| Posted on | Price after Posted by | ||||||||
| AWong Investment | AWong Investment | ||||||||
| Code | Share | Date | Price | Highest | % | Lowest | % | Current | % |
| 0143 | KEYASIC | 18-Feb-12 | 0.130 | 0.140 | 8% | 0.130 | 0% | 0.130 | 0% |
| 7022 | GTRONIC | 08-Dec-11 | 0.840 | 1.090 | 30% | 0.800 | -5% | 0.945 | 13% |
| 9679 | WCT | 25-Sep-11 | 2.000 | 2.780 | 39% | 1.850 | -8% | 2.680 | 34% |
| 3786 | MAS | 19-Sep-11 | 1.410 | 1.740 | 23% | 1.230 | -13% | 1.400 | -1% |
| 6742 | YTLPOWR | 16-Sep-11 | 1.790 | 1.930 | 8% | 1.630 | -9% | 1.880 | 5% |
| 0010 | IRIS | 14-Sep-11 | 0.145 | 0.205 | 41% | 0.130 | -10% | 0.185 | 28% |
| 2739 | HUAAN | 09-Sep-11 | 0.235 | 0.295 | 26% | 0.185 | -21% | 0.255 | 9% |
| 6807 | PUNCAK | 05-Sep-11 | 0.950 | 1.890 | 99% | 0.950 | 0% | 1.420 | 49% |
| 5031 | TIMECOM | 29-Aug-11 | 0.530 | 0.775 | 46% | 0.415 | -22% | 0.680 | 28% |
| By AWong Investment | |||||||||
Sunday, February 26, 2012
Summary of KLSE Shares Posted by AWong Investment (updated 26 Feb 2012)
Friday, February 24, 2012
Altitude 236 @ Cheras by IJM Land
Altitude 236
Area:
Bukit Manda'rina, Cheras
Developer:
Manda'rina Sdn Bhd (IJM Land Berhad)
Type:
Condo
Tenure:
Leasehold
Tenure:
Leasehold
Price range:
from RM642,000
Size range:
from 1,389 to 2,820 ft2
from RM642,000
Size range:
from 1,389 to 2,820 ft2
Price/ft2 range:
from approx. RM462/ft2
You can get more info from the following websites:
from approx. RM462/ft2
Total Units:
236 units
*Above info @ Sept 2011
You can get more info from the following websites:
The developer:
Manda'rina Sdn Bhd is a subsidiary of IJM Land Berhad (formerly known as RB Land Holdings Berhad) which is the listed property development arm of IJM Corporation Berhad (IJM), one of the largest construction and infrastructure group in Malaysia.
Both IJM Land Berhad [Website] and IJM Corporation Berhad [Website] are listed on KLSE with a current share price of 2.25 and 5.98 respectively.
IJM Land Berhad is a famous developer in Malaysia and made its mark by delivering township developments in Penang, Klang Valley, Negeri Sembilan, Johor, Sabah, and Sarawak as well as in China.
Location:
This development is in KL/Cheras and closed to Cheras Leisure Mall, Cheras Pantai Medical Centre and Sri Cempaka International School.
Price:
Compare with other Condo developments closed by:
| Google Map |
Price:
Compare with other Condo developments closed by:
- M Sentral @ Jalan Tun Razak/Pahang by Mah Sing Group ~ price from approx. RM700/ft2 (price info @ Aug 2011) ~ Altitude 236 is approx. 34% lower
- Cendana @ Jalan Sultain Ismail by Tan & Tan Developments ~ price approx. RM766/ft2 (price info @ June 2011) ~ Altitude 236 is approx. 40% lower
- Setia Sky Residences @ Jalan Tun Razak by SP Setia ~ price approx. RM1,151/ft2 (price info @ Feb 2011) ~ Altitude 236 is approx. 60% lower [Read My Previous Blog]
- Ampersand @ Kia Peng by IJM Land ~ price from approx. RM1,244/ft2 (price info @ July 2011) ~ Altitude 236 is approx. 63% lower [Read My Previous Blog]
My View:
As shown above, the price/ft2 is approx. 34% to 63% lower than the Condo developments in KL, therefore based on this, Altitude 236 is consider reasonable.
Besides, condo developments launched recently around Cyberjaya, which is far away from KLCC, are selling more than RM400/ft2.
Based on 90% loan for RM642,000, say BLR6.6%-2.2% = 4.4% interest per annum, for 30 years. The monthly repayment is approx. RM2,893. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM2,893 per month to rent this?
Besides, condo developments launched recently around Cyberjaya, which is far away from KLCC, are selling more than RM400/ft2.
