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Wow management is buying back huge at RM 0.80 .It seemed like management is confident the value of this share to be above 0.80. Tomorrow masuk abit for long term. Please don't let me feel disappointed !
Told you all to cut lost. Rubbish counter, No volume counter somemore in Main Market. Thank you sold all at 0.74. Buy Back all @0.70 - waiting and sell 0.75
All property developer fly ~ spsetia, ioipg, sunsuria, ecoworld .. all fly at least 25%. Luckily sold this earlier and move to the other property counter.
Over the past few years, while the ROE has been increasing, the overall is still below 5%. Imagine getting returns less than what you can get from the EPF. It is not a good stock from the fundamental investor perspective.
Management not focusing on growing the business and reward loyal shareholders but only minding on growing their own wealth. Despite the change of management, but still Same Old Wine in New Bottle.
Agree with you Dato Eu, basically this company only rely on existing business (GLC), not much use on the seremban & klang land, totally no new development project therefore the return from this company will be insignificant. Minority shareholder only can get the return from capital gain or dividend but it seemed like impossible to get the return. The management are happily sit on the board and get fixed salary and allowance, who care about the minority shareholders.
