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 Oriental , The most HIDDEN GEM in KLSE.....

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tohca
post Nov 28 2011, 03:10 PM

On my way
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656 posts

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Thanks for starting this thread. I've got Oriental in my radar now. Looks really good. Downside..
1. Founder no longer around, just like Apple;
2. Past performance no guarantee to future performance, ... although it does give one a good guide as to how good a company is.

Will be stocking up some when the market crashes........ which I expect to be imminent, latest by early 2012.

This post has been edited by tohca: Nov 30 2011, 07:41 AM
tohca
post Nov 30 2011, 07:46 AM

On my way
****
Junior Member
656 posts

Joined: Jan 2003
QUOTE(yok70 @ Nov 29 2011, 01:31 AM)
Look at Keck Seng, although landbanks value not yet unlocked, but as long as they don't unlocked it, that is quite useless to shareholders if they don't pay good dividend. Hold it for 5 years? 10 years? if still locked, what is good for holding it long term? Just my view.  smile.gif
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+1 good point.

I guess if the net asset is high vis a vis the share price, it makes the good value for money; provides potential for share price appreciation; very easy to expand business, get loans, etc, etc... But what you say about immediate value to shareholders (in terms of near term profit) is a valid point. A true bule company pays true blue dividends and not hoard it from its shareholders.


 

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