Undervalued. Mid term positive gain.

CMSB recently reported a net loss before tax of RM23.4 million for Q3 2024, influenced by an unrealized forex loss of RM74.9 million. Excluding this, its normalized profit before tax (PBT) for the quarter was RM51.5 million. The company’s book value (total equity) is approximately RM3.55 billion. NET asset per share (NAPS), approx value at rm3.00 is still a bargain vs the current price (rm1.15 to rm2.00). Hence Reward over risk is worth for investment. My view is collect them for mid term (2Q period). Just sharing and do your due dillengence for any investment.