Palani Ramasami's comment on L&G. All Comments
Palani Ramasami
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This company has quite a big land bank at Sungai Jernih there
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1 week · translate ·
Goh Thiam Huat
That Sungai Jernih land bank is actually quite solid , property market still soft so better watch if they can really unlock that value
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Joscylyn Chua
The Kerling land is around 2,500-acre, with an estimated GDV of RM1.5 billion!
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Lng Hlk
1.5b is for phase 1, 250 acres
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Palani Ramasami
That 250 acres alone already carries a GDV of about RM1.5 billion. Now just imagine the value if you take into account the entire land area
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Vee Chet Jin
That 1.5 billion GDV is just the tip of the icebergm once they start rolling out the other phases, the valuation for this counter is going to look damn cheap at these levels
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