It is a joke and brainless proposal.
The brainless minister said this give chances to those who can afford but can't get loan from bank to buy.
Does he mean money laundry?

RVI123, May I know how you know the cash was spent on buying land as in the latest QR?

Kenanga is rubbish, obvious that the low TP call is due to the issued call warrant, thanks valueinvesrer for the links. Some how the call gives investors chance to accumulate at low prices

Cash is king during bad time, which is now

Expected as they only have one running project, coming quarter will not be good too

Nope, the cash spent on subsidiary, not sure what for

Spent so much on investment and finish all cash, of course no dividend. But the report did not details the investment

Highest bought at 55cents, lowest 38.5cents. At this level, it is so much under value. Problem with second liner is that if no recommendation from analyst hard to move. Following the article from The Edge and Epf accumulation I think things will change.

Paying 40cents for each share and you get 42cents net cash and other assets and lands, what the heck?

40cents is an important support, hope it can sustain

I think below 40 cents is good buy

Damn that is projected growth, where is the fact?

The biggest problem with Democracy is stupidness, same problem faced by Malaysia

Wow, finally some good news

They should trigger share buy back, at this level the share price is unreasonably low.

What a rubbish recommendation from sinchew

When oil hit 147, expert said it will hit 200! Use your brain, don't blindly believe in so called expert!

Agreed that receivable is not part of revenue. Notice that trade payable also balloon up, consider that the coming +ve cash is about 160m.

Receivable is part of revenue, it just means money not yet received, does not mean unrecognised billing

Kakashit I also hope you are right about Thong Thong.
But not only many here don't trust him, the market also don't otherwise the share price will reflect.
Berkshire Harthaway don't declare dividend yet the share price up and up, what about Insas?
What I can see that every time the warrant price rebound then the guy will start selling and the price down, Thong Thong is not Warren Buffet as Warren will not sell his own company share for short term profit.

There is limit that how low the oil price can be manipulated until. Among the oil producing countries none can survive except Norway when oil at 40,but now it is at 30. I think the cost and risk for speculator are too high, and that they are doing reverse positioning which caused the oil sparked on Fri.

This guy short the market then release all the rubbish speculation.

Oil prices are manipulated and I think we saw the bottom