If next Q results are positive then it will be interesting to watch at what level next it will settle. Many companies have negative NTA but they are trading better if the results are positive. What to watch is if the PE is positive or not ?. Positive PE recovery stock always rally.
An example is the REITs NTA now. Many REITS have NTA high on almost twice the value of their stock prices. But yet of the stock are low. Why, because the important point to note is their PE. A good PE and eventual the NTA will turn positive after the revaluation of the asset. Do not write it off yet ?. The creditor agreeing to convert their debt to 4 cts par value should not be taken lightly. It is certainly something brewing for sure.
Writing off the debt off the book value will be positive for any company. You wake up on day and suddenly realized you do not owe anyone any more money. Isn't it a good thing ?. It is a start of a new life
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2938 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Siang9282
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Posted by Siang9282 > 2022-06-29 11:22 | Report Abuse
let go to travel