I have started AWong Investment since 26 August 2011.
As of today, it has reached 10,306 total pageviews and have 334 friends in Facebook.
A good achievement for a short period of approx. 8 months.
Total pageviews increased 4,686 or 83% from 5,620 in 9 March 2012 [Click Here for My Previous Post]
Thanks for all the support!! ^_*
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Tuesday, April 17, 2012
Saturday, April 14, 2012
YTL Communications Won RM663millions 1Bestarinet Project
As mentioned in my previous post dated 2 September 2011, RM4.5billion school internet contract for 15 years on the bid
And I wish YTL Communications or Telekom Malaysia Bhd/Time dotCom Bhd to win it.
End of October 2011, I saw a news stated that "Sources said on Tuesday at about 1pm the YTL Comms' name appeared as the winner of the contract on the Education Ministry's website but two hours later the announcement was taken off the website for reasons unknown." [Read My Previous Post]
Wonder who really won the bid?
Now the final answer is out!!
YTL Communications Sdn Bhd has been awarded a 2 years contract worth approx. RM663millions by the 1Bestarinet project. YTL Communications will be providing internet connectivity to all the schools through its high speed wireless 4G mobile network.
The 1Bestarinet Project is being undertaken by the Malaysian Government to provide internet access, as well as a virtual learning environment, to all state schools in Malaysia.
Thus by winning this is a good start for YTL Communications which give it the potential to wrap up all 15 years contracts worth approx. RM4.5billion.
Keep an eye on YTLPOWR (6742) ~YTL Communications is a subsidiary and the communications utility of YTL Power International.
Good luck with your investment!! ^_*
Related posts:
Thursday, April 12, 2012
Olives Residences @ Subang Jaya
Olives Residences
Area:
Subang Jaya
Area:
Subang Jaya
Developer:
Conlay Land Sdn Bhd
Conlay Land Sdn Bhd
Type:
Condo
Condo
Tenure:
Freehold
Freehold
Price range:
from RM734,000 to RM1,616,380
Size range:
from 1,469 to 5,535 ft2
from RM734,000 to RM1,616,380
Size range:
from 1,469 to 5,535 ft2
Price/ft2 range:
from approx. RM498/ft2
Total Units:
88 units
*Above info @ Nov 2011
from approx. RM498/ft2
Total Units:
88 units
*Above info @ Nov 2011
You can get more info from following website:
http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2285
The developer:
Conlay Land Sdn Bhd. I never heard about this company before and can't find their company website.
Location:
Subang Jaya is not far away from KLCC and is close to Petaling Jaya (PJ). Subang Jaya also is a city with the highest population in Klang Valley (based on 2010 info).
Price:
Compare with other developments in PJ:
- Boulevard Residence Damansara ~ price from approx. RM472/ft2 (price info @ April 2011) ~ Olives Residences @ Subang Jaya is approx. 6% higher [Read My revious Blog]
- Neo Damansara @ Damansara Perdana ~ price from approx. RM537/ft2 (price info @ Aug 2011) ~ Olives Residences @ Subang Jaya is approx. 7% lower [Read My Previous Post]
- Sé terra ~ price from approx. RM573/ft2 (price info @ Oct 2011) ~ Olives Residences @ Subang Jaya is approx. 13% lower [Read My Previous Post]
Compare with other developments in Shah Alam:
- I-Resident @ Shah Alam, section 7 ~ price from approx. RM521/ft2 (price info @ Feb 2012) ~ Olives Residences @ Subang Jaya is approx. 4% lower
- Acappella Residence ~ price from approx. RM353/ft2 (price info @ Oct 2011) ~ Olives Residences @ Subang Jaya is approx. 41% higher [Read My Previous Post]
My View:
The price/ft2 is approx. 7% and 13% lower than Neo Damansara and Sé terra, respectively.
About the same price/ft2 compare with Boulevard Residence Damansara and I-Resident.
The desity is low as shown below:About the same price/ft2 compare with Boulevard Residence Damansara and I-Resident.
Olives Residences ~ 88 units
Sé terra ~ 46 units
Acappella Residence ~ 125 units
Neo Damansara ~ 266 units
Boulevard Residence Damansara ~ 300 units
Although Acappella Residence density is higher, is it worth to pay extra approx. 41% more to have a lower density condo?
