Warren buffett didn't give dividends but he did the things to make sure share prices always go up or bershire always buying more companies ...at least he did something for shareholders..he bought back shares recently. What did you do..mnrb? for shareholders. share price didn;'t up, dividends majam nothing, no sharebuy backs when prices are depressed. nothing for shareholders..company policy making something wrong.
it is not a laggard counter. it is good- for- noting to shareholders counter. time is life or life is time...if the counter accumulate cash i mean a lot of cash it is a laggard counter. this one no cash at all.
This one no cash you privatize mati yourself...see last time ask you to buy shares for 90 cents and after that share price drop to 36 cent per share also no sharebuy back..why no shit at all.
TheContrarian, I see you are in MNRB. I am keen to park some money here . What’s your thoughts on this seemingly highly undervalued stock? What’s the good strategy?
Last week bought some MNRB at 89 sen. I feel there's not much downside at this level and there's vast upside potential. Imagine if PNB decides to take this laggard private. As a contrarian I am always collecting highly undervalued laggards. I believe that every laggard will have its day.
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....
Superb99
6,611 posts
Posted by Superb99 > 2020-11-11 22:54 | Report Abuse
Still weak, need more booster