Sunny

Sunny | Joined since 2013-05-27

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2013-05-31 14:14 | Report Abuse

Tiger now near the pre-election price, the big fish unloaded by holding the price between 36 to 40 sen. Now they start collecting back, if you have holding power there is no cause for alarm unless their properties are not doing well. All property counters have shot up quite a lot tiger now buck the trend.

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2013-05-27 10:39 | Report Abuse

There are many investors who got burnt by this counter. From 1.50 plunge down to low of 25 sen. Many still nursing their wounds, that's one reason for the low price. For information, par value is only 1 singapore cent, but the company has done relatively well to reach a cash balance of RM 1 billion. It has receivd RM 85 million from KLSE IPO. You can't challenge the big fish when they started to sell, but you can fish when the price botom out.

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2013-05-27 10:23 | Report Abuse

I work with the auditors before, when comes to cash and bank balance, auditors have big responsibility and if they cannot verify existencc, then they have to mention this in the audiit report.

Stock

2013-05-27 10:20 | Report Abuse

There is 1 billion share in issued, big backside. Investors should accumulate this shares before fund managers start to buy. Fund managers probably don't like the low dividend payout, but if George Soro sees this, he will raid the company for its prize asset - 1 billion RM in cash.

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2013-05-27 10:04 | Report Abuse

This company have good earnings over the year. Currently cash rich - cash per share 85 sen. NTA 106 sen. Auditor is GTI-Foo Kon & Tan, reputable firm in Singaore. Cash hoard should be no problem as auditor has to verify existence. Among the china shares this is a blue cheap, corporate raider shouldbe buying this shares to distribute the cash hoard.