Wa.. RM1.46 for a company with NTA of RM5.56 with good 10yr track record. I'm sure all who is buying today at this price are very happy. Last time privatisation rumours/talks begun price went above RM3.
so what happened last time? Why didn't it succeed in privatisation? Read that Sime Darby still one of the substantial holders. They can't influence the share price meh?
Im not sure but if they plan to privatise even at RM3 or RM4 I wont sell my shares. All we need is 10% of shareholders to say no to block a privatisation and claim for a rightfully higher price. Perak Corp has an NTA of RM5.56 for a company that is developing strategic points in the state of Perak, with the support of the state itself with good fundamentals. And there seems to be very little shares in the market aka low liquidity which can cause sudden spikes/increase in price.
The darkie director(left of chairman) is very garang : https://www.youtube.com/watch?v=NaTdeYTKk2E&t=170s Told one of the shareholders : ' We're are not holding this meeting just to answer YOUR questions! 'If PKNP is so heavy-handed just because they hold the majority stake, then this co. will not attract foreign fund.
bdi is at all time high above 1500. remember one of their main core business is lumut bulk terminal. bdi will benefit them as well. consider to hold some as their profit will improve further the next few quarters
I believe got many shareholders or traders who don't care/unaffected by this company's valuation. Maybe some shareholders get free shares or cheaply converted shares. Perak Corp Bhd NTA is RM5.56. Share discount is 74.8%! If no shareholder sell at dumb times, price now surely up to RM2.0 since the last uptrend towards RM1.65.
Major impairment for theme park (MAPS) which was Not itemised in the quarterly report however i believe it is possible out of RM500+mil cost for developing MAPS, RM200-300mil has been impaired.
Currently whole company selling for RM100mil (RM1x1mil shares outstanding). If i have that much money, I surely buy & sapu 100% of the shares at current price..!
I think Only World Group has started doing a better job at making MAPS a success.
the major shareholder is the Perak state gov. which is BN ... while approaching GE, will BN comes to rescue? or doing nothing and let the shareholders remain suffering huge losses?
@calvintaneng hi calvintaneng need ask Corporate Name : PERAK CORPORATION BERHAD Symbol & Code : PRKCORP (8346)
0.79 -0.055 (6.51%)
PERAK CORPORATION BERHAD now only 79sen with nta mre than 300 so do u think now can sapu actually currently I keep sapu bonia and opcom but PERAK CORPORATION BERHAD and Ta still under monitor do you think PERAK CORPORATION BERHAD long term can be a profit counter thanks calvin
Perak Corp has come one full cycle from 60 sen to 40 sen and then jumped to Rm3.90
Now going back to 60 sen?
THAT IS WHY WE SHOULD BUY CYCLICAL AT BOTTOM AND NOT CHASE IT AT PEAK.
HOW LONG WILL PERAK CORP REMAIN BEFORE NEXT CYCLE UP?
These are some catalysts
PROTON CITY BOOM PANGKOR DUTY FREE PERAK BRIDGE TO SUMATRA IN INDONESIA WCE HIGHWAY CONNECT SELANGOR TO PERAK BOOM OF THEME PARK SALE OF CASUARINA HOTEL OTHER METHODS TO UNLOCK VALUE
ALL THESE AND MORE WILL BE THE NEXT CYCLE.
HMMM
MAYBE PERAK GOVT WANT TO SQUEEZE THE BURGERS BECAUSE THEY REJECTED PERAK CORP PRIVATISATION AT RM3.90?
@ calvintaneng @calvintaneng thanks calvintaneng for the helpful information btw calvintaneng , PROTON CITY BOOM do you think can benefit TALAM TRANSFORM BERHAD MAIN : Properties
TALAM TRANSFORM BERHAD MAIN : Properties now only 035sen what a pity girl TALAM TRANSFORM BERHAD MAIN : Properties
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....
Ehl1964
980 posts
Posted by Ehl1964 > 2017-06-30 14:10 | Report Abuse
Today full house (2000seats) at stunt legends arena of MAPS.