Saturday, May 30, 2009

Plenitude (5075)



Plenitude Berhad was incorporated on 6 November 2000 as a private limited company under the name Plenitude Sdn. Bhd. Subsequently, the company was converted to a public limited company in the same year and accordingly assumed its present name.

Plenitude Berhad is a an investment holding company and has seven wholly-owned subsidiaries within the Group. They are namely Plenitude Tebrau Sdn. Bhd. , Cipriani Sdn. Bhd., Plenitude Heights Sdn. Bhd. , Plenitude Hills Sdn. Bhd., Plenitude Permai Sdn. Bhd., Plenitude Damansara Sdn. Bhd. and Golden Valley Network Sdn Bhd. The Group has a diverse portfolio of business ventures related to the company's core competencies in property. This includes property development, property investments as well as beach hotel ownership and management.


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Plenitude just released their latest impressive financial result yesterday. Profit increased by almost 23%! Balance sheet also very healthy and currently sitting on net cash. So RM2.00 should a good entry price for me for my long term investment. too naive? then maybe Rm2.10?

Last Traded RM 2.23
PE ~4.0
DY ~6.xx%
Rev +12.39%
Profit +23.52%
Fixed Deposit per share RM 1.55
Cash per share RM0.41
Cash and cash eq +82.5%
non current liabilities RM0.00
current liabilities per share RM1.10 (+0.12%)
NTA RM4.66 (+6.47%)


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