-02-27 21:14 | Report Abuse

Huat together la!!!

gnat

66 posts

Posted by gnat > 2014-02-27 23:20 | Report Abuse

http://klse.i3investor.com/files/my/ptres/res21586.pdf
While I agree with the content, I would maintain BUY with upward target revision.

kancs3118

2,230 posts

Posted by kancs3118 > 2014-02-28 08:33 | Report Abuse

wow Derrick777, i really respect you...:-)

Posted by Derrick777 > 2014-02-28 14:04 | Report Abuse

:-)
i bought it at 0.54, sold half at 1.28...so what i have on hand now is free share...hehe...
and with the buying price of 0.54, the dividend yield is very attractive...
*as a penangite, i bought this counter as i believe in its future growth (TAMBUN very much benefited from the 2nd PG bridge)...
so, will just hold it for long term...

nicky

3,356 posts

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

So TP revised to RM1.65.... the price is RM1.71 now... why still call for a "BUY" ?

kancs3118

2,230 posts

Posted by kancs3118 > 2014-02-28 15:05 | Report Abuse

Hi Derrick777,
Hehehe....i regret not buying it at IPO. Instead, my average cost for all my TI shares is at RM1.47/-. sighhhhhh.......anyway - it is my first time buying shares....so, i have to say - i learnt quite alot from buying TI shares....

kancs3118

2,230 posts

Posted by kancs3118 > 2014-02-28 15:07 | Report Abuse

i don't think the TP of RM1.65 is fair. RM1.80 seems fair to me. Don't forget - TI still has alot of undeveloped land at Pearl City.

But then, i am quite worried about their land banks. Seems they may run out of land to develop in the near future. But TI is a good developer. Their buyers are genuine home buyers...not speckies.

nicky

3,356 posts

Posted by nicky > 2014-02-28 19:04 | Report Abuse

Even RM1.80 also not worth to go in ... Only few cents to go not enough to cover my remisier charges

Posted by lkblkblkb92 > 2014-02-28 23:56 | Report Abuse

Why going down?

Posted by Derrick777 > 2014-03-01 00:23 | Report Abuse

Hi kancs3118, TI is my first counter too...hehe...
Nicky: no buy call at this moment... Just hold if u have the shares on hand...cheers...

ApaMauMau

43 posts

Posted by ApaMauMau > 2014-03-01 02:13 | Report Abuse

atleast with the dividend policy, is worth to hold for next few years... my two cents.

Saturn888

225 posts

Posted by Saturn888 > 2014-03-02 00:02 | Report Abuse

Bridge is official....everything forward and negative impact will be compensated by the new value

Investeye

2,347 posts

Posted by Investeye > 2014-03-02 08:27 | Report Abuse

The problem in the market is always up during speculation and down the news is happened. I think Tambun will consolidate before moving higher. Hope this is wrong as I still hold some balance lots to sell higher.

kancs3118

2,230 posts

Posted by kancs3118 > 2014-03-03 07:43 | Report Abuse

@ ApaMauMau - yup. You are right. The net profit for FY14 will be even higher especially TI now controls the entire Pearl City. WIth the progressive dividend payment policy of 40% to 60%, we expect to receive higher dividends.

Hopefully, TI will continue its legacy as a township developer and will acquire future landbanks to develop more township. I wonder what is their future plan after Pearl City?

Saturn888

225 posts

Posted by Saturn888 > 2014-03-03 08:49 | Report Abuse

Wonderful wonderful day.....:)

nicky

3,356 posts

Posted by nicky > 2014-03-03 16:47 | Report Abuse

Cannot sustain above 1.70

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