dividend yield at abt 5%, net cash per share is abt 0.75 cents. the worry part is the business direction. But with the recent property disposal may expect something in the pipe line?
index record high but this counter sleeping for more than 5 yrs .Luckyly the company is still cash rich, However the cash reserve is mainly due to the property disposal in yr 2010 for RM16.5 million. The disposal price of RM16.5 m was agreeed in EGM held in yr 2005. Is the selling price based on the 2010 market value ? The answer is definetly no.........................
why the company wnt to finance assiatant to 35% non control company?The amt is RM15 million very substantial. Did other 2 shareholders come out the money? I am really in doubt on this.
the shareholders should go egm to against the financial assistant to the associated company proposal. It us unfair to the Amtel shareholders.Now , the future of the company uncertain after proton took over by DRB. The cost cutting measurement implement by proton have caused the company GPS products dropping heavily. To finance RM15 million to the associated company is no the right move as the company only controlling 35% stake.......
it is happy to received dividend.But if the financial assistant to associated company RM15 million take place then maybe no more dividend next yr. Why control 35% need to put in RM15 million and other 2 shareholders no need come out money?Is this really transparent and fair to the minority shareholders?
the circular even without projection figure and does not mention how viable is the project and yet the money can lend so easily. DO u think is transparent? I am in doubt.
Gam project have yet approval from mida, miti and finance ministry. But the board already ask approval to injecting the fund into the project. It is really cnt accept the action taken by the board.
i am no expect but never consult fortune teller . I am only read professional research article. our market is in pe 16 times. maybe u hv special magic can predict market well.
halo huat kia ... this amtel outside ticket tampok nia la .. mean market good or no good they dont care aeh ( unless some market bad bad news keluar la ) .. as for friday may be is kit kat time la .. anyhow they still support at 75 and intentionally wanna close at 79 to 80 aeh .. seem good la ... ada vol dont miss this , think can explode ... 2 cents ... recently u ada pi rex cinema tenggok movie with ah chuan ko daughter bo ? :)... kikikiiiii
hi sunrise .. tj tak tau apa tu tp aeh , si kaw si thunn la .. if u pernah park buyer in this counter like 75 to 77 then u know la .. some1 will blok u aeh .. rasa ada something la .. what i can feel is ada something la ... ada vol can try la .. 2 cents
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....
sunrise
122 posts
Posted by sunrise > 2013-10-31 13:38 | Report Abuse
sleeping counter.