|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.575 ||0.77 || +0.195 (33.91%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
|02/02/2016 ||0.69 ||0.77 ||+0.08 (11.59%) ||HOLD ||MIDF || |
minion1234 chapter 11 bankruptcy ? MAS follower.
ppxx881234 whats going on it? still can go up?
minion1234 Very soon privatize. offer 2.00?
Steven Lee look at the 10 years chart
MATB This company need years ....
chinkeong88 Jialat lo.. bought accumulated from 1.80, 1.20,1.00, 0.80,...n now...
chinkeong88 Not dare to buy, worst invest even have a good background.
sosfinance market cap vs net asset value = RM590m vs RM2,200
Very hard to value this company due to making losses. Hence, from NTA perspective, assuming write off of associates RM700m (associates = RM1.3b v market value of associates RM0.6b).
Dry Bulk + Tankers (invested)
Estimated value = RM2.0 b, due to substantial drop in charter rate of USD25k per day to USD8k per day, tankers value provision say 50% = RM1.0b
ROUGH VALUE OF MAYBULK ASSETS
Net asset value = 2.2b - 0.7b - 1.0b = RM0.6b which is close to the share price.
Depends basically on the recovery of BDI, but based on 2015 figures, another year of blood bath for 2015, i.e. losses of about RM70m. Going forward, if BDI continue to suffer in 2016 (likely), hence it will have another year of RM100m losses.
SO, lets see.
Steven Lee look at the BDI 10 years chart also...