Wow. Check out announcement. Current NTA per share is -0.09. After proposed disposal is RM0.84 ... and after proposed debt settlement is RM2.85. This counter should fly today.
The pro forma effects of the other components of the Proposed New Scheme of Arrangement on the consolidated net asset and gearing of PCB Group based on the latest audited consolidated financial statements as at 31 December 2019 and assuming Proposed New Scheme of Arrangement had been effected as at 31 December 2019 are shown below: Audited as at 31 December 2019 After Proposed Disposal of PERKESO Properties After Proposed New Scheme of Arrangement RM’000 RM’000 RM’000 Share capital 272,770 272,770 272,770 (Accumulated losses) / Retained earnings (86,081) (40,188) 49,792 186,689 232,582 322,562 Non-controlling interest (195,777) (195,777) (195,777) Total Equity (9,088) 36,805 126,785 No. of Shares (‘000) 100,000 100,000 100,000 Net (liability) / asset per Share (RM)(3) (0.09) 0.37 1.27
The Silver Valley Technology Park (SVTP) development in Kanthan is expected to bring in RM14bil foreign direct investment (FDI), says Datuk Seri Saarani Mohamad.
The Perak Mentri Besar said this RM1.03bil project would also create 13,000 new job opportunities for the people of Perak.
Saarani said he was optimistic that the development of SVTP would provide an alternative for Perak-born graduates to return back here to contribute to the state through the job opportunities provided.
“SVTP, which is located in a strategic location between the Kanthan Industrial Park and Meru Raya Town, already has a supporting ecosystem including existing basic facilities which provides an added value in attracting investors.
“To ensure that the SVTP is capable of being a catalyst for the state's industrial development and becoming the country's new industrial hub, aspects of quality and safety will not be compromised,” he said.
Saarani told reporters this on Monday (Jan 8) after witnessing the Joint Venture Agreement ceremony between Perak State Development Corporation, its subsidiary Perak Corp and Advancecon Holdings Berhad on the establishment of the park.
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....
Choivo Capital
3,668 posts
Posted by Choivo Capital > 2020-02-12 23:01 | Report Abuse
You know, these kind of company is actually worth more dead than alive.
It might be worth it to really understand the liquidation process and see if the equity still got any meat left anot.
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apolloang tell pastor calvin to buy lo.....hehe
12/02/2020 10:57 PM