US Tech stocks trending down

Yowza. Agreed with u. Totally uninspiring EGM. Simple question relating to company info disregard by the Secretary. At any AGM shareholders question will be answered by the Board.but not this EGM meeting. Any body can sell or disposed off company business but as pointed out is it at distressed pricing or what we called fire sale. We minorities are left in the dark

In any election there is only 1 winner but the way the EGM votes was handled and scrutinized was put it mildly all in favour of the incumbent and odds against the challengers. Win at all cost is their motto

EGM ends in controversy. Always possibilities of a either parties disputing the result and going to court

Holding well at 20. Low volume & no bears watching

KNM total borrowings 2.5 billion

Remember EGM on the 16/10 {Monday} at 10 am. Exercise your rights as a shareholder.

To be fair Borsig is involved in a highly competitive boiler & component processing parts manufacturing business. In Europe business is not exactly booming. Due to external conflicts and challenging fiscal factors . This is partly contributed to lack of suitors for the Borsig. Remember KNM bought over the Borsig business for the past decade. Not to mentioned KNM is cash strapped and carries a loan of 2 + billion which need to address immediately. Not an easy rask.

Everything is not so straight forward. Initially, the Borsig price { 2 years back } was agreed at 220Million Euro. But the deal fell thru despite numerous timeline contract extension. Now they mentioned Borsig valuation is worth 300 -320 Million Euro. Without prejudice this may or maynot be termed as asset stripping selling at depressed pricing. Just exercised your rights and vote a the EGM

Goggle but nothing so far come out or updated on the Borsig road show for their proposed listing on SGX. Borsig is basically a boiler supply firm , supply of component and processing parts based in Berlin , Germany. KNM bought over the firm in 2008 under Lee Swee Eng { founder of KNM } .it was mentioned in at back in 2021 KNM proposed to sell off Borsig to pay off their debts.Later the ink deal was called off due to certain signed terms not fulfilled

Hostile takeover for foreigners not easy. You need a strong local partner or institution to back you. You need to accumulated a very substantial shares of the company to gain control. Look at KLK even buying a majority stake yet very last minute the takeover failed. just wait for the EGM

Race , Religion and Government plays a big part in Malaysian business context

Market pricing in Wall street jitters. Not a good sign if market drop 6sen .next day rebound 2 sen. Technically a black candle stick means selling pressure { bearish signal } need to wait this afternoon closing

Strong support at 4.00.

Looking at the chart . Doesn't look good. Trending downwards. KLCI support at 1400 may be tested. Budget hopefully may have potential of nudging up certain index linked counters. Prepared for a rough landings whether Jerome Powell says otherwise. His thinking's and policies all outdated. US may be hard hit hard by his high interest rates regime , with high oil prices inflation is a sore thumb, unemployment may be on the uptrend, Both Biden and Trump doesn't jell with any sound economic policies. Not forgetting US debt is at its historical level. Trade war with China & Russia . Funding of Ukraine war chest put any recovery plans on the sidewall

Yes agreed with Evo. Lim Keng Cheng is a proven CEO. Lim Kang Hoo more as a self motivated vested business owner. KC and the Kang Hoo each have different ideas on Ekovest. Now you know why KC call it quits and sell off all his own Ekovest holdings.

Knusfor getting cash generating construction arm. ekovest berhad getting the land ito be paid in cash and shares. Win win for the seller

Sentiment more positive 4Knusfor vs Ekovest. Ekovest share base many times bigger vs stepbrother

The announcement is positive for Botak Lim. Total control over his group operations & direction. A cash cow ATM for Botak

Based on EWI press statement issued on 29 Aug. 27% of the EWI shares are owned by Eco World capital { thru wholly owned subsidiary of Evo world Development } The second biggest block of shares is owned by GLL EWI { HK } ltd a wholly owned subsidiary of Guocoland Ltd controlled by Quek Leng Chan { HL group } Tan Sri Liew direct interest is at 10.27% plus indirect interest of 1.24% = 11.51%

Go 4 it. At 30-31sen quite safe

Tan Sri Liew consolidating his EWI under Ecoworld capital. Preventive move since Guocoland ( HL group } thru GLL EWi is the single largest holder at 27%. For standard accounting practice you need to hold above > 30% before you can consolidate the share under your group. You need a tax professional to work out pro and con before triggering any GO under our local bursa rules

Good .just buy & keep. 38 sen { less 6 or 8 final dividend } holding cost 30 sen with more coming

So funny guy. If you are not happy, don't hold the share. Just sell off why continue to cried wolf.

