Posted by TheGardener > Aug 15, 2018 05:06 PM | Report Abuse Asset profit is one off. Long term profit is big question. Special dividend 10 cents I dont think so.
what i see probably is the market maker dono where to push.....push up seller coming kaw kaw...push down further buyer coming also kaw kaw 16/08/2018 17:20
"The disposal of the plantation asserts has been completed on 16 May 2018, with the receipt of the balance sum of RM675.0 million. The directors are evaluating options to utilize the fund to enhance shareholders’ value. The future prospects of the group is expected to be stable." - extract from 31 March QR.
announcement about money $675 million already bank-in on 16 May 2018 (3 months ago) and in fact, this has been reported in previous QR... i think current price 0.55 already consider this money. Before that Duta was only at 47 - 48 cents. Price olready appreciate 15%. Otherwise buta buta people will grab the opportunity to buy this share while still at 55 cent, IF they thought price will move up 10 cents at the end of this month.
IB and FM out there no buta buta one, they are very expert in things like this and must have known the true value of this counter...which is at 55 or less..
datuk calvin even ur EG went pass butaland by a mile now? EG u buy a few lots one up but butaland u bought a lot one sleeping? not like me sailing MI up a lot,butaland I didn't own a lot also.....hehe
Let's Go!! Dutaland (By Calvin Tan Research) Author: calvintaneng | Publish date: Fri, 23 Dec 2016, 03:27 PM
Hi guys!
Bplant got Rm500 million or 33 cts cash coming.
Dutaland also got Rm150 million coming. About 17 cts a share cash.
So Bplant at Rm1.60 with 33 cts cash. Dutaland at 39.5 cts with 17 cash on the way.
By percentage Dutaland offers better value!
Accumulated losses must first be written off by par value reduction like what Pm Corp did.
Then only can give capital distribution from sale of assets.
Both Pm Corp & RceCap went through par value reduction & gave back cash payout.
These are the positive factors for Dutaland.
1) Duta Yap has been buying & buying. 2) Top 30 shareholders now holding almost 80% of Dutaland shares. Only 20% left in free float 3) Among top 30 holders are Lim Pei Tiam & Genting Boss. 4) Dutaland is almost debt free. 5) Sale of Kenny Hill lands will bring in Rm150 million cash or 17 cts a share 6) Next quarter & next year will show positive results from Oil Palm harvest 7) At 39.5 cts it is selling at over 60% discount to NTA. Big margin of safety. 8) Dutaland is now the most discounted Oil Palm stocks of all.
So Calvin Tan Research calls for a buy on Dutaland at 39.5 cts.
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 > 2018-08-14 23:07 | Report Abuse
Olympia sale is only 50 mil the stock is 13cts butaland is 750 mil 15 times more. so 0.13X15=RM 1.95,apa ini butaland only 56cts? no fundamentals ar?