Hunthunt's comment on NCT. All Comments
Hunthunt
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NCT expands land bank in Kuala Langat via stake acquisition, eyes RM1.5 bil industrial project
https://www.klsescreener.com/v2/news/view/1721849/nct-expands-land-bank-in-kuala-langat-via-stake-acquisition-eyes-rm1-5-bil-industrial-project
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1 month · translate ·
Kang1995
so this is to expand the landbank of its existing smart industrial park
Like · 4 weeks · translate
Hunthunt
yep, cause recently just sign a 100 acre land parcel to support data centre development, so this is to replenish their landbank
Like · 4 weeks · translate
Hunthunt
anyway qr going to release this week, hope gonna be a good one
Like · 3 weeks · translate
Ketchup
the upcoming qr main contributor sure is NSIP project again
Like · 3 weeks · translate
Hunthunt
you’re right, the NSIP contributed 81.04mil revenue to this quarter compared to 39.75mil in previous corresponding quarter
Like · 3 weeks · translate
Ketchup
the phase 2 of NSIP is going to launch in this year, so should support the earning as well
Like · 2 weeks · translate
Hunthunt
yeah and the oil price also dropped, so should help ease the cost of development
Like · 3 days · translate
Jia Cheng
the oil price dropped further now, they dont need to worry about the thin margin issue already
Like · 2 days · translate
Ketchup
is the impact of oil price big to the company?
Like · 1 day · translate
Jason Wan
oil price will definitely have some impact to property sector one, because development projects are quite energy-intensive
Like · 1 day · translate
Hunthunt
@ketchup, 10% decline in oil prices could generally reduce construction costs by around 1% to 2%, potentially translating into a 1% to 3% increase in profit margins
Like · 16 hours · translate
Kuromi
1-3% increase from the current margin or 1-3 percentage point increment? if percentage point then the difference is very substantial
Like · 2 hours · translate