Brem 8761 Parker Rm2.75 overweight, then do not enter until when --- It is cold articles published in 2011-05-06, worth seeing - Share Jinji: 3000 ringgit can buy a lot of land?
The answer is: 4.70 acres.
Do you think incredible? Please turn Parker (Brem) 2010 ANNUAL Report Section 97, it can prove to be the matter.
Each one listed company's annual report, has an "industrial table", usually in the last few pages of the annual report with the list of shareholders adjacent. Parker is no exception.
According to Parker's annual report 2010, the segment in the company's accounts, only the value of 3,000 ringgit land, located in Jalan Klang Wu Gila, permanent land ownership, land for development, is to buy in 1994, is still vacant.
Purchase cheap incredible
Even 17 years ago in 1994, to 3,000 ringgit can buy 4.70 acres of land, only of 638 ringgit per acre is an incredible thing.
There are even more incredible is that the company in 1994 to 7,000 ringgit, or 572 ringgit per acre, to buy another piece of 12.23 acres of land located in the Klang permanent right to increase Po, the report said that the segment of land "in development . "
Third paragraph of the "cheap" land is also bought in 1994 in Canada Po, an area of 109.71 acres, the permanent right to the land, only 200,000 of the ringgit, is but 1,823 ringgit per acre to 4.2 cents per cubic feet to buy development purposes land (Development land), and the area is so large, it is really hard to imagine.
Since the authorities have stipulated listed industrial companies, who sell land for housing, can not be accounted for revaluation to believe that this is the company's above land, at the company's accounts, maintain the value of 17 years ago, when the reasons to buy .
These are part of the Parker existing basement.
Building heavy industry stocks
Parker corporations are building stocks, but focused on industrial development in Kedah, Petaling Jaya, Klang and Wu Po plus Gila mess, and Si Yan Mo Kuala Lumpur Batu district has many land, the current development activities are concentrated in Si Yan Mo, 412 condominium units Orchid Garden (Villa Orkid) in Hot.
According to the annual report, the company has nine sections of land in Batu, a total of 30.50 acres, was bought in 1995 and 2005, in the accounts only 17.49 per square foot value of the ringgit.
Another listed company Wu million rounds of land is located in the Si Yan Mo, in 2007 the company divested 15.8 acres of land to another listed company FCW, priced at 126 ringgit per cubic feet. Parker's land, 17.49 ringgit per cubic feet, worth certainly be underestimated.
Bo recent years nearly 70 million ringgit, Kuala Lumpur Tamkang buy the 33.28 acres of development land, Youyi 48 million ringgit to buy Petaling Jaya 7.577 acres land for commercial development plant, these two land 18 million total cost of 100 million ringgit almost equal to the company's paid-up capital, the company said the move was "trying to acquire land at reasonable prices to complement the basement."
Land rose faster than prices
I cite Parker, for example, in order to state a fact: the majority of listed companies, especially focusing on the construction industry stocks and shares of industrial development, land owned, value have been underestimated.
Especially in the past two years, the industry rose, land values rose more rapidly than the house.
Listed company owned real estate, the value has doubled the number of fan I do not know if the market price revaluation of real estate owned by the listed company, then the net tangible assets per share have increased significantly.
Many listed companies, especially in the second and third-tier industry shares the current share price, did not reflect the value of their basement.
GDP at current market prices of some industrial stocks (Market capitalisation), impossible to establish their existing basement.
Some companies have valuable land, but hidden, since trading was quiet, their shares are not favored by investors, stock prices lagged behind the general trend, for serious investors only provides a good opportunity to buy at a reasonable price is undervalued stocks .
How mining industry shares worth?
The first step, please remember the following few mathematics, per hectare (ha) is equal to 2.4711 acres (acre); equal to 43,560 cubic feet per acre (sf); per square meter (sq.m.) is equal to 10.7309 feet (sf).
Annual reports of listed companies in the "industry table" Sometimes in hectares, sometimes acres, sometimes square, and sometimes feet again calculate land area, you must understand the metric and imperial conversion can calculate the value of each feet.
The second step, to find the land price in the areas concerned, with the annual report comparing the carrying amount, you can find out whether the land value of the listed company is undervalued.
Purchase of land undervalued stocks, equal to cheap to buy land, buy land there is no red tape troubles, easy against cash.
Then you can sell part of the stock rises, in order to cut the remaining stock of low-cost, large or small investment, retail real estate investment can also participate, is it better than the direct buy land?
Personal humble opinion and feelings --- A) two masters, have seen the opportunity to sit with the eye, you see? 2) price position RM2.75, can buy peace of mind and to hold, to support the stock price rise factors are a) may redness shares. b) 10% equity repurchase program. c) assets are undervalued, price-bit valuations attractive, reasonable price RM4.00-RM5.00. d) increase in dividend 3) low in August announced Q1 results, as long as earn a one thousand million and compared to that in Q1 and 13, there is 100% of the value. 4) indirect investment in KL, Klang Valley underestimate the value of land, after you understand that you will buy a happy, sleep at ease, ancestors trees (buy good ground) Descendants cool (and reap the profits). 5) sell Bertam shares, net profit 19.94 million, will increase the EPS 11.5 cents, which will reflect on the performance of Q2, Personal estimate the quarterly eps = 5sen, there will be annual eps = 31.5sen, take pe = 13 times the count, reasonable price Rm4.09 6) use of the hands of the funds, to maximize capital appreciation. 7) Using today's money to buy land value (531acres) 3 至 20 years ago, the price-bit rm2.75 approach, the risk is zero. This is my most Xin heart of a share, a dream will laugh, haha 8) individual projections and finishing out of the ego.
baiyuensheng, 3% dividend means 3% x par value per share. Brem's par value is RM1.00. So 3% dividend = 3% x RM1 = 3 sen per share. If you have 1000 shares, the dividend is RM30.
2.69 chance to enter. Estimated annual profit 31.5sen, now only trading at pe = 8.5 times significantly undervalued, reasonable pe = 13 times the price of rm 4.09
LOOKS LIKE BREM PROPOSED SHARE SPILT MAKES INVESTORS SHY AWAY FROM INVESTING?...USUALLY AFTER SUCH ANNOUNCEMENTS THE PRICE WILL MOVE UP NORTH..IT SEEMS LIKE NO RESPONSE FROM US!
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....
corineau55
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Posted by corineau55 > 2014-07-25 15:57 | Report Abuse
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