Cash rich HSplant is a likely privatization candidate by the Holding company. Cash pile will continue to increase amid bullish CPO outlook returning. TP $3.50
Promoters always said Hsplant is a good company and cash rich, but the share price drops far below NTA. If the dividend is not attractive, what is the point of investing.
Kenanga once gave the target price 2.30. Now revise the target price to 1.80 silently. All these IB simply give target price using their gut feeling, where are the professionalism and credibility. Haha.
U.S. stocks are falling on interest rate and government shutdown fears Stock Markets Investing.com -- U.S. stocks were falling early Tuesday, adding to losses for the month as investors worried about interest rates...
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....
loneranger
325 posts
Posted by loneranger > 2023-05-26 12:49 | Report Abuse
Even privatization, it does not benefit shareholders.