The buy back prices were as high as 1.05!

Cypark has been consistently paying yearly dividend and it would be a surprise if fails to do it for this year.

The business may be good but the corporate governance is more critical for the success of the company. In fact we have companies where the price of the share not only much below net asset but even below net cash backing. The main reasons why such phenomenon happens due to corporate governance issues.

Very good Q Result and look the future of the company looks promising.

But Ladang Tanah Merah supposed to be completed and operational some time back, well before MCO.

Ladang Tanah Merah Project had suffered never ending delays for sometime and sadly never seems going to end.

Some thing brewing!

Price is still below Net Asset Per Share! And this company is making profit too.

Don't be surprised if Bursa, SC and MSWG are sleeping! Need to wake them up.

Directors disposing large no of shares, the company doing the buybacks to support prices and directors awarding themselves very underpriced shares under ESOS.

The truth is already right in the company announcements!

EGM to pass resolution for PROPOSED LISTING OF PESTECH (CAMBODIA) PLC (PCL), A WHOLLY-OWNED SUBSIDIARY OF PIB ON THE MAIN BOARD OF CAMBODIA SECURITIES EXCHANGE

Chairman and substantial shareholder were dumping and the company supporting the price via buy backs!

The government now allowed operation of all public transport to full capacity including airlines. Good news for Air Asia!

PICORP basically involved in technology based businesses related to mainly environmental and laboratory services, areas that not only unaffected by COVID 19 but will benefit from it instead. However it has always been under radar and low profile.

Yes this counter is not well followed and much unappreciated hence undervalued. It is profitable and giving dividends at a very good yield on top.

I got more champagne now! Hey Tony where is my capati?

"Indexes were lifted by shares of the biggest American airlines, which surged on signs that domestic air travel was starting to come back. American Airlines and United Airlines stock was up more than 8 percent, while Delta Air Lines shares were over 6 percent."

"Travel-related companies, badly bruised by the coronavirus pandemic, were also catching a bid on reopening hopes. Delta Air Lines (DAL) stock was up 4% and United Airlines Holdings (UAL) surged 6.8%. Cruise lines also popped, with Carnival (CCL) gaining 10% and Norwegian Cruise Line Holdings (NCLH) rallying 8.9%."

High gearing and negative cash flow are off course can be a concern generally for some businesses. However what is more worrying and pertinent is the issue related to corporate governance. Recently the company suddenly offered 48.6 m share under ESOS at a price of only 59.5 sen during the depressed price period on 26 March 2020. Previously the exercise price under ESOS was RM1.42 and supposed to expire on Oct 2020. Not surprising the directors were selling their shares even at depressed prices as they can buy back the share at lower price of 59.5 sen only. Another worrying phenomenon is the company did carry out buy backs while the directors are disposing the shares.

"American Airlines (AAL) said Thursday it was scheduled to fly more than 55% of its July 2019 domestic capacity for July this year, up from just 20% in May, citing “improving demand for air travel.” The announcement sparked a 41% surge in American Airlines’ stock Thursday, and shares of peer airlines rose in sympathy."

I having more champagne now, but what happen to my capati?

Q1 result shows a big jump in both revenue and profit.

Buffett had bought the stocks of the airline prior to the pandemic and therefore his entry cost likely to be much higher than prices during the pandemic. In Air Asia case for example those who bought prior to the pandemic crisis had paid much higher prices of, say around RM 2, very much higher than current prices. It is very rational therefore for Buffett or anyone who happened to buy any airline stocks prior to Covid 19 crisis to sell those stocks as they are very unlikely can recover their investment costs and therefore it is better then to use the sale proceeds to invest in other stocks that have gone down in prices.

The whole world markets up now currently. Even US Futures!

No need to wait for QR, it is already history. Invest for the preset and the future reality.

Now better order my capati, already got champagne !

Now you can have champagne and capati, lovely!!

When the price and volume shoot up.....

Now every body can have champagne too!

Why worry about beer when you can have champagne !!!

No point keep on being pessimistic. Buy the ticket lah!

Only if you have bought the ticket!

Preparing now for take off, sorry for those left behind

"Wall Street’s focus was on economic recovery Tuesday, and stocks rallied along with crude oil prices.
The S&P 500 rose nearly 2 percent in early trading, with shares of companies most likely to benefit from the lifting of restrictions on travel and commerce faring well. Shares of Delta Air Lines, United Airlines and other big carriers rose"

Warrant is a cheaper and better option to get exposure to Gunung,

And Gunung is already turning around to being profitable in this First Quarter !

Gunung will have a bright future. Gunung already investing in healthcare via LYC Healthcare and in planning stage to venture into banking and waste disposal businesses in Cambodia. Investments in small hydro plants will very soon provide substantial steady profitable income for 21 years from contracts to supply renewable energy to TNB in addition to the current supply of land transportation services to arm forces. Not to forget the possible write back of impairment amounting to RM 6.2 m being receivable due from Government.

All the best luck again to those who chose to listen to analysts but not their own common sense and clear rational thinking.

Now the turn of the stocks in the depressed sectors such as airlines and oil and gas. One of the top performers now in S&P500 are airline stocks. As said earlier there will still be airlines in the future but the only uncertainties are when the industry will recover and which airlines will survive. Those airline that manage to survive will thrive even better as the weaker competitors are phased out.

Likely to be pretty good though until next PRU

This seems to be the only O&G player that is very quite today. The rest attract a lot of attention.

Many fund managers were forced to sell their holdings in shares as their investors wanted to withdraw or redeem their investment.

43 sen as a terget price? Well I wish all the luck to those who do trade and invest according to analysts' reports!

Eden should go up higher now!

Tabung Haji continuous disposals had depressed the price but recently a buy by one of the top senior executive of Media indicates that something positive going forward.

The new Gunung with the new ones and management is now already in Transportation, Renewable Energy ( Small Hydros) and Health Care via LYC Health Care. It will soon venture into Waste Disposal and Banking in Cambodia. All the business sectors Gunung are and will be involved except perhaps Transportation are in the growing sectors.

On top it has suffering from negative cash flows for some years.

Cypark is quite highly in debt but still continue to do buy backs at fairly high price somehow does not sound right.

Cypark buying back shares. To support prices so that Directors can unload cheap shares like it did before??