I just buy lo some, my thinking is that, if I bought 10k shares, and the shares price drop 5 sen my papwr lost is just 500, just think how huge paper lost for the bosses having millions and those with margin.
Total Assets=41128m, or per share=RM7.47 Total Liabilities= 19,241m, or per share=RM3.49 Non-controlling interests=146m Net Assets=41128-19241-146=21741m, or per share=RM3.95.
Share Price=RM1.11, Total Assets / Price = 7.47/1.11=6.73 times
Comparison to buying a house with 85% loan, =100/15 =6.67 times.
Forbes: Asia’s billionaires ramping up hotel investments in Singapore ... Visitor arrivals in the Lion City doubled to 1.42 million in July from a year ago, bolstered by the return of Chinese travellers, data from the Singapore Tourism Board showed.
The government expects as many as 14 million tourists to visit the country this year, spending up to S$21 billion, said Forbes.
The magazine said that on the other end of Marina Bay, IOI Properties — controlled by Malaysian billionaire brothers Datuk Lee Yeow Chor and Lee Yeow Seng — is developing a hotel as part of a mixed use residential and commercial project.
IOIPG to the moon...
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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....
kiasu_trader
343 posts
Posted by kiasu_trader > 2021-10-15 09:34 | Report Abuse
TP 1.50 a good news coming up