Low landbank cost of its Pearl City township, Very near to BatuKawan...the next satellite city of Penang, Lots of big guns at Batu Kawan such as Paramount, EcoWorld, Aspen Vision, ... Very low gearing, GDV of the remaining undeveloped landbank is at RM3B, 40 to 60 percent dividend payment.. Conservative management team...they don't simply go and buy land but targets to expand their Pearl City land at the most opportune moment, such as buying land from TPPT at a low per square feet cost, Consistent gross profit of 40 percent... Owner consistently loading up on this counter...
Lots of things to like about this counter.. More like an apek counter....
But wait until the property market swing upwards . And this counter will fly.
For those who stay at Penang mainland will know that, the Icon City at the entrance of Juru Tol always full of people during night. Now another Icon City will build in front of entrance of Tambun Indah, Simpang Ampat.The new Icon City will have Starbuck and Mcdonald there and currently building in a rapid speed. Once it done, I will indirectly appreciate the value of whole tambun indah property at Simpang Ampat.
I second that.... Icon city, proximity to Batu Kawan, IKEA, university of Hull-KDU, etc and the proposed building of a new hospital complex will spill over to Tambun Indah.
I love the management's technic of buying huge tracts of land on the cheap and then, slowly develop the land and unlocked its value. Tambun has a margin of close to 40%.
Unlike other developers who expand aggressively and when faced with the double whammy of a poor property market and Covid19, Tambun has been slow and steady ...scaling back their operations and continue to give out good dividends and not resorting to rights issue.
When the share price has been bashed down so badly, the bosses are actively engaging in shares buyback indicating the confidence they have in their own company.
The decision to close the theme park is for the purpose of disinfection and to ensure the safety of the workers," she told a press conference at the launching ceremony of the Geotourism Vouchers #TravelPeraklah and Dark Tourism at Kellie's Castle here tonight.She said the State government through Tourism Perak in collaboration with tourism associations in the State had once again launched the initiative for the recovery of the tourism sector.He said the latest initiative was a continuation of the second-anniversary celebration of the Kinta Valley Geopark which indirectly aimed at helping travel agencies affected by the COVID-19 pandemic.
This voucher is available at all registered and selected travel agencies with a minimum purchase of a package worth RM299 per person or a three-day two-night package in Perak.These travel agencies will promote the latest packages and products under Geopark Perak as a must-visit destination for tourists that will provide opportunities to tourism product operators as well as enhance the activities to promote Geopark Lembah Kinta.She added that Kellie's Castle was also continuing with its Dark Tourism programme this year with the Kellie's Night Tour V.3 every Friday and Saturday from 8 pm to 12 midnight throughout October.She said the new initiative was expected to encourage more domestic tourists to come to Perak and stay for longer periods of time, while helping travel agencies to be more competitive and thrive under the new norms.
bankers told me tambun indah sales during last 3 months is total sales of paramount + Aspen + Eco world + Asas...... hope to see superb result in coming Q3
Strongly believe this one could spike like guocoland . This is a non non political stocks w high nta more of double it currently mkt price n making superb profit even during Covid.!
Guoco w negative eps of 5.11 (-be) can even spike fm 50++ sen to 83 . Tambun is a gem w positive quarters n positive eps of over 6!!! N trading at just 70 sen???? Wow so overlooked !!
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
2,226 posts
Posted by kancs3118 > 2020-08-20 09:08 | Report Abuse
But this is a good counter though...
Low landbank cost of its Pearl City township,
Very near to BatuKawan...the next satellite city of Penang,
Lots of big guns at Batu Kawan such as Paramount, EcoWorld, Aspen Vision, ...
Very low gearing,
GDV of the remaining undeveloped landbank is at RM3B,
40 to 60 percent dividend payment..
Conservative management team...they don't simply go and buy land but targets to expand their Pearl City land at the most opportune moment, such as buying land from TPPT at a low per square feet cost,
Consistent gross profit of 40 percent...
Owner consistently loading up on this counter...
Lots of things to like about this counter..
More like an apek counter....
But wait until the property market swing upwards . And this counter will fly.