Think LYC is super undervalued as a long term stock. Healthcare stocks are so rare, only 3-4 in Bursa.

KNM is not really oil and gas. It's renewable energy now, which is the opposite of oil and gas.

Tan Sri LKH owns Iskandar Waterfront which is the project owner of Bandar Malaysia. As it is, ekovest and IWCITY which is ALSO owned by Tan Sri is not involved now, because no projects has been awarded to them YET (that's why they had to make the announcement). But don't you think Tan Sri will award the projects to his own companies Ekovest and IWcity in the near future? Makes sense right?!

Tan Sri LKH owns Iskandar Waterfront which is the project owner of Bandar Malaysia. As it is, ekovest and IWCITY which is ALSO owned by Tan Sri is not involved now, because no projects has been awarded to them YET (that's why they had to make the announcement). But don't you think Tan Sri will award the projects to his own companies Ekovest and IWcity in the near future? Makes sense right?!

Actually this is a good project for LYC Health because LYC Health bears no property dev risk whatsoever and only provides medical consultancy services to LYC Venture. LYC Health will also have the rights to operate a medical centre there in the future which will service the greater Genting area. (Demand is great as there's no substantial medical facilities in that area)

LYC Healthcare is not involved in property development at all. The property development is done privately by Lim Yin Chow through his private (not listed) LYC Venture. That's why the confusion because both the company names are LYC. I repeat again, LYC Healthcare is not doing property. LYC Healthcare with its healthcare expertise is providing medical consultancy to "healthcarerize" the project in Genting. LYC Health will not be doing the property development but will advise the developer on how to make it a healthcare city. LYC will also be operating nursing homes and hospitals there in the future. So, LYC Healthcare makes a nice healthcare profit out of the whole project. Now many developers are looking for healthcare partners to make their property a healthcare property. LYC Health is the only company with the unique skill set to do so.

Orion is not doing a 30% placement right now. They are only doing 15% placement. The rest of the placement will only be done if they secure another project. And the placement price will be 5-10% discount to market price. That's the maximum discount that is allowed by Bursa.

sometimes I wonder who all these people are, so ungrateful to Icon. Icon is the one who has been writing all these articles promoting AA. You all should thank him instead of hentaming him. Don't know what's wrong with you all.

tks!

Let me stress this. This is a Private Placement. NOT a Rights Issue. Big difference. Private placement is minimum dilution 10-20% (in this case it's 16.7%) . Rights Issuance is usually 40 to unlimited % dilution. There will be no rights issue. Whos so stupid to go and do rights issue after private placement. Usually after private placement share price is strong in 70% of cases. Why would Tony invest in this price? Because he thinks that it will go much higher lar. Maybe he expect much higher profits. You all think he stupid meh? He's the founder of AA, he's smarter than all of you lol!

16.7% dilution not huge lar. This is a placement, not a rights issue. AA is trading at 5x PER. That means after placement, now it trades at 6x PE. Not much difference lol. Major airlines trade at 13x PER. very positive. Tony is now all in and will double the share price to 13x PER.

there is a dilution yes, but Tony buying it more than offset the dilution

this is a very good announcement. Tony taking a private placement means that he knows that the shares are worth much more than the current price. Tony is going to ride with us and make sure the share price doubles.

private placement to strategic investors of course good news lar

what's the target price of of cimb?

ok thanks!

Kakijudi, I've tried to find the CIMB report but can't find it. Is it published yet? Can send to my email?