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.
IOI Properties on track to achieve new heights, HLIB says Hong Leong Investment Bank (HLIB) Research has maintained its “buy” rating for IOI Properties Group Bhd (IOIPG) at RM1.67, with a higher target price (TP) of RM2.48 (from RM2.10).
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 2905 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....
ivanlau
1,365 posts
Posted by ivanlau > 2021-12-21 18:57 | Report Abuse
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Stock: [IOIPG]: IOI PROPERTIES GROUP BHD
Jul 14, 2021 11:41 PM | Report Abuse
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Stock: [IOIPG]: IOI PROPERTIES GROUP BHD
Feb 6, 2021 11:26 AM | Report Abuse
today closing 1.50, mark my wording " overvalue stock at current price , it will drop to rm 1 in year 2021 " .....
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Today closing 1.11 !!!
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Today closing 0.99 !!!