Mbsb is leading as when other banks still making profit, it already in red for 2 consecutive quarters. Our EPF, poor returns next year.

Est Q results nta will down by 30%. May push up before poor results announcement. Trading range 0.09_0.15.

Still well supported.

Chief traders and broad market sentiment will dictate its direction. As for fundamentals and management competencies, long term curve tells everything. ST trading play around 0.045_0.095.

May push up before poor results announcement.

Malaysia likely to remain in bond index otherwise risk of 25 billion outflow. No worry, Rakyat will give full support as politically the country is leading by very experience old faces. On the way to 2800.

Mbsb is even worst, loss two quarters consecutively. Anyway, comb profit down 80% but price is not correlated in the current market goreng environment. There are reasons why pbb and hlb traded at a higher premium.

Observing this counter many years back when it was traded around $1, attracted by its NTA then. Luckily took extra efforts to read its financial statements, in particular distribution of profit or loss which is extremely unusual.
See the amount of dividend paid to non controlling interest, then decide whether you would support this type of company.
ST trading play amidst chief traders looking to rotate play low price counters. LT very negative if non controlling interest is not disclose comprehensively, correctly and accurately.

Trading range 0.225_0.28. May push higher before poorer next Q results announcement.
LT negative. ST trading play.

Bad news: buy Singer.
Good news: abortion of Singer.
Good news: Beijing jackpot.
Bad news: poor results as usual most of the time.
Good news: dividend after donkey years.
Next?

Really cheap potatoes for negative reasons.

ST trading range 1.60_2.40.

People who borrowed the most generally will be rich. As the case for YTL and many others.

Approaching tax incentive expiry date. Profit margin will be squeezed soon. ST trading play as price may be pushed higher closer to tax exemption.

With the positive political development, it is proved that majority people value and beliefs had changed. Further, corruption index is expected to improve too.
On the way to 2800.

As Thai is escalating to increase its gloves production, est price competition will be intensified soon. With the vaccines development in the pipeline, believe citi analysts will fail its target.
ST trading play. LT negative.

Quite unlikely the company could excel other than goreng.
ST loans closed to 14 billion while LT loans 30 billion with a cash balance of only 1.3 billion. NTA is only $1.17.
Believe is too difficult for lenders to do anything. ST trading play, LT will continue mark historical low unless goreng for right issues etc.

DNeX raises eyebrows with U-turn on Ping.... Initial plan to sell 30%, goreng on potential profit from disposal. Now to acquire remaining portion, goreng again.
Good to create volatility.

It only takes a quater for a listed company NTA turning into negative as proven in the past, eg london biscuits case etc.
ST trading play.
LT negative.
Next Q operating results is expected to be poor too.

Oop, EPF sure very little dividend next year. Multiple hit as we entering the LOW regime:
LOW fixed deposit rate.
LOW epf dividend.
LOW/NO stock dividend (generally except few counters).
ST 2.80-3.60.
LT positive.

Even profit, most will be attributable to the non controlling interest. If loss, SHs is likely to share most of it losses. This is a very funny company, best for gambling play amid low price. LT fundamentals is as depicted by its price curve.
P&L distribution:
2016:
SHs (owners of company) 1,070,000
Non controlling 12,285,000***
2017:
SHs 1,454,000
Non controlling 9,133,000***
2018_2019 June:
SHs 462,000
Non controlling 33,135,000***
Mar Q:
Loss attributable to owners: 9161k.
Loss attributable to non controlling 1982k***.

Today Jun Q:
Loss attributable to SHs 10,462k (loss)
Profit attributable to non controlling interest 10,715k.

In short, SHs are supporting non controlling interest to make huge profit or absorb most losses. Who are those non controlling interest? What kind of profit sharing arranged?

ST trading play. LT negative.

Beautiful results but not this Q.

Loss 144 million as expected.

One thing for sure, remuneration and bonuses most likely remain. Will consider dividend if still got left over.

Sabar sabar, have to take care of high remuneration and bonuses of bod, management and staff then leftover for minority SHs.

TP remains 6.50 in anticipation of next Q poor results.

See no business continuity plan and contingency plan as both first chair and second chair are too old and old.

This Q how high % profit (if any) is distributable to non controlling interest or how huge % of losses will be absorbed by SHs?

Transmile founder guilty of misleading statements... our laws and enforcement efficiency and effectiveness, more than 10 years old case. Considered end of chapter? Or still can appeal? Supermax etc cases? Is good so that market will not be jitter badly.
TP 2800 level.

Still well supported.

Key indicators all in red. Anyway, current market even loss making can goreng up as investors are rich generally.

Sep Q yoy is expected to be lower amidst high base of last Sep. Only trading play may help pushing up the price in ST.

Round 2: Retailers remain the winners as no massive sell off. Analysts want to collect low may be disappointed.

Goreng on disposal of ping. Now goreng on acquisition of remaining 70% of ping.

Personally I changed from negative to positive with some exposure. Wish did not judge wrongly.
Is difficult to determine who is right or wrong as the actual news that minority SHs received normally is late.
3 years ago judged correctly london biscuits for negative, eventually it went bankrupt but see no actions by authority on management and auditors despite massive written off receivables.
Good luck in the market as no one can be relying on.

Volunteer to become bod member with 50% of current fee till successfully turnaround. Massive restructuring is needed.

Other palm counters making profit except this despite high palm oil price opportunities. Unless goreng by traders, LT negative. ST trading play.

TP=Parkson.

Is a mistake to buy treasury shares which is subject to abuse. Cash should be distrute as dividend instead.

Very generous offer. Congratulations to minority SHs.

Announced good news followed by bad results. Same as bintai.

Parkson vs XDL, both are about same price with high NTA. Both are run by Chinese, one by msian Chinese, the latter by mainland Chinese. One lead by an oldman, the other by not so old man. Hopefully both are honest man instead of conman. Both have very high nta and cash rich but are penny stocks for good reasons.
Our choice, both in, both out. Good luck.

Est retail innvestors remain strong as many have holding power.

Announced mou, then followed by poor results announcement. Good strategy in messaging.

MBSB remains in the red for second consecutive quarter.... well done bod and management when other banks remain profit making. No wonder hlb and pbb are traded at a premium price, no basis of comparison other than goreng.

Hari ini dalam sejarah...7-Eleven posts weakest quarter since listing as stores hit by MCO. LT= BJ trend.

Round 1 26 Aug: Analysts vs Retail Investors.
Retail is temporarily leading as the counter remains quite supportive. Dropped 2.5 sen to close at 68.0 sen.

Few months ago Apr ....Zeti convinced of Sime Darby Property's resilience in the event of severe setbacks. Then in May, Sime Darby Property Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) plunged 95% to RM14.15 million. Today Aug, Sime Darby Property swings to loss in 2Q.
Good efforts.
LT negative amidst huge borrowings. ST trading play as may be seen as opportunities of its low price.

After all is the chief traders who will decide the direction, riding on sentiment instead of fundamentals.

Soon be a cash rich co after successfully suing bankers.