haba88,Thecontrarian: No need to be sarcastic.I just tried to put up a bit of my view, based on my guess on the actual reason for the transaction. Dutaland has expertise in development , and have little or no experience in agricultural management. Whatever I put on the land value is inmaterial, but , I want to share my view that , the transaction sound odd to me. For your info, I do not own any such share now and also in the future.
apolloang datuk calvin u should invite those who oppose your butaland for a helicopter ride to see the land,then push them out of the helicopter --------------------------- u got a valuable land and got buyer or not is 2 different things
tmr can gap up? i'm not sure. hints already given in last Q result's prospect commentary section, where FY2017 will perform better than FY2016, and the gain on disposal of kenny height will be materialized in this Q result.
and i dont know why nobody interested to buy this counter these few days.
if I m not not mistaken, dutalnd owns 58% of Kenny hill. Thus, sales proceeds 150m x 58%= 87m. Shoulnt this one off gain should show in the dutaland profit and loss? Can anybody help to clarify on this? many thanks!
88798 if I m not not mistaken, dutalnd owns 58% of Kenny hill. Thus, sales proceeds 150m x 58%= 87m. Shoulnt this one off gain should show in the dutaland profit and loss? Can anybody help to clarify on this? many thanks! 29/08/2017 23:36
88798
See this original announcement on 22nd April 2016 in Olympia Webside
2 purpose for the Rm150 millions asset disposal
1) To realize profit
2) To reduce borrowings.
So there is the settlement of debt.
Last round Duta Yap used land compensation of aquisition to pare down debt, So by now Dutaland is almost debt free. Next might be a Capital Repayment like Pm Corp and Rce Cap
yesterday I think insiders know they are going to post better results,that's why when wanna close 56cts many sellers also they bought, now they queue at 58.5cts to sell already
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....
secret2win
840 posts
Posted by secret2win > 2017-08-28 17:16 | Report Abuse
Lol, got creatures summore
Knn