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Profits dropped 70%, sell or hold or buy?

One of Malaysia’s largest developer, IOI Properties reported a 70% on quarter drop in net profit for Q1 of 2014. Government price-controlling measures were cited as one of the reasons. If you own their stock, what would you do now? Quickly sell? If you sell, they call this knee-jerk reaction. However if you did not … Read moreProfits dropped 70%, sell or hold or buy?

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Penang property – Balik Pulau – Is it ‘far’?

I remember many years ago when my wife and I visited the Botanica CT showhouse in Balik Pulau.  Construction was going on feverishly.  The road leading to the project was winding and there were not too many developments on either side of the road. We went up from the bukit jambul hill road and it … Read morePenang property – Balik Pulau – Is it ‘far’?

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