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If all are +ve...possibly gave the impression that all investors are taken for a ride...haha
Today in BT..." Albedo reveals more info on RTO deal." " ......the company will not meet the shareholding spread and distribution requirements set out in the Catalist rules. To meet such requirements, Albedo will undertake a proposed compliance placement of new shares to be issued together with a partial sale of the consideration shares...."
hyekyo88 ( Date: 08-Oct-2013 11:24) Posted:
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a lot of opportunities as well
9hly99 ( Date: 08-Oct-2013 11:22) Posted:
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I noticed u r always negative about Albedo. Guess you have your valid points too. To each its own I guess. :) Hope you make too!
9hly99 ( Date: 08-Oct-2013 11:22) Posted:
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news is the same...for now...rebound a bit but overall sentiment still weak...execution development over 10 to 15 years...from now to RTO next 2014....a lot of room for votality
Yeah hope u make some kopi $ from this counter bro cheesykian. I am still vested after selling some today. So u know I have faith in Albedo in the long term. As still holding a fair amount. :)
cheesykian ( Date: 08-Oct-2013 11:13) Posted:
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think you are seeing something good that we may have missed out .....
Iskandar seems like the best theme for now ..... guess together with Rowsley it will be a very big win-win .....
aysaibey ( Date: 08-Oct-2013 10:39) Posted:
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Thanks for believing in albedo. :)
hyekyo88 ( Date: 07-Oct-2013 17:07) Posted:
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Confirmed 5 + 2 land parcels
Parcel
(1) Land Area Development Plan Land StatusParcel 1 295.9 acres 40% Commercial / 60% Industrial Freehold
Parcel 2 160.5 acres 30% Commercial / 70% Residential Freehold
Parcel 3 29.9 acres 100% Commercial Freehold
Parcel 4 38.9 acres 100% Commercial Freehold
Parcel 5 8.3 acres 100% Commercial Freehold
Parcel 6 8.5 acres 100% Commercial Freehold
Parcel 7 120.7 acres 30% Commercial / 70% Residential Freehold
Total 662.7 acres
Note:
(1) Land parcels are currently owned/procured by the Vendor
Expected development period for all 7 land parcels is 12 to 15 years
Land parcels are valued at approx. RM2.7 bil or approx. RM94psf (with Development Order in place)
sure kena shoot down at closing back to openning price. as usual it is only BB trick. how many time i have noticed this happening to this counter. regardless it break resistance. especially since its RTO news release recently. it is only way BB make money.. watch out it will happen again today. if you buy and can hold is better. but buy at day low.
=) News came.
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Company |
Announcement Title |
Date |
Time |
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2 |
ALBEDO LIMITED |
Oct 8 2013 |
08:05:43 AM |
cheesykian ( Date: 07-Oct-2013 16:22) Posted:
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Up , up and away. Dijaya
The Berjaya Group Friend. Even KFC IS A FRIEND.
Broke through 3.8c resistance with high volumes. Sentiment for Iskandar intact. Lai
Vested some for long term, some for any term, got coffee will take :)
teeth53 ( Date: 08-Oct-2013 09:25) Posted:
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http://infopub.sgx.com/FileOpen/Presentation.ashx?App=Announcement& FileID=258952
http://infopub.sgx.com/FileOpen/AnnouncementClarification.ashx?App=Announcement& FileID=258894
theres a plan...this one is finally not a fly by night penny...hang on tight
Long term bet still rewarding.....See how BBs play...huat huat arhh.
reinforcing my previous message.
investors with holding power will not be disappointed
cheesykian ( Date: 07-Oct-2013 10:37) Posted:
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Good chance to get out today.
gd mrn bros,
my personal view, I will give this company a chance... looking into long term investment.
hope today will be a better day than yesterday for all/most of us.
I think we are like buying into a landbanking company. it is interesting to find out how the RTO would pan out and how are the financial calculations. I think we can give this company a chance to prove themselves.They are also a worthy developer.I dont think they are a fly by night stock company thats why the interest. SGX should not clamp down on all company that have high trading volumes or seek funding to expand or investors are willing buy their stories. Fairy tales dont always come true bjt some do like our little island.CHEERS.
How many understand Johor land policy? Next year 4-5 % tax + authority approval .......any capital gain tax? future GST etc ?
Need advice for long term investment, thanks
mrwise ( Date: 06-Oct-2013 18:48) Posted:
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