Q1 not so good, but still make profit..better than last Quarter ( Q4 ) but not from last year Q1. can collect from now..maybe will go below 80 sen and then hovering between 80 to 90 sen..
Q2 will be same like Q1, but in Q3 there will recognise sales of aset ( turbine ) worth 19mil USD ( RM76mil ).
Hope for better result and dividend this whole year.
Between MMC and Malakof Corp, they hold 40% of the total shareholders equities. Suspect there will be high activities on this counter as well. Objectives is to increase shareholding vales. Good luck guys.
Malakoff was taken private in 2007 and relisted in 2015 IPO at 1.80/5bil shares It has been trading at ~0.85 all time low for many years now. With yearly dividend rate given out at 5-6%, SM Akbukary might consider taking it private again to create more liquidity/funding. Market cap of malakoff is even higher then MMC. It was either MMC or Malakoff to be taken private. Many banks/funds can provide better debt facility at lower 6% dividend payment given out. Similar situation for good companies in KLSE as liquidity opportunity is limited. Ananda Krishnan has the same problem as well.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
greedy44
735 posts
Posted by greedy44 > 2021-04-30 17:45 | Report Abuse
Syed Mokhtar....stop counting your own money !!