Tuesday, November 25, 2008

How to pick stock (part 11)

The second good investment I made successfully was mah sing. I was using cagr indicator and pe and roe to find out this stock.

First of all, it started to change its business model from developing middle end to become developing middle end to high end. I belive its investment strategy was quite good, means it was demand driven business.

With limited land bank and high asset turnover strategy, it started different strategy with other developer. Because of that now it become top 5 developer in malaysia in term of revenue.

Mah sing always develope the land with higher speed. Because of this, it can avoid the current hyper inflation on the construction cost by lock in the price.

Mah sing has a good management. And I believe with bigger shareholder based few years later, it can attract more institutional investors and obtain better credit rating, so that it can get a lowe interest rate loan.

2 comments:

WY said...

Hello Jack.

See that real estate is your interest. Would you mind sharing your insights in real estate when you have the time ?

WY said...

Hello Jack.

See that real estate is your interest. Would you mind sharing your insights in real estate when you have the time ?