reentered at RM1.10 today, last ride sold all at RM1.28. QR / fundemental perception & future prospects are good this round. safe to ride until next the QR result release
not sure who's disposing, could be the brothers and sisters, since Taib's family is known to be top shareholder in CMSB, but considering the profitability in a nut shell, CMSB seems to be struggling. hopefully, no new court cases anytime soon.
not sure if you guys know about Sacofa, runs by Ragad's son. hahah and it turns out to be complete circus. if Ragad wins over CMSB management, expect a second circus outlet open.
CMSB shareholding: Majaharta. 12.55% Lejla Taib (deceased) 10.33 Lembaga Tabung Haji. 7.34 Swak Econ Dev Corp. 5.67 EPF 3.79 -------- 39.63% Sulaiman legal actions against his step mother were related to the transfer of shares of a private company. Nothing to do with CMSB.
haha so funny trying to cause fear at this time to collect more. we all know anyone can die anytime regardless of their age, no body buy a stock without assuming that this kind of risk always involved
No worries, CMSB phosphate complex will get their licences n start commercial production soon. Then price will uptrend n fly. The total investment for the first phase is about RM898m, funded via shareholder’s equity and long-term loans. The entire complex when completed will have an annual production capacity of 500,000 MT of food, feed, and fertiliser phosphate additives, 100,000 MT of ammonia, and 900,000 MT of coke.
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Posted by ivanlau > 2023-05-23 14:38 | Report Abuse
If based on forward eps 16x average 12pe, the fair value should be rm 1.90 .....