@MrRightMrLeft

I have the same feeling too. Not sure if it is a good opportunity to catch some.

4 Subsidiaries not audited by KMPG


PT Kubic Gasco (“PTKG”)**
Indonesia
Processing and supply of compressed natural gas

EMCO Holdings SA (“EH”)**
Switzerland
Acquire, sell, hold, manage and oversee participant in other companies

PT Serba Dinamik Indonesia**
Indonesia
Operation and maintenance of plants and facilities, engineering, procurement, construction and commissioning and related products and services

SDITAI Inc.**
United State of America
Research and development

2019 Annual Report
https://ibb.co/wJwPRFk

Any sifu here, tomorrow can catch falling knife?

what is your TP?

tomorrow can buy or not leh????

and I bet they do read this i3 forum too. they should know what to do.

I think by Friday we'll know what is going on. Management should come out and clarify things tomorrow, if they don't, then I see this as a bad sign. Also, if the price do drops alot and no directors bought any to show support, be it RM100K or RM50K, this is another red flag. I expect them to do so if the price do drop. Friday will be the day, not tomorrow.

Looking back at Transmile... Before the collapse in 2010, directors has been selling for years, no buying. Only Kuok and other funds bought.

Serba, Karim has been buying and buying.

Tomorrow will be bad, but once Management comes out and clarify everything around noon, hopefully things will go back to normal.

rr88 sounds like Anson Liew.

I guess we'll have to wait for tomorrow to know what is going on. Hopefully the directors come out and clear stuff, or even better, buy shares to show support.

QR is supposed to be out on 20th, but they only announce this on 26th, by right they already knew this at least 2 or 3 weeks ago. If it is really bad, I expect many directors trying their best to sell their shares prior to the announcement.

Anyway, too late to speculate. Hopefully management clarify what is going on around 12 noon.

I came here for MRT3 news but nobody is sharing anything? Weird.

Ok, just read this in MalaysiaKini. Seems like he is an anti-Najib guy.
https://www.malaysiakini.com/news/569360

Oh well.... sad. Gkent good company bad reputation. Tan Sri Tan not smart enough, go golf publicly with najib.... just saying.... hopefully water meter can save the company.

Can someone please tell me why this UMNO guy Tajuddin dont like GKent? The Parasana CEO was the fall guy, Tajuddin is untouchable as PM needs all the support. If Tajuddin hates GKent, this means chances of GKent getting the project is 0? Am researching, not bashing. Someone explain more, thank you.

https://www.theedgemarkets.com/article/newsbreak-prasarana-chairman-tajuddin-exerting-his-authority

@Cockroach Paul Lee

Am not a stock expert, cant advice. But the glove venture is a big let down. Hopefully everything turns out well. I see construction as a way for the gov to stimulate our way out of this recession, thus I like GKent.

@Cockroach Paul Lee

I think i just say glove no hope. sorry if I was misunderstood. I dont recall saying construction and water meter no hope.

@Cockroach Paul Lee

Why future bright leh because got FDA? So many big boys got FDA approval, only new comers will have some difficulties or need some time to apply for it. TopGlove, Harta, 3M, Honeywell, Ansell and many more are competing in the same develop market, why you say no competitor? I dont know 3M or Honeywell source it from where or they make their own, I am not a glove expert.

Does Honeywell make their own nitrile gloves? If not, whom do they source it from? And how long does it get to have an FDA approved gloves?

@Cockroach Paul Lee

To be able to supply to Honeywell, they need FDA approval. Which will take years. FDA approval is the moat for the big boys. Smaller glove companies without FDA approval can only supply to poorer countries, lower margin and profit.

@MoneyShow3

I like this CU store thing, but you cannot put QL on the same page as myNews. myNews has so many quarters of losses while QL's earning has been growing steadily.

Opening up CU Store is the right move, the wrong move to continue expanding the myNEWS store. I dont understand why can't they just convert all to CU. If CU is profitable but myNEWS is a drag on the company, they will not be able to make a decent profit. For QL, all of their segment are making profit.

Can myNEWS be PE60? Maybe, but they first need to show good earnings, growing earnings. After all, it took FamilyMart 3 years to break even, so, I think myNEWS did say it will take them approximately 3 years to scale CU up to be profitable or breakeven.

p.s. I dont own QL or myNEWS. but I do frequent convenient store frequently.

