This quarter result maybe lower than q-t-q...., if no dividend declared then it will be RM0.50...haha ...my target price soon....wait for u to come down...haha
Main business involve property. NTA RM1.83 and just include as a shariah counter are the main reasons attracted a lot support to the price.....hopefully got news ...the price will shoot up to RM1.85...
88luckybull thanks 88luckybull , underastand ,actually I quite like property counters , so I target Magna . but 88luckybull I feel the shariah counter actaullyquite normal issue what , becaUSE many good counters also not under shariah counter , seem shariah counter is not a big deal ?
Closed at RM1.10....still far away from NTA RM1.83. ...need shariah fund power, window dressing power and bonus issue / dividend to push further upward price. Potential big gap upward to make money.....buy buy...buy ..haha.
It is a good opportunity to buy at lower price now....create a chance to buy lower.. just buy ,...buy..haha.. window dressing will push up further in year end closing.
NTA of 1.83 is base on old S&P. If the co revalue the land they have to pay gain tax. so the existing market value should be much higher, hence NTA should be higher too.
Other than the LaiMeng school land, Magna owns some other undeveloped lands in prime areas, which are what HYB is eyeing for. There will be more agendas behind; let's see!
Both also drop, not only huayang. Think both of them will be parting way soon. Better sell and run. Can foresee margin call for the big holders if they don’t tank the price.
The land is in golden triangle area,it won't affect by freezing order.Maybe more developer will be interested in this land cause other place not are allowed to develope
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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....
88luckybull
396 posts
Posted by 88luckybull > 2016-11-07 21:59 | Report Abuse
This quarter result maybe lower than q-t-q...., if no dividend declared then it will be RM0.50...haha ...my target price soon....wait for u to come down...haha