Posted by calvintaneng > 2017-03-07 09:38 | Report Abuse

High NTA not the only factor.

A Bomb also no use if there is no fuse to explode it.

The fuse for DRB are

1) Proton JV with new partner. Najib said must get partner

2) POS/DRB JV with Alibaba. Najib invites JackMa

3) Najib pump Cash into DRB by buying 8x8 Defense Tanks

4) Unlocking of POS lands & DRB Lands - started with the first one - Sale of Corwin building in Spore for half a billion ringgit - to be followed by many others.

5) Boost Proton Iriz sale when Najib announced Rm5,000 discount for Grab & Uber Taxi

6) Make 2017 Year of Digital commerce by increasing broadband usage. So that all can shop by internet and ship goods by DRB logistics & delivered by POS

7) Make Islamic Banking a priority to benefit Bank Maumalat

8) Increase motorbike loan from Rm5,000 to Rm10,000 to boost DRB's Modenas Biks Sale


WOW! The guy who is lighting the fuse for DRB/POS is non other than PM NAJIB HIMSELF DURING THE 2017 BUDGET!


WAHAHA!

Pm Najib lighting fuse after fuse after fuse for DRB

Sure trigger this Golden Bomb of Prosperity for All


WAHAHA!
07/03/2017 09:38

Posted by klsetitan > 2017-03-07 10:06 | Report Abuse

The author didnt mention that the boss has been buying back shares like no tomorrow...

Posted by Jay > 2017-03-07 10:18 | Report Abuse

have to look at all angles when you think

1. NTA doesn't mean anything if not backed by real assets with value. yes they do own 23% of parkson and some land but nobody really knows about the value of the other assets they have

2. earnings is definitely boosted by one-off income. look at associate profit, that's one off gain from Parkson's results. there's also RM19m other income which is not explained. take that out, then probably you can see the real earnings

3. most importantly is the shareholder intention and capability. the shareholder is in trouble for most of his business and he is not young anymore. does he have the appetite now to secure financing to privatise a cyclical business? very doubtful

Posted by Vic Lee > 2017-03-07 16:12 | Report Abuse

so misleading...obviously it contains 1 off gain from selling parkson china asset...but owner cant detect it...i stop read it once i noticed owner say ""there is not 1 off gain...hahahahhhaa"