not sure if fong siling has gone in much earlier as 2013 reports has more funds holding more than 1 mil share..hence his name may not appear even he was in already.
My guess based on what can be derived from 2014 annual report..Ng family bought back almost all shares placed out to funds in 2013 ( thats why they keep buying when fund was throwing at around $1.0,, - $1.10 in Mar).
What puzzle me was the purchase of sg buloh land..still got plenty of land bought way back in 90s not developed yet, why buy some more in 2014 where property market is soft? fund managers don't like it either. Only rationale is carey island and other existing land not in prime location, Sg buloh land (with Kwansa project in same area) may be more ready...but why now? I would hold till sg buloh project is launch and see what kind of contribution can be derived from it. All in all, still not a gem yet but I also dont think it will be a lemon..For me, by end of FY15 will be time for review whether continue to be on board or time to jump ship.
The company now wants to make use of the company cash to buy back the company shares, so that is easier for them to privatise the company. What the hell!!!
i think bad time now is the good time for Ng family to take the company private at 1.00...which the company assest worth around 3.00...if this happen...all the minority shareholders will suffer...
my guessing only... 1. privitalise & consolidate coy HIL @ 1.00 ++...to straight get the 120million cash...with only 100k needed...basically free of charge...
2. Big land at Carely Island now in focus to realise the cheap big land to cash it...
3. Big boss Dalta industries privitalise A&M & HIL ind together...with below market price...screw up the minority shareholders like us at current bad market :(
Super undervalued stock (fair value 3.06) to be explosived. Liquidity killing the price.
Motivation: The group is unlocking the value of its massive landbank of 1,938 acres in Carey Island by developing it into an integrated township — Amverton Cove with a massive gross development value (GDV) of RM10 billion with planned launches of RM738 million from 2014 to 2018.
aiyaaaaaaaaaaaaaaaaaaaaaaaa........keeping for so long and only today i sell to change to other shares. these people really know how to goreng shares. Maybe buy back later.
A&M worth 11.50!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I just read all aim the bull write up...A&M worth 11.50per share...do u believe it? of course now is not, but when it keep continue up, then maybe...hehe
market down also they dont sell down....aiiiiiiiiiiiiiiiiiiiiiii i be waiting for them to throw back to 93
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3150 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
snowbreeze
56 posts
Posted by snowbreeze > 2015-05-14 08:08 | Report Abuse
Go throw shoes at AGM