Post Reply
161-180 of 2588
But for a shell co....well it can be expected since there was nothing much to generate income to for pay and other expenses. By next Q with RSP and the Vantage project, hopefully can break even which I doubt due to the start up cost for the marketing of project eg cost for show houses, mall, etc and pay for the increased headcounts. As this 2.4 mil loss...is peanuts compared to loss reported by some companies here.
edwinjup ( Date: 02-Nov-2013 12:18) Posted:
| Loss. $2380000.....last q....enough to buy a landed property in iskandar ?? |
|
Ok...the latest Q result nav. Noted thanks....it's way better than the old one of 4 cts which I mentioned.
leftovers ( Date: 02-Nov-2013 17:18) Posted:
the 16 cents NAV was reported from Rowsley results announcement yesterday.
there's a PDF in that announcement, flip towards the end, they reported their own NAV there bro
lglg666 ( Date: 02-Nov-2013 08:31) Posted:
| True....no meaning for their NAV of 4 cts now due to the fact that they have not start to price in the units for their project yet. Once they do then we may know but since its a mix use project it can be very complex esp there is a medical hospital plus when PL throw in his holding in Thomsom medical and TCM. So for the actual NAV thingy....it will take sometime to work thru. Btw where does this 16 cts you wrote come from? Mother is at 28 cts and son is at 11 cts. Please enlighten us |
|
|
|
the 16 cents NAV was reported from Rowsley results announcement yesterday.
there's a PDF in that announcement, flip towards the end, they reported their own NAV there bro
lglg666 ( Date: 02-Nov-2013 08:31) Posted:
True....no meaning for their NAV of 4 cts now due to the fact that they have not start to price in the units for their project yet. Once they do then we may know but since its a mix use project it can be very complex esp there is a medical hospital plus when PL throw in his holding in Thomsom medical and TCM. So for the actual NAV thingy....it will take sometime to work thru. Btw where does this 16 cts you wrote come from? Mother is at 28 cts and son is at 11 cts. Please enlighten us.
leftovers ( Date: 02-Nov-2013 06:50) Posted:
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents no |
|
|
|
Yeah....spot on.
FearValueGreed ( Date: 02-Nov-2013 14:16) Posted:
More like he got connection than vision.
Georgetrade ( Date: 02-Nov-2013 14:12) Posted:
I am pretty sure this is because PL himself is not a good trader unlike many other successful traders in Wall Street.
However, PL himself has a good vision and foresight in businesses. That's where he made his money |
|
|
|
More like he got connection than vision.
Georgetrade ( Date: 02-Nov-2013 14:12) Posted:
I am pretty sure this is because PL himself is not a good trader unlike many other successful traders in Wall Street.
However, PL himself has a good vision and foresight in businesses. That's where he made his money!
newlife ( Date: 02-Nov-2013 13:12) Posted:
Hi all, just to share a quote from PL, the man himself.
Quote:
" It's very difficult to make money from trading. People who get rich are those who buy a company, build it, run it. Most of the traders, they come, they make money, because they have this gambling instinct. They take the money and spend it. The minute they lose money, they got no money to pay up." - Peter Lim
So, what do we think he'll do with Rowsley? |
|
|
|
I am pretty sure this is because PL himself is not a good trader unlike many other successful traders in Wall Street.
However, PL himself has a good vision and foresight in businesses. That's where he made his money!
newlife ( Date: 02-Nov-2013 13:12) Posted:
Hi all, just to share a quote from PL, the man himself.
Quote:
" It's very difficult to make money from trading. People who get rich are those who buy a company, build it, run it. Most of the traders, they come, they make money, because they have this gambling instinct. They take the money and spend it. The minute they lose money, they got no money to pay up." - Peter Lim
So, what do we think he'll do with Rowsley? |
|
Hi all, just to share a quote from PL, the man himself.
Quote:
" It's very difficult to make money from trading. People who get rich are those who buy a company, build it, run it. Most of the traders, they come, they make money, because they have this gambling instinct. They take the money and spend it. The minute they lose money, they got no money to pay up." - Peter Lim
So, what do we think he'll do with Rowsley?
From experience
Bust time property counter can plunge to 0.2 NAV
Boom time can go as high as 2.5NAV for mid to big cap and 5NAV for small cap.
So u decide mr R Will row to which extreme.
tonylim ( Date: 02-Nov-2013 09:11) Posted:
Read this from other forum :
For the FA investor, here are some nos. to go by:
12.69 cents a share is the NTA of Rowsley.
14.28 is the NTA assuming all the warrants are converted.
Rowsley now trades at around 2.4X NTA.
OCBC in August valued Rowsley at 34 cents after conversion of all the warrants.
In short, Rowsley is trading at fair value now.
Personally, I think 30 or below is a good buy. My only concern is the idiosyncracies and uncertainty of the politicians in Malaysia.
lglg666 ( Date: 02-Nov-2013 08:31) Posted:
| True....no meaning for their NAV of 4 cts now due to the fact that they have not start to price in the units for their project yet. Once they do then we may know but since its a mix use project it can be very complex esp there is a medical hospital plus when PL throw in his holding in Thomsom medical and TCM. So for the actual NAV thingy....it will take sometime to work thru. Btw where does this 16 cts you wrote come from? Mother is at 28 cts and son is at 11 cts. Please enlighten us |
|
|
|
Loss. $2380000.....last q....enough to buy a landed property in iskandar ??
