Media Chinese International

Media Chinese International

Postby winston » Fri Apr 12, 2019 10:12 pm

not vested

Media Chinese is sitting on a sizeable land bank at prime locations and significant net cash that constitutes 53 percent of its market cap.

DBS notes that Media Chinese is currently trading at way below its potential break-up value.

Privatisation and asset unlocking exercises could emerge with time for the stock to be re-rated.

In the meantime, investors will be rewarded with a decent net dividend yield of 5-6 percent.

BUY, TP RM0.29; Current share price RM0.22

Source: Aspire
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118541
Joined: Wed May 07, 2008 9:28 am

Return to L to R

Who is online

Users browsing this forum: No registered users and 10 guests