Only companies with very high NTA and cash and cash equivalent can do this kind of scheme
INSAS is a very good example
Certain INSAS's director has a special talent in arranging this kind of scheme to realise the high NTA value of the company in the hands of the shareholders
Payment of your principal plus interest is secured by a piece of property
Interest at 6.5% per annum
In the meantime Tan Sri is brewing something that capitalizes on Puncak's strong Balance Sheet and cash position so that Puncak' high NTA valie is at least partially realized in the hand of shareholders
potential beneficiary of the RM4 bil contract as it would be split up into multiple packages
puncak has the smallest market capitalisation among water treatment companies, and if they receive a package from that tender, this stock will move significantly
if the concern is on the high debt, it is secured with their concession project bought from TRIplc - the fixed cashflow from the concession project is more than sufficient to cover for the principal and interest repayment
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....
Bursatrador
483 posts
Posted by Bursatrador > 2020-12-24 16:24 | Report Abuse
LOL CUT LOST buy and sell lose trans fee happy?