Currently i just don't see what is so appealing about this company. It has consistently underperform for its investors. However in terms of technical, it does show a bull pattern ( not an expert here). But without any fundamental financials backing, the stock could turn south pretty quickly.
Maybe those that bought this stock could shed some light on the prospect of this company. Appreciate your input.
This stock is also undervalue and if revalue their land simple reason the land value of their land bank if calculated at RM20.00 per square feet just imagine what should be the price of this stock.I am very conservative even though I believe it is more then RM20.00 per square feet.if you have holding power just buy and keep.
Pahang state government even $40mil oso dun have... So sad... They are willing to cheap sell their stake in Pasdec to acquire a 12 unit office to earn RM2.1mil. What kind of fxxk decision form these board directors?
No wonder the company keep make loss of money because of these kind of management.
Someone use 40m to get 3000 acre land bank. Now they push the price down to further increase their shareholding. Good strategy!! And good government !!
If ecrl proceeds Pasdec will be beneficiary . Anyway NTA is above rm1.12. Likely for ecrl to proceed. My 2 sen. At .47 still value buy vs a vs its NTA.
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Posted by Kim > 2016-04-30 01:04 | Report Abuse
Lets we gain on next :
http://klse.i3investor.com/blogs/kimstockwatchfajar/95720.jsp