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ABRIC (7061) : ABRICS-A Net Net in forming?

It has announced RM0.30 payback, look at the circular, worth around RM0.50 after dividend proforma. so is it worth RM0.80 now? RM0.70 still has 14% upside. After selling, no core business like Jobst, yet it will has lots of cash in hand. So?

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