Monday, July 4, 2011

Greenyield shares crossed at 30% below market price

KUALA LUMPUR: GREENYIELD BHD [] saw 60,000 shares crossed at 30 sen apiece in the morning session on Monday, July 4 which was a sharp discount to closing price of 43 sen last Friday.

At 30 sen, this was a discount of 13 sen or 30.23% below the Friday closing of 43 sen.

The Ace Market listed company posted net profit of RM2.73 million in the third quarter ended April 30, 2011 versus RM4.14 million a year ago. It had cash of RM12 million while its net assets per share was 27.08 sen.

The company is involved in PLANTATION []s and also manufacturing of plastic products.

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