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Just FYI, as advised by Exco member prospect is very good coz Co has zero borrowing on term loan buying land n mostly on JVs with landowners. Only needs bridging loans for construction purposes n which loans r dispensed in stages during construction period n at same time can sell to public with end financing loans. This enables gradual income from sales n interest n capital on bridging loans greatly reduced. When financial climate improves globally CO’s performance will be enhanced with higher dividends! Let’s pray for it. Meanwhile if get profit can sell n buy at below 28sen.
Luckily unloaded major amount of this counter to switch over to parent Co. If price of this counter came down to 0.25 can consider to buy in aftr payment of div shortly. Happy investing in this New Year of intelligent Snake of Good Fortune!