for a kfc trader, this is a very slow observation lor....

Trader/speculators are ALWAYS seduced by big gains.
The transformation of Focal into Ecoworld make everybody saliva overflow......
Then the CNY pressent from Seaview after it bought a huge stake in DBhd.
Have you check out the spectacular gain in Dbhd?
or did you see the property sector chart I posted not too long ago?
Now people are simply speculating on everything.....
land banks...... or properties that have not been revalued in years.....
all trying to cook up the hidden gems in the sector....
Land banks are important....
but for me, having land bank is important but it cannot be the sole factor.....
the company still need to develop their land bank....
and most important, after developing, they still need to sell those properties..........

Make a vehicle lor...
Like Malton, build everything, sell at market price to his PAVREIT...