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  37 people like this.
 
qqq3 problem with your argument, slayer.........


people think Insas gives them huge gains, value investing magic......

but delivers dead cats.........


OG and technology is different....OG and tehnology delivers what has been promised...which is excitement and money..........

ps...I am pivoting from OG to technology...........
13/09/2019 4:16 PM
Sslee Hahahaha
qqq3 make it count. Don't waste all your talking with a small position, make it count! “Sailang” + margin finance like Philip in Pchem.
13/09/2019 4:36 PM
qqq3 people who sailang and margin on Dayang and Carimin did the right thing this year................Armmada too............
13/09/2019 4:47 PM
qqq3 slayor..want to play OG, play Dayang, Carimin and Armada....why play other OG?
13/09/2019 4:53 PM
deMusangking aiyoh, i play ahmoi!!!!!!

hahaha
13/09/2019 5:02 PM
deMusangking ONE THINGS IS FOR SURE, IF INSAS DECIDE TO DISPOSE INARI, INSAS SHARE PRICE WILL SHOOT ABOVE RM 2.00 BCOS THE INARI INVESTMENT IS WORTH MORE THAN THE WHOLE INSAS CAPITALIZATION MAH...!!
-------------------------------------------------------------------------------------------------
stockraider in dream land!!!!!
he will shout undervalued gem even in his tombstone.... 10, 20, 30 years !!!!!

haha
13/09/2019 8:37 PM
Sslee Hahahaha
deMusangking, long weekend not going for ahmoing in Genting?
13/09/2019 9:08 PM
stockraider I will say insas is a much safer and better bets loh...!!

Why ?
Insas hold 599m inari shares that means 1 insas equal to 0.86 inari or inari share worth rm 1.49 per insas share mah...!!

Beside u get the rest of insas for free like its rm 300m nett cash, its stockbrokings, its money lending, properties and the its many other businesses for free loh....!!

Inari will also benefit from super semicon revival if it do happen loh.....!!

Insas is a good passport of future $$$$$$$$$ gain on inari mah...!!

Posted by stockraider > Sep 14, 2019 11:49 AM | Report Abuse X

good value but very volatile business loh....!!

Posted by Icon8888 > Sep 14, 2019 11:47 AM | Report Abuse

Btw very happy with MPI

Thinking of buying more

The big tech wave is coming

Next few years semicon is Super play
14/09/2019 12:02 PM
deMusangking Insas safe because
Past = present = future!
Haha
14/09/2019 1:36 PM
stockraider Insas investment strategy is just talk less & quietly accumulate loh....!!

sslee is right loh.... insas is a gem loh....!!
14/09/2019 3:17 PM
deMusangking Posted by stockraider > Sep 14, 2019 3:17 PM | Report Abuse

Insas investment strategy is just talk less & quietly accumulate loh....!!

sslee is right loh.... insas is a gem loh....!!
--------------------------------------------------------
look below:


Stock: [INSAS]: INSAS BHD
Sep 13, 2019 8:00 AM | Report Abuse
Junqi
I bought Insas in 2015 at 78 cts. After 4 yrs now 81cts



investment strategy??? after 4 years only 3 sen increase?????





Implicit meaning in Jungi’s comment:
newbies, pls avoid this stock!!! if u buy, u will be shouting “Insas is the gem on Bursa Malaysia.” even at ur tombstone!!!!




haha
14/09/2019 3:23 PM
Sslee Hahahaha
Luckily Jungi never go and chase those high high O&G stocks in 2015 or else he will be looking at big book looses.
14/09/2019 3:57 PM
deMusangking aiyo, why u try to sidetrack the issue? or
r u so dump to understand the conveyed meaning!!????????????

whateverlah .... excusable for one with little gray matters!!!!!

buy high doesnt matter!!! if it is a gem!!!!
but it matters if it a pebble!!!!!!


haha
14/09/2019 4:02 PM
Sslee Hahahaha
deMusankking so free today? Not ahmoing in genting? Must be kena burnt in stock market last week?
14/09/2019 4:05 PM
Junqi If you bought insas 5 yrs ago and kept it till today you would have lost quite a lot on money
The next asset is up but the price down -inverse relation
17/09/2019 8:25 AM
deMusangking sslee n stockraider call the stock gem when it is a pebble?????


hahaha!!!
17/09/2019 8:49 AM
stockraider Insas performance very stable & steady $$$$$$$$$ coming in soon loh..!
17/09/2019 5:06 PM
deMusangking Junqi If you bought insas 5 yrs ago and kept it till today you would have lost quite a lot on money
The next asset is up but the price down -inverse relation
17/09/2019 8:25 AM
17/09/2019 8:44 PM
deMusangking a gem????? stockraider trapped in insas lol!!!!

haha
18/09/2019 9:38 AM
deMusangking Just a moment!
Stupid People tend to be Smart
Acting as if They are better!
Many people are in this category
Like Stocktrader and Sslee!

Saying this is a Gem
When its weight keeps it Sinking!
When it should be a Pebble
But they didnt realise their stupidity!

haha
18/09/2019 9:52 AM
Sslee Hahahaha deMusangking,
Stupid people act smart.
Smart people act stupid.
So are you stupid or smart?
Are you act smart or stupid?
18/09/2019 10:28 AM
deMusangking Sslee,
console urself.. you ate less stupid than stockraider!!!!

haha
18/09/2019 11:18 AM
stockraider DON BE SILLY N BE AFFECTED BY ALL THE NOISES LOH....!!
INSAS IS CLEAR CUT $$$$$$$$$$$$ GAIN MASUK POCKET COMING LOH...!!

NO...NO...PONDAN CUT WINS MAH....INI KALI MAH....!!

THIS WILL BE THE BIGGEST WINS FOR SSlee IN HIS INVESTMENT HISTORY LOH....!!

RAIDER ADVICE EVERY ONE TO JOIN THE INSAS CELEBRATION B4 TOO LATE LOH....!!

Posted by dragonslayer > Sep 18, 2019 11:21 AM | Report Abuse

Aiyo...smart or stupid is ok...but...dun be a shit lah...like the dragonshit...lol...what a joke call sendiri shit pun ada one...lol...bapashit...anak pun shit juga...lol...wakakaka...kikiki


Posted by dragonslayer > Sep 18, 2019 11:27 AM | Report Abuse

Aiyo..Tibet Monk more clever lah....at least he cutwin insas 3x b4 mah....lol...dunno he still that clever or not...BLand still holding tight tight lagi kah...mau delist liao kah...VT own more than 85% liao leh...aiyoyo...kikiki
18/09/2019 11:37 AM
deMusangking stockraider,
sslee is less stupid than u!!!!

hahaha
18/09/2019 2:14 PM
KAQ4468 aiyaaaaaaa


kah kah kah
18/09/2019 2:22 PM
stockraider Remember if u have 1 insas share u have exposure to 0.85 inari loh...!!

So remember loh...if u hold 1 insas at cost of rm 0.81....u get equivalent exposure worth of Rm 1.50 inari investment(base on inari rm 1.77) loh...!

Guys pls check whether this is true leh ?

So very safe to invest in insas as a proxy to inari loh....!!

Posted by GooShen > Sep 18, 2019 7:27 PM | Report Abuse

Just a fake rebound. Why so happy? Often ppl got trap because god want to vanish you, will make you crazy first. Trade war will get worse, you touch tech stock, you reach holland faster.
18/09/2019 7:46 PM
deMusangking no investors want to buy leh..???????

stockraider is a bad salesman leh!!!!!

haha
19/09/2019 9:14 AM
deMusangking stockraider sausage is RED now!!!!!

haha
19/09/2019 10:44 AM
682pujut2b The 5-year CAGR of Insas share is -7.7% p.a. (2014 share price was around 1.25). The full history (32years) CAGR is only 0.39% p.a. ! (Note: CAGR = cumulative average growth rate per annum in share price).
ROE and ROA are low at 5.5%, ROA 4.1%, in conjunction with very low dividend given out over the long history show poor management of the public equity.
A review of past annual reports show that 568 million Insas warrants (4/1999- 4/2009) expired on 26/4/2009. At time of expiry 4/2009, the major shareholders owned less % warrants than their % of mother shares which appeared to indicate that major shareholders sold some warrants before expiry, thus collecting money from the public in the open market.
If there is something to learn from history, my guess is that it would be very unlikely that major share holders would have any interest in exercising the 2015-2020 warrants (expires 25.02.20) they are holding now.
In view of the above, my guess is insas share price is unlikely to rise up to the warrant exercise price (RM1.0) before 26.02.20).
19/09/2019 12:52 PM
deMusangking 1.meaning to say
past > present > future!

2. meaning to say
warrants will be roasted like KFC!!!!!!!!

haha
19/09/2019 2:39 PM
Sslee Dear all,
From 3iii, “The worse philosophy is to go for gruesome companies which by definition cannot grow its intrinsic values consistently and with high degree of probability over the long term. Just look at Insas, PMCorp and many others touted by the kings of deep value investing in this forum.”

