Posted by calvintaneng > 2015-01-30 15:35 | Report Abuse

Walter Schloss is the best disciple of Ben Graham in purest net net approach.
One counter with double net net is ILB

Nta above rm1.75 and Net Cash over 80 CENTS.

Posted by NOBY > 2015-01-30 16:35 | Report Abuse

calvin, go check out South Malaysia Industries (SMI), I put something in the thread there.

The net net value calculated is at least RM0.41. Its Menara SMI located in heart of KL not revalued since 1998 and carries book value of RM28 mil only. Not including its other cash, investments, land that far exceed its market capitalization

Posted by paperplane > 2015-01-30 23:41 | Report Abuse

Wow, calvin also notice ilb? Now oil price drop, super bullish on this.

Posted by ACELEE > 2015-03-09 10:35 | Report Abuse

Dear Calvin and Paperplane

Indeed ILB is traded below its NCAV,but however,co efficiencies is definitely in doubt.After disposal of China assets,their remaining ops still operating in a unfavorable performance,thus while we are practicing NCAV methods,it do definitely works worldwide (my previous experience in NCAV was in Watta and Gmutual and hoover In Malaysia about 1.5-2 years ago)but we should never undermined the effects of qualities issues too.Just for sharing.

Calvin and Paperplane,from the quality of wordings that you guys posted in i3,I found that you guys are good and keep it and nice to know someone who are interest and yet knowledgeable int investing journey.

Cheers