A typical elephant sitting on top (the share). No dividend for last 10 years.
Share price stagnant, average between RM0.40 to RM0.60 for past 5 years (or more) while the Net Tangible Asset of the company steadily increased from RM1.511 (year 2002) to RM1.878 (year 2011) where most land still recorded in historical value, no revaluation.
To buy or not to buy?
Typical answer to this question will be start with the word .... "Depends"
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