What is Digital Bank? Non Bank Companies to conduct Banking service. Angkasa,Tabung Haji,Tabung Angkatan Tentera,Boustead Petroleum@Bhp,Pharmaniaga. Boustead Plantations.
Digital bank seen as an alternative to the traditional brick & motar banking to the public. Maybe not able to accept or offer term FD, BA, LC, Guarantee or cheque writing facilities
Recent changes made at the Board & management level can revitalise the Bstead group. This giant congolemerate is like a sleeping giant { that holds deep value & valuables } that need to be unlocked.
I am the most "lucky" one because sold all BPlant and beli all Bstead 5-6months ago. Because I percaya 200% mother will perform better than son. but................................
Bplant continue up and Bstead continue setengah mati. I also laugh why so bodoh
Bstead will slowly inched up and trade at higher valuations. Just wait coming qtr announcement { all the subsidiaries engines fired up } Look at Pharma, Affin , Bplant , BHIC , properties { all recovery theme play }
Ahmad Nazim prior to his LTAT appointment was working in Singapore {since 2018} after leaving MARA in the island highly and competitive investment banking field. He was a Fulbright US scholar and comes with the right experience & International exposure. LTAT Board biggest single investment is the Boustead Group. Pressure & expectations is on him to deliver result { after LTAT /Boustead} dismal result for the past 3-4 years
NTA 1.61 is not meaningful if the assets are mainly illiquid assets. But if half of the assets is sold, giving cash per share 80 sen and other asset per share 81 sen, then? The group is actively selling assets for cash, so that money can be used to invest in more liquid assets. How can LTAT get the cash from subsidiaries and associates that sold assets? Dividend!
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....
Alibaba
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Posted by Alibaba > 2022-03-31 08:27 | Report Abuse
https://www.theedgemarkets.com/article/bnm-says-make-digital-banking-licence-announcement-upon-legal-process-completion
Not this month.