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2019-08-21 18:32 | Report Abuse
I doubt Yatee & Sons will want to raise the price voluntarily unless they know they won't get 75% consents. Like any good business man, they will not want to pay more than they need. The good news is that Yatee & Sons will not be allow to vote on this SCR. It will be up to the rest of shareholders.
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2019-08-20 13:09 | Report Abuse
Not even close. NTA is around $1.80 per share based on the latest financial. The owner can easily pay upward of $1.50 and it is still a highway robbery. A lot lands are valued at cost so the real NTA is probably higher than $1.80.
Stock: [MBG]: MINTYE BHD
2019-09-25 09:38 | Report Abuse
Absolutely spot on. The lands are valued at cost so the real NTA is much higher than $1.80.