Bank dare to give RM500mn loan to restructure other loan in view that the collateral is worth this amount. But current Market Cap, 334 Million. Mean share price can go up by at least 49% more
603Malan Hi Oretama, Can you share the formula on this calculation. thanks
My layman calculation as follow: Evaluation by bank of RM500mn - (Total number of issued shares:1,422,780,350 X 0.235) = 500mn - 334,353,382.25 = 165mn
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....
Lychien20
271 posts
Posted by Lychien20 > 2019-12-20 11:05 | Report Abuse
probably test drive engine and round back kampar station end of today