All Comments on MALPAC Reload

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Hong Chew Eu
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Malpac, a Bursa Malaysia plantation counter, is a Graham Net Net. The Graham Net-Net is a stock that is trading at a discount to its net current asset value (NCAV).

NCAV=Current Assets−Total Liabilities. The NCAV is often taken as a proxy for the liquidation value. This meant that even if the company were to be liquidated, investors could potentially make a profit because the market is undervaluing its current assets.

Malpac currently has a NCAV of RM 1.37 per share compared to its share price of RM 1.06 per share. Malpac has been a Graham Net Net for most of the past decade. Unfortunately if you have bought it years ago, you would not have been able to make money. This is because the company don’t really have any operations.

I have benefitted from buying Net Nets before. But this is because they were operating companies whose price became lower than the Net Net value due to poor market sentiments. They were not due to poor business prospects.

This is not the case with Malpac which is looking for a major business to get into. While it has submitted its property development plan, it will take some time for this to execute this. So if you are a fundamental investor, there are plantation companies or property companies with track records to hunt for. https://www.i4value.asia/2021/06/will-malaysian-property-industry-turn.html#more
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飞鸿腾达
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吃老米的公司哈哈哈哈哈哈
Vincent Tan
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stupid stock
Fat Cat
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Incoming babeh
Eugene K.
mantap.. skali bagi lemang sebatang
Like · 2 years · translate
Fat Cat
Ahhahaha haven't got movement lah, parking first
Like · 2 years · translate
佛系之投资法则_億7
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快速卖掉
沽空,沽利,卖掉,
哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈哈
飞鸿腾达
走人咯,谢谢各位推哦!
Like · 2 years · translate
cao nima
shorturl.at/gqLSY
WC callbuy, good luck on monday
Like · 2 years · translate
Joo Ching Wong
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Net assets per share is 2.37. Should go up further. Price of palm oil is good too
cao nima
tomorrow brace for life
Like · 2 years · translate
Joo Ching Wong
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Now the truth of last 2 limit ups is OUT n Bursa was well aware or being informed of reversal to profit from loss! Brace for more future development!
Muhammad Asyraf
is that good or bad?
Like · 2 years · translate
Cyrus Vin
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Palm oil price power, share price can power also?
Joo Ching Wong
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Where there’s smoke there’s fire in general term unless manipulated by syndicate in collaboration with someone close to board of co. No wind No waves n 2 times big waves!
Dervyn NG
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Where where is Limit up ???