this i agree,hope dun merge with spsetia.....Hahahahaha if buy spsetia landbank,this good than merge spsetia us sdp..... if two company all nothing do,continue bussiness himself,more nice with sdp.......
This is one of the larger Bursa Property companies. The sector started to go soft in 2016/17 but there are signs of a turn around. For details of the sector performance to be my blog article "Will the Malaysian Property industry turn around by 2024?"
"....potential property beneficiaries among the stocks he covers include Sunway Bhd, which has 1,770 acres of land in Pendas, Johor, Sime Darby Property Bhd, which has 3,100 acres in Pagoh, Johor, and UEM Sunrise Bhd, which has 2,461 acres in Gerbang Nusajaya. "
They have so many hectares of land banks in West and East Malaysia Under value stock,should worth more than RM1,just matter of time to reach a destination All land banks purchased for a decade has still not revalued yet
Extract of the above news flow: TIS clean gov has to make PNB n Khazanah rich only.
SOLAR.THEME.PLAY would be the biggest wave to prosperity... The brand new super mega Solar RE producers r 1. UEM Group not S. but S has a chance by using the sea fronts 2. PNB with giant landbank of SIME will be the faster mover n has chosen SIMEPROP as its huge Solar RE producer.
The 3 pioneer Solar RE contractors would become multi bagger big stocks soon. They r SUNVIEW, SAMAIDEN, SLVEST
n many many stocks will go crazy wanting to copy them in doing Solar biz.
NB: a. Solar RE producers r highly profitable, a high IRR biz from day 1, with short payback period of abt 4 yrs. b. SIN is hyper hungry for RE n will buy perpetually, what ever msia can produce n supply! c. All giant conventional black energy producers esply coal, will lose in values fast n soon. Many solar RE co with networking, knowhow, money n landbanks will replace them n grow at high speed success...
Beside Real Estates and Airlines, Construction and Property are also doing great. After nearly three years, the sector remains in the shadow of pre-pandemic numbers. As gloomy as that sounds, there have been forecasts that the sector is well poised to surpass its pre-pandemic performance. For investors, this means that more opportunities are awaiting to be captured.
Mabel Sime Darby Property, Gamuda, Sunway and KLCC have climbed 46%, 28%, 20% and 3.2% respectively. CapitalA Air Asia despite being a PN 17 did even better climbing 56% since last year.
Tourism will be back as Malaysia is a great tourist destination. It has a lot to offer, from beautiful beaches to lush rainforests and vibrant cities. Tourism is one of the largest industries in Malaysia, contributing 6.7 percent to its gross domestic product (GDP) in 2019. In 2020, however, this dropped to two percent due to the COVID-19 pandemic. Revenue in the Travel & Tourism market is projected to reach US$5,125m in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.11%, resulting in a projected market volume of US$6,746m by 2027.
Warren Buffett has excelled in choosing businesses that have been able to stand the test of time through many economic cycles and raise their dividends to shareholders. Dividends may not be the Oracle of Omaha’s secret sauce, but they're a significant ingredient that keeps chugging cash into Berkshire’s account.
"Growth occurred every year, just as certain as birthdays. All Charlie [Munger] and I were required to do was cash Coke’s quarterly dividend checks" – Warren Buffett’s 2022 Annual Shareholder Letter
During his wealth-growth phase, Mr. Buffett sought after companies leading in their respective industry and those facing some trouble that he believed could be solved over time. He famously mentioned that the best time to buy a business is when it is on the operating table.
This is exactly what Mabel is doing, investing in companies leading in their respective industry (80%) and those facing some trouble that he believed could be solved over time (20%).
Maintain BUY, with new TP of MYR0.93 from MYR0.67, 35% upside and c.3% yield. 2Q23 earnings missed expectations, but we note that 2H is typically stronger. With 1H property sales at MYR1.5bn, management raised its sales target to MYR2.7bn (from MYR2.3bn). This is still conservative, in our opinion, considering current bookings worth MYR1.9bn to be (partially) converted to contractual sales in 2H. We raise our TP to reflect better market sentiment ahead, given the lifting of the political overhang post state elections.
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....