speakup, i just check 2013 annual report, net cash value is 266m(150m is come from selling plantation land), divide by 126.7m share net cash value should be higher than rm2 on that time.
REDTONE INTERNATIONAL BERHAD (“REDTONE” or “THE COMPANY”) LETTER OF AWARD TO BUILD, OPERATE AND MAINTAIN RADIO ACCESS NETWORK INFRASTRUCTURE IN RURAL AREAS IN SARAWAK AND JOHOR AS PART OF MALAYSIAN COMMUNICATIONS AND MULTIMEDIA COMMISSION’S TIME 3 EXTENSION PROGRAMME
1) WEIDA Will Benefit From The 11th Malaysia Plan & The Coming East Malaysian Election of Year 2016. This Will Be The Final 5 Year Push into VISION 2020.
2) As The Imminent Announcement will most probably be 10th June 2015 there is still time to collect SARAWAK ELECTION THEME STOCKS LIKE WEIDA. Others are CMSB, NAIM, KKB, EDEN & KARAMBUNAI CORP.
3) WEIDA Is Involved with water storage tanks & distribution of water. The Urgency to link up all homes in Sabah & Sarawak with clean pipe water augurs well for WEIDA.
4) With The Crash of Oil Price WEIDA Will benefit from cheaper polyethylene. This will inflate the profit of WEIDA.
5) WEIDA Also Ventured Into Condo Contruction Sale in Ara Damansara. The Overwhelming sales' profit will show up the WEIDA's Account Book soon.
6) WEIDA Also Rent Facilities for Celcom, Digi & Maxis Telecommunicatio Towers & Waste Water Works. This regular stable income guarantees a bond like nature for WEIDA. That's why Tabung Haji is loading up on WEIDA.
7) SARAWAK & SABAH Are The "Fixed Deposit" States of Barisan National. And it is getting more crucial for BN As Pakatan Made Inroads into Kelantan, Penang, Selangor, Perlis, Perak & other strongholds of BN. This 5 Year Plan Will See A Lion Share of Investment Projects for Sabah & Sarawak Related Stocks.
After all having Good Roads, Schools, Street lightings & fresh piped water will win the hearts of all Voters in Sabah & Sarawak.
You are very smart to buy Weida while it is still cheap. I
For Kheesan I think LPT cash infusion has pushed it up. He did the same with Pohuat & Super. I saw Dr Yu pushing up Mui Prop, Mui Bhd & PM Hld - then Imaspro Also Eastspring buying up BJ Auto And Yeoman buying PPG
For Weida Tabung Haji has been accumulating.
Yesterday I went through the write up by Dynaquest on Weida.
These are the findings:
1) Weida's NTA is RM2.42 with Liquid assets of RM1.94 2) Pure Net Cash is already 85 cents. 3) The Profits from Sale of Ara Damansara Condo yet to be factored in. 4) Weida is dealing with Plastic Products just like Super Enterprize. So Its profit will increase substantially with the crash of crude oil. 5) And Sarawak Govt is also requesting another RM480 millions for development among them is for clean water for Sarawak Interior. And Weida will be among the main beneficiary. 6) As Market has chased up Cmsb, Kkb & Naim and neglected Kbunai & Weida especially it is an opportunity to load up more laggard shares like Weida.
Just read Theedgedaily. It highlighted kkb. No wonder kkb run up today. Since Weida is still overlooked just continue to add more Weida quietly. Weida's turn will come.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3224 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
rongzhou
48 posts
Posted by rongzhou > 2014-10-06 09:44 | Report Abuse
speakup, i just check 2013 annual report, net cash value is 266m(150m is come from selling plantation land), divide by 126.7m share net cash value should be higher than rm2 on that time.