Based on 90% loan for RM642,000, say BLR6.6%-2.2% = 4.4% interest per annum, for 30 years. The monthly repayment is approx. RM2,893. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM2,893 per month to rent this?
Don't forget the approx. monthly repayment of RM2,893 excludes following items:
a) Maintenance fees
b) Assessment tax
c) Quit rent
d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)
For buy & rent market, this investment opportunity can only consider as average because you are targeting a smaller group of people especially expat to rent it.
For own stay & hoping to sell it with profits in the future, this is more likely to achieve as a long term investment.
If you like the location and prefer to have a bigger space, you might consider Sh'ng Villas ~ Semi-D ~ which is develop by IJM Land too [Previous post] price from approx. RM545/ft2 18% higher compare to Altitude 236.
To me, although the price/ft2 is consider reasonable, I still believe the property prices in Klang Valley are too high at the moment and should collapse soon (maybe after 2012 election). Unless you are desperately to invest now, we shall keep more cash in hand for rainy days.
Other developments with similar RM/ft2:
Other developments with similar RM/ft2:
Wednesday, February 22, 2012
MAS ~ 23% increased in less than 5 months
I have posted this share, MAS (3786), since 19 Sept 2011 when the price was at 1.41 [Click here for my previous post]
In Jan 2012, MAS went up to 1.74 ~ that's 23% increased in less than 5 months ^_*
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For your information, the price is now back to the range where it was posted last time - currently at 1.47
In my previous post, it states:
"Soon less competition between MAS and AirAsia?"
Seems like this is happening!! Jan 2012, Airasia X announced they will ceased services to Mumbai, Delhi, London and Paris. More profits to MAS?? Please note that MAS is flying to these destinations too.
After Jan 2012, Employees Provident Fund Board (EPF) have acquired 2,169,000 shares. Assumed they bought in with the lowest price, the average price is approximately 1.548 ~ higher than current share price.
Are they hoping a better financial result from MAS which will be announced on the 28 Feb 2012??
To me this is another share which is worth to consider.
Again as mentioned in my previous post, One main point is MAS have stop paying out dividends since 2008. If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.
Good luck in your investment!!! ^_*
For similar price, you might consider my previous posts:
In Jan 2012, MAS went up to 1.74 ~ that's 23% increased in less than 5 months ^_*
For your information, the price is now back to the range where it was posted last time - currently at 1.47
In my previous post, it states:
"Soon less competition between MAS and AirAsia?"
Seems like this is happening!! Jan 2012, Airasia X announced they will ceased services to Mumbai, Delhi, London and Paris. More profits to MAS?? Please note that MAS is flying to these destinations too.
After Jan 2012, Employees Provident Fund Board (EPF) have acquired 2,169,000 shares. Assumed they bought in with the lowest price, the average price is approximately 1.548 ~ higher than current share price.
Are they hoping a better financial result from MAS which will be announced on the 28 Feb 2012??
To me this is another share which is worth to consider.
Again as mentioned in my previous post, One main point is MAS have stop paying out dividends since 2008. If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.
Good luck in your investment!!! ^_*
For similar price, you might consider my previous posts:
Monday, February 20, 2012
Botanica 3 @ Balik Pulau, Penang
Project name:
Botanica 3
Area:
Botanica CT, Bandar Baru Air Putih, Balik Pulau
Developer:
MTT Properties Development Sdn Bhd
Type:
3 Storey Terrace House
Tenure:
Freehold
Tenure:
Freehold
Price range:
from RM629,969 to 1,157,140
Size range:
from 2,680 to 3,650 ft2
from RM629,969 to 1,157,140
Size range:
from 2,680 to 3,650 ft2
You can get more info from the following websites:
http://www.botanica-ct.com.my/
http://www.iproperty.com.my/developments/2203/Botanica_3_-_3_Storey_Link_House
http://www.botanica-ct.com.my/
http://www.iproperty.com.my/developments/2203/Botanica_3_-_3_Storey_Link_House
The developer:
MTT Properties Development Sdn Bhd [Website] incorporated since 1963 (48 years in business).
Their main business is shipping. logistics, trading etc.
They have also formed The Prince of Wales Island International School which is Malaysia's first British-style boarding school. [Website]
Location:
This development is far away from the prestigious George Town. This 300-acre Botanica.CT garden township development is currently planning to be completed in 9 years.
Price:
Compare with other developments in Balik Pulau:
Price:
Compare with other developments in Balik Pulau:
- Clove-Taman Titi Heights ~ price from approx. RM235/ft2 (price info @ July 2011) ~ same as Botanica 3
- Orchardia ~ price approx. RM235/ft2 (price info @ Jan 2012) ~ same as Botanica 3
My View:
The price/ft2 is same when compare with two other developments, Clove-Taman Titi Heights and Orchardia, in Balik Pulau as shown above.
