If property stock going to go down than klse also will do. Any if this time go down will be worse than 1997/1998 crisis. due to our household high debt
IGB already cancel its treasury stock about 9% late last year and restart share buyback again. IGB upcoming Q4 result will improve further to account for positive impact on these treasury cancellation effect and due to declare another final dividend at least 7.5sen.
Hard to say. Public Bank valuation is based on land bank value, but land is worthless unless developed and sold. So it's probably worth more than its current price, but it could take years for its price to appreciate to its fundamental value.
IGB will remain listing status. Therefore, it is unlikely Goldis will revise offer price as it main purpose just to boost it control stake from 30% to 51% in IGB, turning it from associate to subsidiary. In which Golids is able to consolidate account IGB profit in Godis financial result
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darkcursed
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Posted by darkcursed > 2012-11-01 23:03 | Report Abuse
i been holding this share thru their buyback,EPF disposal period of time for a month plus ad.when it is gonna up properly wei.