No doubt, BREM is the star of the week.BREM is seriously undervalued due to the lands it accumulated since many years back. BREM finally fly to the sky few days ago after Nanyang newspaper writer revealed it's actual value on the paper.
Without the writer paragraph, I believe BREM will still need some times to go up to RM2.00. However, before that, it has managed to shoot up from RM1.20 to RM1.50, and now at RM2.00 level.
Congratulations to those who buy in since RM1.20, it is such high return within a short period. Not only that, it also brought up other undervalue property counters price, such as CVIEW, SHL and KSL. CVIEW just shoot up 13% yesterday!
In my opinion, BREM is seriously undervalued in terms of lands holding, but not the income that it can brings to investors. In view of the index is already very high, people will just fry whatever it makes sense or doesn't make sense. And that's why suddenly high NTA property counters become the target. It's worth to pay attention to those who have not shoot up a lot.
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