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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!
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.
As widely anticipated this Co of many MOUs has brought profitable businesses and set to fly Hopefully she can fly higher and higher proving to investors her acumen and far sightedness!
Joker is collecting shares of this counter below 0.30. Hopefully no one from this Co will be sued by previous counter SP Setia who has taken legal action against her ex-members for mismanagement as recently reported. Fortunately for my close buddy who left that Co for this counter & eventually also left to become Exco member of a state Govt.
With so many negative comments on CO. & CEO n with stubborn egoism, rather let it go burst. On d contrary she hs something positive up her sleeves in turning d table around
Feel something queer is wrong somewhere with latest manoeuvre of Tan Sri who was earlier involved with SP Setia on Battersea project in UK. as reported in some news from UK. If nothing wrong n in order it’s advisable to build up interest in this counter. God bless all investors!
All banks r merciless n once rain clouds gather n showers come down they’ll collect all their woods under d sun n sky. They reserve their rights to call back their loans or force selll shares held by them as collateral. That will cause d tsunami of price dive! Hope it’s not pre planned n collaborated to do so.
