Melbourne project seem to be Less affected by Covid. More stable than Malaysia property market which i think will be badly affected by Indian Variant. Buy only fully built Houses, i know many developers are close to disappear in Mid-Air
what is the rule for interest party to take this public company private? 80% or 90% majority vote or what? And what happen to the small shareholders that do not agree with the offer price and does not want to sell to the party?
Those sold earlier (~1.00) may find opportunity to buy back now .... i think many veteran know the "character" of this stock. Those new comers that found this gem recently, may realize the experience that the veteran went through 2yrs, 3yrs, 5yrs, 10yrs .... ago :-)
Surprisingly that so far the boards didn't intend to buy back the stocks at such a price as it is like equal to FOC of the value to the companies. what the purpose of the buy back program as been approved by shareholders?
mr. ong always keep the valuation excellent (from every angle), so that investors can find gem and cheerful ..... mr. ong is a very kind and generous person, always provide opportunity for investors !!
I quite sure OLH will divest RHB when its price Hit 7.25 ( most likely next year or so.) and used the proceed to Buy a Digital Bank ( become CEO). Both OLH and Sister are training Directors in RHB for more than a Year now
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....