Based on 90% loan for RM629,969, say BLR6.6%-2.2% = 4.4% interest per annum, for 30 years. The monthly repayment is approx. RM2,839. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM2,839 per month to rent a place in Balik Pulau?
Based on 90% loan for RM629,969, say BLR6.6%-2.2% = 4.4% interest per annum, for 30 years. The monthly repayment is approx. RM2,839. If you are planning to buy & rent for investment, you need to take these into consideration: Will ppl willing to pay more than RM2,839 per month to rent a place in Balik Pulau?
Don't forget the approx. monthly repayment of RM2,839 excludes following items:
a) Maintenance fees
b) Assessment tax
c) Quit rent
d) Interest rates increased for the loan (this is the main risk as BLR still low at the moment)
For buy & rent market, this is not really a good investment opportunity. Most of the shopping malls, restaurants, offices, transportation etc. are concentrated on the east sides of Penang Isalnd (George Town). Will people willing to rent a place far away and travel to George Town all the time?
If location is not an issue, for own stay you can consider this as it is difficult to find similar property in George Town for less than RM300/ft2.
For own stay & hoping to sell it with profits in the future, you might need to wait for at least 5 or 10 years?? Until Balik Pulau fully developed??
Other developments with similar RM/ft2:
If location is not an issue, for own stay you can consider this as it is difficult to find similar property in George Town for less than RM300/ft2.
For own stay & hoping to sell it with profits in the future, you might need to wait for at least 5 or 10 years?? Until Balik Pulau fully developed??
Other developments with similar RM/ft2:
Saturday, February 18, 2012
Key ASIC ~ Value drop around 84% ~ will you consider?
KEYASIC (0143) [Website]
Background:
![]()
My View:
This share has dropped around 84% from 0.80 (Aug 2009).
The reasons I consider this share for investment are as follows:
Keep an eye on this share. It might go up again once Key ASIC plan to buy another company like in Aug 2009?? Will the major shareholders willing to cut loss selling all shares at this point??
If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.
Background:
- Key ASIC Bhd founded in 2005 (approx. 6 yrs in business) and listed on the main-board since Jan 2008.
- Key ASIC is a leading ASIC design company focus on communication and consumer electronics applications.
- Aug 2009 - Key ASIC bought up 100% of Gateway Silicon Inc. in cash. Gateway Silicon Inc. is a professional IC design service company in Taiwan.
- Key ASIC have offices in Malaysia, Taiwan, Singapore, Japan and US.
My View:
This share has dropped around 84% from 0.80 (Aug 2009).
The IPO price for this share is 0.40 in Jan 2008 ~ in less than two years time it reached 0.80 in Aug 2009. That's 100% increased ^_*
The reasons I consider this share for investment are as follows:
- Value drop around 84%
- Net asset per share is 0.14 ~ similar to current share price.
- Major shareholders are Khazanah Nasional Berhad with approx. 27.49% and CIMB Group with approx. 6.81%
- Share price steady around 0.15 since Oct 2010
- Key ASIC started shares buy back since Aug 2010, currently hold approx. 0.25%, assumed they bought with the minimum price, average cost is approx. 0.173 ~ higher than current share price.
Keep an eye on this share. It might go up again once Key ASIC plan to buy another company like in Aug 2009?? Will the major shareholders willing to cut loss selling all shares at this point??
If you are not risk taker, you should consider put it in the bank for FD and get around 3% interest per annum.
For similar price, you might consider my previous posts:
Thursday, February 16, 2012
2012 - Malaysia Property Market Gonna Sustain?
December 2011, Singapore announced:
Is this really the case? I don't really believe this in its entirety. The reasons are as follows:
a) Mortgage rate in Singapore is much lower compare to Malaysia (assume the exchange rate is 1 to 1)
b) No capital gains tax in Singapore. Will investor willing to absorb 10% or 5% capital gains tax imposed by Malaysia for real property held less than five years?
Now come back to Malaysia Property Market - price has increased dramatically in the last few years after the so called "Recession" in 2008. How much longer can it stand?
Jan 2010 - Disposals of Malaysian real property held for less than five years are subject to real property gains tax (RPGT) at a flat rate of 5%
Jan 2010 - Each principal credit card holder will pay a service tax of RM50 and every supplementary credit card will pay a service tax of RM25
Nov 2010 - For third and subsequent property, maximum housing loan-to-value ratio of 70%
May 2011 - BLR increased from 6.3% to 6.6%
Jan 2012 - Loan will be based on net salary, not gross salary anymore.
