recent compensation of 70m from land acquire from govt, 140m from liongroup, and another 830m from "potential" sale of palm oil.
dutaland will be sitting on cash of more than rm1.0 billion. that is rm1.20 per share not including other assets not re-valued, easily rm3.00 per share.
dutayap will allow such at big frog jumping in the street for a song? 65c? u donno him lo.
Warren Buffet of Berkshire Hathaway made 25% yearly
Peter Lynch of Magellan Fund made 39% yearly
At 47.7% You All Have Beaten 2 World Champion Funds in less than a year!
HOORAY!
Calvin's Target Price Was RM70.
NTA RM1.00 - 30% Discount = 70 Cents.
So Upside from here is limited. I suggest that you don't chase Dutaland any more. You should sell and take profit & go search for Another Laggard Counter Like DUTALAND When It was unloved and unwanted when it was 45 cents.
NOTE
CALVIN CALL FOR A BUY ON SILK AT 40 CENTS
WHEN SILK DOUBLED IN PRICE TO 80 CENTS CALVIN CALL FOR A SELL.
BUT SILK STILL POWERED UP TO CROSS RM1.20 - The C R A S H BACK TO Near 80 Cents!
optimuss multiple resistance at 60c over last 5 years. once broken. it would be very powerful. from reliable source a tansri is very keen to buy the palm oil land at 73k per acres, total 12,000 acres. 880 million cash. i know bcos a fren of mine trying to b the broker. wakakakaka.
plantation worth 880m, kenny height worth 1 billion easily, plus others. mkt cap 500m, looks like a no brainer to privatised it like farlim.
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....
esegaban
1,311 posts
Posted by esegaban > 2014-09-13 17:17 | Report Abuse
very strong suport at 60# bro...