Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
whenever it hit 1.4 PNB would hammer it down. The major shareholder do not want the share price to appreciate ?, One of the reason is perhaps they are thinking of taking it private , this company is very much undervalued base on NTA and PE .
It is a matter you believe big 4 Auditor of the management ? Investor can accept company suffer loss due to pandemic but can not accept company with governance problem . If you have invested Transmile many years ago ,you probably know when to exit .
when the trend change after a long decline , it is a new life you forget about the past , it advances in steps like going up staircase, study in detail who is buying and how it advances and consolidate .
among all the oil and gas company , this is the only company that with healthy balance sheet and backed by 50 cents cash per share . it distributed 2 cents dividend each quarter for the last 3 quarters .
it drops from around 7.50 since IPO for a period of 3 years, finally making a bottoming process now. it is safe to buy now , backed by all institution shareholders and net cash of 1.7 per share more than its current share price .
