holding abundant of cash but refuse to distribute higher dividend even there is no foreseeable business expansion means a poor management.. some may argue that it is prudent but it is poor choice for investor. None of the management has substantial shareholding of the company so how the share price is doing is certainly not a concern of this team. The company is not even repurchasing the company shares with its excessive cash, the score card for the company is probably at the lower 40 from investment perspective... Target price RM 1.00
if property is not oversupply. do you think you can get plenitu at 1.64? u can't even get at rm3. You think youre seeing things other people cannot see? beep...your email wrong again no wonder you always lose money. dumbass
nta is RM3.98 and those land was purchase when 2000-2009. average about RM6psf. now worth more than RM30-50psf. do the math yourself. how much plenitude actual worth now. this stock need patient a lot patient could be years but for sure patient will get reward.
To generate value during this period of property downturn, M&A is the only answer. As for buying in to wait for recovery, no point waste you time. Put your money in Uptrending counters.
"Time Value of Money", every day wasted in not generating returns on your funds is losing it to inflation.
3 -5 more years if want to wait patiently.. afterall Warren Buffet will hold the shares he bought at least 10 years.. oh but Plenitude did not fit into his criteria in the first place... why keep.
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR PLENITUDE BERHAD ("PLENITUDE" OR "THE COMPANY") - MEMBERS' VOLUNTARY WINDING UP OF PNT MATERIALS TRADING SDN BHD, A WHOLLY-OWNED SUB-SUBSIDIARY OF THE COMPANY PLENITUDE BERHAD http://www.bursamalaysia.com/market/listed-companies/company-announcements/5764021
Every town full of unsold houses? Tomorrow 9.00 am pls sell.
Posted by qqq3 > Aug 26, 2018 01:09 PM | Report Abuse
i3 in particular is just dominated by this....
man to fit the environment or environment to fit the man.....
if you are KYY....with KYY record, confidence, bullets, attitude towards risk, money and wealth, worth hundreds of millions, what is a few million here and there?
its nothing.....if you are widow with fixed allowance, money has a different meaning.....your attitude towards risk, money and weath is very different from KYY one.
KYY has no hesitation in changing the environment to fit the man....KYY has the confidence and the bullets to change reality. ....The only problem is....how many of us are KYY?
That is why we hunt in the middle, eating left over grass.....KYY hunts in the edges, eats fresh grass ....feast or famine......even if famine , KYY still has his abalone ......what people say, several generations no worry.....
Chicken , play with nuts , scared scared..... cannot expect to have super investor returns......facts of life....
What has changed in steel industry from March to now? Nothing....except KYY is in, in March KYY was not in.....recall in March, KYY says with every town full of unsold houses, steel shares cannot buy one.....
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....
frankco
195 posts
Posted by frankco > 2017-11-27 23:42 | Report Abuse
holding abundant of cash but refuse to distribute higher dividend even there is no foreseeable business expansion means a poor management.. some may argue that it is prudent but it is poor choice for investor. None of the management has substantial shareholding of the company so how the share price is doing is certainly not a concern of this team. The company is not even repurchasing the company shares with its excessive cash, the score card for the company is probably at the lower 40 from investment perspective... Target price RM 1.00