I list down the below for 3iii to tick as his measurements/reasons why Insas is considered as gruesome company:
1. Keep too much cash especially the one in gruesome AUD
Deposits with licensed banks and financial institutions: 554,786,000
Cash and bank balances: 94,273,000
Interest income: 19,969,000
2. Holding to much gruesome mark to market financial asset mostly quoted securities:
Financial assets at fair value through profit or loss: 234,233,000
IGB REITS, Omesti Berhad, SYF Resources Berhad and Oversea-Chinese Banking Corporation Limited.
3. Lending too much money to VIP clients and charging a gruesome legalized Ah Long interest rate.
Trade receivables: 443,088,000
Category of loan receivables Secured: 267,455,000 and unsecured: 30,161,000
4. Gruesome internal lending: amount due from associate companies 89,571,000
5. Gruesome financial control with current liabilities:
Preference shares 130,106,000
Hire purchase payables 28,791,000
Loans and borrowings 281,654,000
Interest paid (24,881,000)
6. Gruesome associate companies:
Associate companies 437,420,000
Listed associate: Inari 19.19%, Hohup 12.2% and DGSB 25.48%
Unlisted associate: Melium group 43.4%, Winfields 40%, Numori 42.6% and others
Share of profits less losses of associate companies: 44,083,000
Dividend received 42,999,000
7. Gruesome Investment properties: 187,658,000
8. Gruesome Property, plant and equipment 161,021,000 mainly cars for rental, corporate long lease, office equipments, office building and etc.
9. Gruesome Intangible assets 26,047,000. Broking and loan shark license.
10. Gruesome Financial assets at fair value through other comprehensive income 22,971,000. Mainly long term bond.
11. Gruesome former CEO Dato’ Sri Thong only give 1 cents dividend
12. Equally gruesome newly appointed CEO Dato’ Wong only increase dividend to 2 cents
13. Gruesome 10 years continue profit record and NAPS growth.
https://klse.i3investor.com/servlets/stk/fin/3379.jsp?type=last10fy
NAPS: 2.62 with CAGR of 8.86%
14. Gruesome growth or negative growth of revenue as profit is now driven by associate companies.
15. Was promoted and still promote by 3iii gruesome nemesis stockraider, thus it must be gruesome stock
16. Market must be efficient hence a low PE must be a gruesome company.
17. Gruesome excuse of Dato’ Sri Thong and PAC hold 32.96% and thus unable to do share buyback that will trigger threshold of 33% MGO
18. Was a gruesome company in the past hence must be a gruesome company now and in future.
19. All of above.

Thank you
19/09/2019 9:42 PM
stockraider U need to understand what is gruesome companies loh...!!
Insas is not is gruesome, it is a growth company mah....!!

It is profitable & growing for the past 10 yrs mah...its shareholder funds has grown to rm 2.62 per share all thru steady profit accumulation every quarter without fail mah...!!

Insas business model is like berkshire hathaway mah....if u compare carefully insas with berkshire it is as good as berkshire if not better loh....!!

So don be sochai to simply say insas is gruesome....it is not loh...it is in fact a very good margin of safety stock mah...!!

Posted by 3iii > Sep 19, 2019 10:43 PM | Report Abuse

It is better to avoid gruesome company at any price. Unless, you can, on your own or with others, influence the management to implement some of the ideas you have to realise its potential value. Where are the catalyst for the re-pricing and when?


It is better to stay with good or great companies.

In the early Buffett days, he was able to find good or great companies selling at bargain prices. Read the many articles of his buying and selling of such companies in his early partnership years. Due to the severe depression, he was able to buy companies at below their liquidation or asset prices. These were also good to great companies.

If you listen carefully to Charlie Munger, these good to great companies are now priced differently. You cannot get them at those prices, namely below liquidation or asset values. You have to DCF to value them by projecting their future free cash flows. Charlie added that that is exactly what Buffett is doing today mainly.

Just to illustrate:

Imagine in 1929, companies the equivalent of PBB, Nestle, DLady, Guinness, etc. were available in the stock market at below their liquidation values or net asset values. Buffett had a field day during those wonderful time using his Ben Graham value strategy.

Imagine again, in the 1970s and subsequently, these same companies were no longer trading at such valuations. Their superior economics are noted and recognized in the market. They are all trading above book value and certainly above liquidation value. If Buffett has not changed, he would not be able to buy these wonderful companies at the prices he would like to have using his price of below liquidation or asset value. The rest is history.
20/09/2019 8:58 AM
682pujut2b Consideration of possible unspoken philosophy/ belief of controlling business owners / management of a listed company may be helpful in knowing whether public share holders could benefit from the intrinsic business value. Good listed companies are those whereby the business onwers worked hard for and reward all shareholders.

The Thong family and their close associates have over the years built up to own more than 55% of Insas shares at very cheap cost by virtue of low share prices.

It is perhaps not uncommon for owners of some listed companies wanting to own up to 100%, if possible, whilst minimising their own money input. There are only two ways public investors/shareholders can benefit from a listed company, namely the share price and the dividends given out, both of which had not been realised in the long listing history of Insas.
20/09/2019 9:48 AM
deMusangking meaning to say past > present > future??????????????????

haha
20/09/2019 9:55 AM
stockraider Look at the simple nature of human loh....!!

If i ask people to chose between a bmw v perodua definitely people will chose bmw when price is not a consideration loh...!!

Lets wake up....there is no such thing as no price mah or price is not a consideration loh!!.. So if price is added in as a factor....most people will chose perodua loh...!! This is what we call value buy mah....a very wise choice loh...!!

Likewise Insas hathaway is a very wise buy bcos there are huge value preposition mah....!!

Posted by 3iii > Sep 20, 2019 9:48 AM | Report Abuse

(Value investors: Benjamin Graham, Buffett, Walter Schloss, Philip Fisher, Joe Greenblatt, Bruce Greenwauld, Burton Malkiel, Charlie Munger, John Templeton, Peter Lynch, Seth Klarman, Charlie Munger, etc.)


Why have practically all value investors followed Buffett, preferring quality companies?

Maybe, when they are young and start out investing, they have an excessive desire to do well and make their mark. They tend to favour the cheapest companies, which on face value offer the greatest potential upside.

With experience and maturity, and after having stepped on a few booby and / or value traps (cheap companies in bad businesses, which languish for years, failing to create value) and their economic situation improves, their tastes tend to shift towards quality, even if they have to pay a bit more for it.


KEEP IT SIMPLE AND SAFE (KISS)

Successful investing is not magic, just keep things simple and maybe follow few investing and money rules of thumb and you’ll be fine in the long run.
20/09/2019 10:00 AM
deMusangking stockraider,
empty vessel is the loudest!!!

hahaha
20/09/2019 10:02 AM
stockraider Raider investment philosophy very good one mah....!!
Surewin mah....!!

Posted by deMusangking > Sep 20, 2019 10:02 AM | Report Abuse

stockraider,
empty vessel is the loudest!!!

hahaha
20/09/2019 10:05 AM
deMusangking stockraider must be hunch backed carrying a loadful of pebbles!!!!!

haha
20/09/2019 10:16 AM
deMusangking dragon, u 0 sense leh!!
even today green, he still red mah!!!!!


haha
20/09/2019 10:22 AM
stockraider Musang better go for eye check out loh....!!

Insas hathaway no cut wins....if u cutwin now...it is like cutting your kukuciao prematurely loh....let it grow bigger & longer mah....!!

Posted by dragonslayer > Sep 20, 2019 10:17 AM | Report Abuse

Aiyo...apa filosofi....surewin also need to cutwin lah....takda cutwin...mana ada surewin lah.....lol...aiyoyo...kikikiki



Posted by deMusangking > Sep 20, 2019 10:22 AM | Report Abuse

dragon, u 0 sense leh!!
even today green, he still red mah!!!!!


haha
20/09/2019 10:26 AM
stockraider Ok your bet is on loh...!!

Dlady Rm 58.10 v Insas Rm 0.815 loh...!!

Posted by 3iii > Sep 20, 2019 10:28 AM | Report Abuse

BMW versus Perodua This is a stupid example.


This is a better example:
DLady versus Insas

Over the next 10 years, which of these companies will grow your investment more?
20/09/2019 10:32 AM
deMusangking aiyo dragon fruit!!
u realli 0 sense!!!
told u alredi.. his sausage is still red!!!
u cant see meh?? sofr n lembit hanging down!!!!!

hahaha
20/09/2019 10:40 AM
deMusangking aiyo, u rrealli 0 sense!!!
how can he be green when his entri point > 0.90!!!!!!!

haha
20/09/2019 12:21 PM
Honeymustard Existing shareholders - Hold on as good things would come to an undervalued stock
Those considering - Grasps the opportunity iif you feel its undervalued or if a good timing to buy
20/09/2019 2:33 PM
RainT INSAS is undervalue ??

very funny
20/09/2019 2:36 PM
deMusangking according to stockraider...... insas is overweight as he is carrying a load of pebbles!!!!

haha
21/09/2019 9:10 AM
Leeeeeeeeeno SSLEE.NET/play==1674729Y169300sIZ
916

919
SSLEE.NET/play==1674729Y25968f8VR


NOW
SSLEE.NET/play==1674729Y47202gqtD
21/09/2019 3:14 PM
deSSLEEking 1797163y68551xzma
22/09/2019 3:26 AM
deSSLEEking 林佳音 1797163y68551xzma

INSAS is OVERVALUED
22/09/2019 3:26 AM
TianTianHuat Insas players why not take a look at PMHLDG - BUY BUY BUY... 0.065 sapu all already... Buy before it is too late for you guys & gals.... very fast it will go to 0.12. cheer!!! ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!!
22/09/2019 8:03 PM

  Be the first to like this.
 
stingray_ea let me add addition infor after VSA combine with XXX + XXB

genm well supported 3.02
if break 3.25 mean long term investor will jump in
strong momentum from institution buyer to 3.44.
Next target 3.74
22/09/2019 8:02 PM

  6 people like this.
 
smallvestor Hope momentum build up again like Dolomite after asset sale to Sunway.
08/06/2019 5:07 PM
k3nthiew strong buyer accumulating... high possibility to go above 30sen this round
10/06/2019 9:55 AM
calvintaneng All so clever?

Clap clap clap!!

Someone whataspped Calvin buying MUI Bhd at 16 sen. That was very clever

BUT anyone bought Mui Bhd at rock bottom fear time at 12 sen?

Wahaha!!!

THE ones who bought Mui Bhd at 12 sen were really sorchai

Now sorchai making almost 100%


Sorchai clever
10/06/2019 10:07 AM
calvintaneng 90% of the people are so clever?