@pamaladu

And if the new glove venture make losses? GK will bear the 40% burden too. What is the future for glove at the end of 2021? I am certain in 2022 it will be oversupply. And if the glove factory make losses, GK have to fork out the 40% losses via capital injection, no free lunch.

@Rwkl

those that disagree with this glove venture are waiting for 6/4 dividend. We will only know on 6/4. if it goes up alot, majority are happy with this new venture, if it goes down alot, majority disagree. Who knows, maybe it will just go sideways.

@eesquare

Glove still bull market? U sure? by the end of 2022, probably most of the western countries are fully vaccinated or almost there. Where to sell those rubber gloves? some more if I am not mistaken, they are making rubber gloves, not nitrile gloves, which is the most profitable gloves.

Do you know there are now 30 new glove companies in Malaysia? That is Malaysia alone, what about China and Thailand or Brazil?

I am willing to bet by the end of the year, 2022, when production starts, they will report losses at the end of 2023. I rather play safe than risk my money. Put in Nestle also better.

EU will not take this slavery thing lightly. Matter of time EU join US and ban TG. Just my opinion.

Europe usually follow USA, so, matter of time they also ban TG. That time. below RM3.50 also possible.

@Yumiwong90

please read the financial report. The profits in 2017-2019 are mainly from selling their planes. They have no more planes to sell anymore. Their main profit in 2017-2019 is not from tickets.

Get this right, dont lie and create fake news.

So, now no more planes to sell, no tickets to sell, no money for refund... tell me, how to make money?

Loss RM2B.... how much to lose next quarter? Lose until 2022? Borders wont open until 2022. Do you know GrabFood, FoodPanda, Uber and all those companies are not making money? Even WeWork and Sea Ltd's Shopee are losing money, basiclaly everyone is throwing money to see who die first then dominates the market. AA got so much money to throw against Grab? Grab is owned by Softbank. That guy is crazy, throw money like no tomorrow. AA Delivery will bankrupt AA.

This was how they made their profit:

https://www.thestar.com.my/business/business-news/2018/12/25/airasia-sells-25-aircraft-for-rm322bil

https://www.nst.com.my/business/2018/03/340191/airasia-sells-its-aircraft-leasing-operations-rm463b

not selling tickets. So, no more planes already, now sell what? Sell ticket lose money, so how? Somemore got so many ticket not yet redeemed. Once open border, everybody claim the tickets, but they have no income, but got expenses to pay, so how?

@yomiko6789

You dont even know where those profit comes from. Do you know during 2017-19 they sold most of their planes are give it out as dividends. They have 0 planes. Nothing. That was their main profit, selling planes, not selling tickets.

You dont know how to read financial report?

Border wont open until 2022. By then, do they have enough money to survive? Gov will bailout indirectly.

If they can't make money selling tickets in 2018-2019, how can they make money now? No more planes to sell.... nothing.

@Anything99

Airasia yearly operating profit 2000mil?????
expect can gain 3000mil profit at 2023 yearly????

Where says 2000m? You know they are unofficially a PN17 company?
Have you factor in the debt they have to pay and all the tickets they need to refund or replace?

i3 here got the quarterly report section, can you show me where says profit?
AA is bleeding money, they wont make money this year, that is for sure. you can bookmark my comment and reply me in dec 2021

@AllYouCanBuy

Which part made up? Please explain. I am here to warn new investor not to fall for your lies. AA will not be profitable for many many many years.

@8u29song

Tony refund all the air tickets already or not? Got money to do so many tiktok videos, no money to refund? Refund die, dont refund he will need to replace new tickets, this means future no sales as stated in the article, RM1B in ticket sales yet to be redeemed which AA needs to honor. So how?

https://focusmalaysia.my/top/airasias-capital-raising-is-positive-but-issuance-of-free-shares-is-not/

This article explain everything in detail. AA will not see profit for many many many many years, and they never made profit in 2019 also, that was before covid.

many new retail investor like to buy big brand names without understanding the business. They see AA now RM1.17 and see last time RM3 and think one day AA will go back to RM3. If like this, better go buy Parkson, one day Parkson can go back her peak, can earn 1000%. Or maybe go buy YTL.

