James. Just enjoy your holiday. Ignore the rest. 😂

James, not too aggressive. Never good for any investment

Oh! Sorry for some wrong information provided yesterday.

Lei Shing Hong is not holding 19.62% but about 4.++% lesser (Based on 2022 Annual report), but the top 30 shareholders % inch up.

The 4% from Lei Shing Hong most likely goes to Naza Group as Naza didn't appear in 2021 annual report but 2022.

So many of us should be happy because Naza's holding cost most likely is much higher than us. LOL (Most likely is asset swapping)

Unlikely this coming quarter results will be very bad.

Lau family pun baru aje privatise UK Credit Financing. Anyway revenue contribution from this arm is about 100M++/year I guess (Total contribution from credit financing is less than 300m for 2022 if I am not mistaken). Personally I like their credit financing, very very very good profit margin.

Deal from HS Star & MBM pun belum take effect.

Anyway, HS Star pun dah ada new deal with Proton new arm (PRO-NET). Of coz how it turns out nobody know

Trading segment is some analysts concern. Takut fertilizer contribution will be dropped.

Plantation, kalau fertilizer drop plantation untunglah. As far as MPOB stay above RM3000 mesti boleh untung lagi. For HS may be no need so high. LOL

Property & Building Material. Of coz 2 sector ini perlu lagi sikit masa. Dia kan dah ada deal with Naza?

https://www.naza.com.my/hap-seng-land-partners-with-ttdi-kl-metropolis-to-develop-8-95-acres-of-kl-metropolis/

Kasilah HS sikit masa U-turn balik to the north. Biarlah lain investors short sepuas-puasnya.

Short pun mesti ada target price one. Otherwise boss marah buy back from open market then those who short mati oh! Kena beli from the market from for a higher price yet need to give interest to people who loan them shares.

Ikan bilis investors like us boleh tunggu saja. Biarlah tunggu

Break rosak Pang. Bus can't stop. Biarlah dia turun bukit sepuas-puasnya

Lau family holds > 80% actually
1. Gek Poh 54.63%
2. Lei Shing Hong (Their HK company) 19.62%
3. HS Insurance 8.01%

Just these 3 already > 82%

Not sure if the 4th from HK Phillip also their account or not. > 86% if that's also their account.

Tunggulah. Biar dia orang short habis. I will be more than happy if they short below 2. Is like Nestle from 130 to 30/40

I have no choice but all in by then. LOL

I do agree with Loneranger. Never try to be a hero against market to catch falling knife.

Let it falls until price become stable then only buy if you still having faith in the company.

Investors who short HS most likely already gain green light from the Lau family. Tunggulah, sama-sama buy in with the family. Never rush to put $$ into someone's pocket.

Ya, baik pegang dulu James.

For the past 12 years average PE was at about 17 & average dividend yield at 4.4%. Sekarang berapa? 12 & 6%++

This is a transfer of left pocket to right pocket business. All segments boleh inter-segments. Subsidiary A expenses is subsidiary B revenue.

Minority interest/ NCI also steadily at RM1B & above for years.

I don't see any reason of selling.

https://theedgemalaysia.com/node/666797

https://paultan.org/2023/05/13/mercedes-benz-malaysia-to-implement-agency-model-direct-sales-to-consumer-dealer-earns-commission/

It will be a BIG impact on HS revenue if all sales of contracts with customers are directly with MBM not HS Star. As HS Star contributed about 25% of group revenue but not necessary having big impact to the profit.

I do agreed with Loneranger & the company memang worth to collect if below RM4.

To me the company worth RM6-7.

We all may stand a chance to collect at RM2 if crisis hits.

Current price is not expensive neither cheap but reasonable. It's now at its 8 years low.

My 2nd batch of purchase will be at RM4. Let's see how it turns out.

Warren Buffett once said in a letter to his shareholders, “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

Hope you are right loneranger. Join the boat 2 days ago & now queuing 2nd batch at 4. Let's see any seller.

Lau family control over 80%, no surprise to me if they want to privatise it.

Join the boat. Another Q at 4/=. Let's see

Possible. But I am okay to let others to make the balance. Sure will re-visit if price is tempting & irresistible.

Profit locked. Thank you Sunview

Dear 1828;

Be patient. So far the company performance is above average. Of course we still need to monitor company's financial status closely.

Remember there is a quote by WB "The stock market is a device for transferring money from the impatient to the patient"

A local prominent investor Mr Fong also said "别当股市过动儿"

Just believe that patient will be rewarded.

As for the C company, sorry it is not good for me to name it here. It is a pioneer in RE industry. But for the past at least 5 years, the company operating cash flow are all in RED. Company continue to survive by financing activities. That's a typical vampire company

Happy to see the company is very good in getting contracts. Hope the management will manage cash flow carefully. Don't turn out like Cxxxxx

Good to see the company cash flow is improving

Dear Bullrun;

It's a very subjective question. No investors here can give a perfect answer.

You have to ask yourself money that you have invested is spare money or you need to use that in the near future.

Sell, if you need that in the near future.

Personally, I am still holding. In fact, I will slowly top up more. As the company fundamental didn't change.

Dear HowAh.

That's very subjective question. Every investors here may have difference thought/action.

My personal view it is a buy call if you have excessive cash. But be ready for the next 2-3 years market turbulent.

Sell if you may need to use $$ that you have invested in the near future before it is too late

Thank you WeiShing for the news

Dear Speakup.