Only 10% sorchai?

Sorchai survived and prosper while 90% OF SO CLEVER PEOPLE EVENTUALLY LOSE MONEY

HOW COME LIKE THAT?
10/06/2019 10:09 AM
calvintaneng Wahaha!!
10/06/2019 4:14 PM
calvintaneng Getting stronger and stronger
10/06/2019 4:15 PM
k3nthiew Andrew going to tell good news...
14/06/2019 3:01 PM
Oleman what good news ??
14/06/2019 3:09 PM
thesteward Likely break .30 by next month . Now still cheap
17/06/2019 9:08 AM
Oleman Becareful. Punter already selling their shares. Muiind will back to 20sen again.
17/06/2019 2:56 PM
Oleman MUI's London Corus Hotel hard to find buyer bcos of BREXIT.
17/06/2019 2:57 PM
k3nthiew Here is what he said:

Before Rothschild’s appointment, Andrew reveals that the group had received an offer of slightly more than £200 million (RM1.07 billion) from an interested party. “We appointed Rothschild as we wanted to do a proper exercise in which we could the derive the actual market value for the asset and realise the best possible price,” he says.

The RM1.07 billion ballpark amount would help strengthen MUI’s balance sheet, given that its total borrowings, sans its cash balance, stood at RM588.95 million as at December last year.

A rough calculation shows that it could also result in a gain on disposal of more than RM800 million in MUI’s profit or loss statement, given the hotel’s net book value of RM256.47 million as at June 30 last year.
17/06/2019 3:42 PM
Oleman haha. u believe it ?
17/06/2019 3:57 PM
k3nthiew Yes... bcoz i am naive...
17/06/2019 4:40 PM
abcdGST Yes... I also believe it... bcoz i am naive and Sorchai!
17/06/2019 8:46 PM
Smallfry18 Yes i also believe.
19/06/2019 9:57 AM
TianTianHuat I only pocket money daily.... ha ha ha huiii!!! huiii!!! huiii!!!
19/06/2019 1:20 PM
TianTianHuat Slowly buy @ 0.08 lah... huat huat for sure lor.... ha ha ha huiii!!! huiii!!! huiii!!!
19/06/2019 4:45 PM
bbc99 Slowly and steady, slowly huat aah.. ha ha ha huiiiihuiii
20/06/2019 5:41 PM
bbc99 Steady and steady, steady and maintain there, steady huat huaaat!ha ha ha huiii. puiiii puiii
20/06/2019 7:34 PM
rohank71 losing stim. better run
24/06/2019 8:28 PM
PennyStock123 Stay on target....the wheel is turning....:)
26/06/2019 2:15 PM
multi530 losing gas,漏氣
27/06/2019 8:00 AM
TianTianHuat Whatever you guys do I just don't care, but just to let you people know by do IN out OUT in PMH or PMHLDG (1287) my pocket is just too Full now... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
07/07/2019 3:29 PM
wolf_wolf wolf! wolf! wolf!
09/07/2019 7:34 AM
bbc99 Wolf. Wolf.. Wolf.. The boy cried out for the third time. Hahaha... Huiii... Huiii..
Huiii haha.
09/07/2019 5:06 PM
TianTianHuat wolf...wolf & bbc99, go & take a look at PMH then you understand what is ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!.... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!! Whatever, money already much inside my pocket liao.. ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
10/07/2019 9:21 AM
TianTianHuat You all got Huat or not you guys know yourself the best lah... for TianTianHuat you just read the name you knew already lor.... ... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
10/07/2019 5:02 PM
martinchua88332 MUIIND will sell Corus Hotel Hyde Park in London for more than rm1 billion. after that the big boss will privatise PMHLDG . no point of keeping this small company listed .buy PMHLDG .

https://www.thestar.com.my/business/business-news/2019/04/30/mui-seeks-buyer-for-corus-hotel-hyde-park-in-london/
10/07/2019 8:16 PM
martinchua88332 expect small dividend or none after the sale of Corus Hotel Hyde Park in London.buy PMHLDG before privatization is announced.the capital gain will be good.
10/07/2019 8:32 PM
TianTianHuat No need wait for dividend, and no need wait for privatization - these are all non sense. PMH just given out a more than 1 for 1 Bonus to those Elite Trader from 0.04 to 0.085.... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!.... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!! Whatever, money already much inside my pocket liao.. ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
13/07/2019 12:00 PM
TianTianHuat for PMH the games is In Out - In Out and your pocket you will so Full lor.... No need wait for dividend, and no need wait for privatization - these are all non sense. PMH just given out a more than 1 for 1 Bonus to those Elite Trader from 0.04 to 0.850.... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!.... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!! Whatever, money already much inside my pocket liao.. ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
13/07/2019 12:01 PM
TianTianHuat This Stupid news

https://www.thestar.com.my/business/business-news/2019/04/30/mui-seeks-buyer-for-corus-hotel-hyde-park-in-london/

is already so old, it you depend on this kind of news that mean you are a Ta Poa personnel lor...

.. ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
13/07/2019 12:02 PM
888newbie They will sell Corus and pay off their debts. Then maybe some left for us.
24/07/2019 5:10 PM
moneykj Go for Kanger
07/08/2019 7:38 AM
multi530 waiting too long
08/08/2019 7:42 PM
firehawk Amid Brexit, want to sell, especially for good price, is not easy .....
09/08/2019 10:41 AM
mikeann https://www.freemalaysiatoday.com/category/nation/2019/08/26/nilai-being-considered-for-ecrl-station-assembly-told/
27/08/2019 5:03 AM
miker Obviously, who follow the promoters already kena con, quarter loss widen....
31/08/2019 12:28 AM
Fuzzycats Omg.
Guru said buy and keep.
31/08/2019 6:45 AM
wolf_wolf Revenue dropped 9mil to 391mil compared to last year 400mil.
Loss before tax for the whole year increased to 85.5mil compared to last year of 47.3mil.
Loss has widen.
01/09/2019 8:27 AM
multi530 when the disposal going to realise
04/09/2019 11:55 AM
TianTianHuat wolf_wolf will become puppy_puppy... cheer!!! ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!
04/09/2019 5:32 PM
TianTianHuat PMHLDG - BUY BUY BUY... 0.065 sapu all already... Buy before it is too late for you guys & gals.... very fast it will go to 0.12. cheer!!! ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!!
06/09/2019 12:34 PM
wolf_wolf Brexit pending, hotel buying also will be pending.
10/09/2019 8:15 AM
TianTianHuat Read lah.... .. ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!!


Laura Ashley still a viable investment for MUI
https://www.theedgemarkets.com/article/laura-ashley-still-viable-investment-mui
10/09/2019 10:57 AM
icecreamsoda all biz unit except property is losing money
11/09/2019 3:55 PM
Shootup wow tthuat so pitiful still guarding here, ady finished, qr result wont push price up for this yr, go look for other counters
19/09/2019 5:58 PM
wolf_wolf Of course he will say LA is still a viable investment. If not, nothing much left except disposing assets to pay heavy liabilities.
20/09/2019 12:46 PM
TianTianHuat wolf_wolf turn to PMHLDG lah - BUY BUY BUY... 0.065 sapu all already... Buy before it is too late for you guys & gals.... very fast it will go to 0.12. cheer!!! ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!!... ha ha ha huiii!!! huiii!!! huiii!!! ... ha ha ha huiii!!! huiii!!!
22/09/2019 8:02 PM

  Be the first to like this.
 
gbk5566 谢谢分享。
22/09/2019 7:55 PM

  Be the first to like this.
 
chinaman MY is unfortunately is a small potato whose fate hard to be neutral from both world largest consumers. MY is weak, thus have to depend on both to survive. We are no way in the best independent strong position to out from their shadows., unless we choose to be an isolated life like a Buddha monk life, who reject all form of development. So, we end up as puppet who serve masters at the end. wakaka
22/09/2019 2:35 PM
David that's not the point la. Vietnam, Taiwan, Thailand, Philippine even Indonesia also benefited from them, their economy improving. it is all about we under bad hand.

We need a PM has the ability mentally and physically to aggressively looking for ways to improve economy forwards. ours can only go backwards due to his character and his obsolete brain of 90s, we have no hope under him.
22/09/2019 3:44 PM
qqq3 if you look at HK politics, u should also be like me, happy and grateful Malaysia not that bad.......Malaysia has been lucky so far................................................
22/09/2019 4:07 PM
qqq3 like the cockroaches of HK, nothing can satisfy them , until western media is happy..............rick walker/ orange juice the cockroach of Malaysia...............
22/09/2019 4:09 PM
qqq3 rick..the level of your writings ( and logic) same level as cockroaches of HK lah.................
22/09/2019 4:15 PM
David nobody is as idiot as Ah Q in ancient china, and nobody is as idiot as 3q in i3 being Mahathir's cronies he has been eating his shits for years and addicted to him.
22/09/2019 4:19 PM
qqq3 david..Trump is American cockroach, he already taken over America.............

cockroaches in HK very fierce now.........u also want to be Malaysian cockroach?
22/09/2019 4:24 PM
qqq3 as for Mahathir or Anwar....well, they are not 1 MDB, that is good enough for me...........
22/09/2019 4:25 PM
qqq3 Mahathir ok but 95 years old...how long more he has ?
22/09/2019 4:27 PM
qqq3 I not sure Anwar can hold the country together.....so many people have deserted him over the years..............

