Whats wrong with KLSE ? All good counter encounter this time of faith? Investor no confident with Malaysia economic?

Hi freddiehero tomorrow you place 100 million short at this at 2.0 and help us get 2.0 tomorrow. Sound fair enough?

You probably do not understand KYY, his target counter with market cap less than 500 mil, as he want to take control on the counter if something goes wrong. Anything bigger than 1bil is out of his list.

Today outdoor theme park still working full swings with more than 5 crane just view from cable car. Many touch up work on building. I double confirm with others as my eyes not so good, they are touch up those buildings but not tear down. So impairment lost for theme is not possible to happen. We counter the number of works who we can see guessing how many?

First time i saw Casino stock drop below its NTA, yet this gaming stock never lost any money in its financial result before. Media and News are really powerful tools to ruin investor mood and judgement. Sometimes people who know nothing about stock make more money than those we so call investor.

It is clarified by Nanyang, The Star and UOB Kay Hian today that the VIP casino tax is 20% instead of 35% as reported earlier. The present trading price of RM3.60 is with the consideration that the tax is 35%. Therefore, the share price of Genting Malaysia should trade upwards with the 20% tax rate. With the new VIP casino tax rate, Genting Malaysia should be better off (VIP casino tax savings) by RM500mil to RM600mil.

Is this confirm or just expected?

No worry, they have shift to PP-3 to run, there is no impact on the output.

Indoor theme park open next week.

Please transfer some for me if you do not mind.

All the while LCtitan facing high Naptha raw material price and also efficiency issue. From the recent few quarters result the efficiency are consistently above 83% while the new plant start to deliver full swing output. Recently crude oil drop from USD75/barrel to USD59/barrel that keep Naptha price hovering around 550/ton and below.

All macroeconomics factors are supporting LCtitan and there is no reason for this company to deliver poor result. Since the lagging on increase the ASP to this coming quarter with the advantage of low raw material price, LCtitan will surpass market expectation on its EPS. I am looking forward for 20cents per share earning, with expect is 50% dividend policy ~ 30 cents dividend declared.

Wish everyone happy investing!

Brent Oil 65 !

Any one can share TA on GenM chart?

I will close book for the time being. Meanwhile i am looking forward for indoor theme open, not because this will make the stock up but to bring my children there to enjoy.
Life is short dun always look only at $$$.

Thanks hstha good article!

no bad news, just that its raw material naptha drop from 730 to 550/ ton. Its next quarter earning will be improved a lot.

If you want to buy GENM just buy and close book. If you monitor too close you probably lost money due to the price fluctuation. GENM profit from Gaming and non Gaming is 40%-60% plus upcoming theme park will further boost its profit. GENM can hit 40 EPS if all capex completed.

Buy and close book, come back and watch next year.

GKENT, MYEG, DSONIC, GAMUDA, GENM all face the limit down fade. What is wrong with our finance minister? So still feel proud for doing so?

Short seller will help to push down at open market.

Will try to buy some today for quick profit. It’s once a decade opportunity.

Previous gaming tax is 25% gross + 25% cooperate tax,
Current gaming tax 25% gross +25% cooperate tax 43.75%
2019 gaming 35% gross + 25% cooperate tax is 51.25%
Total addition tax impose is 7.5%

Base on the recent year financial result profit from Gaming vs Other ( Hotel, F&B, Amusement and Etc) is 40/60 ( not consider income from UK and US), so the total addition tax impose could be 4% or less.
Regarding the re-newer license yearly addition on 30 million or 7.5million/ Quarter.
Currently GenM made 465million gross profit/ quarter compare with 7.5mil is not significant.

Since indoor theme park and Fox Century theme park is opening soon, the profit from Amusement will be more compare to gaming and not forget GENM still have tax incentive of GITP, which can easily offset the addition tax in 2019.

I happened to queue on Friday at 4.54 to buy, someone sold out big block to me, I am unsure whether is good or bad news but for me I will keep this counter for a while. Lets see

I own some other gaming stock for Galaxy Entertainment and Sand, I feel that GENM still a bargain compare to both Galaxy and Sand. Macau have total 6 gaming licenses (fierce competition) while Malaysia have only 1 gaming licenses with no competition. I might consider to realize the profit from both Galaxy and Sand to switch to GenM if have bargain price on Monday.

Anyway enjoy investing !

Thanks Kelvin for sharing, i have loaded in for the last 2 days.

Did i heard someone waiting for 4.00 or 3.50?

I observed one of the common retailer mindset. When stock crash below a intrinsic value people keep saying can go far more cheaper. When stock price shoot up until unreasonable PE people dream of sky is the limit. That is why fund manager make money.

Do not expect sudden shoot up in short term, but if you can hold without seeing the price fluctuation you will be rewarded. Have faith.

waiting for big fat dividend as per mention by Tony.

Thanks to citi downgrade and those ppl who critic lctitan manage to collect some yesterday.

