Risks exist:
❌ No dividend history
❌ Core operations cash flow negative
❌ Low liquidity / thin float
❌ No analyst coverage
But at 0.124x book with IDR 862B real cash vs IDR 370B market cap — the discount already prices in near-total failure.
DYOR: Not a financial advice.
🇮🇩 $LPLI.JK — One of the most extreme valuation discounts I've found on IDX.
P/B ratio: 0.124x
You're buying IDR 1 of assets for IDR 0.12.
#IDX#ValueInvesting#LPLI#Stockbit
Thread👇
Balance sheet:
✅ Debt-free (total liabilities: IDR 5.88B vs IDR 3.27T in assets)
✅ Current ratio: 65x
✅ Zero bankruptcy risk
✅ Equity grew +240% in 4 years
Graham called this a "net-net." This one is extreme.
@LudovicDupin@TristanKamin C'est vrai que dans l'ecologie faut payer tout un tas de trous de cul qui ne savent pas ce qu'est un watt, un joule ou n'ont même pas une simple notion de ce qu'est le rendement.... Ça a un coût !