as i told you Bankers are at a loss----They are same as us , take a cup of Hot Milo before going
to bed and "expect" Sap to produce Good results tomolo.....so much for Bank's Tp

cannot say More or "they" will ban me for spreading Homo messages

i think most bankers are caught by Sap surprise loss----usually 9:00am many "congratulating reports" will be thrown-in ( back slappings, thumbs all up )

maybe testing 35% of previous surge----70cents

https://www.malaysiakini.com/news/493728

Kampong Baru and BM cannot launch at the same time bcoz Both Development are Heavy in
Luxury Condo.( who is going to Buy? ) Estimate 50bil (2019)unsold Luxury Condo in Klang Valley

Rozali raid funeral jewerly too.

PNB is Not fool proof----already Hit by MAS.....SAP could be next problem.....1.8Bil undersubscribed "jerawat" will emerge if 3Q is another Loss

-----------31/07/19----30/04/19---31/01/19------31/10/18----31/07/18----30/04/18----31/01/18

PBT ***-93,226****-78,354****-2,197,729****40,255****-79,668*****-108,179****-2,252,020

QoQ Profit before Tax, 2018 got a improving Trend,-------2019 got a Declining Trend
Better stay away until 2020 CNY, see whether any impairment loss first----Trend says 3Q is a Loss

Sap need about 1 billion Cash per year to run its Biz( Sap is a world class Co. )So 250mil / Qr is
normal cash disbursement

This time have to give some credit to Spin. Looks like huge support to prevent dumping----maybe
going up before they let go---stay away

For Sap, QoQ comparsion is not quite accurate but YoY, revenue increase is offset by equal increased in Operating expenses----Basically Sap's project is just enough to cover cost and prevent
another huge impairment loss ( world economy is not Good, cannot expect much in 2019 )

wait if you want to collect.....most likely 3Q is also Red.

Sap is only a collectible Stock after 2020 Chinese New Year ( to avoid hit by impairment loss )

usually when Co. announced Award Contracts where Revenue contribution is 12 months away
just before Qr results ( it always give me the Chill )

wa---sellers more then buyers

very good / very bad Qr Results Option already Gone( should release a few days back )------
Today release mostly " half passed Six type "------
Tomolo release mostly " Hangman Type "------------general Opinion

wait and see whether can hold above 0.775----if cannot then will retest 0.755 again. There is no
news, TA just depends on operator (manipulator or margin call operator) Direction----risky

Today price doesn't speak very well coming quarter results (so many insiders trading Sap daily )

Waterfalls.....what news?

0.33 is 20months High

https://www.malaysiakini.com/news/493055

Until Botak announced secured Deal, then we walloped.....mean time take little position...better option....
With so little Money left, Mahathir wants to Develop Kampong Baru ( as above) Smell very political
move( want to Tell Malays, PH cares-----after BN/Pas marriage)......as my friend says, Mahathir
takes BM deposit ( 9bil )and Buys kampong Baru
How PH is going to pay 40% Development Cost of BM----"untang" Iwh-Crec as long as possible

Crec wants BM land title ownership (land title belong to Gov) Basically BM properties got no commercial resale value on property ( can rent only or transfer to Gov Glc like what Najib done previously sell TRX land to LTH ) I think Botak is fighting very hard to have BM land title converted
to commercial land Or else Crec wouldn't come in

PH own 40% of BM. Got no money even to pay 1MDB's Bank interest. You think Botak got money?

I think margin is not compressed. Cost of Goods sold increased by 18mil could be Dnex recognised
Cost of Contract asset ( increase by 11mil) and Receivable ( increased by 9mil ) in this Qr.
Next Qr Revenue will jump ( recognised Contract asset as Revenue) and Cost of Goods will return to Normal-----so much better then Hibiscus

If a/c receivable is due from reputable Co., vivo can factor-out to Bank for some cash-flow And
stop paying / using its 53mil Cash. I think can survive another 1 or 1.5years---nasi lemak or Roti-
canai ---3 times a Day----53mil can pay Workers at 20% pay-cut (better than Utusan)

Vivo looks like a "normal construction Co" in Najib's era( nobody pays Vivo). Acct receivable 267mil
Cash 53mil but current liabilities 73mil (short 20mil)---Just Stop operation last Q bcos no cash anyway.

scomi just assemble parts----its doesn't manufactured monorail parts. You need Heavy Engineering
Machinery to manufacture parts. Such plants need capex of a few hundred millions to make One
part but there 1000--2000parts in a Train---Only China and Japan Train Industry can survive bcos
they got local Demand

still waiting for 4.30 to arrive----Hair getting whitter each day

I also think Dnex got a 20% stake in a Bangladesh power worth 200mil that they want to dispose.
I forgot where is the link?