Anwar's problem is credibility....tends to say 1 walk 2............
22/09/2019 4:30 PM
David Due to najib's 1MDB and long term BN's corruption history, whoever being put up as PM in PH would have won the 14 election. if the yonger generation knew who is actually the PAPA of corruption, PH would lose. Mahati knew he can make use of youngsters to support him in 15 GE, so he changed voting age to 18 yrs, his interest is not in country's wellbeing but to strengthen his power so that he could pass PM post to his Son. One year to a capable and smart PM who care about country would have made a lot of improvement in everyway, but we only see all rubbish talk about racism, politic, lesbian, bail out etc.
22/09/2019 4:38 PM
David How long Mahathir can survive is non of our business, to be in downtrend for more than 1 years would have killed off a lot of people financially. opportunity don't come twice, Mahathir was and is bad in economy, just looking how all GLC and his sons company being bailed out by the nation. and being billionaires, his family of 9 never donate a ct to the country which is in trouble instead getting more. We don't want to bear for him even 1 day.
22/09/2019 4:47 PM
qqq3 look at u , david....

that is the level of HK cockroaches.....simply write any thing that comes to the feeble brain of yours.....no need to be responsible, no need proof, no need to be logical, no history, no context, no nothing.....just being anti is the objective..............
22/09/2019 4:58 PM
qqq3 its fashionable to be anti....

but just like HK, more harmful than good.
22/09/2019 5:13 PM
David same thing will happen here, when the country economy worsen until like Greece, you will see all malay cant get anymore privilege, they will go to the street with Parang, worst then HK. mahtir and 3rd will have to hide in dog house.
22/09/2019 5:34 PM
qqq3 both mahathir and anwar camp would have people don't trust the other side..................but I think things will work out................

as for HK....david and rick, go there and throw rocks, not here in Malaysia........
22/09/2019 5:37 PM
qqq3 the problem with HK is too much politics and politiking since 97,,,,that is what is feeding the cockroaches.....just like the malaysian cockroaches david and orange juice.
22/09/2019 5:45 PM
qqq3 when people don't appreciate good fortune, it opens the door to bad fortune.
22/09/2019 6:02 PM
Sslee Dear all,
DSAI will be 8th Malaysia PM. Period. This is agreed by PH before GE14 and this is what we vote for PH in GE14.
22/09/2019 6:35 PM
David we have the worst pm, who feed shit to 3q to keep plp him. nobody agree to him. he took those shits like fortune and very scare when Mahathir gone, he will no shit to eat that's why he so desperate until he turned into a piece of shit himself.
22/09/2019 7:49 PM

  3 people like this.
 
dmksn Chart says nope !
30/08/2019 9:26 AM
valensi88 Year high is 031
30/08/2019 9:49 AM
rocketscience https://www.thestar.com.my/business/business-news/2019/08/31/power-plant-projects-back-in-the-limelight
31/08/2019 1:42 PM
Santiago Hmmm.. what is the power plant's project value? How would it impact Tadmax share price?
01/09/2019 2:08 AM
rocketscience RM3.5bil with 21 year concession, lots of stable future income secured.. go figure
02/09/2019 6:02 AM
Santiago Getting cheaper by the day...
03/09/2019 11:08 AM
mengcourt Wait till below .20 b4 buy buy
04/09/2019 7:13 PM
张晋荣 Seem like something going on and the price keep steadily going up... the charts say it may bring higher high soon..
06/09/2019 5:35 PM
张晋荣 Based on my chart studies, tadmax may trade higher as RSI & Stochatic pointing up with strong bull run. Our target next week at 0.355. Cheers~
06/09/2019 10:50 PM
valensi88 Reboundddd
09/09/2019 8:17 AM
Santiago Is this a sign of distribution? Looks like someone keep selling at 28.5
10/09/2019 12:46 PM
张晋荣 Let them sell at 0.28-0.285. See from the chart it is good supported and shall shoot up and cross 0.30 these 2 days. Cheers!
10/09/2019 6:57 PM
张晋荣 The IPP at pulau indah has get noded by the government. Will announce anytime this week. Cheers!
10/09/2019 9:42 PM
Santiago Really? Whats the target price?
10/09/2019 11:58 PM
张晋荣 Watch closely... it almost there...
11/09/2019 2:06 PM
张晋荣 @santiago i dont really trade this counter, but i got this info from a person familiar with this matter. It has been agreed by government and will be announce within this week.
11/09/2019 2:08 PM
张晋荣 Normally i dont advise any buy or sell, as normally people will sell on news. Anyway, congrats who still hold till now. It is a turn key to the company to get involved in power plant industry.
11/09/2019 2:12 PM
rocketscience Letter from govt confirming approval of the project has been issued... Announcement coming up!
11/09/2019 2:59 PM
张晋荣 Yes. Shall announce within this week.
11/09/2019 3:17 PM
张晋荣 Will cross 0.355 today before close market today...
11/09/2019 3:18 PM
Santiago Omg! Shud have just bought yesterday at 28.5.
11/09/2019 3:23 PM
valensi88 volume kaw2
11/09/2019 4:41 PM
Goinvest88 http://www.bursamalaysia.com/market/listed-companies/company-announcements/6280293
11/09/2019 5:12 PM
张晋荣 Watch opensys & mmag closely...
11/09/2019 7:39 PM
freddiehero wah lau.. wan fly liao?
11/09/2019 10:32 PM
HazByn trapped..
12/09/2019 9:49 AM
Ziko Ro Will push up after profit taking
12/09/2019 10:24 AM
Ziko Ro To maintain goverment project record in bursa must good performance. Will drive up forward.
12/09/2019 10:37 AM
Steven Liew Just buy & keep
12/09/2019 5:42 PM
Ziko Ro Good news. Somebody collecting big volume 31/ 32.
15/09/2019 6:50 PM
nickyeo55 Where do u get the information 6968 ?
15/09/2019 6:54 PM
Ziko Ro Refer volume chart
16/09/2019 2:19 PM
Shah9190 Wait and see.

In the next few month Tadmax as Independent Power Producer (IPP) will sign Power Purchase Agreement with Tenaga Nasional Berhad that will last for 21 year (minumum). Can extend up to 25 year.

It will guarantee Tadmax at least RM100 million fix income every month. Same like YTL Power received it in 1993 as a IPP.

For Power Plant project that will cost RM3.5 billion, it will generate fix income of RM1 billion per year.

With KEPCO from Korea, one of the biggest utility company in the world as a shareholder, this project will go smoothly
17/09/2019 11:23 PM
bjgdila123 agreed with shah9190 so we must buyyyyyyyy
18/09/2019 8:26 AM
nagachan With that kind of tariff, no way Tadmax will generate fix income of RM1 billion per annum. So please don't simply speculate. Why the counter price don't move on announcement but is going south. You don't need to be a rocket scientist to understand this. Tadmax won't even be able to get to financial close. No financial close means no project.
18/09/2019 8:34 AM
rocketscience @nagachan Why won't Tadmax be able to get to financial close? And what is the tariff for this project? Please share..
18/09/2019 12:37 PM
Ziko Ro No latest news about this counter. But tadmax have been confirmed to continue this project. Past 2 or 3 days very big volume. I think contra action selling time up.
18/09/2019 1:18 PM
bjgdila123 SAPUUUU 0.28
18/09/2019 3:52 PM
rookie95 6968 you mean the Power Purchase Agreement with TNB? How do you know its confirmed?
19/09/2019 9:26 AM
lee_m2020 I wonder why it is still going south.. Taking so long to move up. Does C***** S**** involved..?
19/09/2019 9:34 AM
Shah9190 A power purchase agreement (PPA) is a legal contract between an electricity generator (provider) and a power purchaser (buyer, typically a utility or large power buyer/trader). Contractual terms may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financing of independently owned (i.e. not owned by a utility) electricity generating assets. The seller under the PPA is typically an independent power producer, or "IPP."
19/09/2019 9:40 AM
Shah9190 Please refer to history of YTL power projext before this...how do they built a dynasty of riches person in malaysia
19/09/2019 9:42 AM
bjgdila123 sapuuuu ja good entry
19/09/2019 9:46 AM
valensi88 28 is a good support
19/09/2019 1:49 PM
DT8888 Accumulation almost done. Prepare to to go up soon. Stay tune!
20/09/2019 9:36 AM
DT8888 Looking at 0.33. Stay tune!
20/09/2019 10:04 AM
hancingPM next week will try 0.30 first.. n then will test 0.325. if pass 0.325. will fly high to 0.40
20/09/2019 9:40 PM
Chris Khoo Some quick notes:
Mizumi Residence Kepong - GDV about RM643million (via Wawasan Metro Bina) - very fast progress
Residensi Metro Kepong - GDV about RM274million (via Wawasan Metro Bina) - piling started July'19
If both to be fully completed and fully sold off by 2023 and pro rate - annual revenue will be RM230million; @NP6% = 13.8million (or quarterly 57.50mil, 3.45million)

Projects underr Wawasan Metro Bina alone now contribute to 80% of topline and 50% of bottom line....research in progress!!! the revenue stream will continue until 2023!!!
22/09/2019 4:15 PM
Chris Khoo 28.5 rebound to 36, or back to 25.5/26 by end of september then only retry 36!!!
22/09/2019 7:46 PM
Chris Khoo 28.5 rebound to 36, or back to 25.5/26 by end of september then only retry 36!!! likelihood of rebound fron 28.5 is higher from candle stick, trend line + stoch RSI / stoch RSI cross MACD perspetive
22/09/2019 7:49 PM

  13 people like this.
 
