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Keep your share tight. Shortist can only chase up. No much share in market liao. All bought by Oh family.
A bit weird with no news around...
ausgrp looks to have a reversal from its current downtrend..
gd luck dyodd
awaiting volume to pick up. rsi reversing above 20, and cmf getting narrower. cheers.
Ausgroup is on fire!!!!!!!!!!!!
Aiya. Not affected at all lah. Ausgroup buy the local company and the land belong to local company. Where got property tax charge. So long as property price go higher, land price will go higher and it will have asset gain. A pulau ubin big area only cost 210,000,000.
But the RTO progress really very slow leh
But the RTO progress really very slow leh
Gunner87 ( Date: 03-Jun-2013 22:53) Posted:
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Not to rent out right?
It's for some development? Resort? Lols.
Have you been Pulau Ubin? Pulau Ubin is 10.19km2. The total land that Ausgroup want to purchase is 10.62 leh. Bigger than pulau ubin but cost only $210,000,000.
???? 1062 acre with $210,000,000. Do you know how big is 1062?
The purchase consideration payable for the Sale Shares is S$182,868,000 (the “Purchase
Consideration”) and on the basis that the Remaining Shares SPA is entered into, the
purchase consideration payable by the Company for the Remaining Sale Shares is expected to
be S$27,132,000 (the “Remaining Shares Purchase Consideration”). Accordingly, theaggregate purchase consideration payable for the acquisition of 100% of the post-Target Group Restructuring issued and fully paid up share capital of each of Kebun and Tropik would
be S$210,000,000. The Purchase Consideration and Remaining Shares Purchase
Consideration shall be satisfied in full by the issue of new Shares (as defined below) in the
capital of the Company to the respective vendors, as further described below.
The Target Holding Companies and the Target Group Subsidiaries (the “Target Group
Companies” or the “Target Group”) currently, between themselves in aggregate, own
approximately 1,015 acres of freehold land located in Sedenak, Johor, Malaysia. Pursuant to
the Target Group Restructuring, the Target Group is to acquire an additional approximately 47
acres of freehold land located in Sedenak, Johor, Malaysia, with the result that the Target
Group shall be the registered and beneficial owner of an aggregate of approximately 1,062
acres of freehold land located in Sedenak, Johor, Malaysia (the “Target Group Lands”). The
Target Group Lands are located in Iskandar Malaysia.
halleluyah ( Date: 03-Jun-2013 17:29) Posted:
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Currently property px went up quite a lot aredi. To rent out nt tt easy. Security no gd if were to compare, invest in PG better.
ynnek1267 ( Date: 03-Jun-2013 16:58) Posted:
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Such high volume after a few days of lull...
But price only went up 0.01...
Later, report net asset gain after re-evaluation. Wahahahahaahahhahaha
This tell you. Johor property is very hot mah. It is positive. Wahahahahaahahhahaaha. Now the land price may be double up already.
BB might push up a little to suck retailer and then come a big drop.
http://thestar.com.my/news/story.asp?file=/2013/6/3/nation/13190185& sec=nation
Higher taxes, higher property price?
ozone2002 ( Date: 03-Jun-2013 16:49) Posted:
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Yeah, i think so also. Going to effect rowsley too
ozone2002 ( Date: 03-Jun-2013 16:49) Posted:
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i would think that the Johor to raise taxes on foreign property owners will impact this stock's impending RTO..
How to shoot. Only penny stocks can shoot in this bloody red market. Nikkei suka suka drop 500 points again, europe all red red too.
raykee ( Date: 03-Jun-2013 16:42) Posted:
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big vol is buy/sell also no point... the price must also have to shoot then got use ma
Something's brewing?
Hopefully it's some good news...