Based on 90% loan for RM734,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM3,230. If you are planning to buy & rent out for investment, you need to take these into consideration:
Will ppl willing to pay more than RM3,230 per month to rent a place in Subang Jaya?
Don't forget the approx. monthly repayment of RM3,230 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)
Another point, the density is low ~ means you might need to pay more for the maintenance fees??
Buy & rent market, this is not a really good investment opportunity as you
are targeting smaller group of people especially expat to rent it.
Although the price/ft2 is consider reasonable when you compare Olives Residences with other developments in PJ as shown above, 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.
Although the price/ft2 is consider reasonable when you compare Olives Residences with other developments in PJ as shown above, 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:
Monday, April 9, 2012
Gtronic (7022) & YTLPOWR (6742) ~ Dividends
Check your share account!! Gtronic and YTL Power recently paid dividends.
An extra ICING on top of share price increased :)
Most companies will try to maintain or increase dividends every year. This is a way to show shareholders that the company financial condition is in good health.
To me, dividend is just a secondary thing as it does not guarantee share price to remain the same, thus do not invest in shares ~ just because of Dividends % return is higher than the Interest % you get from FD a/c.
Good luck with your investment!! ^_*
Gtronic (7022) ~ Current Share Price: 1.16
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YTLPOWR (6742) ~ Current Share Price: 1.82
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Related posts:
An extra ICING on top of share price increased :)
Most companies will try to maintain or increase dividends every year. This is a way to show shareholders that the company financial condition is in good health.
To me, dividend is just a secondary thing as it does not guarantee share price to remain the same, thus do not invest in shares ~ just because of Dividends % return is higher than the Interest % you get from FD a/c.
Good luck with your investment!! ^_*
Gtronic (7022) ~ Current Share Price: 1.16
YTLPOWR (6742) ~ Current Share Price: 1.82
Related posts:
- Gtronic (7022) ~ up 30% in less than 2 months
- Gtronic ~ drop approx. 51% since April 2010
- YTLPOWR (6742) ~ Back to Similar Price
- YTL Power ~ A Low Risk & Sustainable Share?
Friday, April 6, 2012
Koi Prima (Phase 1) @ Puchong
Area: Puchong
Developer: Pagoda Canggih Sdn Bhd
Developer: Pagoda Canggih Sdn Bhd
Type: Condo
Tenure: Leasehold
Price range: from RM320,000 to RM398,000
Size range: from 1,055 to 1,098 ft2
Tenure: Leasehold
Price range: from RM320,000 to RM398,000
Size range: from 1,055 to 1,098 ft2
You can get more info from following website:
http://www.koiprima.com
http://www.iproperty.com.my/developments/developmentreview.aspx?pid=2284
The Developer:
Pagoda Canggih Sdn Bhd is a subsidiary of the Masteron Group of Companies which established since 1981 (approx. 31 yrs in business) http://www.masteron.com.my/aboutus.html
They have completed developments in Puchong, Semenyih, PJ, Cyberjaya, Putrajaya etc.
They are the one who developed Calisa M [Refer to My Previous Blog] and Koi Kinrara.
Location:
Puchong is quite far away from KLCC and similar distance away from KLCC like Seri Kembangan.
Price:
Compare with other Condo developments in Puchong:
Compare with other Condo developments in Cyberjaya:
| Google Map |
Price:
Compare with other Condo developments in Puchong:
- Casa Tropika ~ price from approx. RM268/ft2 (price info @ Feb 2011) ~ Koi Prima (Phase 1) is approx. 13% higher
- Calisa M @ Puchong ~ price from approx. RM286/ft2 (price info @ Aug 2011) ~ Koi Prima (Phase 1) is approx. 6% higher [Read My Previous Blog]
- Zefer Hill Residence ~ price from approx. RM403/ft2 (price info @ Dec 2011) ~ Koi Prima (Phase 1) is approx. 25% lower
Compare with other Condo developments in Cyberjaya:
- Serin Residency ~ price from approx. RM308/ft2 (price info @ Dec 2010) ~ Koi Prima (Phase 1) is approx. 2% lower
- The Arc ~ price from approx. RM383/ft2 (price info @ April 2011) ~ Koi Prima (Phase 1) is approx. 21% lower
- Pan'gaea Phase 1 ~ price from approx. RM420/ft2 (price info @ June 2011) ~ Koi Prima (Phase 1) is approx.28% lower [Read My Previous Blog]
- Gardenview Residence ~ price from approx. RM451/ft2 (price info @ June 2011) ~ Koi Prima (Phase 1) is approx. 33% lower [Read My Previous Blog]
The price/ft2 is about the same compare to Casa Tropika and Calisa M @ Puchong.
