2times oldy, this ctr up n down back to 0.15, nowadays the q sell at 0.155 become more n more, need to hold some more time liao...think if it x have any good news, is hard to pecah 0.20 or even move 1 sen....
Mulpha sold its Sanctuary cove land, Queensland north of Gold Coast at A$714K per acre. Tanco has 120 acres of freehold land at Parish of Mudgeeraba, County of Ward, Queensland which is 6 km off Pacific Motorway. This highway is in between Gold Coast and inland. Tanco's book value is RM2.4M. If it can fetch half of Sanctuary Cove's price, that is RM1M per acre, the market value of Australia land alone is RM120M. Any expert in Australia property can comment?
Tanco NTA is RM0.5783/share. Average losses per year is RM0.05/share. The net value is huge, i.e. RM0.5783/share. But this value leaks out at the worrying rate of RM0.05/share. This means the NTA of RM0.5783/share will be completely depleted in the next 11.5 years. Do you think the company can be turned around? Be real! No way it can turn around given that it is still being run by a bunch of idiots. If they can turn around, they should have already done that! The property upcycle has already ended.
this counter really beh ki..... keep at 0.16-0.17 for a long time period liao... the managment must do something to give the spark and energy instead of get paid the high salary......
now on Tanco boat hehehe^^ would give it a bet on the report will reduce big loses compare last year n also the NAV is 0.57 (current 0.175) undervalue lets see my presume correct o not:)
3Q accumulate loses 11M vs last year acc. loses 85M (due to impairment lose)..wat do you think this year performance will be?will the loses reduce significantly?
yea baby tis is wat i waiting for significant reduce on losses vs last year -80Mil (more than 60% reduce from previous year^^)..the NAV is ard 0.52 which can consider is one of the under value stock too:)
seem like the company perform very well n improve a lot on cash flow which improve more than 5000% (from -126k to +7.2M) wat an impressive move for this Cash Cow company^^ beside even the Cash In Hand also increase from +2.3M to +7.3M (more than 200%)..Wow summary i can said is this company really Improve SIGNIFICANTLY WELL!!!
perhaps u enter the wrong year which kena the Lehman Brother(2009/10) n also heavy Impairment loses last year which need to take time to recover..from the statement i can say the Lehman Brother case is the Major impact make the company suffer losses continuously n price drop anyway the main point is tat the company already manage settle the huge debt last 2 years..so now is time to recover d so i would say is a good buy;)
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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....
saltedfish
3,282 posts
Posted by saltedfish > 2014-05-21 11:03 | Report Abuse
still never move, pui