Albukhary , it could be 22-55-77-132 the Mabel Fibonacci sequence. The RM 1.32 can happen if they can succeed to sell the 93.75%-owned PT Rafi Kamajaya Abadi (RKA) and 95%-owned PTA Sawit Rezki Abadi (SRA) for more than USD50mil in near future , due to improving CPO price. The earlier failed deal may seemed negative but actually it could be a blessing in disguise if the CPO price goes up and up
Mickey, the court case lost is a sub sub the water issue for TDM. Small financial lost, can still appeal too. The aborted asset disposal of Indo plantation for USD 50m is a blessing in disguise. With improving CPO price going up and up, TDM may be able to sell much more than USD 50m. Bcos at the point of the earlier deal since last year CPO was only ard RM 2k. Later at RM 3k and above, they can potentially sell ard USD 75-100m. Good CPO price couple with 4 hospitals for implementing Covid19 vaccinations, TDM will fly.....25-55-85-115
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Posted by GoldenHarvest1 > 2020-08-06 20:18 |
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