Majority shares held by Directors so easily can be manipulated. Co running on loss but they have parcels of land which have not gone for "revaluation", to me the price is good to enter
Another good buy is Amtek. Their piece of land in PJ is currently worth around RM85 mil to RM140 mil but they still report it at cost ie RM6 Mil only. There is definately a huge valuation gain if they suddenly report this valuation in their annual account. Lately I receive their annual report. They still keeping low profile on this issue. So far, Amtek shares capitalisation is only RM15 mil.
Mjperak is a loss making Co, all knows but price is based on their parcel of lands n value not unlocked n also Proton in Tanjung Malim hence price may be on uptrend
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....
lextcs
1,961 posts
Posted by lextcs > 2017-09-12 09:32 | Report Abuse
going short again...