Fabien "The Efficient Capital Allocater" 22sen is achievable. i believe Pohuat is able to pay out 8 sen dividend, similar to 2 years ago.

at 10x PE which is not excessive given its net cash position and growth rate, we should be looking at 2.20
11/09/2019 4:55 PM
lloydlim Time to rebound!
11/09/2019 8:09 PM
tftey Trade war and weak Ringgit would bring benefits to Pohuat. Similar result like Magni is highly possible,
12/09/2019 10:38 AM
lcng123 looking forward excellent result
12/09/2019 5:23 PM
cherry88 https://www.klsescreener.com/v2/news/view/578216
13/09/2019 9:12 AM
cherry88 Target : RM1.88. Buy now before too late
13/09/2019 9:12 AM
acs4339268 Wow. 1.50 already
13/09/2019 7:11 PM
LiimInvest Huat huat together. Cheers.
14/09/2019 8:54 AM
LiimInvest Netcash position of RM76M as 2QFY19 & hope good dividend.
14/09/2019 10:20 AM
yfchong Quarter results must be chun chun
14/09/2019 12:03 PM
cheoky ah fatt gor ah... u perform a bit la. hold until white hair out de
14/09/2019 4:09 PM
Davidl https://klse.i3investor.com/blogs/kianweiaritcles/225011.jsp
16/09/2019 3:08 PM
cherry88 All technical signal are showing bullish signal. When it combine with fundamental strength, it will move toward RM1.88 as targeted by TA Research recently. Should release results next week.
18/09/2019 8:50 AM
lcng123 Price up in advance at pre-release of quarterly result
18/09/2019 9:14 AM
Davidl https://klse.i3investor.com/blogs/sinchew_company_story/225416.jsp
18/09/2019 1:59 PM
cherry88 Once break RM1.54...will start fly. Buyers and seller are still fighting now. Alternatively, buy Poh Huat-WB. It is trading at discount. Should trade at premium by now given bullish sentiment in furniture. Buy now before too late.
18/09/2019 3:43 PM
BeAmillionaire Hi friend...the traded volume was too small daily...hard to fly
18/09/2019 4:32 PM
cherry88 It is much easier to fly given small volume. As mentioned, the syndicates have "nothing to buy" but export furniture stocks.
18/09/2019 4:52 PM
cherry88 I have finished with my Ah Huat Coffee with CX5. Let's huat again here before I holidaying during Xmas.
18/09/2019 5:02 PM
cooldownguy86 Walao never give chance to buy. WB also quietly went up
18/09/2019 9:16 PM
Cf81 Hoho
18/09/2019 10:33 PM
Davidl Time to load more!
19/09/2019 12:43 AM
lcng123 Looks like Pohuat going to post a excellent quarterly result
19/09/2019 9:32 AM
lloydlim Furniture theme is back!
19/09/2019 4:33 PM
LiimInvest Add oil
19/09/2019 9:55 PM
cherry88 I apologise to my comments on 18/9 where I urge you guys to buy into warrants. I just realize that the warrants is expiring Oct next year which do not deserve any premium. It is "fair" to trade par with its mother share. We should not chase after the warrants, and should focus on the mother shares. Furthermore, given TA research report where Poh Huat will declare 8 sen dividend annually, the warrants should actually trade at a discount to mother now as warrants holders are not entitled the dividends. Guys and gals, take note on this point if you want buy into warrants. We should buy the warrants if there are 4 to 8 sen discount against the mother share. In fact we should SELL the warrants now and buy into mother share.
Given current bearish market sentiments, dividend / cash is king now. Poh Huat is sitting with around RM90mil cash (or 40 sen per share), if they did not declare dividend to shareholders....we may forget it. It is like another Genting where sitting with cash and stingy to shareholders.
20/09/2019 8:50 AM
lcng123 @Cherry88, my opinion is since WB still got 13 months to go and if you are confident with mother share, not harm to buy WB at current price because any upwards of price in mother share will follow by WB. If not, WB should has -ve premium and it's worth to exercise WB to mother share. Like current stage, mother price 1.57 and WB 0.55, with exercise price 1.00, the premium is -2sen .
Once you convert, you gain 2sen.
20/09/2019 1:12 PM
lloydlim Time to accumulate!
20/09/2019 2:08 PM
cherry88 Theatrically correct LCNg123. Practically, it may very troublesome and after taking commission and time into consideration. Thanks.
20/09/2019 3:21 PM
cherry88 http://www.bursamalaysia.com/market/listed-companies/company-announcements/6287585
20/09/2019 5:12 PM
anti_otb Good Results, cheers!
20/09/2019 5:34 PM
yfchong Yum seng
20/09/2019 7:49 PM
Davidl Cheers! Better than my expectation! Welldone Pohuat
20/09/2019 8:06 PM
cheoky Ah fatt gor. Royal flush. A chocolate for you.
20/09/2019 8:15 PM
OOMMGG https://www.theedgemarkets.com/article/poh-huat-3q-earnings-22-furniture-orders-shift-southeast-asia-exporters-amid-trade-war
20/09/2019 8:49 PM
Fabien "The Efficient Capital Allocater" historically, Q4 is their strongest earnings. even a modest 8 sen would resulted in full year EPS of 24sen above my expectation of 22sen.
20/09/2019 9:17 PM
LiimInvest Cheers ! all buddies
20/09/2019 10:31 PM
Musangkingfarmer Biggest profit for third quarter. Cheers!
21/09/2019 9:09 AM
cherry88 I believed most of you guys have read its latest results, I am not going to repeat here. In short, its cumulative EPS has reached 16.3sen. Let's assume this coming 4th quarter will perform the same as per 4th quarter of last year (at EPS of 9.5 sen). We can expect its full year EPS to record 25.8sen. Give "discount" a bit, to 24 sen lah as per @Fabien. Even at low PE valuation of 7x, we should expect price to reach RM1.68. Given recent trade war benefit, both AM and TA research has revised its PE target to 10x. Again, we "discount" a bit to 9x lah. We should expect a target price of RM2.16. Aiyaa....discount some more lah...target price to reach RM2.00 or another 27% growth toward Xmas (where Poh Huat will announce its final quarter results then). I don't see any reason not to long with this stock, given its net cash position of RM93 mil or 42sen cash per share. the only "problem" is this company a bit stingy to reward shareholders (payout at 25%) as compare to LiiHen and Homeritz (around 40~50%).

Given its coming 2 sen dividend, it is not advisable to buy into its warrants, and the warrants should consistently trade 2 to 3 sen discount against its mother given the fact that warrants holders will not entitle the dividend and the warrants is expiring Oct next year. Don't forget that the mother share price will adjust downward by the dividend amount after 30/10 (ex-date).

Good Luck !
21/09/2019 10:45 AM
cherry88 @Musangking Sorry. My calculation mistake. Have deleted the para. I should not compare PH with Homeritz WB
21/09/2019 11:20 AM
lcng123 My point of view is very simple, if you confident with Pohuat mother share, it's worth to buy WB. Otherwise keep away from mother and WB
21/09/2019 11:31 AM
Dericlock Daughter have 1 year before the dateline, and that money difference between mother and daughter can be used to invest somewhere else. So with time value of money, it actually can earning somewhere else for higher rate of return.
And please dont forgot, daughter can always convert to mother to entitled for dividend.
Lastly, the leverage effect on daughter is also better, paying 1/3 of the price and owning a part of pohuat.

So dont really see why daughter need to be discounted by few cents.
It is up to each's risk appetite and confidence level on pohuat for long term
21/09/2019 11:47 AM
Musangkingfarmer @cherry88, actually this is my mistake, I don't even know Homeritz-WB exist. And I want to change my comment but ends up remove it.
21/09/2019 11:50 AM
cherry88 @ Musangking. Don't worry. Sharing is learning
21/09/2019 11:53 AM
anti_otb buy both mother and son la. enjoy dividen and capital gain from mother, and enjoy gear of 3x from son
21/09/2019 11:56 AM
cherry88 @anti_otb. Good idea. Why I never think of it ? Don't argue. Haha. Anyway, my exposure to furniture stocks (Poh Huat, LiiHen, Homeritz) could last toward end of Dec. Personally (just gut feeling, no proper justification), market may be in a perfect storm next year. Hold more cash....
21/09/2019 12:12 PM
Davidl Time to load more!
21/09/2019 3:55 PM
WhiteWolf Super dangerous when one has to make investment decisions based on the whims and fancies of Donald Trump.

If he decides to continue on with trade war, then it might actually benefit ASEAN countries. But what if tomorrow they come to an agreement and he pulls back the tariffs? Headache woooo investing like this..
22/09/2019 8:38 AM
Davidl Believe it or not, trade war is a never ending story b4 2021
22/09/2019 1:45 PM
yfchong Ok huat is near now...
22/09/2019 7:47 PM

  7 people like this.
 
Willy99 Johnchew wants everyone to sell. Why?? What is he gaining? Think for yourself
18/09/2019 11:38 AM
Johnchew Kanger : Last 4 year total profit 20.8 mil stil kena going concern liabilty more than asset. 2017 cfo is resigned.2019 another cfo is resigned . worst audit committee independent n non executive director is resigned on 16/7/19.external auditor also resigned. This account book only ghost can do. 2nd QR report will be much issue.bkb hevea is 2014 old news still use .. some more container big big order . Like xingquan to be delisted on 16/8/19 due to financial report cannot be out as one big big order cannot be justified.

Another going concern is china 1st qtr GDP 6.4 % .China need 8% to create 10 mil job vacancy to cater ppl need. Kanger market is 50 % local china, business will be affected.worst still US China trade war , kanger export is 50% mainly North America, business is very much affected.

The Edge reported that Kanger International Bhd managing director Leng Xingmin’s stake in the bamboo flooring maker had dropped from 55.17% post-IPO to 24.45%.dated 21/7/2017 . And today is only holding 11%.indirect shares China MD easily bawah play ping pong.
X

X
Kanger International Bhd’s wholly-owned China-based unit YanShan (Country) Kanger Bamboo Industry Co Ltd (YanShan Kanger) has been directed by the YanShan County’s to cease its factory operations until further notice.

