Wednesday, February 29, 2012

内有乾坤 airb

AIRB 

total debt = 16,106,000 (last year 33,985,000 )

total cash = 247,440,000 ( last year 171,044,000）

net cash per share = RM 231,334,000 / 264,740,000 = 87sen per share

market price < RM1.7, it really been undervalued.
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