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360 comment(s). Last comment by Kohcl8 at Nov 13, 2019 9:31 PM
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prudentinvestor
1274 posts

Posted by prudentinvestor > Feb 14, 2019 6:00 PM | Report Abuse

If the company directors do not know what to do with it's over RM 150 million cash pile, just distribute the money to the minority shareholders as dividend and let them decide what to do with their money.


Kohcl8
27 posts

Posted by Kohcl8 > Feb 14, 2019 8:08 PM | Report Abuse

Maybe something is cooking and major trigger will happen


cherry88
663 posts

Posted by cherry88 > Feb 15, 2019 9:17 AM | Report Abuse

Based on latest financial data as at 30Sep, its CASH per share stood at RM1.77 ! If you include their quoted shares and bond (total RM38.8mil), its CASH and CASH EQUIVALENT per share goes to RM2.30 !! This company has no borrowings. they are doing the "Dreamland" mattress. Most of you may buy this product before.
Subject to privatization, and possible at RM2.30 (against its Net Asset of RM2.57 per share). At current price of RM1.20, you are buying at RM1.20 in exchange to cash in the company for RM2.30.


Kohcl8
27 posts

Posted by Kohcl8 > Feb 16, 2019 9:39 AM | Report Abuse

I would presume that the boss is consolidating his asset and may have take private or reverse take over


Kohcl8
27 posts

Posted by Kohcl8 > Sep 24, 2019 8:23 PM | Report Abuse

Why sudden surge of the price?


AllanTingAS
109 posts

Posted by AllanTingAS > Sep 24, 2019 9:47 PM | Report Abuse

The Kbunai boss is the substantial sh.


Kohcl8
27 posts

Posted by Kohcl8 > Sep 28, 2019 11:26 AM | Report Abuse

U think facb will be the next target?


paperplane
18586 posts

Posted by paperplane > Nov 5, 2019 9:43 AM | Report Abuse

Its a good d stock


prudentinvestor
1274 posts

Posted by prudentinvestor > Nov 11, 2019 3:30 PM | Report Abuse

After selling its 339 million KBunai shares to LP Chen, Facbind will have almost RM 200 million in cash or net cash of RM 2.35 per share.


Kohcl8
27 posts

Posted by Kohcl8 > Nov 13, 2019 9:31 PM | Report Abuse

There will be more install for Facb by Chen. Definitely some actions will be announce soon

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