Come out with a value ? Wake up la, nobody will able to come out with an value, market will come out with the value when we queue to buy and sell. You only can tell what price you willing to sell or buy, not come out with a value. That we leave it to experts.
In my opinion, its still a mystery of what is actually happening.
On one side is "we paid", the other side say "you didn't pay", sounds a bit familiar har? I am very reluctant to discuss it that way, they may catch anybody who came out with a conspiracy theory.
Apollo, even if you don't think it will fall that much, doesn't means you can't queue at that price. Who knows, if get it, take it as bonus, if not, there are still doznes of otehrs choices.
Gohkimhock, bcos one newspaper has expert valued it worths 4.50. But anyway, who would have thought that even with china fund, the deal was cancelled. But those brought above 3, now only can hope Lim can save the bandar malaysia deal.
no fundamentals and no such thing as intrinsic value in bursa, bursa is just a pump and dump market.they can do whatever they like.the sharks are the bookies.now they can make a single counter limit up or down in a matter of mins.it's up to them.
Followind, 5.10, interesting. I think 1.5 is reasonable as the share swap price at 1.50, but it needs to hit limit dowm three times first. Last time b4 bandar malaysia was cancelled, one resaerch house valued it at 4.50, now without bandar malaysia, and the total land also reduce about 10% compare to their first announcement of the merge, now one valued it at 5.10, that's interesting. But i guess no at this uncertain time, hard to find buyer at above 2.20.
Followind, i see, after reading your link, the 5.10 is the total land market value the company holds, b4 given discount, and hasn't taken in the debt they owed.
Annetan, one only ? I thought twice. First hit, it stop trading for hours, then 2nd hit, it stop trading for that day. But i wonder, let say if the first queue buy trade already hit 50% down, it is consider hit one or hit two limit down. But to prevent that, one can go in at early morning when the volumn is still low, and buy at high price. Even if just one lot done at high price, it will prevent the stock fall two limit down at once in morning session.
according to the Edge pg 69, the sale of land to Greenland generates profits of $ 1.4 billion or $ 1.89 per share. according to same article, IWC has finally secured first payment......
1.00 is impossible for 1st day because limit down still above 1.00. 2nd day is possible. Too uncertain on the deal. Better wait to see if really want to buy.
according to the Edge pg 69, the sale of land to Greenland generates profits of $ 1.4 billion or $ 1.89 per share. according to same article, IWC has finally secured first payment......announcement
Uob only said the land value at market price is 5.10 per-share, not TP. land value didn't take into consideration the debt the company owed. Like if you own an 1 million house at market price, didn't mean you worth 1million, could be taht you owe bank 900k, so you only net worth 100k.
I try queue just now, ithe system said bcos of limit down, 2.16 is the lowest i can queue. i guess it will hit 2.20 tomorrow morning session. probably will end at about 1.8 - 2.2 at first day. If you want to queue at below 1.5, have to wait for 2nd day. By wednesday, there might be some surprising news as china representatives are coming to discuss this with the government. Share holder might want to hold it until then, then only decide the next move.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-05-06 19:55 | Report Abuse
who will sell to you at $ 1.00?