year end target for menang is RM2. Menang-wb should be at RM1.30 if given a RM0.3 premium. Menang is undervalued even at RM2. Got cash cow from UITM campuses and also 460 acres of land in seremban. Also their land in klang might be a potential target from West Coast Expressway as it has to cut through their land
the premium close to 40cents!!!!!!!!!!!!!!!1 it is a trap/opportunity to buy the mother, really weird, maybe this is the share market sometime it is just crazy and too rational thinker can make money.
i dont like the mother because it is costly and they do not plan to pay any div for at least three years due to the heavy borrowings so if the son below 40cents i will go in but not now.
seems like investors are very confident with the mother. to pay such premium for son. Anyway, its a 5 years warrant. Not really a time to worry about premium, yet.
By the way, please look at my 16/7/2014 comment. IFCAMSC. Today is 31 July 2014.Compare the price then and now. I believe I have rewarded Menang shareholders, based on the comments here. Play smart, play good.
RSI at 48% now, bearish mode, well supported at 1.10. Keep for long term, directors no active selling, Its just a normal sell down. If wana buy, key at 1.10
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....
jtpc2006
984 posts
Posted by jtpc2006 > 2014-07-18 11:29 | Report Abuse
Definitely holding on to mother Menang, already disposed warrants yesterday.