Hi guys,
I have posted 3 Types of Stocks and Their Wealth
There is a time line for wealth
1) Future Wealth
2) Present Wealth
3) Past Wealth
1) FUTURE WEALTH
One Stock stands out having all 3 = ASB or Advance Synergy Bhd
ASB has future wealth as Next Year is VISIT MALAYSIA YEAR 2020 (VMY2020)
6 Months into the Future will be another Year targeted at In bound Tourism
ASB has Tourism Products Plus it manages 15 Holiday Villa Hotel & Resorts
Of these 10 of them are owned by ASB located in Malaysia & worldwide
2) PRESENT WEALTH
ASB has just received a deposit for its sale of Wisma Synergy in Shah Alam for Rm124 Millions
Original cost was Rm31 millions. So there is a real profit of Rm83 millions which translate to 8.3 sen profit. At 14.5 sen that is a present profit of 57%.
How many companies can generate a profit like this.
3) BEST OF ALL ASB HAS PAST WEALTH STORED UP
ASB still has many assets of Value as shown by its high NTA of 45 sen
More assets could be sold to unlock value
ASB also own 58% Captii shares listed in Singapore right now
ON 28th June 2019 ASB will be holding its AGM in Wisma Synergy
See
Located in 72, Persiasaran Jubli Perak in Section 22 Shah Alam (Beside SJ Securities)
THIS ASSET NOW UNLOCKING VALUE: BOOK VALUE RM31 MILLIONS. CONFIRMED SALE WITH DEPOSIT PAID RM124 MILLIONS (PROFIT MORE THAN 200%)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS ADVANCE SYNERGY BERHAD ("ASB" OR "THE COMPANY") Proposed disposal of all that piece of freehold land held under GRN 177486, Lot 38271, Pekan Baru Hicom, Daerah Petaling, Negeri Selangor together with the buildings as well as fixtures and fittings erected and affixed thereon
| ADVANCE SYNERGY BERHAD |
| Type | Announcement |
| Subject |
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
ADVANCE SYNERGY BERHAD ("ASB" OR "THE COMPANY")
Proposed disposal of all that piece of freehold land held under GRN 177486, Lot 38271, Pekan Baru Hicom, Daerah Petaling, Negeri Selangor together with the buildings as well as fixtures and fittings erected and affixed thereon
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The Board of Directors of ASB (“Board”) wishes
to announce that its indirect wholly-owned subsidiary, AESBI Power
Systems Sdn Bhd (Company No.: 336668-T)(“Vendor”), had on 10 May 2019
entered into a conditional Sale and Purchase Agreement (hereinafter
referred to as “SPA”) with Symphony Warehouse Sdn Bhd
(Company No. 1322075-V)(“Purchaser”) for the proposed disposal of all
that piece of freehold land held under GRN 177486, Lot 38271, Pekan Baru
Hicom, Daerah Petaling, Negeri Selangor (the “Land”) together with that
the buildings and structures erected on the Land and fixtures and
fittings (excluding those which are listed by the Vendor and given to
the Purchaser prior to completion of the SPA) erected and affixed
thereon (collectively, the “Property”) for a cash consideration of Ringgit Malaysia One Hundred and Twenty Four Million (RM124,000,000) only (“Purchase Price”), subject to the terms and conditions as stipulated in the SPA (“Proposed Disposal”).
Further details of the Proposed Disposal are set out in the attachment.
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|
Please refer attachment below.
ALL CAN SEE, TOUCH & VIEW THIS ONE OF MANY ASSETS OF ASB
CALVIN LIKES VALUE OVER EARNINGS BECAUSE EARNINGS CAN EVAPORATE SUDDENLY WHILE VALUE IN ASSETS ARE ROCK SOLID
IN TIMES LIKE THESE BETTER HIDE IN A TSUNAMI SHELTERED STOCK LIKE ASB RATHER THAN GO PUNTING IN HOT AIR BALLOON WITHOUT MARGIN OF SAFETY
BEST REGARDS
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/212500.jsp
