POS Malaysia stake... sold to....?
Well, Khazanah will have its board meeting today to decide on the successful bidder for its major stake in Pos Malaysia....
Sources mentioned that only DRBHCOM and Scomi were the finalists that will be considered by the board. For those who have been in the market long enough and have done their homework will know that between the 2 companies, DRBHCOM will emerge the winner.... 90%... Why I said so?
All these are relative comparison which favours DRBHCOM:
1) Good corporate governance
2) Strong balance sheet and financial capability
3) High ability to unlock Pos's value - value and profit maximization
I would be very dissapointed if Scomi emerge as the winner.
Regardless, whether DRBHCOM gets the stake or not, it's stock price is still valued at above RM3 no matter which method you use to assess and evaluate the company.
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