He sold to Sime at 2.30 and buy back at 2.90. Loss of 60cents. And now he buys at rm1 above market. Total above market and sold price is rm1 + 60cents = RM1.60. Avg 2.60 and 2.90 is 2.75. So if you take 2.75 + 1.60 = 4.35 it is approx the earlier valuation with 50% off RNAV
He sold to Sime at 2.30 and buy back at 2.90. Loss of 60cents. And now he buys at rm1 above market. Total above market and sold price is rm1 + 60cents = RM1.60. Avg 2.60 and 2.90 is 2.75. So if you take 2.75 + 1.60 = 4.35 it is approx the earlier valuation with 50% off RNAV
Net debts RM 1.3 billion-star 11th June. STP2 nowhere in sight except need to spend money to reclaim(next 5 years?) land. When only need to come out money(to reclaim land) and no income is it good? No wonder Sime Darby also sell.
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Rajuan_Singh
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Posted by Rajuan_Singh > 2016-06-07 21:30 | Report Abuse
He sold to Sime at 2.30 and buy back at 2.90. Loss of 60cents. And now he buys at rm1 above market. Total above market and sold price is rm1 + 60cents = RM1.60. Avg 2.60 and 2.90 is 2.75. So if you take 2.75 + 1.60 = 4.35 it is approx the earlier valuation with 50% off RNAV