In Kluang Rubber’s case, the company’s cash pile is almost 1.18x its market capitalisation, excluding RM411.2mil held by the company in investment securities.
The value of these investment alone is another 1.88x its current market capitalisation.
No wonder the company’s NAV is more than RM10 per share while its share price is only at RM3.47.
Source: The Star
https://www.thestar.com.my/business/bus ... TCukRGR.99
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Kluang Rubber
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Kluang Rubber
by winston » Sat Aug 10, 2019 10:10 am
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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