You know why? Cause pure cements companies getting lesser and lesser in malaysia.many consolidated under mother comp like ytlcmt. In klci only a few pure cement stocks, lafarge, tasek. Etc. Anyway tasek also kuok c9mpany, so u see how long can this narra go? Who knows 8n future consolidated under tasek together? Cement are known for their good div yield, great profit margin , good roe. If c9mpetitve enough can earn huge money. So you see how lafarge and tasek double triple thse few yrs not? Narra definitely has potential with hume ce
Btw, do you know how much of profit the new acquired biz will contribute to Narra? Some of the forumer here found that Narra is cheap solely comparing it's current price with other industry players.....sounds funny....U guys dont bother about it's future earnings upon completion of the exercise then?
Narra will becomes 2 to 1 soon....and the paid up capital will increase from 31 million shares to ard 479 million shares after the whole corporate exercise...Can Narra hold it's present price by then? I dont know....good luck to all the Narra shareholders......May God with you all
hume cement expanding capacity , means it will only be good for the company future. Wonder why people still sell? They think maybe buy HLIND more worth it?
Narra's net tangible asset value per share right now is only 38 cents per share and people are willing to pay RM 2.35 per share for it. So after the corporate exercise, its net asset value per share doubles to 76 cents per shares due to capital reductions (half the amount of shares are deleted or consolidated). My question is can we expect people willing to pay RM 4.70 per share for a share that only has a book value of 76 cents? Why do people want to pay such a premium price of RM4.70 for something that only carries a book value of 76 cents? Could somebody please tell me?
But I want to remind people, don't be the last guy to enter the market, the early birds catches the worms but the late guy gets nothing. I believe this to be always true according to nature's manifestations.
TASEk IS MANAGED BY SINGAPOREANS, THE KWEK FROM SINGAPORE WHO HAPPENS TO ALSO OWNS CITY DEVELOPMENTS AND OTHER LISTED COMPANIES. THEY ARE MORE AGRESSIVE THAN THEIR MALAYSIAN RELATIVES. YOU SEE SHARE PERFORMANCE, TASEK ONLY SELLING CEMENT CAN GO UP TO RM15,6. LOOK AT HLIB, SELLING SO MANY CONSUMER PRODUCTS, MARKET PRICE STILL FOREVER LESS THAN RM7. KWEK AND QUEK, THE SINGAPOREANS VS. THE MALAYSIANS, HOW TO COMPARE? IT IS LIKE COMPARING SINGAPOREAN DOLLAR WITH THE MALAYSIAN RIGGIT. SO, DON'T COMPARE NARRA TO TASEK, IT IS NOT SINGAPORE, YOU SEE!
Really joker...at first talk about book value....now talk about singaporean or malaysians...I thought all the co (HLIND,NARRA n TASEK) are all owned by the same boss??
Oh No, Of couse no! To be a good investor, you need to know a lot of things. Investment decision can only be make after considering Warren Way 2. How to choose deals. Buffett to the Wall Street Journal: “It’s like when you marry a girl. Is it her eyes? Her personality? It’s a whole bunch of things you can’t separate.”
When their assertions are debunked, they will try to shift the goal posts. HLI and Narra belongs to the Malaysian Hong Leong group and Tasek is under the Singpore Hong Leong group but there are a lot of cross holdings between the 2 groups.
Tasek constantly pay out bonus shares and very high cash dividends every year since the KWEK bought over the company a few years back then. Investors love this stock because the payback is very high....To the paranoid who doesn't know this. I lot of things are so obvious but still a lot of people like to get into war of words, I don't.
Tasek treated their shareholders very well and investors love them by paying out bonus shares and maintaining very high cash dividends. Tasek already have a track record of treating investors very well.
What about Narra, is it good? In the past, it hasn't beeen paying dividends and now It is trying to sell something that has a book value of 38 cents to investors for Rm2.35. Which one is better? Can't you tell the difference?
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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....
i3i2i1
4,731 posts
Posted by i3i2i1 > 2014-06-25 17:07 | Report Abuse
where can i get information about NARRA reduce its capital to 50 cent? when it will occurs?