SHL Consolidated (SHL), a well-known master developer of Bdr. Sg. Long, has been sitting on low cost landbank in suburb areas with good accessibility and huge potential development value. Underpinned by the limited and expensive developments in and around the Klang Valley, we see stronger demand shifting towards suburbs, which bodes well for the company. Based on our valuation, we opine the company could be worth at least RM1.0bn or RM4.26 per share.
NO don't take profit, I can confirm you will hit over RM3.50 by this year..NTA above 4..Plus very profitable..cash flows are intact with high profit margins..I bought some today after yesterday's rally and still made two digit gains haha. Not going to sell until it goes over Rm3.50. If you all scared, go to Plenitude or OSK PROP. Haven't happen there yet, those counters belum shoot again. Can happen anytime. TQ.
Now is season of discovery for undervalued property small cap stocks. Besides SHL, the only counter that is better than it is Plenitude. I would rank OSK PROP = SHL. But Plenitude...is very very undervalued. RM3.04 now but NTA- around RM5.50. TQ.
alphajack Now is season of discovery for undervalued property small cap stocks. Besides SHL, the only counter that is better than it is Plenitude. I would rank OSK PROP = SHL. But Plenitude...is very very undervalued. RM3.04 now but NTA- around RM5.50. TQ
Cash rich company. High dividend yield. Net cash with quick ratio more than one. Retain earning increasing consistently. The good past records will reflect in the future share value. Kudos !
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....
juneteo
74 posts
Posted by juneteo > 2014-07-23 15:46 | Report Abuse
Need power...........