MCT has a total of 12.6 Bil GDV from current and future development projects tat wil keep the company busy and profitable for many years to come...if its EPS can maintain around 6-8 sen per share next financial year, then this company will definitely worth around at least 60 sen per share...
No point selling now as we all know MCT has more than 400 million cash in hand, net cash position which is equivalent to 0.33-0.34 sen per share...its Cash in hand is more than its current Mkt Capitalisation
nemesis No point selling now as we all know MCT has more than 400 million cash in hand, net cash position which is equivalent to 0.33-0.34 sen per share...its Cash in hand is more than its current Mkt Capitalisation 31/03/2021 2:39 PM
I believe weeks before 4th financial result is out, directors ve been mopping up shares at cheap price, now is the time to ramp it up to reflect its true fundamental...It is very easy to ramp up this stock as Ayala Land is holding close to 75% majority stake in MCT leaving behind just estimated 25% public spread...tat 25% share which they do not own they can just take MCT private anytime...
I bought this counter since it was 0.19......... If U bought low, no need to worry. Just continue hold it. My history chart told me.....just start raising.......cobtinue hold n it will give u very good return
Sorry, latest 4th qtr result indicated that total Cash in hand increased to around 575 million after deducted total borrowings...So the current new Cash Per Share is 0.39 sen per share which is so much higher than its Market capitalisation...0.33 was last year...
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....
nemesis
3,994 posts
Posted by nemesis > 2021-03-31 05:46 | Report Abuse
MCT has a total of 12.6 Bil GDV from current and future development projects tat wil keep the company busy and profitable for many years to come...if its EPS can maintain around 6-8 sen per share next financial year, then this company will definitely worth around at least 60 sen per share...