2 years Extension---most of us already turned into Dust long, long time ago( given now is T+2)
I also thought this "single window" got Dnex into competition trouble---why Gov give extension?

Just aim for Ping Sale----more realistic

It is a crime if you don't announce to Bursa within stipulated Time allowed

If you have cash, just wait a little longer. I think shorties will come in for the kill (before/after AGM)
Rapid push down to 0.25-0.26 and let technical rebound to push back to 0.30.....If it does'nt
rebound from 0.26, don't call me bcos i am long dead

My Tp 4.30 is just a short distance but takes ages to arrive. Need new Cigar and kaw-kaw Old town
coffee

First say 20cents let go---today 40cents gain still holding. Maybe follow Public Bank Tp 4.30,
70cents let go----actually very difficult to sleep at night (hahaha) Okay if cannot sleep, then let Go

Gave-up mercedes, now go for Bentley

Just play short term. Win a few mercedes and a set-up a Detectives Agency to track-down Jlow.
Mahathir will reward you with ALL Gamuda Contracts if you are First one to Find J Boy wealth

Gamuda is Good at planning and most important, Money----Don't do hard labour.----Every project only do 20-5% work---All sub-contract out----The Real Companies doing all the hard work are Ah-Pek Companies. As they said, only Name of Main-Con name change in any major contract(the sub-contractors all the same group of companies)

1st technical rebound if can continue above 3.80 is okay. If breach below 3.80, i would sell---making 20cents gain first----long term very blur but short-term very exciting----just keep your eyes peeled

cannot sell Seadrill, look at the Goodwill account ( 8 billion)----Shahril had over paid Seadrill by alot
of money( of course at the time Oil was $100 )

you don't need a calculator to figure-out Sap current operating environment-----just look at the
revenue and operating expenses( they are same ). Basically Sap projects currently are intended
to keep itself afloat and away from impairment loss. ( all the bankers Tp had vested interested---they are stucked in Sap ) Hardly any profits are expected in coming 6 months---Bcos the rest of the
Worlds are in recession( except USA) Buy for second half of 2020 maybe a sound investment "if
and only if " Trump don't launch a massive Tariff at China

usually when 2 party lawyers came out of Court room with face "black-black"---one thing sure cannot achieve target.( or screw by Judge kaw-kaw) Investdps forgot to check lawyers backside
maybe still smoking.

you have to ask a "learned Judge" about this----I have no info bcos I don't like to burnt down my Office

when both parties cannot come to agreement---the Judge steps in (ends) Anyway that is the function of a Judge. The judge will announce 19mil( original) judgement and closed the File. Msiq or Shantawood will have to file a protest in another Court. However both parties knew very well, once a Judge announce a Number(19m), it will be used as a Basis in All future Case(very sticky to remove) No agreement means the End of Reassessment is next.

tonite i am going to have Char Siew rice and Peter kai lan

aiyah----you should send her some flower first----then can make things easy( investment)

Gamuda had entered hard time. No new Biz to replace Highways and No dividend for investor( need cash for Penang ) We can only play technical rebound

sold in the morning, after losing 70% of Friday gain-----now waiting get-in again

Menara 106 is now the tallest Building in Malaysia( 40 floors higher than Twin Tower) Have you
heard about Menara Botak---it is about 100 Floors higher than Twin Tower

Menara 106 is built by Mulia Group of Indonesia----MoF 51% share

TRX is 70acres( 9 billion Gdv) Menara 106 is core building (ready for tenants) So far only 50% rented out. Under ground is connections for HSR, MRT, BRT " still one Big Hole "---Vivocom bhd got many projects here. However share price only 2 cents (from 27cents)

I am sure TRX is part of BM. TRX started in 2014/5 and BM is future Development. Maybe Botak
lumped all into 140billion