GMKap

GMKap | Joined since 2016-03-30

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2016-03-30 10:47 | Report Abuse

The management better focus on business not share market. Sitting on property value higher than market capital is crazy. Looks like entire market all plc are competing "discount to asset". Cheap sale.

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2016-03-30 09:56 | Report Abuse

I read also. Means like an 30 years old car cannot use already so on accounting record is zero value, but when sell old car to antique collector, some people sees value and pay a price. Accounting record as "gain", a profit. Long term wise looks good cleaning up lost making company and use the money for profitable business. But need time to proof performance.

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2016-03-30 09:48 | Report Abuse

New player just chip in some. Finding gems in making. A business overall profit is a profit. HP Computer sell each printer machine at lost and earns profit from cartage, over a profitable company. Property start up lost money first 2 years because of project cost, third year earns profit, still a profitable company.