Nice disposal non strategic property

Bro albu, how long to hold. 43sen market cap only 75mil, I think more upside say 100mil market cap?

Powerful company...unfortunately sold too earlier 0.5x... hope Cabnet can continue to streak for dc related companies

Going to shift my profit to cabnet. Thanks MNHolding!!! It's been a nice run

More to come, dc project coming

Wonderful!!! Contract value 46mil, market cap 51mil!!!!

Just old management not willing to either grow or sell the business.

What are you intend to express, armadatuah

Great company with small share based 2XX million, full of cash approx 1XX million. Half of the company is cash plus it is at the time which oil price is moving upwards.

Carimin Petroleum Berhad

Market Cap 172 million
Total Cash 126 million
Oil Price supercycle to come
Winter is coming
Supply crunch

Is there a reason not to invest in O&G companies, especially the well-managed ones?

Market Cap 172 million
Total Cash 126 million
Oil Price supercycle to come
Winter is coming
Supply crunch

Is there a reason not to invest in O&G companies, especially the well-managed ones?

https://klse.i3investor.com/blogs/bfm_podcast/2021-08-09-story-h1569652878-QES_s_Quest_For_Growth.jsp

https://www.thestar.com.my/business/business-news/2021/07/16/qes-in-jv-with-us-based-applied-engineering

https://www.theedgemarkets.com/article/qes-group-staging-strong-reversal-says-rhb-retail-research

Yes

Ah i missed out. Thank you so much

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Whistleblower, eah has requested to withdraw the proposal. What do u think?

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Know you know why i said can consider collecting on monday. See the latest announcements

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https://en.wikipedia.org/wiki/Oji_Paper_Company

https://www.theedgemarkets.com/article/edge-weekly-more-ma-likely-paper-packaging-industry

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Ornapaper Berhad - A great company controlled by a conservative and old management team or perhaps a few 'old' individuals.

Recently, many companies with Outstanding Shares approx 100mil and below has been bought up to the extend of limit up. Orna potentially could be the next target as it has been thinly traded for many months with only 75mil Outstanding Shares.

Orna is great company which was a potential takeover target by Oji Paper which is one of the largest paper products companies in the world. There were such rumours circulating around the investment community though corporate events of such may not be likely to happen especially in view of the current Covid situation.

On the other side of thinking, the management may try to take advantage of the current undervalued pricing by planning the next few steps ahead be it privatising or other corporate activites if not continuing the the hibernating.

The current price as of 30th July 2021 was RM1.44 and the closing prices for the past 1 month has been around RM1.4X plus minus.

It is definitely another frustrating/undervalued stock in Bursa, controlled by the family members (Sai's Family) with a conservative way of running a paper products business (compared to Muda Holdings's Lim Family, more aggressive management). If you not already know, Mr Sai Chin Hock, the Executive Director and major shareholder of Orna is also the owner of Julie's Biscuit - a great confectionery company based in Melaka.

The big question is why Orna still maintain the listing status when the purpose of listing is just to put your company in hibernation mode instead of fully utilising the benefits of being a listed company. Yes it is definitely useful to let people know that it is a listed company to gain respect (another session for discuss further, not relevant in today's session). To summarise, the management will not care much about the minority shareholders' opinion and investing in Orna is a game of patience to see who will last longer...

1. https://www.theedgemarkets.com/article/edge-weekly-more-ma-likely-paper-packaging-industry

2. https://en.m.wikipedia.org/wiki/Oji_Paper_Company

This sharing is just for extra informational purposes only. It is vital to do your own study and analysis before making any investment decision.

https://www.theedgemarkets.com/article/rhb-good-start-tasco-sixfold-1q-profit-spike-beats-street-forecast

Can consider on monday

Hi edwardong53, start collecting on monday. You will know why soon

Rm5 we go