Last Thursday, DWA Advisory said TTSE's offer was not fair as the offer price represented a discount of RM3.66 to RM3.84 (about 84.92% to 85.52%) to the estimated value of each Subur Tiasa share of between RM4.31 and RM4.49, based on the sum-of-parts valuation method.
I sold all my subur and change to MHC because MHC management team is much better than Subur. MHC is one of the few plantation stock that is profit for the past five years and maintain low debt/equity ration.
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....
Sweetchocalates
1,994 posts
Posted by Sweetchocalates > 2021-10-05 21:25 | Report Abuse
Pinepac also hoot