On behalf of Tambun Indah, Kenanga Investment Bank Berhad ("KIBB") wishes to announce that the Company proposes to undertake the abovementioned Proposed Dividend Reinvestment Scheme.
Personally i think other property stocks will be affected, but for tambun it will not.. The political risk for this counter is quite low based on their transactions and nature of business. It may be slightly affected but wat we know for sure is that penang property is overflowing n 2nd bridge is definitely going to be ready by sept. I would say this is a long term stock(at least til sept to see it double up) speculation wise i wont recommend this stock.
Steady as she goes.. Wtv the result maybe tambun will stil be steady. Those speculators have left, only those long term investors are inside. Lets hope rm1 soon!
Personal feeling, this counter's main drive is actually the completion of penang 2nd bridge and the overflowing of properties from penang island. Ppl and developers are buying tambun indah's land for development and tambun themselves are developing and selling.
Martiniclub@I believe this counter could go further for long term invest.(According for my own research) But will election effects this counter drop off? This is my most worries problem i thinking ..haizz
@jantzen. Yes this counter very well go so much further by end of the year will hit rm2 if their quarter results should do better or at least maintain. Forget about election, its business as usual, BN wil be there for the nxt 5years. Like i say y this counter hav little political risk is because of their business nature. Ppl will definitely overflow frm penang island due to so much cheaper land and tambun's landback in mainland is so dam huge!
Martiniclub@yes, agree with u. Now the next break through point is 1.2 if could brk this gate of door, all the way to 1.4 will be vy soon. 2nd of png bridge .. fantastic baby!!!
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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....
chia88
1,189 posts
Posted by chia88 > 2013-04-24 21:22 | Report Abuse
Stock price can match Mah Sing.....