Budget 2012 - Disposals of Malaysian real property held for less than 2 years are subject to real property gains tax (RPGT) at a flat rate of 10%. Remains at 5% for properties held and disposed within a period exceeding 2 years but not more than 5 years.
Feb 2012 - Hong Leong Bank, Citibank and AmBank increased interest rates for outstanding balance as well as late payment charges starting 1 March 2012.
Mid- 2012 - Government will hold discussions about the implementation of GST (Goods and Services Tax). Planning to introduce this after election to get more cash???
Malaysia has continuously imposed new rules and regulations to reduce investor profit and limit their easy access to loan/cash.
Based on the above, I don't believe Malaysia will STOP creating more rules and regulations to harm the property market.
More to come, especially after the 2012 election. What do you think??
- Foreigners and companies will have to pay an extra 10% stamp duty on residential property purchases.
- Permanent residents buying their second property or subsequent residential units will be required to pay an extra 3% stamp duty
- Citizens buying their third or subsequent residential units will be required to pay an extra 3% stamp duty
Is this really the case? I don't really believe this in its entirety. The reasons are as follows:
a) Mortgage rate in Singapore is much lower compare to Malaysia (assume the exchange rate is 1 to 1)
- Say getting 400k loan for 30 years, based on current interest rates
- In Malaysia, your installment will be approx. 2,000/month (BLR-2.2%)
- In Singapore, your installment will be approx. 1,340/month (0.9%+SIBOR)
- That's 33% less compare to the monthly installment you pay in Malaysia.
b) No capital gains tax in Singapore. Will investor willing to absorb 10% or 5% capital gains tax imposed by Malaysia for real property held less than five years?
Now come back to Malaysia Property Market - price has increased dramatically in the last few years after the so called "Recession" in 2008. How much longer can it stand?
Jan 2010 - Disposals of Malaysian real property held for less than five years are subject to real property gains tax (RPGT) at a flat rate of 5%
Jan 2010 - Each principal credit card holder will pay a service tax of RM50 and every supplementary credit card will pay a service tax of RM25
Nov 2010 - For third and subsequent property, maximum housing loan-to-value ratio of 70%
May 2011 - BLR increased from 6.3% to 6.6%
Jan 2012 - Loan will be based on net salary, not gross salary anymore.
Budget 2012 - Disposals of Malaysian real property held for less than 2 years are subject to real property gains tax (RPGT) at a flat rate of 10%. Remains at 5% for properties held and disposed within a period exceeding 2 years but not more than 5 years.
Feb 2012 - Hong Leong Bank, Citibank and AmBank increased interest rates for outstanding balance as well as late payment charges starting 1 March 2012.
Mid- 2012 - Government will hold discussions about the implementation of GST (Goods and Services Tax). Planning to introduce this after election to get more cash???
Malaysia has continuously imposed new rules and regulations to reduce investor profit and limit their easy access to loan/cash.
Based on the above, I don't believe Malaysia will STOP creating more rules and regulations to harm the property market.
More to come, especially after the 2012 election. What do you think??
Monday, February 13, 2012
Puncak (6807) ~ Up 99% ~ Power of The Rich Guy
On 9 Feb 2012, it reached up to 1.89 ~ that's 99% increased ^_* since posted in my blog (5 Sept 2011) [Click here for my previous post].
![]()
99% increased in 5 months ~ that's a shocking profits!! Power of The Rich Guy ~ Tan Sri Rozali Bin Ismail ??
It is difficult to wait and sell at the highest price. We shall take profit once it reached our target ~ To me, as long as the net profit of my investment is higher than the FD interest, I'm more than happy :)
[Saver or Investor??]
Please note that on the next day, 20 Feb 2012, it dropped approx. 12% ~ many ppl is taking profit ~
Good luck in your investment!!
Related posts:
[PUNCAK drop around 63% ~ potential share for investment?]
[Puncak ~ Back to Similar Price]
[Puncak (6807) ~ Oops!! It Did It Again!! ]
99% increased in 5 months ~ that's a shocking profits!! Power of The Rich Guy ~ Tan Sri Rozali Bin Ismail ??
It is difficult to wait and sell at the highest price. We shall take profit once it reached our target ~ To me, as long as the net profit of my investment is higher than the FD interest, I'm more than happy :)
[Saver or Investor??]
Please note that on the next day, 20 Feb 2012, it dropped approx. 12% ~ many ppl is taking profit ~
Good luck in your investment!!
Related posts:
[PUNCAK drop around 63% ~ potential share for investment?]
[Puncak ~ Back to Similar Price]
[Puncak (6807) ~ Oops!! It Did It Again!! ]
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