Tis is surely Malton strategy to avoid Right Issue n to reduce its huge borrowings via asset disposal while at the same time maintain 51% ownership of the Pavilion Mall...Very Good management...
Now tat Desmond Lim n Qatar Investment Authority are injecting huge funds into tis Pavillion Bukit Jalil Mall project, we can be sure Malton's balance sheet is strengthen as the fear of Right Issue is gone...the only things we can expect fm Malton next is UPSIDE!!!
My thinking is that this will greatly reduce the financing cost for the company, but the structure of the JV with Qatar is somewhat complex for the average investor to comprehend, hence the lag in the price performance.
As long as Qatar Investment Authority is onboard, we can expect a full assurance that Pavillion 2 Bukit Jalil will be a major success...As long as Right Issue is avoided, we can be sure Malton is fully undervalued n back to radar screen soon...Malton is expected to rake in around 20 mil net gain fm tis cash injection exercise n tis should also boost its coming quarterly fin result...
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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
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Posted by nemesis > 2019-05-28 22:32 | Report Abuse
Tis is surely Malton strategy to avoid Right Issue n to reduce its huge borrowings via asset disposal while at the same time maintain 51% ownership of the Pavilion Mall...Very Good management...