Salute to the operator.
Really salute.
Hope all retail investor manage to escape before they pull the net.

Pure goreng counter, its revenue and profit is only 5% of Chinwell size. But market cap is almost one third of Chinwell market cap.
Based on PE 50 times like Techfast, Chinwell should worth RM9.00 per share

Hooray.. Support Gan Hai Ong, he is real superinvestor.
But becareful, later oldman hire private investigator to investigate who is Gan Hai Ong again.

Viper88, the problem with Bintai is it Management integrity.
No matter how many project they been award, they will always submit a loss making report card.
No only one quarter, it has been making loss for many many quarter d.
You see the problem?

KUB is a good counter discover by koko888, hope he can come here to share his view on recent drop.

Why drop? any news?

After I read the above article, I still can't manage to understand Ethereum.
Hope more forumer can share more information on this type of technology.

DickyMe, please read all my previous comments.
I have explained many times on Digistar company operation, hope it can help you to understand more about this company.

Dear Professor Neil
The highest price JAKS achieved is RM1.79, and today is RM1.43.
If we assume Mr KYY and his wife still holding 127mil shares, that means his profit has been wiped off by RM45mil.
If we assume his scholarship to those student is RM100,000 each, that mean there are 450 students just lost their scholarship for further study.
And if we assume these group of student suppose can produce average GDP RM100k per year for the next 30 years if they have the opportunity to further study, and now without the scholarship, they only can produce GDP RM40k per year, that mean there is a losses of RM810mil GDP for Malaysia for the next 30 years.

Yesterday a young guy told me that he bought 100 big lot of JHM from 80sen level, and he has yet to sold it until today.
Seriously, I don't believe it.

Buy Leonfb before too late.
This counter sure will pass RM1.00 level by end of August 2017.
(Provided there is no big crash happen during this few month).

Same trend as Prestar, last time I bought it from 59sen, then it slowly climb up to RM1.20.
(But I've take profit at 95 sen).

Back to fundamental analysis, next quarter will be super excellent due to:-

1) One-off gain on disposal of SILK highway;
2) 15sen dividend is coming, so indirectly your cost of purchase reduce to 35sen only (assume you bought at 50sen)
3) A big portion of the RM380mil cash received from PNB will reduce its loan, and indirectly reduce the interest expenses, and increase its profit.
4) Another RM20mil is coming once they fulfill all the condition.
5) The marine logistic should perform better, as this quarter should have 3 tanker operated (last quarter 1 tanker was under repair).

P/S: Actually the purchase price of the 3 units of 7000 tonnes chemical tanker is very cheap. The pruchase price is only RM74mil for 3 tanker, and that tanker are relatively new (build in year 2011) If you refer to Nylex, it just build a same size chemical tanker at the cost of RM65mil per unit.

Big big $$$$$

Justa Doll, everyone expect there is a special agenda in the AGM this morning. But now since no special agenda in the AGM, then sure no eye see d.
So, the strategy now is to close one eye, accummulate more when it go lower, then wait until they announce EGM for special dividend, then can open eye see again.. haha.

Aiyoyo... no eye see d

Very short term Target Price minimum RM0.55

Amnota, yup, this is the nature of the business. Very hard to predict.
So the best way to buy this kind of stock is slowly accumulate it.
No matter the QR is good or not, just keep on buy some and put inside safety box.
For this counter, my lowest cost is below RM3, and highest cost is above RM4.50.

If this coming quarter can achieve RM20mil profit, then we can expect another 5 sen dividend.
Hope it is achievable.

Mr Radzi, this is a very good article, please keep posting this type of article.
Nowadays I3 got many conman come out cari makan, and this will cause many young and new investor being conned by these group of people.
We can't stop them from conn people, but what we can do is to share some knowledge, share some lesson to them, so they wont easily get conned.

Huihui liong, if no 20sen next week, diehardunited will just delete this post, and post a new article on new counter with a new Target price again.

He will continue doing this for 100 - 1000 times, sure 1 time what his target price will be hit, and by that time he will keep on share the post, and some new forumer will think he is stockgod and follow his buy call.

Newspaper said Sunway Medical will get listed soon, by mid of Year 2018.

