BornToSpeculate, CBIP has not gained so much in price, can go and study this company, they plan to and in actual did plant 2000 ha per year oil palm in Indonesia, the rate of planting is quite high compare to CBIP market cap is only RM1.1Billion.
Pocket Rocket all I can say is dont put all your eggs in one basket and especially if its funds for SPA purchase.
No one can predict what will happen in the short term as there are too many factors to consider. If you hold long term however, I think this counter has still upside.
Ive been holding this counter for the past 4+ years and despite a generous gain im still comfortable to keep despite todays drop.
Really sad for those who still holding to the hope that Malton will still go to RM1.50. Just so you know, something happened to the merger. Malton is nothing without WCT.
Warren Buffett used to said, "I look at how much profit I can make in 5 years "(not in a month). Bigbull99, sorry if i'm wrong but you sounds like a syndicate. Cause when I sell, you asked why i sell so early. But now, you ask everyone to sell! Don't worry, Malton is a good company, I'm not like Warren B who look at 5 years. I look at next year RM1.5. So, I'm waiting right timing to go in.
malton is a solid cash rich company. trade dont just based on price, value or the business should be in consideration. when trade, dont do contra. not a gamble counter.
Seriously if u know how well TSDL is doing, with his track record / reputation the past few years and his pipeline of future projects, any idiot will not be putting all these under private entities when u can inject them into a plc for a nice p/e gain in networth
PocketRocket, I think you can save your energy asking BigBull99, he is either wanted to sell his Malton and keep saying there is merger and now want others to sell down so that he can collect. Or he is one of Syndicate agent. A merger deal is confidential. How could he know merger is on and now is said is cancel.
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....
pineapple123
2,472 posts
Posted by pineapple123 > 2017-03-20 11:11 | Report Abuse
buy!