BornToSpeculate, Air Asia and WCT are good watch. Beside these, 2 more counters that most investors gave up, i.e. Sunway and Suncon. These are the forgotten potential counters, especially after Sunway inject Pinnacle and Velocity into Sunreit. Good things about these are limited downside but not upside.
1) Low PE. 2) Reasonable DY. 3) High NAB over Price. 4) Big Cap, meaning safer. 5) Owner is super rich, not likely to swindle company money. 6) Singapore side, recent good measure by Singapore Government on property. 7) Malaysian side, IOIPG is a township developer, meaning land cost is cheap, high profit margin. 8) Recent bull run on many property counters, but so far IOIPG did not go up so much.
Bad thing:
1) May be there will be selling pressure when the new right issue shares listed.
Sorry, should not discuss too much on IOIPG here, wrong place.
I guess selling of the mother shares converted from LA, today volume so far is 3.4m only, less than the converted 4.6m shares. They sell mother and buy back LA? So the gap is narrowing?
T investment guru who busy buying mother n transfer back to LA than convert back to mother make this price to reach at this stage! Greedy is zero at best!
If the warrant can sustained above 50cents still got hope. Otherwise, better sell some at current price and collect frm below 45cents later. Just my own thought.
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....
shan75
319 posts
Posted by shan75 > 2017-03-23 10:06 | Report Abuse
Transfer LA within the family, no issue at all!