calvintaneng, admire you have time to scuttlebut the company :) Are you full time investor?

I usually look at the profitability over asset when evaluating a company. This company is attractive on valuation but still lack of profitability capability...We have slightly different view but I'm happy to learn from you :)

Cheers

Thanks calvintaneng for you explanation (Appreciate more if you could write in mixed case where it is more readable compare to all caps *_*)

I just have a glance on the latest qtr report to understand the overall company & have no plan to scuttlebut yet

Even with additional 4.5 mil 'profit' due to property re-evaluation, it's going to be one time deal and might only have impact on their short term stock price. I'm still sceptical about their long term earning capability on their core business

Probably you could help me to understand more about the company :)

Unfavorite industry with very low profit margin (2.4 mil profit over 125 mil revenue)
Much lower profit margin on higher revenue compare to Q213,
Have doubt on their intangible asset valuation (43 mil over 324 mil total asset)

Just wonder how to justify higher stock price with such lower earning capability?

Capital control was one of the worst decision our government ever made to protect the vested interest groups (The friends of Dr M) It costs our country credibility & no foreign capitals are interested to invest in our market since then. The damage lasts 15 years and is counting. Rakyat will continue paying the price. Unfortunately, many still believe we are doing the right things