Seriously don't understand why so low at 0.365 also can be approved. Now we minority shareholders have to suffer losses cos most of us bought in at a much higher price and have to accept it. whether we like it or not The price offered is so so unreasonable. If only we have more companies like MMC which is much more generous in their offering.
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....
Nepo
3,423 posts
Posted by Nepo > 2021-04-08 12:23 | Report Abuse
Thanks Calvin for sharing
For Pelangi, I was wondering how to get NTA 5 per share for the land & building base on the current market price
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Quote:-
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-20-story-h1538310041-THE_ART_OF_HIDING_VALUE_BY_FGV_5222_PELANGI_PUBLISHING_CO_7190_As_Expos.jsp
''JALAN PINGGAI IS WHERE MY JOHOR FRIEND GOT TWO 3 STOREY SHOP HOUSES
KING SURF & FEW DOORS INIFINITY INTERNET LAN GAME SHOP
WHAT ARE THE PRICES NOW
Sale RM 2,350,000
3sty shoplot@taman pelangi johor bahru, Johor Bahru
jalan pingai taman pelangi , Johor https://klse.i3investor.com/jsp/blog/blpost.jsp?blid=2222&blpid=443480
SO PELANGI PUBLISHING 3 UNITS (YES 3 UNITS SIDE BY SIDE NOT ONE) OF SHOPHOUES SHOULD BE UP BY MORE THAN 1,500% PER UNIT IF REVALUED
IS THE NTA OF PELANGI PUBLISHING HOUSE WORTH ONLY 92 SEN?
OF COURSE NOT!!!
IT SHOULD BE ANYWHERE FROM RM5.00 OR MORE
SO ARE THEY ONLY GIVING SHAREHOLDERS A MERE 10% TO TAKE COMPANY PRIVATE?
WILL SC PLEASE LOOK INTO THIS?''