This stocks is overvalued. This company makes money by selling its subsidary and disposal of property. Not sure about future. for now is not good to go in to earn the company share.
WEIDA (M) BHD (“WEIDA” OR “COMPANY”) DISPOSALS BY WEIDA TO TH PLANTATIONS BERHAD (“THP”) OF THE FOLLOWING: A. 7,500,000 CLASS B ORDINARY SHARES OF RM1.00 EACH IN BUMI SURIA VENTURES SDN BHD (“BSV”) REPRESENTING 51.43% EQUITY INTEREST OF BSV FOR AN INDICATIVE CASH CONSIDERATION OF RM109,290,807; AND B. 1,151,998 ORDINARY SHARES OF RM1.00 EACH IN MAJU WARISANMAS SDN BHD (“MWM”) REPRESENTING 100% EQUITY INTEREST OF MWM FOR AN INDICATIVE CASH CONSIDERATION OF RM42,081,000 (COLLECTIVELY REFERRED TO AS THE “DISPOSALS
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....
nubhan .
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Posted by nubhan . > 2013-05-22 16:29 | Report Abuse
2.60 is coming.