You look at their landbank, super huge at super cheap cost. They are developing some to sell.
Look at their major japanese partners, if their prospect is not there, these japanese partners will not be there.
Attended the AGM, they have many phases of development, paper, tissue, waste, etc etc etc etc eyc etc. too much to remember.
Recently Kenanga Investor took a huge private placement as per announcement. They probably have studied their prospect.
Major shareholder is buying.
They have written down tens of millions due to accounting standard. Once their manufacturing started commercialised, they can write back.
All are just beginning.
I also waited so long, delayed. Gave up. But think again, now is nearer to the company making profit than when i first bought.
I agree that can sell and buy back later at cheaper cost, but who can time the market? Is rm0.60 the highest? Will it drop later? If yes, at what price do i need to buy back? Unknown. So better just keep.
Spartann, is too early to discuss on TP since we have nothing to calculate now. Just depend how you trust and confident for this big big project. But for sure is not below RM2.
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GorengHealthcare
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Posted by GorengHealthcare > 2021-03-17 09:57 | Report Abuse
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