After writing off intangible assets still got NA RM 1.54.
TheContrarian Parkson it's NA not NTA. There's huge intangible assets in Parkson which is worthless today. 24/08/2017 15:58
JuniorR PRA made accounting losses. Parkson bhd has NTA of RM2.34. Even after minus Intangible assets, NTA is RM1.54 thereabouts. Parkson Bhd sold products worth RM12,037,479,000 in 2016. Now its market cap is RM581,000,000. For comparison, Oldtown Bhd has an NTA of RM0.82 sold products & services worth RM393,406,208 in 2016. Now its market cap is RM1,288,000,000. That is Parkson sold 30.6x more goods & services than Oldtown but is worth almost half of Oldtown. Even if Parkson Bhd is making losses, can its shares be worth nothing? Thats like saying you can get free food from a shop just cause it doesnt taste as good as you would like it. 24/08/2017 13:38
tun @calvintaneng has been promoting dutaland since 2014!!!!
and that is when dutaland is at the 45c level.
Posted by calvintaneng > Jan 15, 2014 09:33 AM | Report Abuse
Stock 168,
I visited KL recently and discovered 2 things. As usual I saw many many cars in KL. So I parked the car and took taxi in KL. I asked the cab driver, "Where is the most convenient place to live in KL where you think you can move in and out freely?" He replied, "Mont Kiara." Immediately DUTALAND came to my mind.
Dutaland has high NTA, defensive oil palm lands, a future Tourism Business in Hotel Grand Duta & prime land in Mt Kiara. Now with Duta Yap buying a further 168 Mil shares I think something might be brewing here soon.
Plus the Market has discovered Brem undervalued assets & CHHB also went limit up recently. I think it is only a matter of time before others discover laggard Dutaland as a deep value asset play.
Best Regards,
Calvin Tan from PM Corp & MUI Berhad forums
Note: The 2nd thing I discovered is the increasingly bright prospects of SILK Holdings. Silk will benefit from the growth of Kajang just like Litrak benefited from the Property Boom in Puchong
Posted by calvintaneng > Feb 11, 2014 10:10 PM | Report Abuse
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 > 2017-08-24 14:46 | Report Abuse
1.80 tak boleh lah not realistic price for now maybe a few years I dunno lah. 80cts maybe can lah