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calvintaneng
39347 posts

Posted by calvintaneng > May 26, 2019 5:45 PM | Report Abuse

Ozzz

I checked up on censof briefly. Price of censof now undemanding and there is a small profit in latest quarter.

BUT there is still about Rm40 millions in borrowings. It has investments but little cash. I think wait a few more quarters to confirm its turnaround. Just kiv first

These 3 stocks, I think, will see activity soon.

1. Uzma.
I already called Uzma head office and found that there is a turnaround optimism. The Pulai job of 22 oil well decommissioning will be completed by July 2019 and expected to contribute substantially.

Also more jobs could be expected soon

2. Pohuat
With US China trade war Pohuat expected to do very well as it has 2 factories in Vietnam exportly furniture to USA.

3. ASB

This is a sure fire winner. Already received down payment for sale of Shah Alam lands for Rm124 millions. This will translate to 200% profit at 8 sen per share.

AT 14 sen now the net profit of 8 sen is an amazing 57% of its total paid up capital. This will be reported by Feb 2020. Just in time for the VMY2020 Tourism Stock Bull Run Theme

I expect Asb to give a gain of 50% to 100%. Price should be 21 sen to 28 sen then depending on the state of the market then.


TheContrarian
5950 posts

Posted by TheContrarian > May 26, 2019 9:44 PM | Report Abuse

If a person bought MAA at 0.465 in January 2019 and sold in April 2019 for 1.05 and then reinvested the proceeds in Ekovest-WB at 0.18 and sold off at 0.53, how much percentage gain did he make from his original cost in MAA of 0.465?


calvintaneng
39347 posts

Posted by calvintaneng > May 27, 2019 9:17 PM | Report Abuse

TheContrarian

Now looks like all are fatigued by the downturn

Why not you just calculate and post

I am busily looking to do deeper research on Asb today

Just called Ms Ho the company secretary of Asb

She said the factory land sold in Shah Alam will bring in Rm124 millions

Original cost about rm31 millions

Currently the land is half workshop for bus coach bodywork. For office use and empty land
So this landbanking is sold for 200% profit

The Boss she said is very healthy
Good. No wonder he goes all over the world to do business and add value for shareholders


TheContrarian
5950 posts

Posted by TheContrarian > May 27, 2019 10:01 PM | Report Abuse

I have put ASB on my watchlist.

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