Wong's comment on CATCHA. All Comments

Wong
2 Like · Reply
Uncle started position in Catcha a growth company with aggressive expansion and now diversification into Tech services
Wong
Latest M&A with profit guarantee of RM6.8million PATAMI paying RM37.3mil for 60% stake (translating to RM62mil for 100% or PE multiple of 9 times earnings)
1 Like · 2 months · translate
Wong
After touching the low of 28 sen which was totally rejected and rise even in a bear market, Uncle believe Catcha is now entering a new multiyear uptrend cycle. The company is going on a M&A spree and buying companies when everyone is fearful like Warren Buffet and paying low price multiples (e.g. PE 9 only)
Show more
1 Like · 2 months · translate
Wong
US market Dow Jones S&P500 Nasdaq all huge jump today. Great timing for the start of the uptrend in Catcha. Only during bad market sentiments are major catalysts like m&a's not reflected in the share price and where the opportunity to buy at the bottom presents itself
Show more
1 Like · 2 months · translate