Calisa M @ Puchong is developed by Masteron too. You should go visit this to see the difference and find out the reasons why Koi Prima (Phase 1) is approx. 6% higher in terms of price/ft2 (price changes in 4 months++?).
If you compare it with Condos in Cyberjaya, the price/ft2 for Koi Prima (Phase 1) is much lower, approx. 21 to 33% lower, as shown above (excluding Serin Residency). Cyberjaya is further away from KLCC compare to Puchong. So is it worth to pay extra 21 to 33% for Condos in Cyberjaya?
Based on 90% loan for RM320,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM1,408. If you are planning to buy & rent out for investment, you need to consider:
Will ppl willing to pay more than RM1,408 per month to rent a place in Puchong?
Calisa M @ Puchong is developed by Masteron too. You should go visit this to see the difference and find out the reasons why Koi Prima (Phase 1) is approx. 6% higher in terms of price/ft2 (price changes in 4 months++?).
Total units comparison:
- Koi Prima (Phase 1) ~ 550 units
- Calisa M @ Puchong ~ 156 units
If you compare it with Condos in Cyberjaya, the price/ft2 for Koi Prima (Phase 1) is much lower, approx. 21 to 33% lower, as shown above (excluding Serin Residency). Cyberjaya is further away from KLCC compare to Puchong. So is it worth to pay extra 21 to 33% for Condos in Cyberjaya?
Based on 90% loan for RM320,000, say BLR6.6%-2.4% = 4.2% interest per annum, for 30 years. The monthly repayment is approx. RM1,408. If you are planning to buy & rent out for investment, you need to consider:
Will ppl willing to pay more than RM1,408 per month to rent a place in Puchong?
Don't forget the approx. monthly repayment of RM1,408 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)
Buy & rent market, this is not a really good investment opportunity as you are targeting smaller group of people working in Puchong or nearby. For RM1,408/month, you can rent a similar size of condo in location nearer to KLCC. Maybe not a new one but does it really matter? To me people who rent normally will choose a place which is within their budget and closer to their work place.
For own stay & hoping to sell it with profits in the future, you will need to check out the surrounding. If it is a successful development like Sentul or Desa Park City, you will have more chance to sell it with profits in the future.
Other developments with similar price/ft2:
Wednesday, April 4, 2012
HUAAN (2739) ~ Up 26% in 5 months++
I have posted this share, HUAAN (2739), since 9 Sept 2011 when the price was at 0.235 [Click here for my previous post]
In about 5 months plus, it reached 0.295 ~ that's 26% increased ^_*
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If you bought it at the lowest 0.185 after posted here and sold at 0.295 ~ that's 59% increased in 5 months plus. That's a huge increased!! :)
For your information, the price is now back to similar price where it was posted last time - currently at 0.225
Some updated info:
8.35% shares is approx. RM21million, to me this is consider a small amount for Lembaga Tabung Haji. If the share has no potential to go up, why not just cut loss and invest RM21million in other shares?
Keep an eye on this share.
Good luck with your investment!! ^_*
In about 5 months plus, it reached 0.295 ~ that's 26% increased ^_*
If you bought it at the lowest 0.185 after posted here and sold at 0.295 ~ that's 59% increased in 5 months plus. That's a huge increased!! :)
For your information, the price is now back to similar price where it was posted last time - currently at 0.225
Some updated info:
- Net asset per share increased a bit to 0.66 (previously 0.6238) ~ more than current share price
- Lembaga Tabung Haji still hold approx. 8.35% shares
- Revenue for 2011 gone up a bit but reported RM9.6million loss after tax
8.35% shares is approx. RM21million, to me this is consider a small amount for Lembaga Tabung Haji. If the share has no potential to go up, why not just cut loss and invest RM21million in other shares?
As mentioned before, Steel is one of the main item for Construction Industries, thus invest in companies related to steel business still a plus for long term investment.
Keep an eye on this share.
If you are not risk taker, you should consider put it in the bank for FD.
Good luck with your investment!! ^_*
Other shares with similar price posted in AWong Investment:
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