Company has 10% market cap in cash, current liabilities <cash in hand, non current liabilities of only 8.8 mil, earnings was flattish but mainly due to listing expenses,
PE ratio was a bit high but down to 40 ard the same as vitrox, market isn't logical most of the time, just sad no bullet to avrg down

increase in milk price soon? as raw materials cost keep increasing, that why top line up but bottom line didnt grow, at least they didnt lose money on forex now compared to last quarter

4 possible scenarios
1. MBMR sells P2 stake to UMW/SIME - unlikely, as past attempts has failed, but i doubt MBMR would sell its golden rice bowl no matter the price
2. MBMR bought out by UMW/SIME, taken private - just like what happened to UMW, more likely than 1 but theres no single majority shareholder in MBMR, unless they can come to an agreement
3. stalemate - nothing happens, most likely outcome based on past experience
4. some sort of JV/ agreement to list P2 - i think most people think this is the goal of simedarby as of now, might fall through but will need the consent of the japanese as they hold a significant shares in P2 ~32%

what will actually happen? i dunno, just my 2 cents

another subdivion of share today, to pay management, why would they do that ?