Extract from Alex Lu: Looking back, we could have said that Adventa at RM1.92-1.93 was fairly attractive as it has a cash backing of RM2.10 [from the sale of its rubber glove business] plus the Excluded Business consisting of Sun Healthcare (M) S.B. and Electron Beam S.B. After the payout of RM1.70 per share, Adventa would have a cash backing of RM0.40 per share & the Excluded Business consisting of Sun Healthcare (M) S.B. and Electron Beam S.B.
sales soured 156%, continued ops eps up 1 fold, 40m cash in hand, 14m total borrowing only. looking good for sustainable health biz with decent div, unless otherwise adventa should be out of pn17 soon enough; which currently still trade under its NTA :)
@tony, if not mistaken, long ago when v shared comment, u said u will look into its financial report... if u compare yr finding since then to the latest one, that should give u a good idea already... all the best bro!
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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....
tonylim
4,796 posts
Posted by tonylim > 2013-05-06 17:05 | Report Abuse
yes. sure