Title

Category

Others Stock

[MALTON] Malton: Still Cheap at 72.5sen?

Definitely, and here is why.

Shares Outstanding: 418,023,512

Market Capitalisation: RM 288 mio

Current Assets: RM 665 mio
Less:
Total Liabilities: RM 400mio
Current + LT Liabilities

-----------

RM 265 mio

Difference of only RM 23 mio (RM 288mio - RM 265mio).

RM 23 mio and you get

Investment Properties RM 43 mio
Land held for Property Development RM 185 mio
Investment in Associated Companies RM 23 mio

TOTAL FIXED ASSET (partial) RM 252 mio

WOW! RM252 mio extra. That's 60sen upside potential from the current price now.

Malton is going to breach the 74.5 sen resistance level set on Nov 12, 2010.


reply
it's much lower today. Standing @ 0.68. Maybe you should accumulate more today.
reply
Quotes are delayed at least 15 minutes. Stock charts are updated at the end of the trading day. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Tradesignum is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Tradesignum website, you agree not to redistribute the information found herein.
loading...loading