One big thing make me not to invest into Jaks is the management. Management style is well known on doing some strange method to chase out the famous investor. Will they will do the same to the small investor? Maybe yes, or maybe not. When the answer is yes, it will cause a big damage on us. Just becareful.
Sam generously on its dividend payment partly due to its biggest shareholder at Singapore hold almost 70% total shares. This is good to invest in for the dividend. But I am not sure why its traded volume is so little until the market forget it.
Icon with a quick view of Kobay and indeed it is a cheap company with good growth recent qtr. Just a question: Do we need to accumulate the tiny traded share now with no body look at it at all now? for sure this will need time to wait patiently, maybe half year, maybe 1 year when it gather the crowd attention? or we need to rush in as others when it has emitted its light and huge volume start to build up? I seen your holding at MBMR which is also this is almost situation. and this MBMR build up a very safe margin when it start to get others all attention in term of in term of pricing.
Yes maybe current sentiment is not good as the weak Brent price and corona virus issue. Some more qtr result after the Aug will be the Dayang stronger qtr. With the even good profit prospect, Pp will be more easily to be fully subscribed.
Pjseow you are right. We should look Dayang in annual progress improvement. Definitely fund manager will start to look at it if Dayang start to deliver dividend. And I think one more big and substantial new is while Perdana done the rcps issued and it will pay off a large amount of debt, and for sure it will save a large amount of debt interest. It could be 10+m per qtr. And it will show profit on its qtr report. Hence this also will have a big benefit to dayang P&L on its qtr report also. This will be a big boost to Perdana and also Dayang.
Something is very wrong in Malaysia stock. The qtr result is not fully wrapped and caused info leaked before it release. But indeed it provide us a good opportunity to look at the qtr report first, and slowly buy cheap.
I am not said Armada is not good at this moment. I still love it and comfortable with this price and its upward trend. I still happy holding it with target reach nta price first. And I also believe 2nd half will be better than 1st half. Just the matter i doubt is the PE, which is it able to match Yinson. That simple and easy understand right. :~)
Armada qtr need to repay debt 130m. There leave less than half as profit. Armada suffered very gearing and this affected it to get / bid new contract. This is different with Yinson. You may refer below analysis from Maybank for more understanding. The different make the market give them the different valuation in PE.
“Kraken’s earnings are expected to improve marginally in third quarter FY19” ～ 3rd qtr should be improve little around 90m? The 34% improvement will be reflected at 4th qtr. If this is really happen, re-rating sure will be making
Recall again: 1. Evacuation at platform is far away from Kraken. 2. Armada last few weeks and today fundelmental remain intact ~ Armada still profitable 2 qtrs. Cashflow great. 3. Debt risk ~ Re-arrangment with debtor, no big default risk in near term. 4. This is most important - Boss punya boss Ananda confident call on pouring cash into Armada business.
Summary: price offer discount 15% but no one want to buy. Adding pricing more expensive everybody chase like hell. Opportunity is just a blinking while, it wont wait you. This is the time we want to brave move forward. It is maybe once in a lifetime
1. Evacuation at platform is far away from Kraken. 2. Armada yesterday and today fundelmental remain intact ~ Armada still profitable 2 qtrs. Cashflow great. 3. Debt risk ~ Re-arrangment with debtor, no big default risk in near term. 4. This is most important - Boss punya boss Ananda confident call on pouring cash into Armada business. Summary: price offer discount 15% but no one want to buy. Adding pricing more expensive everybody chase like hell. Opportunity is just a blinking while, it wont wait you. This is the time we want to brave move forward. It is maybe once in a lifetime
Price never look back. Yes Icon, something big is brewing. Maybe re~rating, or next qtr profit over 100m...i am not sure. Armada old glory time price stand at over Rm2. But that time profit stable around 100m. Actually current earning is better but just the finiance interest suck up 130m due to huge debt. Price last few month maybe over react due to investor worry about Armada will go to default. Maybe now is just price normalize