Wah, you waiting to buy mother share at 21 cents and warrant at 8 cents when conversion price is 18 cents.....I agree man.....dont buy anything you dont understand.
rabbitfoot ( Date: 02-Nov-2013 10:27) Posted:
| With its ballooning loss reported ytd, hope to swallow the wart at 8 soon |
|
Yes bro....it's a long term investment if want to enjoy the full potential of it. Both for mother and warrants.
edwinjup ( Date: 02-Nov-2013 09:40) Posted:
For me..nav or nta not important now...most important is mrt or high speed train...most likely there will stop near custom which is near to rowsley plot....but if u invest in rowsley..can try wrt ..around 8cents if got...buy rowsley must hold for mrt news in early 2014...if rowsley.50cents...wrt will be.32cents...400% growth..dont over bet..long way..buy and put under pillow ...dont.sell for a sweet and.missed a buffet...u may also wan to swap your lousy counter to rowsley wrt....your money you decide..avoid.play contra..t+5 is killing..unless u can hold....good luck
leftovers ( Date: 02-Nov-2013 06:50) Posted:
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents no |
|
|
|
With its ballooning loss reported ytd, hope to swallow the wart at 8 soon
For me..nav or nta not important now...most important is mrt or high speed train...most likely there will stop near custom which is near to rowsley plot....but if u invest in rowsley..can try wrt ..around 8cents if got...buy rowsley must hold for mrt news in early 2014...if rowsley.50cents...wrt will be.32cents...400% growth..dont over bet..long way..buy and put under pillow ...dont.sell for a sweet and.missed a buffet...u may also wan to swap your lousy counter to rowsley wrt....your money you decide..avoid.play contra..t+5 is killing..unless u can hold....good luck
leftovers ( Date: 02-Nov-2013 06:50) Posted:
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents now
edwinjup ( Date: 01-Nov-2013 23:02) Posted:
Rowsley....nav....is hope....and not.value
...cannot.compare... |
|
|
|
Read this from other forum :
For the FA investor, here are some nos. to go by:
12.69 cents a share is the NTA of Rowsley.
14.28 is the NTA assuming all the warrants are converted.
Rowsley now trades at around 2.4X NTA.
OCBC in August valued Rowsley at
34 cents after conversion of all the warrants.
In short, Rowsley is trading at fair value now.
Personally, I think 30 or below is a good buy. My only concern is the idiosyncracies and uncertainty of the politicians in Malaysia.
lglg666 ( Date: 02-Nov-2013 08:31) Posted:
True....no meaning for their NAV of 4 cts now due to the fact that they have not start to price in the units for their project yet. Once they do then we may know but since its a mix use project it can be very complex esp there is a medical hospital plus when PL throw in his holding in Thomsom medical and TCM. So for the actual NAV thingy....it will take sometime to work thru. Btw where does this 16 cts you wrote come from? Mother is at 28 cts and son is at 11 cts. Please enlighten us.
leftovers ( Date: 02-Nov-2013 06:50) Posted:
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents no |
|
|
|
True....no meaning for their NAV of 4 cts now due to the fact that they have not start to price in the units for their project yet. Once they do then we may know but since its a mix use project it can be very complex esp there is a medical hospital plus when PL throw in his holding in Thomsom medical and TCM. So for the actual NAV thingy....it will take sometime to work thru. Btw where does this 16 cts you wrote come from? Mother is at 28 cts and son is at 11 cts. Please enlighten us.
leftovers ( Date: 02-Nov-2013 06:50) Posted:
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents now
edwinjup ( Date: 01-Nov-2013 23:02) Posted:
Rowsley....nav....is hope....and not.value
...cannot.compare... |
|
|
|
Orh......sorry.....my bad.......then why you interested to buy at 21 cents?
rabbitfoot ( Date: 01-Nov-2013 22:46) Posted:
|
Most property counters in Spore trade at a hefty discount to their NAV. Indon counter Gallant share price is 0.28, NAV~0.55. Rowsley is the odd one out... |
|
yes yes edwin is right, good potential in rowsley
key asset - vantage bay - is understated and undeveloped land at this point. why? because the nav does not consider work-in-progress - substantial value has been added to Vantage Bay - it is ready for sale as early as 2014
the ducks are lined up, and the potential can be realised very quickly
investors will sell house and home to buy Rowsley at 16 cents now
edwinjup ( Date: 01-Nov-2013 23:02) Posted:
Rowsley....nav....is hope....and not.value
...cannot.compare....
rabbitfoot ( Date: 01-Nov-2013 22:46) Posted:
|
Most property counters in Spore trade at a hefty discount to their NAV. Indon counter Gallant share price is 0.28, NAV~0.55. Rowsley is the odd one out... |
|
|
|
Rowsley....nav....is hope....and not.value
...cannot.compare....
rabbitfoot ( Date: 01-Nov-2013 22:46) Posted:
|
Most property counters in Spore trade at a hefty discount to their NAV. Indon counter Gallant share price is 0.28, NAV~0.55. Rowsley is the odd one out... |
|
Most property counters in Spore trade at a hefty discount to their NAV. Indon counter Gallant share price is 0.28, NAV~0.55. Rowsley is the odd one out...
The net asset value per share for the Group was 16.12 cents as at 30 September 2013paladin ( Date: 01-Nov-2013 22:20) Posted:
I know I know...... 21 cents......
rabbitfoot ( Date: 01-Nov-2013 19:35) Posted:
| Have you guys figured what is the NAV of this stock? For a property counter, it's too low. Don't own without knowing the nav. |
|
|
|
