KLSE (MYR): PLENITU (5075)
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Last Price
1.60
Today's Change
-0.01 (0.62%)
Day's Change
1.60 - 1.60
Trading Volume
300
Osaka hotel deal fell through is blessing in disguise. Tokyo olympic may not happen and osaka hotels are oversupply
2021-02-03 18:34
Hats off to them. Managed to rise 23% from last week with low volume trading, keeping under the radar of all the punters. Liquid assets of more than RM320m, that's more than RM0.80 per share!
2021-03-12 15:17
really glad Plenitude did not buy the hotel in Osaka. Tokyo olympic has anounced that it will not host any international travellers. With the cashpile that it have, no issue with at least 2 cents of dividend. Will slowly accumulate more, waiting for it to go back up or being privatized.
2021-03-31 15:21
Plenitude has two major potential profit contributors – property development and hospitality.
Property development has been contributing to the bottom line, even in the 2020/21 pandemic years. With the opening of the economy, I expect the contribution to be better. The property development segment was the major contributor to the Group’s performance.
Plenitude started as a property developer but in 2001 diversified into the hospitality business. Today the hospitality business is the largest segment in terms of the Total Capital Employed. But it was not profitable since 2013.
The hospitality segment’s poor performance was due to competitive pressures. The Group had refurbished and rebranded the hotels to address this. At the same time, it had also focused on efficiency to improve the margins.
There are signs that gross profit margins are improving but the jury is still out on whether revenue will improve. The hospitality business is a turnaround case. Because of its size, the creation of shareholders’ value will depend on a successful turnaround.
2023-09-21 06:24
Good QR overall. Plenitu also did well in preceeding quarter. Assuming this is more of a norm moving forward, current price of1.24 is still too low. It should at least be worth 2.00.
2023-11-22 09:29
Hopefully the dividend payout would also increase in line with financial performance.
2023-11-22 09:35
This company does not pay divi.
snowball2000
Hopefully the dividend payout would also increase in line with financial performance.
3 weeks ago
2023-12-16 14:17
its hotel operations will become consistent cash generating unit for the company.. Add shares before it flies further for years to come !!
2024-01-05 21:21
One of the three LRTs radiate out from JB Sentral (RTS terminal) will proceed all the way to Impian Hills, has a station at Tebrau City. Both Tebrau City and Impian Hills are developed by Plenitude.
So what should be the impact on Plenitude share price?
2024-01-12 14:47
Tun Daim said Thank you! Sohai-sohai!
The Rocket going to blow into pieces, his Wivews already kena charged today!
Mau Lari, cepat lari!
2024-01-23 17:17
It seems the big boss is having a spate of bad luck lately. Better bail now before it is too late ..... :]
2024-01-29 11:46
I am holding Plenitude share below rm 1.00
Will hold it at least until RTS is ready. If LRT really take place and has a station at Tebrau City, then will hold the share until that LRT become operational.
2024-03-16 23:36
Another property counter included into the johor booming property list..
Ksl, eco, UEMS, plenitude spsetia, simep....
2024-04-09 16:58
Plenitude is the most valuable hidden gem in Malaysian property counter due to extremely low land cost. Very good FCF. Very capable and credible BOD. Very solid major shareholders.
Ready to take off soon.
2024-04-24 22:52
To make 50% profit from this counter within 6 months is sup sup water.
Don't miss the forest for an old tree. Just look at the probability of making 50% profit from Plenitude vs 50% profit from a grossly overpriced stock (from 4 ringgit to 6 ringgit). Weigh the risk of losing big when you only see a table-size cookies drawn in the air.
2024-04-24 23:01
@ks55,,do plenitude has land in JB that is related and will benefit from the RTS?
i only knew that they had spent more money than the current market cap on all the hotels
2024-05-23 21:05
Plenitude 3 quarters made 16.4 sen, NTA 4.41
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3450250
2024-05-27 18:37
Years of diversification to hotels business finally produce profit that is almost 40% of total profit.
Will the price go back above RM2???
2 months ago
Plenitude will continue to make good profit from property development as land cost is extremely low. Hotel operations are just addition toppings. More important considerations are the sustainable property development over many more years into the future and the strong cash flow.
2 months ago
I am going to make big profit from Plenitude. My average cost is less than 1 ringgit.
2 months ago
Hotel business's revenue increase almost to half generated in property development.. its strategic investment and divestment into the hospitality business in Malaysia, Japanese and Korea is paying.. Inbound Tourist into all these country been exploding in recent years.
4 weeks ago
Plenitude going to announce Q4 result this week. For 2024, whole year profit will not be less than 20 sen per share.
6 days ago
Its undervalued...and looking at their hotel assets...
Company shld do share buyback...
6 days ago
chia88
It is serious closing 3 hotel business
2020-04-27 19:46