Cobby, It will be consolidate for a while before moving up again... its looks steady and slow...but ride with it. I think the real rally not yet even start!
I screen the stock manually...saw it going for breakout with potential on Oct.
CEPCO is their largest shareholder and if they want to privatise at RM1.20, they can my shares.NTA is about RM1.50 from memory, with over RM200 million in cash.
Share buy back today of nearly 1 million shares, making a total of 6.75 million in 1 week.Plus Ng Ah Chai buying last month and he now has 9% of Inch Kenneth.
Congrate all who have holding...don't sell but keep! this boat is stable one ..hahahaha...... but I not in the boat but instead choosing a roller coaster ride... :-p
valuable lands banks at kajang and bangi area. kajang & bangi last valuation done 12-15 years ago. carrying cost extremely cheap at their book levels.properties around kajang have moved up in value. look at SP SETia valuations.
ng ah chai now accumulated a total of 42,164,000 shares , representing 10.02 % of the Paid Up Capital . We do not know how high it still can move up . As far as share-investment is concerned , if we feel that our "mission " is accomplished n sucessful , so...take profit and take a rest ,let other investors / speculators take over the " fire-bar " before we get " burn " !
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Posted by nissansunny123 > 2012-12-04 12:02 | Report Abuse
coming up trend