Share more on Ah Tan style , i am listening .....

So diplomatic.

I seriously have nothing against investing for dividends.
For example, Dutch Lady investors who bought the stock when it was less than 20.00, can have good justification to continue holding to the stock.
The return is indeed superb and it shows dividend investing works.
However, I feel there is a lack of discussion about other factors.
Cheerleaders just mention a stock dividend and nothing else.
For example, no comparison is made between current dividend and past dividend.
If the dividend is getting smaller,  then shouldn't there be some discussion be made if the stock is worth holding or not?

Singapore props shoot up to the roof odeli  plus MR is sinking to the valley.

Many people do want to arbitrage .......

Many Malaysians do have large FD parked in Singapore too.

Yes, the yield is important but it should not be the sole factor.

Good points that u have but not easy to achieve ......

Depending whether u want to take the lead or be a faithful follower .....

Give u an example, if u are early birds in investing into REITs, u are right with your points.

But if u just to start looking into REITs with those factors of yours, no meat really left for u. But still can get some little profit as a follower.

Just my thinking only.

I like these method.
Personally I do invest like this in early stage. I always apply simple analysis (before buy), deep analysis after buy to avoid late anticipation.
If I dont like this stock, I will just sell it like usual trade.
Entry price, use simple valuation and sixth sense. Afte buy, try to access its downward risk. If I like the entry price, will buy more. If I realise my sixth sense is over confident or wrong, I keep or sell it.
Personally think way,in my opinion can win more , loss less.
I wish to find something like WB stocks, forever no need to sell.But my condition is more stict, need to be substantive undervalued compared to its share price, but at the same time I expect it will grow for decades for non-stop.

Really fun to discuss with u guys 

My company last time got too much spare cash dunno where to spend, bought this sh*t. U know how much is our unrealised gain/loss?

Satay! Time to bring out shotgun? 

Veggie list from CIMB.   

I am still waiting for Sifu Gark's list.
Ok! Done my hard work for the day.   

To copy, the fingers had to cover a lot of real estate on that Star website.
To paste, have to login to Lowyat then have to click this forum and then have to paste and then have to click send.
   

Kesian my fingers you know.
So much hard work done.

gark:

Ok .. I no list to share.
Share some ideas/observations can gua.

Ok, since KSeng was on such a leng chai run last week, do we have other stocks that might be the next KSeng?
ie.. stocks sitting on huge land banks that aren't properly revalued to current market prices.

I start some...

1. Genting Plantations. The other day, one report suggested it has plenty of land in Johor area.
2. KSL. This one got lots of land area near Iskandar area.
3. Plenitude.    How could I leave this one. Overloaded with land bank for a property developer.
4. Incken. Bangi/Kajang land...
5. Oriental?
6.
7.
8.
9.
10.
let's keep this list going...

kseng and oriental
unless you can outlive the major shareholders
but surprisingly, ff interested in oriental
any fund manager can explain why ar?

The EV / EBITA was like < 2 times when EPF sell sell sell to multi year low . now EPF is buy buy buy. 

difficult to time lar
wait until sien

just like a husband with a very hot and pretty wife
but wife everyday working and don:t want give
so husband wait until TL and eat other pretty gals who come in the way
then one night wife suddenly wanna give but husband ald kaki lembik
but worth it what
husband had fun so many times ald, so miss one time is ok

Give another example.
Tebrau.

Lousy company... blah, blah blah... tiok.
But the lousy company got all the land bank in the hot, hot area in Johor.
Their cost of land is so dirt cheap.

Compare Tebrau stock performance the last 6 months.
Not bad isn't it?

Buying stocks for dividends is good. -- better put this statement.
But stocks that don't give dividend, doesn't mean they are lousy stock and cannot give good return for the investor or trader.

Accountants should look for values hidden in the accounts esp in property and plantation stocks.

I believe it is always undervalued than overvalued .

My past analysis of MBF is,  it is much undervalued though people called it as a bad stock.

Never mind so long I can make the money, and it is not a " popularity  contest" like that  in investing...

I really understand your concern but I believe, sometimes, not often, the market can do some unlocking of the value.

