Landmark is closely related to two growth story: Indonesia and Genting
Indonesia need no further introduction as President Widowo is opening up Indonesia and currently incorporated new treaty will open up Indonesia as a tourist destination for those from Singapore or Australia.
Bintan Lagos Resort is a 6 star resort opening soon in the "Acheh Achepalego", a short distance by boat from Singapore.
As far as i know during the bad time, the most resistant business is the tourism sector as they are a resistant business to any eventual economic downturn.
What more Bintan Lagos Resort will be a 6 star resort and "land bought for penny" profit for this big conglomerate. The current minute loss is "development cost".
Caveat: Landmark NTA of RM 3.50 is not revalue since 2010.
Further feather to its cap is the ultimate holder is the "Genting Group" which is believed to "grow the company" rather than some scrupulous shareholder which "churn the company for personal gain"
"Welcome and diversify to Indonesia fastest growth corridor via Landmark"
"Fate favored those who are prepared"
"God bless Indonesia!"
Yours sincerely,
Dr Lion.
Indonesia need no further introduction as President Widowo is opening up Indonesia and currently incorporated new treaty will open up Indonesia as a tourist destination for those from Singapore or Australia.
Bintan Lagos Resort is a 6 star resort opening soon in the "Acheh Achepalego", a short distance by boat from Singapore.
As far as i know during the bad time, the most resistant business is the tourism sector as they are a resistant business to any eventual economic downturn.
What more Bintan Lagos Resort will be a 6 star resort and "land bought for penny" profit for this big conglomerate. The current minute loss is "development cost".
Caveat: Landmark NTA of RM 3.50 is not revalue since 2010.
Further feather to its cap is the ultimate holder is the "Genting Group" which is believed to "grow the company" rather than some scrupulous shareholder which "churn the company for personal gain"
"Welcome and diversify to Indonesia fastest growth corridor via Landmark"
"Fate favored those who are prepared"
"God bless Indonesia!"
Yours sincerely,
Dr Lion.
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