moven00, Allianz PE is misleading as it has preferred stock which is almost as big as its common stock, thus PE should double. Study more

Hahaha! Good news then. A change in direction

Who calculate total assets? Don't have liabilities? Money earned used to pay down debts, net asset increasing lor...this is the most basic accounting...aiyo

Net Asset increasing lah..aiyo

How many more fantastic quarters does it take to wake up sleepy Malaysian investors and brokers? Ridiculous PE 4x for insurance companies? Share price should double or triple to catch up with other insurance companies. Malaysian market is just ridiculous.

Investment bankers and brokers syok sendiri, buy sell buy sell...Yawn..

IBs wanna control the price to render warrants worthless at maturity date lah I guess.

Good lah, please sell so that we can collect more.

Yes. Laughing their way to the bank. Cheaper feed costs can give them an extra few hundred million in profit each year.

No removal of egg subsidy. All the hoohah and selldown for nothing...Thanks to all who sold.

This article originated from Feb 2024, causing share price to plunge this week. What a joke. Since Feb 2024, its following few quarters had been nothing short of breathtaking. Who is this joker who recycled this outdated article just to drive down the share price?

Operators might just be the issuers of call warrants: Maybank, Ambank, Kenanga, Macquarie etc

So funny, LHI's stake in Teo Seng is just MYR350mil based on current price, 13% of LHI market cap, almost negligible effect. Who is selling? Thanks so much. Please sell more

It never stopped giving dividends. What's resuming?

Some guy didn't get the memo that Nikkei is up 11% now, reversing yesterday's losses

Dividends are usually announced end of Sept every year lah. Why should it be different this year? Check history lah..yawn..

Please sell more. Time to load up.

Just hold. MNRB should be above RM4. Plenty of upside to catch up with Takaful, Allianz, LPI.

Jackpot land

Please just break RM2, why block it...lol

Crazy results! To the moon!

KSL price is too ridiculously cheap. I hope boss will just REIT their investment properties, then price should at least double.

Whoever wanna sell, pls sell faster. Yawn...

MNRB should rise above RM3 if it's to priced similarly with Allianz, LPI or Syarikat Takaful. Overpriced? What a joke.

Somebody is so keen to sell out. Sell everything faster. Yawn...

KSL boss should just spin off its property investment segment as REIT. Profits from property investment is at least RM100m. Savings from tax exemption of REIT can be up to RM30m. Ascribe a PER of 12x to its RM130m profit, market cap of the REIT can easily be RM1.56b, more than its current market cap. If boss does this corporate exercise, share price could easily double.

Yummy results :)

Thanks to all who are selling. Boss keeps buying

Chance to buy now. Ringgit is almost all time low. Any ringgit rise will benefit Teoseng.

Good that small players are selling to big sharks. Soon there won't be anything left to sell before the next big upleg.

This should be worth at least RM3 if compared to Allianz or Syarikat Takaful, vastly undervalued.

Hahaha. They're probably the worst syndicates around

This stock cannot be timed. The boss has no intentions of unlocking and rewarding shareholders, there are no outsiders ready to launch a hostile takeover, boss is not interested to take it private or don't know when...Anybody who wants to make a profit from this will have to wait forever. Value trap due to boss who's only interested to keep his own share price as low as possible.

Too cheap. If Carl Icahn is here, he'll probably just launch a hostile takeover on KSL and immediately bring in ROI of 200%

https://theedgemalaysia.com/node/697238

Fake block at 1.34-1.35

Time to vroom vroom...

edcheong, what do you think? which one makes more sense?

Planned rate increases to the West Coast and to other lanes not directly impacted by Red Sea diversions like the transatlantic – which are set to increase sharply in February to at least $5k/FEU from their current level of just $1,240/FEU – may reflect that capacity is tightening across the market as more vessels are activated on the ex-Asia lanes. They may also show that longer transit times and possible schedule disruptions on those lanes could lead to some port congestion at import hubs and to empty container shortages which likewise could be felt even beyond Red Sea services.

Demand is likely increasing as shippers try both to ship further in advance to accommodate longer transit times and to get orders out of China before manufacturing slows down over the Lunar New Year holiday that starts February 10th. So the next couple weeks will likely be the worst in terms of capacity shortages and possible congestion. As demand eases in late January, the industry may have a reprieve to recover schedules, and with a typical lull in volumes following Lunar New Year, freight rates may start to ease in late February – but should remain higher than usual until container traffic returns in full to the Red Sea.

But even if rates do climb to the $6k- $8k/FEU range, these would be well below the $15k/FEU level seen for Europe and Mediterranean rates and the $22k/FEU level for N. America East Coast containers caused by the extreme surge in volumes and port congestion during the pandemic.

Elevated freight rates are leading to expectations that carrier profitability will improve in 2024. Investment bank Jeffries raised its container carrier outlook for 2024 given the change in rate conditions and the possibility that they will lead to higher floor even as conditions stabilize.

Carrier stocks are reflecting these expectations and reacting to any signs that Red Sea traffic might recover, too: ZIM Lines, which is heavily exposed to the spot market, saw its stock jump 60% in December as widespread diversions began, fell double digits when Maersk announced they’d return to the Suez, and then rebounded when Maersk suspended Red Sea service again.

Recent reports that some carriers are negotiating with the Houthis to secure safe passage for their vessels led carrier shares to drop Monday, though Maersk and Hapag-Lloyd denied they were in talks with the Houthis.

Longer ocean transits are expected to push some volumes to air cargo. Through last week, Freightos Air Index rates for Asia - N. America were level and N. Europe continued their decline that began in mid-December, and would be typical for the weeks just post-peak season.

Daily rates for China - N. Europe on Monday, however, climbed to $4.11/kg, up 38% compared to the end of the year and possibly reflecting the start of an increase in demand caused by the Red Seas disruptions.

Best,

Judah Levine, Head of Research

The valuation is so so cheap that even boss might be tempted to privatise it. Hahaha

If declare dividend earlier, won't be that cheap la. Better accumulate before it announces dividends because once it announces it, share price will fly to the moon. Don't declare first, let us buy more.

drakoryn When the Asia-EU rates came down, it affected the performance of Harbour but when it goes back up, it has no effect on Harbour. Okie, make sense...

https://theedgemalaysia.com/node/696196 Investors still sleeping

EPF blocking again? Yawn....

https://www.freightos.com/red-sea-and-suez-canal-shipping-crisis-update/?utm_medium=email&_hsmi=288602754&_hsenc=p2ANqtz-_fv362DPp_Cw4LZaZyZVoXMflbjmI_5LDk1lrc5Ks7rW1xE5hcsRcvBmuO3ZNzeogiu3c2AqhNT1G9BlpCPRKsBY-ebQ&utm_content=288602754&utm_source=hs_automation

Should rebound soon

Just amazing that the Red Sea tensions that are driving up container freight rates are having zero effect on Harbour. The lagging and sleeping investment community of Malaysia is out of this world.

fcwong, if you wait until the issue is settled, share is already breaching new highs.

Malaysia's turn to resume once govt gives the green light? Haha

https://english.kyodonews.net/news/2023/12/18cc294c967f-daihatsu-resumes-auto-shipments-in-indonesia-amid-safety-scandal.html