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Comments
Loi Kim Chon commented on FGV.
6 months
·
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If all minority shareholders hold on to the shares. They have no choice but to extend the period or revise up the offer price .
whenever it hit 1.4 PNB would hammer it down. The major shareholder do not want the share price to appreciate ?, One of the reason is perhaps they are thinking of taking it private , this company is very much undervalued base on NTA and PE .
just be patience , it has owned 78.5% the issued share capital. ultimate aim is to take private , just wait .
transmile dropped from RM 11 to delisted , total loss .
It is a matter you believe big 4 Auditor of the management ? Investor can accept company suffer loss due to pandemic but can not accept company with governance problem . If you have invested Transmile many years ago ,you probably know when to exit .
when the trend change after a long decline , it is a new life you forget about the past , it advances in steps like going up staircase, study in detail who is buying and how it advances and consolidate .
among all the oil and gas company , this is the only company that with healthy balance sheet and backed by 50 cents cash per share . it distributed 2 cents dividend each quarter for the last 3 quarters .
我已经等了一两个月,刚好到底了, 这几天刚换trend , 现在还早很多institution investor 买比你高。
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