After today's closing, sort of like cup and handle being formed.

All the best and congratulations for being so patient.

Just for your info, I do not use such strategy (ie setting a % profit target) but if it works for you, then good la.

don't say like that la....

you need to learn yourself, that's always the best.

Never rely on others.

How about Tebrau?

Ah Tripod, don't use seefood word here la.... ok?

Plantation.... firstly, this is one area I am no good at.

Why some plantation NTA high?

I can think of simple reasons....

for example, some planters have huge land bank.... translating into valuable 'asset'.....

agree?

but then.... not all plantation land will be the same....

for example...

Land value. The value of the land will depends on the location of the land. Agree?
if the land is closer to, say some highways, I would guess that the plantation land will be expensive, valuable.

But what good is the land value?
For a plantation stock, most important is we want profits.
It is not much use to the shareholder if the plantation has lots of land and plenty of old, old trees left.....

there are so much other issues to consider....

there's one person who is very good in all this, iegark but unfortunately I have no idea what has happened....

I am hoping gark is okie.

Boon, how about property stock? can I solely depend on NTA? i also take into account the GDV to estimate the future profits/cash flows.

Ah reboot...

Today's closing was much nicer for Gadang considering the dramatic mini breakdown of the stock from its tight trading range early in the month.

Last quarterly profit, Gadang had a strong run up just before its quarterly profit announcement.
Are we going to see a repeat?


Err... cawan meh?
Which part of the chart looks like the cup?

*haiayaaah.... cannot log in to my trading platform...

Waaa... a tipsy from CP88!!!!!

Flat 1.85 area is because someone fix the price / to match private placement 1.68, haha...
without that area, thats cawan lor.

This post has been edited by ctrl_alt_del: Jul 16 2014, 09:13 PM


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Why, why, why..... like so much NTA????

NTA can be so misleading....

( and since it can be misleading, I really don't depend on this silly yardstick)

Sometimes when market is hot, you see some unscrupulous folks using this yardstick to sell the stock.
And most of the time, it is done when the said stock doesn't have much earnings to show for.

Back to property stocks.

Simple REAL example....

Let me ask you. LOL!
Which property stock .....
got plenty, plenty and plenty of land ( = high NTA)
but then ....
the company very conservative....
one year (maybe two) only do one housing project........
which means....
despite great balance sheet ( tons of cash), huge landbank ..... but lousy profit.

Worth investing?

YES!

red is it?

Yup, the 185 area coincided with the price fixing of the placement shares...
but what happened once the price of the placement shares was announced... sucks!
Share price broke down....
I believe quite a number of people did not like that all....

LOL! cannot say without the flat area .... that's the cawan la......

and then, where's the handle?

In the making...
LOL

Are you sure you want the handle?
Are you sure you would love a handle being formed?

Some handles sees the stock falling quite a fair bit one.....

hehe.. let me guess, you gonna tell me .....

totally not worth to invest despite having tons of cash and huge landbank if the company has lousy profits. haha..

I evaluate based on the NTA of the property stock and then I look at the net profits, increasing year to year, just like what you always mentioned.

I also look at their future housing projects, Gross Development Value in the coming years. make sure that their have future projects to be launched and making constant growth in profits.

back to ur question, i really dont know which lousy property stock that u mentioned. haha..

If you don't know...
means you haven't look c look c the stock yet.

lazy to look c look c. pls tell me the answer then i go look c look c, kaji a bit.

What you don't see won't hurt you.

Hello, not tipsy la. My half past 6 reading the chart.

May end up like 6 Dec -9 Dec candlestick & coming down.

How do we know the the uptrend will continue to move like 14 Mar to 21 Mar Boon3?

Hmm... Is it Tropicana?