Tuesday, 31 October 2017

Guocoland: Dwarfing malton with size and landbank

Guocoland under the stable of  Tan Sri Quek Leng Chan will be able to underperform malton anytime in greater KL and beyond.

Why?

The reasons are as below:
1) new management team under Datuk Edmund Kong, a well known corporate figure.
2) 7500 acres of undeveloped land in greater KL - we are sitting at real gold mine.
3) GDV of 6 billions for 500 acres of land in the next 3 years.
4) P/BV of 0.5
5) 2018 sales of 1 billion.
6) Successful past record in Damansara city with GDV of 2.5 Billion with land of 8.5 acre.
7) Trend setter
8) Recurrent income with DC mall having occupancy rate of 80 percent.
9) Newly launch hotel - Sofitel.
10) Strong financial backing from parents - Hong Leong Bank.
11) Government encouragement of passive income from rental rebate in budget 2018.
12) Lots of land in Singapore and associate company in Singapore.


"Time and Tide wait for no man"


Good Luck! Amigo!


Yours sincerely,

Dr Lion.



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