Master Guru Investment's comment on MUIPROP. All Comments
Master Guru Investment
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Considering MUI Properties' land sale from the 60% shareholding, and after deducting debt from the proceeds plus cash in hand, the possible value per share that could be used to distribute as a special dividend to shareholders is RM0.45 per share.
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Master Guru Investment
Even they keep 50 percent for working capital, shareholders still can get RM0.225 per share if management willing to declare this dividend
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Michael Saw
60c is reasonable.........
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