Ireka Corp Bhd posted sharply higher net profit of RM27.98 million for the first financial quarter ended June 30, 2016 (1QFY17), boosted by the gain on the sale of Aloft KL Sentral Hotel by its UK-listed associate company Aseana Properties Ltd.
Ireka 23% equity stake in ASEANA will get back capital distribution of USD38m(MYR 158m),that mean 0.92 per share , now share price 0.655 that mean undervalue ,buy buy cheap sales
Can't believe that after being stuck in this share @ 65.5c average last year chasing the dividend, I am now in the black(profitable) on this counter :D
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 2944 views | 2 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....
Jolin Lai Chi Pet
1,452 posts
Posted by Jolin Lai Chi Pet > 2016-03-03 19:21 | Report Abuse
will rise in next 5 years......................