Mr SSLee also mentioned that SCIB is a multibaggar stock. Unfortunately, 6 months has passed and there is no indication it will happen anytime soon, and also no update from him.

Definition of multibaggar stock:
A stock that could deliver returns of 100% or more.

🤣 Mr SSLee bought 99999 units of SCIB at 37c to support his chat mate Balian formerly known as i3Lurker.
Lee also mentioned that SCIB will get a lot of projects but didn't mention when will it get the project. 🤔

Need to digest profit taking first.

Manulife too, has started reversal.

Rest a while could mean an opportunity for those who miss the boat. LOL

Slowly 🐢 but surely broke new high.

Malaysia’s Anwar says to cut fuel subsidy at the ‘right time’
https://www.bloomberg.com/news/videos/2024-05-14/anwar-malaysia-will-cut-fuel-subsidies-at-right-time-video

What do we think? EPF Account 3 withdrawals would likely to be used on?
A new car?
House renovation?
Travelling?
A new smartphone?
New furnitures?
And the lists go on.....

https://www.sinchew.com.my/news/20240513/finance/5605465

Coming big surprise from Genting Singapore due to it's superd latest business updates?

What do we think? EPF Account 3 withdrawals would likely to be used on?
A new car?
House renovation?
Travelling?
A new smartphone?
New furnitures?
And the lists go on.....

Insurance premiums collected are invested for example equities. Hence bullish share market boost up share price as well, including Manulife.

Expecting government to rollout target subsidy next month, including fuel. Already BYD reported top sales in March. More car owners are expected to shift to electric vehicles.

After 5 years continue kissing TF finally bought RM880 "admission ticket" to the AGM hall. Make sure no rotten eggs in his pockets.


Sslee

4,847 posts

Posted by Sslee > 5 hours ago | Report Abuse

By the way I hold 1,000 unit capA shares just to make myself a shareholder.

One of the most lagging behind property stock.

Quite similar to trend of PBA, the longer you wait, the higher the potential missing the second wave.

SsLee lost kaw kaw in AirAsia during Covid-19, started blaming TF since then.😁

To those swing swing trying for a quick buck. Good luck 😂

And so will SSLee continue to ask questions and post mathematical figures.

Beside Johor, which part of Malaysia is more likely? Penang, Selangor, N. Sembilan, or even Melaka?

SSLee talks until the cow comes home yet miss the boat again?

Net asset 58c only.

It is seem like a mathematical calculation. Maybe Lee can tabulate it out in rows and columns form for easier reading and understanding.


Sslee

4,705 posts

Posted by Sslee > 4 hours ago | Report Abuse

Expected gain arising from the Proposed AAB Disposal
Based on the Company’s audited consolidated financial statements for the FYE 31
December 2022, the Proposed AAB Disposal is expected to result in a pro forma gain
on disposal of AAB upon completion of the Proposed AAB Disposal of approximately
RM6,071.45 million. The details of the pro forma gain arising from the Proposed AAB
Disposal is set out below:
RM’ million
AAB Disposal Consideration 3,800.00
Add: Net liabilities of AAB as at 31 December 2022 2,351.75
Less: Transaction costs for the Proposed AAB Disposal (4.30)
Less: Estimated capital gains tax (76.00)
Pro forma gain on disposal of AAB 6,071.45

The NewCo will then acquire Capital A's aviation business — AirAsia Aviation Group Ltd (AAAGL) and AirAsia Bhd (AAB) — for RM6.8 billion. It will be issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, while it will acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt that Capital A owes AAB.

Newco issuing new shares worth RM3 billion in the NewCo to acquire AAAGL, and at the same time take over Net liabilities of AAAGL as at 31 December 2022 RM 1,801.00 million

Newco acquire AAB for RM3.8 billion, to be satisfied by assuming RM3.8 billion of the RM3.83 billion worth of debt and at the same time take over AAB Net liabilities of as at 31 December 2022 2,351.75 million.

SSLee spent years in argument in forum and finally lost to the accountant CEO. Next round SSLee at AGM head on with Tony. 😁

News is already out, why no chicken run dogs fly?

No way can boikot a casino.

Updates on possible HSR project to be announced soon?

Forest City is no longer a "ghost town."

Gulf tension ease.
https://www.sinchew.com.my/news/20240420/international/5547761

In wartime, medicine is more important than body care products.

In wartime, it may go down to 20c.

Mana Ular? Takut perang mungkin mahu start balik kampong korek lobang besar kah?

Will Iran afford further sanctions from EU and US?
https://www.ft.com/content/b3faaef5-b68f-4a35-a54f-1305afda1483

During the Gulf War in 1991, without provocation, Iraq fired 42 Scud missiles at Israel, aiming to drag Israel into the war and thus imperil the US-led coalition, in which several Arab countries participated. Upon urging by the United States of Israel to stay out of the war, Israel did not retaliate.
https://en.m.wikipedia.org/wiki/Iraq%E2%80%93Israel_relations#:~:text=During%20the%20Gulf%20War%20in,war%2C%20Israel%20did%20not%20retaliate.

No new project reported.
Worse, war.

No mention to boikot AEON Big, a failed Mr boikot.

Funny. There are some people still feeling bullish for this stock amidst escalating conflict in Middle East.

So next will the boikot king boikot AEON Big to show his consistency in boikoting?

Middle East crisis escalated.
https://www.timesofisrael.com/report-warns-iran-could-launch-major-drone-and-missile-attack-as-soon-as-friday/

Hopefully it won't happen or else share market would have bloodbath next week. Dow dropped 475 points yesterday is the first sign?
https://www.timesofisrael.com/report-warns-iran-could-launch-major-drone-and-missile-attack-as-soon-as-friday/

Yeah, Forrest Gump may try it. Interesting.😀

Until today no one claim back the Vern shoes.
How about AEON Big for the 11 pieces of mat seized by the authority?
https://www.freemalaysiatoday.com/category/nation/2024/04/13/mats-with-kaaba-images-are-mini-prayer-mats-says-aeon-big/

Will the supermarket claim back the eleven pieces of mat?
https://www.sinchew.com.my/?p=5531620

And more time and manpower allocated to these instead of emphasizing more on nation building. Sigh 😔!

What happen next to the 1,145 Vern shoes siezed? No news after that? Nobody questioned who can keep the shoes or return them to the shop owner as at today?

Boss Liew sold big chunk from 37.5c to 36c on 1st, 2nd and 3rd of April. How would price not retracing?

30 Nov 2022 closing was RM3.87.
Maybe what he meant falling so much is actually mean ABMB is lagging behind other banks in terms of share price.

Last time Top Glove, now YTLP? Ular earned KFC already?

Base support 305 broken.

Instead of arguing in forum, why not argue with Tony at the AGM? This is really weird.