In a filing with Bursa Malaysia today, Kanger said YanShan Kanger is recommended to temporarily stop operations or transfer its factory under the directive of the YanShan County, in respect of expediting the county’s development and beautification of the environment— scary

X
Refer 1QR unaudited: total borrowing = 64 mil, receivable =rm 70 mil , payable = rm 7 mil , what a good profit business 70 mil vs 7 mil .. must be one big big order with huge profit ( same as xinquan case being delisted ) , and no progress report on the rm 93.2 mil development project signed with JCIPC on 1/6/2018.

That’s why external auditor issue Going Concern on 2018 annual report , financial figure cannot be verified include non current asset PPE.
.
X
Going Concern— PN17 or Delisting SOON —- RUN
18/09/2019 1:20 PM
Johnchew 0.06 v1.63 mil
18/09/2019 3:53 PM
Johnchew 0.06 v1.75 mil
18/09/2019 4:01 PM
Willy99 Johnchew wants everyone to sell. Why?? What is he gaining? Think for yourself
18/09/2019 4:25 PM
Johnchew 0.06 v1.92 mil
18/09/2019 4:35 PM
Johnchew Hi willy pity u no answer ..ppl oredi answer for u..
18/09/2019 4:36 PM
Johnchew 0.065 v1.93 mil
18/09/2019 4:49 PM
beyond2288 johnchew look at the kanger counter no point alrealdy, fixed price 0:065. look at the mnc wireless better, now 0.115. before run is from 0:06sen only.
18/09/2019 7:27 PM
tklim T4Q NAPS | P/NAPS: 0.1476 | 0.44
18/09/2019 10:40 PM
Johnchew Going concern .. delisting soon .. RUN
18/09/2019 10:55 PM
Johnchew 0.06 v328k
0.05 coming..run
19/09/2019 9:11 AM
Johnchew Why moneykj no buy ke...
19/09/2019 9:31 AM
moneykj What ever you say, the price still close at 0.065. Chart already pre plotted by operator.
19/09/2019 9:45 AM
Johnchew Not u meh...wat ever u say ma...

Hip hip hooray...
19/09/2019 9:46 AM
Johnchew 0.065 v333k
19/09/2019 10:15 AM
Johnchew Still 333k..moneykj no buy ke...takut takut lah..
19/09/2019 10:42 AM
Johnchew Ho ho moneykj stil loss at 0.065...

Why no buy til 0.07..faster...
19/09/2019 10:56 AM
Willy99 Hahaha moneykj ignore the idiot la.
19/09/2019 11:13 AM
Johnchew Willy still not free ke...washed until left underwear swimming ke..a loss brain crashed idiot....
19/09/2019 11:16 AM
Johnchew Moneykj 12 million shares avg 0.076..at 0.065 loss how much... 0.06 got margin call tak???
19/09/2019 11:18 AM
Hunger4money Should rebound soon, need to be patience.....
19/09/2019 1:32 PM
Johnchew Huh huh long time no see Hunger4money ..need to be patience waiting yr wife come home ke...pity la..

Lucky no one follow u to borrow money fr wife to buy kanger...
19/09/2019 1:54 PM
Willy99 No Johnchew dumbass. We all bought at 4 cent. Not stupid like you maaa
19/09/2019 3:01 PM
Johnchew 0.06 v386k
19/09/2019 3:44 PM
Johnchew Willy worry ke..
19/09/2019 3:45 PM
beyond2288 look to bumi amarda counter, have momentum.second mnc wireless 0:11-0:12.
19/09/2019 7:27 PM
beyond2288 0.06-0.065 EVERDAY...........
19/09/2019 9:31 PM
Johnchew Why kena going concern...??Delisting soon???RUN...
20/09/2019 7:55 AM
Johnchew Run...run..run
20/09/2019 9:20 AM
Johnchew 0.06 v231k..

Delisting ..run..
20/09/2019 9:52 AM
Johnchew Going concern to delisting...run
20/09/2019 10:15 AM
Willy99 Your face is delisting soon hahaha
20/09/2019 10:41 AM
Johnchew Ho ho external auditor issued going concern figure cannot be verified..same as XINQUAN that delisted on 16/8/19..

Willy loss until face delisted ..very white like the chinese ghost ke...
20/09/2019 10:50 AM
Willy99 Nola still sitting on healthy profit.
20/09/2019 11:06 AM
moneykj Everyday start with low queue buy at 0.06. More and more buyers come in. You throw they are happy to absorb all. Expect to continue this pattern next week before the next action.
20/09/2019 12:09 PM
Johnchew Ho ho u said many times..0.07 solid then...

U had 12 million n abt 2.5 million at 0.65 ...nak buang ke...
20/09/2019 1:05 PM
Johnchew Long term just one yr or less will be delisted..scary
20/09/2019 1:50 PM
Hunger4money Looking very stable now..... Poised to move upwards......
20/09/2019 1:53 PM
Willy99 Johnchew keeps repeating himself like a mad person.
20/09/2019 2:40 PM
Johnchew Ho ho mad willy ke..not free willy ..pity ..

Kena going concern..delisting soon.. RUN...
20/09/2019 4:23 PM
Johnchew 0.065 v347k..
20/09/2019 4:49 PM
Willy99 Johnchew is a mad man and is delisting his face
20/09/2019 5:49 PM
Johnchew Willy get mad ke..stil not free willy ke...dont get angry..nanti kena stroke...
21/09/2019 10:07 AM
Johnchew Long term ..where got long term ..going to be delisted ....haha..latest in 6 months..
21/09/2019 10:08 AM
fl888 MITB encouraging bamboo industry will propel,Kanger next week...
21/09/2019 8:52 PM
tklim 1st Buy Target: 0.09
2nd Buy Target: 0.1
3rd Buy Target: 0.1
4th Buy Target: 0.12
5th Buy Target: 0.13
6th Buy Target: 0.15
22/09/2019 11:01 AM
kevinchong 1st Buy Target: 0.060
2nd Buy Target: 0.055
3rd Buy Target: 0.050
4th Buy Target: 0.045
5th Buy Target: 0.040
6th Buy Target: 0.030
22/09/2019 1:57 PM
Johnchew Tklim become mad ke...
22/09/2019 7:38 PM
Johnchew Kanger : Last 4 year total profit 20.8 mil stil kena going concern liabilty more than asset. 2017 cfo is resigned.2019 another cfo is resigned . worst audit committee independent n non executive director is resigned on 16/7/19.external auditor also resigned. This account book only ghost can do. 2nd QR report will be much issue.bkb hevea is 2014 old news still use .. some more container big big order . Like xingquan to be delisted on 16/8/19 due to financial report cannot be out as one big big order cannot be justified.

Another going concern is china 1st qtr GDP 6.4 % .China need 8% to create 10 mil job vacancy to cater ppl need. Kanger market is 50 % local china, business will be affected.worst still US China trade war , kanger export is 50% mainly North America, business is very much affected.

The Edge reported that Kanger International Bhd managing director Leng Xingmin’s stake in the bamboo flooring maker had dropped from 55.17% post-IPO to 24.45%.dated 21/7/2017 . And today is only holding 11%.indirect shares China MD easily bawah play ping pong.
X

X
Kanger International Bhd’s wholly-owned China-based unit YanShan (Country) Kanger Bamboo Industry Co Ltd (YanShan Kanger) has been directed by the YanShan County’s to cease its factory operations until further notice.

In a filing with Bursa Malaysia today, Kanger said YanShan Kanger is recommended to temporarily stop operations or transfer its factory under the directive of the YanShan County, in respect of expediting the county’s development and beautification of the environment— scary

X
Refer 1QR unaudited: total borrowing = 64 mil, receivable =rm 70 mil , payable = rm 7 mil , what a good profit business 70 mil vs 7 mil .. must be one big big order with huge profit ( same as xinquan case being delisted ) , and no progress report on the rm 93.2 mil development project signed with JCIPC on 1/6/2018.

That’s why external auditor issue Going Concern on 2018 annual report , financial figure cannot be verified include non current asset PPE.
.
X
Going Concern— PN17 or Delisting SOON —- RUN
18/09/2019 1:20 PM
22/09/2019 7:46 PM

  8 people like this.
 
VSOLAR Sailang Margin All In when closing shop? IB division so weak
03/06/2019 5:53 PM
Spice828 Buy and keep. Good share
08/06/2019 9:52 PM
Michael Wong Yew Kong 0.15 divided, nice
13/06/2019 9:31 AM
Tan Tze Ming buy buy buy
21/06/2019 12:00 PM
saadiq ANZ sudah mau jual ambank
24/06/2019 3:50 PM
Havefun why drop so much? ex dividend is tom 26 jun on ammb website
25/06/2019 9:32 AM
Tan Tze Ming cz of the dividend
but this stock fundamental good
25/06/2019 4:58 PM
Spice828 https://focusmalaysia.my/Snippets/ramc-upgrades-ammb-sustainability-rating-to-gold
26/06/2019 6:41 PM
Henry8833 why today drop a lot?
27/06/2019 4:28 PM
Henry8833 Ambank is very good undervalued counter with low PE, high div yield of more than 5%(expected this year), and NTA of RM 5.48. Hope it will be target of M&A for bigger bank to take over. It is perhaps the only bank traded below NTA of RM 5.48 and share price of RM 4.25 with such a big gap.
27/06/2019 4:49 PM
MaBadri go go rm4.61 coming soon
04/07/2019 8:40 PM
Spice828 Collected dividend the price still strong !
05/07/2019 10:26 PM
hamjie how many dividend ambank give ?
08/07/2019 9:36 AM
tkl88 Oil price as at 11.10 pm,
Nymex=> $59.48 (+1.65) (+2.85%)
Brent=> $65.87 (+1.71) (+2.67%)
10/07/2019 11:14 PM
Henry8833 hamjie : For Ambank dividend, recently i got 15 sen per share. Expected another half year to be 5 sen to 10 sen...
12/07/2019 12:25 PM
Henry8833 Better than putting in FD...
12/07/2019 12:25 PM
masterus Will the president sign off on currency intervention?
If there’s anything on the economic menu President Donald Trump desires nearly as much as lower interest rates, it’s probably a weaker U.S. dollar. The question for investors is how far will he go to get it.

