KERJAYA PROSPEK PROPERTY BERHAD

KLSE (MYR): KPPROP (7077)

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Last Price

0.62

Today's Change

+0.005 (0.81%)

Day's Change

0.61 - 0.62

Trading Volume

44,000


7 people like this.

2,043 comment(s). Last comment by fusing79 4 days ago

paperplane

1,403 posts

Posted by paperplane > 2015-01-25 10:41 | Report Abuse

Impossible gsb let those pix takeover loh. Sima group oldtimer, an+ Andrea so beauty and smart. This stock once you get in, dun geel like go out like dik into xxxx lor.

paperplane

1,403 posts

Posted by paperplane > 2015-01-29 17:32 | Report Abuse

haha, GSB v.s DGSB. I win now!

Jack Leo

230 posts

Posted by Jack Leo > 2015-01-30 17:40 | Report Abuse

Get ready for Chinese New Year baby.. Time for some angpau..

paperplane

1,403 posts

Posted by paperplane > 2015-01-30 17:45 | Report Abuse

Hope it will not rise so fast. Still want to collect

Jack Leo

230 posts

Posted by Jack Leo > 2015-01-30 19:17 | Report Abuse

Need CNY Angpow.. Fast fast fast up up up

Jack Leo

230 posts

Posted by Jack Leo > 2015-02-01 11:46 | Report Abuse

I heard insider asking to buy.. expect uptrend nearing CNY.. Target 0.150..

paperplane

1,403 posts

Posted by paperplane > 2015-02-01 21:44 | Report Abuse

Jack . U buy a lot?

Jack Leo

230 posts

Posted by Jack Leo > 2015-02-03 19:07 | Report Abuse

I bought enough to have me a 6 digit profit. Nothing on nz

aikinlai

896 posts

Posted by aikinlai > 2015-02-04 16:59 | Report Abuse

what i know is they finally launch a new housing project in Bentong, Pahang as per they mention last year near October. A 33 unit of double storey 22 X 80 & 22 X 103ft, the outlook design is modern like KL. A boutique hotel with shop lot (i not sure how many)
the event will took place at Taman Bentong Makmur sale office this 7 & 8 Feb.

bhlim24

19 posts

Posted by bhlim24 > 2015-02-05 21:39 | Report Abuse

Total gross development value (GDV) of GSB ongoing and future projects is RM864.33 million...collect now before it fly soon..
http://themalaysianreserve.com/new/story/gsb-group-expects-be-back-black-2015

paperplane

1,403 posts

Posted by paperplane > 2015-02-06 06:55 | Report Abuse

Hehe, we quiet quiet

JT5774

579 posts

Posted by JT5774 > 2015-02-07 16:46 | Report Abuse

GSB Group expects to be back into the black in 2015

February 4, 2015

GSB Group Bhd expects its new property business will contribute almost all of the group’s profits for the 2015 financial year, and take the company back into the black.

GSB MD Andrea Gan Pik Mui said the company’s diversification into property is part of the strategy to bring back profitability and sees the property division overtaking its traditional core optical disk business in contributions to the bottom line.

She said the group has RM291.5 million of new projects in its orderbook, comprising commercial and residential property developments.

“We have a RM55.3 million residential project on 2.42ha in Klang, a RM133 million mixed development in Seksyen 15, Shah Alam and a RM103.2 million commercial project in Kelana Jaya. We also have ongoing projects in Bentong and Johor Baru worth RM572.83 million, making the total gross development value (GDV) of our ongoing and future projects RM864.33 million.

“We see the property business overtaking the optical disk business for this financial year and turning the company back to black. GSB is already making profits at the moment,” said Gan.

Last Friday, GSB received shareholders approval for the proposed acquisition of two plots of land measuring 0.9ha in Shah Alam for RM20.5 million from PKNS Engineering and Construction Bhd.

The acquisition will also include the development orders granted to the land.

“The acquisition should be completed within the third-quarter of this year (3Q15) and the layout would comprise of 359 units of service apartments and retail lots at the bottom.

“The total GDV has not been finalised but as for now it is RM133 million. We foresee the launch to be in 1H15 and expect it to be completed within four years,” she said.

Gan said its optical disk manufacturing business has not been making profit due to technological changes that have reduced the demand for the product.

“Nonetheless, we are still carrying on with the manufacturing of optical disks,” said Gan.

On the outlook for the property market, Gan said its projects in Bentong and the Klang Valley have been performing well, despite a slight slowdown in its project in Johor.

“Bentong is a mature township and our development is located in a strategic position.

We have also built a strong brand there.

“As for the project in Johor, there is an oversupply in the market but our project is not too affected as we are focused on the end users and is targeted towards the middle-income market,” said Gan.

Gan said GSB is looking for further opportunities in its property business, and at the possibility of a joint venture to reduce its initial cash outlay.

For March 31, 2014, GSB recorded a total revenue of RM11.73 million, of which RM8.03 million came from its optical disk business, while the remaining RM3.7 million came from its property business.

The optical disk business recorded a loss of RM0.87 million for the financial period while the property business recorded a loss of RM0.5 million, making the total loss to RM1.37 million.

JT5774

579 posts

Posted by JT5774 > 2015-02-07 16:47 | Report Abuse

By The Malaysian Reserve.

sohailar

76 posts

Posted by sohailar > 2015-02-11 17:01 | Report Abuse

and hide again

persie

1,413 posts

Posted by persie > 2015-02-13 07:58 | Report Abuse

Hidden gem keeps hidden. No show.

persie

1,413 posts

Posted by persie > 2015-02-13 10:17 | Report Abuse

Coming ???

