Hi all, strange, I could not find Master-Pack Vietnam in the list of properties of the Annual Report. Any reason behind this? I tot Master-Pack Vietnam is 100% wholly owned by Master-Pack Berhad right?
hi, i think it is not included..becoz they excluded it.. haha may be u can read the report again and correct me if i was wrong
page 13, AR 2020
Exclusion In line with the basis of scope and consolidation above, this report does not include the subsidiary Master-Pack Vietnam Co. Ltd. and our business associate of Richmond Technology Sdn. Bhd. which was disposed off subsequent to the financial year end.
Operator controlling the stock. Accumulation at forcible low price. Main shareholder playing. It will climb towards May QR. Sell if you don't want the dividends
no need to depends on operator, it is overall market valuation, as long as fundamnetal is strong and due for rerating, it will happen when time is right. now problem is market sentiment, already more than a week that market sentiment is bad, index drop slowly but you can see everyday red stock number is more than green stock
nevertheless, I bought many strong fundemental stocks, hoping that 1 or few of these can hit privatization jackpot, it is no brainer for managements to go for privatization during such poor market valuation timing. especially those cash rich company, no need to share profit with public and suffer poor valuation anymore
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....
amateurJR
2,366 posts
Posted by amateurJR > 2021-11-17 13:45 | Report Abuse
if more than 5m really no need master bate d