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 IJM land

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slts
post Dec 30 2010, 06:49 PM

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Joined: Nov 2009
QUOTE(officeBoy @ Dec 30 2010, 05:43 PM)
I pretty agreed on IJMLAND is a great company with many prospect especially in Penang state, the failure on the merging with MRCB have given IJMLAND not seating into no.2 in M'sia, that's might be little sour as it imply capital and landbank size of IJMLAND might not competitive to others which getting bigger from M&A exercise.

Don't get me wrong and i still optimistic and might even top up IJMLAND if the price is right, we hardly see a jewel like this however it is undeniable at the bad timing and people might in panic sell mood, is that an oppty to collect more instead ? smile.gif

In fact, I'm looking at down side of MRCB instead since it miss out the chance of riding on lion smile.gif
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actually your facts is wrong, ijmland is riding on mrcb potential; a glc
top up ?? bad move, catching falling knife, getting emotional !!
a jewel ? how come it trade at around 1.50 & not at 3+ prior to rumours of merger.
ijmland earnings isn't apealing also even at 2.50
eps q1 4.85, q2 2.72....going down hill... per 20x......really an over price stock
cut & move on.
rclxub.gif

 

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