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Once again, Dr Chen Mun is been really "frank" with his answers. Somehow, he gives a slightly different vibe compared to the other folks.
RESPONSE TO QUESTIONS FROM SHAREHOLDERS
Management views the current uptick in the share price is due to both the monetisation of the investment property and consistent performance of the wireless connectivity segment. Between the two factors, we felt that the latter hold greater sway given the attractiveness of the wireless connectivity market globally.
Segregation of the two-business segments was driven by the differences in the valuation matrix (net tangible assets vs price earnings ratio) and risk (financial and business). Market would be allowed to evaluate and value the wireless connectivity segment once the monetisation is completed. Should the wireless connectivity segment, which will be the sole business, continue with growth and profitability we believe the market (both shareholders and investors) will accord the Group the appropriate price-earnings multiple and liquidity.
https://links.sgx.com/FileOpen/PMD-Respo...eID=811223
RESPONSE TO QUESTIONS FROM SHAREHOLDERS
Management views the current uptick in the share price is due to both the monetisation of the investment property and consistent performance of the wireless connectivity segment. Between the two factors, we felt that the latter hold greater sway given the attractiveness of the wireless connectivity market globally.
Segregation of the two-business segments was driven by the differences in the valuation matrix (net tangible assets vs price earnings ratio) and risk (financial and business). Market would be allowed to evaluate and value the wireless connectivity segment once the monetisation is completed. Should the wireless connectivity segment, which will be the sole business, continue with growth and profitability we believe the market (both shareholders and investors) will accord the Group the appropriate price-earnings multiple and liquidity.
https://links.sgx.com/FileOpen/PMD-Respo...eID=811223
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.