@tns, happy to collect if that happens. After calling out your unjustified and false claims on the business performance, you now focus on the credibility and perception, how laughable. Value and financial track record cannot be changed.

@thunderbird, it is not daydreaming, see it as prudent capital allocation.

@DannyC, queuing 90 sen here too, looks fair. 10% lower from yesterday selloff, 27% lower from all time high of RM1.23. But looks like not lucky enough, it just rebounded.

@realtimee, you really think CRCC one of the largest engineering group in the world won't do a financial and capability check on Instacom?

Some funny comments here by tns

All talk but no proof or justification

Just look at the basic valuation and net profit

VS PE 11x, Revenue RM2.0b (ttm), Profit RM632m (ttm)

SKP PE 26x, Revenue RM0.9b (ttm), Profit RM58m (ttm)

Do the math, use your brain

Looks like good value and ripe for the picking. Current PE <6, DY around 6-7%.
Price weak due to market sentiment on property sector.
But company's new sales, profit, unbilled sales still maintain strong last quarter
One large township focused on landed property below RM600K
May consider to Add some shares if you have extra cash
But of course, diversify and hold cash in current volatile market