Petroleum industry? O&G at d moment downtrend. Could it b one of d reason of Megasteel closure?

NTA, not so much in fixed assets, but in (T) tangible assets. A lot of property counters not having land re-valued, not overvalued. It can be tangible if develop and sold off at high premium. Another case is receivable which can turn into bad debts, it can greatly change the high NTA. So in my humble opinion, believed in high NTA, but checked any tangible assets which can turn negative easily.

I'm waiting some one to ask this question. It is general knowledge warrant not entitle for bonus, share split, dividend, voting rights, etc depending on deed poll..Most deed polls will have complicating convertion formula for such situation. Really need an expert to understand which I am not. Just my 3 cents worth..

Tomorrow hopefully fast n furious like today, not at my desk n miss chance to grab my TP 30% of 0.155. up up Iris..

I hope goreng goreng, just went in at 0.155. NTA of 0.26, 1Q16 n par of 0.15. A lot of warrant conversion at 0.15. Probably not go lower of year low of 0.13.

NEWCO usually temporary name for company do restructuring and merger. It will rename to new identity for PMETAL Holding. Other details still unknown, wait for announcement..

I think need understand which part of business in Newco?