Posted by nicenice > Nov 14, 2016 08:44 PM | Report Abuse
calvin , in January you wrote that Dutalnd is expected to grow more than 200 percent......at that time the share price was 0.47.....now in November , share price is 0.395..........still bullish.....?
nicenice,
I am still bullish on Dutaland as Duta Yap just bought another 16 mil Dutaland shares I think, from 42 to 43 cts a piece.
At 39.5 cts we are buying cheaper than him.
Dutaland's Salient Factors:
Of all plantation companies Dutaland only got a very small borrowing of about Rm2 millions
Its assets have grown to over Rm900 millions.
Also 29,000 acres of Oil Palm lands should yield good harvest soon.
Grand Duta Hotel is among the last to be approved in KL. It is a 6 STAR HOTEL. So it won't be affected by Airbnb which will impact middle & lower range hotels only.
From all fundamental Dutaland at 39.5 cts is an outright buy.
2 prominent shareholders are in Top 30
1) Lim Pei Tiam 2) Lim Kok Tay of Genting
10bagger10 354 posts Posted by 10bagger10 > Nov 14, 2016 08:46 PM | Report Abuse
Calvin sifu, complet good bo?
Complete Logistic is ok lah. It should also benefit from ECommerce
One day Dutaland might be taken private at 24 sen just like Petaling Tin or worse at 5 sen like Karambunai because deliberately reporting losses every quarter.
Posted by newbird33 > Nov 19, 2016 04:57 PM | Report Abuse
To Calvintaneng :"Could this be the reason why every time Duta Yap accumulates he sapu 16 million shares at one go?"
As his shareholding is between 33% and 50%, his is allowed to buy not exceeding 2% every 6 months to avoid triggering a general offer.
Calvin replies:
I think Duta Yap sees deep value in Dutaland but don't want to buy and push up the price. As his shareholding is low he is afraid of corporate raiders. So now his shareholding is almost 50%. I think he will continue to accumulate more to cross the 50% mark soon.
All Oil Palm counters are reporting better profits. Let's see by End Nov how result of Dutaland will be.
Meanwhile, I hope to buy more is prices are depressed.
Once a high flier. After so many yrs of stagnation,i believe it will move soon.Historical high during yr 1994 (super boom),it touched Rm 60/share.So now we buy is just a chicken feed mah!
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....
jenabchen123
1,219 posts
Posted by jenabchen123 > 2016-04-27 22:57 | Report Abuse
Itchy itchy kasi hantam......