in Jan 2020 :) MCT Bhd (fundamental: 1.4/3, valuation: 1.5/3) closed half a sen or 1.52% higher at 33.5 sen last Friday, after 44.97 million shares were traded, compared with the counter’s 200-day average trading volume of 2.42 million shares.

Formerly known as GW Plastics Holdings Bhd, MCT is now mainly involved in property development and construction.

For the cumulative nine months ended Sept 30, 2019, the group booked a net profit of RM26.88 million on a revenue of RM350.46 million.

CASH AND CASH EQUIVALENTS AT END OF YEAR/PERIOD RM427,764,000 as at 31/12/2019

Retained earnings/profits = RM435,322,000 as at 31/12/2019

1,457mil shares issued

Cash per share ~29.36sen

Retained profits per share (can be distributed as share or cash dividend anytime) ~ 29.88sen

Current price so low..

For value investing, this is the stock to grab as many as possible from short term or fearful traders now.


:)

Happy Investing!

grab from cash poor sellers. if u have cash and holding power. People are selling everything and the common thread is they just want cash,” Reuters quoted Stuart Oakley, a Singapore-based executive with Nomura, as saying.

"People just want cash because at the end of the day, people don't know where their next revenue is coming from and they've got payments to meet. I don't think that's going to change.” Oakley said.

UJ sell a lot. Only allaya can help. Just me 25% public shareholders. Keeping company cash flow now is very important and cost cutting. Seeing sales is slow and no incurring income currently. Survival now and staff working is important then the shareholders.