Foo said the fact that 70% of its property project in Shah Alam were taken up by first time home buyers, reflects the existing demand in the market. Prinsiptek's properties are mostly priced below RM500,000.
Commenting on upcoming projects, Foo said the master plan for the Seri Kembangan project is
this BOTAK boss is a joker la.....in his recent interview on TheSun.....he says he may need to raise more cash if can get bigger jobs.....already he just raised RM38 million & all those who bought at 0.30 cents just before x-price & paid him 0.18 cents for each rights has lost money till now.....if he cant even bring his share price back to 0.30 cents how can any investor have confidence to want support him for another cash call.......
....with a PE of only 9, NTA of 0.55 cents, Annual revenue over RM300 million & the index has risen 150 points from a recent low of 1670 to 1820 now, & with the foreign funds having almost exited KLCI & the world economic scenario has stabilised.......& with ALL the recent interviews he gave on radio & the write ups in the chinese & english daily about the PROSPECTS of his company................ & yet this BOTAK's share cant even pass 0.20 cents.........u prospective investors out there decide for yourselves ya........
the potential of this counter is huge...Stable company which just raised cash for upcoming expansion..better buy before it is too late...the train will head for the bull market soon.....
seem like announcement soon...constructions is a good business to be in at the moment...prinsiptek will have good chances securing PR1MA given its flexibility
Slow and steady stock now, so long the operators are pushing up the share price above RM0.225 per share, I will hold and go with the trend. This stock is under value and it has the NTA RM0.55 per share.
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....
paperplane
1,403 posts
Posted by paperplane > 2015-03-26 23:14 | Report Abuse
Foo said the fact that 70% of its property project in Shah Alam were taken up by first time home buyers, reflects the existing demand in the market. Prinsiptek's properties are mostly priced below RM500,000.
Commenting on upcoming projects, Foo said the master plan for the Seri Kembangan project is
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