Posted by fandi > 2012-05-20 17:06 | Report Abuse

Look at Kfima just released result..... NTA 2.07 Net cash RM250 million vs Share capital 260 million Cash per share 0.93 EPS 30 P/E 5.00 at current share price RM1.78 The company has generated free operating cash flow of RM70 million last year that see the net cash increased from RM180 million to current RM 250 million. I dun think it will take long for the majot shareholder to privatise the company as at current value= RM1.78 after deucting the net cash of RM 0.93 , you are basically paying the company at RM0.85.

1 person likes this.

4 comment(s). Last comment by fandi 2012-05-21 09:26

kcfan

1,881 posts

Posted by kcfan > 2012-05-20 18:28 | Report Abuse

Totally agree with you.

fandi

280 posts

Posted by fandi > 2012-05-20 22:31 | Report Abuse

It will come back very strong once the dust is settled!!!!!

andyteng

457 posts

Posted by andyteng > 2012-05-20 22:49 | Report Abuse

Can buy in this critical time?

fandi

280 posts

Posted by fandi > 2012-05-21 09:26 | Report Abuse

Buy in stages since the market will be very volatile.

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