AA is a rubbish company, was a rubbish company before covid and will be rubbish after covid.

Karim even sold his Serba's WA to buy the mother share, he did it again on the 18th. Now he is selling his KPower WA and SCIB WA again, I bet come 31th March or April with the dividends he gets from SCIB and Serba, he will buy even more Serba.

Karim even sold his Serba's WA to buy the mother share, he did it again on the 18th. Now he is selling his KPower WA and SCIB WA again, I bet come 31th March or April with the dividends he gets from SCIB and Serba, he will buy even more Serba.

Karim even sold his Serba's WA to buy the mother share, he did it again on the 18th. Now he is selling his KPower WA and SCIB WA again, I bet come 31th March or April with the dividends he gets from SCIB and Serba, he will buy even more Serba.

AA has been losing money since 2019, that was before Covid, so how does AA makes money after Covid? Border wont be open until mid 2022, can AA last for this long?

All those digital, food delivery and etc are money losing venture. Until now, GrabFood and etc are not making money.

Tony is very good in marketing.

April 1st, CentrePoint 1U.

https://www.facebook.com/klfoodie/posts/795860564386842

His TP price is RM2, and I can guarantee you when it reaches RM1.80, he will revise a new TP say re-calculation because missed out something, new TP is RM2.50.

All this while he quietly sell at RM1.80.

Be one step ahead, sell at RM1.50

Also, those that frequent FM like me will know almost all of their Ready to Eat meal are not available, close to 2 months. Only last 2 weeks started to have those RTE meals again. That is their biggest earner for FM. Their kitchen got covid cases, so got shut down.

But for long term holders, this is just a small bump, nothing to worry.

Dato Karim said he hopes Serba market cap can double and double again in the coming few years. I wish him all the best. KPower and SCIB are proxy to Serba Dinamik. If Serba succeed in growing their market cap, this also means KPower and SCIB will be getting many side projects handed down to them by Serba Dinamik.

Both KPower and SCIB are in consolidation mode, it will go sideways for a few more months, but long term it will go up, just a matter of time.

https://www.youtube.com/watch?v=eUN00lHlm14&t=537s

Dato Karim said he hopes Serba market cap can double and double again in the coming few years. I wish him all the best. KPower and SCIB are proxy to Serba Dinamik. If Serba succeed in growing their market cap, this also means KPower and SCIB will be getting many side projects handed down to them by Serba Dinamik.

Both KPower and SCIB are in consolidation mode, it will go sideways for a few more months, but long term it will go up, just a matter of time.

https://www.youtube.com/watch?v=eUN00lHlm14&t=537s

Remember, TP price is RM2, so this means KYY and gang will start throwing at RM1.80, also he will write more good news when it reaches RM1.8 by saying the real TP is actually RM2.50 or something higher, recalculation.

So, be one top ahead. Start throwing at RM1.50 and dont look back.

Sell before it hits RM2, KYY TP is Rm2, so his gang will be selling slowly at Rm1.8, so you must be ahead of them, sell at RM1.5

dont hold the bag like supermax

@messi88 Petronas, just not listed. Estimated to be worth RM400B market cap.

After consolidation then RI.... kind of risky, right?

Next quarter the results will not be good. MCO in January means FM lower sales, and also palm oil price drop beginning of the year. Couple with the fact that this coming quarter, Q4 is always the weaker quarter among the 4 quarters.

So much hu ha from Tony, but QR report delay by 1 month. I can bet you the same thing will happen to next QR and next QR.

GrabFood, FoodPanda and all these ventures are money losing ventures. How can AA make when these big boys are losing? Tony is good at publicity, also, AA has been losing money since 2019, which has nothing to do with the pandemic, why?

Yinson did PP in 2015 and 2017, not sure if they did any prior to 2015. I think they will do PP again. Just my gut feeling.

Seriously? You guys think Awang is still in this counter? He already sold everything or most of it in december, he no longer holds a majority position in this company. He sold 75% of his holdings in december.

@Riaz1954

I think i read somewhere the solar farm project will cost USD100m. Do they have that sort of money? I have a feeling insiders are selling in anticipation of some kind of news, doesn't make sense for the stock to drop 2 days continuously after a very good news + good earnings too. I'll wait.