Announcement of exemption for basic building materials. No one chasing still? This company has been building quite a big number of medium cost houses at affordable prices and with this reduction (less 6% taken as average), their houses should be more popular
mentioned at end of AGM, target revenue 2019 is 1.2b compare to 1.17b in 2018, sales of Q1 (April-June 2018) already more than 300m.60% of house purchased by people who work in KL DUE to more affordable. Performance look positive and dividend policy remain at 40% unchanged. Is time to accumulate more and wait for good news on coming BOD meeting decision.
90%? BSS still have more than 1600 acres of land bank which development can last till 2026. Beside, they had already acquired Labu lands from the native last year too.
bowman, already hinted good performance during AGM. Mainly good quarterly results and better dividend. The dividend policy remains as minimum 40% of the net profit.
Since Listed in 2013, 1 matrix share has become 2.1875 share after 3 times bonus issue in 4 years. Dividend yields has never below 6% at any date of dividend declared date. At current price of 2.09, the yields still stand at about 6.5%. So, I see no reason why EPF not buying.
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....
lowtsoon
24 posts
Posted by lowtsoon > 2018-06-08 09:31 | Report Abuse
good management,future project secured property company.the only property counter l am willing to invest at this bad time.