1. Property GDV is RM5.4b. Assumed 15 years and 22% Margin, long term contribution is RM80m p.a.
2. Power Plant will be in by FY2019.
3. Water concession gave steady cash flow.
4. Property focus on PRIMA, Selangor Rumahku, and landed, Laman View, Semenyir, Cap21.
5. Kwasa Land - awaiting detail.
6. FY2015 EPS per share is 40.9sen. without growth x PE of 8.5x = RM3.50.
7. Don't buy for short term, it takes 4-5 years for property to breakeven. Any other business, takes longer. Look at the shareholders' funds growth over last 5 years, you will be impress.
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....
tksw
12,790 posts
Posted by tksw > 2016-09-29 18:54 | Report Abuse
Gadang no good lar, where good?