No dividend to be declared by Litrak. That's term from Amanat. Now we all can only wait for the process of "Gulung Tikar" completed in order to receive distribution from the campany

Voted

Come on Jamestecs.

Current price is very reasonable already.

Tamak is ok, jangan tamak sangat. LOL

Yup. The idea is asalkan ALR tak rugi sudah. I am prepared to pay LDP even after 2024.

Apa pun boleh jadi in Bolehland. LOL

Thank you 80gram

Yup. Let's buy popcorn or Super Ring to watch the ending

2nd to EGM will be ESOS.

About 6-7M granted ESOS before 3/21 haven't exercised & not sure anymore ESOS granted after 03/21

Chill, chill. Tenang, sabar.

Being shareholders of Litrak, our concern should only on EGM result for now.
Once if EGM pass, ALR will issue sukuk to pay Litrak. (We don’t have to bother how many % ALR agreed pay to banks)

May be some of us here will ask what if failed?
Then we have to ask question like
Can I accept DY at 5.++% instead of 6.++% for the next 2 years? (May be some of us here having higher holding cost & 2 years later most likely will have a higher DY)
Continue to hold for the next 10 years if YES, else sell it off.

Pass those concern about bond coupon rate or how ALR financially sound? Or whether if ALR can pay on time etc…… to the bondholders

BTW, you are very resourceful & informative & I must thank you for that.

Cheers!!! Keep our fingers crossed

Dear CSan;

We don't actually need to know about the coupon rate. Unless interested in the sukuk to be issued.

Normal protocol once if the authority approve ALR's application, ALR will appoint a commercial bank as their Principal Adviser & they will have joint bookrunners (other commercial banks) to sell bond for them. Then only institutions/retail investors will have a chance to buy. (Limited to HNWI for individuals) Unsold remaining units will be hold by banks.

ALR will still receive amount that they ask for if they agree terms from the banks before open to the market.

Not too long ago Exism, Sabah Development Bank & MBSB also issue with ok reasonable coupon rate sukuk only.

1 slightly higher than MGS, 1 about the same, another one actually lower.

Don't worry

Guys, chill.

Don't worry about the Sukuk. It will be a done deal.

May be some of you here take this as a dividend stock. But bear in mind that a good dividend stock is if the company give away 8/10cents (not necessary 80% of EPS) he makes.

But this company give away > 100% of its EPS that's send another message.

That's my 2 cents.

Keep our fingers crossed

Dear 80 Gram;

"Speaking to The Edge in an interview on Wednesday (April 6), Rashdan said Gamuda is looking to conduct the extraordinary general meeting (EGM) in the third week of May to seek approval from its shareholders."

https://www.theedgemarkets.com/article/gamudas-highway-sale-conclude-early-endmay-says-deputy-group-md

If voting result pass during EGM then only can proceed

Dear All Sifus here;

Any of you has calculated intrinsic value of Ancom? How much it worth? Mind to share? Thank you

Hi SHQuah. I replied some of the questions you posted earlier. Kindly check your I3 Messenger. Hope it helps. Thank you

Yup. Price is reasonable now. & for warrant lover can consider also. Now at 99 sen + convert to mother share 1.65. Cost at 2.64, which is 2 sen lower than today's mother share closing price.

Hi Donald770. It's a very safe investment if your cost is below 4/=. Treat it as a FD counter with better yield will do. Don't expect it will have much appreciation will do. Cheers & happy investing

Trust? Nothing before offer price being announced. Most likely the company will ask existing shareholders if we have the interest in joining them as trust holder.

Most likely.

https://www.bixmalaysia.com/Issuer-Info-Page.aspx?IssuerID=340

Hi @StanLee. That's very unlikely will happen. That's why the substantial shareholders are looking for an alternative by setting up trust to buy from the existing shareholders.

My personal view point, the substantial shareholders will try their best to get it done before 2023. As by 2023 the company's sukuk will be dued. By then the company dividend will be very very lumayan.

If there is no solution by 2032, infrastructure will belongs to the govt. The company will have a few options.
1. Distribute shareholder fund to all shareholders & delist from Bursa
2. Tentatively classed as PN17 company until the company manage to find a new business.

Big boss convert 11M WB >> mother share & acquire 11M shares from off market

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3194092


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3193895

It's is a "FD" counter. :D

You are welcome @royin77.

MBB result out, KO for me. Luck just not with me this round.
Congratulation for those who has successfully allocated. Wish you luck. Cheers!!!

Still very much subject to Tay's family if they are willing to dilute % of shareholding. Olam definitely will send someone to the BOD that's 2nd. It will be very interesting if terms from Olam want GCB solely sell GCB products to Olam, so Olam may have a chance to overtake BC.

Of course the most important question is the price offer irresistible.

Answer "Yes", if you pay tax in Malaysia only

No news yet for me

Hi @Airline. From what source you heard about takeover at RM6? If I am not mistaken, proposal during PH govt also about RM5.++ only if successful. Anyway, that's become history. Just enjoy the company dividend.

Take it as a FD with higher yield will do

Good for everyone. Set to clear all at 3.++ & buy at 2.++. Boss is converting WB to mother shares at 1.65. Can't expect any lower than that unless massive market crash happen.

Ivory is expected to be completed by 1Q2022. Result will only be reflected on 2nd or 3rd quarter if everything is on schedule.

Cheers!!!

I do agree with you @newbie2828. Time will show the company potential. Just that personally I have some concern. Sold another 50k shares today