Lctitan sell its product to its mother company, they can increase or decrease ASP as they like. Left pocket to right. Naphta price might not have much impact to its operation cost.

So far we did not see LCtitan report any lost in Quarter result, beside this company with 0 debt and project with new business revenue coming in this quarter, US shale oil and the PP3, i do not see any reason trade at 4.40. Company net asset at 5.07 with 50% dividen distribute policy. If 4.40 I will start buying in.
I still left with very small position and will add in if the price is right.

Marco economic on jet fuel price and weak currency is against Airasia operation cost. Coming quarter airasia might temporary facing another challenging quarter due to higher operation cost. If you do not have enough cash to hold on the stock not recommend to keep buying.
You will eventually get freak out and sell at even lower point if it drop further.

deferred tax could be reimbursement from previous quarter tax from tax department.

Any impact on trade war for airasia, drump gonna increase another 25% on 200 billion as early as next week?

Hi All,
Yesterday there are heavy sell down with insider news due to poor QR. Insider are aggressively selling their stocks prior the public announcement and cause the minority shareholder facing severe lost in their investment.
For those shareholder encounter this scenario I encourage those to lodge a report to Malaysia securities commission on the link below, in order for them to open file for investigation.

https://www.sc.com.my/lodge-complaints-2/captmarket/


Thanks

This counter create some money making opportunity for the time being. 10-15% profit until the Q result announcement.
If you by at 4.15 range you will able to sell at 4.70 or more after the Q result announcement.

Base on the ASP price shown
http://www.sunsirs.com/uk/prodetail-927.html
the price of iron rebar increase ~15% from 3887 to 4481.

CSC Steel product is CRS while AJ is Iron rebar (construction steel), iron rebar ASP price at highest point and this help AJ profit margin this coming Quarter.

Iron Rebar price goes up further, but Annjoo drop?

http://www.sunsirs.com/uk/prodetail-927.html

Thanks for the detail report, I kind of agree with Calvin statement and all the while i avoid touching this counter. In fact the steel demand is still there I will prefer to pick Annjoo follow by SSteel than lionind.

There are couples mega project going on Penang, these include reclaiming project in front of Gurney and 2 island at the south of Penang. There are also on-going plan for LRT in next few years. The demand of construction steel are high and Annjoo are position to benefit on those high demand.
If we can keep for another 1-2 years we might have at least 50% capital gain exclude the dividend >10% annually.

This is an interesting case study, lets list out all those points.

Pro:
AAC dividend ~80 cents
ASK 13.55 cents
Loading factor project >86% base on IATA data traffic still on uptrend
Adding new route capture new market.
Adding more LCCT
Focus on core business and improve EPS in future
Eliminate GST during this Quarter period attract higher traffic.
Up coming expediate dividend (may be next 2 Q)

Con:
High Jet fuel ~20%
some airlines reported lost
competition with MAS and Malindo

No right or wrong, just wait time will tell.

Buying new flight is under AAX and not airasia. Do not get confuse.

Small scale of route depending on fix customer to travel with the region. Poor loading factor and actually kill all the profit.
If you compare with AA with loading factor 86% and with 13.55 cent /km cost efficient can tell you AA Q result is actually not affected by the high jet fuel cost.

The AAC transaction will complete by this month end with special dividend announce. I will snap a photo of this dividend slip showing as this might be the biggest dividend I ever get.

i added some, what a well plan method to shake out retailer.

I know it is heart breaking when you lost money in this counter. This is because you did not understand the business structure and the impact of macro economic to counter.
I have been making few round in this counter by target the mid to long term. If you want fast money for go penny stock or money game, this is not your cup of tea.

Sold all Annjoo 2.15 and switch to LCtitan at 5.20

Buy back LCtitan for mid to long term goal TP of 5.60 by next coming quarter.

Cathay are compete among the long haul and premium customer unlikely the low cost airline within 1 region. Their operation cost is higher compare to AA and fierce competition among other airlines.
Beside we need to see the loading factor and the cost efficiency of $$$/ seat/KM. In this area Airasia are the best cost efficiency compare among other airlines.
Aside Tony did mention they do not prefer to hedge Brent as they are not the subject expert for commodities. AA learn a lesson back in last few years and result in huge losses and now Cathay is repeated the same mistake AA went thru before.

Good to hear that transaction are going on smooth and the deal should be completed sooner than expected. Next will be DIVIDEND announcement after the Q result.
All AA shareholder will be rewarded with so call special bonus.

More and more excited news are coming for Airasia. Once the quarter result announce they will likely to announce the dividend. Clock ticking and money will gonna flow in soon.

waiting for durian runtuh

Those who play Call warrant are easily blown away by such unforseen circumstances. You are playing with time factor and betting your lucky. As investor you should play long game. To reach the TP of 4.50 these might take few months to a year, but your CW life span are count down by number of days.