1. Naim (95.5sen) No of share volume: 514m Market Cap: 491m
2. Dayang (RM 1.93) No of share volume: 965m Market Cap: 1862m
Naim have 26.4% stake in Dayang = RM 491.6m = whole Naim value. These Naim 26.4% investment in dayang already is its entire market value give rise to Naim core assets are essentially FREE.
Among Naim FREE assets are 2600 acre of landbank situated in 3 flagship property project in Miri, Kuching and Bintulu + construction orderbook (RM 2 billion including pan Borneo highway),
Despite, possess so many assets and investment in Dayang 26.4% stake + 10% stake in Perdana, Naim balance sheet remain very healthy with cash holding RM 310m, and short+long term borrowing RM 510m.
1. Oil and Gas: Dayang + perdana 2. Property development: 3 flagship property project in Miri, Kuching and Bintulu 3. Construction: Orderbook RM 2.0 billion 4. Property investment: Hotel and Mall in Bintulu Paragon, Kuching Paragon, Miri for recurring income
No. I m not sleeping... i m watching the whole day. Just wonder why u all so happy ? Closes below RM1.00. This stock can easily pull back anytime. Anyway, i wont touch. I wont curse it down as well... just share my opinion..
we r happy bcause of KYY article , he already noted that NAIM price is YOYO & not reflect the 26% associate co. Dayang's Price Rise.
perhaps, KYY & other big players sees an opportunity in NAIM's price mis-match n waiting for right moment to come in, if the sellers r not careful ? just my guess only.....
Winbigbursa... looks at yr comments last week. When down u tried to find all sorts of excuses showing yr expertise .. by copied and pasted of other ppls comments here to promote the counter. Hv u ever really use yr brain ? No doubt today is rebound may b technical rebound .. so what ? RM0.99 ? How many ppl trapped above RM1.00 or even higher ? If tomorrow down then where u hide yr face again ? Under yr mum's dress ? Really childish
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....
winbigbursa
1,823 posts
Posted by winbigbursa > 2019-10-21 10:17 | Report Abuse
Go, Naim high up where u belong !