CapitaLand Malaysia Trust (CLMT) - Update - (1) Divestment and Disposal of Non-Performing Assets; (2) Potential Indirect Beneficiary from Budget That might be Allocated to Penang for Development; (3) Good Result in upcoming QR

(1) Divestment and Disposal of Non-Performing Assets - 3 Damansara

The recent announcement on CLMT's decision to dispose of or divest Office Tower - 3 Damansara is a good news to all unitholders and this decision is within my expectation since my active enrolment in CLMT.

The divestment will further optimise resources of CLMT so that non-performing assets be disposed of to unlock value of CLMT such that CLMT will be able to reduce operating cost and make meaningful use of its resources.

Snapshot of announcement for your information: -

This will means that my projection done previously was very much prudent or conservative. 

The actual potential good results will be reflected even better than my projection given the divestment of 3 Damansara.

See link to recall my projection: -

https://devotee-of-john-templeton.blogspot.com/2023/08/capitaland-malaysia-trust-clmt-humble.html

(2) Indirect Beneficiary from Budget 2024

据一些消息，安华会大大照顾以下的州

1) Johor - 已经承诺一些事情,比如经济特区

2) Penang - 已经承诺一些事情比如轻快铁，希盟的最大党，火箭的堡垒区，也是团结政府的造王者，更是华哥和Mat Sabu的家乡。-> CLMT's main quality assets in Penang

3) Sarawak - 团结政府的造王者，必须关照 - > one of AFFIN's shareholders

这个应该会是下个月财务预算案受益很多的

那些绿洲好像没有在排行榜上。

这些州related 的公司股票应该会有机会飞翔。

(3) Good Upcoming Quarter Result

The result will be expected GOOD as you could easily notice that EPF and KWAP has started collecting non-stop 

Tips -- > certain alliances or members from CREADOR will also start collecting CLMT

EXPECTATION FORMED ON 1 AUGUST 2023

My prophecy and expectation of the price of CLMT to reflect its value due to the above plans

12 - 18 months from 1 August 2023 (current price RM0.530 as of 29 August 2023)

Pessimistic = RM0.750
Optimistic = RM1.000
Beyond Expectation = RM1.200

REVISED EXPECTATION FORMED ON 5 SEPTEMBER 2023 - To reflect the above Divestment of Non-Performing Assets

8 - 14 months months from 5 September 2023 (current price RM0.540 as of 5 September 2023)

Pessimistic = RM0.750
Optimistic = RM1.000
Beyond Expectation = RM1.200

DISCLAIMER:

This post or blog does not constitute BUY/SELL CALLS and it is just for information sharing. The author above won't be responsible for any parties relying on this information for investment decision.