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Another land sale announced. Such well kept secret. Price hardly moved prior. Great corporate governance. Another round of good result and dividend coming. Well done board and management.
net RM 65M over a RM1.14B company, mathematically is 5.7% upward push. 18 NOV already 10% pushed, represent RM101M (more than this sales gain) after several days spent RM 1M on SBB... and remaining days to this announcement, it was fluctuate within ~5% range.... not every good news, will have same momentum, and possibly, already priced in by large? a month or two priced in prior quite common.