@Likesung, the total losses at the group level is RM30mil, however, net loss attributable to supermax shareholder is only RM7.1mil, meaning RM22.9mil loss is belong to other party (minority shareholder).

You may wondering how come Minority shareholder absorbed more losses than Majority shareholder (Supermax), let me explain in simple example below:-

ABC Holding Berhad have 2 subsidiary:-

Subsidiary A is 100% owned.
Subsidiary B is 70% owned, and balance 30% belong to minority shareholder.

Company A made profit of RM50mil
Company B make losses of RM80mil

At group level, ABC Berhad is making losses of RM30mil.
However, if you calculate on in detail, ABC Berhad actually is making RM50mil profit from Subsidiary A, and RM56mil losses (70% x RM80mil losses), so actual losses attributable to ABC Berhad shareholder is RM6mil , not RM30mil, because the minority shareholder at Subsidiary B have to absorbed 30% of the RM80mil losses (i.e. RM24mil).

So back to Supermax, I believe this loss making subsidiary is the US/Canada subsidiary, as their operation have been affected by CBP.

Many analyst comment that KLK is paying a high price for BPLANT, but they are comment based on the land price, low yield of BPlant's plantation, old ages of tree. None of them mentioned about the Bplant's land location, nor they have mentioned about KLK ability to convert plantation land become new township like how they did previously for Bandar Coalfield.

Not penny stock soon, but is back to what it used to be.
Texchem used to at 50-60sen level

Hooray... Hooray...

Hoora... Hooray...

Hooray... Hooray!

RM1.55

If you compare Hexcare with Comfort, you will realised Comfort is a better buy, as Comfort has :-

1) Higher sales
2) Higher capacity
3) Higher cash
4) Higher NTA
5) Lower market cap (mean cheaper than Hexcare, although share price is 38sen)


Then we look at what Hexcare have :-

1) Dato Eddie (one of the mastermind in Bursa)
2) 20% Investment in Empire City, not sure this investment will become
3) Test Kit business (I believe Self Test Kit is one of the future trend). I hope they can invent many new type of test kit, such as influenza test kit, dengue test kit, cancer test kit...etc. Imagine next time we all no need to go clinic anymore, just spend few dollar at pharmacy to buy the test kit, then you can self test whether you got the disease.

Ya, IJM offer is still on paper, nothing have been conclude yet.
WIth more and more bad news revealed, IJM may abort the deal.
By that time, PESTECH will sink to 10 sen level

@spider68, in this market there are many day trader, and many remiser that working for bosses.
For example, day trader can buy & sell the same counter for many times during the day, as they are aim for 1-2 bid gain only.
They can buy at 30sen, sell at 31sen, then buy back at 27.5sen, sell at 28sen, then buyback again 25sen, sell at 26 sen again..... so, if assume each transaction is 1mil unit, the same 1mil will be transacted 6 times during day, so the volume will be 6mil shares transacted, but actually only 1mil share is moving in the market.

Petronas is a well managed company.
But don't know why those indirect subsidiary that under Petronas (which not carry the Petronas brand name) is managed like a shit.

Danco subsidiary JUSEV will soon be appointed as Tesla Charger Installer.
Of course this is not a exclusive appointment, other player will be appointed as well, but this will keep the team busy, almost everyday have appointment, and the margin should be quite luctrative.
I think company should start hire 30-50 technician, to prepare for the market demand next year.

No surprise today, but luckily share price still can hold above 70sen.
But maybe will slowly go back to 65sen.
Save more money to accumulate more units if the price drop.

Why Zoros post keep being removed?

Any update on the signing ceremony?

IkanBilisIkanJerung, appreciate if you could share the first hand news to all the YBS supporter in this group.
Thank you very much in advance.

Really wondering who will be the financial provider for YBS?

Someone mentioned OCBC bank in thread above.
Some source said is Government linked institution (i.e. KWSP, KWAP, LTAT)
Some even said is International Institution (i.e. Termasek, Softbank, Goldman Sach, JP Morgan)

Anyone stay in Penang later will attend the signing ceremony?

Hopefully tomorrow no more sell on news.
Today market capital is RM178mil.
I hope by next year same day, it will become at least RM712mil (300% increase)

PPHB is a undervalue GEM.
When the timing come, It will shine like a Diamond.
TP 1 = RM0.70 (Achieved on 10th Jan 2023)
TP 2 = RM0.90 (Will be achieve soon when East Wind is coming)
TP 3 = RM1.?

Malaysia stock market have been behind its peer for many years.
It is time to catch up.
Day trader with low holding power have been dominated the market for many years, it now for value investor . long term investor to control the market.
We donwan earn few cents and take profit, we are targeting 10 bagger.
Select few stock with great potential and growth for next 5 years , then keep invest on them, every month very week invest, never think about sell before it reach 200-300% of your original investment

YBS will be next Genetec

YBS will be next Genetec.