Before Sunway Medical listed, we all should focus on TDM first.

Included the new hospital at Terengganu, TDM should have total 427 bed.
For a size of 427 bed, its market value should be at least RM400-RM500mil.

Many people are concern about TDM's PBT on its healthcare unit, because it is relatively low compare to other player. However, if you have monitor their corporate development for the past 3 years, you will know know TDM is expanding and upgrading its hospital (i.e. Taman Desa, Kelana Jaya, Terengganu). All these expansion and upgrading expenses has caused their PBT drop for the past 2 years.

However, all these will be ending soon, the Taman Desa medical centre has completed its expansion, from 27 beds to 80 beds, and the Kelana Jaya Medical also increase to 50 beds, plus the new Terengganu Hospital with 130 beds.

With the additional beds, I'm expected revenue will increase 15%-20%, while PBT will be increase to at least RM5mil per quarter.

Based on Rm5mil per quarter, 1 year is RM20mil. If we applied PE of 25 times, then its healthcare unit will be worth RM500mil.

If profit can increase to RM7 mil per quarter (which is very possible for the size of 427 beds), then 1 year will be RM28mil, times 25 PE, it will be worth RM700mil.

If everybody is waiting to buy OR, how can OR be cheap?

For each OR, you only need to pay extra RM0.95, then you can get 1 preference share + 1 bonus share, if we assure both of this share worth RM0.75, that mean u will have RM1.50 worth of share on hand.

So theoritically, the OR at least worth RM0.55, right?
And if OR is not cheap, then why not buy mother now?

Thanks gcke

Question: 10-15 years ago, I remember we have 1 very large size IPO named TITAN Chemical. But after that it has been privatize. And now this Lotte Titan come out again, is it this is the same company?

Before Sunway Medical listed, we all should focus on TDM first.
Included the new hospital at Terengganu, TDM should have total 427 bed.
For a size of 427 bed, its market value should be at least RM400-RM500mil.

Many people are concern about TDM's PBT on its healthcare unit, because it is relatively low compare to other player. However, if you have monitor their corporate development for the past 3 years, you will know know TDM is expanding and upgrading its hospital (i.e. Taman Desa, Kelana Jaya, Terengganu). All these expansion and upgrading expenses has caused their PBT drop for the past 2 years.

However, all these will be ending soon, the Taman Desa medical centre has completed its expansion, from 27 beds to 80 beds, and the Kelana Jaya Medical also increase to 50 beds, plus the new Terengganu Hospital with 130 beds.

With the additional beds, I'm expected revenue will increase 15%-20%, while PBT will be increase to at least RM5mil per quarter.

Based on Rm5mil per quarter, 1 year is RM20mil. If we applied PE of 25 times, then its healthcare unit will be worth RM500mil.

If profit can increase to RM7 mil per quarter (which is very possible for the size of 427 beds), then 1 year will be RM28mil, times 25 PE, it will be worth RM700mil.

Pasu Pasu... Sure palsu la.

Stock Kingdom, this SAB share is for my son's future university fund.

Hope it can grow from RM80k to RM800k or more.

As long as they settle the Indonesia Land issue, then TDM will go back to RM0.80.

If they manage to buy the land from their shareholder at below market price, then it will go back to RM1.00.

If CPO price go back to RM3,000 level, and oil palm production produce good yield, then it will go up to RM1.20

If they get approval from SC to list their Healthcare business, then it will go to RM2.00.

Hahahahaha!

This SAB will really turn into AJINOMOTO.

See you at RM20.

If I am Muddy Water, first target counter to be short selling will be this JFtech.
I can press it down to 60sen

我选择相信数据

看回2016年的财报，公司平均每个季度RM175mil的营业额，年尾的应收账款是RM273mil，但其实只有RM223mil 是生意的应收账款，其他的部分是购买机械的订金。所以223除175，大概是1.27倍。

再看会2017年3个季度，公司平均每个季度RM248mil的营业额，应收账款是RM308mil（不清粗多少是购买机械的订金），但就算我用308除248，也只是大概是1.24倍。

再看回2016年报，95%的应收账款都是在60天的账期内，没什么问题啊！

I like EG, I also believe in VenFX.

But I just can't understand why EG price is stagnant at 85sen level.

