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then most likely Guthrie will just keep milking this JP cash cow for many years to come...
ok lah, have to wait for LKT family to offer...hopefully the dividends will go up! we have to be patient!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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yes it is, but surprised to see LKT not expanding outwards toward Jurong East... wonder what are they waiting for?
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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The last 3 days saw heavy accummulation of LKT shares, with average daily volume of 200k. This is 20 times higher than the average daily volume of around 10k shares, often with days going by without a single share transacted.
As a result, the share price spiked by slightly over 10% from $0.90 to close at $0.975 today.
Anything brewing?
I note that in their unaudited results ended 30 June 2014, their cash and bank balances swelled to an impressive $112m. Almost like a mini-bank! With so much cash on hand now, how will they deploy it? Hopefully a special dividend for loyal minority shareholders who have stuck with them through the years?
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05-09-2014, 11:13 PM
(This post was last modified: 05-09-2014, 11:14 PM by brattzz.)
Mmmm... true, monitoring for any breakthru... hope LKT invest more into Jurong Lake District Growth!
Grow, grow, grow!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Probably they got an article on The Edge magazine, so they got lots of exposure that why
Its actually very well written!!!
not vested though
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06-09-2014, 01:25 PM
(This post was last modified: 06-09-2014, 01:26 PM by brattzz.)
alamak... vouchers does not bold well for JP... if LKT is willing to give 20% discount to designated retailers (see the list), means business is not good for them.. this is like a form of rental rebates..
Yes! Jcube/JEMS/Jgateway/IMM's effects are affecting JP1+2 already... 20% in crowd flow numbers!!
Not a good indication.... :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Sg overmall in the short term. Too many new malls coming up. Linked to MRTs means more choices.
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"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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opmi, i like ur term, "OVERMALL"...
u should patent it!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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