Minho is greatly boosted with strong underlying asset with 12 pieces freehold land which net book value worth RM131 million together with one piece of freehold land worth RM20.3 million Most of its land is still clinging on the valuation dated back to 2009 and 2010.All its golden land located in prime commercial area of Klang,which is near Port Klang Its net tangible asset currently increase to RM3.03 and P/BV is 0.45 times only
Minho short term investment:15.105 million Deposit with licence bank :11.097 million Cash and cash bank balances:16.315 million total cash hold :42.517 million as at 30 Sept 2015,compared previous 36.211 millon
Minho share premium :92.431 million Other reserves : 122.041 million and Retained earning-profits: 14.345 million
Minho MACD histogram has turn green,while the RSI hooked above 50 Price may trend marginally higher after surpassing the RM1.46 today. Trader may buy as a bullish bias could be present above this level Price may rally towards the RM1.90-RM2.10 in the short to medium term
Good example for the "subscribers" to see the price of Minho. That time one of the "subscriber" asked me if want to follow "instructions" to cut loss in August 2015. I told her to collect more @1.02/1.04/1.07 and she managed to sell @1.48 on 30 Nov 2015.
"abcb >>> Minho MACD histogram has turn green,while the RSI hooked above 50 Price may trend marginally higher after surpassing the RM1.46 today. Trader may buy as a bullish bias could be present above this level Price may rally towards the RM1.90-RM2.10 in the short to medium term 10/12/2015 11:59"
Minho Net Tangible Asset(NTA) worth 3.08 and its share price now 1.39 which is 55% dicount to NTA Minho is selling far below intrinsic value.Ultimate the true value of a stock will emerge over a period of time Minho next target price will touch to 1.90-2.10 in medium term
Minho may rebound further after recovering above the MYR1.24 level in its latest session, albeit marginally. Traders may buy as a bullish bias could be present above this level, with a target price of MYR1.37. The stock may move sideways like it did recently if it cannot sustain above the MYR1.24 mark. In this case, further support is anticipated at MYR1.17, where traders can exit upon a breach.
Minho may rebound further after crossing above the MYR1.30 level in its latest session. A bullish bias may be present above this point,with a target price of MYR1.54, provided the MYR1.39 level can be surpassed - RHB Research - 22 Apr 2016
Apa apa research semua cakap je, mustahak apa yang ada dalam syarikat ni. Corp exercise kali pertama ni utk benefit shareholders ni, isnin ni announcement bonus issue utk semua.
Timber products manufacturer Minho (M) Bhd has issued a special share dividend on the basis of one treasury share for every 100 existing ordinary Minho shares.
In a filing with Bursa Malaysia today, Minho said the entitlement date of the special share dividend is May 11, 2016 and the payment date is May 25, 2016.
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....
abcb
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Posted by abcb > 2015-12-10 10:11 | Report Abuse
Minho is greatly boosted with strong underlying asset with 12 pieces freehold land which net book value worth RM131 million together with one piece of freehold land worth RM20.3 million
Most of its land is still clinging on the valuation dated back to 2009 and 2010.All its golden land located in prime commercial area of Klang,which is near Port Klang
Its net tangible asset currently increase to RM3.03 and P/BV is 0.45 times only