tapdance 
27 posts |  Posted by tapdance > Mar 18, 2020 4:50 PM | Report Abuse
Cash earmarked for mega Indonesian plant? |
Sneakpeek
408 posts | Posted by Sneakpeek > Mar 19, 2020 9:14 AM | Report Abuse Officially a penny stock |
Jeffreyteck
2373 posts | Posted by Jeffreyteck > Mar 19, 2020 9:52 AM | Report Abuse Possibility of 0.50 amidst worst conditions? |
ochai
224 posts | Posted by ochai > Mar 19, 2020 9:57 AM | Report Abuse nee noo nee noo... nyum nyum!!! |
tapdance
27 posts | Posted by tapdance > Mar 20, 2020 11:12 AM | Report Abuse Anyone knows how long was the plant maintenance shut down for (in early 2020)? |
mohamsu
53 posts | Posted by mohamsu > Mar 20, 2020 1:30 PM | Report Abuse Plant already run |
Jeffreyteck
2373 posts | Posted by Jeffreyteck > Mar 20, 2020 8:47 PM | Report Abuse Waw, limit up intra day. |
mf
15272 posts | Posted by mf > Mar 22, 2020 9:10 AM | Report Abuse Oil falls 11%, on track for worst month on record |
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bahai4453
1002 posts | Posted by bahai4453 > Mar 23, 2020 3:03 PM | Report Abuse Hold tight. next rebound is on the way. |
firehawk
2915 posts | Posted by firehawk > Mar 24, 2020 3:08 PM | Report Abuse want to limit up again? |
jackson88
45 posts | Posted by jackson88 > Mar 27, 2020 11:34 AM | Report Abuse Company got RM4bil cash from IPO 5yrs ago. Maybe taken private since share is so below value. Each share got RM1.70 cash. But price only RM1.20 per share |
bahai4453
1002 posts | Posted by bahai4453 > Mar 27, 2020 12:49 PM | Report Abuse Be aware of the long weekend. Any thing can happened at this times of the months. US 3 millions jobless at this moment. 3 Trillion can last for 6 weeks only. |
Huatexpert
143 posts | Posted by Huatexpert > Mar 30, 2020 2:29 PM | Report Abuse Asian petrochemical markets will likely remain subdued this week as the escalating coronavirus pandemic in the US and Europe continues to cloud the global demand outlook.
https://www.spglobal.com/platts/en/market-insights/latest-news/petrochemicals/033020-asia-petrochemicals-outlook-wc-mar-30 |
Foker
80 posts | Posted by Foker > Mar 30, 2020 7:03 PM | Report Abuse Jackson, it it doesn't have RM 1.70 cash per share. Furthermore, if you deduct current liabilities, it will be far less. The net cash per share will be around RM 0.5 |
Foker
80 posts | Posted by Foker > Mar 30, 2020 7:09 PM | Report Abuse But Graham says if a company is trading below its net working capital, you are almost guaranteed you will make money. If you go around and look, there are scarcely any shares that trades below its net working capital. Because this share came fresh off from its IPO, its share price is actually trading at 0.5 times its net working capital. |
Foker
80 posts | Posted by Foker > Mar 30, 2020 7:12 PM | Report Abuse You can bet that it will return above RM 2, where its net working capital is worth at. If you view liquid assets as a good close substitution for cash, you can say this counter is actually worth the amount of cash it can convert to quickly |
Foker
80 posts | Posted by Foker > Mar 30, 2020 7:13 PM | Report Abuse Worth less than the amount* |
