UMLAND, Iskandar hot stock! Don't miss the boat
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 May 24 2009, 01:48 AM, updated 17y ago
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#1
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Junior Member
71 posts Joined: Nov 2008 
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TP 1.35
Our target price is based on an assigned 0.4x P/NTA (0.3x previously). The target multiples are in line with the valuation metrics used for small and mid-cap property companies under our coverage. We increase our valuation metrics in view of signs of stabilization in the global economy, signs of improvement in demand for local properties and also a higher risk appetite among investors. source: http://bursastreet.blogspot.com/2009/05/un...layan-land.html  |
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May 24 2009, 03:12 AM
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#2
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Senior Member
1,741 posts Joined: Mar 2008
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hmm.. Peter Lim.. r u the millionaire's son? xD
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May 24 2009, 08:48 AM
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#3
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All Stars
23,851 posts Joined: Dec 2006 
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What caused the co to lose money way back in Year 08, then ?
Mind to share ? |
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May 24 2009, 12:18 PM
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#4
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Senior Member
715 posts Joined: Jan 2003 From: Cheras
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umland or uemland ..... should be uemland ?
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May 24 2009, 05:05 PM
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#5
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All Stars
17,875 posts Joined: Jan 2005 
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QUOTE(alfredfx @ May 24 2009, 12:18 PM) umland or uemland ..... should be uemland ? Can not be UEMLAND as the share price of this counter already 1.62. |
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May 24 2009, 09:47 PM
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#6
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Senior Member
3,423 posts Joined: May 2009 From: My Private Yacht
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QUOTE(kb2005 @ May 24 2009, 05:05 PM) Can not be UEMLAND as the share price of this counter already 1.62. Wow!They had a tax refund and sold a piece of land and so turned a net loss of RM3.9 million in 1Q08 into RM7.4 million gain in 1Q09. Genius!  |
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