Category: IPO / Equity / Stock Market
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IJM Corp, IJM Land, RM1.98B privatisation deal
If IJM Corp’s RM1.98 Billion share-swap deal plus cash is successful, IJM Land will be privatised and no longer listed. One less property stock that you can buy from Bursa. IJM Corp is asking IJM Land to consider it and reply by 23 June. I think the objections are likely to be low. If I…
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Profits dropped 70%, sell or hold or buy?
One of Malaysia’s largest developer, IOI Properties reported a 70% on quarter drop in net profit for Q1 of 2014. Government price-controlling measures were cited as one of the reasons. If you own their stock, what would you do now? Quickly sell? If you sell, they call this knee-jerk reaction. However if you did not…
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RM8, the right price for Eco World and other picks
Don’t worry if you can’t afford Eco World’s project. If you really like this company which is being looked upon as potentially a new world class developer company, then buy their stocks. Fancy a return of 72% based on the price you pay? You may get it if what CIMB says come true. Recently, CIMB…
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Instead of property, why not property stocks? – Part 1
Since property investment requires so much time, effort and also many risks, why not we buy stocks instead. Specifically we buy property related stocks. That is not a bad idea actually. However just make sure you have looked through the company in three areas below. Cash position. Does it have cash in the bank? Cash…
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What are REITs
REITs stand for Real Estate Investment Trust. In short, you buy a share in a company that manages and maximises returns from properties owned by them and sold to you via shares. The first REITs on Bursa was AXIS. It was listed in 2004. Returns to investors are in the form of capital appreciation if the…