Paying $0.01 when cash per share is $0.60? The Yap fellow is too cunning and ungrateful to the minorities who have suffered huge capital loss for years . Of course he will keep it minimum to keep share price as low as possible for buybacks and eventual cheap privatisation! Ruthless!
Agreed. It’s a matter of when Duta Yap is going to take it private. It may be sooner than later amid extremely poor market sentiment which may make thing easier for him .
For many years the ROE of this company was hovering around the zero. From a fundamental perspective why would you want to invest when you have better Bursa plantation companies https://www.youtube.com/watch?v=9KhboTCMdEg
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....
thesteward
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Posted by thesteward > 2021-06-21 10:45 | Report Abuse
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