I would be a bit more cautious on Fitters.
It's too rojak of a company and it's biggest money earner is from the properties.
Somehow I am not too confident over it as a developer.

Malton's next obvious big news is the Bukit Jalil or Pav II project.
But the project's kind of 'old' news, just that the market needs the finer details.

Looks like every property stocks look better. Wondering why its going strong with BNM just raised the interest rate. If my memory serves me right, last year when gomen increased the RPGT, all the properties plunged. But this year is vice versa. Comments?

This post has been edited by CP88: Jul 19 2014, 11:33 PM

That's a confidence booster to hold a bit longer...

I remember that when the JV news abt Pav 2, it didn't push the stock up as well. Last Thursday we see that Malton touched 1.10 highest with 10m volume. Even with such high volume, it fail to support and close at a higher price. The next subsequent trading day it was back to low volume and hovering around 1.07-1.08. That's a bit 'demotivating' I would say..

The next thing to look forward to is of course updates progress on the project. However, that would help push the price up.. To what extend, don't look promising to me as yet..

This article should help you understand more.

http://www.theedgemalaysia.com/business-ne...tionalised.html

All I know right now is that the property prices are still high.
Which is understandable.
Costs are ever rising, so how and why would the developers sell low?
Also the demand is there....
however... moving ahead... I am skeptical.
It's a hold for me in the sector and not a buy.


The rise in rates I read is not hurting borrowers much.
the calculated increase in monthly payments is not hurting borrowers much.
the pain is only in the overall increase in interest payment.
And when you add in the general bullish factor on the lower liner+goreng stocks....
That's why, I think property stocks are still bouncy.

Thanks for sharing
How would you view property sector right now based on the high valuation of the current market and closing to all time high index. Property sector very high risk?

See above reply to cp88,

boon ah, which lousy property stock jek? is it TROP?

Good stocks don't want to know....
Lousy stocks you so want to know......

On contrary, I wan to know good stock. Which stock jek?

know lousy stocks so that we can avoid ma

... then the good stocks kena goreng...
lousy stocks also kena goreng.....
chap lap stocks also kena goreng....

i read their reports, in fact their other business is growing pretty strong too. if more contracts are secured this year, shouldn't be a problem of sustaining a few more years

i wonder did they got the genting new theme park project

Ah Onion,

Where you see?

This is taken from last profit report announced in May 2014.




See how property segment dominates?
Renewable energy is new but profit is too small.......

I remember I read somewhere saying that it's gonna be listed in Singapore and they have plants in China. Might need a longer time?

Double post

This post has been edited by billy_overheat: Jul 21 2014, 02:28 PM

property segment dominates i agree, this is why fitters have risen last year onwards. however as their renewable energy are building up, this would also be a factor too, fire services the demand will still be there... the main factor is the their premium PVC pipe so why are you skeptical about this? too many business to handle? to many sector to play?

in my 2 cent la, being diversified is a good things to consider in a stock too, each segment will reducing the dependency of another. you may concern that property plays a much weightage here, but then if it's able to generate profits, and other segment are generating too, why not?

LONG LONG term investment ?

Shit... all the kutu malam come out.




I used to have this... lucky for me, I sold.

This for me was a good stock.

Nearly a no brainer.

New stations started mushrooming constantly all over the country which equals growth for PetDag.

And as mentioned before, once the growth ends, you have to get out.
You cannot be loving the stock forever.
It doesn't work this way.
The stock WILL correct....
and correct drastically it will.

When to get out?

Last 5 quarters, 4 quarters showed declining profits.
To be more exact, profit fell for 3 consecutive quarters.

Not enough signal to tell the trader to lock in their profits?



ps: Gadang got dunno what announcement...