What"s important Management paying the excess cash reserve back to shareholders. 33 sen on 29th Sept plus another 6 or 8 sen coming at end December

Agreed. Used IPO proceeds to buy the UK land when the pound is low. Sell the properties upon completion when the pound is strong. Good timing and business sense

EWI now at 33 sen not the IPO offer price 1.20. Who knows another buy out by the management or related parties Just guessing what other possibilities and looking at Ecowold vs EWI

PP only reserved for selected preferred investor (s} not to general public. No need to reveal the names
of the selected

The big shark has goreng up the share price from a low of 38 in July to recent high of 60 sen. A return of 22 sen { +57 % } over 2 months. Ikan bilis become their feedstock

Turnaround in 2025 when their Indonesia plant expansion is completed.

Based on EWI news announcement. Their board intends to return back app. 900 million of the company unutilized cash and shares
account reserve back to their shareholders thru cash distribution. The first tranche of 33 sen was part of the announcement make by the board the previous week. Simple back to back calculation. Initial IPO pricing set at 1.20 { less out 15 % incurred and accumulated losses of 18-20 sen } the past 2 years. Still have around 1.00 or 90 sen par value .Any revaluation of their current real estate assets may bump up the reserves. They have the means especially EWI project's earnings in UK . { Favourable exchange vs our ringgit } just a simple and simplify back to back calculations. Oh ! Buy at 73 collect back 33 sen . Next 1-2 years maybe more distribution is forthcoming. EWi fundamentals are on an uptick . But things can change . nothing is so straight forward. Have a great trading day

Yes Kevin this is a golden opportunity.

Look at the entitlement date. XD on the 8th Sept and payment date on the 29th Sept. for FY 2023. first interim dividend payout of 33 sen . Final dividend pay out will be announced after the FY October closing.

Not a good sign if slid below 15-16 sen price range. Apr -Jun result coming out before end August

Good luck bro...... Take the right flight. Don't hop on south flight

Never catch a falling knives. 3qtr Fy 23 ending Sep.finacing cost on the 11 billion kicks in

LCtitan in a deep sink hole. 10 year financing for app USD 2.5 billion for their Indonesia plant expansion. 2.5 x 4.6 = 11.5 billion MYR. Yearly USD interest rate at 5% pa plus currency conversion. You work out the figs

2 Qtr result ending FY Jun 23. LC titan reported another wider nett loss of -313 million. 3 Qtr ending September is not encouraging going by the tone of the company board & management.

Drop like a Batu. KLCI up +50 points for the past 4-5 days . Market sentiment improving. But this Aimflex drifting aimlessly and worse trending lower and lower

Tesla cars are play toys for the rich. flashing a model in your bungalow with something new

Coming qtr result ( Apr -Jun } to be announced at end July . Doesn't look good going by past result.

Yup. Look like pump and dump

Punters will be very very happy if Genting can touch 3.00. 50 sen profit per lot { 20 lots x 50 sen = $10,000 } 20% earning vs capital investment of $50K

Drugs patent needs a long period of time for incubation & testing before FDA approval. This category of medication all controlled by the boys. New start up even with deep pockets set face many hurdles

Luckily strong support at 83. If support break expect more downside .

Bad for our minorities. 8 million Esos shares priced at 45 sen listing tomorrow { i.e. 11/7 } more selling pressure tomorrow ?

Sudden share disposal by the key shareholder not a good sign. He know something ???

Buy ...PBb for .long term

Yes. Cost of fertilizers is lower but CPO price has fallen off the cliff. All plantation companies has reported substantial 80% -90% lower profit Y -0-Y their current qtr. IOI , Bplant, FGv

Chart wise.netural with downward momentum pressure