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2023-06-22 13:35 | Report Abuse
What part of this company is good? the people who bought their house got cheated. The people who bought their IPO got cheated.
IOIPG --> PE:4.10, NTA:3.95, current price:1.080
UOADEV --> PE:4.16, NTA:2.40, current price:1.570
SIMEPROP-->PE:9.84, NTA:1.41, current price:0.470
IGBB-->PE:15.75, NTA:4.2494, current price:2.0
ECOWLD-->PE:14.38, NTA:1.6300, current price:0.820
SPSETIA-->PE:7.17, NTA:2.96, current price:0.52
MAHSING-->PE:7.92,NTA:1.490, current price:0.610
Noticed that these property companies are trading at PE below 20 at price at half or less than NTA.
Now look at RADIUM:
PE:110, NTA:0.15, current price:0.375
If this is not a scam then how do you explain those inflated price? they will have profit for selling house units but those profit will be offset with litigation and compensation damage. Dont wait until this become SSB8, another one of their counter and only then you want to regret.
2023-06-22 10:29 | Report Abuse
Guys..now it has been proven that this company is conman company.. They will keep facing lawsuit left and right..The Gan family is from a long line of scammer.. Avoid them in future and sell this share before it dips down further.
2023-06-08 17:20 | Report Abuse
Look at what this joker trying to lie:
https://theedgemalaysia.com/node/669082
I guess he's ready to pump and dump this counter.
Stock: [RADIUM]: RADIUM DEVELOPMENT BERHAD
2023-06-22 16:39 | Report Abuse
@Ktrade you think Radium didn't manipulate their data or do you think 80% of property counter manipulate their data? either way do you think they have a chance rebound? They still struggle to convince people that their IPO price is correct.
If you think the PE and NTA was manipulated, how about those resident that sued them? Did other people manipulate them?
also, let me quote from the article:
"She said that Pavilion Integrity had known when it bought Lot 810 that the plot had been gazetted for the construction of a road.
She pointed out that the proposal for the construction of the project was done without a clear Traffic Impact Assessment, as none was laid out to the residents unlike the original proposal for the construction of a road to reduce the congestion"
This much already showed the attitude of the company.
@PakarSaham collect at cheaper price for what? to go 14th floor? or are you that guy who bought this IPO for 5mil and keep wishing to the star that the price will go higher?
Everyday the buy rate for this counter is 0%, all smart investor know other counter is much better than this.