@Starisborn.....u may be correct. Cyber troopers may be engaged to beat and run down this company with a view to privatise at much cheaper cost....Compared to its NTA...there is another RM1.23 billion to be cream (0.63-0.155)x 2.6B S/C

LSS5 bidding results will be announced soon. Stay tune with your champagne in your hand ya!😎

LSS5 solar farm bidding may be announced in July/August. May the BEST wins the bidding!

This company shall be one of the main beneficiary for e-Invoice project which will involve all companies/small vendors nationwide ....and belief me.....the financial impact would be humongous!😁

Let's wait for the IRAN/ISRAEL conflicts to settle down first. Meanwhile, pray hard that no one starts the escalation of tension into unchartered territory.....which IRAN tested the water

Buying into this company is practically use cash to buy a CASH rich (or CASH equivalent) company. The irony is the Company has more cash/NTA than its market capitalisation.

Wondering what would the Company or major shareholder will do with its CASH.

Perhaps buy into a new business or pay hefty dividend or capital repayment but the major shareholder only gets its % of its share in the company.

How could the major shareholder gets 100% of the benefits on what ever they proposed?

While we ponder around....look like it is worthwhile to take a deep second look at this rare gem!

In the latest Q results, TRC reported an EPS of 2.01 sen and if we extrapolate this to the next 3 Q....looks like the PE ratio would improved further. Current PE ratio is at about 7X only....a real steal for such a fundamentally strong and well manage company.

With an NTA of 99 sen and base on current market price....I certainly will increase my stake!

If that "someone keeps throwing", I will keep accumulating it. The more the merrier! .....as currently the market has over reacted to just the latest quarterly result and in an oversold position now based on the chart. Am sure that with China market now being reopen....things would improve further for this company aided by a stronger USD.

The market will somehow notice it and when mass buying starts....it will return back higher to where it belongs!

Since my posting 2 months ago...the price has shot up and base on its NTA of almost 60 sen per share, trust that the upside still have lots of legs to be up up and flying high very soon.

Am sure that the landbank or their stocks of completed houses are worth a lot more now at the current post pandemic price.

I smells good offer here. Will add on to my portfolio to further enhance values!

Based on its share price chart, it is well supported at present 30.5 sen and the next breakthrough will see some resistance at 45 sen before continue to march to break the strong resistance at 60 sen.

If this 60 sen resistance is successfully broken, obviously it will try the historic RM1....which is just 3 sen above NTA of 97 sen.

If we are already planning to go to Mars in near future, really....nothing is impossible in this mother earth!

It is a matter of time only as this counter financial performance has so far run ahead of its current share price.

Honestly not many ikan bilis minority shareholders would turn up and even if they turn up....why would they vote against a good proposal

Ya....75% of those present in EGM. As this is not a related party transaction, the major shareholder can vote.

TtreeInvestor....it is logical that if one gets the 2.21.....likely he will sapu all the shares in the market if it is still lingering at 10 sen after ex price....as against a cash per share of roughly 60 sen......9 months down the line. These are solid cash woh and not a piece of assets that needs to do a fair value valuation.

In this counter, I sense it could be the next Superman.....up...up....and away!