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3 comment(s). Last comment by valueinvestor 2011-10-17 19:37
Posted by luckyman > 2011-10-16 22:06 | Report Abuse
The co is growing consistently and has another RM 18 billion projects to be launched by end of this year. Just imagine the upside potential for the warrant if the mother share goes up by a mere 20 sen for all the good news coming.... :-)
Posted by valueinvestor > 2011-10-17 19:37 | Report Abuse
At 27 sen, Glomac-wa is still undervalued. The intrinsic value is now 30 sen. If the mother share can move up to RM 1.00, the warrant shall then be worth 45 sen. Good buy!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
luckyman
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Posted by luckyman > 2011-10-16 07:02 | Report Abuse
Watch Glomac-W better lah. It is pretty much undervalued and its mother share is well supported under share-buy scheme. The company has about RM370 mil cash and RM550 mil unbilled sales locked-in. So its next 2 years' profitability is assured. Such opportunity is hard to come by. :-)