Goldman Sachs on Thursday described outright currency-market intervention as a possibility, albeit a “low but rising risk.” Analyst Michael Cahill pointed to an increasing series of presidential tweets, comments and policy actions and proposals that have put U.S. currency policy back in the spotlight.
12/07/2019 2:23 PM
ov123 Dividends may not be enough to cover the capital loss.
23/07/2019 1:39 PM
willc48 The worst yet to come from the ghost of Najib. RM52m fine & still counting till drop below 3.85 once Mahathir handovers to DSAI.
24/07/2019 12:44 AM
SinGor willc48 you loss alot money in Ambank playing contra.It was (former)Finance Minister Anwar that
sold Gov. owned Ambank to TanSri Azman Hashim ( current Chairman)---so what is your story again
25/07/2019 4:16 PM
IronShirt ammb agents are blocking to prevent price hike before Egm. Who can throw millions everyday to
Block if it is not Ambank, i don't know who
25/07/2019 6:24 PM
ccc1987 Jj Chan, why?
31/07/2019 2:45 PM
tanchuanjoo which sifu call buy ?
31/07/2019 5:01 PM
ccc1987 Oic... By the way, how you check someone buy 2.9million @ 4.23?
31/07/2019 5:24 PM
masterus GLOBAL liquidity is expected to make its way back into emerging markets (EMs), including countries like Malaysia, if the US Federal Reserve (Fed) pushes for easing of rates.

EMs witnessed billions in funds scurrying out after challenging 12 months as growth prospects in the economies eased and the US equity markets hit new highs.

Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said lower US interest rates will benefit EM assets, similar to what was experienced during the 2007/2008 global financial crisis.

“It would boost stock and bond prices as global liquidity would be shifted from developed markets to high-yielding countries, especially in Asia and other emerging economies,” he told The Malaysian Reserve (TMR).
01/08/2019 8:05 AM
casanwk Retesting cycle point 4?
13/08/2019 4:37 PM
Icon8888 Bought some
15/08/2019 1:01 PM
DickyMe2 Post removed. Why?
15/08/2019 1:08 PM
Jururawat Hahaha. Icon icon....
Relax
16/08/2019 5:14 PM
newbie4444 FF sell?
16/08/2019 10:49 PM
20/08/2019 4:57 PM
yfchong In to pirate ship
21/08/2019 3:55 PM
Jeffreyteck Finally fell below 4 after such a long time despite supported by epf. Est 3.50 amid potential rate cut and outflow of foreign funds.
22/08/2019 12:43 PM
Huat1 QR good
22/08/2019 12:56 PM
Icon8888 Very good result
22/08/2019 2:45 PM
Icon8888 13 x 4 = 52 Sen EPS

Now PE 7.7 times only at RM4.00
22/08/2019 2:47 PM
yfchong Huat huat...
22/08/2019 2:54 PM
yfchong Can Get to 5.20...?
22/08/2019 2:57 PM
Icon8888 Bought some at 394
22/08/2019 2:57 PM
Growth 123
24/08/2019 2:12 PM
yfchong 456
28/08/2019 9:21 AM
mancingbursa Ambank good result bcos if the hire purchase loan....
29/08/2019 9:23 AM
mancingbursa Alliance bank depend to much on local loan SME and housing, hit it very very badly.
29/08/2019 9:25 AM
mancingbursa Affin bank out performance in local market, hopefully will merge with cimb, icon8888- any idea.? Haha
My old friend
29/08/2019 9:27 AM
Jeffreyteck Blood sucking bank. If forgot pin number of ATM card, must replace card and charge $12. Unfortunately regulator is sleeping instead of consumer protection. After banks merger left limited choice for consumers, banks can simply do whatever they want to make more $$$ with poorer services and less counter services or impose charges services. Also not allowed to withdraw FD over the counter, must have savings account with debit card and internet banking..... as FD must credit to your own savings account first, really can't see the logic other than $12 they want.
04/09/2019 10:47 PM
yfchong Any idea when is the dividend payment
09/09/2019 9:03 AM
Growth dec and june.
FY2020 will distribute higher dividend
14/09/2019 12:38 PM
RainT Undeniable AMBANK is one of the worst in customer service
17/09/2019 9:26 AM
tkl88 What a superb Good News ! US Fed cuts key interest rate by quarter-percentage point !

FOMC cuts fed funds rate, 7 officials project one more by year end
Posted by: Market Watch in Market News 8 hours ago
https://forextv.com/market-news/fomc-cuts-fed-funds-rate-7-officials-project-one-more-by-year-end/

Like that all the funds and capitals will flood into Asian Countries included Malaysia already !
Huat ah ! Heng ah ! Ong ah !
19/09/2019 9:35 AM
yfchong Huat or huat huat
22/09/2019 7:45 PM

  30 people like this.
 
Tigerchan Order book 20.5b, debt 11.2b. How much is order book profir margin?. 100%?, 20%?, 10%?, or 5%?.
22/09/2019 7:06 AM
Mabel Everything has been shared in this forum. Just scroll up..

You decide what is best for you..
22/09/2019 8:13 AM
Geco On technical basis, we have priced in all the stories. That’s why I hope you can share on the fundamental which nobody can answer as there are no details. It’s wrong to ask? Or this counter is so hostile...
22/09/2019 8:39 AM
Mabel I have invested in 9 energy companies to capitalise on the O&G rally.

Each of these companies are unique and you can learn alot how each companies are run..

It also a good training ground to be another JR EWINGS especially when you have friends like JC and ckca :)

Here's the best part, you can also have the opportunies to make some money.

Of course everything has its own risk. Even if you just stay in bed, you can still die. What's important is to take calculated risks and we are being blessed with so many well informed colleagues in this forum.

Everything is already on the table. You decide what's best for you.

Talk to you later. Its time for me to prepare another wonderful Lobsters dishes..

Cheers!
22/09/2019 8:40 AM
armadatuah2017 @Geco information are for you to digest and evaluate, not just simply coming out with your own stupid comments especially on the rights issuance. It is possible and how could you say it’s firmed? It was announced or just your arse mind? Btw, you’re just fooling around in the forum without any shares on hands.
22/09/2019 9:45 AM
armadatuah2017 @Tigerchan why so keen to play down this counter and questioning the other shareholders? Same like Geco, you hold nothing and fooling around like lifeless scum.
22/09/2019 9:47 AM
Geco Maybe I am a lil bit sarcastic on that hoping that you guys wake up and look a bit on fundamental. I am lil bit worried that technical story began to end, so need some support on the real picture. Which is why I have to have for next Q to see some development or execution from the storytelling parts.
22/09/2019 10:04 AM
pang72 This stock is on the way to 70c...

Very smart one bought at 20c but is very patient for the past 6months..

Some are technically trader would like to see breaking 28.5 c to really confirmation of uptrend..

This is the time... Ride on it!!
22/09/2019 10:38 AM
madcow78 I kind of understand where Geco is coming from. He is voicing his concerns. Of course two quarter of profits shows the company is on the right track. But as we all know quarterly results are not audited and hence the competency of the management is important. There are alots if company showing great results but the last quarter is always with huge adjustments which detoriate the numbers. Whatever it is, as what Mabel mentioned, we evaluate base on informationvailable, do our own risk management and see if is worth investments in the company or not. For me, I have done my risk assessment and vested. Disposing Perdana is a good move which have huge costs saving which is recurring. The only concern is as what was mentioned the costs saving is RM70m a year, sales proceeds is US$40m (abt RM160m), the operating costs for Perdana seem very high as compared to its market value. If that’s is the case for other FPOS then I am abit worry. However, it might shows that there are more room for costs cutting measure if possible?
22/09/2019 10:45 AM
RJ87 Actually, technical stories hasn't start yet. It's all fundamental.

When Armada managed to refinance it's current liability to long term loan, the possibility of cash call has been greatly reduced.

This CEO is prudent. He has reduced administrative expense by about 20-30 million and also selling underutilized assets to strengthen cash position. I suspect he had problem with previous boss disapprove buying all these assets. Upon taking over, he seems to be immediately know what to do to turn things around. Its reflected in the financial statements. Few numbers has bottom out and turning around.

Wanna see goreng2, see Dayang, Penergy or Carimin.

P.S. I know that tactic of stirring hornets nest to get free education.
22/09/2019 10:49 AM
pang72 Geco is stirring!
22/09/2019 11:10 AM
pang72 Geca expected us to provide answer of Armada 100% hit 70c by next Q!

We are not god!

Hope geco understand! Else, we are sitting at home goyang kaki!!
22/09/2019 11:12 AM
Geco Madcow78, u are right. The concern is also on huge adjustment not only on last quarter but maybe as early in 3Q. That’s why maybe u guys can share some light on the fundamentals in details; how many FPSO will expire soon, margin wise of each contracts, how to mitigate debt concerns when FPSO expired. This follows with Lukesharewalker question.

Lukesharewalker Next quarter ended 30 Sep, possible accounting loss
20/09/2019 4:28 PM

So, What do you mean by accounting loss?
22/09/2019 11:22 AM
RJ87 read all losses between Q1-Q4,18. Armada reported loss. Huge loss.

But if u read the fineprint somewhere if I remember correctly, it says it has no material implication.
That's called impairment. Impairment is a type of accounting loss.
22/09/2019 11:38 AM
RJ87 That monkey that didn't buy in and sour about it, mar simply say got impairment. Impair on what?

When Armada kept delaying final acceptance, I exited everything at 81sen and stayed on the side watching. If they don't deliver kraken, there must be penalty somewhere. Impairment impending and stay far far away. That time, when the court starts trial also havent decide.

