Market panic selling today gave me the opportunity to initiate position at 23.5 cents (10% discount from its latest NTA) in this unpopular asset which has improved its NTA from 0.21 to approx 0.26. Dividend trends yoy looking really good. Total borrowings at $27.8M and total cash as of end of quarter two at $28.5M. Unpopular asset but surprisingly strong management when it comes to financial diligence. Will be monitoring its total borrowings and will not hesitate to close out the position if and when the total borrowings increases and exceeding cash balances.
huh....last post was in Oct last year? Suddenly everyone disappeared altogether? Or they were just the same team, trying to dupe innocent buyers? Biz has no surprised, unless someone wants to goreng it. It's one of the stocks never been goreng since listing.
today has better volumen. Either: 1. One day show. Besok mati liao. 2. Slowly edge up to 25c then bigger push to make it nearer to 30c. After all, this stock has not been played at all Or has not been played up for a long2 time.
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....