Regardless of who become PM, Eden at current price is far below both it's net asset value and intrinsic value. In investing and trading, avoid at all cost being emotional and irrational.
well to be fair Eden has always been way below intrinsic value for many years, even with twice the disposal gains the share price still fails to break new level and that's also because investor gets nothing from the disposal gain and their business side is not really making money for a long time
Eden is a fairly safe bet. Down side is very limited but upside is good, Remember apart of tourism biz in Langkawi, Eden also owns and operate two IPP plower plants in Kelantan and Sabah.
i wont bet even at current price, i believe it might go lower when all the political hype goes down, then Eden will have to find back it's own footing with its fundamental.. business wise seriously nothing to shout about they are prone to make loss more than make money, IPP business has very low margin and high operating expenses
It should be back to the fundamentals now. Good latest QR is no surprise; gain from land disposal has already been priced in. TP between 17c and 20c after election fever subsided.
im not much into politics, anyone go up is corrupted. just how corrupted they are, and how they run the country. BN run the country well until their corruption greed took over them once corrupted (money into pocket) > money into the country , people can see the country stagnant as money isnt reinvested into the development of the country. im team BANDWAGON i join the hype u will say no bribes no corruption, once u in power. they will come to u automatically if not u, its your relatives or ppl around u which in a way will CHANGE you
At least there is a CHANCE of improvement...we don't want the failed govt of '21-'22 to repeat their failures & drag the already impotent currency to 5 to the US$
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....
TokAbah
1,205 posts
Posted by TokAbah > 2022-11-25 09:16 | Report Abuse
Moo Eden wanna flyyyy?