Dutaland is giving you money while Mnrc is sucking your money by Rights Issue. With so many Tornadoes in USA, Floods in Japan & High Accident Claims and other unseen disasters in the world and in Malaysia Insurance business might be a casualty like LLyod of London
bro apolloang, pbv of mnrb is ard 0.42 compared to manulife's 0.7 and average of 1 internationally.
so valuation-wise, mnrb has room to go. so to me, ri of ard 1.60 without warrants looks like quite a good price. if throw in free warrants, i even more happy.
ok to be fair to both or u,i already got dutaland,but as for mnrb,i will be waiting for the or.no matter what datuk calvin said,if the price is right for me,how bad I also buy.but anyway tomoro i'll be hunting for radiant 1st for some pocket money
datuk calvin your job is posting what to buy only.....the rest is up to me to judge,i will set the time and price for me to buy and sell.now i am part timer,lazy to read the reports.....hehe
....hotel could cost another around rm400mil only n by then the hotel value could come close to rm900mil...extra rm300mi+l cash (about 37cent per share) to distribute to share holder
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....
apolloang
18,163 posts
Posted by apolloang > 2018-07-23 17:28 | Report Abuse
the only conman here is danny,never recommend people anything to buy