PELIKAN looking good for investment...Good prospect
+ The worst time may be over for this STRONG BRAND company, which was established 180 years ago.
+ Entry of new major shareholder, IKHLAS CAPITAL an ASEAN focused PE fund which DS Nazir Razak is a partner with other prominent people like the former CIMB Banker, former Trade Minister of Indonesia and Philippines's former secretary of Finance and also Malaysia's ex-Ambassador to China.
+ The PP injected new capital for expansion, especially in China and Asean region & to reduce borrowings
+ Leverage on new management team for business transformation and expansion in ASEAN countries - there was a major change in leadership – appointment of 4 new directors from IKHLAS Capital (including a new chairperson)
+ Profitable company
+ Stock price bottomed & rebounding – TA Bullish
CONS: - No dividend - Current margin is low - Debts on a high side
ku ada margin account tapi tak pakai sebab ku nampak susah nak buat duit dalam market macam ini, ku pakai cash beli haritu, pasal limited cash nak beli binacom ku jual pelikan dulu, kesal tak juga sebab dah buat duit kat pelikan, tapi in near future ku consider beli pelikan balik sudah pulok jalan laju kikiki
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....
thesteward
6,782 posts
Posted by thesteward > 2020-01-13 12:20 | Report Abuse
Alerted. On 30/12 at 29 Sen see post
Gogo pelikan