I bought Tropicana years ago at around RM 1 as I thought that the asset value provided a sufficient margin of safety. Then it had the asset write-down so I decided to exit around RM 1.45. Not fantastic profits. This raises the question on why invest in stocks when the evidence shows that if you have a 30 years investment horizon, you are better off with real properties? Refer to https://www.i4value.asia/2020/08/in-malaysia-which-has-better-returns.html#more