Hi valuegrowth, nice to see you here. Do you know how the dual listing work? Is it like I can sell my share here in HK market? Or AA will issued more shares in HK listing?
It's secondary listing, not dual listing. It mean, all existing shares and new shares (if any) can trade in HK, but you can't actually do it freely. To trade existing KLSE stock in HKSE, you need to go through conversion procedure, which may take some time. The share price in 2 market isn't sync.
Batu88, the option actually is open, and not yet finalize, it might be change when the time come, since there is so many foreign investor (52%), listing in HK maybe will greatly boost AA valuation since there is not so worry on exchange loss compare to riggit. for current valuation even AA net profit cut to half, it will only PE 6-7
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....
batu88
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Posted by batu88 > 2017-01-18 21:07 | Report Abuse
很感谢你的分享。可不可以分享一下你自己对AA的估价呢?我自己的估价大概RM3.60。想参考一下其他股东的意见。哈哈。