Mui so many asset and high NTA...but, we only can see and cannot take. How? Only Calvintaneng sochai dare to buy this stupid counter...KKP so stingy, I dont care your company worth 50b or 500b but minority share holder cannot benefit from it, forget about this stock.
Lets say i think this company is worth at least RM1 (realistically, its like 1.5), if they dispose assets.
That's about 500% gain. Lets say it will take 10 years. that's a CAGR of about 25-28% per year.
Or, it can just clean up itself and become profitable again, at which point everyone will be rushing to buy in. Lets say it fly to 60 sen in this case, 5 year horizon. Thats almost 300% gain in 5 years or about 35-40% CAGR in 5 years.
Calvin is one of the few value investors here. Since he prioritizes absolute gain not relative gain.
I sold out my stakes at 25sen. Ill be buying in again soon. KKP is not dumb, either way, value will be realized before he dies.
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....
calvintaneng
56,898 posts
Posted by calvintaneng > 2017-06-12 21:43 |
Post removed.Why?