Jack Leo

230 posts

Posted by Jack Leo > 2015-02-13 10:18 | Report Abuse

Lai lai.. 0.200 coming!!!!

persie

1,413 posts

Posted by persie > 2015-02-13 10:44 | Report Abuse

We look at the quarter report at the end of Feb 2015. Hopefully profit from property sector come true. If it happen, 0.120 is so easy.

wiki123

2,447 posts

Posted by wiki123 > 2015-02-13 13:52 | Report Abuse

looks like going to golden cross very soon... based on chart. now just need volume...

sohailar

76 posts

Posted by sohailar > 2015-02-13 15:58 | Report Abuse

profit from property will be hidden also xD
but someone is start collecting?

persie

1,413 posts

Posted by persie > 2015-02-13 18:59 | Report Abuse

3Q profit 30k only. Huhuhu.....

show

331 posts

Posted by show > 2015-02-13 20:38 | Report Abuse

don't worry, read the notes... it says property sales will come in next quarter :) ... still got time for us to collect more cheap GSB shares.

persie

1,413 posts

Posted by persie > 2015-02-13 22:03 | Report Abuse

Yeah.. these 3 days many people collected at 10c.

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 01:12 | Report Abuse

In Andrea we believe

persie

1,413 posts

Posted by persie > 2015-02-16 10:15 | Report Abuse

Sure, next Q report revenue from property will be taken into account.

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 13:18 | Report Abuse

wow, latest result out liao 13Feb. continue loss making. Borrowing increase RM22mil from what I see, funding for property started

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 13:24 | Report Abuse

do some studies guys, and ladies. REad the annoucement, you will discover gold inside.

sohailar

76 posts

Posted by sohailar > 2015-02-16 16:49 | Report Abuse

lol..another forum is crashed??

paperplane

1,403 posts

Posted by paperplane > 2015-02-16 23:32 | Report Abuse

Felicia, apa Lu ciakap, can speak human language?

divine

1,153 posts

Posted by divine > 2015-02-17 07:44 | Report Abuse

laksa fragrant to you? not fishy? or feizai, you think gsb stinks?

persie

1,413 posts

Posted by persie > 2015-02-17 09:01 | Report Abuse

Hahaha.. Sycal also starts below 15c before reach current price.. Hopefully GSB too..

Bs1688

436 posts

Posted by Bs1688 > 2015-02-17 21:27 | Report Abuse

GSB proposes to buy a 52 acres land in Bentong for 29 million , it is on acquisition mode.

persie

1,413 posts

Posted by persie > 2015-02-17 22:03 | Report Abuse

So GSB has a very big plan in the future.

paperplane

1,403 posts

Posted by paperplane > 2015-02-17 22:28 | Report Abuse

Haizzz, investlah still down

persie

1,413 posts

Posted by persie > 2015-02-17 22:37 | Report Abuse

Paperplane, what do you want to tell in investlah ?

divine

1,153 posts

Posted by divine > 2015-02-18 08:49 | Report Abuse

persie sycal different..got perak politicians interest

sohailar

76 posts

Posted by sohailar > 2015-02-19 04:15 | Report Abuse

lol...no need comment in investlah ,a lot of negative issue person there..we just quiet collect ok already

Jack Leo

230 posts

Posted by Jack Leo > 2015-02-19 23:24 | Report Abuse

Monday 0.120 coming!!!! Get ready!!! Short term tp 0.200 long term 0.350

So ong la this year..,, GSB going super bull !!!

paperplane

1,403 posts

Posted by paperplane > 2015-02-23 12:29 | Report Abuse

so bullish kah.

persie

1,413 posts

Posted by persie > 2015-02-24 23:23 | Report Abuse

Upward, downward, inward, outward, when want to move..

calvintaneng

56,885 posts

Posted by calvintaneng > 2015-02-25 21:24 | Report Abuse

Feizal

Calvin still drop by G Residence from time to time. Hope to see sales move faster. China Developers promise to promote Iskandar property to China buyers.
So there is hope.

Paperplane is engrossed with Andrea while Calvin is looking for Better Sales!
Will post again on further news.

paperplane

1,403 posts

Posted by paperplane > 2015-02-26 23:03 | Report Abuse

For Andrea hot chicks. Invest 10â„… of my portfolio no problem

persie

1,413 posts

Posted by persie > 2015-02-27 08:45 | Report Abuse

Ha ha ha.. Well done calvin and paperplane not forget our hot chick andrea gan.

paperplane

1,403 posts

Posted by paperplane > 2015-02-27 17:04 | Report Abuse

I supported 0.105 today. haha

persie

1,413 posts

Posted by persie > 2015-03-03 17:06 | Report Abuse

Good close today... 0.105

excelyou

1,255 posts

Posted by excelyou > 2015-03-03 23:10 | Report Abuse

RM0.145 new target by Tan Sri G

Jack Leo

230 posts

Posted by Jack Leo > 2015-03-06 11:03 | Report Abuse

Lai lai.. Coming coming...

paperplane

1,403 posts

Posted by paperplane > 2015-03-08 18:58 | Report Abuse

Just add more bjcorp, gsb

wiki123

2,447 posts

Posted by wiki123 > 2015-03-09 18:19 | Report Abuse

who is tan sri G?

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