Sometimes there will be success, sometimes no. ( good example? ICAP )

You look at Daiman.
Another property player which has lots of land in JB area.
Daiman might not be the best property developer but at the rate the land is appreciating in JB, companies like Daiman will also profit big time by the market, like we saw last week when Iskandar theme became the hot thing!

Give you all another one... Net (cash + Investment) > Total capitalization... of this company.. any guesses? 

Give you all another one... Net (cash + Investment) > Total capitalization... of this company.. any guesses? 

Global property player also appoints Teow as deputy president


Voon has built SP Setia up with Liew from a small developer to become a global property player
PETALING JAYA: SP Setia Bhd deputy president and chief operating officer (COO) Datuk Voon Tin Yow will succeed Tan Sri Liew Kee Sin as president and chief executive officer (CEO) after the latter's retirement.

Datuk Teow Leong Seng, who is executive vice-president and chief financial officer (CFO), will take over as deputy president.

“Collectively, both have more than 33 years of experience with SP Setia and they will be supported by the group's executive vice-presidents. Nearly all of whom have been with the group since Liew first became CEO in 1996,” SP Setia said in a statement.

The management succession plan has been formalised and was approved by the company's board of directors during their meeting yesterday.

“I am very happy the board has approved this management succession plan while I am still the CEO of the group.

“Voon has been with me since day one when I first became a property developer. Together, we built SP Setia up from a small Malaysian developer to become a global property player with a presence in seven countries.

“Teow has also been with the group since 1997 his skills in the corporate, business development and financial arena perfectly complements Voon's engineering, property development and construction expertise,” Liew added in the statement.

“With Voon and Teow at the helm, our customers, investors, financiers, contractors and consultants can rest assured that team Setia will continue performing at peak levels.

“This will ensure that the full potential of the group's remaining 5,384 acres of undeveloped prime landbank can fully be realised and enhanced, thereby creating enduring value for all our shareholders and every stakeholder,” Liew added.

Liew said SP Setia's financial year 2013 began very strongly for the group with the launch of its London Battersea Power Station project in the United Kingdom.

“Apart from Battersea, we launched two new projects in Malaysia and one in Singapore in the first four months of the financial year.

“Our RM2bil sales achieved as at Feb 28, 2013 did not include our share of the Battersea sales yet once the sale contracts for the 95% bookings received to date are all signed, this project will contribute strongly to our financial year 2013 sales target,” said Liew.

SP Setia yesterday also reported its first quarter ended Jan 31, 2013 net profit surged 25.55% year-on-year (y-o-y) to RM92.91mil while the quarter's revenue also rose to RM687.55mil from RM491.58mil. Basic earnings per share rose to 4.59 sen from 4.01 sen while net assets per share was at RM2.12.

The company said the increase in revenue was mainly due to higher revenue recognition from residential and commercial properties in the Klang Valley and Johor Baru as a result of higher overall group sales achieved since financial year 2011.

“We have had a great start to the year with several significant projects launched both in Malaysia and overseas.

“We have never been stronger and I am confident that with the continued dedication and commitment of Team Setia, we will achieve our sales target of RM5.5bil for financial year 2013,” said Liew.

Not quite the same, isn't it?

Yes Datuk Voon, deserves much credit but Tan Sri was and still is the key to Setia's success.
Now Tan Sri isn't even a major shareholder.

Choi! Tai Kat Lai Si!

7 early 8 early don't say big crash mah.  

This morning got tipsy mah?

I have to give some Tan Sri a lot of credit here.
What he is doing is so admirable.
Very few would be like him, giving his partner, Datuk Voon, the credit and most important, the opportunity to become the next taikor of Setia.

Others ah? Would probably die die also won't vacate the seat.

Why got shy to ask one?

Share market mah, so share-share mah.

Aiseh! You make Tan Sri's story so sexy liao!
Any books on him ah?
Let me read and be motivated. 

this kind of statement can get a huge respect anf morale booster from his employee which will benefit the company from short to long term. 

What is happening here?

I am not free.
I am mahal.
I am also lazy.

Tambun is breaking new high.

Ah Tan!!!!