LoL..... Current NTA of Boustead at Rm2.14. And ASSETS have NOT been re-valued to Current prices. Ie :- Affin Bank, BPlant, etc . Their LAND and Buildings are in PRIME locations in KL, Penang, Ipoh , etc. have also NOT being revalued. Remember that LTAT controls most of Boustead Shares ( Plus Govn GLCs ) .... Which are political control ( DUMNO, etc ). So ..... Politics are PLAY more than Fundamentals.
LTAT hold around 59% KWAP 9%, institutional 5%, Funds 5 %, Tan Sri Lodin 2%, public spread balance app. 20%. Just a rough estimate on Bstead share spread
Jonathan Keung LTAT can just buy up 9% from KWAP, 5% from Glic , 5% open market and 2% from Lodin = 59+9+5+5+2 already owned 80% . Not an issue for LTAT 22/01/2021 7:03 AM
Please take note Karex coz Biden join WHO again...means will pump in $$$ ..as we know karex this few year sales drop coz of Trump cut budget..means WHO will buy condom from Karex condom again to give poor country
Bstead big funds manager still negotiating { or waiting } for the price announcement. Believed their entry points much higher. remember Bstead is previously a dividend play stock. Last 12-15 months Bstead trading at a much higher price level above 1.20+. NTA is at 1.85
Have been HOLDING boustead for 6 months already. What is another 6 months ? And waht to do with $$$ after cashing out ? Put into FD ??? ( Are u CRAZY ??) LoL ...............
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....
hng33
20,328 posts
Posted by hng33 > 2021-01-21 10:09 | Report Abuse
sold back all bsd at 78.5-79sen