I bought in coz my broker told me that there are possibility of a privatisation. but anyhow, as pradeep said, it's still fundamentally strong. buy and keep.
At one time juggernault you said it could fly soon now you say sell when you see profit? I think now I better take profit, many of them purchase at 0.15 small flyers cant take profit but the big boys can or may be there is a distribution of the shares that is why it touch 0.18. now I am confuse.
Fr 0.15to0.18...how many % edi??? Is it fly??? Dont expect it ll fly like tiger la bro. 3 cents in a penny stock is a lot edi. Do not too greedy considering markey now isnt so good.
Funny counter. Good fundamentals but price is ridiculously low @ 27cts. NTA about RM1.00 and cash rich with about RM1 billion, Hard to find in KLSE. PE is also single digit below 5. Dividend payment of 1.6 cents gives a yield of 6% plus. If I dont make money from this counter, something must have gone wrong.
Lim, are you talking the right counter. The price is only 16.5 sen (not 27). it's NTA is only 15 sen (not RM1) and it's cash only 5 million not 1 billion. Why did you get your numbers ?
Based upon valuation is 0.15c x 2 = 30c, look at Ace counters the pattern are even higher. I like with many sellers, they will be taken up by just one click!!
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theews82
1,895 posts
Posted by theews82 > 2011-12-29 10:45 | Report Abuse
this counter going to fly soon