Global Value Investing

[MNT]

AHP

No problem, certainly good to look at new ideas too!

For their properties, a bulk of them is in KL, especially near Damansara which is good location indeed. However those Sarawak and Sabah ones are not too central. Check this out.

http://en.wikipedia.org/wiki/Taman_Tun_Dr_Ismail

having said that, the town is old like most places in KL and most property firms rely on cash flows from construction or additions made donkey years ago.

I guess it is not good to have good locations but rather it is a minimum to have only good locations since theres a likelihood of value decline. Since they are all so old, it will be time to refurnish, which means cashflows may take a hit. But if price differs massively from the asset base, then it may be worth a look.