Why? Why? Why? There must be a reason behind it.

Can I ask question here, hope anyone with strong accounting background can answer here:-

1) Censof hold 17% of DNEX share, so it is classified as "Investment in Associate" or "Investment in Quoted share"? Actually what is the minimum threshold to determine whether it is an Investment in Associate or Investment in Quoted share?

2) If DNEX posted a profit of RM100mil in this quarter, will CENSOF report an RM17mil as shared profit from Associate on its income statement as well?

3) If DNEX share price increase from 40sen to 60sen in this quarter, will CENSOF report this as unrealised gain on investment in quoted share?

Appreciate if someone can share the answer here.

Very sure LEONFB will reach RM1 level, no more penny stock.

Normally how long it would take for LEONFB to received the compensation from government?
Few months or few years from the date they accepted the offer?

Why afternoon session suddenly drop so much?

Received dividend

who is sonny

6 months ago, Shell decide to sell its 51% of Shell Refining Co (now named as Heng Yuan) to Heng Yuan @ USD66.3mil.

Let assume USD 66.3mil is equal to RM292mil, that mean the entire Shell Refining Co is worth RM572mil.

Look at Friday closing price, the company now is worth RM1,728mil, a 300% increase within 6 months.

Please use your knee and think (用膝盖去想）, Shell has running this business for so many year, Shell have operation is so many country, Shell have so many expert / talent investment analyst, do you think Shell will sell it 51% share at RM292mil if this company are worth RM1728mil?

You think Shell don't know how to calculate how much profit can be generate from this business?
Shell so stupid cannot run the business but Heng Yuan so smart can turnaround the company within 6 month?

Conclusion, I think RM1728mil is definately over-value for this company, now it should worth RM700-800mil only (30% increase from Shell disposal price). Not to said this company cannot growth, I believe it can worth RM2000mil in future, but not now, now within 6 months after Shell disposed it at RM572mil.

AK2899, if your exposure to this counter is very minimum, then you still can buy more.
But for me, it already exceed 30% of my portfolio, no matter how much confidence i had on it, I cannot top up anymore. I still have long journey to go, cannot bet my future on 1 stock.

very good analysis and interesting topic

Any idea why this Malay Tan Sri Director keep selling his share?
Cash out for Hari Raya?

we squeeze unknown404 kao kao.

All speculator abandon ship and cut loss d...
This stock will start its winter sleep until July'17.

So as a long term investor, what can we do now?

Option 1: Sell it
Option 2: Ignore it
Option 3: Sell first, then buy back lower
Option 4: Put aside first, ignore the gain/(loss) on this counter, focus on other counters in your portfolio, and monitoring the company development closely.

For me, I choose option 4.

Hope Digistar will shine again in future!

Look at past two financial year, Q3 always the lowest sales quarter of the year. But this round, Chinwell submit an impressive result with highest revenue.
If next quarter can get EPS 6sen. then we can expect another 4.5sen dividend..

Yup, I also missed it this afternoon. Now only saw it.

After the CCHB and MAGNUM case, I really worry one day IRB will put Genting under the spotlight.

By that time, I think the tax amount they demand for is not RM400mil, but is RM4bil or more.

Yup, next quarter will be super excellent due to:-

1) Gain on disposal of SILK highway;
2) Oil & Gas segment will be better, as Crude oil price was at USD50 level, more n more Oil & Gas company resume their expansion activity.
3) The RM380mil cash received from PNB will reduce its loan, and indirectly reduce the interest expenses, and increase its profit.
4) The marine logistic should perform better, as this quarter should have 3 tanker operated (last quarter 1 tanker was under repair).

Compare to YoY, the revenue almost same.
Since the the average selling price has increase substantially, revenue remain means sales volume are actually dropping.

Look at SSTEEL, revenue increase substantially compare to YoY, that means SSTEEL has eaten ANNJOO market share. Maybe SSTEEL selling their product at lower price in order to eat AnnJoo market share, that why SSTEEL profit margin is much lower.

Look at SSTEEL inventory, it has increase substantially, like Leoting always mentioned, inventory level is the key factor to win in this field, so next quarter SSTEEL may give a super surprise ultimate excellence result!!!!