GENTING BERHAD ("COMPANY") Offering by Resorts World Las Vegas LLC and RWLV Capital Inc., both of which are indirect wholly owned subsidiaries of the Company, of US$400,000,000 in aggregate principal amount of 8.450% Senior Notes due 2030 ("Notes")


Does it mean Genting need to pay 8.45% interest to those investor that purchase the Notes?
USD400,000,000 x 8.45% x RM4.5 = RM152,000,000 interest per annum?
Why willing to pay so high interest?

add more 30,000 units @ 66sen/66.5sen, last batch for this month.
No more bullet d.
Need to go to earn more money to accumulate more YBS

0.50 could be happen after it hit RM5.00, the split for 1:10

@Hotstuff, for the past few months, I believe YBS has been working closely with Local Bank Institution, together with Government Institution (such as EPF, Khazanah, LTAT, KWAP) , to work out on the funding of USD70mil.
And today they have signed this agreement, meaning YBS should has successful secure the funding.

This company market only RM180mil, and now it is signing a contract with a USD3bil company to collaborate on a production facility which involved USD 100mil cost of investment.

I mean this is a very big project and it could help this company to turnaround to become one of the top manufacturer in Penang, why retailer are jumping ship now?

Please imagine yourself, if you are going to invest USD100mil on a factory (equivalent to RM450mil), which is more than double of its existing market cap, what kind of annual sales your are expecting? Let said very prudence, this factory should at least produce minimum RM200mil sales per year (current existing revenue is around RM100mil), so you can expect this company will become a company with RM300mil revenue per annum, and assume 10% profit, it will have PAT of RM30mil per year.

Why you jump ship now?

Once again, Sell on News happen!
Really disappointed with Malaysian market, full of retail investor that aiming for small profit and hit n run.
Why Malaysian investor cannot aim for long terms? Hold the share from RM0.70 to RM7.00,
Why earn 3sen, 5sen already take profit ?

Why tomorrow? Any special event on tomorrow?

Tesla Model Y received 10,000 order in few days.
Assume 10% of the customer will order wall charger from Jusev, there is another 4,000,000 revenue on the book.

在小小的Bursa里挖呀挖呀挖，挖到了一个非常有潜能的Dancomech.

Wah... Even Dr Loh also cut losses... Just within a month.
Really salute to Dato Eddie.

No matter RM1.30 or RM1.40, it will build a very good base for BPLANT share price.
Mean the price will forever stand above it.
hope the announcement faster come out

DANCO is the hidden EV Theme Stock.

Its subsidiary is doing extremely well in the EV Charger market.
Malaysia is expecting minimum 10,000 charge station by 2025, and I am expecting market should have et least 50,000 unit of EV car by 2025.
Assume each customer average spend RM4000 on the EV Charger installation, DANCO is expecting to capture 10% of the market share, so perhap we can expecting at leas 5000 customers installation within the next two years, which is equivalent to RM20,000,000 sales.

I remember I saw an analyst report before few months ago, it stated the RNAV of BPLANT is around RM1.89.

Hopefully can sell at RM1.80 and above

any bad news?

@HuatAh8809, your source is from where?

@JJPTR, the warehouse will have 2.8mil square feet of rentable area.
So you can imagine how big is it.
One football field has 57600 sqft, so the warehouse size is about 48 football field.
So now you believe it worth RM654 mil?

Eddie style is like this, your will forever 估他不到。
I think he must have very professional team and very canggih system to help him count the ticket on all the retailer's hand.
When you bought and hold the share, it will everyday sink few cents.
No matter how strong you are, it will make your blood slowly slowly drain out.
95%, 80%, 65%, 55%, 45%, 32%, 26%.. untill you terpaksa cut loss at 25%, then it start to surge up.

Cricket sound mean something is brewing... haha.
Today is T3 of the big volume day.

I have bought my ticket for this train, hope can bring me to the beautiful destination.

Another 100 times oversubscribe counter?

Trust me, Opcom will never never become Hextech.
You know why, because Opcom got too many retailer like you n me sitting inside dreaming Eddie will goreng it one day.
Hextech can go so high because no retailer inside, the counter is fully corner.
Opcom has too much retailer.

Someone said Opcom is cash rich and no need money for right issue, then for me cash rich is even more dangerous. When the company has too many cash, Eddie will proposed something like sell his personal asset to this cash rich company and transfer out all the cash.
Please study SWSCAP, see how he propose SWSCAP to buyover those useless vacant land from HEXTECH, then all the cash of SWSCAP will be channel to his own company.

Don't be over confidence with Eddie.
Later he announce want to change Opcom to "Hextar Network", and announced right issue of 3 new share for every existing 1 share, then you will cry.

Every year can learn some new tactic from Eddie Ong, salute.
From Rubberex, Hexind, KIP, Hextech and now SWSCAP.

Just reversal of impairment loss, not real profit from operation.

Deal, but you need to have a strong heart before it can reach to RM1.50.
Price will be very fluctuate this period, It can go down to RM0.60 before it fly high to RM1.50.

This counter really abandon by the market d.
Pity to those who subscribe for private placement of 83mil share @ RM0.80.
Why Dato Eddie abandon this child?