Expect concessions assets and sewerage construction project to contribute 2cts per share this quarter.
It has a sizable 47000 hectares of plantation land (99 years leasehold) in Sabah, out of which 12k hectares planted - 9k matured while 3k young.
Apart from this, it has hundreds of acres of development land in Kuala Selangor and Serendah. It also has investnent properties in Klang Valley and Singapore. . Although it has net debt about 900 plus million, the debt are mainly for completed concession assets, which are currently generating healthy cash flow.
At the current price of 35.5 Puncak capitalisation is just about 150 million, which really undervalue considering its income generating potential and valuable assets.
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....