Hunthunt's comment on NCT. All Comments

Hunthunt
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Jia Cheng
NCT Alliance's pivot to industrial property is a solid long-term move to lock in recurring income and diversify away from residential cyclicality, provided their balance sheet stays healthy enough to manage these massive development costs.
Like · 1 month · translate
Nebula
nice now the phase 2 finally launched, hope the uptake rate will be as high as phase 1
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Sheldon
That phase two launch is definitely a good sign but everything depends on whether the market sentiment can sustain the same strong take-up rate we saw last time.
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Hunthunt
Phase 2 will offer a total of 241 units of detached, semi-detached, cluster and terraced factories, as well as industrial land parcels
Like · 4 weeks · translate
Wei Yang Hau
That phase two project sounds like solid expansion plan for their industrial portfolio but the real test is whether they can secure enough tenants or buyers to keep the cash flow steady.
Like · 4 weeks · translate
Hunthunt
the location is pretty strategic, so i think the uptake rate will be high like phase 1
Like · 4 weeks · translate
Edward Lee
That area got big potential and with the way they planning the project, sure can sell out fast just like the first one.
Like · 3 weeks · translate
Unown Unown
The OPR stayed at 2.75%, so I suppose the uptake rate would be high
Like · 3 weeks · translate
Hunthunt
@edward yep cause the NSIP is only about 12 km from KLIA, which is attractive for electronics, high-value manufacturing, logistics and businesses that need fast air-freight access
Like · 3 weeks · translate
Jason Wan
that prime location near KLIA is a total game changer for them to attract big players and skyrocket their long-term value
Like · 3 weeks · translate
Hunthunt
the earning already showing major improvement and the total GDV of the NSIP is about 10bil now market cap at 1bil only
Like · 6 days · translate
Sam Tao
With that massive GDV backlog and earnings turning around, the stock is clearly undervalued and waiting for the market to wake up to the potential.
Like · 4 days · translate
Lemonpie
have to wait for the different phases of NSIP to progressively roll out before the full value can really be unlocked
Like · 4 days · translate
Wei Yang Hau
gotta hold steady and wait for the different phases roll out first, too early to judge at the moment
Like · 3 days · translate
Hunthunt
yeah need hold as phase 2 is targeted for completion by 2029
Like · Yesterday · translate
Jason Ong
Still got long way to go, but now actually also almost end of 2026 already
Like · 18 hours · translate
Nebula
indeed, still gt a long way to go, need wait until 2029 to see phase 3
Like · 3 hours · translate