might as well say 0.17 :p With the P/E of 4.63 (compared to Mahsing, P/E of 20, or SP Setia, P/E of 10), Avaland is undervalued

this share has a low amount of floating shares, hence when some people take profit, the price drops. Time to buy more :)

Tbh, the losses are due to a one-time asset depreciation of 15 mil. I bought more and will wait for the stock to bottom out

https://www.insage.com.my/Upload/Docs/TDM/TDM-2024Q1.pdf#view=Full

I'm concerned over Avaland's debts :( any thoughts, folks? Avaland has negative cashflow from operations (CFFO) and is being propped up by Ayalaland's money to the tune of RM 500 mil.