PROPERTY developer Mutiara Goodyear Development Bhd has been attracting a fair bit of speculative play in recent months. And the share price has risen significantly on the back of such market talk, reaching a high of RM2.08 in February, despite several denials from the company.
While the stock has clearly attracted punters' interest, property analysts, on the other hand, are far less enthusiastic. They say there is no compelling reason to favour the company or its irredeemable convertible unsecured loan stocks (ICULS).
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