Even there is claim on the impairment, it shouldn't be reflected on income statement. It should appear on Cash Flow statement. As those loses were already report in 2018, just this time will hv material implication.

However, if the reported impairment losses in the past didn't materialize or materialize less than it should; there will be impairment reversal. WHich will appear as gain in income statement. (Correct me if i'm wrong)

I started entering at 40sen, and all the way down to 15sen and buy even more when Kraken starts to meet it's deliverable and trial has fixed a date to end the suit. End of this year, until next year june latest. It took armada 3Q report to tank the price from 80sen to 15sen, i'm not surprised if it takes 3Q to get back to 80 sen. That would be somewhere next year June. Those who are confident with their assessment on armada at 15sen will be doing multi bagger by next year june if everything goes well.

Mind you, at Q1,18; market has already priced in the risk. Kraken delay in acceptance and claire cancellation aren't new news. And see what happens? It tanks. The point is; assuming market is efficient in "pricing in" then how do u explain after knowing all the risk, market trades at 81sen and to only later wipe 70% market cap off? Market is inefficient. I bet less than 1% of people that read every letter and every word in QR and even less people understand totally what it means. That's where the opportunity as investor lies. Market are mostly people like you. IGNORANT. I wouldn't say i'm not ignorant, it's just i'm less ignorant.

P.S. Don't just read the first 5-7 pages of the Quarter report. Read every letter and word. And read across the whole sector of your interest. Read how Perisai get into this state and later read how Yinson write their QR report. Like 12-15 Quarter Report.Then make relation market reacts to each style of writing. And also see how research house writes their article to manipulate the market. that's if you are serious in addressing you concern and risk management. What I say here isn't about Armada. Its about you being serious in risk management. If you not interested, then better just F off and buy toto better.
22/09/2019 12:01 PM
madcow78 Gecko, I think it is unfair to ask Pang or fellows to provide such details as I believe these aren’t company in depth information and is not make public by the management. What we can do USB analyse the financial information quarterly, speak to management if available, etc, and Moreno importantly the macro business environment in ONG.

Thought impairment loss is accounting loss, but its shows that the business outlook is bad and the assets aren’t not generating positive income. But looking at past 2 quarters financials, and more importantly the banks are willing to extend loans indicate confident.

The road to recovery is Long, but it has badly wounded, and the cost is Low. For me I will take BA over Yi Son as the risk and rewards are different.
22/09/2019 12:07 PM
Geco Still doesn’t explain the details of each FPSO contracts which is true coz mgmt is not transparent like other companies. Btw. Thanks for the lengthy reply. Hope everyone success in their investment.
22/09/2019 12:12 PM
TAK1 RJ87 RIGHT ON GO PLAY HORSE RACE OR GENTING PROFIT/LOSS IN MINUTES.
22/09/2019 12:14 PM
pang72 Geco,
You scare like hell so don't put your money into Armada to save your time here!
However, I can understand you scare Armada rise up to 70c but you don't own any shares..

So, you continue to pipopipo here lo!!
22/09/2019 12:17 PM
pang72 Conclusion-
Armada kraken caused most of imparement loss so 70c to 15c.
Armada kraken imparement loss cease so 15c to 80c...
Up and down took 3 Q so Jun2020 - 70c.
22/09/2019 12:26 PM
pang72 So invest 1000 becomes 2000 Jun2020..
Good bet!!
22/09/2019 12:27 PM
pang72 I am glad that 2 of 10 anti Armada and 8 of 10 support Armada do far in this forum.
Those win big from 15c to 30c are celebrate the success. Those join 30c to 70c are fighting wave 2
22/09/2019 12:30 PM
Mabel Very good explanation Pang72!

Cheers!
22/09/2019 1:50 PM
Mabel I have ride Wave 1 and now very excited on the upcoming Wave 2..

Cheers
22/09/2019 1:53 PM
RJ87 When revenue from Yinson tanked from Vietnam FPSO. I wanna see how Yinson do their reporting and how research house gonna write their stories next year May.

The perpetual bond they have was just 1Billion. It's just 1/3 or 1/4 of their total debts. Then, market the bond as equity. Bonds although no final date of settlement; it comes with premium. Let say Revenue tank by 1/3 or a 1/4, premium on the billion perpetual bond the same; I wonder wats the margin then. I don't market is very efficient is accurate calculating the damage. I'm alot of analyst including myself is working on it..


I do agree Yinson hv less garbage if compared to Armada. Armada bought alot of garbage, dunno which CEO did that. Thanks to him, else also no chance to enter.

Now doing house cleaning. Administration expenses drop 20-30mil, dispose all non-profitable asset and focus on core profitable business. Bring cash position back first before buying more "asset"/garbage.
22/09/2019 2:02 PM
Geco I don’t want to comment much on Yinson but I think there is no debt issues there. Instead, Yinson is net cash but definitely overvalued. Nobody will enter at this point.

Now we talking about Armada. Need more details; margin for each FPSO, expiry and debt risk if one FPSO expires as well as possible accounting loss adjustment in Q3. That’s all.

Conclusion, u either get con big time or lobster all the way imo.
22/09/2019 2:29 PM
RJ87 How do u count ur next cash again?
22/09/2019 2:32 PM
Geco Thinking about other company just now. I meant net debt is low.
22/09/2019 2:37 PM
Mabel Geco if you are still in doubt about Armada, you should go for one of my energy companies, Serba Dynamik. Their financial are great with great potential.

Current price is RM 4.37...

Great potential to cross RM 5.00 this year.
22/09/2019 2:44 PM
TAK1 Good one Mabel.
22/09/2019 2:56 PM
hotstock1975 madcow78, The road to recovery is Long, but it has badly wounded, and the cost is Low. For me I will take BA over Yi Son as the risk and rewards are different.
22/09/2019 12:07 PM

Agree that risk/rewards are more attractive for BA.
22/09/2019 3:41 PM
ming Low interest rate era is good for high debt company eh.. 苦中作乐.. hhaha
22/09/2019 3:44 PM
ming 10b debt cut 0.25% alrdy equal to 25m interest saving jor..
22/09/2019 3:50 PM
armadatuah2017 @Pang72 Very true. it sounds more like sour grapes to them. Those who owns shares are researching on what they believe is correct and it might not be right afterall.
It's nuisance just to have something crap coming out from their mouth but they are not even investing in it. No one just invest tons of money because of the information in I3 provided.
We believe our research, that's why we put in real time money not to convince noobs like IK and Geco.
22/09/2019 4:44 PM
armadatuah2017 So far Armada is salvaging my stock portfolio covering heavy losses in SAP. Im still holding it tight.
22/09/2019 4:45 PM
pang72 Conclusion, u either get con big time or lobster all the way imo.

GECO CONCLUSION ABOVE IS 50/50
SO, YOU SAID GOOD, HE WILL SCARE BAD THING COMING.
YOU SAID VERY BAD, HE WILL SCARE WE ALL EARN ANOTHER 100%
22/09/2019 5:04 PM
pang72 I am lucky that my conclusion on Armada is 70c on the way!!

..... I less headaches like GECO....!!
22/09/2019 5:05 PM
pang72 https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN1W7020
22/09/2019 5:09 PM
pang72 Saudi Arabia tells Japan's biggest refiner about possible shipment change: Nikkei
22/09/2019 5:09 PM
pang72 We are in the beginning to see the oil disruption from Saudi.
They can't hide the fact. Expected Brent Cross usd70 in one or 2 weeks time when all fact disclose..
22/09/2019 5:11 PM
pang72 Armada will be easily cross 40c...same as other oil and gas counters
22/09/2019 5:11 PM
pang72 Curutman has strong buy call on Armada..
EPF and foong si Ling are in the game..

Next shall expect beloved uncle coming.!
22/09/2019 5:13 PM
InvestorKING Heard that uncle KYY also will be buying soon
22/09/2019 6:30 PM
InvestorKING 据管理层透露,该公司目前正寻求潜在投资者,可能脱售手上30%股权,以减轻资产负债表的负担,预料可在未来数月完成。

该公司的船队共有37艘船,目前有19艘船在运作,该公司在合理化计划下,有意将船队规模减少至30艘。

19艘正在运作中的船只,有14艘是在大马水域,该公司有意将另两艘船调回大马,以配合国内增加的油气活动。
22/09/2019 6:40 PM
Will8080 When is Thomas Boy is buying? Everyday talk only
22/09/2019 6:40 PM
InvestorKING Besides selling the ONGC shares as second good news, the 3rd good news is actually Armada is arranging 2 vessels back to Malaysia

I think Armada will have high chance to secure two new big projects in Malaysia

They already giving some hints there
22/09/2019 6:44 PM
Geco pang72 Conclusion, u either get con big time or lobster all the way imo.

GECO CONCLUSION ABOVE IS 50/50
SO, YOU SAID GOOD, HE WILL SCARE BAD THING COMING.
YOU SAID VERY BAD, HE WILL SCARE WE ALL EARN ANOTHER 100%
22/09/2019 5:04 PM

I admit my view is 50/50. Reason :- Technical storytelling is done and priced in already. Fundamental wise is still uncertain as lack of details and transparency by the mgmt on disclosing each FPSO contracts. Either way, better be cautious than sorry.
22/09/2019 6:59 PM
Geco Either way I still got some sweet or lose some. Nite
22/09/2019 7:17 PM
InvestorKING Besides selling the ONGC shares as second good news, the 3rd good news is actually Armada is arranging 2 vessels back to Malaysia

I think Armada will have high chance to secure two new big projects in Malaysia

They already giving some hints there

And Ak is so closed to Tun M, definitely Armada will easily get 2 or 3 projects from government
22/09/2019 7:27 PM
sychan Finally IK become rational .......
22/09/2019 7:40 PM


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