The Sun ran a post which claims that the valuation of RM760 million which Ekovest provided for MRCB was too low. There are even some estimates that DUKE could be valued as high as RM1.4 billion.
DUKE is a 18 km highway linking Ulu Kelang and Jalan Duta's toll (NKVE). Obviously, it is a very strategic road. I am just wondering how much would a much longer highway linking south of Klang Valley and Taiping be worth?
13 comments:
Did u get any documents to subscriber for Keuro rights yet? I still did not receive anything.
The price for the rights and exercise for warrants is yet to be announced.
Hi Felicity,
Would you be able to share your views on johotin moving forward this year and so on?
I see it as an attractive consumer stock since it has acquired Able Dairies back in 2011.
EPS is around 22 cents, PE ratio for a consumer stock (dairy company) is valued at x6 currently. However due to its nature of a dairy company as well as tin suppliers to F&N, etika the likes of it, it contradicts as a supplier of tin to a rival in dairy products.
Looked briefly at Johore Tin, it is a decent company at an attractive price. The biggest challenge for the future though is looking for growth although the purchase of Able Diaries would bring some better margins from revenue.
Good news
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1541729
Datuk Wira Pang Tee Chew is the Managing Director and Chief Executive Officer of Mamee Double Decker (M) Sdn. Bhd. (“Mamee”). He has been with Mamee since its inception in 1971 and is currently in charge of the corporate affairs of Mamee. Being the member of the British Institute of Management, Datuk Wira Pang Tee Chew was previously trained in Japan on food processing in the area of canning and packaging and has attended the Advanced Management Program at Harvard University, USA. With close to 40 years of experience in the food industries, he has acquired a wide knowledge of both the local and overseas food markets.
Hi,
What's your view on Seek's decision to buy Jobstreet?
Hi Felicity, mind to get your view on recent news Datuk Wira Pang be one of the largest shareholder? Thanks a lot.
Hi Felicity,
What shall the minority shareholder of jobst do now to get the best value out of it, hope you can share your opinion
On keuro, I think Dato Pang's entry is a surprise to me as I could not link an owner of food business with a tolled road.
Anyway, I believe that is just an investment. Also, do not dicsount other parties involvement as it is a tax haven registered company. There could be other parties which are involved and we do not know.
Also somehow or rather, there is a link between Mamee and MWE, don't ask me how.
The price fixing for rights issue has been delayed for more than 1 month
Ya, there is a possibility of MWE may not have the cash right now - purely my speculation. Look at MWE's balance sheet as at 31 Dec 2013 - although they have liquid investments which they can sell. The past few months market have not been that good for global market.
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