Bought at 0.20 and looks a good bargain with Khazanah major holder and deep discount to NAV 1.33. Anyone knows why the recent plunge in price? Due to their high debt?
Stock is grossly oversold. It has dropped from 0.29 to 0.19 within 4 short weeks. Fundamentally stock is sound with NTA of 1.33 and reported half year profit of 40.2 million. Rebound is imminent. Imediate resistance is 0.24
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....
mikeann
826 posts
Posted by mikeann > 2022-10-07 19:36 | Report Abuse
GOOD NEWS FOR PROPERTY COUNTERS
https://www.theedgemarkets.com/article/stamp-duty-remission-increases-75-properties-priced-rm500000-rm1-mil