the above from Bursa Announcement dated..22 Oct 2021

The ICPS may be converted into new Minetech Shares based on the following conversion modes:

(1) Cashless Conversion by surrendering 4 ICPS for conversion into 1 new Minetech Share; or

(2) Cash Conversion by surrendering 1 ICPS and cash payment of RM0.09 for conversion into 1 new Minetech Share.

#hohlaiyet88... the conversion price is also 1 PA+9 sen. (PA issued at 3 sen) so if mother share above 12 sen than every 1 sen mother up PA up 1 sen.

Looking bullish. Tech Analysis looks good for a rebound.

When TunM goes down will BA another Astro?

BA at 50 looks like there is 2 play...

Sudah mati la. No dividend also. Must have a good reason for not paying any dividend.

Is TG selling all the Gloves to Msian? TG needs any infection to be global before it can enjoy the profits. If just local noting will happen.

Best to value Armada on DCF valuation as it's not an infinite life bz. Each of its 4 FPSO has its own life... all depends if something new happens. If nothing new, they just return the net cash balance to shareholders. (Potential 1.50 to 2.50 over next 4 to 10 yrs). CGS Analyst report has the numbers. AK already old better let current contracts expire and close shop. All JVs sell to Indian Partners.

Akai, is a surprise.. but let's see if there will be any development in the near term.

Oil going lower, dragging BA lower. Instead of seeing BA price, better see Oil price. I don't think this fall is operation driven, i.e., ASV. More like BA prices falls = Oil price fall.

With YTL as shareholder, Ranhill will surely go up. Just be patient. It will pay off handsomely. Relax la..

i3lurker buys in RM100s of millions per day. His trade can move not only the stock but also the index. Pls show some respect to i3luker. We just ikan bilis here.

With YTLP up...Ranhil will fly higher. Let's wait for 1.50 soon.

Mable will be averaging down. U always can't buy the cheapest... what if bounce from 47.5?

I think Swak will take care of themselves vs the shareholders... like how EPF is selling also....with Ur post today U could see some BIG Insti/ retail want to sell. This stock is a dead.

Technically, BA looks really bad as it hit 50 sen today. Anyone can advise where the next technical support is.. or still maintain 50.5 sen as a good support base. Some tell me support 48 sen and resistance at 54 sen. 50.5 sen is the base now.

Tq EVEBITDA for your thoughts. Thanks for sharing. Can I summarise that ASV has minimal impact on BA on financial other than reputation issues?

Hi Niki, from what I understand, the USD980M loan was taken by ASV and has no recourse to BA. BAs loss is just the equity of USD30M. They can easily sell the equity to their partner and walk away. Also the contribution to BA from ASV is too small as the DCR less Opex will b used for repaying ASVs 980M loan for the first 7 to 9 years.

AS V, is a 30% associate company. BAs investment is AS V is only USD30M or 2.5 sen/share. AS V, debt of USD948M is not reflected in BAs books, and it's a project debt, i.e., no recourse to BA. Accordingly, the contribution of AS V to BA is also minimal. Projected CF to BA is also minimal as AS V will only contribute CF to BA after 7 years. Obviously, it's good to have a successful project but this is not Karken where the impact is BIG.

Well said, Niki. No one expected Karken failure too. Hence the reason it trades at a discount to fair values.

😁

Can buy at any price if U r long term holder. Casflow solid.

#risk8888, I like ur theory..hahaha

Technicals very UGLY. For traders, most will sell. Investors stay cool and collect more.

Oil down Dnex down

https://theedgemalaysia.com/node/692194

Why it got removed?

Will sell tomorrow morning...any taker for 16.80? Bought at 16.80 before DV sell at 16.80 after DV... hehe hehe... breakeven?

#MOBA... I didn't say CPO will be 2500 anytime soon. My advice is IF the CPO goes to 2500, UP can pay max 1.00 if U are still happy.. just hang on and in the meantime collect the high DV whilst CPO stays above 3000

All depends on your view on CPO price, too. But if you are prepared to sit on RM1.00 annual DV if CPO is down to 2500, just buy and keep over time better than buying a property for investment.

The risk associated with O&G.

Kuku posted the same in all plantation company. Hope he is making money. Good luck to him.

1.20 is a done deal.. probably 1.50 for the 8 long years...

Every quarter, the value increases by 3 sen... with firm contract of 10B and Option of another 10B... just sit and enjoy the ride. Enterprise Value (EV) today is 8B.... in next 2.5Y debt fully paid... and price will be 1.20 to match the same EV. That's 20% yield... buy and enjoy the ride

#MM78... just buy and keep... buy more... low price good for us to buy more.

The name itself says Sultan Iskandar....

#kohcl, yes, u r right. But the 37M shares bought under SIPP, pls see the announcement. So SIPP is still active, and Johor Royalty is still involved.

YTLP recently bought Ranhil via SIPP power, i.e., its JV Co with Sultan Johor. Looks like the deal with Ranhill is a done deal with the support of Johor royalty. Ranhill to go big into power and data center in Johor.

#speakup... I didn't bring Sultan into Ranhill but YTL did. Pls see the change of shareholding announcement in Ranhill.. and you will see buyer was SIPP.

YTLP recently bought Ranhil via SIPP power, i.e., its JV Co with Sultan Johor. Looks like the deal with Ranhill is a done deal with the support of Johor royalty. Confirming YTLP's big entry into Johor Water and Msian Energy business.

Go go Ranhill, pls run up the hill tomorrow.

SG and US market is the driver. Both did extremely well. 1Q = 500M, 1Y = 2B... annual eps 50 sen. Rm5.00 easily soon.

BA is on uptrend let enjoy it.

#macfyver11..I have deleted my post if the joke had offended anyone. Sorry, everyone. Anyway thanks #niki for the update.

No GO for KUB shares.

Tq #Felice888

Tq niki, pls update us if there is any development. I don't think BA may make any announcement, and if they do, it will be after a few days like they always end up doing.

Goreng goreng also those who want to sell can sell. Happy investing.

Even if first oil is out today, India is 2.5 hrs behind. Also is there a requirement for BA to make an announcement? Is it significant, especially when ASV is an associate company. Does anyone know the daily charter rate for ASV

UP always sells 3M contracts. They don't do spot. Unless they changed their plans and started spot. They know their bz better. We just collect the DV and enjoy our cold beer.