Hi, can someone please explain the take up rate and unbilled sales to me? Based on the latest report, the Group achieved take-up rate of 87.3% for its on-going projects with a total GDV of 1.2 billion and the unbilled sales of 443.57 million. So it can last for another two or three years. Can someone elaborate how this calculation work? Thanks.
Small and well run company with exposure to Penang's growing MNCs and infrastructure build-up. Need not to focus on construction or technology company only to have exposure there.......PROPERTY is the theme for that loveable state.
It is true that property transaction is slower currently cause by lower speculation and wait n see attitude. Think logically, the reduction of speculators is good for the sector growth in the long term. Also, we always want to get the best value for our money, so wait for big property sales (well, this may happen to oversupply places where nothing is growing), and everyone have the dream to own a piece of property in land limited Penang, so can we logically expect big drop in prices?
The slowdown for property is well known, and the price of all property companies have reflected it. Valuation also revert to more attractive level, so the "exceptionally attractive companies" list is growing........
big property sale in penang island?...even during 1997 crisis the penang prop market never had such big sales, the house price just maintained in . Property market for now probably thru adjustment period. There is unlikely a big drop in market as today the new launching has been much less than last year. BNM has implement strict in approving housing loan in order to control debt ratio. With removal of DIBS, developer no longer bear loan interest but progressive payment by buyer. Thus, it help to reduce burden on loan interest cost. For developer it maybe good time to accumulate land bank, like what Tambun is doing, and wait till the right timing to release new projects. Housing demand is strong with increasing populations. More and more people looking for investment in housing as alternatives to wealth management...
Cold Eye sold Prebhd shares as well, and thereafter Prebhd soar to new height that was quite a big loss as he could have kept the share...so think about it
don't buy now, Tambun just a small company, not much housing they build, in Tasik Mutiara NOW , pearl city project about finish, come and see you will know,,,, new land was expensive..... now got pricing but not demand, who want to buy ??? Penang govr start to build housing , 1 malaysia will build too, apart, comdo CANNOT WORK HERE,,,,, WHO WANT TO BUY? ONLY POOR people will buy . rich people buy semi d, banglo..... if Penang island then ok. Tambun where got NEW project at Penang island ??? never heard..... cool eye,,,, selll you must sell too....... don;t play-play,,,,, i m Penang lang,,, i know........
Tambun in deep shit??? if not then why drop le ?....T_T. Naim also Drop..... T_T. Huayang also Drop.... T_T all property company drop.... all said property market not good...housing over supply...but why i still not able to buy a house....bcoz every quarter housing price up & up....T_T
housing price up like crazy 2011, because 2009--2010 due to income tax can declare, now bank start to control loan,,,,,, our income not up like crazy , so if you want buy the first house, buy now don't wait, if speculate then better don't,,,,, KL ok, Penang no,,, sure the apartment housing price will drop,,,,,,,,,, Tambun forget it, buy MAHSING, ECOWORLD,,,,,, SURE .
Tambun Indah: Expands landbank. Tambun Indah Land, a leading property developer on mainland Penang, continues to expand its landbank following the acquisition of 7.7 ha in Kota Permai for RM39.4m. MD Teh Kiak Seng said the acquisition increased Tambun Indah’s available undeveloped landbank to 191.0 ha, thus sustaining the group for about six to seven years. (StarBiz)
with political uncertainty, expect USD appreciation, oil price continue to dive (Iran sanction lifted), reducing reserves,...too many risks we need to consider, I think it make sense to stay side line, I may lose money now but I dun wish to lose my invested capital later on...
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 327 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 11581 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....
bennike129
325 posts
Posted by bennike129 > 2015-05-05 17:41 | Report Abuse
dont look at short term..